Most Influential Real Estate Leaders: 2011
Transcription
Most Influential Real Estate Leaders: 2011
100 Most Influential Real Estate Leaders: 2011 An annual list of brokerage company executives, technologists, government leaders and other luminaries who shape and reshape the real estate industry. Industry Special Report Friday, December 16, 2011 100 Most Influential Real Estate Leaders: 2011 An Inman News Special Report The Inman 100 report, an annual list of the Most Influential Real Estate Leaders, recognizes those who embody leadership, ingenuity, strength, conviction, power, persistence, perseverance and progress — their voices and actions can move the industry toward change. They include the industry’s brain trust, power brokers and deal makers, and those outside the industry who impact the business of buying and selling homes. Inman News accepted and reviewed hundreds of reader nominations via an open, online nominations process that concluded in early November. An Inman News in-house review and selection process, led by the Inman News editorial department, considered reader-selected nominees and also suggested additional individuals worthy of consideration. The unranked list of individuals in this report is organized alphabetically by last name in each of the following categories: Brokerages, Franchisors, Brokerage Organizations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . page 2 Economists, Academics and Consultants . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . page 13 Government . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . page 16 Industry trade groups, MLSs. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . page 20 Media, Blogging, Social Media, Marketing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . page 26 Mortgage, Title, Ancillary Services . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . page 30 Technology. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . page 31 Inman News Contributors InmanNext contributors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . page 39 Inman News columnists. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . page 42 © 2011, Inman Group, Inc. All rights reserved. All trademarks are the property of their respective companies. Purchasers of this report may make one attributed copy or slide of each figure contained herein. Additional reproduction or distribution of this report in whole or in part is strictly prohibited. For information about group purchases or other distribution options go to www.inman.com. Inman News • 1100 Marina Village Parkway, Suite 102 • Alameda, CA 94501 Phone: 510.658.9252 • Fax: 510.658.9317 • www.inman.com THIS REPORT IS COPYRIGHTED. REPRODUCTION OR DISTRIBUTION IS PROHIBITED. 100 Most Influential Real Estate Leaders: 2011 B r okerag es , F ran c h isors, Brokerage Or ganizat ions Sue Adler CEO Sue Adler Team, Keller Williams Realty www.sueadler.com Twitter: @sueadler Facebook The prolific Sue Adler, who heads a Keller Williams team in Short Hills, N.J., has more than 25 years of real estate-selling experience. In December 2011, her co-founded conference, Hear it Direct, a full-day event designed for real estate professionals to hear consumers’ needs, complaints and desires directly, had its inaugural meeting. Adler has been the No. 1 Keller Williams agent in New Jersey for six years running, and in 2011 her team reached nearly $75 million in sales, averaging a sold house once almost every three days. She’s also a partner in the Keller Williams Short Hills, Summit, Chatham and Livingston offices. Graham Badun Managing partner and CEO Brookfield Residential Property Services www.brookfieldrps.com Graham Badun joined Toronto-based Brookfield in 1998 and was appointed CEO and managing partner in September 2008, at about the same time Brookfield acquired GMAC Real Estate, which it merged with Real Living the following year. Under Badun’s leadership, Brookfield expanded further into the U.S. real estate market with the acquisition of Prudential Real Estate and Relocation Services on Dec. 6, 2011, in a $110 million deal. The purchase made Brookfield the world’s second-largest employee relocation services provider and the third-largest residential real estate franchising business, the company reported. Combined, Brookfield’s network of real estate franchise brands includes about 80,000 real estate agents in 2,800 offices, with more than $150 billion in annual real estate transactions. Lanny Baker President and CEO ZipRealty www.ziprealty.com Twitter: @LannyBakerZIP Lanny Baker, who took the reins at ZipRealty in October 2010, has led the publicly traded real estate brokerage company through major changes this year, including the transition in several markets from brokerage operations to powering referrals for other brokerage firms. The company, which had risen in annual industry rankings by research firm Real Trends to become the fifthlargest U.S. real estate brokerage firm by total transaction sides in 2010, abandoned brokerage operations in more than a dozen markets in 2011 in a cost-cutting effort, and thinned its pool of agents from about 3,403 at the start of 2011 to 2,197 by the end of June. The company, which had been a major force in offering and promoting real estate rebates, announced in July that it would be eliminating buyer rebates. Baker oversaw the retooling of ZipRealty’s website to make its features more open and accessible to nonregistered visitors. Inman News | Industry Special Report 2 100 Most Influential Real Estate Leaders: 2011 Matt Beall Principal broker Hawaii Life Real Estate Brokers www.hawaiilife.com Matt Beall, principal broker with Hawaii Life Real Estate Brokers, has a passion for real estate and technology and he’s helping to reinvent Hawaii Life Real Estate Brokers. Beall said he continues to push against traditional assumptions about how real estate ought to be conducted: “I see everything from the ‘Drawbridge Mentality’ where people behave as if now that they’ve started their career it should be closed to everyone else ... to just a plain avoidance of anything new at all.” In both 2010 and 2011, Hawaii Life Real Estate Brokers was nominated by Inman News as one of the most innovative brokerages in the nation. It now employs about 100 brokers, agents, and support staff in five offices around Hawaii since becoming the No. 9 real estate company in all of Hawaii in about 30 months. Helen Hanna Casey President Howard Hanna Real Estate Services www.howardhanna.com As president of Howard Hanna Real Estate Services, Helen Hanna Casey oversees a network of more than 4,700 sales agents and employees in 131 offices in Pennsylvania, Ohio, West Virginia and New York. She got her start at the company in 1975 as a sales associate and has also served as a manager and regional vice president. Outside the company, she is president of the board of directors of the West Penn Multi-List multiple listing services in Pittsburgh and serves on the National Association of Realtors’ Executive Committee and Real Estate Services Advisory Board. Sherry Chris President and CEO Better Homes and Gardens Real Estate LLC www.bhgrealestate.com Twitter: @sherrychris Facebook Since becoming CEO in 2007 of the Better Homes and Gardens Real Estate brand, licensed by Realogy in the same year, Sherry Chris has grown the company to more than 200 offices in 24 states and Canada with 7,000-plus agents. Last year, she directed the company’s first foray into the international market by opening an office in Ontario, Canada. She joined Realogy in 2006 as CEO of Coldwell Banker Real Estate LLC. In her 28-plus years in the real estate industry, Chris has held executive positions with Real Living (Ohio) and Prudential California-Nevada-Texas Realty, and worked for 16 years with Royal LePage in Canada. She is a Canadian native and maintains a home in Canada. Inman News | Industry Special Report 3 100 Most Influential Real Estate Leaders: 2011 Harold E. Crye President, co-founder Crye-Leike Inc. www.crye-leike.com Crye-Leike, Realtors, which has a headquarters in Memphis, Tenn., maintained its position as the sixth-largest U.S. real estate brokerage based on 24,260 units sold in 2010, according to a ranking by real estate research firm Real Trends, and the company also ranked 13th in the nation for its $3.85 billion sales volume in 2010. Harold Crye, who co-founded the company in 1977, grew the company to be the largest in Memphis within three years. Crye is a past chairman of the brokerage group The Realty Alliance and in 1992 served as president of the Memphis Area Association of Realtors. The company is a part of Leading Real Estate Companies of the World, a network of about 550 real estate firms which together maintain 4,600 offices and 140,000 sales associates worldwide. Crye-Leike released a new consumer-facing location-based mobile real estate search app in June, available for Android, iPhone and iPad platforms, and also this year the company received a “Best Website Search Engine Optimization Strategy Award” from Leading Real Estate Companies of the World. In addition to residential real estate services, Crye-Leike offers commercial sales, mortgage, title, insurance, business brokerage and investments, property management, development and construction, builder resources, relocation, auctions and home services. Rick Davidson President and CEO Century 21 Real Estate LLC www.c21.com Twitter: @Century21 Facebook Richard W. Davidson was appointed president and CEO of Century 21 Real Estate LLC in February 2010. The Century 21 network includes more than 8,000 independently owned offices and 121,000 sales associates in 71 countries. Davidson previously worked with two fellow Realogy subsidiaries, Coldwell Banker Real Estate LLC, where he was chief operating officer; and Coldwell Banker Commercial Affiliates, where he was president and chief operating officer. He has worked in the real estate industry more than 20 years, with previous experience at CB Richard Ellis in the Washington, D.C., market and at Insignia/ESG. Jeffrey S. Detwiler President and chief operating officer Long & Foster Companies www.longandfoster.com In 2011, Jeffrey Detwiler, in his capacity as chief operating officer and president of Long & Foster, directed Long & Foster Real Estate’s release of a free interactive mapping tool that displays market reports by various geographic factors for areas in the company’s Mid-Atlantic region. In 20-plus years of broad mortgage industry experience, he’s held executive positions that span the industry’s spectrum: in the originations market, as a Wall Street investor, and as an investment banker, among others. Before joining Long & Foster, Detwiler was the chief production officer at Countrywide/Bank of America, where he managed part of the company’s various lending and origination services. Inman News | Industry Special Report 4 100 Most Influential Real Estate Leaders: 2011 Lawrence Flick IV Chairman and CEO Prudential Fox & Roach, Realtors www.prufoxroach.com Lawrence Flick IV, chairman and CEO of Prudential Fox & Roach, Realtors, heads up one of the largest independently owned and operated brokerage companies in the nation, which ranked fifth by closed sales volume in 2010, according to Real Trends. Its affiliate, the Trident Group, provides mortgage financing and title, property and casualty insurance services. Flick began his career in real estate as a sales associate for a small company on Philadelphia’s Main Line. He has seen the company’s growth through numerous mergers and acquisitions, most notably Emlen Wheeler Realtors, Fox & Lazo Realtors, and Prudential Preferred Properties. Jim Gillespie CEO Coldwell Banker Real Estate LLC www.coldwellbanker.com Twitter: @coldwellbnkr Facebook In 2004, Jim Gillespie became CEO of real estate powerhouse Coldwell Banker, which has more than 3,200 offices and 97,000 agents franchised worldwide. As a 36-year real estate industry veteran, Gillespie has been with Coldwell Banker since 1976. He became one of the original group of 10 executives chosen to run Coldwell Banker Resid ential Affiliates Inc. when the company entered the franchising business in 1981. He then became a Coldwell Banker regional director, and in 2001 was made chief operating officer before becoming CEO in 2004. Before entering the real estate industry, he taught mathematics for three years and worked four years for the YMCA. Dorothy “Dottie” Herman President and CEO Prudential Douglas Elliman Real Estate www.elliman.com Prudential Douglas Elliman Real Estate, ranked the fourth-largest brokerage by closed sales volume in 2010 by Real Trends Inc., got a new parent company in 2011 when Canadian firm Brookfield Residential Property Services acquired Prudential Real Estate brokerage affiliates in a $110 million deal. Prudential Douglas Elliman has 3,800 real estate professionals and 675 employees in more than 60 offices. Beginning her career as a financial