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	<title>REALonomics &#187; Blogs and Blogging</title>
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	<description>real estate business models in the consumer-centric era</description>
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		<title>Deal or No Deal &#8211; Play America&#8217;s Game of Chance</title>
		<link>http://realonomics.net/2008/09/deal-or-no-deal-play-america%e2%80%99s-game-of-chance/</link>
		<comments>http://realonomics.net/2008/09/deal-or-no-deal-play-america%e2%80%99s-game-of-chance/#comments</comments>
		<pubDate>Thu, 25 Sep 2008 19:31:04 +0000</pubDate>
		<dc:creator>REALonomics</dc:creator>
				<category><![CDATA[Blogs and Blogging]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[Editorial]]></category>
		<category><![CDATA[Market Conditions]]></category>
		<category><![CDATA[Mortgage]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[PhotoBlog]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Polls]]></category>
		<category><![CDATA[REALonomics]]></category>
		<category><![CDATA[Satire]]></category>
		<category><![CDATA[china]]></category>
		<category><![CDATA[deal or no deal]]></category>
		<category><![CDATA[ivoteamerica.com]]></category>
		<category><![CDATA[mortgage industry]]></category>
		<category><![CDATA[vote]]></category>
		<category><![CDATA[Wall Street]]></category>

		<guid isPermaLink="false">http://realonomics.net/?p=540</guid>
		<description><![CDATA[The following PhotoBlog political post is syndicated from iVoteAmerica.com, a companion site to REALonomics, where you can vote in polls and influence others with your comments about contemporary political topics. Cast your confidential vote for President at iVoteAmerica.com. &#8212;&#8211; syndicated post from iVoteAmerica begins here &#8212;&#8211; Join the game that has taken America by surprise! [...]
Related posts:<ol>
<li><a href='http://realonomics.net/2008/09/the-federalization-of-our-financial-system-at-your-expense/' rel='bookmark' title='The Federalization of our Financial System at your Expense'>The Federalization of our Financial System at your Expense</a></li>
<li><a href='http://realonomics.net/2008/09/gekko-was-wronggreed-is-bad/' rel='bookmark' title='Gekko was Wrong&#8230;Greed is Bad'>Gekko was Wrong&#8230;Greed is Bad</a></li>
<li><a href='http://realonomics.net/2008/09/realonomics-launches-national-political-blog-network/' rel='bookmark' title='REALonomics Launches National Political Blog Network'>REALonomics Launches National Political Blog Network</a></li>
</ol>]]></description>
			<content:encoded><![CDATA[<p>The following PhotoBlog political post is syndicated from <a href="http://ivoteamerica.com" target="_blank">iVoteAmerica.com</a>, a companion site to REALonomics, where you can vote in polls and influence others with your comments about contemporary political topics.</p>
<p>Cast your confidential vote for President at <a href="http://ivoteamerica.com" target="_blank">iVoteAmerica.com</a>.</p>
<p>&#8212;&#8211; syndicated post from iVoteAmerica begins here &#8212;&#8211;</p>
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<a href="http://ivoteamerica.com/wp-content/uploads/2008/09/dealornodealgamebox4.jpg"><img src="http://ivoteamerica.com/wp-content/uploads/2008/09/dealornodealgamebox4.jpg" alt="" title="dealornodealgamebox4" width="370" height="370" class="alignleft size-full wp-image-942" style="float:left;" /></a>
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<p>
Join the game that has taken America by surprise!
</p>
<p>
Previous big winners include Wall Street, the Mortgage industry and foreign investors including China and many others. Register today, login and play!</p>
<p>
Everyone is automatically a contestant and the stakes have never been higher. Go ahead, put yourself on the line.
</p>
<p>&#8212;&#8211; syndicated post from iVoteAmerica ends here &#8212;&#8211;</p>
<p>Related posts:<ol>
<li><a href='http://realonomics.net/2008/09/the-federalization-of-our-financial-system-at-your-expense/' rel='bookmark' title='The Federalization of our Financial System at your Expense'>The Federalization of our Financial System at your Expense</a></li>
<li><a href='http://realonomics.net/2008/09/gekko-was-wronggreed-is-bad/' rel='bookmark' title='Gekko was Wrong&#8230;Greed is Bad'>Gekko was Wrong&#8230;Greed is Bad</a></li>
<li><a href='http://realonomics.net/2008/09/realonomics-launches-national-political-blog-network/' rel='bookmark' title='REALonomics Launches National Political Blog Network'>REALonomics Launches National Political Blog Network</a></li>
</ol></p>]]></content:encoded>
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		<title>REALonomics Launches National Political Blog Network</title>
		<link>http://realonomics.net/2008/09/realonomics-launches-national-political-blog-network/</link>
		<comments>http://realonomics.net/2008/09/realonomics-launches-national-political-blog-network/#comments</comments>
		<pubDate>Tue, 09 Sep 2008 17:41:58 +0000</pubDate>
		<dc:creator>REALonomics</dc:creator>
				<category><![CDATA[Blogs and Blogging]]></category>
		<category><![CDATA[Consumerism]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Polls]]></category>
		<category><![CDATA[iVA]]></category>
		<category><![CDATA[ivote]]></category>
		<category><![CDATA[ivoteamerica]]></category>
		<category><![CDATA[plog]]></category>
		<category><![CDATA[plogging]]></category>
		<category><![CDATA[polling]]></category>
		<category><![CDATA[real estate]]></category>
		<category><![CDATA[REALonomics]]></category>

		<guid isPermaLink="false">http://realonomics.net/?p=412</guid>
		<description><![CDATA[The iVoteAmerica (iVA) voter, polling and blogging network has been on my chalkboard for several years, delayed only by the call and priority of other projects. Because we wanted our faithful readers, authors and commentators to know first, REALonomics is pleased to announce that it has cooperated in spearheading the launch of the iVoteAmerica Network [...]
Related posts:<ol>
<li><a href='http://realonomics.net/2008/09/deal-or-no-deal-play-america%e2%80%99s-game-of-chance/' rel='bookmark' title='Deal or No Deal &#8211; Play America&#8217;s Game of Chance'>Deal or No Deal &#8211; Play America&#8217;s Game of Chance</a></li>
<li><a href='http://realonomics.net/2008/10/voting-influences-outcomes/' rel='bookmark' title='Voting Influences Outcomes'>Voting Influences Outcomes</a></li>
<li><a href='http://realonomics.net/2007/07/realonomics-on-cityblogusa/' rel='bookmark' title='REALonomics on CityBlogUSA'>REALonomics on CityBlogUSA</a></li>
</ol>]]></description>
			<content:encoded><![CDATA[<p><a href="http://ivoteamerica.com" target="_blank"><img src="http://realonomics.net/wp-content/uploads/2008/08/ivote_box_280.jpg" alt="" title="ivote_box_280" width="279" height="105" class="alignleft size-full wp-image-413" style="float:left;" /></a>The <a href="http://www.ivoteamerica.com" target="_blank">iVoteAmerica</a> (iVA) voter, polling and blogging network has been on my chalkboard for several years, delayed only by the call and priority of other projects.</p>
<p>Because we wanted our faithful readers, authors and commentators to know first, REALonomics is pleased to announce that it has cooperated in spearheading the launch of the <a href="http://www.ivoteamerica.com" target="_blank">iVoteAmerica</a> Network (iVA). iVA is a national polling and blogging network that includes political polling and blogging (Plogging) for all fifty States. The iVA network creates an online political blogging forum for each State allowing people to post to the left, the middle or the right of any issue.</p>
<p>As we have discovered in the last 12-24 months our industry is confronted with many challenge that have us wound up with politics and politicians.  With the recent takeover of FANNIE MAE and FREDDY MAC by the Fed, we need to reconsider our ability to influence outcomes by creating voices. The iVA Network is one way we can do that.</p>
<p>The iVA Network incorporates polling as a means of measuring participant opinions on a variety of political and social issues. At its heart iVA is a political blog or, what we call a &#8220;PLOG.&#8221;</p>
<blockquote><p>We simply are not vocal enough&#8230;we are informed, we vote, we care, but we are not vocal enough in the competitive political arenas. My vision for the iVoteAmerica Network is to simply deliver a political platform for people who vote. Who votes? People who own real estate vote, people who care about the influence politics has over us, our families, our industry and our lives. &#8211; Donald Teel, Founder</p></blockquote>
<p><span id="more-412"></span></p>
<h4>The iVoteAmerica State Networks</h4>
<p>Each State in the iVA Network is its own plog and we are licensing the iVote State Plogs to individuals or groups who want to engage in political blogging, the creation of polls and a balanced approach to allowing consumers to voice opinions.</p>
<p>&#8220;We hope that real estate industry professionals will see the connection between politics, the power of our industry and our imperative to influence outcomes.  Too often, we are letting others to create voices and control the content and we are then placed in a position of reacting to the babble.&#8221; said Donald Teel, Founder of <a href="http://www.ivoteamerica.com" target="_blank">iVoteAmerica</a>.</p>
<p>Each iVote State Network operates under its own domain name (URL), such as <a href="http://ivotecalifornia.com" target="_blank">iVoteCalifornia.com</a>, <a href="http://ivotenewyork.com" target="_blank">iVoteNewYork.com</a>, <a href="http://ivotekansas.com" target="_blank">iVoteKansas.com</a>, <a href="http://ivoteoregon.com" target="_blank">iVoteOregon.com</a>, <a href="http://ivotetexas.com" target="_blank">iVoteTexas.com</a>, etc.  The iVoteAmerica.com site is the national site that generates some of the polling content and advertising, while allowing State iVote Affiliates to operate their own State Networks independently.</p>
<h4>Getting Started with your iVoteAmerica State Network</h4>
<p>REALonomics hopes that real estate industry professionals who also have an interest in the political outcomes that shape our industry will consider involvement in the iVote State Networks.  Each iVote State Network will be delivered to a qualifying party or entity that would like to build content, opinion and influence over issues at the city, county, state and even national level.</p>
