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In this episode of The Chicagoland Guide, Aaron Masliansky is joined by Nadia Evangelou, Senior Economist and Director of Real Estate Research at the National Association of Realtors®. They explore how global trade dynamics, tariffs, and macroeconomic shifts are impacting the U.S. housing market — and what that means for Chicagoland.Nadia shares insights from her latest research, including a closer look at which U.S. states are most reliant on exports and imports and how trade exposure influences job growth and home prices. They also discuss trends in interest rates, inflation, immigration, remote work, and foreign investment — and what signals to watch for in 2025 and beyond.Key topics:How tariffs affect construction costs and home affordabilityWhy Illinois and Chicagoland are highly exposed to global trade shiftsWhere mortgage rates might head by the end of 2025The growing importance of inventory and affordability for first-time buyersRemote work, office absorption, and what's next for downtown real estateHow changing immigration and foreign investment patterns could influence the housing marketOpportunities in the Chicago area condo marketResources mentioned:Nadia's NAR profile and articles: https://www.nar.realtor/nadia-evangelouBlog article discussed: https://www.nar.realtor/blogs/economists-outlook/which-states-rely-most-on-exports-and-imports-a-closer-look-at-the-numbers-behind-tradeConnect with Nadia on LinkedIn: https://www.linkedin.com/in/nadiaevangelou/ and Instagram: https://www.instagram.com/nadioula/Follow The Chicagoland Guide:Instagram: https://www.instagram.com/thechicagolandguide_/Facebook: https://www.facebook.com/thechicagolandguidenewThanks for listening! If you enjoyed this episode, please subscribe and leave a review. Thank you for listening to The Chicagoland Guide!For more insights into the best places to live, work, and explore in Chicagoland, visit thechicagolandguide.com. Connect with us on social media for more updates and behind-the-scenes content. If you have any questions or want to share your own Chicagoland stories, feel free to reach out! Don't forget to subscribe and leave a review if you enjoyed this episode.
The real estate industry is entering a new phase—one where rising interest rates, evolving buyer behavior, and industry-wide legal settlements are shaping the future. If you're in the title or real estate business, you need to know what's coming. Dr. Lawrence Yun, NAR's Chief Economist, joins the show to break down the biggest economic trends affecting home sales, mortgage rates, and industry structure. Don't miss this deep dive into what 2025 has in store. What you'll learn from this episode How inflation and interest rates are impacting mortgage rates and buyer affordability Why home listings are increasing and what that means for buyers and sellers NAR Settlement: How new rules impact agents, commissions, and industry structure The impact of institutional investors on the housing supply How the national debt and government cuts could affect mortgage rates and real estate Resources mentioned in this episode National Association of REALTORS® PEW CONSULTANCY LTD Federal Reserve Board Federal Housing Administration - HUD Hillbilly Elegy by J. D. Vance | Paperback, Hardcover, and Kindle On Freedom by Timothy Snyder | Paperback, Hardcover, and Kindle About Dr. Lawrence YunLawrence Yun is Chief Economist and oversees the Research group at the NATIONAL ASSOCIATION OF REALTORS®. He supervises and is responsible for a wide range of research activity for the association including NAR's Existing Home Sales statistics, Affordability Index, and Home Buyers and Sellers Profile Report. He regularly provides commentary on real estate market trends. Dr. Yun creates NAR's forecasts and participates in many economic forecasting panels, among them the Blue Chip Council and the Wall Street Journal Forecasting Survey. He also participates in the Industrial Economists Discussion Group at the Joint Center for Housing Studies of Harvard University. He appears regularly on financial news outlets, is a frequent speaker at real estate conferences throughout the United States, and has testified before Congress. Dr. Yun has also appeared as a guest on CSPAN's Washington Journal. Dr. Yun received his undergraduate degree from Purdue University and earned his Ph.D. from the University of Maryland at College Park. Connect with Dr. Lawrence Website: Lawrence Yun LinkedIn: Lawrence Yun Connect With UsLove what you're hearing? Don't miss an episode! Follow us on our social media channels and stay connected. Explore more on our website: www.alltechnational.com/podcast Stay updated with our newsletter: www.mochoumil.com Follow Mo on LinkedIn: Mo Choumil
Brandon Wright is the Co-founder and CEO of Tongo, the company he co-founded to help Real Estate agents address cash flow challenges by providing financial tools such as a commission line of credit and a payroll solution to help stabilize their incomes and automate savings. With a deep understanding of the challenges faced by agents and commission-based earners, Brandon has led Tongo in creating innovative solutions that provide liquidity and flexibility, empowering users to manage cash flow effectively. He began his career at Smith Barney in Seattle, Washington, working under renowned contrarian value investor Jamie Dimon, current CEO of JPMorgan Chase. He then ventured into entrepreneurship, starting a coffee shop in Seattle. Brandon then pursued an MBA at Cornell and joined private equity firm Vista Equity Partners, where he implemented best practices across their software portfolio. Leveraging his experience, he co-founded a company that used AI to build decision engines for lenders, ultimately transitioning into developing a buy now, pay later solution for e-commerce called Catapult.(01:09) - Brandon's Journey in Financial Services(06:28) - The Birth of Tongo(07:48) - Challenges in the Real Estate Market(11:09) - Tongo's Financial Solutions for Agents(16:26) - Feature: Pacaso - Luxury vacation home ownership, elevated. Join Pacaso's growth and become an investor of a venture-backed company at Pacaso.com/invest(18:12) - Success Stories & Future Plans(21:32) - Lowering risk with data availability & efficient distribution(27:27) - Impact of NAR Lawsuit on Real Estate agents & investors(35:07) - Feature: Blueprint - The Future of Real Estate 2025(35:54) - NYC Housing Market & FARE Act(40:43) - Collaboration Superpower: Jamie Dimon (Wiki)
