Industry Relations

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.

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.

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.

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.

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.

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.

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.

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.

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.

In this holiday special episode of Industry Relations, hosts Rob and Greg unwrap their naughty and nice list for the real estate industry, praising Jerome Powell and acknowledging Sam de Borde as a good defender of NAR. They discuss the successes of new home builders Kevin Oakley, Ryan Schneider, and Dave Linniger. The speakers analyze individuals on their 'naughty' and 'nice' lists, highlighting the accomplishments of advocates for reform and criticizing controversial tactics. They recognize the contributions of two MLS CEOs and emphasize the need to eliminate 'bad apples' in the industry. The episode ends with well wishes for the holiday season.