Industry Relations

47:30

Whadup with dat PDAP?

Industry Relations ·

2024/10/09

Many people don't know or understand NAR's PDAP. PDAP stands for Participant Data Access Policy. And PDAP is at the heart of today's episode. Rob and Greg dive deep into the topic of who actually owns MLS data. The answer, as it turns out, really depends on who you ask. But we’re living in a new world where private MLS ownership is becoming a reality, and also what are those second order consquences? Greg also catches up with Rob about Rob's meetings with brokers and their opinions on MLS data

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59:06

Tales from the Road

Industry Relations ·

2024/10/02

After missing a recording last week (due to travel schedules) the boys are back with another jammed pack episode of Industry Relations. In this week’s episode Rob and Greg discuss recent Blueprint conference in Las Vegas, CMLS 2024 in Seattle and REColorado new subscriber agreement. And they sprinkle a little CCP talking points just for good measure. Watch us on YouTube! Pictures of Greg’s sister, Pilar, winning her own award Pictures of Greg presenting at CMLS 2024 HousingWire post on

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01:03:04

CCP Musings

Industry Relations ·

2024/09/20

On this episode of Industry Relations Rob and Greg discuss, for what seems to be the 17th time, the current rumors about the Clear Cooperation Policy. Rob recently posted a few thoughts on the subject and a few solutions to what seems to have the entire industry tied up in knots. What they soon realize, there are no easy answers. Watch us on YouTube! Connect with Rob and Greg: Rob’s Website Greg’s Website Our Sponsors: CoreLogic Notorious VIP The Giant Steps Job Board This podcast is produced

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01:03:35

Reading the tea leaves too early and what may be...

Industry Relations ·

2024/09/11

Rob and Greg are back to their regularly scheduled broadcast! The episode includes discussion on Landian, the new “a la carte” brokerage launched by Josh Sitzer, yes, that Sitzer. Rob discusses his recent Sub Stack post on “Amara’s Law and Real Estate” and how we shouldn’t read too much in to how things are going with the NAR settlement. The boys also discuss online dating, new business models, capitalism and agent count. But somehow they bring it all together. Watch us on You Tube! Connect

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57:46

Industry Relations Podcast: iOi, NAR's new CEO, the...

Industry Relations ·

2024/09/05

Greg joins Rob from Chicago where he was attending NAR's iOi Summit. Greg gives his experience of being at the iOi Summit and discusses the pitch battle and his favorite new app, Tuesday, and its founder Cole Boyer who won "Crowd Favorite". They go on to discuss NAR's decision to appoint Nykia Wright as their new CEO and if experience in organized real estate or connections in Washington D.C. really matter. As you can imgaine Greg and Rob have different opinions. They finish with discussing the

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01:00:44

Industry Podcast Mash-Up

Industry Relations ·

2024/08/28

Rob and Greg teamed up with James Dwiggins and Keith Robinson from the Real Estate Insiders Unfiltered podcast during the recent Inman Connect Las Vegas event. From the complexities of forms and commission sharing, to the pros and cons of state association forms, the guys got into it. They explored the potential for conspiracy charges in a post-settlement world and discussed the unintended consequences of recent MLS changes. They also tackled determining property value without compensation data,

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01:02:42

Ethics and Transparency in Communication

Industry Relations ·

2024/08/21

Are you up to date on the recent changes in MLS rules and buyer agency agreements? In this episode, Rob and Greg dive into the controversy surrounding these updates and discuss the ethical implications for agents. From forgery to enforcement, confusion to challenges, this conversation covers a lot of ground. They shed light on the need for a substantive approach to reform in the real estate industry, while addressing the loss of trust between practitioners and those making the rules. With potential

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58:22

Forgery & HOA Karens

Industry Relations ·

2024/07/31

Are you a real estate broker or agent grappling with the NAR settlement's requirement for written buyer agreements before showings? Rob and Greg dive deep into the controversy, debating the pros and cons of charging clients and exploring the potential consequences of non-compliance. They also discuss the evolving role of listing agents, the ethical dilemmas of dual agency, and the challenges of enforcing the new rules. Link to Melissa from Twitter Listen to the Industry Relations Podcast, available

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50:52

Meltdown: Is the End Near?

Industry Relations ·

2024/07/24

The August 17th deadline is almost here, and the industry is abuzz with talk of potential changes to MLSs and associations. Rob and Greg discuss the latest developments in the NAR settlement with the DOJ and its potential impact on compensation models, forms, and client relationships. With disruption looming, they delve into the hot topic of buyer agent commissions and agreements, as well as how to continue demonstrating value to clients in this ever-changing landscape. Listen to the Industry

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47:15

Industry Soup: Why the Human Touch Still Matters

Industry Relations ·

2024/07/17

What happens when industry news is quiet? Industry soup. In this episode, Rob and Greg discuss various topics with an effort to draw parallels to real estate. From their weight loss strategies and detailed plan for a 60-day weight loss regimen to Tesla cars and the emotional connection people have with their vehicles. This conversation covers a lot. Touching on simplicity in design and analog experiences in a tech-driven world. Rob and Greg explore the potential future of technology and the

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55:42

Real Estate Forms: Consumer-Friendly or Industry-Driven?

