In this episode of Industry Relations, Rob and Greg dive into the latest developments in the real estate world, focusing on leadership, membership dynamics, and the challenges facing NAR in 2024. They engage in a spirited debate about leadership priorities, assessing Nykia Wright’s tenure as CEO, and what it takes to steer an organization during turbulent times.

Key Takeaways

• Leadership Dynamics: A breakdown of the responsibilities and criticisms of Nykia Wright’s first year as CEO of NAR.

• Membership Retention: Insights into how NAR has managed to retain members despite controversies and lawsuits.

• Strategic Decisions: Examining the impact of the $2 billion broker club’s fallout and the decisions leading up to it.

• Action vs. Inaction: Rob and Greg debate what constitutes effective leadership and the significance of visible actions vs. behind-the-scenes work.

• Surveys & Communication: The role of member surveys and communication in understanding and addressing organizational challenges.

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Rob’s Website

Greg’s Website

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CoreLogic

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The Giant Steps Job Board

Production and Editing Services by

 Sunbound Studios

Greg is just landed back home from NAR Boston and Rob is curious to what insights he learned.  Greg’s main insight is that he isn’t as young as he once was.

1. Election Impact on Real Estate:

• Rob and Greg delve into the recent election results, exploring how potential changes in government could impact HUD and real estate policies.

• Debate on the future leadership of HUD and the potential impacts on the industry.

2. National Association of Realtors (NAR) Conference Recap:

• Greg shares insights from the recent NAR conference, touching on the atmosphere post-election and key sessions he attended.

• Discussion about attendee sentiment, especially regarding political and economic concerns within the real estate industry.

3. MLS (Multiple Listing Service) & CCP Discussions:

• The episode dives deep into the complexities of MLS structures, with Greg suggesting a “domino effect” that could lead to significant industry shifts if CCP (Clear Cooperation Policy) and co-mingling rules were altered.

• Speculations on Zillow’s role in the MLS space, its motivations, and how upcoming changes might benefit or challenge existing MLS structures.

4. NAR’s Controversial Communication:

• The hosts criticize NAR’s handling of sensitive topics, including CCP discussions, arguing for more transparency and authenticity in its public communications.

5. MLS Independence and Potential Changes:

• Rob and Greg discuss the possibility and challenges of MLS organizations operating independently of NAR.

• Debate around whether separating from NAR could lead to more effective and regionally responsive MLS services.

6. Event Announcements:

• Promotion of the upcoming “MLS Reset Conference” in Arizona (January 2025), organized by Giant Steps and the PRESTA Team, aimed at exploring the future of MLS and real estate industry evolution along with CoreLogic’s Clariety25 Conference in February.

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Operating Cash Flow for  REA Group (Australia) from Mike Deplete

How much does U.S. Department of Housing and Urban Development in the United States pay?

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 by Sunbound Studios

In the latest episode of Industry Relations, Rob and Greg venture into a thought-provoking discussion about disaster preparedness and self-reliance. While they typically focus on real estate, this episode broadens the scope, offering practical insights on how to be ready for unexpected emergencies like natural disasters or social unrest.

Rob, who has fully embraced the prepper lifestyle, breaks down the importance of planning for short-term disasters, emphasizing the need for essential supplies like water, food, and basic medical skills. Rather than “bugging out” or fleeing, he encourages listeners to “bug in” — stay at home and rely on their community to survive. He also highlights the critical role of knowing your neighbors, as they can become your greatest resource in a crisis.

This episode offers valuable advice on building self-sufficiency, from securing food and water to handling emergency situations and even touches on the significance of physical fitness during a crisis. Greg engages Rob with questions that bring out relatable and practical tips for urban and suburban listeners alike.

Whether you’re curious about survival strategies or just want to hear some down-to-earth insights on real-world preparedness, this episode is packed with useful takeaways.

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LifeStraw – Personal Water Filter for Hiking

Children and teens are more liking to die from guns than anything else.

Stop The Bleed

Spam – Pack of 12

Surviveware First Aid Kit

Israeli Battle Dressing Compression Bandage

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 by Sunbound Studios

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 ownership—spoiler alert: they think they do. It’s a thought-provoking discussion that may raise more questions than answers.

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Section 18. Right of Participant to MLS Data Feed of Listing Content (Policy Statement

8.3)

Rob’s latest Substack :  Why the Data Ownership Thing Worries Me

South Park Human Centipede Episode

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 by Sunbound Studios

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 compression of commissions and uncertainty about the future of the industry, transparency and strong leadership are more important than ever. Don’t miss this insightful discussion on ethics and transparency in communication within the real estate world.

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Connect with Rob and Greg: 

Rob’s Website

Greg’s Website

Our Sponsors: 

CoreLogic

Notorious VIP

This podcast is produced by Two Brothers Creative 2024.