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November 2020

T3 Insight Monthly Executive Brief

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The industry has so many stories, blogs, press releases and announcements each month that we all struggle to digest the information and distinguish between truly meaningful developments and hype or advertisement. Here are this month’s articles.

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November 2020
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SPACs emerge as latest innovation that could reshape real estate

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November 2020
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Is it time to separate ‘church’ and ‘state’ in organized real estate?

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November 2020
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How to ensure a successful tech implementation

Many factors go into purchasing technology that will help companies grow and achieve their business goals. However, many brokerages and agents overlook proper implementation planning as a part of their tech-buying process. This article outlines how to incorporate processes to make the overall technology purchase and adoption process successful.
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In addition to the three deep-dive articles above, T3 Sixty has, in addition, identified a collection of noteworthy articles from various news sources. Here are those honorable mentions.

NAR unveils discrimination simulation training

  • Article available on Realtor Magazine
This is one of the first announcements by NAR as part of its commitment to improve diversity in the residential real estate brokerage industry. More expected in the not-too-distant future.
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Zillow posts highest net profit since 2011 in Q3

  • Article available on Zillow Group
The hot third quarter in real estate helped buoy Zillow’s performance, as did a slow ramp-up of its cash-intensive iBuying program Zillow Offers.
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Realogy posts big Q3

  • Article available on Realogy
Aided by a strong performance in its ancillary business, as well as a blazing hot third quarter across the board in real estate, Realogy’s restructuring efforts seem to be paying off. See the detailed Realogy analysis in the “2021 Swanepoel Trends Report” out December 7. Order a copy here.
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The Agency expands to DC

  • Article available on Inman
A strong real estate market fuels opportunities for all brokerages with strong leadership and an appetite for growth. We expect to see more expansion and consolidation efforts in the months and year to come.
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CoreLogic loses 2 suitors but still for sale

  • Article available on Bloomberg
First American Financial spun off its technology and information division in 2010, creating CoreLogic. Listed on the New York Stock Exchange under the CLGX ticker, CoreLogic is a multibillion dollar financial, property, and consumer information, analytics, and business intelligence company. Matrix, its MLS software, is the most-used MLS platform in the U.S. with 850,000 users. With continued consolidation, class-action lawsuits and the Clear Cooperation Policy, the MLS industry itself is also undergoing a reengineering.
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