The Inman Files: Who is getting rich in real estate?

I have contacted Forbes Magazine about their Top 400 Richest People list because they obviously made an editing error, a grave omission. No one (almost no one) is included from the real estate services or real estate portal space. How could that be wit…

Battling insurance: The dark side of disaster recovery

In the aftermath of four major natural disasters in the last month — Houston, Puerto Rico, South Florida and now Napa and Sonoma — plans to rebuild have already begun. And insurance companies are wringing their hands, plotting their next moves …

The Inman Files: Ending 155 years of real estate scams

Thirty some years ago when my older brother was climbing the corporate ladder in a Big Four accounting firm, he was relocated to the company’s New York City headquarters. A little green in the ways of the city, he got a telephone call one Sunday afternoon from a man claiming to be an executive with a big client of the firm. He said that he had traveled to New York City from London, lost his wallet and asked my brother to help him out with travel expenses …

Playboy Mansion expected to go up in value

Playboy founder Hugh Hefner died at 91-years-old on Wednesday, his company confirmed. As the tributes and debates over Hefner’s legacy continue, the new owner of the iconic Playboy Mansion in the tony Holmby Hills neighborhood of Southern California could enjoy a windfall in the property’s value …

Trump’s tax reform plan is a mixed bag for real estate

Before the parsing, pissing and politicalization of President Trump’s nine-page tax reform proposal gets hot and heavy, here are some salient features that might help or hurt real estate …

The Inman Files: Don’t wait for Opendoor to eat your lunch

Face it, the Opendoor iBuyer model of a fast, furious and certain home sale is beginning to get market share. What does a traditional broker owner do? Complain to NAR? No. Start a “Stop Opendoor” (SOD) campaign? Please. Change your listing offer? Now we’re talking …

The Inman Files: All-day open houses and reconsidering Chris Rock

You can imagine the day when the houses with more showing hours and easier access will sell faster than homes done the old way. The parallel to e-commerce is unmistakable …

The Real Estate Unlist: People, places and things I’m thankful for

To Mary & Peter homebuyer. But also to the bank that made them a loan and to the escrow company that recorded their sale. And to the agent and the search portal that helped them find a house. And to Richard Smith and the American flag pin on his lapel. And to the single-family house. And to Glenn Kelman and Robert Reffkin for spilling a tray of Big Gulp sodas all over the industry …

The Real Estate Unlist: People, places and things I’m thankful for

To Mary & Peter homebuyer. But also to the bank that made them a loan and to the escrow company that recorded their sale. And to the agent and the search portal that helped them find a house. And to Richard Smith and the American flag pin on his lapel. And to the single-family house. And to Glenn Kelman and Robert Reffkin for spilling a tray of Big Gulp sodas all over the industry …

The Inman Files: Blow up Upstream

Two years ago, Inman Connect held a panel on the Upstream Project, the budding real estate broker initiative to take back control of its home listings. After a detailed explanation by one of the founding Upstream members, I asked one of the other panelists, savvy real estate team leader Lisa Archer, what she thought of Upstream. She deadpanned, “What is it? I don’t understand. How would that help me, exactly?” …