Saturday, October 04, 2014
Escalation, My Brother
Waiting in the wings is the new and improved Homesearch.com, owned by Nationstar Mortgage that was scheduled to be relaunching about now in a bid to capture a bigger piece of the pie that Zillow has been gorging on. I reckon News Corp.'s move (again, no pun intended) this week may mean a possible delay or rethinking of that relaunch. The eventual outcome is uncertain but we can be sure that the world of real estate, both online and on the street, will be far different in the very near future. The corporate barbarians are at the gate and they have dollar signs in their eyes.
Rupert, if you're reading this, southcocoabeach.com could make a nice garnish for your growing real estate portfolio. Have your people call mine or we can meet at Coconuts and talk price man to man over a frosty.
"The body always surfaces." __Steve Romano