Click Here for the Show Notes ---------------------------------------------------------------------------------------------------------------- Summary In this episode of Ask Marco, Marco Santarelli discusses the recent legal actions against the National Association of Realtors (NAR) and their potential impact on the real estate market. He addresses a listener's question about how these changes might affect landlords and real estate investors, particularly in relation to commission structures and transaction costs. Marco emphasizes that while there may be some changes in how commissions are handled, the overall impact on real estate investing may not be as significant as some might hope. He concludes by encouraging listeners to stay informed and engaged in the evolving real estate landscape. ---------------------------------------------------------------------------------------------------------------- Timestamp 00:00 Introduction to the Episode 01:24 Understanding the NAR Lawsuit 03:40 Impact of Commission Changes on Real Estate 10:32 Future of Real Estate Transactions 12:28 Conclusion and Final Thoughts ---------------------------------------------------------------------------------------------------------------- Takeaways Changes in commission structures may lead to lower transaction costs. Buyers may start paying their agents directly, increasing transparency. The settlement could enhance affordability for first-time buyers. There may be a shift in buyer-seller dynamics due to commission changes. Real estate investors may not see dramatic impacts in the short term. The housing market may become more competitive and flexible. The legal settlement was seen as long overdue by many in the industry. The demand for rental properties remains high despite potential changes. Overall, minor changes are expected in the real estate industry. ---------------------------------------------------------------------------------------------------------------- Easy, stress-free, and personalized business formation for clever people with big ideas. Get your FREE LLC up and running fast and hassle-free ---------------------------------------------------------------------------------------------------------------- If you missed our last episode, be sure to listen to TBT: 10 Good Reasons to Invest in New Construction Properties Download your FREE copy of: The Ultimate Guide to Passive Real Estate Investing. See our available Turnkey Cash-Flow Rental Properties. Please give us a RATING & REVIEW (Thank you!) SUBSCRIBE on iTunes | Stitcher | Podcast Feed ---------------------------------------------------------------------------------------------------------------- Check Out These Links Norada Real Estate Investments Norada Capital Management #LearningRealEstate #AskMarco #PassiveRealEstateInvesting #Turnkeyproperties #RealEstatePodcast #Investment #investors #RealEstateInvestors #RentalProperties #TurnkeyProperties #NoradaRealEstateInvestments #NoradaCapitalManagement
Welcome to another episode of Founders Club! On this episode we'll be talking to John Joseph about the NAR Settlement and how to talk with clients about it. Connect with Founders Club Host Oliver Graf on Instagram: @OliverGraf360 In this episode of Founders Club, host Oliver Graf sits down with John Joseph, a top realtor, Mike Ferry Coach, and former VP of Prudential Real Estate. Together, they dive into the recent NAR Settlement and how it's reshaping the real estate landscape. John shares expert strategies for communicating with clients during uncertain times and offers actionable tips to handle objections with confidence. Do me a solid and… Leave a 5 star review! Find me on Instagram: @OliverGraf360 Founders Club TikTok: @FoundersClubPodcast Subscribe to my YouTube channel: http://www.youtube.com/c/OliverGrafTV Get on my VIP email list and get new episodes of Founders Club straight to you inbox: http://eepurl.com/g_L2Ev Book me to speak: https://olivergraf.tv/speaking Book a 1-on1 coaching session: https://calendly.com/olivergraf360/vip
Is the dream of homeownership slipping away? Joining us in this episode is Pete Mills, Senior Vice President of the Mortgage Bankers Association, to provide his expert perspective on the affordability crisis. We discuss the complexities of today's market, including the impact of interest rates, buyer agent compensation, and financing challenges. Pete sheds light on the role of local governments in addressing supply issues and explores innovative solutions for making homeownership more accessible. We also unpack how the Mortgage Bankers Association worked with the VA on the changes made post settlement and the Harris housing plan. This episode is packed with insights on the ever changing industry landscape. Connect with Pete on LinkedIn and learn more about Mortgage Banker Association at www.mba.org/home. Follow Real Estate Insiders Unfiltered Podcast on Instagram - YouTube - Facebook - TikTok. Visit us online at realestateinsidersunfiltered.com. Link to Facebook Page: https://www.facebook.com/RealEstateInsidersUnfiltered Link to Instagram Page: https://www.instagram.com/realestateinsiderspod/ Link to YouTube Page: https://www.youtube.com/@RealEstateInsidersUnfiltered Link to TikTok Page: https://www.tiktok.com/@realestateinsiderspod This podcast is produced by Two Brothers Creative 2024.
In this third episode of the series, Emily Pasi, Director of Public Affairs at the American Planning Association, chats with Kevin Sears, President of the National Association of Realtors. The two discuss how real estate professionals have been specifically impacted by the housing crisis, what barriers and opportunities exist for growing the nation's housing supply, and why it is important for NAR to be a partner in the Housing Supply Accelerator. Episode URL: https://planning.org/podcast/housing-supply-accelerator-an-interview-with-national-association-of-realtors-president-kevin-sears/
The NAR settlement has brought BIG changes for real estate agents but the BIGGEST one is how the real estate commission model is changing. In this episode, I break down the recent NAR settlement and its major impact on real estate commissions moving forward. If you're a real estate agent, this is crucial information you need to stay ahead of the curve and keep your business running smoothly.We'll dive into the new real estate commission rules, what's changing with the National Association of Realtors (NAR), and how these shifts will impact your listing presentations. You'll also learn how to handle commission objections with confidence, navigate post-NAR settlement scenarios, and position yourself as the trusted agent clients need in this new landscape.If you want to stay compliant, avoid potential fines, and understand exactly how to adapt to the NAR settlement and its effect on real estate commissions, this episode is for you.Watch now to ensure you're prepared for these big changes! Be sure to like this episode and subscribe for more on the NAR settlement and real estate!
