Industry Relations

It ain't over yet

Jan 15, 2025

Rob and Greg dive into the Supreme Court's denial of NAR's cert petition and its implications for DOJ's antitrust investigations. They discuss ongoing commission lawsuits and potential impacts on first-time homebuyers. The hosts explore rising housing market pressures, including costs and inventory shifts affecting rentals and sales. They also highlight upcoming events like the MLS Reset Conference and their first live stream, setting the stage for a transformative chapter in real estate.

46:16

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Quick takeaways

The Supreme Court's denial of NAR's petition opens the door for DOJ's antitrust investigations, potentially reshaping real estate regulations.

Ongoing commission lawsuits signify that the landscape of transaction fees is evolving, possibly leading to reduced fees and increased competition.

Deep dives

The Importance of Client Engagement in Real Estate

In the current challenging real estate market, maintaining buyer motivation and loyalty is essential for agents. The One Home platform by CoreLogic emerges as a valuable tool that enhances client collaboration and data integration, ensuring a seamless experience for users. With its impressive customer satisfaction ratings and high repeat visit percentage among national real estate portals, One Home is positioned to significantly boost engagement among buyers. Agents are encouraged to advocate for its adoption within their MLS to provide clients with a superior and competitive edge.

Intro

2min

Wildfire Woes and Community Resilience

4min

Supreme Court Ruling on NAR and Its Consequences

3min

Navigating Antitrust Shifts

8min

Navigating Negotiations and Real Estate Dynamics

17min

Legal Battles in Real Estate

6min

Challenges in Coastal Real Estate Reconstruction

2min

Navigating the Real Estate Shift

6min

In this episode of Industry Relations, Rob and Greg navigate the fallout from key legal decisions and the broader implications for the real estate industry. They analyze the Supreme Court’s denial of NAR’s cert petition, its potential effects on DOJ actions, and how shifting dynamics—such as commission lawsuits and housing market pressures—might reshape the landscape. The conversation also previews upcoming events and industry challenges that will define the next chapter of real estate.

Key Takeaways

• Supreme Court Denies NAR’s Petition: What this decision means for DOJ’s antitrust investigations and future legal battles.

• Commission Lawsuits Continue: Why the litigation isn’t over and what could come next, including potential first-time homebuyer class actions.

• DOJ’s Goals: Rob and Greg speculate on what the Department of Justice ultimately wants for the real estate industry, including reducing transaction fees.

• Housing Market Pressures: Rising costs, insurance challenges, and inventory shifts, including their impact on rentals and sales.

• Upcoming Events: The MLS Reset Conference and the first-ever Industry Relations live stream scheduled for February 7th.

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