Redfin v. NAR, Housing, Squatting & Sex Talk

Oct 10, 2023

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Redfin can't cut ties will the National Association of Realtors ("NAR") because they have a monopoly over the Multiple Listing Service or "MLS." The MLS is a database established by cooperating real estate brokers to provide data about properties for sale and it is under the sole dominion and control of NAR. The MLS allows Realtors to see one another's listings of properties for sale with the goal of connecting homebuyers to sellers. There is only one problem, you have to belong to NAR to have access to it. Chris, Saied and Haroon get in to and give you their perspective of how this looming fight may shake out. Saied then pivots to an article by the Wall Street Journal in which they break down the elements of why your home may not be selling. Lastly, Chris goes deep on the Brentwood Airbnb tenant who has refused to leave and has not paid rent in over 540 days that made national headlines. Also, fun fact, Haroon belongs to a very curious WhatsApp thread titled "Sex Talk" which he states he uses the end-to-end encryption service to talk to friends about "sports." Does he have a valid excuse? Tune in to find out...

Resources:

NAR’t so easy: MLS control means partners can’t make a clean break (The Real Deal)

Why Is Your Home Not Selling? 5 Reasons It’s Sitting on the Market (Wall Street Journal)

Brentwood Airbnb tenant refuses to leave or pay rent for 540 days (The Real Deal)

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