What lawsuits could be filed next to regulate the real estate industry and how could that impact you? Joining us today is Tim Dain, the President and CEO of NorthstarMLS, who was also one of the few people from the real estate industry to attend the Minnesota School of Law “open forum” regarding the NAR settlement recently, where he was mostly surrounded by class action lawyers, attorney generals and others who want to file further legal claims to regulate the business. James and Keith don't shy away from the uncertainty facing the industry today, bringing you Tim's first-hand perspective on this event's key takeaways, his insights on leveraging big data (such as knowing the serial number of every appliance in the home and what could you do with that information to enhance consumer experiences), and the future of the MLS.

Check out NorthstarMLS on - Facebook - Instagram - LinkedIn - X - YouTube or visit them at northstarmls.com.

Click here for the Commission and Compensation Study done by Bright MLS about steering in the industry. And check out a breakdown of that study with our previous episode The True Value of the MLS.

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This podcast is produced by Two Brothers Creative 2024.

Balancing Real Estate Data Privacy and Information Sharing