<p>Want to find out more?  Call <a href="http://www.ivoteamerica.com" target="_blank">iVoteAmerica</a> toll free at <strong>1-877-380-1000 </strong>for details or, if you prefer you may <a href="mailto:blog@ivoteamerica.com" target="_blank">submit an online request for information through email</a> or summit through the <a href="http://ivoteamerica.com/contact" target="_blank">iVoteAmerica Contact Form</a>. </p>
<div align="center">
<p><a href="http://ivoteamerica.com/" target="_blank"><img src="http://realonomics.net/wp-content/uploads/2008/09/ivote_box_475.jpg" alt="" title="ivote_box_475" width="475" height="177" class="aligncenter size-full wp-image-458" style="float:left;" /></a></p>
</div>
<p>Related posts:<ol>
<li><a href='http://realonomics.net/2008/09/deal-or-no-deal-play-america%e2%80%99s-game-of-chance/' rel='bookmark' title='Deal or No Deal &#8211; Play America&#8217;s Game of Chance'>Deal or No Deal &#8211; Play America&#8217;s Game of Chance</a></li>
<li><a href='http://realonomics.net/2008/10/voting-influences-outcomes/' rel='bookmark' title='Voting Influences Outcomes'>Voting Influences Outcomes</a></li>
<li><a href='http://realonomics.net/2007/07/realonomics-on-cityblogusa/' rel='bookmark' title='REALonomics on CityBlogUSA'>REALonomics on CityBlogUSA</a></li>
</ol></p>]]></content:encoded>
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		<title>RateSpeed: Inching Us Toward Mortgage Transparency</title>
		<link>http://realonomics.net/2008/07/ratespeed-inching-us-toward-mortgage-transparency/</link>
		<comments>http://realonomics.net/2008/07/ratespeed-inching-us-toward-mortgage-transparency/#comments</comments>
		<pubDate>Sat, 26 Jul 2008 13:55:10 +0000</pubDate>
		<dc:creator>REALonomics</dc:creator>
				<category><![CDATA[Blogs and Blogging]]></category>
		<category><![CDATA[Brokerage Models]]></category>
		<category><![CDATA[Consumerism]]></category>
		<category><![CDATA[Model Perfect]]></category>
		<category><![CDATA[Mortgage]]></category>
		<category><![CDATA[REALonomics]]></category>
		<category><![CDATA[Technology in RE]]></category>
		<category><![CDATA[Transparent RE]]></category>
		<category><![CDATA[consumer-centric]]></category>
		<category><![CDATA[jeff corbett]]></category>
		<category><![CDATA[mortgage]]></category>
		<category><![CDATA[rate speed]]></category>
		<category><![CDATA[ratespeed]]></category>
		<category><![CDATA[XBroker]]></category>

		<guid isPermaLink="false">http://realonomics.net/?p=312</guid>
		<description><![CDATA[As a real estate industry change agent, Jeff Corbett certainly ranks high on the mortgage list. His blog, The XBroker, is a quality diatribe that weaves a clear picture of the confusion and chaos that exists within the mortgage industry and its relationship with the consumer. Good change agents have an edge to them, typically [...]
Related posts:<ol>
<li><a href='http://realonomics.net/2008/07/our-genie-is-on-the-loose-fresh-out-of-wishes/' rel='bookmark' title='Our Genie is on the Loose &amp; Fresh out of Wishes'>Our Genie is on the Loose &#038; Fresh out of Wishes</a></li>
<li><a href='http://realonomics.net/2008/04/wikinomics/' rel='bookmark' title='Wikinomics'>Wikinomics</a></li>
<li><a href='http://realonomics.net/2008/08/realonomical-an-economic-mentality/' rel='bookmark' title='REALonomical: an Economic Mentality'>REALonomical: an Economic Mentality</a></li>
</ol>]]></description>
			<content:encoded><![CDATA[<p><a href='http://realonomics.net/wp-content/uploads/2008/07/jeffcorbett.jpg'><img src="http://realonomics.net/wp-content/uploads/2008/07/jeffcorbett.jpg" alt="Jeff Corbett" title="jeff corbett" width="160" height="200" class="alignleft size-full wp-image-314" /></a>As a real estate industry change agent, Jeff Corbett certainly ranks high on the mortgage list.  His blog, <a href="http://www.thexbroker.com" target="_blank">The XBroker</a>, is a quality diatribe that weaves a clear picture of the confusion and chaos that exists within the mortgage industry and its relationship with the consumer.</p>
<p>Good change agents have an edge to them, typically a sharp edge. Exceptional change agents have a sharp, well informed and analytical edge to them that will cut ones mind open so that it soaks in the message of transformational change.  Jeff is a sharp, well informed, analytical agent of change.  He is on the march against predatory lending and other kinds of mortgage lending practices that have contributed to a large degree to the current financial state of the union.</p>
<p><strong>ENTER &#8220;<em>RATESPEED</em>&#8220;</strong></p>
<p>Jeff wants transparency in all things related to mortgage.  When we spoke recently, we briefly discussed our respective efforts within the industry but digressed almost immediately to his &#8220;<a href="http://www.ratespeed.com"target="_blank">RateSpeed</a>&#8221; widget for the mortgage industry.</p>
<p><a href='http://realonomics.net/wp-content/uploads/2008/07/ratespeed_400.jpg'><img src="http://realonomics.net/wp-content/uploads/2008/07/ratespeed_400.jpg" alt="Rate Speed" title="ratespeed_400" width="475" height="176" class="aligncenter size-full wp-image-313" /></a></p>
<p>As is usually the case within our industry, disclosure is at the core of <a href="http://www.ratespeed.com"target="_blank">RateSpeed</a>.  The RateSpeed widget spews out mortgage pricing analysis and its resultant solutions are the kind of transparency that sets the consumer at ease with a sense of &#8220;complete&#8221; knowledge about the financial ramifications of a mortgage commitment.</p>
<p>Although the RE industry and its biological twin, the mortgage wing, need a dose of <a href="http://www.ratespeed.com"target="_blank">RateSpeed</a> widgetry, what we need more than widgets, good as they are, is a dose of the mentality and leadership behind the widgets.  Jeff&#8217;s widget stems from a mental image of what the mortgage industry&#8217;s business model should look like, what it can deliver to the customers in this, <a href="http://www.donaldteel.com/docs/thirdwave.pdf">our Third Economic Wave, the Consumer-Centric Era</a>.</p>
<p>To <a href="http://www.donaldteel.com/docs/realonomics_2008.pdf" target="_blank">REALonomics</a>, RateSpeed is not a widget&#8230;the widget is the expression of a kind of business model&#8230;of course, that&#8217;s what <a href="http://www.donaldteel.com/docs/realonomics_2008.pdf" target="_blank">REALonomics</a> thinks about day and night&#8230;MODELS.</p>
<p>Behind Jeff Corbett&#8217;s <a href="http://www.ratespeed.com" target="_blank">RateSpeed</a> widget is a business blueprint and behind the blueprint is a design that delivers a solution to the industry and the consumer.  <u><em>BRAVO</em></u>!</p>
<p><strong>ENTER &#8220;<em>RATESPEED RESISTANCE</em>&#8220;</strong></p>
<p><a href="http://www.donaldteel.com/docs/realonomics_2008.pdf" target="_blank">REALonomics</a> admittedly knows less about the fundamental practices of the mortgage industry than it does those of the real estate brokerage industry.  But there is an initial and fundamental response to our mutual calls for transformation and transparency&#8230;resistance.</p>
<p>Moving from corporate hierarchy models to cooperative and collaborative platforms that embrace complete disclosure will always be met with initial skeptical cynicism and resistance.  Nevertheless, the Jeff Corbett&#8217;s of this industry are to be recognized for thrusting their widgets into our faces, forcing us to think about transforming a now very sick industry into a new, vibrant and fully fluid, consumer-centric delivery model that our clients love&#8230;yes, &#8220;LOVE&#8221; is what I said.</p>
<p><a href="http://www.donaldteel.com/docs/realonomics_2008.pdf" target="_blank">REALonomics</a> applauds Jeff and all of the rest of the Jeff-like transformers who are inching us forward in our &#8220;<a href="http://www.donaldteel.com/docs/modelperfect.pdf"><em>Qwest for Model Perfect</em></a>.&#8221;</p>
<p>Try <a href="http://www.ratespeed.com" target="_blank">RateSpeed</a>.  Visit <a href="http://www.thexbroker.com" target="_blank">The XBroker</a>.</p>
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<p>Related posts:<ol>
<li><a href='http://realonomics.net/2008/07/our-genie-is-on-the-loose-fresh-out-of-wishes/' rel='bookmark' title='Our Genie is on the Loose &amp; Fresh out of Wishes'>Our Genie is on the Loose &#038; Fresh out of Wishes</a></li>
<li><a href='http://realonomics.net/2008/04/wikinomics/' rel='bookmark' title='Wikinomics'>Wikinomics</a></li>
<li><a href='http://realonomics.net/2008/08/realonomical-an-economic-mentality/' rel='bookmark' title='REALonomical: an Economic Mentality'>REALonomical: an Economic Mentality</a></li>
</ol></p>]]></content:encoded>
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		<title>Our Genie is on the Loose &amp; Fresh out of Wishes</title>
		<link>http://realonomics.net/2008/07/our-genie-is-on-the-loose-fresh-out-of-wishes/</link>
		<comments>http://realonomics.net/2008/07/our-genie-is-on-the-loose-fresh-out-of-wishes/#comments</comments>
		<pubDate>Tue, 08 Jul 2008 13:18:56 +0000</pubDate>
		<dc:creator>REALonomics</dc:creator>
				<category><![CDATA[Blogs and Blogging]]></category>
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		<category><![CDATA[Consumerism]]></category>
		<category><![CDATA[Management Principles]]></category>
		<category><![CDATA[Model Perfect]]></category>
		<category><![CDATA[REALonomics]]></category>
		<category><![CDATA[Technology in RE]]></category>
		<category><![CDATA[Transparent RE]]></category>
		<category><![CDATA[consumer]]></category>
		<category><![CDATA[genie]]></category>
		<category><![CDATA[mls]]></category>
		<category><![CDATA[net gen]]></category>
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		<guid isPermaLink="false">http://realonomics.net/?p=277</guid>
		<description><![CDATA[REALonomics understands the real estate industry, both its abstract side and its empirical dimensions. We have been inside, outside and throughout the industry for quite some time. Our vantage point has changed, enabling us to see what we heretofore could not. In the world of business development and economic analysis one&#8217;s vantage point can bring [...]