planner and part-time sales broker, Dorothy “Dottie” Herman bought Prudential Long Island Realty in 1989; she bought Douglas Elliman, Manhattan’s largest real estate brokerage, with partner Howard Lorber in 2003. She merged the two into Prudential Douglas Elliman Real Estate and became the entity’s president and CEO. Inman News | Industry Special Report 5 100 Most Influential Real Estate Leaders: 2011 Joseph A. Horning President Shorewest Realtors, and 2010-11 chairman, The Realty Alliance www.therealtyalliance.com www.shorewest.com Joseph A. Horning, president of family-owned Shorewest Realtors, Wisconsin’s largest brokerage, played a major role this year in overturning a National Association of Realtors policy relating to the ability of real estate franchisors to display locally sourced Internet Data Exchange real estate listings from around the country on their national websites. The controversial NAR policy, approved last year but later protested by some major real estate firms and organizations, was formally repealed in November. Shorewest, established in 1946 by John A. Horning, now has 25 sales offices throughout Wisconsin and about 1,100 sales associates. Horning also represented The Realty Alliance, a group composed of several major brokerage companies, as chairman in pursuing a repeal of the controversial IDX rule. And Horning serves on the board of directors for another group of brokerage companies, Leading Real Estate Companies of the World. He joined Shorewest in 1991 and formed the company’s information systems division in 1992. He was appointed information technology director in 1995, vice president in 2000 and president in December 2002. Paul Hulme President, founder, CEO Alain Pinel Realtors www.apr.com Paul Hulme, president, founder and CEO for Northern California luxury real estate brokerage company Alain Pinel, grew its sales volume from $5.7 billion in 2009 to $6.8 billion in 2010 — sixth in the nation, according to an annual reported by industry research firm Real Trends. The company has 32 offices and about 1,400 sales associates. Hulme, born on a farm in Panguitch, Utah, is a longtime entrepreneur who founded Alain Pinel Realtors Inc. in 1990 — he has also operated several businesses in other industries. Alain Pinel this year released a comparative market analysis tool for iPad devices that allows company agents to review comparable listings, map properties and analyze data. Budge Huskey Chief operating officer, president Coldwell Banker Real Estate LLC www.coldwellbanker.com Budge Huskey is chief o and president of Coldwell Banker Real Estate LLC. Huskey manages operations for the brand’s 3,600 franchisees and more than 98,000 agents around the globe. He says he’s “a huge advocate of peer-to-peer learning ... and training is crucial for our agents’ development and success.” Huskey previously served as president and chief operating officer for Coldwell Banker Residential Real Estate in Florida in 2004, and began his career as a real estate agent in 1984 for family-owned brokerage Huskey Realty. Inman News | Industry Special Report 6 100 Most Influential Real Estate Leaders: 2011 Gary Keller Co-founder and chairman of the board Keller Williams Realty www.kw.com Gary Keller co-founded Keller Williams in Austin, Texas, in 1983. The franchise company now has more than 80,000 real estate agents in about 690 offices across the United States and Canada. He has released three books, “The Millionaire Real Estate Agent,” “The Millionaire Real Estate Investor,” and “Shift: How Top Real Estate Agents Tackle Tough Times.” Margaret Kelly CEO Re/Max LLC www.remax.com Margaret Kelly joined Re/Max LLC as a financial analyst in 1987 and held a variety of leadership positions before becoming the company’s CEO in October 2005. She was appointed to the board of directors of the Denver Branch of the Federal Reserve Bank in January 2010. A breast cancer survivor, Kelly has advocated for Re/Max’s sponsorship of the Susan G. Komen Race for the Cure series. Glenn Kelman CEO and president Redfin www.redfin.com Glenn Kelman, a Seattle native, hasn’t shied from controversy or the spotlight since taking the job as high-tech brokerage firm Redfin’s CEO and president in September 2005. This year, Redfin raised the hackles of some industry participants when the company announced in late September that it was releasing performance data for 1 million real estate agents to the public. Holes in the data led the company to pull down the “Scouting Reports” a week later. In March, the company had launched an “Agent Insights” feature that allowed registered users of the Redfin website to view notes from Redfin agents about for-sale listings they had visited — that practice also riled some real estate practitioners. Before joining Redfin, Kelman in 1997 co-founded portal software company Plumtree Software, later serving as vice president of marketing and product management. That company went public in 2002 and was acquired in 2005. Redfin has ranked among the top 20 most visited real estate websites during 2011, according to monthly lists by Web metrics firm Experian Hitwise. Inman News | Industry Special Report 7 100 Most Influential Real Estate Leaders: 2011 Earl Lee President , U.S. and international real estate services Brookfield Residential Property Services www.brookfieldrps.com Earl Lee has worked under the Prudential brand since 1978 when he joined Prudential Locations LLC in Hawaii. He served as senior vice president, principal broker and partner for that firm over a 20-year period and then served as president of Prudential Real Estate until January 2007, when he became president of Prudential Relocation. He was appointed president of Prudential Real Estate and Relocation Services in December 2008. Brookfield Residential Property Services acquired Prudential Real Estate and Relocation Services on Dec. 6, 2011, for $110 million, putting Lee in charge of its U.S. and international real estate services, including Prudential affiliates. There are about 54,000 Prudential affiliates in about 1,600 offices worldwide. Dave Liniger Co-founder and chairman of the board Re/Max LLC www.remax.com Dave Liniger, board chairman of real estate franchise giant Re/Max, began working in real estate to supplement his income while serving with the U.S. Air Force in Phoenix and went on to co-found Re/Max in Denver in 1973, basing its business model on offering agents 100 percent commissions. The company now has more than 90,000 affiliated independent sales professionals in more than 80 countries. Robert Moline President, chief operating officer HomeServices of America Inc. www.homeservices.com Speaking during a two-day Inman News Data Summit event in San Francisco in July, Robert Moline, president and chief operating officer of HomeServices of America Inc., noted that a controversial Internet Data Exchange policy that had been approved by the National Association of Realtors rubbed some brokerages the wrong way, and that “each and every broker has always had their own choice on where their data went.” The controversial rule was repealed in November. HomeServices subsidiary Edina Realty Inc. announced in November that it planned to pull property listings from real estate sites Trulia and Realtor.com in an effort to drive more online traffic on its own website. HomeServices, a part of Warren Buffett’s Berkshire Hathaway, is the second largest full-service independent real estate firm in the country and the largest brokerage-owned provider of mortgage, title, escrow and insurance services in the nation. Moline has 22 years of real estate brokerage experience and formerly served as CEO for HomeServices of Nebraska Inc, doing business under the HOME Real Estate and Woods Bros. Realty brands. Moline earlier worked as a certified public accountant, and has served on the Nebraska Real Estate Commission and as a director for The Realty Alliance, a brokerage group. Inman News | Industry Special Report 8 100 Most Influential Real Estate Leaders: 2011 Glyn Morgan CEO Professionals Real Estate Group www.professionals.com.au Twitter: @glynemorgan Facebook Glyn Morgan is CEO of Queensland, Australia-based Professionals Real Estate Group, which was founded in 1976 and now has more than 300 offices in Australia, New Zealand, Fiji, Indonesia, Papua New Guinea, Thailand and Vanuatu. In 2011, the company entered the U.S. market, operating under the name Professionals Realty Group USA (ProsUSA). Its offices/members pay a one-time initiation fee and a flat monthly rate to the parent organization. Professionals Realty Group USA has an eye toward combining property management and real estate brokerage services. Pam O’Connor CEO, Leading Real Estate Companies of the World Leading Real Estate Companies of the World www.leadingre.com For more than 25 years, Pam O’Connor managed companies that ultimately consolidated into Leading Real Estate Companies of the World. Based in Chicago, LeadingRE represents 5,000 offices and 150,000 sales associates worldwide. At a Las Vegas conference early in 2011, O’Connor’s team used video to share examples of how LeadingRE’s members engage, innovate and lead in their field. Moreover, the company’s Our World initiative provides a 24-7 online community platform that allows members to network their top-ranked manager and agent colleagues while offering a onestop repository to make LeadingRE’s programs and tools – including online continuing-education programs and other resources — easily accessible for members. O’Connor and LeadingRE’s board of directors weighed in on an important industry Internet Data Exchange (IDX) issue this year when they voted that National Association of Realtors repeal a rule change that allows franchisors to index and display listings advertised on their affiliated brokers’ websites. “The larger issue is: once you start giving listings to (non-MLS members), you are putting the control further and further away from the brokers, who have an obligation to their sellers to protect the data.” Ronald J. Peltier Chairman and CEO HomeServices of America Inc. www.homeservices.com Ronald Peltier heads the country’s second-largest real estate brokerage company, Minneapolis-based HomeServices of America Inc., where he oversees 22 real estate brands and more than 15,000 sales associates in nearly 300 offices. This year, Peltier was a major voice against a National Association of Realtors’ policy allowing franchisor display of IDX listings; the policy was repealed in November. Also in November, HomeServices subsidiary Edina Realty Inc. announced plans to pull listings from Trulia and Realtor.com, renewing a long-running industry debate over the pros and cons of syndicating listings to third-party sites. Inman News | Industry Special Report 9 100 Most Influential Real Estate Leaders: 2011 Alexander “Alex” E. Perriello III President and CEO Realogy Franchise Group www.realogy.com Alex Perriello III serves as president and CEO of the Realogy Franchise Group and oversees the Better Homes and Gardens Real Estate, Century 21, Coldwell Banker, Coldwell Banker Commercial, ERA and Sotheby’s International Realty real estate brands; combined they represent about 14,700 franchised and company-owned offices with 267,000 brokers and sales associates in 100 countries around the world. Perriello is responsible for the franchise group’s shared support services, including domestic and international franchise sales, administration, finance, business development, information technology, learning and human resources, as well as for ONCOR International, an international commercial real estate referral network. With more than 30 years in the real estate industry, Perriello is widely recognized as a real estate industry leader and keen observer in the areas of policy and market trends. He serves on the National Association of Realtors Strategic Planning Committee. Harley E. Rouda Jr. President Real Living www.realliving.com Harley E. Rouda Jr. became president of Real Living in 2009 when the franchise company merged with GMAC Home Services LLC. The company, based in Columbus, Ohio, began more than 50 years ago as HER Realtors and now claims sales volume of more than $15 billion, with about 450 offices and 10,000 agents. Prior to the merger, Rouda was Real Living’s CEO and managing partner. Real Living’s Canadian parent firm, Brookfield Residential Property Services, acquired Prudential’s real estate franchise operations this year in a deal valued at $110 million. Glenn Sanford Founder and CEO eXp Realty LLC www.exprealty.com Twitter: @ceoglenn Facebook Glenn Sanford launched cloud-based national real estate brokerage eXp Realty in October 2009, after the housing downturn compelled him to rethink his business model in recognition of what he calls “the ‘perfect storm’ of lower revenues, fixed or rising overhead costs, and a consumer with more information and access than ever before.” The brokerage has no physical