
Industry Relations
Year-in-Review: What Will the 2024 Real Estate Industry Look Like?
Dec 29, 2023
Rob and Greg reflect on the changes in the real estate industry in 2023, discussing mergers and acquisitions, lawsuits, and settlements. They predict the future of the industry in 2024, including the prevalence of AI and changes in compensation policies. They also explore the anticipation of the Sitzer injunction and speculate on Bob Goldberg's departure from NAR. The podcast ends with a debate on the credibility of government numbers and predictions for the wild housing market in the 2024 election year.
01:04:40
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Quick takeaways
- The podcast discusses the impact of lawsuits and settlements on real estate companies in 2023.
- The hosts predict potential bankruptcies in the real estate industry in the upcoming year.
Deep dives
Podcast Episode Review
This podcast episode reviews the events and predictions for the year 2023. The hosts discuss the departure of industry leaders, the impact of lawsuits on real estate companies, the outcome of the NAR vs. DOJ case, and the state of the housing market. They also cover the effects of the Rapa Tonia outage, the rise of AI in the industry, and the changing landscape of MLS. The episode concludes with predictions for home sales, NAR membership, and the possibility of bankruptcies in the real estate industry. Overall, the hosts provide a comprehensive review of the major events and insights from the year in real estate.
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