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Book Description

Driving home one day, I was listening to NPR's program All Things Considered on the radio. A story about the housing market came on the air. It was introduced by one of the NPR announcers with an audience background in one synchronized monotone voice saying, "Real Estate is Local." I laughed ferociously and bellowed back at the radio, "Real Estate Is Global not Local!"

Leong's Law: As the number of connected users increases, the ability to discover and identify any real property information globally directly and proportionally increases which eventually causes all real property to be no longer local but global.

This book describes and depicts how real estate went from a local market industry to a global marketplace. It will also prove the law that all real estate is global and granularly details the invisible forces behind today's Web in detail and how they affected the real estate industry, a global marketplace.

Table of Contents

Preface

Why Read This Book?

This Book's Audience

Organization of This Book

Conventions Used in This Book

Getting This Book

Request for Comments

Acknowledgements from Corey

I. Introduction

1. The Human Network

2. Communications Network

3. Travel Network

II. The Web

4. Social Web

5. Geo Web

6. Mobile Web

III. Online Social Networks

7. First Generation: Friendster

8. Second Generation: MySpace, Facebook, and LinkedIn

9. Third Generation: Virtual Worlds

10. The Online Social Effect on Real Estate

IV. Information, Information, Information

11. Leong's Law: Real Estate Is Global

Appendix A. DNS

Glossary

Index

About the Author

Corey is the Founder and President of the Real Estate Metaverse Association. He is an active member of the Real Estate Educators Association and the Organization for the Advancement of Structured Information Standards. He currently serves on the Online Reputation Management Systems(ORMS) TC, Docbook TC, Darwin Information Typing Architecture (DITA) TC, Open Building Information Exchange (oBIX) TC, and REEA TC.

Corey first entered into the real estate industry in 1999 as a sales agent, then in 2001 acquired his broker's and real estate instructor's licenses. In 2003, Corey allowed all of his licenses to expire to begin research and work on a neutral and level playing field known as OpenMLS. Each year Corey gives talks on his work at nationally known conferences such as Inman Connect, ARELLO, and ALTA.

He lives in Orlando, Florida.