offices. Its agents and brokers work from home and conduct meetings online in a video game-like virtual setting. The company’s elimination of brick-and-mortar offices has contributed to its growth — it currently operates in 21 states and has plans to expand to four more states and Canada by January. Inman News | Industry Special Report 10 100 Most Influential Real Estate Leaders: 2011 Richard A. Smith President and CEO Realogy Corp. www.realogy.com Richard A. Smith, president and CEO of Realogy Corp., has led the company’s business operations since 1996. Realogy’s operations include real estate franchising, brokerage, relocation and title services. Its companies include the Realogy Franchise Group, which consists of Better Homes and Gardens Real Estate, Century 21, Coldwell Banker, Coldwell Banker Commercial, ERA and Sotheby’s International Realty. Combined, those brands have about 14,300 franchised and company-owned offices and 253,000 brokers and agents worldwide. Realogy’s NRT LLC is the nation’s largest residential real estate brokerage, with approximately 730 offices and 43,000 sales associates in about three dozen metro areas. Jim Weichert Founder and president Weichert Realtors www.weichert.com Twitter: @weichert Facebook Jim Weichert is Founder and President of Weichert Realtors, a family of full-service real estate and financial services companies based in Morris Plains, N.J. Begun in 1969, the company has grown to nearly 18,000 sales associates and over 500 company-owned and franchised offices in more than 32 states. In October 2011, the company aligned with Realtors Property Resource (RPR), a wholly owned subsidiary of the National Association of Realtors, and made available the national database of property information to Weichert sales associates. Philip White President and chief operating officer Sotheby’s International Realty Affiliates LLC www.sothebysrealty.com Philip White has been chief operating officer of luxury real estate company Sotheby’s International Realty Affiliates since July 2004 and was named president in April 2010. An industry veteran of more than 30 years, White is in charge of the company’s day-today operations, brand management, and business growth strategies. A subsidiary of brokerage and franchise giant Realogy Corp., Sotheby’s International Realty has more than 11,000 sales associates in about 500 offices in more than 40 nations and territories around the globe. This year, the company ran a months-long ad campaign that delivered photos of international high-end real estate on the market via the New York Times mobile application for the Apple iPad. Inman News | Industry Special Report 11 100 Most Influential Real Estate Leaders: 2011 Charlie Young CEO and president ERA Franchise Systems LLC www.erarealestate.com Since mid-2009, Charlie Young, as CEO, has directed the growth and profitability of ERA Real Estate, a residential franchise brokerage network. Before joining ERA, Charlie served as chief operating officer for Coldwell Banker Real Estate LLC. Initially, he was a senior vice president of marketing in 2004 at the company. His two decades of executive business management includes stints at Cendant Mortgage (now PHH Mortgage), Bell Atlantic (now Verizon) Directory Services, and the New Jersey Nets. ERA Real Estate oversees a 2,800-office network with 33,000 brokers and sales associates worldwide. Bruce Zipf President and CEO NRT LLC www.nrtllc.com Bruce Zipf has been guiding NRT LLC, the nation’s largest residential real estate brokerage company (both in sales volume and closed transaction sides), since he was named president and CEO in 2005. Realogy Corp. subsidiary NRT owns and operates brokerages in more than 35 markets, with 750 offices and 45,000 sales associates doing business under the Coldwell Banker, Coldwell Banker Commercial, ERA, Sotheby’s International Realty and The Corcoran Group brand names. Zipf became a certified public accountant in 1980, working for Ernst and Young before joining Schlott, Realtors as controller in 1986. He became senior vice president of Coldwell Banker Schlott Realtors in 1994. At NRT, Zipf’s numerous posts have included chief operating officer, chief administrative officer, and president of NRT’s New York City metro region. Inman News | Industry Special Report 12 100 Most Influential Real Estate Leaders: 2011 E c on o mis t s , A c ademics and Consultant s Brian Boero Partner 1000watt Consulting www.1000wattconsulting.com Twitter: @1000wattbrian Brian Boero is a co-founder and partner at 1000watt Consulting, a firm that specializes in offering real estate companies guidance on branding, marketing and product innovation. Boero is also co-author of the 1000watt blog, where he weighs in on often controversial industry issues. Before co-founding 1000watt Consulting, Boero was CEO of real estate software company VREO Inc. Boero is also a past president of Inman News. Boero is teamed with fellow industry luminaries Marc Davison and Future of Real Estate Marketing blog creator Joel Burslem at 1000watt. Doug Duncan Vice president and chief economist Fannie Mae www.fanniemae.com As a leader and important analyst at Fannie Mae, whose mission is to insure the financial health of the U.S. mortgage finance market, Doug Duncan plays a crucial role in the recovery of the nation’s housing market. He is the company’s representative on economic and mortgage market issues, which makes him a frequent and sought-after speaker; he also manages its Economics and Mortgage Market Analysis Group. In 2010, Duncan was named one of the country’s top four most accurate economists by the Wall Street Journal and named one of Bloomberg Businessweek’s 50 Most Powerful People in Real Estate. Mark Fleming Chief economist CoreLogic www.corelogic.com Mark Fleming is chief economist for CoreLogic, the largest US provider of advanced property and ownership information, analytics and services. Fleming leads the mortgage risk analytics economics team and is responsible for developing the collateral, fraud, and valuation risk models and the economic analysis and monitoring real estate and mortgage market trends. This year, in watching U.S. home prices fall for a seventh straight month, Fleming explained that declines are increasingly concentrated in sales of distressed properties in distressed segments of the market. These are, he said, “mostly in the form of (real estate owned) sales, as the stock of foreclosures is slowly cleared.” Inman News | Industry Special Report 13 100 Most Influential Real Estate Leaders: 2011 Stan Humphries Chief economist Zillow www.zillow.com Stan Humphries has drawn attention to Zillow’s home valuations and other data as chief economist for the now-publicly traded company. Humphries conducts economic analysis and helped to create the algorithms behind Zillow’s home-value estimates, dubbed “Zestimates,” and its Zillow Home Value Index, which also draws from the Zestimate algorithm, among other metrics. Humphries previously oversaw a data team at travel site Expedia and served as a NASA contracts negotiator and as a faculty member and researcher for the University of Virginia. The company’s data and search capabilities have definitely caught on with consumers: Zillow rose to No. 2 in the rankings of most visited real estate websites in October, according to Web metrics firm Experian Hitwise, with National Realtors Association-affiliated Realtor.com, operated by Move Inc., falling to the No. 3 position that month and Yahoo Real Estate maintaining the No. 1 spot in the rankings for the fourth straight month. Brian N. Larson President Larson/Sobotka Business Advisors LLC www.larsonsobotka.com Twitter: @BlarsonMpls Brian N. Larson is managing member of the law firm of Larson/Sobotka PLLC and president of Larson/Sobotka Business Advisors LLC both based in Minneapolis. His law firm and consulting firm have worked with about 100 multiple listing services, Realtor associations and real estate brokerages. In 2011 Larson continued work on behalf of the MLS Domains Association, which is seeking to establish the .MLS domain as an online differentiator for MLSs. Larson also worked this year to facilitate the merger of three Realtor associations in New York state, and to assist MLSs in interpreting settlement of a CIVIX-DDI LLC patent claims lawsuit. Gregg Larson President and CEO Clareity Consulting www.callclareity.com In 1996, Gregg Larson co-founded Clareity Consulting, a real estate information and Internet consulting firm in Scottsdale, Ariz., that works with many of the largest online firms and multiple listing services. It has become known for facilitating the debate over listings syndication and for hosting the MLS Executive Workshop, an annual conference. Inman News | Industry Special Report 14 100 Most Influential Real Estate Leaders: 2011 Steve Murray Editor and president Real Trends Inc. www.realtrends.com Steve Murray has been president and editor of Real Trends, a Denver-based residential brokerage and housing industry information company, since its founding in 1987. In 2011 Murray co-authored “Game Plan: How Real Estate Professionals Can Thrive in an Uncertain Future,” with Ian Morris, CEO of Market Leader. The book highlights the role and importance of quality agents to successful brokerage companies. Murray is also president of Murray Consulting Inc. and editor of LORE Magazine. Stefan Swanepoel President RealSure Inc. www.realsure.com Twitter: @swanepoel Facebook In addition to heading real estate consulting firm RealSure, Stefan Swanepoel has authored 20 books and reports on the real estate industry, including New York Times bestseller “Surviving Your Serengeti: 7 Skills to Master Business and Life,” published this year. His comprehensive Swanepoel TRENDS Report annually analyzes the top market trends shaping the real estate business, including technology innovations, changing consumer behavior, the economy, and new business models. Swanepoel is the former chairman and CEO of real estate training company RealtyU Group Inc. and a former president and CEO for Coldwell Banker Associates Realty in California. Lawrence Yun Senior vice president of research and chief economist National Association of Realtors www.realtor.org In his role as chief economist for the National Association of Realtors, Lawrence Yun directs research activity for the association and provides market forecasts and commentary for the members of the trade group. He has worked with the Realtors’ market research department since 2000, and previously worked as an economic consultant to the U.S. departments of Veterans Affairs and Education. Inman News | Industry Special Report 15 100 Most Influential Real Estate Leaders: 2011 G ov ernm en t Melanie L. Aitken Commissioner of competition, Canada Canadian Competition Bureau www.competitionbureau.gc.ca Melanie L. Aitken, commissioner of competition at Canada’s Competition Bureau, is responsible for the administration and enforcement of Canada’s Competition Act and three labeling statutes: the Consumer Packaging and Labeling Act, the Precious Metals Marking Act, and the Textile Labeling Act. As keynote speaker at a Canadian Bar Association conference earlier this year, she reiterated her goal: “stay the course.” She has been listed as a leading competition and antitrust lawyer in Chambers Global, The World’s Leading Lawyers, and as a member of the top 40 under 40 by Lexpert in 2005. The Competition Bureau initiated a proceeding against the Toronto Real Estate Board in May, claiming that the board was restricting competition because it didn’t allow consumers to view detailed property information via Virtual Office Websites. The board has denied it is restricting competition, and proposed policy revisions in June. Additionally, the Canadian Real Estate Association has been granted the right to participate in the proceeding, which is due for a hearing in 2012. Ben Bernanke Chairman Federal Reserve Board www.federalreserve.gov Facing the fire of prolonged U.S. and worldwide economic turmoil, Ben Bernanke continued his second term as chairman of the Federal Reserve, a position he holds until 2014. While implementing the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, which calls for the creation of more robust stress tests for banks, the Fed has had to closely watch the European sovereign debt crises and manage its own response to prevent a steeper downturn in the U.S.’s real estate-battered economy. Edward J. DeMarco Acting director Federal Housing Finance Agency www.fhfa.gov In 2009, President Obama appointed Edward J. DeMarco acting director of the Federal Housing Finance Agency, which regulates Fannie Mae, Freddie Mac and 12 Federal Home Loan Banks. DeMarco had been chief operating officer and senior deputy director for FHFA’s Housing Mission and Goals since 2008, when FHFA was created. He joined the Office of Federal Housing Enterprise Oversight, FHFA’s predecessor, in 2006. DeMarco’s previous