Related posts:<ol>
<li><a href='http://realonomics.net/2008/07/ratespeed-inching-us-toward-mortgage-transparency/' rel='bookmark' title='RateSpeed: Inching Us Toward Mortgage Transparency'>RateSpeed: Inching Us Toward Mortgage Transparency</a></li>
<li><a href='http://realonomics.net/2007/08/mug-shot-a-new-front-face-profile/' rel='bookmark' title='Mug Shot: A New Front Face &amp; Profile'>Mug Shot: A New Front Face &#038; Profile</a></li>
<li><a href='http://realonomics.net/2008/04/wikinomics/' rel='bookmark' title='Wikinomics'>Wikinomics</a></li>
</ol>]]></description>
			<content:encoded><![CDATA[<p><a href='http://realonomics.net/wp-content/uploads/2008/05/geniebottle.jpg'><img src="http://realonomics.net/wp-content/uploads/2008/05/geniebottle.jpg" alt="Real Estate Genie Bottle" title="geniebottle" width="249" height="211" class="alignleft size-full wp-image-278" /></a><a href="http://www.donaldteel.com/docs/realonomics_2008.pdf" target="_blank">REALonomics</a> understands the real estate industry, both its abstract side and its empirical dimensions.</p>
<p>We have been inside, outside and throughout the industry for quite some time.  Our vantage point has changed, enabling us to see what we heretofore could not. In the world of business development and economic analysis one&#8217;s vantage point can bring the kind of insight that frankly, changes one&#8217;s faulty fundamental assumptions while confirming sound precept.</p>
<p><a href="http://www.donaldteel.com/docs/realonomics_2008.pdf" target="_blank">REALonomics</a>  now realizes, without further equivocation, analysis or debate, that our industry&#8217;s real estate genie has been released from its bottle and is fresh out of wishes!</p>
<h4>Pushing the Vapor Back into the Leaky Bottle</h4>
<p>From here on out, all attempts to capture the vapor, return it to its confines and cork the RE bottle will fail.</p>
<p>The Genie that once belonged to us, obeyed us, served us and made us what we once were is loose and fresh out of wishes.</p>
<p>The bottle is tarnished. Rubbing the bottle produces nothing.  Our Genie is loose and now serving multiple masters simultaneously, none of whom, save one, the consumer, has sway over the Genie&#8217;s capacity to grant new wishes.</p>
<p>It&#8217;s impossible to bottle this kind of vapor; its seepage passes through the tiniest of spaces, spilling into the open atmosphere, moving where it wills to go.  Where does the Genie go?  It ALWAYS takes the path of least resistance, shunning confines, rejecting control and moving to open expanse where it finds its ultimate economic freedom.</p>
<p>Bottling the vapor no longer creates reliable &#8220;RE Economic Tonic&#8221; for the industry. The vapor is meant to be breathed, not bottled.</p>
<h4>RGB, NGB and NGCs</h4>
<p>Retail Generation Brokerage (RGB) used the bottle to control the Genie in vertical markets where the consumer was required to submit to the model in order to invest in real estate. Net Generation Brokerage (NGB) is the post 2000 freedom model where horizontal peer collaboration is replacing hierarchal control models.</p>
<p>The real estate industry is now the most vulnerable mainline industry to peer-to-peer models where the consumer and the Genie meet up for property inventory data exchanges and local community collaboration.  The context is different and the conversation is different.  Both the Genie (property and community information) and the consumer have reached agreement&#8230;FREEDOM Rules, open space ROCKS!</p>
<p>Vertical (retail, local style bricks and mortar) real estate brokerage models are being quickly replaced with a viral model, spread by a Genie on the loose and fresh out of wishes.</p>
<p>Two dangers to the industry and its economic models occur in this environment.  <em>First</em>, there is the danger of complacency, of not re-tooling our economic ship so that it can operate fluidly in a viral, horizontal world where profitability is defined by open, collaborative peer models facilitated by the real estate industry.</p>
<p><em>Secondly</em>, and perhaps more importantly, there are now signs of the emergence of what <a href="http://www.donaldteel.com/docs/realonomics_2008.pdf" target="_blank">REALonomics</a> calls &#8220;self brokering&#8221; whereby and wherein the consumer creates their own economic reality, ignores real estate professionals, only calling on them if they must and when they so desire for services they define for themselves.</p>
<p>The next generation of &#8220;consumer-buyers-sellers-clients&#8221; that will fuel the recovery and beyond will be Next Generation Consumer (NGCs) whose informational points of reference are alltogether dissimilar to old line retail brokerages.</p>
<h4>Great News and More Great News!</h4>
<p>Great news!  The Genie, once our beckoned servant, existing only to accomplishing our economic wishes, rather than rejecting us, invites us to follow into new the new economic space of opportunity&#8230;to collaborate, to join the viral horizontal world of the consumer with new approaches to property information management and peer-to-peer community information services.</p>
<p>More great news!  Never before has the industry and its adherents been afforded the opportunity to engage in a kind of real estate information alchemy, where our old lead bottle can be turned to a golden horizontal field of freedom for both us and our partner, the consumer. </p>
<div align ="center"<br />
---------- View Marketing Messages Below ----------
</div>
<p><br/></p>
<p><a href='http://www.cityblogusa.com' target="_blank"><img src="http://realonomics.net/wp-content/uploads/2008/04/cbusa_470_100.jpg" alt="Visit CityBlogUSA" title="cbusa_470_100" class="aligncenter size-full wp-image-266" style="float:left;" /></a><br />
</br></p>
<p><a href='http://www.realestatewiki.com' target="_blank"><img src="http://realonomics.net/wp-content/uploads/2008/04/realwiki_470_100.jpg" alt="" title="realwiki_470_100" width="470" height="100" class="aligncenter size-full wp-image-268" style="float:left;" /></a><br />
</br></p>
<p>Related posts:<ol>
<li><a href='http://realonomics.net/2008/07/ratespeed-inching-us-toward-mortgage-transparency/' rel='bookmark' title='RateSpeed: Inching Us Toward Mortgage Transparency'>RateSpeed: Inching Us Toward Mortgage Transparency</a></li>
<li><a href='http://realonomics.net/2007/08/mug-shot-a-new-front-face-profile/' rel='bookmark' title='Mug Shot: A New Front Face &amp; Profile'>Mug Shot: A New Front Face &#038; Profile</a></li>
<li><a href='http://realonomics.net/2008/04/wikinomics/' rel='bookmark' title='Wikinomics'>Wikinomics</a></li>
</ol></p>]]></content:encoded>
			<wfw:commentRss>http://realonomics.net/2008/07/our-genie-is-on-the-loose-fresh-out-of-wishes/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>Wikinomics</title>
		<link>http://realonomics.net/2008/04/wikinomics/</link>
		<comments>http://realonomics.net/2008/04/wikinomics/#comments</comments>
		<pubDate>Tue, 29 Apr 2008 17:17:38 +0000</pubDate>
		<dc:creator>Swanepoel</dc:creator>
				<category><![CDATA[Blogs and Blogging]]></category>
		<category><![CDATA[Consumerism]]></category>
		<category><![CDATA[Management Principles]]></category>
		<category><![CDATA[Model Perfect]]></category>
		<category><![CDATA[REALonomics]]></category>
		<category><![CDATA[Technology in RE]]></category>
		<category><![CDATA[Transparent RE]]></category>
		<category><![CDATA[social media]]></category>
		<category><![CDATA[social networking]]></category>
		<category><![CDATA[wikinomics]]></category>

		<guid isPermaLink="false">http://realonomics.net/?p=265</guid>
		<description><![CDATA[Wikinomics is a book by Don Tapscott and Anthony Williams. If you haven&#8217;t read it yet, do yourself a favor and get it. It is a good interesting read on how the Web is no longer about idly surfing and passively reading or watching, but how it has evolved into a new dynamic form of [...]