Industry Relations ·

2024/07/10

Are real estate forms truly consumer-friendly or are they just industry-driven? In this episode, Doug Miller and Wendy Gilch, Directors of CAARE (Consumer Advocates in American Real Estate), expose what they believe are the flaws in the current buyer agency agreements. From undisclosed dual agency to lack of cancellation clauses, these forms often prioritize the interests of industry competitors over consumers. Rob, Greg, Doug and Wendy explore potential solutions such as creating

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56:28

The REcolorado Acquisition: A Red Pill Moment for...

Industry Relations ·

2024/07/03

The recent acquisition of REcolorado by private equity firm GI Partners has sent shockwaves through the real estate industry. In this episode, Rob and Greg discuss the history of MLS privatization and the tensions between associations and MLSs. They shine a light on the lack of member control and power dynamics within the industry, exposing important truths about data ownership. This is a red pill moment for brokers and agents as they realize the potential risks and benefits of private equity

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49:43

Ethical Considerations: MLS's Role in Regulating...

Industry Relations ·

2024/06/26

Are you confused about the new MLS policy on commission disclosures and concessions? In this thought-provoking discussion, Rob and Greg dive into the challenges and potential solutions for agents and brokers. Learn about the ethical considerations involved in disclosing commissions to clients and renegotiating buyer agency agreements. Plus, gain insights into the role of MLS in regulating concessions and why further education is crucial. Don't miss out on this must-watch conversation that seeks

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57:24

The Disconnect in Interpretation

Industry Relations ·

2024/06/19

Are you struggling to understand the NAR settlement agreement and its implications for real estate transactions? Joining us in this thought-provoking episode is Ed Zorn, VP & General Counsel for CRMLS. Rob, Greg, and Ed talk about the disconnect between NAR's understanding and other lawyers' interpretations, and what it means for brokers and agents. They dive into topics such as the risk of coordinated action, liability concerns, and the role of MLSs in enforcing rules. They also discuss the

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52:30

The Vagueness of the Language and its Implications

Industry Relations ·

2024/06/12

You may have heard the recent statements made by Michael Ketchmark regarding the NAR settlement, but do you really understand the implications for offers of compensation?In this episode, Rob and Greg discuss the recent statements made by Michael Ketchmark regarding the NAR settlement. They analyze the settlement agreement and try to understand the implications for offers of compensation. They explore different interpretations of the agreement and the potential legal actions that could be taken.

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39:44

Bravery and Impact of the MLS Stance

Industry Relations ·

2024/06/05

Have you been keeping up with the latest updates in MLS policies? Rob and Greg break down the key details of Bright MLS's clear cooperation policy and NWMLS's decision not to remove compensation data from their system. But it doesn't stop there. They also dive into the potential legal consequences for fair housing violations and federal antitrust claims. They also touch on the Department of Justice's involvement, implications for the industry, and potential risks for Northwest MLS and other

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44:19

The Potential Implications of Dropping CCP

Industry Relations ·

2024/05/30

Are the rumors true? Is Bright MLS really going to drop the Clear Cooperation Policy (CCP)? Rob and Greg explore the potential implications of this decision, and speculate on the motivations behind it and its potential impact on NAR's authority over MLSs. They also talk about the importance of fair housing and transparency in listings, and how this decision could affect competition within the MLS industry. #BrightMLS #ClearCooperationPolicy #CCP #NAR #FairHousing #Transparency #Listings #Competition

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01:00:20

Portal Wars and Raising the Bar at NAR

Industry Relations ·

2024/05/22

Who is winning the portal wars? In this episode Rob and Greg talk about the future of the MLS and debate which company they would bet their life savings on – Zillow, REALTOR.com, or Homes.com. Providing insights into these key players of the industry. They also tackle updates on the NAR settlement and how new technologies are shaping the industry. Plus, don't miss their discussion on the influx of new agents in the industry and its effects on professionalism. From separating bad unethical agents

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45:07

Walking the Line - Words Matter

Industry Relations ·

2024/05/15

What is the difference between the threat of steering in an illegitimate way and being transparent and informing your client? In this episode, Rob and Greg discuss the difference between steering and fiduciary duty in real estate and other various topics including Greg's recent trip to Boston, Redfin's settlement with NAR, the enforcement of buyer showing agreements, and the potential actions of the DOJ. They also touch on the proposal for making housing affordable and the MLS execs walking out of a

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01:00:19

Zillow's Touring Agreement and Consumer Experience...

Industry Relations ·

2024/05/08

With buyer agreements having to take place before a showing and Zillow’s new touring agreement what will the end consumer experience be? In this episode, Rob and Greg discuss updates on the NAR settlement and Zillow's new touring agreement. They explore the implications of the settlement for big brokers and the role of the MLS policy committee. They break down Zillow's touring agreement and the industry's reaction to it, highlighting the friction it creates in the seamless consumer experience

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