work in the federal government includes posts in the Social Security Administration, the Department of the Treasury and the U.S. General Accounting Office. Inman News | Industry Special Report 16 100 Most Influential Real Estate Leaders: 2011 Shaun Donovan U.S. secretary for Housing and Urban Development U.S. Department of Housing and Urban Development www.hud.gov Shaun Donovan was sworn in as the 15th U.S. Secretary for Housing and Urban Development in January 2009 after serving as commissioner for New York City’s Department of Housing Preservation and Development. HUD works to implement several Obama administration programs intended to avoid foreclosure, and Donovan’s tenure as HUD Secretary reflects his commitment to making quality housing possible for every American. Releasing the 2011 Annual Report to Congress, Secretary Donovan acknowledged that the Federal Housing Administration faces the most severe economic conditions since its creation after the Great Depression in 1934, although he said, “It continues to remain remarkably resilient.” After several recent changes at the agency, Carol Galante stepped in this year as acting FHA commissioner and assistant secretary for housing at HUD. Carol J. Galante Acting assistant secretary for housing; Federal Housing Administration commissioner U.S. Department of Housing and Urban Development www.hud.gov Carol J. Galante in July 2011 was named acting assistant secretary for housing and Federal Housing Administration commissioner. Galante is the second acting FHA commissioner this year and the third leader for the agency this year — and this at a particularly trying time for the agency. Robert C. Ryan became acting commissioner in April 2011 when David Stevens left the FHA, moving on to lead the Mortgage Bankers Association trade group, and Ryan left as acting commissioner to serve as a senior adviser to U.S. Housing and Urban Development Department Secretary Shaun Donovan. FHA has been stretched to serve the masses as the credit and lending market tightened during this downturn, leading a substantial share of consumers to rely on the agency for mortgage insurance. Some analysts question whether FHA will be severely strained and may even require taxpayer assistance if the economy continues to falter and the agency continues to face high claims. Galante was appointed by President Obama in March 2009 as deputy assistant secretary for multifamily housing programs, and formerly served as president and CEO for BRIDGE Housing Corp., a nonprofit developer of affordable mixed-income and mixed-use developments in California. Inman News | Industry Special Report 17 100 Most Influential Real Estate Leaders: 2011 Charles E. “Ed” Halderman Jr. CEO Freddie Mac www.freddiemac.com Charles E. “Ed” Haldeman Jr. is CEO of Freddie Mac, one of the top sources of mortgage financing in the U.S. and a leader in the nation’s efforts to keep families in their homes during the nation’s current housing crisis. Earlier in 2011 Haldeman noted a directive from the Federal Housing Finance Agency (FHFA) to streamline the processes for managing delinquent mortgages, change the way servicers engage borrowers, bring greater consistency and accountability to the servicing industry, and help distressed homeowners avoid foreclosure. “I am pleased to play a central role in this important new effort to restore stability to the nation’s housing markets and look forward to improving the industry’s ability to help borrowers facing foreclosure.” In October 2011, however, he announced that he planned to step down once a new CEO is hired. In 2010, Bloomberg’s Businessweek named Halderman one of the “50 Most Powerful People in Real Estate.” He had formerly served as chairman of Putnam Investment Management LLC, where he reorganized the company during a period of scandal involving improper trading by company managers. Jean-Claude Trichet President (former) European Central Bank www.ecb.int Jean-Claude Trichet, president of the European Central Bank from 2003 to October 2011, saw his position become increasingly important in 2011 with Europe’s emerging sovereign debt crisis. Trichet used less drastic measures than his U.S. counterpart Ben Bernanke to stabilize European markets, but his office has skillfully managed various heads of state to temper the shaky euro; that skill included, in 2011, convincing Portugal and Ireland to accept bailout loans. He helped forestall a bigger market fiasco in Europe by getting the European Union, and the world, to understand that the EU was, indeed, facing an emerging market crisis. Inman News | Industry Special Report 18 100 Most Influential Real Estate Leaders: 2011 William John Michael Wald CEO Association of Real Estate License Law Officials www.arello.org William Wald joined the real estate regulators group ARELLO as CEO in May 2011. Before this role, he served as the senior director for the Chicago Association of Realtors and CEO of the Illinois Parks and Recreation Association. In his position at the Chicago Association of Realtors, his project “Heroes Welcome Home,” which trains Realtors how better to serve mentally and physically wounded soldiers who are returning home, won a National Association of Realtors Game Changer Award in 2009. That program has now spread to NAR groups around the nation. Michael J. Williams President, CEO Fannie Mae www.fanniemae.com Michael J. Williams, CEO of Fannie Mae, is responsible for fulfilling the mission of sustaining and repairing the nation’s housing finance system and acting as good a steward of the taxpayer’s investment. Williams has been President and CEO of Fannie Mae since April 2009. He joined Fannie Mae in 1991 and served as Fannie Mae’s executive vice president and chief operating officer from November 2005 to April 2009. Speaking to the U.S. House of Representatives Financial Services Subcommittee on Oversight and Investigations in November 2011, Williams stated that Fannie Mae is undertaking a number of initiatives that will make the industry stronger. But the future of secondary mortgage market heavyweights has been heavily politicized and contested, and Fannie Mae and Freddie Mac may face substantial change after next year’s presidential election. Inman News | Industry Special Report 19 100 Most Influential Real Estate Leaders: 2011 I ndus t ry t rad e g r o ups , MLSs Mark Allen CEO Minneapolis Area Association of Realtors and 10K Research and Marketing www.mplsrealtor.com Twitter: @Red_Allen Facebook Mark Allen became CEO of the Minneapolis Area Association of Realtors in 1998 after serving as the group’s president the preceding year. Allen also is CEO for a MAAR subsidiary, 10K Research and Marketing, which provides marketing and statistical reporting services to Realtor associations, multiple listing services, brokerages and other real estate entities throughout the country. Next year, 10K will launch InfoSparks, a service offering local market data reports that agents can share with consumers. Before joining MAAR, Allen was a partner at Counselor Realty in the Twin Cities area. He began his career as an agent and relocation services director at ERA — M.B. Hagen Realty in 1982. Robert Bemis CEO Arizona Regional Multiple Listing Service Inc. www.armls.com Twitter: @bobbemis Robert Bemis is CEO of the largest multiple listing service in Arizona, Arizona Regional MLS. The Arizona Association of Realtors voted to acquire ARMLS earlier this year, choosing Bemis to lead the post-acquisition effort to build a statewide MLS in Arizona. But the initiative failed when one of the four associations that own ARMLS decided not to sell. Bemis considers successfully positioning ARMLS “as the go-to source for up-to-the-minute facts and predictions about the future of the housing market in central Arizona” his biggest accomplishment this year. ARMLS added four new publicly available market trends reports to its site this year. The reports are focused on listings market time by price range, the rental market, distressed properties, and pending sales prices. Inman News | Industry Special Report 20 100 Most Influential Real Estate Leaders: 2011 Russ Bergeron CEO Midwest Real Estate Data LLC (MRED) www.mredllc.com Twitter: @RBergeronMRED Facebook Russ Bergeron is CEO of Midwest Real Estate Data LLC (MRED) a multiple listing service that this year entered into a licensing agreement with research firm Minneapolis Association of Realtors subsidiary 10K Research and Marketing. The relationship allows MRED users to create customized charts of MRED data via an interactive housing market analytics tool. Bergeron joined Chicago-based Midwest Real Estate Data LLC, one of the largest MLSs in the nation, in May 2010, and earlier served as founding CEO for SoCalMLS. He was instrumental in forming and growing California Real Estate Technology Services, a data aggregation service for real estate professionals in California. SoCalMLS merged with California Regional Multiple Listing Service Inc earlier this year, creating one of the nation’s largest MLSs. Art Carter CEO California Regional Multiple Listing Service Inc. (CRMLS) www.crmls.org Twitter: @CRMLSNews Facebook In August 2011, Art Carter oversaw the merger of California Regional Multiple Listing Service Inc. (CRMLS) with Anaheim-based SoCalMLS, making CRMLS the nation’s largest listing service, with 68,000 participants and subscribers. Carter has served as CEO since August 2005, during which time he’s been instrumental in a data-sharing revolution in Southern California. He served as chairman of the California Real Estate Technology Services (CARETS) Steering Committee since its inception in 2006 through its incorporation in February of 2008. David Charron CEO and president Metropolitan Regional Information Systems Inc. (MRIS) www.mris.com David Charron is CEO and President of Metropolitan Regional Information Systems Inc. (MRIS), one of the largest multiple listing services in the nation, facilitating more than $100 million a day in real estate transactions in the Mid-Atlantic region. He’s also chairman of the MRIS Investment Committee, director of the Realtors Federal Credit Union, and a member of the NAR MLS Policy Committee. Charron has stated that, “The real estate market’s most important commodity — and the cornerstone of an eventual housing recovery — is timely and accurate information on the local level with a real-world perspective. This also allows public, government, financial institutions, investors and real estate professionals to make informed decisions.” He was acknowledged and applauded this year by MRIS for his decade of service to the company, for his innovation on the service side, and his focus on financial integrity and performance. Inman News | Industry Special Report 21 100 Most Influential Real Estate Leaders: 2011 Merri Jo Cowen CEO My Florida Regional MLS (MFRMLS), and 2011 president, Council of Multiple Listing Services (CMLS) www.mfrmls.com, www.councilofmls.com Twitter: @mjcowen Facebook Merri Jo Cowen serves as CEO for My Florida Regional Multiple Listing Service, a consortium of 15 Realtor associations and boards that represent about 33,000 members, and also has served as 2011 president for the Council of Multiple Listing Services, a group of MLSs and vendors that got its start in 1957. A real estate industry professional since 1979, Cowen in 1983 served as an MLS assistant for the Reno Board of Realtors, was the first CEO for the Northern Nevada Regional MLS in 2003, and now leads one of the largest regional MLSs in the nation. My Florida Regional MLS in May announced the addition of members from the Pinellas Realtor Organization and West Pasco Board of Realtors. Gerard N. “Jerry” Giovaniello Chief lobbyist and senior vice president, government affairs National Association of Realtors www.realtor.org As chief lobbyist and senior vice president of government affairs for the National Association of Realtors, Gerard N. “Jerry” Giovaniello manages the association’s government- affairs staff in Washington, D.C. He also serves as NAR’s lobbyist for members of Congress from California, Washington, Nevada, Hawaii and Oregon. The organization spent $6.1 million on federal lobbying in the third quarter of this year, up from $4.5 million in the same period last year, according to federal records, and is among the most powerful lobbying entities across all industries. Giovaniello previously served as chief of staff for two California congressmen from 1972-81. Bob Hale President and CEO Houston Association of Realtors www.har.com Bob Hale has been President and CEO of the Houston Association of Realtors for more than 20 years and his vision and drive makes HAR.com a household brand in the greater Houston area. It is also the most frequently visited Website for Houston real estate, the largest trade association in Houston, and the second largest local Realtor association in the country, with more than 25,000 members. In June 2011, Hale received the