Related posts:<ol>
<li><a href='http://realonomics.net/2008/07/our-genie-is-on-the-loose-fresh-out-of-wishes/' rel='bookmark' title='Our Genie is on the Loose &amp; Fresh out of Wishes'>Our Genie is on the Loose &#038; Fresh out of Wishes</a></li>
<li><a href='http://realonomics.net/2008/07/ratespeed-inching-us-toward-mortgage-transparency/' rel='bookmark' title='RateSpeed: Inching Us Toward Mortgage Transparency'>RateSpeed: Inching Us Toward Mortgage Transparency</a></li>
<li><a href='http://realonomics.net/2007/07/realonomics-on-cityblogusa/' rel='bookmark' title='REALonomics on CityBlogUSA'>REALonomics on CityBlogUSA</a></li>
</ol>]]></description>
			<content:encoded><![CDATA[<p><a href='http://realonomics.net/wp-content/uploads/2008/04/wikinomics_225.jpg'><img src="http://realonomics.net/wp-content/uploads/2008/04/wikinomics_225.jpg" alt="" title="wikinomics_225" width="225" height="130" class="alignleft size-full wp-image-267" style="float:left;" /></a><em><a href="http://www.wikinomics.net" target="_blank">Wikinomics</a></em> is a book by Don Tapscott and Anthony Williams. If you haven&#8217;t read it yet, do yourself a favor and get it. It is a good interesting read on how the Web is no longer about idly surfing and passively reading or watching, but how it has evolved into a new dynamic form of community and creative expression, one of sharing, socializing, collaborating and creating communities.</p>
<p>Participation has, according to a </a><em><a href="http://www.wikinomics.net" target="_blank">Wikinomics</a></em>, reached a tipping point where new forms of mass collaboration are changing how goods and services and invented, produced, marketed, and distributed on a global basis. Now the perfect storm of technology, demographics and global economics is an unrelenting force for change and innovation. </p>
<p>They pinpoint 2006 has been the year when the programmable Web eclipse the static Web, on every level. For example:</p>
<ul>
<li> Flickr beat out webshots</li>
<li> Wikipedia beat out Britannica</li>
<li> Blogger beat out CNN</li>
<li> Epinions beat out Consumer Reports</li>
<li> Google Maps beat out MapQuest</li>
<li> MySpace beat out Friendster</li>
<li> Craigslist beat out Monster</li>
</ul>
<p></br></p>
<p>The losers were websites. The winners were communities.</p>
<p></a><em><a href="http://www.wikinomics.net" target="_blank">Wikinomics</a></em> believes that profound changes in the world of technology are giving rise to power new tools based on community and collaboration. We are a new economy Ã¢â‚¬â€œ a vast global network of connected people that swap and exchanging ideas, information and an endless list of other services. </p>
<p>And from where I stand I can see it happening to our industry as well. The real estate industry is changing and the thousands of blogs, social networks and the wikis are already laying the foundation for the new world. New business models are already being born, new paths already being charted and new leaders already being groomed.</p>
<p>Real estate over the next decade will change forever and <em>Wikinomics</em> may shed some light as to the path.</p>
<p>Below are a couple of examples of social networking in action:</p>
<p><a href='http://www.cityblogusa.com' target="_blank"><img src="http://realonomics.net/wp-content/uploads/2008/04/cbusa_470_100.jpg" alt="Visit CityBlogUSA" title="cbusa_470_100" class="aligncenter size-full wp-image-266" style="float:left;" /></a><br />
</br></p>
<p><a href='http://www.realestatewiki.com' target="_blank"><img src="http://realonomics.net/wp-content/uploads/2008/04/realwiki_470_100.jpg" alt="" title="realwiki_470_100" width="470" height="100" class="aligncenter size-full wp-image-268" style="float:left;" /></a><br />
</br></p>
<p>Related posts:<ol>
<li><a href='http://realonomics.net/2008/07/our-genie-is-on-the-loose-fresh-out-of-wishes/' rel='bookmark' title='Our Genie is on the Loose &amp; Fresh out of Wishes'>Our Genie is on the Loose &#038; Fresh out of Wishes</a></li>
<li><a href='http://realonomics.net/2008/07/ratespeed-inching-us-toward-mortgage-transparency/' rel='bookmark' title='RateSpeed: Inching Us Toward Mortgage Transparency'>RateSpeed: Inching Us Toward Mortgage Transparency</a></li>
<li><a href='http://realonomics.net/2007/07/realonomics-on-cityblogusa/' rel='bookmark' title='REALonomics on CityBlogUSA'>REALonomics on CityBlogUSA</a></li>
</ol></p>]]></content:encoded>
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		<slash:comments>3</slash:comments>
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		<title>ActiveRain vs. Move: What it Means</title>
		<link>http://realonomics.net/2008/02/activerain-vs-move-what-it-means/</link>
		<comments>http://realonomics.net/2008/02/activerain-vs-move-what-it-means/#comments</comments>
		<pubDate>Fri, 29 Feb 2008 12:52:49 +0000</pubDate>
		<dc:creator>REALonomics</dc:creator>
				<category><![CDATA[Blogs and Blogging]]></category>
		<category><![CDATA[Editorial]]></category>
		<category><![CDATA[REALonomics]]></category>

		<guid isPermaLink="false">http://realonomics.net/2008/02/activerain-vs-move-what-it-means/</guid>
		<description><![CDATA[REALonomics thinks lawsuits are good. Now that I have your attention, let&#8217;s talk. Lawsuits are good, if only because they are revelatory. They tell us something. Sometimes they tell us a lot. They give us reason to delve, analyze and ponder the intricate nature of corporate and personal motivations. More importantly, for this blog, lawsuits [...]
No related posts.]]></description>
			<content:encoded><![CDATA[<p><img style="float:left;" img src='http://realonomics.net/wp-content/uploads/2008/02/billy_collins_jr.jpg' alt='billy_collins_jr' />REALonomics thinks lawsuits are good.  Now that I have your attention, let&#8217;s talk.  Lawsuits are good, if only because they are revelatory.  They tell us something.  Sometimes they tell us a lot.  They give us reason to delve, analyze and ponder the intricate nature of corporate and personal motivations.</p>
<p>More importantly, for this blog, lawsuits within the real estate industry are to be analyzed to the end that we may extract the principals that motivate players and shape the models of tomorrow. Lawsuits, at least for REALonomics, are the judicial chess game battles between the existing controlling realms, complete with kings, queens, pawns, rooks and bishops and their emerging challengers.  We look to lawsuits for <em>new real estate model math</em>, principals that spell change, good or bad.</p>
<h4>It&#8217;s not the Suit, it&#8217;s the Resultant Outcome</h4>
<p></br></p>
<p>When it comes to lawsuits we too often focus simply on outcomes, awards, winners and losers.  It&#8217;s the knock out we look for. That&#8217;s not our intention here.  Our objective is to wonder why and how things occur within the real estate industry, an industry where we have more than once predicted the soon to arrive fist fight for control.  REALonomics predicted there would be a battle for supremacy. An industry fight without rules or referees. Our own in-house, knuckle busting, face bashing, fat lipped, bloody nose brawl to the death.</p>
<p>Round one has just ended&#8230;the fight has just begun. The feeling-out phase between the fighters will take a few rounds.  Depositions, is what we call this phase of the fist-fight. </p>
<h4>Industry Lawsuits are Always about us</h4>
<p></br></p>
<p>ActiveRain (challenger) has filed suit against Move (champion).  Who is ActiveRain and who is Move?  The former is a company that created a blogging business model that has become the most single successful congregation of real estate industry bloggers, hands down.</p>
<p>The latter is, well, sort of us.  Yes, you read correctly&#8230;us.  We are suing ActiveRain, passively.  Behind Move, defendant, is Realtor.com and thus the real estate industry&#8217;s member organization known as The National Association of Realtors (NAR).  Move is paid by NAR.  NAR is paid by, you got it&#8230;US!</p>
<p>It&#8217;s ActiveRain vs. Us if only from the dotted line perspective of our involvement with and membership in NAR to whom we pay dues.  Move is no doubt free to conduct its business in ways it deems important.  But remember, we are writing the check.</p>
<h4>Our Own Speculation</h4>
<p></br></p>
<p>Here&#8217;s what we &#8220;SPECULATE&#8221; happened, what predicated the suit and what the outcome might mean to the industry.</p>
<p><strong><u>Phase One</u></strong>: ActiveRain&#8217;s membership of more than 70,000 real estate industry participants (agent, brokers, mortgage, title, etc.) finally showed up on the radar screen of Move.  This created internal discussion, some distress and generated a plan on the part of Move to put the moves (pun intended) on ActiveRain by initiating a discussion to purchase them.  Move is a publically traded company with a contract with NAR to operate Realtor.com, its official site.  REALonomics &#8220;speculates&#8221; that Move would have been required to disclose their intent to acquire ActiveRain to NAR, since it represents potential ramifications to the operation of Realtor.com.</p>
<p><strong><u>Phase Two</u></strong>: Documents known as non-disclosure agreements (NDAs) are passed between the parties and executed.  NDA supposedly allow a free-flowing exchange of information the content of which is supposed to be protected from use by all parties with distribution of information to others prohibited.</p>
<p><strong><u>Phase Three</u></strong>: A Letter of Intent (LOI) may have been executed at some point, allowing for the stipulation of price, terms, conditions and due diligence on the part of the buyer.  It&#8217;s unlikely that the parties went straight to contract.</p>
<p><strong><u>Phase Four</u></strong>: This is where things start getting sticky.  ActiveRain made certain disclosures to Move pertaining to its business model, financials and other matters relevant to the buy out. Most likely, ActiveRain believed these disclosures to be protected by the NDA and indeed law.</p>
<p><strong><u>Phase Five</u></strong>: Move has full possession of ActiveRain&#8217;s model, financials and collateral materials necessary for a contracted purchase.  All that is missing is the code, the grail, the keys that will start the engine.  At this point the parties have two differing opinions. Move&#8217;s opinion, as they will predictably claim, is that we didn&#8217;t have a binding contract&#8230;it was all due diligence.  ActiveRain&#8217;s sense was that the deal was going to go down. We do not know if a formal written contract to purchase was executed.</p>
