Inman Blog

Connect the dot-coms

Inman_News — Fri, 31 Jul 2009 12:04:51 -0700

Q: Who is the co-founder and CEO for Yelp.com, one of the most popular business rating and review sites on the Internet?
A: Jeremy Stoppelman (see "Everyone's a critic at Yelp.com").

He is a keynote speaker at the Real Estate Connect conference, which runs from Aug. 5-7, 2009, in San Francisco.

Q: What online company, with a specialty in sales of shoes and other clothing and accessories, racked up $1 billion in gross sales last year and is in the the process of being acquired by Amazon.com?
A: Zappos.com.

Alfred Lin (see "The cult and culture of Zappos"), the company's chief financial officer and chief operating officer, is also a keynote speaker at the Real Estate Connect conference next week.

Q: Who authored a book about the revelations of online search behavior and serves as global research manager for a Web metrics company?
A: Bill Tancer (see "Dancing with Web stats") of Hitwise.

He will deliver a keynote address during the Real Estate Connect conference next week.

Click the links below to view a sampling of some other notable participants in the Real Estate Connect conference next week:

Justin Britt Eric Bryn

Alex Chang Aman Daro

Craig Donato John Erickson

Chris Freeman Jonathan Kauffman

Margaret M. Kelly Dustin Luther

Amanda McMillan Nicole Nicolay

Sean O'Toole Eric Stegemann

Multiple offers: the latest 'M.O.'?

Glenn_Roberts — Tue, 28 Jul 2009 15:03:49 -0700

Flickr image by soundman1024.

Multiple offers on for-sale properties is the modus operandi in some housing markets these days. Inman News columnist Tara-Nicholle Nelson wrote this week, "in the last couple of days, I've seen another 30-offer listing and a bunch in the seven- to 15-offer range. The level of buyer activity has gone from zero to 1,395 in the blink of an eye.

"(And I've asked around -- my colleagues in other markets are seeing the same multiple-offer phenomenon, although perhaps not to quite the same extremes.)"

In a separate report, California Association of Realtors Chief Economist Leslie Appleton-Young stated that "many distressed properties" are "receiving multiple bids."

Nelson suggests that the looming expiration of the First-Time Home Buyer Tax Credit may have something to do with the rush of offers.

Are you seeing multiple offers in your market area? Tell us about it. And tell us what factors you think are driving the multiple offers. Who is making these offers? First-time buyers? Move-ups? Investors? And what types of properties seem to get the most offers these days.

Send your comments to: future@inman.com, or comment here.

Inman News may publish some of the comments received.

Bake me a cake as fast as you can ...

Glenn_Roberts — Thu, 23 Jul 2009 11:36:53 -0700

Angela Logan's bake sale, in which she sold more than 500 "mortgage apple cakes" at $40 apiece, has allowed her to make her mortgage payment and keep her home, The Record of Bergen County newspaper reported.

Logan had sought to sell 100 cakes in order to make payments to her lender, Bank of America, and qualify for a loan modification, according to the report, and a local hotel allowed her to use some kitchen space to meet the demand.

"I won't stop baking until people stop ordering," she told the newspaper. "It's been an outpouring of people wanting to help, and I want them to get their cakes. It'll be awhile, and I'm asking everyone to be patient."

Flickr photo by WordRidden.

Follow Real Estate Connect San Francisco 2009 Live!

jbernheisel — Mon, 20 Jul 2009 17:31:49 -0700

Some of you may have seen my tweet earlier today about our new Connect SF Twitter mashup created for us by SocialApproach. If you haven't, take some time to check it out.

The idea behind implementing this was to allow our community to create a fully interactive experience revolving around Connect SF. By integrating twitter, blogs, images and video, it's your one stop shop for related media files, blog posts and real time updates via Twitter. Just use the hashtag #ICSF on your images, videos and tweets and you'll be included in the mix!

Now, whether you're attending the conference (you really should) or just watching from home, you can easily keep up with all the action in one place.

