WSJ: “Struggling Real-Estate Giant Realogy Strikes Deal With Amazon” [Editor’s Note: The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway (“Berkshire”), or any other entity referenced. Edina Realty is a subsidiary of Berkshire, and competes with Realogy subsidiary Coldwell Banker Burnet.] “We lose money on every...Read More
3% (Market Share) Down, 97% to Go [Editor’s Note: The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway (“Berkshire”), or any other entity referenced. Edina Realty is a subsidiary of Home Services, which is owned by Berkshire.] HomeServices, Edina Realty’s parent company, rates a positively fulsome...Read More
Big Company Internet Surveillance I guess I shouldn’t be surprised anymore, but whenever I post something on this blog about a major company, invariably one of the first hits is from . . . someone at that company (or a law firm representing the company). As I’ve previously discussed — and disclosed — this blog...Read More
Who’s Searching for Realogy Info — and Why? Judging by all the hits on this blog for anything Realogy-related the last few days, you’d guess that something is up. For those who don’t know, Realogy is the heavily-leveraged parent company of several national real estate companies, including Coldwell Banker Burnet. In August, I posted an...Read More
Tale of Two Parent Companies [Note: see, “Realogy Bankruptcy Filing Imminent?” (2/12/09) for an update to this post] One of the most popular quotes making the rounds these days is Warren Buffett’s observation about risk: “You don’t know who’s swimming naked until the tide goes out.” Latest addition to the list of naked swmmers? Realogy,...Read More