Public Relations Society of America (PRSA) Houston CEO Communicator of the Year Award. In 2010, Hale and HAR hosted leaders from across the country for the Real Estate Information Symposium (REIS), with speakers from Zillow, Google, Realtor. com, Realtors Property Resource, First American CoreLogic, SoCalMLS, MRIS, industry-leading attorneys, consultants, and National Association of Realtors CEO Dale Stinton. Hale is recognized by NAR’s Realtor Magazine as one of the 25 Most Influential Thought Leaders in real estate: “Our influencers aren’t just those with the latest gizmo or hot idea; they’re also thought leaders who are reshaping how the real estate industry functions. Each has a profound impact on the present and future of real estate.” Inman News | Industry Special Report 22 100 Most Influential Real Estate Leaders: 2011 Rebecca Jensen CEO and chair UtahRealEstate.com MLS www.UtahRealEstate.com Facebook In January 2011, Rebecca Jensen became the chair of the board for the Real Estate Standards Organization (RESO), a National Association of Realtors-affiliated group that helps standardize how multiple listing services are built and used. And since 2007 she has served as the CEO of UtahRealEstate. com MLS, the third-ranked MLS public website in the U.S. Rebecca also holds a master’s degree in technology commercialization from Westminster College, graduated summa cum laude with a bachelor’s degree in computer science, and is a member of the Utah Technology Council. William E. Johnston 2011 president Toronto Real Estate Board and broker, Bosley Real Estate Ltd www.torontorealestateboard.com www.bosleyrealestate.com William E. Johnston served as president for the Toronto Real Estate Board through June, a position now held by Richard Silver, sales representative for Bosley Real Estate Ltd. The Toronto Real Estate Board is the largest local board in North America, with about 32,000 members, and Johnston was at the helm during a period of continuing conflict with Canada’s Competition Bureau. That agency has an antitrust law enforcement mission not unlike the Federal Trade Commission in the U.S., and TREB was hit with an action in May that in some ways parallels a lawsuit launched by the U.S. Department of Justice against the National Association of Realtors that later was resolved in a settlement agreement. The Canadian regulator’s action, like the lawsuit that was settled in the U.S., relates to Virtual Office Website (VOW) policy and other “innovative services.” The Canadian Real Estate Association, the Canadian equivalent to NAR, has been approved to participate in an administrative proceeding targeted by the Competition Bureau against TREB. Ted Loring Jr. President IDX Presidential Advisory Group President and CEO Professional Property & Consolidated Management www.ppmrentals.com In 2011, Ted Loring, president of Professional Property & Consolidated Management, based in Northern California, led a National Association of Realtors (NAR) presidential advisory group that spearheaded a repeal of a controversial NAR January 2011 policy that allowed Internet Data Exchange feeds to appear on franchisors’ websites. Loring has more than 35 years of property management and real estate transaction experience and, in the past, has been voted Realtor of the Year by local and state Realtor associations. He has a lifetime credential in architectural history, is a certificated mediator, and is an Institute for Real Estate Management-approved certified property manager. Inman News | Industry Special Report 23 100 Most Influential Real Estate Leaders: 2011 Ron Phipps 2011 president National Association of Realtors, www.realtor.org www.realtor.org Twitter: @RonPhipps Facebook Ronald Phipps, principal broker for Phipps Realty Inc. in Warwick, R.I., oversaw passage of a much-debated fee hike for members of the National Association of Realtors during his tenure as president for the organization this year. The association’s board of directors in May approved a $40 per year dues increase to boost spending on political activities, despite polls showing majority opposition from members. The dues increasing will help NAR provide more support for local and state issues. Phipps also led the organization during a time of turbulence between some large brokerages and franchises over a controversial NAR policy related to franchisor display of locally sourced Internet Data Exchange real estate listings on national property search websites, and a period of renewed federal attention to lessening the mortgage interest tax deduction. Phipps has served as a Realtor for 32 years, and in 2000 served as president of the Rhode Island Association of Realtors. David Stevens President and CEO Mortgage Bankers Association, www.mbaa.org www.mbaa.org A former executive for the Long & Foster Cos. brokerage firm who in 2009 was appointed by the Obama administration to run the Federal Housing Administration, David Stevens announced his departure from the FHA in March and soon after was named CEO for the Mortgage Bankers Association. Stevens saw the FHA through a period in which the market share of FHA-insured loans exploded as the private market faltered. Stevens replaced John Courson at the association. Stevens had earlier served as senior vice president for Freddie Mac, executive vice president for Wells Fargo, and worked for 16 years at World Savings Bank. He had also served as president and chief operating officer for Long & Foster. The Mortgage Bankers Association reports that the mortgage banking industry employs about 280,000 people and has about 2,400 member companies. Inman News | Industry Special Report 24 100 Most Influential Real Estate Leaders: 2011 Dale Stinton CEO National Association of Realtors (NAR) www.realtor.org Dale A. Stinton is CEO of National Association of Realtors. In 2010 he was named Innovator of the Year by Inman News for his role in keeping NAR at the forefront of technological change. This year he oversaw a controversial vote to increase NAR membership dues beginning in 2012. At the group’s annual spring meeting in Washington, D.C., NAR’s board of directors voted to fund what it calls its “Political Survival Initiative” via a dues increase for members. Stinton is no stranger to political struggles. He successfully lobbied lawmakers to keep banks from offering real estate brokerage services and to provide tax credits for homebuyers. Under Stinton’s leadership, NAR launched Realtors Property Resource, a national property database that went live in September 2010; oversaw the creation of NAR’s “Game Changer” program, which provides grant funding to innovative Realtor association initiatives — and the formation of NAR’s technology incubator and venture capital fund, Second Century Ventures LLC. Stinton also serves as president Second Century Ventures, which last year purchased a 5.4 percent stake in electronic signature services provider DocuSign in 2009 and this year is poised to acquire the remaining 41 percent stock of lockbox firm SentriLock. Travis Wright Executive director Real Estate Standards Organization www.rets.org Facebook Travis Wright, as executive director of Real Estate Standards Organization, affiliated with the National Association of Realtors, is making real estate data sharing easier — particularly for multiple listing services. In 2011, RESO became a 501c6 nonprofit, which allows it to raise the capital necessary to accelerate the development of real property data standardsbeal. Wright has been in the real estate and technology business for more than 30 years. Inman News | Industry Special Report 25 100 Most Influential Real Estate Leaders: 2011 Me dia , Bl o g g in g , S o cial Media, Market ing Greg Braje Regional business leader for real estate and travel sites Yahoo www.yahoo.com After serving for three years at Yahoo as a corporate finance manager, Greg Braje became the regional business leader for the popular search engine Yahoo’s real estate and travel sites in the latter half of 2010. A graduate of the University of Chicago’s Booth School of Business, Braje also has worked as a senior associate for Imperial Capital LLC and as a Goldman Sachs investment banker. Todd Carpenter Director of digital engagement National Association of Realtors www.realtor.org Twitter: @realtors Twitter: @tcar Todd Carpenter is in charge of social media and online engagement for the National Association of Realtors. He considers his counseling of NAR’s leadership team on the online conversation surrounding the association’s proposal to raise dues by $40 a year for political activities his greatest achievement this year; NAR’s board of directors ultimately approved the proposal. Carpenter is a writer for Realtor Magazine and several association blogs, a frequent conference speaker, and an organizer of unconventional conference events, including REBarCamp. Audie Chamberlain Head of social media at Move Inc. www.move.com Twitter: @movetrends Facebook Audie Chamberlain’s management of social media for Realtor.com, operated by Move Inc., more than doubled the number of Realtor.com Facebook fans and built interest in the listing portal’s iPad app and “Ask a Realtor” offerings. According to judges of Digiday’s Social Advertising, Media and Marketing (SAMMY) Award, this makes Realtor.com the “Best Socialized” enterprise-level business. Move Inc. also won recognition for growing the audience of the Realtor.com Facebook page by 149 percent in one year (the page had 24,000 fans in a recent week), a feat accomplished, in party, by making Realtor.com content, including real estate listings, easily shared via multiple social networks. Users can now log in to the site using their Facebook accounts, and the company claims to reach more than 6 million Twitter users each month. Additionally, Realtor.com’s YouTube Channel features more than 300 videos that have been viewed more than 430,000 times. Inman News | Industry Special Report 26 100 Most Influential Real Estate Leaders: 2011 Tom Ferry Founder and CEO yourcoach.com www.yourcoach.com Twitter: @coachtomferry Facebook Tom Ferry is a high-energy real estate business coach and speaker who has worked to motivate and train more than 260,000 agents and salespeople in his seven years in the business. His 2010 book, “Life! by Design,” was a New York Times, USA Today and Wall Street Journal best seller. Longtime and well-known life coach Tony Robins said of Tom: “Tom understands how to help you lead your life by design!” Ben Kinney CEO and president Home4Investment www.home4investment.com Twitter: @benkinney Facebook Ben Kinney founded the Home4Investment real estate team in Bellingham, Washington after achieving success in marketing homes and helping buyers with his extensive knowledge of computers, websites, and aggressive search engine strategies. Now his real estate team ranges from the state of Washington to the Canadian border. He often speaks nationally to real estate agents looking for an extra edge and is featured in multiple publications including RIS Media’s “Power Team Report” and Realtor Magazine’s “30 under 30.” Bill Lublin CEO of CENTURY 21 Advantage Gold Founder of the Social Media Marketing Institute www.c21ag.com www.socialmediamarketinginstitute.com Bill Lublin is CEO of Century 21 Advantage Gold, and an active real estate investor who not only “talks the talk” but “walks the walk” of technology, social media marketing, risk management and professional standards. Founder of the Social Media Marketing Institute, dedicated to responsible, ethical, and effective interaction in the social media space, most recently Bill was one of the institute’s team to provide fresh course content for e-PRO curriculum to manage a company’s brand, cloud computing, e-office, e-strategy, mobile tools, and other social media updates. Lublin brings insight and humor into the practical application of hardware, software, and social marketing to the real estate business. He’s an active blogger who writes for REreflections and MovePhilly. Along with his son Hal, Bill is co-creator of BuzzBuilderz, a unique social media marketing company that provides a low-cost strategy to transition from Web 1.0 to Web 2.0 marketing and increasing agents’ visibility on the Internet. Inman News | Industry Special Report 27 100 Most Influential Real Estate Leaders: 2011 Bill McBride Founder Calculated Risk blog www.calculatedriskblog.com Bill McBride has been a full-time blogger since 2005 when he founded Calculated Risk, rated by EconDirectory.com as the most popular blog of its kind. After he retired as senior executive of a small public company in the 1990s, Bill predicted the U.S. housing bust. Since then, Calculated Risk has continued to gain influence such that, by January 2009, it was judged the top economics blog by traffic statistics. McBride, who shies from the spotlight, built this large audience for Calculated Risk with his astute commentary on statistics and trends that he gathers