The Equity podcast crew is wrapping up another eventful week, with real estate, AI agents, gambling, and secondary markets — which are, of course, a form of legalized gambling.Mary Ann Azevedo, Becca Szkutak, and Devin Coldewey started off this Friday's episode with the acknowledgment that the X/Twitter ban situation in Brazil is possibly too complicated an issue to even have an opinion on. Let us cook on that for a bit.In the deals of the week, Devin first talked about You.com's $50 million play to take on more difficult AI tasks, things that can't be solved with a quick Google search. The company is hoping to be the go-to for complex stuff that mixes live search, coding, and natural language understanding — and unlike a lot of its competition, some of its customers actually pay for themselves!Becca, as someone who hazards a buck on a game now and then, is intrigued by DubClub, a startup that claims to systematize and legitimize professional betting handicappers. These are folks who claim to be able to beat the odds, but tend to offer their services by more informal methods. Can DubClub make a clean business out of this popular, but legally fraught, line of work?A 9-figure deal is always worth chatting about, and Mary Ann brings up Paylocity's acquisition of Airbase for $325 million — though, as she points out, the real value of the deal is probably considerably higher. It's a lot of money, yes, but compared with earlier valuations... no? Somehow we don't think founder Thejo Kote is shedding too many tears over it.Anyone who's bought a house or tried knows the sting of the realtor's fee. How many percent? Well, due to a recent court ruling overturning an established business practice in real estate, percentage fees may be on their way out — if startup Landian has its way. They want to make flat fees and pay-on-close the standard. Redfin is not amused! But they aren't mad either, or so they'd like us to think.Investing in AI is so popular people are investing in the investors investing in AI — on the secondary market, where positions on Anthropic, OpenAI, and xAI are now commanding a staggering 30% premium. That gives the actual equity holders a lot of leeway, and potentially gives smaller investors a chance to ride the hype train, but it also gives the whole thing the feel of, as Devin put it, "a beanie baby economy." That reference is just for the millennials as a "thank you" for listening.Equity is TechCrunch's flagship podcast, produced by Theresa Loconsolo, and posts every Wednesday and Friday. Subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts. You also can follow Equity on X and Threads, at @EquityPod. For the full episode transcript, for those who prefer reading over listening, check out our full archive of episodes over at Simplecast. Credits: Equity is produced by Theresa Loconsolo with editing by Kell. Bryce Durbin is our Illustrator. We'd also like to thank the audience development team and Henry Pickavet, who manages TechCrunch audio products.
In this episode, we examine a significant new lawsuit filed by Michigan real estate professionals against the National Association of Realtors (NAR) and other local and state realtor organizations. The plaintiffs argue that mandatory membership in these organizations for access to the MLS constitutes an antitrust violation, claiming it results in economic coercion and unfair restraint on trade. Join us as we break down the details of the case, its potential implications for the real estate industry, and what it could mean for Realtors across the country. Continue reading National Association of Realtors Sued Again? at .
How has NAR's advocacy really shaped the real estate industry? Shannon McGahn, Chief Advocacy Officer for NAR, joins us again in this episode. She shares why NAR is crucial for having a voice in Washington. From protecting independent contractor status to advocating for private property rights, NAR's efforts have a far-reaching effect on both professionals and consumers. Hear about the wins they brought to the industry, such as their successful legal challenge against the CDC's eviction moratorium and working with the VA regarding buyer representation agreements and commissions. This episode is packed with resources and information crucial for the future of the real estate industry. Check out the Advocacy Scoop Podcast. Follow this link for NAR Advocacy Wins Click here for NAR Legislative Priorities Learn more about what NAR does here. Follow Real Estate Insiders Unfiltered Podcast on Instagram - YouTube - Facebook - LinkedIn - TikTok. Visit us online at realestateinsidersunfiltered.com. This podcast is produced by Two Brothers Creative 2024.
Let's cut to the chase on what the National Association Of Realtors settlement is all about in this episode. There are rumors and misunderstandings about what happened, what is happening, and what is about to happen. John will start by giving background on where this came from and what is really is, despite the media-driven rumors. "NO more commissions!" is something we've heard from the media on this one and it simply isn't correct. Consumers have always had a choice in the compensation offered to buyers, their agents, and their own agents. In part 1 of this 2-part series, you'll know everything you need to know about the settlement and what got us to where we are today. And yes, what John says might just surprise you.
Are you tired of the lack of communication and cohesive media strategy in the real estate industry? Brian Boero, CEO of 1000watt, is a real estate marketing expert and joins James and Keith to discuss the importance of effective communication and media strategies in today's changing landscape. Brian explains how if he were the industry's media Czar for NAR, brokers, and agents what they should do moving forward with their media strategies and how taking a proactive and confident approach instead of defensive will transform the industry; emphasizing the need for authentic storytelling and emotional connections with consumers. This episode is packed with guidance on how the industry should be communicating and getting the story straight. Connect with Brian on LinkedIn. Learn more about real estate marketing and brand strategies with 1000watt on Facebook - LinkedIn - Instagram. Or visit them online at 1000watt.net. Follow Real Estate Insiders Unfiltered Podcast on Instagram - YouTube - Facebook - LinkedIn - TikTok. Visit us online at realestateinsidersunfiltered.com. This podcast is produced by Two Brothers Creative 2024.
