The Multiple Listing Service (MLS) system is undergoing a fundamental transformation, evolving from a simple data repository into a sophisticated rules-based marketplace, according to industry experts. “We’re seeing the emergence of a rules-based business model that’s unprecedented in scope,” says John Heithaus, Chief Sales Officer at Ocusell. He points to recent developments where major industry ...
Brooke Pfautz, CEO of Vintory, says the vacation rental industry faces a predictable pattern of unpredictable disruptions that demands new thinking about business resilience. “Every seven to 10 years, there’s some kind of a black swan event,” Pfautz observes, drawing on his 17 years of industry experience. “Look at 2001 with 9/11, 2007-2008 with the ...
The vacation rental industry is facing a transparency crisis that’s holding back both property owners and managers, according to Brooke Pfautz, CEO of Comparent, who draws a striking parallel with the evolution of car buying. “It’s never been a transparent process,” Pfautz says. “Just like buying a car used to be, you’d waste weekends going ...
A groundbreaking analysis of over 6,000 vacation rental companies reveals an unexpected truth: mid-sized operators are consistently outperforming larger competitors in key quality metrics, according to new data from Comparent. “Most market leaders are middle-sized companies, from 50 to 200 properties,” says Brooke Pfautz, CEO of Comparent. “Some of the larger companies like Casago and ...
While many Colorado mountain towns crack down on short-term rentals, Western Colorado’s market remains uniquely welcoming to Airbnb investors, according to one local real estate leader. “So far, we’re not seeing those bumps, as we know in many of the areas of Colorado, it’s becoming restricted,” says Johnny Pfeiffer, Broker at Spirit Bear Realty, describing ...
The credit bureaus’ practice of selling consumer mortgage application data without explicit consent represents a “categorically wrong” violation of privacy that needs immediate reform, according to Brendan McKay, Chief Advocacy Officer of the Broker Action Coalition. “The credit bureaus are private, publicly traded companies on stock exchanges, and they get to sell consumer data without ...