from diverse sources. Greg Robertson Founder Vendor Alley www.vendoralley.com Twitter: @gregrobertson Greg Robertson founded Vendor Alley, a snarky industry blog dedicated to the real estate technology industry, in February 2007. He is also co-founder of W&R Studios, a Web applications software company. The company’s apps include real estate social bookmarking site Dwellicious and online real estate report-generator Cloud CMA. Robertson previously served as general manager and vice president of real estate tech company eNeighborhoods. Paul E. Steiger Editor-in-chief, CEO and president ProPublica www.propublica.org As editor-in-chief of the nonprofit, investigative and Pulitzer Prize-winning news site ProPublica, Paul Steiger helps direct deep, analysis-heavy stories about the ongoing home loan-modification morass, and the current financial crisis and the housing market’s role in it. He also chairs the Committee to Protect Journalists, an organization that works to ensure the safety and access of journalists worldwide. Before joining ProPublica, Paul was managing editor of the Wall Street Journal for 16 years, where, during his tenure, the paper earned 16 Pulitzer Prizes. Inman News | Industry Special Report 28 100 Most Influential Real Estate Leaders: 2011 Bev Thorne Chief marketing officer Century 21 Real Estate www.century21.com Twitter: @bevthorne Facebook Beverly Thorne started at Century 21 Real Estate in March 2005 as the franchisor’s Super Bowl campaign strategist and became the company’s chief marketing officer in January 2007. This year she spearheaded Century 21’s Smarter Bolder Faster marketing campaign and other marketing initiatives designed to better engage first-time homebuyers ages 25 to 44 with the 40-year-old brand. These initiatives include an ad partnership with Trulia and Homes.com, a revamped website, mobile applications for all smartphone types and feature phones, a TV ad to run during next year’s Super Bowl, the launch of the brand’s official blog, @C21-Home Matters, and an advertising campaign on mobile game We City. Jeff Turner President Zeek Interactive www.zeek.com Twitter: @respres Facebook Jeff Turner is the president and chief operating officer of Zeek Interactive and RealEstateShows.com and is a popular tech and online strategist. Zeek Interactive develops websites and games as marketing vehicles for clients. Real Estate Shows, which helps agents and brokers create virtual tours from still photos, is one of the company’s proprietary products. Turner is not shy to challenge users’ assumptions about software applications. Late in November, Turner wrote that when “really smart people publicly delete social media accounts their ‘followers’ take notice and do the same.” This generated controversy and he went on to explain, “There is no way to truly measure influence with an algorithm. I do not need Klout … telling me my influence or giving me a score ... stop thinking about Klout as a way to measure your score and your influence. Let’s just assume that you deleted your account and you no longer have a Klout score. Klout has never been about you ... Klout has now scored more than 100 million people (and) the data (the company has) collected is priceless to marketers.” Turner has been named on Inc. Magazine’s list as one of the 500 fastest growing companies in America and he’s won Cisco’s Growing With Technology award recognizing innovative companies networked for growth. Inman News | Industry Special Report 29 100 Most Influential Real Estate Leaders: 2011 Mor t g a g e, Tit l e, A n cillary Services James “Jamie” Dimon Chairman of the board and CEO JPMorgan Chase & Co. www.jpmorgan.com Jamie Dimon became chairman of the board of JPMorgan Chase & Co., in 2007, after having been the company’s president since 2004. In 2011, Chase replaced the Bank of America as the nation’s largest bank by assets. Dimon began his career at American Express Co., serving as an assistant to the president from 1982-85. Other corporate leadership roles have included president and chief operating officer at Travelers Group and chairman and CEO of Travelers’ Smith Barney Inc. subsidiary. With the merger of Smith Barney and Salomon Brothers, he became co-chairman and co-CEO of the combined firm. Travelers Group and Citicorp combined in 1998, and Dimon became the president of Citigroup Inc., the global financial services company. In 2000 he was named chairman and CEO of Bank One, where he remained until 2004. Bryan T. Moynihan CEO Bank of America www.bankofamerica.com In 2010, Brian T. Moynihan became CEO of Bank of America, the nation’s largest mortgage servicer, upon the retirement of Ken Lewis. Previously, he had been Bank of America’s president of global corporate and investment banking. He joined Bank of America in 2004, following the company’s merger with FleetBoston Financial, where he had led global wealth and investment management. Before going into banking, he worked for a law firm in Providence, R.I. Raymond R. Quirk CEO Fidelity National Title Group www.fntg.com Raymond “Randy” Quirk has served as CEO of Fidelity National Title Group since 2005. He is also president of Fidelity National Financial Inc., a leading provider of title insurance, specialty insurance, claims management and information services. As the title group’s CEO, Quirk is responsible for the operations of five leading title insurance underwriters: Fidelity National Title, Chicago Title, Ticor Title, Security Union Title and Alamo Title. He’s also responsible for ServiceLink, a provider of centralized title and closing services to national lenders. Inman News | Industry Special Report 30 100 Most Influential Real Estate Leaders: 2011 John G. Stumpf Chairman, president and CEO Wells Fargo & Co. www.wellsfargo.com John G. Stumpf became chairman for Wells Fargo & Co., the nation’s fourth-largest bank by assets, in January 2010, after having been named CEO in June 2007 and president in August 2005. A 29-year veteran of the company, he previously held numerous positions with Norwest Corp. (predecessor to Wells Fargo), beginning in the loan-administration department in 1982 and eventually becoming regional president for Norwest Bank Texas, where he led the acquisition of 30 banks. Norwest Corp. and Wells Fargo merged in 1998, and Stumpf held several executive posts with Wells. In 2008 he led Wells’ purchase of Wachovia Corp. Technology Austin Allison Co-founder and CEO DotLoop www.dotloop.com Twitter: @gaustinallison Facebook Austin Allison co-founded real estate technology company DotLoop in 2008, before the age of 24. DotLoop partnered with Keller Williams Realty earlier this year to integrate DotLoop’s “offer-toclose” transaction management services into the franchisor’s new eEdge platform for its 80,000 agents. The platform won an Inman Innovator Award for Most Innovative Real Estate Website or Service in 2011. In the fall, DotLoop also partnered with EXIT Realty to provide e-document services to that brokerage’s 24,500 agents. Steven H. Berkowitz CEO and director Move Inc. www.move.com Steve Berkowitz became CEO of Move Inc., a network of prominent real estate sites including Realtor.com, in 2009, and he had previously served as a director for Move Inc. Berkowitz previously was a Microsoft Corp. senior vice president where he had managed various aspects of its online domain including MSN.com, MSNTV, and business development and marketing for Live Platform, MSN and Windows Live. He came to Microsoft by way of Ask Jeeves, an online search engine, where he was CEO for a little over a year. Berkowitz also serves on the board of directors of TheLadders.com, an executive-level job networking site. Inman News | Industry Special Report 31 100 Most Influential Real Estate Leaders: 2011 Eric Bryn Vice president, digital innovation Baird & Warner www.bairdwarner.com Twitter: @ericbryn Facebookn Eric Bryn came to Baird & Warner in October 2010 after nearly eight years at Leading Real Estate Companies of the World, where he was vice president of strategic development. As vice president of digital innovation at Chicago-based Baird & Warner Real Estate, Bryn works to ensure agents have access to digital marketing tools, and works with the company’s marketing, information technology and residential sales units to develop new technologies for agents. This year, Bryn developed a Web-based customer relationship management system that uses Google Apps to help agents collaborate and communicate with clients and manage their Web, social and mobile leads. Alex Chang Founder and CEO (until December 2011) Roost (now a part of VerticalResponse) www.verticalresponse.com Alex Chang, founder and CEO of Roost, a company that had morphed from a real estate search portal to a social marketing company in September 2010, was acquired in December 2011 by VerticalResponse, an email, survey and event marketing firm. Roost had rolled out several tools to help real estate professionals and other small-business owners engage with consumers on social media, including the launch of a social marketing platform in March that was featured as the primary tool in the California Association of Realtors’ first social media training program. The Roost team has joined VerticalResponse and Chang serves as a vice president for the company. Pete Flint Co-founder and CEO, Trulia Trulia www.trulia.com Twitter: @peteflint Facebook Pete Flint is co-founder and CEO of Trulia.com, one of the most popular and fastest growing real estate sites in the U.S. that has revolutionized the real estate experience by empowering people to make better decisions and building tools that tap the power of social media as a potential source for referrals. In San Francisco in July 2011, during Inman’s Real Estate Connect conference, Flint reviewed mobile and social technology tools and trends and expressed his belief that “Agents are the biggest offline social network in the world.” Trulia has announced several new management hires this year, in what analysts have said is a logical path toward an initial public offering, and besides offices in San Francisco and New York Trulia has opened a third office in Centennial, Colorado. Flint has said this year that the company does not “have a great sense of urgency around being a publicly traded company … we’re delighted with our business and want to avoid too many distractions.” Inman News | Industry Special Report 32 100 Most Influential Real Estate Leaders: 2011 Marty Frame President Realtors Property Resource LLC www.narrpr.com Twitter: @martyframe Marty Frame is president of RPR LLC, a subsidiary of the National Association of Realtors with an aim is to compile a database of public information for every residential and commercial property in the U.S. Since going live in 2009, RPR has partnered with more than 300 multiple listing services that provide listings data in return for member access to RPR’s database of assessor’s office and recorder’s office data, mortgages, foreclosures, demographics, and geographic information. Frame previously served as general manager of Cyberhomes.com and chief technology officer of Realtor.com. Ben Graboske CEO CoreLogic MarketlLinx www.marketlinx.com Ben Graboske is CEO of property information and analytics provider CoreLogic MarketLinx, based in Santa Ana, Calif. In September the company acquired Canadian-based Tarasoft Corp., developer of the popular Matrix multiple listing service platform used by 17 MLSs in North America. CoreLogic rolled out a new report that combines public property records with data the company collects from MLSs. The report is intended to provide a “comprehensive view” of local market conditions to risk managers, underwriters, appraisers and loan servicers. CoreLogic will add Matrix to its lineup of MLS platforms — Tempo, MLXchange and InnoVia — and make Matrix compatible with CoreLogic products including its document and transaction manager platform and public record database, Realist. The 130 MLSs it served before the Tarasoft acquisition represented about half of all Realtors in North America. Graboske said Tarasoft and CoreLogic MarketLinx clients can “expect business as usual, with more choices.” Sami Inkinen Co-founder and president Trulia www.trulia.com Twitter: @samiinkinen Sami Inkinen is co-founder and president of leading online real estate company Trulia. com. Since 2005, according to Web metrics firm Hitwise, the site has become one of the top 10 most visited real estate websites in the U.S., with rental search, a rent-vs.