In the second part of the interview, Bryan Greene discusses his transition from enforcing fair housing laws at HUD to joining the National Association of Realtors (NAR) as its first Director of Fair Housing Policy in 2019. He provides eye-opening details about the Newsday exposé on housing discrimination on Long Island that motivated him to quickly develop NAR's "ACT" initiative - focusing on accountability, culture change, and improved training. Bryan expands on the components like effective interactive training, self-testing for brokerages, and strengthening state licensing laws. The conversation explores emerging focus areas like the tragic loss of generational wealth through "heir property" exploitation targeting black landowners. Bryan credits the 2020 racial reckoning after George Floyd's murder for accelerating NAR's fair housing priorities. Looking at closing the persistent homeownership gap between white and minority households, Bryan outlines multi-pronged strategies - increasing housing supply, down payment assistance, alternative credit evaluation for renters, and innovative "special purpose credit programs" by private lenders. He advocates for private employers to institute down payment benefits and partner across industries to promote the workforce and attainable housing developments. Throughout, Bryan provides candid insights into the public's need for more education on how recent housing policies shaped today's racial wealth disparities. The episode showcases NAR's evolution into championing fair housing under Bryan's leadership after initially opposing the 1968 Fair Housing Act. His passion for true inclusivity shines through as he maps the road ahead.
In this episode, Katie speaks with Bryan Greene, the Vice President of Policy Advocacy at the National Association of Realtors. Bryan has spent over two decades at the forefront of fair housing policy, serving as the highest-ranking official in the U.S. Department of Housing and Urban Development's Office of Fair Housing and Equal Opportunity. Bryan shares his powerful personal story of growing up in the highly segregated borough of Queens, New York, and how those experiences shaped his commitment to fighting housing discrimination. He provides sobering insights into the cascading harms caused by discriminatory housing practices, from limiting choice and opportunity to suppressing wealth accumulation in minority communities The conversation dives deep into the historical policies and systemic racism that created residential segregation patterns still evident today. Bryan advocates for greater public education on how recent housing policies are the most likely cause of the racial wealth gap in America. Looking ahead, Bryan outlines potential solutions like increasing housing supply, down payment assistance, rental credit in mortgage lending, and even mounting a "Marshall Plan" to address the nationwide housing shortage. He has written extensively on these issues for publications like the Smithsonian and Washington Post. This insightful discussion showcases Bryan's decades of experience and passion for dismantling discriminatory housing practices and creating truly inclusive communities.
Miami Real Estate Investment Strategies With Peter Zalewski Of Condo Vultures®
(This is a preview of the Monthly Meeting for May 2024 of the Miami Condo Market Investing Club™. To watch the entire video, please visit: https://peterzalewski.substack.com/p/miami-condo-market-investing-club-97a ) The Miami Condo Market Investing Club™ achieved its latest milestone - holding its first Monthly Meeting - since being launched in January 2024 with the objective of creating a community for members to share realtime, actionable information on the latest real estate trends, opportunities and service providers in Miami. Expert Peter Zalewski - a former financial journalist, a Wall Street consultant, a licensed Florida real estate broker and a court-admitted expert witness - hosted the event on May 8, 2024 from his office in Greater Downtown Miami. This virtual meeting - which is exclusively for Club members - is about 77 minutes long and includes a Questions & Answers segment between Zalewski and Club members. During the presentation, Zalewski discussed the confusion - bordering on disruption - that currently exists in the Miami condo market at the end of the South Florida Winter Buying Season as the region deals with a variety of headwinds, including: the 2025 Florida condo association financial cliff; the dramatic changes coming in July 2024 to the process of purchasing residential real estate following the National Association Of Realtors commission settlement; the impact of Florida's insurance crisis following the Surfside condo collapse; the outlook for mortgage rates as the Fed has not yet cut rates as many expected; the latest South Florida condo trends on a market-by-market basis; and the outlook for rents that are the lifeblood of condo investors. Zalewski also identified a few people who made the Club's first Monthly Meeting possible since it was first conceived in 2022. Zalewski cited his partner Jenny Huertas, the broker-owner of the Florida real estate company CVR Realty™. He also highlighted some of the recent experiences “in the trenches” of veteran real estate agent Sylvia Gross of CVR Realty™ who works with value-oriented investors in the tricounty South Florida region of Miami-Dade, Broward and Palm Beach. During the meeting, Zalewski also announced a new partnership for the Club with Clarita Rosa, the longtime title agent and founder of Miami-based Candor Title & Escrow Services. To watch the video of the Monthly Meeting for May 2024, you will have to join the Club. To do so, please visit CondoVultures.com/Membership/ Copyright © 2024 Condo Vultures®, LLC. All Rights Reserved. --- Send in a voice message: https://podcasters.spotify.com/pod/show/condovultures/message
This week we are discussing the dramatic settlement on October 31st, 2023, where a Missouri home sellers' class action against the National Association of Realtors (NAR) and Keller Williams Home Services of America led to an eye-opening $1.78 billion jury award.To learn more about our full-service turnkey operations, check us out online at www.spartaninvest.comConnect with Spartan!Facebook: @spartaninvestInstagram: @spartaninvestTwitter: @spartaninvestConnect with Lindsay!Facebook: @spartanlindsaydavisInstagram: @spartanlindsaydavis
The Future Of Real Estate Agents
Back in March, the National Association of Realtors agreed to pay $418,000,000 to settle a series of lawsuits about realtor compensation. Longtime listeners of the podcast will know that I've had quite a bit to say about how the real estate industry operates over the years... and while I had initially planned to wait until some of the details were ironed out before weighing in, there were a few things I needed to get off my chest. Enjoy this episode of the podcast!