Dual agency and the 'hogs' who love it

Glenn_Roberts — Mon, 20 Jul 2009 15:42:06 -0700

Inman News columnist and Realtor Teresa Boardman digs into the real estate dual agency issue in her column today, "Romancing the 'hogger' " (click here to read).

She explains that the "hogger" is the listing agent who ends up representing both sides of a real estate deal -- collecting the entire real estate commission (minus the listing broker's share).

She writes, "When I went to the classes that I needed to get my real estate license I remember the story the instructors told about the lucky agent who got the 'hogger,' or both sides of the deal. They painted a picture of the hogger being something to strive for because the agent gets the entire commission and does not have to split it with a buyer's agent."

Some states prevent agents from representing consumers on both sides of the deal (the practice of dual agency is sometimes referred to as "double dipping" or "double ending").

In some cases different agents from the same brokerage office will represent the buyer and the seller in a transaction.

A common argument by critics: "You wouldn't want your lawyer to represent the other side in a legal dispute."

Is dual agency ever a good thing for consumers? Are consumers still largely in the dark about dual agency and what it means? Will the practice of dual agency ever be wiped away completely from the real estate industry?

Flickr photo by Sheep purple.

Space is filling up at the Palace Hotel for Connect San Francisco '09! Don't be left out!

RealEstateZebra — Mon, 13 Jul 2009 08:02:57 -0700

Inman Connect San Francisco 2009 is just around the corner. Response the stellar program we've got lined up has been tremendous. So good, in fact, that the Palace Hotel is almost completely sold out already! The good news, though, is that there is still time for you to register so that you don't miss out on. . .

3 Incredible Pre-Conference Workshops-- Bloggers Connect, ConnectTech, and the Internet Marketing Summit.

A chance to see the hottest startups in the real estate space at Startup Alley.

The sure-to-be valuable welcome address by Brad Inman highlighting the importance of grassroots innovation in the real estate industry.

A completely redesigned program format that will give you more hard-hitting, valuable information than ever before.

Not one, not two, but THREE killer keynote presentations-- Nick Bilton of the New York Times; Alfred Lin, Chairman, COO & CFO, Zappos.com; and Jeremy Stoppelman, Co-founder and CEO, Yelp Inc.

Those are just the highlights of what is sure to be an amazing gathering of the world's best and brightest of the real estate industry. So what are you waiting for? You've still got time to register and get a room, but you better hurry!

See you in San Francisco!

What's Your Tweet Worth?

jbernheisel — Wed, 01 Jul 2009 13:30:24 -0700

What's your tweet worth? Well, it could be worth $100, and possibly even more if you're one of the lucky winners of our Twitter contest.

Here's the scoop:

Starting today -- July 1, 2009 -- we're launching the first official Inman News Twitter contest. The rules are simple. Just tweet a message that includes a link to this page: http://www.inman.com/events/real-estate-connect-san-francisco-2009 and use the #icsf hashtag so we can track the tweets. Pretty easy huh?

What's in it for you?

Amazing discounts and prizes galore! The prizes below are listed next to the corresponding winning tweet #.

10th = $100 off registration to Connect SF

25th = $250 off registration to Connect SF

50th = $500 off registration to Connect SF

100th = Free registration to Connect SF

150th = Two Free Registrations to Connect SF

250th = Two Free registrations and a free dinner at the Palace Hotel (up to $75 value)

500th = Two Free registration for SF and NY plus 1 year Inman News premium subscription

1000th = Five free registrations to Connect SF and lunch with Brad Inman

So, if I'm the 10th person to tweet (following the above rules), I would win $100 off registration to the conference. Score!

As you can see, the prizes just keep getting better the more people tweet and re-tweet. Will you be one of the lucky ones?

We'll be announcing the winners on Twitter as they happen so keep an eye out by following us at @inmannews.

We also have a secret prize to give away that we will be announcing later. I can't tell you what it is, but trust me, it'll make the winner very happy!

Now the fine print: Free registrations can be transferred to a future event if you've already purchased a pass. Inman News reserves the right to change contest rules without notice. If you're still reading this, you're worried too much about the rules. Get out there and tweet!