I found BloodHoundBlog by following a link from a comment Greg made on an Inman story that I had also commented on. It was pretty typical Inman fare — “Blog your way to a Fortune in Real Estate” was the implied headline. When I arrived here I felt like Dorothy waking up in her bed back in Kansas.
I am new to the Real Estate “industry”. I put that in quotes, because “industry” implies the production of something other than nausea when sellers see the commission they paid (BA DUM DUM – Crash! But I kid the Realtors…). I began working with brokers after building a career as an eCommerce consultant. That was in the real world, which for the purposes of the metaphor I will beat to death in this post, we will call “Kansas”.
That makes Real Estate “Oz” for all the many reasons that have been documented here over the past two years.
Full disclosure: I have spent the last two years trying to bring eCommerce Best Practices from Kansas to Oz. The centerpiece of that effort is a IDX Search platform called “Foyer” that is powered by Google Search Technology. I guess that makes me a vendor, but I am not a carny barker. So far, every gig we have is from a referral. Its been a slow way to grow, but its kept us honest. Its also the best marketing we can afford.
With that out of the way, you want to know why you should bother to read what I have to say, so to give you an idea of where I am coming from, I will finish the beating of the metaphor.
If I’m Dorothy, then, in no particular order:
Lollipop Guild: Real Estate Agents. Obviously.
The Wizard: The NAR/Move Inc/Realtor.com cartel. Behind the scenes of an imposing edifice The Wiz is an old man pulling big levers (one is labeled “MLS”) that are no longer attached to anything. The Wizard’s power is derived from the size of the Lollipop Guild. The stature of the Guild members indicates the height of the barriers to entry set by the Wiz. When Bloodhounds Read more