Realtor Information Network (RIN) REALTOR.COM

Brad Inman's Take on RIN/REALTOR.com

If you haven’t read Brad Inman’s perspective on the creation of RIN and REALTOR.com, he adds a great amount to the narrative. RIN/REALTOR.com was an incredible opportunity for Inman News, and Brad knew how to maximize the opportunity.

He wrote almost daily about RIN and REALTOR.com back in the mid-nineties. He was a journalist and his job was to unveil and expose the dark side, and yes, there was a dark side. We mentioned it in a few of our previous posts. Brad was a busy guy.

Every day Bob Goldberg, Perry Morton, Roy Rainey, Carl DeMuz, Walt Backowski, Jack Harper, John Reilly, and to a lesser degree Richard Janssen, and I would discuss what we read on Inman that day and how it compared to reality from our perspective in the trenches.

Everybody was reading Inman back then!

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Here is my take. In the mid-1990s, NAR formed the Realtor Information Network as a major technology initiative to win the minds of the Internet consumer. When all but RIN’s home listing piece fell into financial disarray, a brash, young and smart entrepreneur, Stuart Wolff, took it off the NAR leadership’s hands at a bargain price. But he left NAR with a good chunk of equity and, through a tight operating agreement, some control of the company’s fate. – See more at: http://www.inman.com/2013/07/25/the-full-catastrophe/#sthash.hF55Docl.dpuf

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