<p><strong><u>Phase Six</u></strong>: ActiveRain makes its final disclosure.  Giving Move full access to what it terms in the suit &#8220;highly sensitive material&#8230;in electronic format&#8230;in anticipation of the supposed impending close.&#8221;  So, Active Rain claims that it believed the deal was ready to close and they delivered the goods within the timeframe for the closing date.</p>
<h4>The Core</h4>
<p></br></p>
<p>In short, this suit is about Move getting the goods and ActiveRain getting nothing.  That&#8217;s the core of the suit.</p>
<p>REALonomics &#8220;speculates&#8221; that ActiveRain&#8217;s senior management may have been somewhat inexperienced in the fine art of NDAs as cleverly disguised instruments of corporate surveillance.  We further predict that there will be what we term &#8220;weasel clauses&#8221; in the written documents used by Move.</p>
<p>Furthermore, REALonomics &#8220;speculates&#8221; that it is not entirely implausible that ActiveRain&#8217;s model posed a threat to the interests of Move and its operation of Realtor.com, including its future intentions to create social networking.  After all, 70,000 ActiveRain members can&#8217;t all be wrong.</p>
<p>Our final &#8220;speculation&#8221; is that this fist fight represents the collision of new with old.  ActiveRain&#8217;s model is successful, if for no other reason than the sheer numbers of participants.  ActiveRain represents the neo-models that are emerging within the industry.  ActiveRain represents the push toward freedom models, open markets, transparency, consumer-centric thinking, unfettered dialogue and what we have termed the &#8220;democratization of real estate.&#8221;</p>
<h4>Could this be Corporate Shenanigans?</h4>
<p></br></p>
<p>Did Move engage ActiveRain with a designed intention to surveil them? REALonomics doesn&#8217;t know. Did ActiveRain, like so many young, successful start-ups, recklessly release its &#8220;sensitive information&#8221; with a degree of naivety prior to locking-down the transaction?  Again, REALonomics doesn&#8217;t know.</p>
<p>What we do know is that the forces of new and old are engaged in a fight to the finish. The financial stakes are enormous.  Are those of us who are industry participants (members of NAR and our local ARs) in any way funding this judicial nonsense?  REALonomics doesn&#8217;t know.</p>
<p><a href="http://www.donaldteel.com/docs/realonomics.pdf" target ="_blank">REALonomics</a> thinks lawsuits are good because they are revelatory.  They tell us something.  Sometimes they tell us a lot.  They give us reason to delve, analyze and ponder the intricate nature of corporate and personal motivations.  They may well tell us where we are going in the future.  Behind lawsuits there are things to be discovered that have nothing to do with the lawsuit itself and everything to do with the rest of us.</p>
<p>We encourage our readers to follow this suit, set for trial on December 2, 2008.</p>
<p>No related posts.</p>]]></content:encoded>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>www.Blaaaaaaaahhhhhhhg.com</title>
		<link>http://realonomics.net/2007/07/wwwblaaaaaaaahhhhhhhgcom/</link>
		<comments>http://realonomics.net/2007/07/wwwblaaaaaaaahhhhhhhgcom/#comments</comments>
		<pubDate>Tue, 24 Jul 2007 13:51:52 +0000</pubDate>
		<dc:creator>REALonomics</dc:creator>
				<category><![CDATA[Blogs and Blogging]]></category>
		<category><![CDATA[Brokerage Models]]></category>
		<category><![CDATA[Consumerism]]></category>
		<category><![CDATA[Transparent RE]]></category>

		<guid isPermaLink="false">http://realonomics.net/2007/07/wwwblaaaaaaaahhhhhhhgcom/</guid>
		<description><![CDATA[Next to email, blogging is the fastest growing Internet communication model and it is ramping up by astronomical leaps and bounds. Growth, for now, is cult-like and unabated. REALonomics is a late blogging bloomer, having been planted in the potting soil of the blogosphere a scant few months back. We need much more business model [...]
No related posts.]]></description>
			<content:encoded><![CDATA[<p><img src='http://realonomics.net/wp-content/uploads/2007/07/blawgs.gif' alt='blawgs' />Next to email, blogging is the fastest growing Internet communication model and it is ramping up by astronomical leaps and bounds.  Growth, for now, is cult-like and unabated.</p>
<p><a href="http://www.donaldteel.com/docs/realonomics.pdf" target ="_blank">REALonomics</a> is a late blogging bloomer, having been planted in the potting soil of the blogosphere a scant few months back.  We need much more business model dialogue about how the concept of blogging fits into our industry.  As of this post, both feet are not down yet.  The other shoe needs to drop, so to speak, for blogging to become a useful piece of the real estate industry&#8217;s economic model.  Without any intention of insult, allow me to say that for now, we are all first generation &#8220;Blahgers&#8221; with room for growth.</p>
<p>We are BLAHG 1.0 by any standard, present company at the forefront of this categorization.  Turning the current Blahg-o-Sphere&#8221; into a truly &#8220;common place&#8221; component within our real estate models is going to be a tall order.</p>
<h4>State of the BLAHG</h4>
<p>Real estate BLAHGS will not be true economic contributors to our bottom line ROI until a set of fundamental shifts occur. These shifts are academic to change and essential to the open adoption of new models.</p>
<p>The State of the BLAHG within our industry is mostly self-serving.  We all write, we all write for each other, at each other and about each other.  This is BLAHG 1.0 because the economics won&#8217;t develop until the consumer is on board.  Getting the consumer to board the train is a tall order because the value proposition that causes them to purchase a ticket is not yet clearly defined.  We are still playing at this.  This is BLAHG 1.0 because it is about us&#8230;only a few of us&#8230;and it can&#8217;t be about us&#8230; or just us and have any chance of truly working for the consumer!</p>
<h4>Integration of the BLAHG</h4>
<p>Our industry will need to dismantle part of its infrastructure and reassemble it from the ground up.  Mostly, we need to examine the manner in which we connect sellers with buyers, consumers with our organization and how we integrate property offerings into multiple consumer-centric conversations.</p>
<p>It&#8217;s still about property.  Real estate transactions remain unchanged at their nucleus.  It&#8217;s still about a buyer.  It&#8217;s still about a seller.  It&#8217;s still about the money that makes transactions work.  The modus, however, by which we bring the transaction components together in transparent environments is the next important step in the integration of the BLAHG into our business models.</p>
<p>Broker/owners need to lead the charge by learning about BLAWGs, by BLAWGing and by plunging themselves over the cliff into the BLAWGing abyss which is a new sea of opportunity.</p>
<h4>Consumer Adoption of the BLAHG</h4>
<p>An insurance professional made this profound statement to me a few days ago, &#8220;I don&#8217;t understand blogging, how it works and why it is important but it seems reasonable that we should do it and scary at the same time.&#8221;  We had a conversation that evolved around how his company and the consumers doing business with it could benefit by BLAHGing with his organization.  He remained frightened and unconvinced until I mentioned that BLAHGing could be a means for clients to become partners with him and a kind of sales force in the organization&#8230;this got his attention.</p>
<p>Before we can release BLAHG 2.0, the industry will need to first convince ourselves that the consumer is an extension of our enterprise, a true partner.  Broker/Owners continue to exhibit a great deal of anxiety over BLAWGing.  Let me just say it and get it out of the way; this psychosis is &#8220;RESTLESS BLAWG SYNDROME&#8221; (RBS). But it is a real mental impairment for the industry.  Transparency is the nature of the BLAWG, its heart and soul. Transparency, to date, has not yet become the nature of the real estate industry.  We are conflicted over this notion.</p>
<p>Consumer adoption of the BLAWG in our real estate models and in the open arena of commerce and conversation is going to prove a bit illusive for a while.  In order to fulfil the BLAWG integration we need to accomplish the following:</p>
<ul>
<li>Convert ourselves to belief in BLAWGing; dispensing with fear;</li>
<li>Discover the path to integration within our current models;</li>
<li>Build BLAWGs that quadrangulate sellers, buyers, property and money with Brokerage in the wings;</li>
<li>Integrate powerful consumer-centric blogging platforms into our marketing game plan;</li>
<li>Provide BLAWGing opportunities at every level of the relocation blueprint;</li>
</ul>
<p><br/><br />
We are in the midst of BLAWG 1.0, transitioning to BLAWG 2.0.  Within a very short period of time we can enter BLOG 3.0, leaving behind the experimental era.  Until we reach the BLOG, we must BLAWG.</p>
<p>No related posts.</p>]]></content:encoded>
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		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>REALonomics on CityBlogUSA</title>
		<link>http://realonomics.net/2007/07/realonomics-on-cityblogusa/</link>
		<comments>http://realonomics.net/2007/07/realonomics-on-cityblogusa/#comments</comments>
		<pubDate>Wed, 11 Jul 2007 10:18:51 +0000</pubDate>
		<dc:creator>REALonomics</dc:creator>
				<category><![CDATA[Blogs and Blogging]]></category>
		<category><![CDATA[Brokerage Models]]></category>
		<category><![CDATA[Consumerism]]></category>
		<category><![CDATA[Technology in RE]]></category>
		<category><![CDATA[Transparent RE]]></category>

		<guid isPermaLink="false">http://realonomics.net/2007/07/realonomics-on-cityblogusa/</guid>
		<description><![CDATA[Part 3 &#8211; CityBlogUSA This post is the third installment of a three-part series with Donald Teel, the Founder of e-Partner, and it addresses blogging in general and the CityBlogUSA Network specifically; its mission, model and functionality. In addition, this post looks at the place of blogging in real estate business model paradigms in a [...]
