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I felt compelled to make a comment on the Tech Crunch blog in response to what was being said about online real estate. I wrote that “It is estimated that approximately 15% of all property for sale in the US is FSBO (for sale by owner). Online real estate in 2008 is like travel in 1998 – and FSBO is the stepchild of online real estate. Everybody knows that real estate is one of the largest industries on the planet in the offline world. As long as more gurus and dollars are invested in online music, video, travel, and job search, it should be no surprise that online real estate will continue as a dwarf vertical.”