So we had a schedule mixup, but that meant James and I were both free for an hour. So we decided to record our conversation.
We discuss the current state of the real estate industry, focusing on the implications of the Clear Cooperation Policy (CCP), informed consent, and the responsibilities of agents.
We talk quite a bit about the impending consolidation in the real estate industry, the challenges faced by small independent brokers, and the evolving role of MLS in the marketplace. We talk about Rocket-Redfin, about CoStar/Homes, about Realtor.com, about many of the largest players. We touch on AI, on Associations, and on leadership.
Overall, one of the best conversations I’ve had in recent memory. Hope you’ll enjoy it as much as we did.
Chapters
00:00 Introduction
03:03 The CCP Debate and Legal Implications
05:56 Informed Consent and Agent Responsibilities
09:02 Market Dynamics and Consumer Protection
11:55 Historical Perspectives and Industry Evolution
15:00 The Future of MLS and Consumer Choices
18:02 Personal Anecdotes and Industry Insights
21:03 The Future of Small Independents in Real Estate
24:49 The Domino Effect of Industry Consolidation
30:42 The Role of MLS and Market Dynamics
35:30 Buyer Representation and Agency Challenges
39:55 The Impact of AI and Future Predictions
43:01 Brokerage Margins and Market Dynamics
44:34 The Impact of W2 Models on Real Estate
46:11 Disruption in the Brokerage Industry
49:30 The Future of Joint Ventures in Real Estate
51:44 Consumer-Centric Strategies in Real Estate
53:12 NAR's Potential Policy Changes
55:10 The Role of Leadership in Real Estate
57:32 Anticipating Industry Disruption
59:06 The Future of PropTech and Market Consolidation
Share this post