-buy index, and an iPhone application that includes rental and sold listings. Besides running Trulia and its more than 380 employees, Sami is a world champion triathlete with five top finishes in the Hawaii Ironman competition. Inman News | Industry Special Report 33 100 Most Influential Real Estate Leaders: 2011 Todd John Chief operating officer Listingbook LLC www.listingbook.com Todd John joined Listingbook, an 8-year-old online real estate listings company, as chief operating officer in 2008. In October 2011, Listingbook released an “advanced intelligence” version of its property search platform, which streamlines, via enhanced client-tracking capability for agents, the road to signed contracts. Before joining Listingbook, John worked eight years in various divisions, including e-commerce and advertising at AOL. He also previously worked for Innovative Binding Inc., an on-demand hardcover publishing company he founded at age 25. John graduated with a bachelor’s degree in communications from Bethany College, where he was a three-year starter on the varsity basketball team and a member of the varsity golf team. Saul Klein Senior vice president Point 2 www.point2.com Twitter: @point2agent Facebook: Point2Agent Facebook: RealTown Real Estate Network Saul Klein is Senior Vice President of Point 2, a Saskatoon, Canada-based real estate technology company that syndicates listings from Realtor associations and MLSs in the U.S. and Canada to nearly 60 real estate consumer websites, search engines, classified sites and auction sites. This summer, Point2 launched a tool for real estate professionals to build their own websites. Site Builder provides customizable drop-down menus and content pages; built-in social media buttons for Twitter, Facebook, LinkedIn and MySpace; and 50 themes to choose from that can be tailored with company logos and colors as well as personal photos. The tool also integrates with Internet Data Exchange (IDX) websites. Site Builder is among several upcoming marketing products, called Express Tools, that Point2 plans to release over the coming months. The company now has nearly 240 partners in North America. Inman News | Industry Special Report 34 100 Most Influential Real Estate Leaders: 2011 Matt Lerner Chief technology officer Walk Score www.walkscore.com Twitter: @mrlerner Facebook Matt Lerner is the chief technology officer for Walk Score, a provider of neighborhood maps and data to the real estate industry. Over 10,000 sites use Walk Score maps and data. Walk Score helps users find a commute that fits their lifestyle whether they are driving, taking public transit, walking or biking. Lerner worked from 2001-07 in product development at Microsoft, and sold EQuill, a Web development software company, to Microsoft in 2001. He is a board member for the Sightline Institute, a Northwest think tank that has a mission focused on “strong communities, a green economy, and a healthy environment.” Mark Lesswing Senior vice president and chief technology officer National Association of Realtors www.realtor.org Mark Lesswing heads the technology center for the National Association of Realtors. Before joining NAR, he spent three years turning around struggling high-tech companies. He also founded and ran STR Consultancy in 1992. A post-undergraduate gig programming robots started him on his career in technology, which began at Sybase and Oracle. He is a frequent speaker on emerging technologies relevant to the real estate industry. Brock MacLean Executive vice president Dominion Homes Media www.dominionenterprises.com Brock MacLean was promoted to executive vice president of Homes Media Solutions, a newly formed division of Dominion Enterprises, in May 2011. MacLean, along with Homes Media Solutions Vice President Andy Woolley, is responsible for consolidating five real estate technology brands from Dominion Enterprises — eNeighborhoods, AgentAdvantage, Advanced Access, Number1Expert, and Homes.com — under the umbrella of Homes Media Solutions. MacLean also serves as senior vice president of national sales and development for For Rent Media Solutions, another Dominion division, and was instrumental in securing a partnership to become the exclusive provider of rental listings on Facebook Marketplace in 2011. Inman News | Industry Special Report 35 100 Most Influential Real Estate Leaders: 2011 Ian Morris President and CEO Market Leader www.marketleader.com Ian Morris, CEO of Market Leader (previously HouseValues) since 2003, helped direct the launch of a first-of-its-kind integrated-management platform in 2011 with Keller Williams Realty. The platform is known as eEdge. Also in 2011, Morris coauthored, with fellow 2011 Inman 100 appointee Steve Murray, “Game Plan: How Real Estate Professionals Can Thrive in an Uncertain Future,” a book that re-emphasizes the importance of top-quality agents in brokerage success. Before joining Market Leader as vice president of marketing and business development in 2002, Morris ran Microsoft HomeAdvisor for five years beginning in 1997 as director of marketing, group manager and general manager. He also holds an master’s degree in business administration from Harvard Business School. Craig Newmark Founder and customer service rep Craigslist, Craigconnects www.craigslist.com www.craigconnects.org Sixteen years after founding the ubiquitous online bulletin board and classifieds community Craigslist, which is now one of the top 10 most visited English-language websites in the world, Craig Newmark in early 2011 launched the philanthropic venture Craigconnects. Craig’s new organization vets charities, helps them use social media to connect with donors, and helps connect people to select groups of charities, including those that support military veterans, better journalism, open government, and others. In line with his new project, he’s a board member for the Sunlight Foundation, OneVoice, FactCheckED, and VotoLatino. He’s also still involved at Craigslist as a customer service representative. Spencer Rascoff CEO Zillow www.zillow.com Twitter: @spencerrascoff In his first year as CEO of Zillow, one of the largest online real estate search and marketing companies, Spencer Rascoff, also named Inman News Innovator of the Year in 2011, directed a greatly successful 2011 initial public offering for the company. Rascoff joined Zillow at its inception in 2005 as chief financial officer, then in 2008 was promoted to chief operating officer, and in September 2010 stepped in as CEO. He founded Hotwire.com, a discount travel site, in 1999, and worked for two years at Expedia when it bought Hotwire.com in 2003. From 1997-99 he was an investment banker at Goldman, Sachs & Co. Inman News | Industry Special Report 36 100 Most Influential Real Estate Leaders: 2011 James “Jim” J. Saccacio Co-founder and executive adviser Renwood RealtyTrac www.realtytrac.com James “Jim” J. Saccacio served as chairman and CEO of RealtyTrac, a company that focuses on foreclosure research and reporting, from October 2000 until stepping down in November 2011, when private equity firm Renovo Capital LLC took a majority stake in the company and announced new CEO Brandon Moore. Also, Renovo changed the company name to Renwood RealtyTrac. Major media outlets and government agencies use RealtyTrac-compiled foreclosure data — the company’s website draws an estimated 3 million unique monthly visitors. Saccacio previously worked for Transition Management Group, a turnaround specialty firm, and he also has worked in Bank of America’s corporate banking division as an assistant vice president. Errol Samuelson President Realtor.com www.realtor.com Errol Samuelson became president of Realtor.com in February 2007 and was appointed chief revenue officer of Move Inc., the website’s parent company, in May 2009. Samuelson has been with Move Inc. since 2003, where he previously served as president of Top Producer Systems, a Move subsidiary. Previously, Samuelson was director of sales, marketing and product management at GTE Enterprise Solutions. Inman News earlier this year honored Realtor.com’s Android app as the Most Innovative Mobile App in real estate — the app includes an Area Highlighter tool that allows users to draw a defined area on a mobile device’s screen to define a search area. Christian Sterner Co-founder and CEO WellcomeMat www.wellcomemat.com Twitter: @sterner Facebook Christian Sterner is co-founder and CEO of WellcomeMat, a video publishing platform for real estate professionals and brands that he helped to launch in July 2006. The platform counts more than 17,000 real estate professionals, as well as prominent real estate firms such as Halstead Properties and Prudential Douglas Elliman, among its customers. Earlier this year, WellcomeMat became the exclusive video platform for Luxury Portfolio, the luxury-home marketing program of global real estate network Leading Real Estate Companies of the World. In November, the Boulder, Colo.-based company formed a partnership with AOL subsidiary and video production company StudioNow that expanded WellcomeMat’s nationwide network of professional filmmakers to more than 8,000. Inman News | Industry Special Report 37 100 Most Influential Real Estate Leaders: 2011 Cary Sylvester Executive director of technology Keller Williams Realty International www.kw.com Twitter: @carysylvester Facebook Cary Sylvester, Executive Director of Technology for Keller Williams Realty International, is responsible for the strategic vision for the massive franchise company’s software platform. Early in 2011 the Austin, Texas-based franchise — in partnership with Market Leader and DotLoop — rolled out a platform called eEdge that includes transaction management services and online documents and signing. Speaking at the July 2011 Real Estate Connect conference in San Francisco, Sylvester urged offices to “go paperless” to free agents up to provide what’s most important: better customer service and more “time to be that relationship-builder in ... the business of real estate.” The eEdge platform was recognized by Inman News in its annual Innovator Awards this year as the Most Innovative Real Estate Website or Service in real estate. Inman News | Industry Special Report 38 Inman News Contributors Inman News Contributors Editor’s Note: Inman News would like to recognize the valuable contributions of its staff and contributors, including columnists and other writers for Inman.com and InmanNext, who were not eligible to be named to the Inman 100 list — Inman News employees, columnists and InmanNext contributors cannot be named to the annual list of 100 Most Influential Real Estate Leaders. We, and all of your readers, appreciate the insight and information you bring to real estate industry. Your words and advice regularly influence industry practitioners in profound ways. I nman N ex t c o n t ribu tors: Joel Burslem Joel Burslem founded the Future of Real Estate Marketing (FOREM) blog. He now works with 1000watt Consulting, a full-service digital marketing, branding and new media agency for the real estate industry. www.1000wattconsulting.com Twitter: @jburslem Brian Copeland Brian Copeland is a licensed broker and national recognized real estate speaker and trainer; a Mac enthusiast; and author of NashvilleandBeyond.com. Copeland is known for his creative home listing and marketing strategies. www.nashvilleandbeyond.com Twitter: @NashvilleBrian Gahlord Dewald Gahlord Dewald is president and janitor of Thoughtfaucet and a weekly tech columnist for Inman News. Dewald regularly sheds light on the usefulness and potential of emerging technologies, search engine optimization and analytics. www.thoughtfaucet.com/thoughtfaucet-for-real-estate Twitter: @gahlord Inman News | Industry Special Report 39 Inman News Contributors Jimmy Mackin Jimmy Mackin is the co-founder of The MLS App, a tool that allows agents to market their real estate listings on Facebook. Jimmy works to master Facebook’s potential. To connect with Jimmy visit him at www.Facebook.com/JimmyMackin. www.themlsapp.com Twitter: @themlsapp Michael McClure Michael McClure is the founder, president and CEO of Professional One Real Estate. He authors the P1Fran.com blog; is the founder and host of RaiseTheBar an online BlogTalkRadio program; and is a frequent national speaker on the topics of professionalism, branding and social media. Michael is dedicated and passionate about taking engagement to the next level. www.p1fran.com Twitter: @ProfessionalOne Jack Miller Jack Miller is chief technology officer and senior associate for The GoodLife Team. He is a technologist, business professional, and real estate agent who enjoys the intersection of technology, business, people and real estate. www.goodlifeteam.com Twitter: @jackmiller Maura Neill Maura Neill is a Realtor and partner in The Gebhardt Group. A lover of all things Atlanta, Maura is also founder and editor of Atlanta: 365 Days, 365 Things To Do, a hyperlocal travel resource and magazine for newcomers and natives. She knows how to build a business via social media. Maura is passionate about Atlanta, dark chocolate, musical theater, dark beer, shoes, and her Wonder Beagle, Charlie. www.atlantahomespotlight.com/maura_neill Twitter: @mauraneill Inman News | Industry Special Report 40 Inman News Contributors Nicoloe Nicolay Nicole Nicolay is founder and chief creative officer of Agent Evolution, a