As I've been meeting with sellers and buyers, the National Association of Realtors (NAR) 2024 settlement is the elephant in the room. Nobody knows what will happen, but this week, I'm sharing what I do know and answering some of your most pressing questions. I dive into what we know so far about the settlement, what's new about it, and what you need to understand as a seller. I clarify what the NAR settlement means now for our local market, and help you understand the changes you are hearing about and what they mean for you. Get full show notes and more information here: https://harrietlibovhomes.com/45
The real estate landscape is buzzing with discussions about the National Association of Realtors' (NAR) recent adjustments. We're here to cut through the noise for you! ⚔️ In today's episode of our podcast, experienced Realtors Sydney and Jenn speak on these timely changes that will take place in July 2024 and how this may impact your home-buying journey.Get in TouchComments, suggestions or feedback? Email us at podcast@openhouseaustin.coWant to hear more from Open House? Follow us on TikTok or Instagram and check out our website!Please stay tuned for more episodes every Tuesday, and subscribe so you don't miss them! You can find us on Spotify, Stitcher and Apple Podcasts.Related Resources Connect with a Realtor - Austin-area experts with experience house hacking, buying with friends, tiny home construction, and renovationsBlog post: "Navigating the National Association of Realtors' Changes Together: How This Impacts Your Home-Buying Journey"Attend our upcoming event: Community Meetup: Service Industry Hangout! Home-Buying Chat, Free DrinksJoin our Creative Home-Buying and Wealth-Building For Women Group - it's free, and we meet up regularly; you're welcome to pitch yourself to other members via the Facebook Group or at an in-person meetupSign up for our next "How to Buy a House in Austin" WorkshopFirst-Time Home Buyer Mini-CourseHomeschool on YouTube!!!
Today, Sarah is joined by her husband, Nicholas, to discuss the solar eclipse, the National Association of Realtors, and the Indigo Girls.TOPICS DISCUSSEDReflection on the Total Solar EclipseNational Association of Realtors SettlementOutside of Politics: Indigo GirlsTo support the show and access our Premium Book Club, please subscribe to our Premium content on our Patreon page or Apple Podcasts SubscriptionsVisit our website for complete show notes and episode resources. Hosted on Acast. See acast.com/privacy for more information.
This week Greg sat down with Leigh Brown. Leigh is a realtor, past president of the North Carolina Board of realtors, Author, and policy guru. As both Greg & Leah are in real estate, they discussed the National Association of Realtors (NAR) settlement decision, what this means for buyers, sellers, and agents, the broader effects of this ruling, and where the real estate industry will be heading in the near future. This was informative and fun to record. Enjoy! K&K Furnishings: Providing quality furnishings for business, education, worship, and hospitality for the Glory of God!Jacob's Supply: Quality building materials at wholesale prices! Facebook: Dead Men Walking PodcastYoutube: Dead Men Walking PodcastInstagram: @DeadMenWalkingPodcastTwitter X: @RealDMWPodcastExclusive Content: PubTV App
Not one week goes by without some huge industry news surrounding NAR. In this episode, Rob ang Greg discuss the D.C. Circuit Court of Appeals' reversal in the NAR vs. US lawsuit, paving way for a new probe in the wake of the pending commission lawsuit settlement. Rob and Greg explore the antitrust lawsuit's history, implications of the reversal, and how it aligns with their predictions for the industry and future of NAR. Greg talks about the NAR-DOJ agreement and potential political impacts, while Rob focuses on the long-term effects. The dynamic duo stress on focusing on industry practices, legal settlements, and progress. Rob and Greg also debate the CMLS and NWMLS amicus briefs on MLS practices, while illustrating the timing and what the industry is signaling. This episode is jam packed with industry insights. Listen to the Industry Relations Podcast, available on all podcast platforms! 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 2024.
The NAR Lawsuit Open Panel Discussion!Discussing the real estate landscape with james and robert today in regards to the NAR Lawsuit.
Real Estate Realities With Robert "The RebelBroker" Whitelaw
The NAR settlement is in the final stages of approval and will likely go into effect in the middle of July 2024. It is not an understatement when I say that this change to how buyers agents are being compensated will introduce chaos into the real estate world until the systems in place adapt to this new reality. BUYERS HIT HARDEST These changes will leave Buyers having to directly pay their agents themselves. However, none of the current systems in place, including lending, are ready for this change. While it will lead to many more options for buyers in terms of representation, it also introduces risks to Buyers that they are likely not going to be aware of. SELLERS MAY NOT BE OFF THE HOOK While the new rules prevent Sellers from openly offering compensation to Buyers agents, there are methods that can be used for Sellers to contribute to "Closing Costs", which would then be used to compensate Buyers agents. Why would Sellers do this? The bottom line is that it will get their property more attention and also insure that their Buyer has representation that can protect the Seller for future litigation. FASTEN YOUR SEATBELT The bottom line is that we are about to see a complete upending of how the real estate market works and it will take at least a year for this work out. In the meantime, an already difficult market for buyers will become even more difficult to navigate. ——————————————————————————————————————————————————
Every residential real estate investor and homeowner is richer after the National Association Of Realtors settled its price fixing lawsuit. I know many real estate agents, realtors, and brokerages are upset with the ruling. However, the decision was decided quickly by a jury of our peers. The money that would have went into the real estate industry's pockets are now going back into the homeowners' and investors' pockets. See: Why Every Residential Real Estate Investor And Homeowner Is Richer Busting The Real Estate Cartel With Attorney Mike Ketchmark Recommendations Check out Fundrise, my favorite private real estate platform with over $3.3 billion under management for 500,000+ investors. With mortgage rates coming down and the stock market strong, the demand for real estate is building. Fundrise predominantly invests in residential and industrial real estate in the Sunbelt region, where valuations are lower and yields are higher. I believe there is a multi-decade demographic shift towards lower-cost areas of the country thanks to technology. Financial Samurai is an investor in Fundrise funds and Fundrise is a long-time sponsor of Financial Samurai. Subscribe To Financial Samurai To achieve financial freedom sooner, join 60,000+ others and subscribe to the free Financial Samurai newsletter. If you enjoyed this episode, please share, rate, and review. Every review means a lot as each episode takes hours to produce.
