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Industry Relations

Latest episodes

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25 snips
Mar 20, 2024 • 42min

A Multi-Million Dollar Settlement: Unpacking NAR's Landmark Deal with the DOJ

Dive into a groundbreaking settlement between NAR and the DOJ, shaking up the real estate world. Explore the implications for referral networks, MLSs, and member compliance. Uncover the potential changes in steering practices, online platforms, and commission rates. Get ready for a new era in real estate practices and regulations.
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12 snips
Mar 13, 2024 • 48min

Is the Real Estate Industry Getting Their Mojo Back?

The podcast delves into the future of real estate commissions, including concessions and steering issues. They discuss the need for improved buyer agreements and the impact of government regulations. Additionally, they explore the myth of the Australian model and propose solutions to industry complexities. In a fun twist, they brainstorm an app for arranged marriages called 'Tinder for Parents.'
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Feb 28, 2024 • 53min

Does NAR have a competence problem?

Delving into the challenges faced by NAR, the podcast touches on insurance dilemmas, leadership competency crises, and the need for transparent communication. The discussion highlights financial strains on local associations, legal risks in real estate, and the impact of lacking crisis navigation skills. Critiques of NAR's handling of controversies, concerns over media exposure, and the call for competent leadership are emphasized throughout the episode.
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20 snips
Feb 21, 2024 • 58min

DOJ Drops Statement of Interest in the Nosalek Case

The podcast discusses the Department of Justice's stance on the MLS settlement, affecting agents' commissions and the need for innovation. It explores steering practices in real estate, the evolution of commission rates, and the importance of raising ethical standards in the industry.
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Feb 14, 2024 • 52min

Super Bowl Ripples

The podcast discusses Homes.com's Super Bowl ad campaign and its potential impact on industry giants like Zillow. They also explore the real estate industry's ongoing legal battles and how they may reshape the future for real estate professionals. The hosts discuss the financial advantage and impact of Zestimate and delve into a legal argument related to a famous case of indirect purchasers. They also touch upon the fear and caution surrounding legal issues in business and the importance of settling.
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28 snips
Feb 7, 2024 • 57min

The FCC’s New Rules on Lead Aggregators & Real Estate

The podcast discusses the FCC's new rules on lead aggregators and their impact on real estate professionals. The speakers delve into topics such as obtaining consumer consent, exceptions to automated messages, the potential penalties for lead generators. They also touch on the challenges posed by foreign entities, the importance of understanding and diversifying lead sources, and the discussions surrounding commission laws and spam.
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Jan 31, 2024 • 54min

Free Advice to AREA: Focus on Professionalism

In this episode of Industry Relations, Rob and Greg discuss the potential showdown between NAR and the American Real Estate Association (AREA), an alternative to NAR. They also talk about the importance of professionalism in the industry, the motive behind luxury agents' opposition to the clear cooperation policy, and the idea of creating a new brand for realtors. The speakers emphasize the need for collaboration and express hopes for future updates and a potential CEO for a national organization.
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9 snips
Jan 24, 2024 • 47min

Why Smaller Associations & MLS Organizations Should Make a Deal Soon

The podcast discusses the new FCC rules on lead generation in the insurance and real estate industries. They analyze the implications for platforms like Zillow and Redfin, as well as the challenges of buying and selling lists. They also touch on MLSs' curiosity and skepticism, potential lawsuits against title companies, and the importance of collaboration and general counsel. The hosts reflect on past predictions and hint at future implications of the FCC.
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9 snips
Jan 17, 2024 • 57min

Does the industry need so many REALTORS?

The podcast discusses the saturation of the real estate industry with REALTORS, examining the number of agents with little to no transactions and the implications. They explore applying SaaS metrics to real estate, the reliance on real estate as a source of income, and professionalism within trade associations. They also discuss the consumerization of real estate, MLS transformation, challenges in leadership and accessible membership, and introduce 'Content in a Box' as a marketing alternative.
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20 snips
Jan 10, 2024 • 58min

Impact and Consequences of the Zillow Lawsuit

Rob and Greg explore the Zillow lawsuit against MLSs, discussing the impact on technology distribution and MLS system integration. They delve into the challenges faced by MLSs and the potential consequences for competition. The speakers also discuss the lack of standards for information swapping and the confusion surrounding Errol's role in the Showing Time acquisition. Additionally, they examine the power dynamics between Zillow and the National Association of Realtors, expressing concerns about potential consequences and industry bullies.

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