Related posts:<ol>
<li><a href='http://realonomics.net/2007/06/cityblogusa-plugs-into-e-partner/' rel='bookmark' title='CityBlogUSA Plugs into e-Partner'>CityBlogUSA Plugs into e-Partner</a></li>
<li><a href='http://realonomics.net/2007/06/cityblogusa-empowers-residents/' rel='bookmark' title='CityBlogUSA Empowers Residents'>CityBlogUSA Empowers Residents</a></li>
<li><a href='http://realonomics.net/2008/09/realonomics-launches-national-political-blog-network/' rel='bookmark' title='REALonomics Launches National Political Blog Network'>REALonomics Launches National Political Blog Network</a></li>
</ol>]]></description>
			<content:encoded><![CDATA[<p><img src='http://realonomics.net/wp-content/uploads/2007/06/dst3_bw.jpg' alt='founder' /><br />
<h3>Part 3 &#8211; CityBlogUSA</h3>
<p>This post is the third installment of a three-part series with Donald Teel, the Founder of <a href="http://www.epartnerusa.com" target="_blank">e-Partner</a>, and it addresses blogging in general and the <a href="http://cityblogusa.com" target="_blank">CityBlogUSA Network</a> specifically; its mission, model and functionality.  In addition, this post looks at the place of blogging in real estate business model paradigms in a consumer-centric industry.</p>
<p><strong><u>REALONOMICS</u></strong>: <a href="http://cityblogusa.com" target="_blank">CityBlogUSA</a> is a pretty stout venture, what&#8217;s the nutshell on this thing?<br />
<strong><u>CITYBLOGUSA</u></strong>: The <a href="http://www.epartnerusa.com" target="_blank">e-Partner</a> team took a look at the blogging phenomena during the first few months of 2006 and made some important discoveries about blogs and blogging that we thought might guide us into that universe.  We decided there were reasons it was a space we could not ignore.</p>
<p><strong><u>REALONOMICS</u></strong>: What were the discoveries your team made and what were the compelling reasons to jump into the blogging ocean?<br />
<strong><u>CITYBLOGUSA</u></strong>: &#8220;Ocean&#8221; is a good word to describe blogging and it was one of the discoveries; the sheer enormity of blogging as a social medium for interaction and idea pooling is profound.  We also discovered that a lot of people were writing, only a few were reading and even less are commenting, leading us to conclude that we were still in the infancy stage of blogging as a means to new business models.  We discovered that only a very small slice of blogs had what I would call &#8220;meat and potatoes&#8221; content&#8230;real view points, cutting edge thinking&#8230;and they ranged from the cute boutique blog to high-powered political blogs.</p>
<p>But far and away the largest discovery was that blogging isn&#8217;t really being used as effectively as it can be within the real estate industry to create peer-to-peer relationships and business models that can help owners of real estate companies.  Owners don&#8217;t know much about blogging and are generally confounded by it.  Finally, we discovered that only about 10% of all owners had a grasp of what blogging is; they asked us, point blank, &#8220;What is blogging?&#8221;  While many are saying blogging is peaking, I&#8217;m saying, for the industry we have no clue yet what it can mean to us in terms of consumer loyalty.</p>
<p>Our reasons for creating the <a href="http://cityblogusa.com" target="_blank">CityBlogUSA Network</a>, however, were more than fanciful and had to do with our business belief about consumer-centricity within the real estate brokerage business and the fact that real estate companies should utilize blogging as a part of their business development strategies.  We work from the premise that anything good for the consumer is good for the broker/owner&#8230;literally, everything, and this belief can ultimately create higher profits for owners.  Having been one, I can say, owners are generally skeptical people and tend to be a little intimidated by consumer demands.  Blogging allows us remove the sense of nervousness about opening up the operation to consumer scrutiny.</p>
<p><strong><u>REALONOMICS</u></strong>: Tell us about the consumer side of the <a href="http://cityblogusa.com" target="_blank">CityBlogUSA Network</a>.<br />
<strong><u>CITYBLOGUSA</u></strong>: We decided to take a risk and empower the consumer to do what the consumer is already doing or, in fact, wants to do&#8230;communicate with others about real estate, thus the marketing tag &#8220;Ask the people who live there.&#8221;  Our first premise, which is the premise of blogging as a social media, was residents know more about living in a city than others do and should be afforded the opportunity to post information about not only real estate but any other topic they want to discuss, from acupuncture to zoology.</p>
<p>We believe the democratization of real estate is evolving at a quickening pace.  Peers want to dialogue with peers.  Consumers trust other consumers.  We need to acknowledge this and create the business models that match this truth, rather than resist the change.</p>
<p>From the business side of the <a href="http://cityblogusa.com" target="_blank">CityBlogUSA Network</a> we asked ourselves a penetrating question, &#8220;why aren&#8217;t owners providing community-based blogging within the markets for residents who have a story to tell and consumers who want to relocate, need to sell where they live and buy real estate in a different city?</p>
<p><strong><u>REALONOMICS</u></strong>:  What were the reasons owners weren&#8217;t providing such a medium for their markets?<br />
<strong><u>CITYBLOGUSA</u></strong>: Lack of knowledge, understanding, initiative, technology enablement and a dash of fear.  Like I said, broker/owners, too many of us, didn&#8217;t even know what a blog was!  Owners didn&#8217;t have the time or the technology savvy to create blogs, manage them and make them work.</p>
<p>When we started to tell owners we were going to empower residents in their markets to talk about their &#8220;favorite city and home town&#8221; via a social networking medium the top immediate question was, &#8220;who is going to police what they say?&#8221;  Which is like saying, &#8220;we exist for our clients but we really don&#8217;t want total transparency and unfettered communication because we might not like what they say.&#8221;</p>
<p><strong><u>REALONOMICS</u></strong>:  Where is the <a href="http://cityblogusa.com" target="_blank">CityBlogUSA Network</a> now in terms of development.<br />
<strong><u>CITYBLOGUSA</u></strong>:  Square one&#8230;and, it&#8217;s a round BETA hole and our sledge hammer is pretty beat up.  On a scale of 1 to 10, we are .0023418!  Seriously, we took the <em>WordPress Multi-User</em> platform and had to do some pretty strenuous code enhancements to make it work in every State and City in the United States and within the entire e-Partner Community-Based Network. Every developer who does this will attest to the concept of &#8220;Protracted BETA&#8221; or, the work is never done.  Right now the <a href="http://cityblogusa.com" target="_blank">CityBlogUSA Network</a> is up, running, being blogged, agents are joining, owners are joining and we are at about week four.  The truly motivated are jumping on board because we are offering some degree of exclusivity to owners who want to be in the middle of this and the agents who want to position themselves.  We are just scratching the surface and moving very deliberately toward solutions, avoiding jumping on every bandwagon that hits the Internet weekly.</p>
<p>We have no illusions about resident/consumer blogging.  Despite the growth of blogs, the vast majority of consumers are still not fully literate about the blogosphere and how it can empower them&#8230;but, they are learning quickly, which is why the real estate industry needs to be at the forefront of the creativity and implementation curve, not behind the eight ball. </p>
<p><strong><u>REALONOMICS</u></strong>:  Where does the real estate industry fit into the <a href="http://cityblogusa.com" target="_blank">CityBlogUSA Network</a>?<br />
<strong><u>CITYBLOGUSA</u></strong>:  First and foremost, all that we do at e-Partner involves the industry with a primary focus on broker/owners and the consumer.  We start there.  However, we are not creating the blogging network so that it can feature real estate practitioners as its centerpiece; that would be counter-productive to the consumer-centric models we believe in and where the industry is going.</p>
<p>The <a href="http://cityblogusa.com" target="_blank">CityBlogUSA Network</a> is consumer and resident focused with broker/owners and agents in more of a supportive role, i.e., we are here, you can find us, blog with us, ask us questions, use our knowledge and invite us into your world if you choose to do so.</p>
<p>In this sense we are not like <a href="http://www.activerain.com" target=_"blank">ActiveRain</a>, which is far-and-away the industry leader for promoting agents and ancillary service providers at the front end of their solution.  We don&#8217;t have a &#8220;come one, come all&#8221; element.  In fact, we have a &#8220;first come, first served&#8221; model for agents.  We are actually creating limited exclusivity for agents at the community blogging level.  If you visit our <a href="http://myrtlebeach.southcarolinablogpage.com/" target ="_blank">Myrtle Beach blog</a>, you will see agents from Century 21, independent firms and Coldwell Banker, while the South Carolina Blogging Network is used as a tool of another brokerage firm.  I honestly believe the blending of the industry is the wave of the future and it isn&#8217;t a new phenomenon.  <a href="http://zillow.com" target ="_blank">Zillow</a>, <a href="http://trulia.com" target ="_blank">Trulia</a>, <a href="http://activerain.com" target ="_blank">ActiveRain</a>, <a href="http://cityblogusa.com" target ="_blank">CityBlogUSA</a> and others are doing it.  In our traditional circles, we have resisted it to a large degree with the exception of <a href="http://www.realtor.com" target ="_blank">Realtor.com</a>, where all firms, brands and agents get to play.</p>