Did you catch the sparks fly on the last episode of Industry Relations? In case you missed it, last week Rob and Greg got into a verbal fistfight. Made up. Became friends again. And are now ready for round 2. Rob and Greg continue their NAR settlement talk, post verbal tussle. Exploring NAR's $418 million settlement, they talk about the association's PR challenges, trust issues, and internal rifts. Questioning leadership and missed PR opportunities, they call for urgent reform. Facing a crucial crossroads, the industry risks becoming a societal scapegoat. Rob and Greg urge immediate action to rebuild trust, improve communication, and navigate public scrutiny. Highlighting the role of leadership in these turbulent times, stressing the need for effective communication. Listen to the Industry Relations Podcast, available on all podcast platforms! 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 2024.
Inside the Wolf’s Den an Entrepreneurial Journey with Shawn and Joni Wolfswinkel
Welcome to the Inside The Wolf's Den Podcast with your hosts, Shawn and Joni Wolfswinkel! Today's episode discusses the recent seismic shifts in the real estate industry following the National Association of Realtors National Association of Realtors' (NAR) groundbreaking $418 million settlement of antitrust lawsuits. The settlement introduces two pivotal changes that are set to reshape how real estate transactions are conducted nationwide. Firstly, listing brokers are now prohibited from advertising compensation on the Multiple Listing Service (MLS), while commission arrangements between buyers, sellers, and agents must be independently negotiated, excluding fees from the listing price. Moreover, MLS participants, typically real estate agents, are mandated to establish written representation agreements with buyers, delineating the buyer's payment to the agent before home viewings, with the seller's coverage varying by transaction. The NAR settlement is poised to usher in a new era of heightened competition and market diversification within the real estate landscape. By fostering fair access to listings and curbing anti-competitive practices, the industry is expected to witness a more level playing field, enabling smaller brokers and agents to compete more effectively against larger firms. As a result, we anticipate a broadening spectrum of players in the real estate market catering to diverse consumer needs, ultimately reshaping and revitalizing the industry for the benefit of all stakeholders. Tune in to stay abreast of the latest developments and insights in the evolving real estate terrain with Shawn and Joni Wolfswinkel! YouTube Link: https://youtu.be/vnCoQG55OFk
Tech companies in the real estate space could be winners because it is more feasible for people to start the home-buying process without the aid of a real estate agent. Today's Stocks & Topics: AXP - American Express Co., Market Wrap, Baltimore Bridge Collapse, Who or What Might Benefit from the National Association of Realtors Lawsuit Settlement, VTV - Vanguard Value ETF, BRKB - Berkshire Hathaway Inc. Cl B, Cape Ratio, InvestTalk Market Madness Match Up: MTD - Mettler-Toledo International Inc., URBN - Urban Outfitters Inc., GPS - Gap Inc., LULU - Lululemon athletica inc., EQH - Equitable Holdings Inc., VITL - Vital Farms Inc., HD - Home Depot Inc., BRBR - BellRing Brands Inc., EU Digital Markets Act, PI - Impinj Inc., UNIT - Uniti Group Inc., Fed Meeting.Our Sponsors:* Check out Rosetta Stone and use my code TODAY for a great deal: https://www.rosettastone.com/* Learn more at hackerone.comAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
What will the recent NAR settlement mean for the future of real estate, technology, and industry navigation? In this episode of Industry Relations, Rob and Greg discuss the outcomes of the recent NAR settlement. They provide insights on the agreement, exploring their reactions and perspectives on the settlement's details. From provisions to backlash, they discuss public perception, legal frameworks, and implications for agents, brokers, and the market. During the discussion, Rob and Greg also disagree with one another at times, and fight like a married couple. After this episode discussing the NAR lawsuit, yet again, should the guys take a break and do a movie review of Dune 2? Grab your sandworm buckets and tune in! Listen to the Industry Relations Podcast, available on all podcast platforms! 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 2024.
Kenny Parcell is the former President of the National Association of Realtors, the largest trade organization in the world with 1.6 million members.Kenny comes on the podcast to discuss the recent realtor rule change on comissions and how this affects homebuyers, homeseller, and agents.
When the National Association of Realtors announced it had proposed to settle a landmark antitrust suit over real estate agent commissions for $418 million, everyone had questions. The Real Deal's Deconstruct breaks down what is changing — and what is not. TRD reporters Sheridan Wall and Harrison Connery discuss NAR's new rule prohibiting broker compensation offers on the MLS, or multiple listing service, and what this means for agents and homebuyers going forward. Deconstruct also chatted with Michael Nourmand, who runs Los Angeles-based brokerage Nourmand & Associates, about how he thinks not much is set to change — and noted that commissions have always been negotiable.
