Where Real Estate Gets Its Dirt

NEW – Industry Relations – Inman Connect Pre-Show

This week on Industry Relations Rob and Greg pre-game for the upcoming Inman Connect conference in New York City. Greg will be attending and we make predictions on who is going to be there, what everyone will be talking about, and what kind of vendors he will see. The duo will be having a post-Inman Connect show once Greg returns home so watch this episode and see how much we suck at predictions! 

Resources:

Watch Greg’s MLS Rap: https://www.inman.com/2016/02/03/watch-greg-robertsons-mls-rap-2/

Enjoy this episode on your favorite podcast player.

And/or please subscribe to our YouTube channel today so we can be known as simply Industry Relations Podcast, and not: https://www.youtube.com/channel/UCrUi4dF6sAOpacTSkemskkw

Or just listen here:

NEW – Industry Relations Episode – Possible Future of Online Real Estate

This week on Industry Relations, Rob and Greg go head to head on MLS data. They debate whether the MLS industry will die with Zillow when Rob’s proverbial asteroid hits. Greg disagrees and wants to see a future between MLS and CoStar.

Enjoy this episode on your favorite podcast player.

And/or please subscribe to our YouTube channel today so we can be known as simply Industry Relations Podcast, and not: https://www.youtube.com/channel/UCrUi4dF6sAOpacTSkemskkw

Or just listen here:

NEW-Industry Relations Episode – The Insane Housing Market

This week on Industry Relations, Rob and Greg discuss the insanity of the current housing market. In our discussion, Rob gets heated about dollar devaluation and nominal inflation; and Greg tells horror stories of house flipping in California. We both agree on one thing though: we need to bring millennial homeownership above 50% before we see generational warfare. Join us!

Enjoy this episode on your favorite podcast player.

And/or please subscribe to our YouTube channel today so we can be known as simply Industry Relations Podcast, and not: https://www.youtube.com/channel/UCrUi4dF6sAOpacTSkemskkw

Or just listen here:

Industry Relations Podcast – ICYMI

Rob Hahn and I have been stepping up our podcast game this year. We have been pretty consistent uploading one episode a week since the first week of January. If you haven’t checked out our latest episodes you find them on your favorite podcast player.

I mentioned recently that we also launched a YouTube channel as well. Here are some of my favorites recently:

Marge vs. Brenda
Rob and I discuss how agents are still undefeated in the proptech wars.

When the asteroid hits
What will it take for CoStar (Homes.com and Homesnap) to win? Turns out it might be something catastrophic.

Wall Streets take on Online Real Estate with John Campbell
John Campbell is a super smart guy, with Stephens, a research company focused on covering real estate for Wall Street. Great discussion about why proptech/real estate stocks are down, and why he thinks the acquisitions of Homes.com and Homesnap are Andy Florance’s side bet against the MLS industry as we know it.

BIG FAVOR TO ASK:

We are trying to get our own branded YouTube channel, but we need 1,000 subscribers. So if you could go to our YouTube channel and hit the Subscribe button and click the bell it would really help! Tell your friends!

Hope you enjoy the conversations!

Industry Relations Episode 72: Marge vs. Brenda

Today Rob and Greg talk about Marge vs Brenda (don’t worry they’ll explain) How is the average real estate doing vs the top 10 percent? After things like the real estate stocks and the acceleration trends due to the pandemic, who is winning this epic battle? As they say the ‘internet is undefeated’ but is ‘Marge’ undefeated as well? Greg thinks she is, but what does the notorious Rob think? It’s a great discussion on this week’s episode of Industry Relations!

Watch us on YouTube or listen on your favorite podcast player

Industry Relations Episode 71: Creating the Bloomberg of Real Estate

Rob and I have been doing our Industry Relations podcast for a few years now and the feedback is always great. This year we decided to kick it up a notch! First, we are going to be more consistent, once a week. So far we have been keeping to that schedule. Secondly, we are starting to incorporate video, see above. Lastly, we are also ramping promotion via social media.

So make sure you like and subscribe to our Industry Relations YouTube channel and click that bell!

Follow us on Instagram and Twitter and Facebook.

And of course, you can still listen to the pod on your favorite podcast player.

We are also looking for the right sponsor. So if you want to benefit from all these recent changes we would be happy to discuss. Get in touch!


