Industry Relations

Explore the aftermath of recent legal developments in the real estate industry in this engaging episode. The hosts guide you through the stages of grief experienced by the industry, emphasizing the importance of showcasing value and embracing adaptability. They discuss settlement strategies, the need for agents to communicate their value, collaborating and specializing in real estate, and the need for weak players to die out. Don't miss their upcoming year-end wrap-up and Christmas episode.

The podcast explores the importance of authenticity and relatable communication in the real estate industry. It discusses the need for NAR to shift its focus to home buyers and highlights the potential decline of NAR membership. The podcast concludes with a call to reform NAR and MLS for a stronger realtor association.

Sam DeBord challenges Rob and Greg on NAR's competency. Lack of communication and secrecy of NAR's legal strategy. Lack of communication on copycat lawsuits. Challenges, cultural issues, and financial implications of NAR membership. Criticism of NAR's legal strategy. The importance of caring and providing context. Passion for the Realtor's movement and civil disagreement.

Rob and Greg recap the NAR conference, share funny moments, and discuss the lack of contingency plans in the industry. They analyze copycat lawsuits and potential consequences, as well as the impact of a settlement decision made by NAR. The hosts use zombies as a metaphor for industry challenges and emphasize the need for preparation. They reflect on recent events, express uncertainty about the future, and extend well-wishes to the listeners.

The hosts discuss NAR's response to the Sitzer lawsuit and the potential impact on agents and brokers. They express frustration with NAR's lack of planning and communication. They speculate on the future of realtor associations and MLSs and discuss the potential consequences of breaking away from NAR. They also talk about negotiations, potential settlements, and the implications for realtors. They discuss CatchMark's interaction with the Department of Justice and a political candidate who could defund the deep state.

Mike Simonsen, an industry expert provides insights on the future of the industry. The podcast discusses the recent verdict in a lawsuit, potential insolvency of entities involved, lack of mainstream press coverage, and the financial implications of a settlement. Other topics include issues in the real estate market, settlement decisions, implications of an injunction, impact of recent news on Zillow, and preparing for copycat losses.

Hear reactions to Gary Keller's testimony in the Sitzer Burnett lawsuit. Discover insights on the potential impact of the lawsuit on the real estate industry. Learn about the lack of awareness regarding negotiability of contracts in real estate. Speculate on the motivations of pillars of society involved in the case. Discuss the judge's ruling and upcoming week of the trial. Explore the creation and popularity of the '#SitzerBurnett' hashtag. End with an ad for 'Content in a Box' by 'Two Brothers Creative'.

A high-stakes trial in the real estate industry called Burnett v. NAR is discussed. The potential disruption for home sales, the application of the 'per se' standard, and the challenges faced by the Burnett are explored. The pivotal role of the Multiple Listing Service (MLS) is also analyzed.

How valuable is it to be a member of the National Association of Realtors? On this episode of #IndustryRelations, Rob and Greg discuss the value of being a member of the National Association of Realtors (NAR). Will the recent announcements of Redfin leaving and other franchisors taking away the requirement for franchisees being NAR members make a big difference in member count? Greg also shares his firsthand experience at this year's CMLS conference in New Orleans, providing insight into the current state of the MLS industry.    Follow this link to subscribe to Industry Relations YouTube page Listen to the podcast on Apple Listen to the podcast on Spotify Connect with Rob and Greg:  Rob’s Website Greg’s Website Our Sponsors:  Notorious VIP This podcast is produced by Two Brothers Creative 2023.

The hosts dive into the ever-evolving landscape of the MLS industry. They discuss the need for innovation to tackle the perceived overabundance of Multiple Listing Services. Personal anecdotes reveal historic relationships formed at industry events, while financial challenges are highlighted, emphasizing shifts in revenue generation. The impact of technology and emerging players like Zillow on profitability models is examined. Amidst resistance to change, the conversation encourages proactive strategies for future growth and adaptation in this dynamic market.