<p>What&#8217;s different about the <a href="http://cityblogusa.com" target="_blank">CityBlogUSA Network</a> is the consumer-centricity and resident focus.  It will take us a while to get where we need to go, so we are in it for the long haul.</p>
<p><strong><u>REALONOMICS</u></strong>:  How do people get involved in the blogging network?<br />
<strong><u>CITYBLOGUSA</u></strong>:  Easy, they go to <a href="http://cityblogusa.com">www.CityBlogUSA.com</a>, pick a State and a City and hop into authoring, commenting and suggesting ideas to their hearts content.  They can upload photos of their community through the PhotoBlogUSA component as well.  If they are serious about exposure they can spend some money to promote themselves to consumers and residents by engaging in highly target ads.</p>
<p>If a user wants to hop directly into their State, they can simple dial in their browser to such locations as <a href="http://CaliforniaBlogPage.com" target="_blank">CaliforniaBlogPage.com</a>, <a href="http://alabamablogpage.com" target ="_blank">AlabamaBlogPage.com</a>, <a href="http://maineblogpage.com" target="_blank">MaineBlogPage.com</a>, etc.  Just hammer the state name into the address bar and follow it with <em>BlogPage.com</em>.</p>
<p>Related posts:<ol>
<li><a href='http://realonomics.net/2007/06/cityblogusa-plugs-into-e-partner/' rel='bookmark' title='CityBlogUSA Plugs into e-Partner'>CityBlogUSA Plugs into e-Partner</a></li>
<li><a href='http://realonomics.net/2007/06/cityblogusa-empowers-residents/' rel='bookmark' title='CityBlogUSA Empowers Residents'>CityBlogUSA Empowers Residents</a></li>
<li><a href='http://realonomics.net/2008/09/realonomics-launches-national-political-blog-network/' rel='bookmark' title='REALonomics Launches National Political Blog Network'>REALonomics Launches National Political Blog Network</a></li>
</ol></p>]]></content:encoded>
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		<title>CityBlogUSA Plugs into e-Partner</title>
		<link>http://realonomics.net/2007/06/cityblogusa-plugs-into-e-partner/</link>
		<comments>http://realonomics.net/2007/06/cityblogusa-plugs-into-e-partner/#comments</comments>
		<pubDate>Sat, 09 Jun 2007 19:16:43 +0000</pubDate>
		<dc:creator>REALonomics</dc:creator>
				<category><![CDATA[Blogs and Blogging]]></category>
		<category><![CDATA[Brokerage Models]]></category>
		<category><![CDATA[REALonomics]]></category>
		<category><![CDATA[Technology in RE]]></category>
		<category><![CDATA[Transparent RE]]></category>

		<guid isPermaLink="false">http://realonomics.net/2007/06/cityblogusa-plugs-into-e-partner/</guid>
		<description><![CDATA[The national resident blogging network known as CityBlogUSA has struck a deal with its national counterpart e-Partner and will be plugged into its nearly 30,000 city network. This relationship creates a national tie-in to the vast community-based relocation network known as e-Partner and will include resident blogging, aggregations up and down the e-Partner Network from [...]
Related posts:<ol>
<li><a href='http://realonomics.net/2007/07/realonomics-on-cityblogusa/' rel='bookmark' title='REALonomics on CityBlogUSA'>REALonomics on CityBlogUSA</a></li>
<li><a href='http://realonomics.net/2007/06/cityblogusa-empowers-residents/' rel='bookmark' title='CityBlogUSA Empowers Residents'>CityBlogUSA Empowers Residents</a></li>
<li><a href='http://realonomics.net/2008/07/our-genie-is-on-the-loose-fresh-out-of-wishes/' rel='bookmark' title='Our Genie is on the Loose &amp; Fresh out of Wishes'>Our Genie is on the Loose &#038; Fresh out of Wishes</a></li>
</ol>]]></description>
			<content:encoded><![CDATA[<p><img src='http://realonomics.net/wp-content/uploads/2007/06/communityblogging.jpg' alt='community_based_blogging' />The national resident blogging network known as <a href="http://cityblogusa.com" target ="_blank">CityBlogUSA</a> has struck a deal with its national counterpart <a href="http://epartnerusa.com" target ="_blank">e-Partner </a>and will be plugged into its nearly 30,000 city network.</p>
<p>This relationship creates a national tie-in to the vast community-based relocation network known as <a href="http://epartnerusa.com" target ="_blank">e-Partner </a>and will include resident blogging, aggregations up and down the e-Partner Network from <a href="http://unitedstateswebpage.com" target ="_blank">United States WebPage</a> to the largest and smallest communities in all 50 States.</p>
<p>ePartner USA, Inc. developed one of the largest privately operated national networks several years ago and began delivering it to existing Broker/Owners in 2006.  The <a href="http://cityblogusa.com" target ="_blank">CityBlogUSA</a> Network is its second level strategy for the development of e-Partner&#8217;s transparent real estate platform that empowers residents and consumers to blog about their favorite cities or home town by posting information in categories known as a <em>Park Bench</em>.</p>
<p>Most importantly, the model positions Broker/Owner in the middle of the communication channels in both the e-Partner community-based network and the <a href="http://cityblogusa.com" target ="_blank">CityBlogUSA</a> blogging platform.</p>
<h4>We&#8217;re the Talk of the Town!</h4>
<p></br></p>
<p>The blogs recently recognized the <a href="http://cityblogusa.com" target ="_blank">CityBlogUSA</a> strategy as unique in its incorporation of each State blogging Network under a common URL nomenclature, such as <a href="http://arizonablogpage.com" target ="_blank">ArizonaBlogPage</a>, <a href="http://floridablogpage.com" target ="_blank">FloridaBlogPage</a>, <a href="http://nebraskablogpage.com" target ="_blank">NebraskaBlogPage</a>, etc.  Each community in all 50 States is cross-hatched into the State Blog Page and with the National site <a href="http://cityblogusa.com" target ="_blank">www.CityBlogUSA.com</a>.</p>
<p><a href="http://cityblogusa.com" target ="_blank">www.CityBlogUSA.com</a> affords any consumer the opportunity to post information about any local topic of interest to others within uniquely defined State and community-centric blogging networks.</p>
<p>In fact, <a href="http://cityblogusa.com" target ="_blank">www.CityBlogUSA.com</a> has gone a step further, offering its users the opportunity to blog with words, using images to tell the story about life in a city.  Known as <em>PhotoBlogUSA</em>, users can upload images that tell pictorial stories about a community.</p>
<h4>Community-Based Blogging for Everyone!</h4>
<p></br></p>
<p>The entire blogging platform operates under the premise espoused by <a href="http://www.donaldteel.com/docs/realonomics.pdf" target ="_blank">REALonomics</a>; that we have entered a new real estate economy that will become increasingly dominated by consumer-centric models.  Again, <a href="http://epartnerusa.com" target ="_blank">e-Partner </a>and <a href="http://cityblogusa.com" target ="_blank">CityBlogUSA</a> are positioning Brokerage firms for involvement in the stream of communications that will inevitably result from a network that provides <u>community-based blogging for everyone</u>.</p>
<h4>Ask the People who Live There!</h4>
<p></br></p>
<p><a href="http://www.donaldteel.com/docs/realonomics.pdf" target ="_blank">REALonomics</a> contends that consumers have deviated to some degree from utilizing real estate professionals as a first point of contact for community information when contemplating relocation and real estate investment,  opting rather to &#8220;go-it-alone&#8221; in the cyber world and now in the vast corners of the blogosphere.</p>
<p>Consumers, according to everything analyzed by <a href="http://www.donaldteel.com/docs/realonomics.pdf" target ="_blank">REALonomics</a>, will still need and prefer the services of the millions of real estate professionals and that&#8217;s where <a href="http://epartnerusa.com" target ="_blank">e-Partner </a> is positioning itself and Broker/Owners.</p>
<p>But when it comes to information about communities, <a href="http://cityblogusa.com" target ="_blank">CityBlogUSA</a> encourages consumer to simply &#8220;<em>Ask the People who Live There</em>&#8221; for information about their favorite cities or home town.  After all, who would know more?</p>
<p>The watershed between blogging in general and the CityBlogUSA and e-Partner Network marriage is the dedication on both parts to the empowerment of owners to reinvent how they interact with consumers and to providing owners with the ability to manage the transformation taking place within the real estate industry.</p>
<p>Related posts:<ol>
<li><a href='http://realonomics.net/2007/07/realonomics-on-cityblogusa/' rel='bookmark' title='REALonomics on CityBlogUSA'>REALonomics on CityBlogUSA</a></li>
<li><a href='http://realonomics.net/2007/06/cityblogusa-empowers-residents/' rel='bookmark' title='CityBlogUSA Empowers Residents'>CityBlogUSA Empowers Residents</a></li>
<li><a href='http://realonomics.net/2008/07/our-genie-is-on-the-loose-fresh-out-of-wishes/' rel='bookmark' title='Our Genie is on the Loose &amp; Fresh out of Wishes'>Our Genie is on the Loose &#038; Fresh out of Wishes</a></li>
</ol></p>]]></content:encoded>
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		<title>CityBlogUSA Empowers Residents</title>
		<link>http://realonomics.net/2007/06/cityblogusa-empowers-residents/</link>
		<comments>http://realonomics.net/2007/06/cityblogusa-empowers-residents/#comments</comments>
		<pubDate>Fri, 01 Jun 2007 08:52:11 +0000</pubDate>
		<dc:creator>REALonomics</dc:creator>
				<category><![CDATA[Blogs and Blogging]]></category>
		<category><![CDATA[Consumerism]]></category>
		<category><![CDATA[Technology in RE]]></category>
		<category><![CDATA[Transparent RE]]></category>

		<guid isPermaLink="false">http://realonomics.net/2007/06/cityblogusa-empowers-residents/</guid>
		<description><![CDATA[It was bound to happen. Consumers have now been empowered with their own community-based blogging network in every State and city in the USA. Local residents and those contemplating relocation can exchange information via posting. In the past, when a person or family decided from Sacramento to Sarasota, most of the information about their destination [...]
