Where Real Estate Gets Its Dirt

Archimedes!

Just wanted to give a quick update on Toby’s Eagle Scout Project. The project involved refurbishing the existing bleachers used by the tennis teams at his high school. Refurbishing meant repairing some of the existing parts, while other parts, like the wood planks for the bleachers themselves, needed to be replaced.

One challenge we faced was with some steel braces on the back bleachers that were pretty bent, most likely from kids standing on them. We couldn’t find replacements in the right size, nor any made of steel. Aluminum wasn’t an option because it wouldn’t be strong enough, and we also had some budget constraints to consider. So, we needed to straighten out the existing braces before stripping them and giving them a new coat of paint.

Despite their age and condition, the braces were surprisingly tough to bend. We tried using my workshop table vise, but it wasn’t enough. What we needed was leverage. Luckily, we found an old scrap piece of pipe about 5 ½ feet long and about 2 inches wide. Using that pipe along with some cement parking posts, I shouted “Archimedes!” and Toby successfully bent the steel braces back into shape.

Afterward, Toby decided to name the pipe “Archie.” Which I guess is easier to say than “Archimedes”. With Thanksgiving break here, Toby hopes to get everything assembled with some other scouts this week. Stay tuned!

John Holley

North Texas Real Estate Information Systems (NTREIS) CEO John Holley Announces Retirement After 20 Years of Transformational Leadership

“Since Holley assumed his role in 2005, NTREIS has expanded from 19,000 to over 53,000 subscribers, supporting 15 Realtor Associations across 44 counties in North Texas and parts of Louisiana. Under his leadership, NTREIS adapted to an era of rapid technological advancement, enhancing service offerings and ensuring subscribers could access superior, cutting-edge tools to succeed in a competitive real estate market. Known for his forward-thinking approach and dedication to serving the real estate community, Holley has left an indelible mark on the organization and the industry.”

John, in my eyes, has always been a true gentleman in every sense of the word. He has been incredibly kind to me over the many years we have known each other. I first met John when he was working at the MLS in San Diego. From my memory, there was always a bit of drama in the San Diego real estate market (and there still is today), but John was a steady voice amidst that drama. He saw something in our little company (IRIS, then selling Lightning – Easy MLS Access) and helped pave the way for us. He offered the same steady hand when he moved to Dallas to work at NTREIS, navigating this new market and its nuances with a “dedication to serving the real estate community.”

I’m not sure anyone truly understands the seismic shift the internet brought to the real estate industry (and especially the MLS) back in the day. MLS leaders of that era had to manage the fury of brokers and agents who had previously acted as gatekeepers to the data. Keeping the MLS industry alive and enabling it to grow was an enormous challenge. I often think about that today with the turmoil we face and wonder if the new generation of MLS leaders will be able to navigate these troubled times as successfully.

I’m going to miss getting together with John for a show or dinner at The Palm during Inman NYC. I will deeply miss this gentle-man who has done so much for our industry. However, I know that he and Cathy will thrive in this next chapter of their life together.

Happy Trails John

Toby’s Eagle Scout Project

As he nears the end of his Scouting journey, my son Toby is starting his Eagle Scout project, which must be completed through donations. He’s chosen a great project: refurbishing and restoring one of the bleachers at his high school. The bleachers are used by the tennis team, which Toby is part of.

Venmo Link -> Toby’s Eagle Scout Project

OMG! They did it!

Woke up early this morning to “catch” this. SpaceX just launched its biggest rocket, which includes Starship. But the trick was they wanted to catch the booster part of the rocket back on the launch platform with what they call, “chopsticks”. And they did it!! I was watching this live on my phone jumping around in the kitchen like a madman!

Oh, and BTW, Starship made it to orbit with no problems.

Stop and look at the thing

Some Friday fun. If you want to get a peek in to what I find inspiring here you go.

Rayse rising

Rayse Launches to 200 Brokerages, Transforming Transparency and Value in Real Estate Transactions

“Developed in collaboration with leading brokerages, franchisors, and multiple listing service (MLS) providers, Rayse has garnered significant industry support. “We believe in shared ownership of technology solutions to benefit both real estate professionals and their clients,” said Howard W. “Hoby” Hanna IV, CEO of Howard Hanna Real Estate Services, an early investor in Rayse. Founding investors in Rayse completed over 1.1 million transactions in 2023, and the combined agent count among brokers and MLSs is over 470,000, according to data provided by T3 Sixty.”

What I appreciate about what James Dwiggins has so far done with Rayse is the shear number of industry participants who have invested real money to launch this new venture. The count of industry investors he has put together is amazing. It lessens the burden of having to rely on one or two big checks and also has the advantage of smart money. If you take a look at the list of people/companies that have invested they are the same people that can actively participate in helping the company succeed. And when Rayse does succeed they all can participate in its success. Love, love love.

Remember

My wife and I were in New York recently to help my son settle in for college. His dorm is walkable to the World Trade Center. We took the 9/11 Memorial Museum Tour, which was sad but also inspiring. If you haven’t done it, I would highly recommend it. #neverforget

Open or Closed?

Clearing the air on Clear Cooperation

this is about what kind of industry we want to be, and what kind of housing market we want to create: open or closed.

It is that simple. It is that important.

Brian Boero, 1000watt

Brian writes so well it almost makes me want to give up writing myself. In his “Friday Flash” he breaks down the posturing and rhetoric surrounding CCP and gets down to the real issues. It’s about whether we as an industry want an open or closed market.

I’m with Brian. “I want open.”

This a must read. Especially if you are at the Department of Justice.

Realtracs expands access to 1.9M listings

Realtracs Expands Access to 1.9 Million+ Listings Through Southeast MLS Alliance

“Realtracs, the technology company providing the largest multiple listing service (MLS) in Tennessee, announced today the data from a recent MLS alliance is available for subscribers. The Southeast MLS Alliance was created in 2023 to allow cross-regional data sharing among agents and brokers in Tennessee, South Carolina, Georgia and North Carolina. “

Realtracs

I’ve been on the road awhile so I’m catching up on some the recent news and his caught my eye. Users of Realtracs, Canopy MLS, Georgia MLS and Charleston Regional MLS now have a full feed of more than 1.9 million additional listings across the southeast.  Boom!

Congrats Eric!

Just love the smile of Eric Stegemann’s face after his company, Tribus, winning the Inman Innovator Award for “Most Innovative Client Experience Solution“. Well done!

Sponsored By MLS Reset