social media training and WordPress Web design company. She is also a co-author of MyTechOpinion.com and serves as industry educator, consultant and innovator. She is also a frequent emcee of Inman’s Agent Reboot events. www.agentevolution.com Twitter: @nik_nik Reggie Nicolay Reggie Nicolay founded real estate technology blog MyTechOpinion.com and is the social media director for the Realtors Property Resource (RPR), where he is responsible for brand monitoring and social media strategies. Reggie is a PC junkie: he enjoys building computers, loves code, and won’t convert to a Mac. Twitter: @ReggieRPR Darin Persinger Darin Persinger is the founder of Productivity Junkies, and a real estate coach and trainer. He helps agents increase their productivity and business development while utilizing social media and technology. www.productivityjunkies.com Twitter: @darinpersinger Suzanne Roy Suzanne Roy is lead contributor/writer for Tech Savvy Agent and owner of V.A. Work. Suzanne has been working within the real estate technology and social media field since 2002, assisting both brokers and agents with their online marketing and social networking needs. www.vawork.com Twitter: @SuzRoy Matthew Shadbolt Matthew Shadbolt is the director of interactive products and marketing at The Corcoran Group. He leads the charge in Corcoran’s initiatives for social media, advertising, video, mobile and search. www.corcoran.com Twitter: @Corcoran_Group Inman News | Industry Special Report 41 Inman News Contributors Jay Thompson Jay Thompson is the designated broker and co-owner of Thompson’s Realty, an independent real estate brokerage based in Phoenix. His award-winning blog, The Phoenix Real Estate Guy, is one of the most widely read real estate blogs on the Internet and a champion of online marketing. www.phoenixrealestateguy.com Twitter: @phxreguy Krisstina Wise Krisstina Wise is the owner of The GoodLife Team, a brokerage recognized for tech innovation and in real estate social marketing, social media practices, and other new media approaches. www.goodlifeteam.com Twitter: @krisstinawise I nman N ews c o lumnist s: Lou Barnes After five years as Marketing Manager of a mountaineering clothing and equipment manufacturer and retailer (a great way to enjoy your 20s), Lou Barnes built 45-broker, two-office Spruce Real Estate in Colorado from 1978-83, spending most of his time guiding the firm through extremely high interest rates. The world of money was more fun for him than real estate, and Barnes sold Spruce and joined investment banking ranks for five years as Managing Partner of RCM Government Securities, a broker-dealer working on the early flow of mortgages to Wall Street and their related derivatives. Kris Berg Kris Berg is an 11-year real estate veteran who, along with husband and partner Steve, is broker-owner of San Diego Castles Realty. She blogs at SanDiegoHomeBlog.com. Inman News | Industry Special Report 42 Inman News Contributors Steve Bergsman Steve Bergsman is among the top writers on the subject of real estate, property financing and real estate investing. For more than 25 years he has contributed to a wide range of magazines, newspapers and wire services around the world. Paul Bianchina For over 30 years, Paul Bianchina has been combining his two loves, building and writing. Contractor, author, and nationally syndicated columnist, Paul provides his readers with practical home improvement advice that’s written in a clear and easy to understand style. Teresa Boardman Teresa Boardman is a Realtor for Saint Paul Home Realty in St. Paul, Minn. She blogs at StPaulRealEstateBlog.com and she is an avid photographer — her blog displays thousands of her photos. Alisha Alway Braatz Alisha Alway Braatz is a buyer’s broker with Coldwell Banker Advantage One Properties in Eugene, Ore. She graduated from Pepperdine University with a degree in Advertising and Creative Writing. She really, really wanted to have Miami Herald humor columnist Dave Barry’s job, but apparently there were already too many journalists writing about exploding squirrels. While that job was taken, she still mixes humor into her columns — she has performed as a comedian and wrote a weekly humor column in the real estate section of her hometown newspaper in Bend, Ore. Bill and Kevin Burnett Bill Burnett, 52, lives in Oakland, California and works at the San Francisco Chronicle where he is assistant real estate editor. Along with other duties, he writes about renovation and remodeling. In 2002 his column, “Sweat Equity,” was judged best in the nation by the National Association of Real Estate Editors. Bill bought his first house for $12,000 in 1974 in Spokane, Washington. Since then he has bought, renovated and eventually sold a half-dozen others. He is currently working on plans to build an 800-square-foot in-law addition to a home he owns in Boise, Idaho. Inman News | Industry Special Report 43 Inman News Contributors David Fletcher David Fletcher, a Florida real estate broker for more than 30 years, is a veteran newhome co-broker. He has sold more than $3 billion as broker of record for more than 70 communities, including condominiums, preferred builder programs, and as master broker for a TPC (Tournament Players Club) golf course mixed-use community. Lenders have called on him for his asset disposition advice for 27 communities. Stephen Fishman Stephen Fishman received his law degree in 1979 from the University of Southern California. He has worked in private practice, specializing in small business, tax and intellectual property law. He also served as a deputy commissioner with the California Department of Real Estate in the 1980s — a particularly exciting time for the real estate industry. He is the author of 18 books published by Nolo Press. Tom Flanagan Tom Flanagan is director of information technology at Residential Properties Ltd., a real estate brokerage in Providence, R.I. Founded in 1981, the company has five offices and 160 sales associates. A graduate of the New England Institute of Technology, Tom has a wide range of knowledge in technology, online platforms and new media, with emphasis on design and usability. Tom has been a speaker at both local and national events, covering such topics as social media, branding and usability. Natalie Fonseca Natalie Fonseca is the owner of SageScape, a privately held company she founded in 2003 that specializes in producing executive-level conferences for the technology industry. She has contributed to the success of dozens of conferences, including The Wall Street Journal’s All Things D conference, VS!Live, the eBay/PayPal Developers Conference, BlogOn and Innovate!Europe. In addition to being the co-founder and executive producer of Tech Policy Summit and the Privacy Identity Innovation conference, she also develops the program for Inman News’ Data Summit and Real Estate Connect. Inman News | Industry Special Report 44 Inman News Contributors Arrol Gellner Arrol Gellner is a practicing architect with 30 years’ experience in residential and commercial architecture. He is a graduate of the College of Environmental Design at the University of California at Berkeley. Gellner’s column, Architext, appears in newspapers nationwide, include the Chicago Tribune, Los Angeles Times and San Francisco Chronicle. Gellner is the author of several books on historic architecture. He is also a frequent speaker on design subjects, and has served on panels with some of California’s most distinguished architects. Robert Griswold Mr. Griswold is the author of the best selling book in the world on property management - Property Management for Dummies which has sold over 75,000 copies and has been adapted to many countries from Great Britain to China. He is the co-author with Eric Tyson of Real Estate Investing for Dummies which is also the top seller in its category since it was published in late 2004. Jack Guttentag He is Jack M. Guttentag, now Professor of Finance Emeritus, formerly Jacob Safra Professor of International Banking, at the Wharton School of the University of Pennsylvania. Earlier he was Chief of the Domestic Research Division of the Federal Reserve Bank of New York, on the senior staff of the National Bureau of Economic Research, and managing editor of both the Journal of Finance (1974-77) and the Housing Finance Review (1983-89). Ken Harney Kenneth Harney writes a nationally syndicated column, “The Nation’s Housing,” and has received numerous professional awards, including multiple Best Column awards from the National Association of Real Estate Editors, and the Consumer Federation of America’s Consumer Media Service Award for “invaluable and unique contributions to the advancement of consumer housing interests.” Harney’s columns are closely read on Capitol Hill and by federal regulators. Several have led directly to changes in federal law. Inman News | Industry Special Report 45 Inman News Contributors Dian Hymer Dian Hymer has been a top-producing and award-winning real estate agent in the San Francisco Bay Area for more than 30 years. She is a licensed real estate broker and a Certified Residential Specialist. She has represented home buyers and sellers in more than 500 real estate transactions. Her nationally syndicated real estate advice column, “House Hunting,” appears regularly in newspapers, including the Oakland Tribune, the Sacramento Bee, the Chicago Sun Times, the Denver Post, the Herald Mail and the Houston Chronicle, as well as on Internet sites. Benny Kass Benny Kass is a practicing attorney in Washington, DC and in Maryland and is senior member of Kass, Mitek & Kass, PLLC. He has a degree from Northwestern Medill School of Journalism, a law degree from the University of Michigan Law School, and a Masters in Law from George Washington University Law School. Tom Kelly As author, nationally syndicated newspaper columnist and talk-show host, Tom Kelly has carved a niche as one of the leading journalists specializing in second homes. His ground-breaking book, How a Second Home Can Be Your Best Investment (McGrawHill, written with economist John Tuccillo) showed consumers and professionals how one additional piece of real estate could serve as an investment, recreation and retirement property over time. Tara-Nicholle Nelson Tara-Nicholle Nelson is a Real Estate Broker, Attorney and Accredited Buyer’s Representative. She is the Founder and Chief Visionary of www.REThinkRealEstate.com, the savvy woman’s real estate resource. Janet Portman Janet Portman, author, attorney, and nationally recognized specialist in landlord/tenant law, is managing editor at Nolo, the nation’s recognized leader in providing legal information for consumers and small businesses. Portman oversees editorial work on all Nolo books and software. She is the author or co-author of Every Landlord’s Legal Guide, Every Tenant’s Legal Guide, and LeaseWriter Plus software, plus six other books, all published by Nolo. Inman News | Industry Special Report 46 Inman News Contributors Bernice Ross Nationally syndicated columnist, author, trainer, and speaker, Bernice Ross couples her expertise as a Master Certified Coach with 30 years of real estate sales experience. From 1993 to 1997, she served as Executive Director of Training for the 4,000 agent Prudential Jon Douglas Company. Barry Stone Barry Stone began his career in 1969 overseeing and partaking in the building and design aspects of residential construction projects. In 1978, having received his general contractor’s license, Barry ventured into his own construction and remodeling business. During this time, his exposure to indiscriminate violations and loose interpretations of the Uniform Building Code by tradespersons and contractors heightened his awareness of the vulnerability of consumers in these areas. Mary Umberger Mary Umberger is an independent journalist who has covered real estate since 1995. In her long career at the Chicago Tribune she has covered every aspect of the housing market, from the basic how-to-buy-a-home story to an exploration of the trials and travails at Fannie Mae. She continues to write a column (that has won the National Association of Real Estate Editors’ prize for Best Column three times) for the Tribune. For more than six years, she has broadcast “Real Estate Minute” segments on Chicago radio stations. © 2011, Inman Group, Inc. All rights reserved. All trademarks are the property of their respective companies. Purchasers of this report may make one attributed copy or slide of each figure contained herein. Additional reproduction or distribution of this report in whole or in part is strictly prohibited. For information about group purchases or other distribution options go to www.inman.com. Inman News • 1100 Marina Village Parkway, Suite 102 • Alameda, CA 94501 Phone: 510.658.9252 • Fax: 510.658.9317 • www.inman.com THIS REPORT IS COPYRIGHTED. REPRODUCTION OR DISTRIBUTION IS PROHIBITED. Inman News | Industry Special Report 47