The Big List Debate
In recent weeks there have been a number of lists that came out by various people in the RE.net space. Roost is currently on the 4th installment of 50 RE People You Should Follow on Twitter, Stefan Swanepoel’s 2 part series on the 100 Influential & Interesting Real Estate People, and Dustin Luther’s analytical 50 Most Influential Real Estate People on Twitter, to name a few.
The ensuing debate on Twitter was extensive and intriguing spurred by Marc Davisson. He continued the conversation in his post Measuring Influence on Twitter: Who “Cares?”
So when I saw the Beta for Twitter Lists on my profile, I was not too sure how I felt about it. As a matter of fact, I committed Beta Twitter sin by tweeting about that uncertainty within moments of seeing the Beta headline. Someone was kind enough to give me a heads up about my faux pas.
Lists and Influence
I admit, I didn’t do anything for a few days. I was reluctant and I have to say that even as I began to build my lists, it felt uncomfortable. It’s as if you are defining a clique of some kind. But, I began to notice something else. When I had a new follower, I found myself checking the number of lists they were on.
Normally, I evaluate my desire to follow back by the ratio of followers to those they follow, the number of tweets, and primarily – are they engaging or are the simply broadcasting or spamming their content. This list feature added a different tool to evaluate their ‘influence’, if you will.
For example, I noticed one follower seemed very connected, very active. He had 25,000+ followers and over 20,000 tweets. My initial thought was that he certainly seemed to have an audience for his message. And yet, with all of those followers, at that point, no one had put him on a list. Interesting…and it made me wonder, he may have a lot to say, but do people really care? Is he really connecting?
Time Will Tell
The Beta is still Buggy and I’m not sure when the roll out will be more extensive. Only time and a broader use of this new feature will tell what the impact will be, however, I do think this has changed the game quite a bit.
My current perception is that evaluating a twitter follower has changed. Evaluating influence and engagement has changed. Following lists, rather than individuals may have a place.
Check out this very interesting evaluation by Robert Scoble. I’m interested in your experience and insights if you have been playing with the Beta. And even if you have not, I’d love to hear your thoughts on the new Twitter list feature.
Austin tops the list of best places to buy a home
When looking to buy a home, taking the long view is important before making such a huge investment – where are the best places to make that commitment?
Looking at the bigger picture
(REALUOSO.COM) – Let us first express that although we are completely biased about Texas (we’re headquartered here, I personally grew up here), the data is not – Texas is the best. That’s a scientific fact. There’s a running joke in Austin that if there is a list of “best places to [anything],” we’re on it, and the joke causes eye rolls instead of humility (we’re sore winners and sore losers in this town).
That said, SelfStorage.com dug into the data and determined that the top 12 places to buy a home are currently Texas and North Carolina (and Portland, I guess you’re okay too or whatever).
They examined the nerdiest of numbers from the compound annual growth rate in inflation-adjusted GDP to cost premium, affordability, taxes, job growth, and housing availability.
“Buying a house is a big decision and a big commitment,” the company notes. “Although U.S. home prices have risen in the long term, the last decade has shown that path is sometimes full of twists, turns, dizzying heights and steep, abrupt falls. Today, home prices are stabilizing and increasing in most areas of the U.S.”
Average age of houses on the rise, so is it now better or worse to buy new?
With aging housing in America, are first-time buyers better off buying new or existing homes? The average age of a home is rising, as is the price of new housing, so a shift could be upon us.
The average home age is higher than ever
(REALUOSO.COM) – In a survey from the Department of Housing and Urban Development American Housing Survey (AHS), the median age of homes in the United States was 35 years old. In Texas, homes are a bit younger with the median age between 19 – 29 years. The northeast has the oldest homes, with the median age between 50 – 61 years. In 1985, the median age of a home was only 23 years.
With more houses around 40 years old, the National Association of Realtors asserts that homeowners will have to undertake remodeling and renovation projects before selling unless the home is sold as-is, in which case the buyer will be responsible to update their new residence. Even homeowners who aren’t selling will need to consider remodeling for structural and aesthetic reasons.
Prices of new homes on the rise
Newer homes cost more than they used to. The price differential between new homes and older homes has increased from 10 percent traditionally to around 37 percent in 2014. This is due to rising construction costs, scarcity of lots, and a low inventory of new homes that doesn’t meet the demand.
Are Realtors the real loser in the fight between Zillow Group and Move, Inc.?
The last year has been one of dramatic and rapid change in the real estate tech sector, but Realtors are vulnerable, and we’re worried.
Why Realtors are vulnerable to these rapid changes
(REALUOSO.COM) – Corporate warfare demands headlines in every industry, but in the real estate tech sector, a storm has been brewing for years, which in the last year has come to a head. Zillow Group and Move, Inc. (which is owned by News Corp. and operates ListHub, Realtor.com, TopProducer, and other brands) have been competing for a decade now, and the race has appeared to be an aggressive yet polite boxing match. Last year, the gloves came off, and now, they’ve drawn swords and appear to want blood.
Note: We’ll let you decide which company plays which role in the image above.
So how then, does any of this make Realtors the victims of this sword fight? Let’s get everyone up to speed, and then we’ll discuss.
1. Zillow poaches top talent, Move/NAR sues
It all started last year when the gloves came off – Move’s Chief Strategy Officer (who was also Realtor.com’s President), Errol Samuelson jumped ship and joined Zillow on the same day he phoned in his resignation without notice. He left under questionable circumstances, which has led to a lengthy legal battle (wherein Move and NAR have sued Zillow and Samuelson over allegations of breach of contract, breach of fiduciary duty, and misappropriation of trade secrets), with the most recent motion being for contempt, which a judge granted to Move/NAR after the mysterious “Samuelson Memo” surfaced.
Salt was added to the wound when Move awarded Samuelson’s job to Move veteran, Curt Beardsley, who days after Samuelson left, also defected to Zillow. This too led to a lawsuit, with allegations including breach of contract, violation of corporations code, illegal dumping of stocks, and Move has sought restitution. These charges are extremely serious, but demanded slightly less attention than the ongoing lawsuit against Samuelson.
2. Two major media brands emerge
Will cash still be king after COVID-19?
Google Maps will soon display traffic lights
Plastic bags are making a comeback, thanks to COVID-19
Scammers are taking advantage of the unemployed
PopCom designs smart vending machines to automate regulated products
HEROES Act could increase unemployment stimulus benefits, add return to work bonus
A closer look at the HEROES act, and who stands to benefit the most
The White House pushes for $450 per week return to work bonus
Managing bipolar disorder and what I wish my employers understood
The Apple Watch isn’t just a way to ignore calls, it could save your life
Anti-surveillance mask – creepy, ingenious, or potentially illegal?
Amy’s Ice Cream founder on Austin’s business risks and rewards #WhyAustin
Turns out a lot of people are in between introverted and extroverted
P. Terry’s founder on the booming economy in Austin #WhyAustin
Ladies and gentlemen, the U.S. National Anthem
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