Related posts:<ol>
<li><a href='http://realonomics.net/2007/06/cityblogusa-plugs-into-e-partner/' rel='bookmark' title='CityBlogUSA Plugs into e-Partner'>CityBlogUSA Plugs into e-Partner</a></li>
<li><a href='http://realonomics.net/2007/07/realonomics-on-cityblogusa/' rel='bookmark' title='REALonomics on CityBlogUSA'>REALonomics on CityBlogUSA</a></li>
<li><a href='http://realonomics.net/2008/04/wikinomics/' rel='bookmark' title='Wikinomics'>Wikinomics</a></li>
</ol>]]></description>
			<content:encoded><![CDATA[<p><a href='http://www.cityblogusa.com' target ="_blank" title='cityblog150'><img src='http://realonomics.net/wp-content/uploads/2007/05/cityblogusa.gif' alt='cityblog150' /></a>It was bound to happen.  Consumers have now been empowered with their own community-based blogging network in every State and city in the USA.</p>
<p>Local residents and those contemplating relocation can exchange information via posting. In the past, when a person or family decided from <a href="http://sacramento.californiablogpage.com" target ="_blank">Sacramento</a> to <a href="http://sarasota.floridablogpage.com" target ="_blank">Sarasota</a>, most of the information about their destination city came from real estate agents, local newspapers and the local Chamber of Commerce.</p>
<p><a href="http://www.cityblogusa.com" target ="_blank">CityBlogUSA</a> enables residents to post the qualities that make their community unique and for others to comment about the good, the bad and perhaps the ugly.  After all, who knows more about a city than the people who live there?</p>
<h4>Suggest a &#8220;Park Bench&#8221; for you City</h4>
<p></br></p>
<p><img src='http://realonomics.net/wp-content/uploads/2007/05/cbparkbench.jpg' alt='park bench' />The <a href="http://www.cityblogusa.com" target ="_blank">CityBlogUSA Network</a> is a national, state and local city blogging network that allows residents to suggest topics known as a &#8220;Park Bench&#8221; such as jobs, health care, real estate, schools, lifestyles, politics and more.  The blog topics can be unique to a city, allowing the residents and others to talk about local issues in a city-specific manner.</p>
<p><a href="http://www.cityblogusa.com" target ="_blank">CityBlogUSA</a> is all about the creation of a personality profile of a particular city coming into focus over time.  As residents post information other consumers can access the information and get an upfront, close and personal feel for what it might be like to live in <a href="http://seattle.washingtonblogpage.com" target ="_blank">Seattle</a>, <a href="http://chicago.illinoisblogpage.com" target ="_blank">Chicago</a>, <a href="http://joplin.missouriblogpage.com"target ="_blank">Joplin</a>, <a href="http://atlanta.georgiablogpage.com"target ="_blank">Atlanta</a> or any other city in the USA.</p>
<h4>Consumer-Centric Transparency</h4>
<p></br></p>
<p>The CityBlogUSA Network is truly a work of transparency.  <a href="http://www.cityblogusa.com" target ="_blank">CityBlogUSA</a> is consumer-centric and consumer-driven, empowering <em>real people</em>, in <em>real cities</em>, to post blogs about what they deem are <em>real issues</em>.</p>
<p>One resident of <a href="http://kingman.arizonablogpage.com" target="_blank">Kingman, Arizona</a> posted the following comment under the <em>Health Care Park Bench</em>:</p>
<blockquote><p>have been here 1 year this June and have yet to find a doctor that will accept new patients. I am very discouraged that there is no avenue for new residents to find out who is available without a lot of labor intensive efforts.</p></blockquote>
<p>Since health care is an important subject to any resident or person or family contemplating relocation, such information becomes highly relevant, exposing a situation that is unique to Kingman, Arizona.</p>
<p>Another resident posted a comment about great recreation activities that exist for individuals and families who enjoy water sports, as follows:</p>
<blockquote><p>Hi There-<br />
Kingman is about 30-40 minutes to Laughlin. A very easy drive. There are many boat and jet ski rental shops in Bullhead City (directly across the river on AZ side). Some casinos offer rentals also, but they are more expensive. Lake Mead can be accessed two ways; north to Meadview or over the damn to Boulder City. Houseboat rentals are available in Boulder City. You can also rent houseboats on Lake Mohave which is closer but not as big.</p></blockquote>
<p>On the humorous side, someone commented, &#8220;You better not get injured jet skiing unless you have a doctor!&#8221;</p>
<p>All of the authorships, comments and participation on the part of residents is FREE to all residents who want to participate in the <a href="http://www.cityblogusa.com" target ="_blank">CityBlogUSA Network</a>.</p>
<h4>RE Agents May Stake a Claim to their Market</h4>
<p></br></p>
<p>For a nominal annual fee, Real estate agents can stake a claim to their local market(s) and be featured as relocation specialists.  Businesses may also promote their product or service through either display ads or a Business Directory ad for every city in the <a href="http://www.cityblogusa.com" target ="_blank">CityBlogUSA Network</a>. Sponsors can be tied directly to Park Bench topics in a particular city, making targeted marketing very pinpointed.</p>
<h4>Every State a Bloggin Network</h4>
<p></br></p>
<p><a href="http://www.cityblogusa.com" target ="_blank">The CityBlogUSA Network</a> is even more powerful.  It contains fity integrated State blogging networks operating automonously but in cooperation with every other State and city.</p>
<p>The State blogging networks are easily accessed by pointing one&#8217;s browser to:</p>
<ul>
<li><a href="http://www.CaliforniaBlogPage.com" target ="_blank">www.CaliforniaBlogPage.com</a></li>
<li><a href="http://www.KansasBlogPage.com" target ="_blank">www.KansasBlogPage.com</a></li>
<li><a href="http://www.VermontBlogPage.com" target ="_blank">www.VermontBlogPage.com</a></li>
<li><a href="http://www.WashingtonBlogPage.com" target ="_blank">www.WashingtonBlogPage.com</a></li>
<li><a href="http://www.FlordiaBlogPage.com" target ="_blank">www.FlordiaBlogPage.com</a></li>
</ul>
<p></br></p>
<p>Well, you get the idea!  Enter the state name followed by blogpage.com and you are in your state, ready to blog about your favority city or home town.</p>
<p>Truly, <a href="http://www.cityblogusa.com" target ="_blank">The CityBlogUSA Network</a> represents a cutting edge movement toward consumer-centric real estate models that allow the free-flow of information from resident to consumer.</p>
<p>Jump to <a href="http://www.cityblogusa.com" target ="_blank">CityBlogUSA</a>.</p>
<p>Read the <a href="http://www.cityblogusa.com/faq" target ="_blank">CityBlogUSA Frequently Asked Questions</a>.</p>
<p>Related posts:<ol>
<li><a href='http://realonomics.net/2007/06/cityblogusa-plugs-into-e-partner/' rel='bookmark' title='CityBlogUSA Plugs into e-Partner'>CityBlogUSA Plugs into e-Partner</a></li>
<li><a href='http://realonomics.net/2007/07/realonomics-on-cityblogusa/' rel='bookmark' title='REALonomics on CityBlogUSA'>REALonomics on CityBlogUSA</a></li>
<li><a href='http://realonomics.net/2008/04/wikinomics/' rel='bookmark' title='Wikinomics'>Wikinomics</a></li>
</ol></p>]]></content:encoded>
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