In The 608 hosts Ben Anton and Asher Masino are joined Patrick “Pappy” Johnson from Johnson Bank where they'll help explain what the National Association of Realtors lawsuit means and how it might impact you. Get advice on quick home fixes with the "Top Of The Hour Tip." Hear what's happening right now for buyers and sellers in the real estate market with the "Market Update” and get the bigger picture of the economy as it relates to the national real estate market with Phil Plourd and Phil's Phone-in that looks beyond the 608." Episode 6.3 - March 2024
Brett discusses the recent headlines regarding the National Association of Realtors proposed settlement and how this will affect real estate brokers, home sellers, & home buyers. Brett breaks down how things currently work, in most cases, and what changes might look like in the near future. Brett also dispels many of the myths and mis-information being reported by so-called "journalists" that do not understand the topic in which they claim to report on. Brett PopishNMLS 253202Prosper Mortgage Group, LLCNMLS 2490880Equal Housing Lender Connect with Brett on Facebook, Instagram, & X @BPOP80Watch full length episodes on YouTube at https://www.youtube.com/@brettpopishBe sure to rate this podcast on whatever platform you're listening on and remember #BeDEFIANT#OwnYourFuture
Welcome to Real Estate Unscripted, a podcast dedicated to equipping real estate professionals and lenders with valuable insights. During this episode, Marjorie Adam and her guest, President & Chief Transformational Officer of Transformational Mortgage Solutions David Lykken, examine the complex landscape of real estate commissions and lawsuits. They discuss the recent settlement reached by the National Association of Realtors (NAR) and how it has significant implications for the industry. They stress the importance of understanding the settlement and its impact on real estate professionals and their clients. One of the key takeaways from the discussion is the necessity for real estate professionals to become knowledgeable about the settlement and its consequences. They emphasize the importance of clear communication with clients regarding fees and services, as well as the need for transparency in negotiations. Additionally, they highlight the significance of buyer representation agreements and the need for clarity in compensation agreements between agents and clients. The conversation also touches on the evolving nature of the real estate industry and the opportunities it presents for professionals to differentiate themselves and provide added value to their clients. They emphasize the importance of adapting to change and the need for realtors and lenders to stay ahead of industry developments. Overall, the podcast provides valuable insights into the shifting landscape of the real estate industry and the opportunities it presents for professionals to enhance their services and provide added value to their clients. The discussion underscores the importance of clarity, transparency, and adaptability in navigating the changing dynamics of the industry. As the industry continues to evolve, staying informed and proactive is crucial for success in real estate.
On Monday, March 18th, Windermere Abode designated broker Anne Jones was a featured guest on KIRO's Gee and Ursula Show to answer preliminary questions about the recent NAR Settlement with the Department of Justice (DOJ). This is the first podcast on this topic; we will be covering more angles on this topic as things unfold. Listen to the Gee and Ursula Show at MyNorthwest.com Have any questions about areas you'd like Dave to cover? Or do you have any other questions regarding the Pierce County housing market? Feel free to email Dave at davidjones@windermere.com. Watch this episode on our Youtube channel! Looking for more content? Visit www.windermereabode.com for more content, houses and information! --- Send in a voice message: https://podcasters.spotify.com/pod/show/windermereabode/message
The National Association of Realtors recently settled a lawsuit that deals with real estate agent commissions. The decision resulted in the National Association of Realtors paying $418 million to home sellers. Holden Lewis, a senior writer with Nerd Wallet and has been covering the housing market since 2001. The settlement is expected to impact how some brokers are paid, exactly how is still up for discussion. Lewis shares what he's heard from industry leaders.
Today, we're talking about Russia's election, a major change to how realtors are paid, updates on two of former President Trump's trials, and other top news for Monday, March 18th. Stay informed while remaining focused on Christ with The Pour Over Today. Please support our TPO sponsors! A Jew and a Gentile Discuss: https://links.thepourover.org/JewGentileDiscussPod Men's Daily Bible: https://links.thepourover.org/MensDailyBiblePod TUVU: https://www.tuvu.com/tpo
Start your week off right with Tom Dunlap on the Blackletter Podcast's Monday Morning Minute. In this episode, we dive into the groundbreaking settlement reached by the National Association of Realtors (NAR) that's making waves in the real estate world.Join us as we explore the NAR's $418 million settlement over four years, which marks a significant change in their practices, particularly in the Cooperative Compensation Model. What exactly is the Cooperative Compensation Model? How does it affect home buyers and sellers? We'll break it down for you in plain English, no complicated legal jargon (unless you want it)!Discover how U.S. real estate agents operate under this model and its impact on commissions. We'll discuss why the lawsuit deemed this practice too expensive and its chilling effect on the market. You won't believe what the jury had to say, and how the NAR appealed before ultimately deciding to settle.But here's the juicy part — what does all of this mean for you? Tune in as we discuss how this settlement could potentially change the standard 6% real estate commission, ultimately saving buyers and sellers some serious dough. Could this lead to a hotter home market and more homes on the move? We'll discuss the possibilities and speculate on the future.
Sarah Leonard of the Sarah Leonard Team, joins Lisa Dent to discuss the $418 million settlement reached in an antitrust lawsuit reached by the National Association of Realtors and how it will impact home sellers across the country. Follow The Lisa Dent Show on Twitter:Follow @LisaDentSpeaksFollow @SteveBertrand Follow @kpowell720 Follow @maryvandeveldeFollow @LaurenLapka
What does the future hold for real estate commissions? On this episode of Industry Relations, Rob and Greg discuss the Clarity event and the legal updates regarding real estate commissions. They explore the concept of concessions and the issue of steering in the industry, the need for improved buyer agency agreements and buyer presentations and the defiance of industry professionals and the potential impact of government regulations on real estate commissions. Rob and Greg also cover various topics related to the real estate industry, including the myth of the Australian model, the reality of real estate commissions, the relationship between MLS and NAR, and provide potential solutions to the numerous challenges and complexities of these issues. Oh, and they also brainstorm the idea of creating an app for arranged marriages called 'Tinder for Parents.' You don't want to miss this episode! Listen to the Industry Relations Podcast, available on all podcast platforms! 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 2024.
