In this episode of Real Talk, I speak with Jack Ryan, CEO of Rex Homes. We discuss:
* Jack’s views on how the Residential Brokerage Industry is a bigger cartel than OPEC
* Current status of antitrust litigation concerning residential brokerage commissions
* Jack’s book – “Bringing Adam Smith Into the American Home: A Case Against Home Ownership"
Learn more about Jack Ryan:
* Connect with Jack on LinkedIn: https://www.linkedin.com/in/jack-ryan-25b918160/
* Check out Jack’s book: https://www.simonandschuster.com/books/Bringing-Adam-Smith-into-the-American-Home/Jack-Ryan/9798888451946
* Visit Rex Homes’ website: https://www.rexhomes.com/
Key moments:
0:31 - Intro
3:10 – About REX Homes
6:12 – The status of residential commission litigation
9:32 – Illegal tying agreements and buy side fees
15:31 – Benefits of REX Homes and how they different from others in the industry
20:26 - Residential Brokerage Industry as a cartel
21:36 – Next steps for REX Homes and its litigation with Zillow
27:21 – About Jack Ryan’s book, “Bringing Adam Smith Into the American Home: A Case Against Home Ownership"
32:56 – Jack’s career transition from finance to real estate
***********************************
In each episode of Real Talk: Real Estate Discussions, Andrew Kirsh interviews industry leaders to learn their real-time opinions on today's market, their background and unique career highlights, and guidance for newcomers to the industry.
Don't miss an episode of Real Talk:
* Listen on Apple Podcasts: https://apple.co/3GT1hoM
* Listen on Spotify: https://spoti.fi/3OQrd6j
* Listen on Anchor: https://podcasters.spotify.com/pod/show/andrew-kirsh2
* Listen on Listen Notes: https://lnns.co/7ICHmPQyXnU
Andrew Kirsh is a founding partner of Sklar Kirsh LLP and is the Chair of the firm’s Real Estate Department. Sklar Kirsh LLP is a boutique law firm providing services in corporate law, real estate, entertainment, bankruptcy, and litigation.
* Connect with Andrew on LinkedIn: https://www.linkedin.com/in/andrewkirsh/
* Connect with Andrew on Twitter: http://www.twitter.com/atkirsh
* Visit Andrew's business website: https://www.sklarkirsh.com/professionals/andrew-t-kirsh
* Follow Sklar Kirsh LLP on LinkedIn: https://www.linkedin.com/company/sklar-kirsh-llp/
* Follow Sklar Kirsh LLP on Instagram: https://www.instagram.com/sklarkirsh/
Real Talk: Real Estate Discussions with Andrew Kirsh