Will Commission-Sharing Sites Thrive Amidst DOJ Ruling? | The Real Word 321

Byron Lazine and Nicole White discuss the rise of commission sharing sites—specifically Nesthook.com and Listingsplit.com—the acquisition of Xome (DIY sales platform) by Mr. Cooper Group, and how Xome compares to Opendoor

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Connect with Byron Lazine:

https://www.instagram.com/byronlazine

Connect with Nicole White:

https://www.instagram.com/nicolewhite.ct/

This episode's sources:

https://www.marketwatch.com/story/nearly-55-000-home-sellers-to-receive-62-million-in-refunds-from-opendoor-76cbe6a9

https://www.housingwire.com/articles/mr-cooper-group-subsidiary-launches-diy-sales-platform-no-agent-needed/

https://www.inman.com/2024/06/03/commission-disclosure-platform-aims-to-sidestep-nar-mls-rules/

https://www.realestatenews.com/2024/06/03/commission-sharing-sites-are-cropping-up-will-they-last

Resources mentioned:

https://listingsplit.com/

https://www.nesthook.com/

https://www.mrcooper.com/

https://www.mrcoopergroup.com/

Timestamps:

00:00–01:15 Intro

01:15 Racket 1: Commission-sharing sites are cropping up

03:35 “Here’s an interesting thing about domains….” (DNJournal.com)

06:04 Listingsplit.com and Nesthook.com (commission sharing sites)

11:29 Knowledge Brokers pod mention (from last Friday, 05/31/24)

12:33 “There’s absolutely nothing creative about this…” (Miller)

13:08 “Stop Zillow” - mention from episode one of Real Word

14:58 Taking the websites one by one, starting with Nesthook.com

16:49 Listingsplit.com (geared towards sellers and buyers)

20:33 Racket 2: Mr. Cooper Group subsidiary launches DIY sales platform

23:36 What is Mr. Cooper Group?

24:33 Headline of article on Xome acquisition and comparison to Opendoor

28:42 “Is Xome stopping with investors or…?”

31:51 Live YouTube Objection Handling event Thursday at 3 pm ET

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#commissions #Zillow #Opendoor