Who bears the brunt of legal defense costs? What financial toll does this uncertainty cast on associations? On this episode of Industry Relations, Rob and Greg dive into the pressing issues faced by the National Association of Realtors (NAR) and its profound impact on local associations, MLSs and brokers. The insurance dilemma that has recently come to light, along with the unclear communication and lack of transparency from NAR is concerning to put it mildly. And the conversation doesn't stop at insurance mishaps. Rob and Greg confront the broader issue plaguing the real estate industry - a competency crisis within NAR's leadership. They share their personal frustrations and the collective agitation among realtors over how NAR has managed various crises, including a lawsuit with the Department of Justice and serious sexual harassment allegations. The lack of skilled leadership, effective communication, and crisis navigation has not only fueled discontent but has also positioned the industry under a harsh spotlight, inviting negative media attention and dozens of copycat lawsuits. This episode is a call for leaders who can confidently steer the industry away from turmoil and towards a future led by transparency, competence, and integrity. Listen to the Industry Relations Podcast, available on all podcast platforms! 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 2024.
How will the FCC's new rules on lead aggregators affect real estate professionals? On this episode of Industry Relations, Rob and Greg talk to Matthew Marx of Evocalize about how to stay compliant while still effectively marketing themselves. One of the biggest changes is that lead aggregators will now be required to obtain consent from consumers before obtaining their personal information. So what do real estate professionals who use lead aggregators need to do? Tune in to find out! Follow this link for Matt's Evocalize FCC TCPA Advisor Chat Bot. Connect with Matt on LinkedIn! Listen to the Industry Relations Podcast, available on all podcast platforms! 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 2024.
Is the real estate industry ready for an alternative to NAR? On this episode of Industry Relations, Rob and Greg talk about the American Real Estate Association, also known as AREA, being positioned as a potential replacement for NAR. As it appears no crisis goes to waste, real estate agents across the country are bracing themselves for what could be the ultimate showdown. It's the potential battle of the acronyms: NAR versus AREA, NLS versus PLS, and so many more. What lessons can we learn from NAR's recent struggles, and what do these new organizations mean for the industry? Don't miss this episode! Listen to the Industry Relations Podcast, available on all podcast platforms! 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 2024.
How are the FCC rules on lead generation reshaping the insurance and real estate industries? In this episode, Rob and Greg break down the new FCC rules on lead generation and how they are impacting the insurance and real estate industries. Learn how these rules aim to prevent automated robo calls or texts without clear consumer disclosure. Rob and Greg explore the implications for industries like insurance and real estate, including lead resale and lead distribution platforms such as Zillow and Redfin. They also speculate on potential changes for Redfin, such as providing a list of partner agents when a consumer requests to see a house. Tune in as Rob and Greg analyze how these changes are shaping the evolving landscape of the real estate industry. Listen to the Industry Relations Podcast, available on all podcast platforms! 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 2024.
Is this industry saturated with REALTORS? Will the part-time real estate agent fall by the wayside? Join Rob and Greg as they discuss industry evolution, challenges in obtaining accurate statistics, and the impact of part-time agents. They reflect on historical decisions, and propose solutions such as restricting REALTOR membership and implementing apprenticeship programs. Listen now to gain insights and thought-provoking solutions for the real estate industry! Listen to the Industry Relations Podcast, available on all podcast platforms! 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 2024.
Women have dominated the real estate industry in recent years, but it definitely didn't start out that way. For a long time women couldn't buy or own property in their name. They couldn't join the National Association of Realtors. They couldn't get financing without their husband. There a handful of women we highlight in this episode who said f*ck you to the patriarchy and made it possible for women to take over in the real estate industry today. However, the facts and figures still show a disparity between the payoff of owning real estate for men and women. Single women have bought more homes than sinlge men every year since at least 1981, but their homes are somehow worth less. I know... it pisses us off too. Here's just a few of the early pioneers who defied societal norms: Corrine Simpson Catherine Bauer Ebby Halliday Dorcas Helfant-Browning Bridget "Biddy" Mason Get your Homance apparel: nicolebonneville.etsy.com Follow us on IG: @homance_chronicles Connect with us: linktr.ee/homance Send us a Hoe of History request: homancepodcast@gmail.com
Do we really need the NAR? On this episode of The Kings Table Podcast, we cover how the National Association of Realtors controls the market and why it could be defunct within a few years. Join our discussion as we offer theories on what a post-NAR real estate industry might look like. Other topics in today's show include our thoughts on current candidates for the 2024 presidential election, our personal goals for 2024, and the tax-saving strategies of savvy business owners. Subscribe to The Kings Table Podcast here: https://www.youtube.com/@KingsTablePodcast Meet the hosts:1. Mike (The Sage) Ayala is an accomplished investor, speaker, and podcast host, who stands at the helm of Investing for Freedom, guiding busy professionals and entrepreneurs toward the path of genuine liberation and optimal living. 2. Ashish (Hostess with the Most-est) Nathu is a founder and CEO, entrepreneur, real estate investor, triathlete, and host of the Rich Equation Podcast. 3. Matt (Hero of Hospitality) Aitchison is a distinguished real estate investor, captivating speaker, and committed philanthropist. 4. Aaron (The Trend Spotter) Amuchastegui is a seasoned real estate virtuoso with a remarkable track record of over 1,000 house transactions, predominantly acquired through astute foreclosure purchases at courthouse auctions.