On episode 71 of Industry Relations, Rob and Greg talk about creating the “Bloomberg of Real Estate,” with special guest David Blum. David Blum is the co-founder of ‘Plunk’ where they are working to bring the next generation, real-time analytics platform to residential real estate. What does the future of this prop-tech company hold for the real estate industry? Rob Han and Greg Robertson are your hosts for the re-launch premiere of the Industry Relations podcast! Learn more about David Blum and the exciting work they’re doing for the future of residential real estate at www.getplunk.com.

What’s Discussed:  

What’s Plunk’s value proposition?

How many vendors are trying to solve the home value proposition?

How Plunk gets “ground truth” on the valuation of a home.

Creating the ticker tape of the price of a home

What is the definition of accuracy?

Connect with Rob and Greg: 

Rob’s Website

Greg’s Website

Resources:

Project Ketchup: iBuying Is Just Fine, Zillow Was Not

Zillow launches retooled Zestimate that uses AI to analyze photographs and ‘see’ value in homes

Our Sponsors: 

Cloud MLX

Notorious VIP

Industry Relations Episode 70: The MLS’s Role in Building Tech to Facilitate Cooperation – with Justin Landon & Ryan Castle

On episode 66 of Industry Relations, Rob and Greg discussed the potential repercussions of ending mandatory compensation. And Rob asserted that without cooperation and compensation, the value of the MLS lies solely in its data and technology tools.

How did those comments sit with MLS leaders?

Justin Landon is the CEO of the Lexington-Bluegrass Association of REALTORS, a 4,000-member MLS based in Lexington, Kentucky. Ryan Castle serves as CEO of the Cape Cod & Islands Association of REALTORS, a 3,000-member MLS serving Cape Cod, Martha’s Vineyard, and Nantucket. On this episode of Industry Relations, Justin and Ryan join Rob and Greg to share their argument against the assertion that the value of the MLS is tied solely to buyer’s compensation.

Justin and Ryan describe the work they do to ensure that listing agents follow data compliance guidelines, explaining how the MLS has evolved to become a catalyst for the adoption of technology and a distribution mechanism among agents and consumers. Listen in for insight on why compensation is usually offered even when it’s not required and learn about the MLS’s role in building technology that facilitates cooperation.

What’s Discussed:  

Justin & Ryan’s argument against the assertion that the value of the MLS is tied solely to buyer’s compensation

The work MLSs do to ensure that listing agents follow data compliance guidelines

Why MLS teams need to know the areas they’re serving

How the MLS has evolved to become a distribution mechanism among agents and consumers

Why Rob suggests that MLSs need to invest in developing their own technology if compensation ends

The MLS as a technology provider vs. catalyst for the adoption of technology

Why compensation is usually offered even when it’s not required

The relationship between compensation and the steering problem in real estate

The potential to add reverse auto prospecting and rental data to the MLS

How NAR’s focus on the distribution of data provides an opportunity for MLSs

The MLS’s role in building technology that facilitates cooperation

What we need to do to prevent the government from making the MLS a public utility

Connect with Justin:

Lexington-Bluegrass Association of REALTORS

Connect with Ryan:

Cape Cod & Islands Association of REALTORS

Connect with Rob and Greg: 

Rob’s Website

Greg’s Website

Resources:

What if Mandatory Compensation Goes Away? on Industry Relations EP066

MLS Grid

Buyside

RealScout

FloPlan

Our Sponsors: 

Cloud MLX

Notorious VIP

Industry Relations Episode 69: Push Button Real Estate with Brian Boero

Does everything have to be so fast?  Shouldn’t some things take time?  

Especially if it’s the largest purchase/sale of your life?

On this episode of Industry Relations, Rob and Greg sit down with Brian Boero of 1000watt, to discuss his recent blog post, “Pushing Buttons”.  Join this high-level discussion about the future of “push button” real estate.
 
What‘s Discussed: 

The consumer experience with pushing buttons
Redfin’s 400 step process
The genius of Zillow’s “Super App” marketing messaging
Greg talks “Zuber”
Keeping up with the consumer
What does a “better” real estate experience look like?


Connect with Rob & Greg:
 
Rob’s Website 
Greg’s Website 

Resources: 

Brian’s “Pushing Buttons” blog post
1000watt’s website
Amazon’s Day One Philosophy

Our Sponsors: 

Cloud MLX
Notorious VIP

Industry Relations Episode 68: Privacy Concerns Around Real Estate Data

Who owns the data associated with a house?

As it stands right now, the listing broker is in control. But what if a buyer doesn’t want a floor plan or 3-D walkthrough of their new home available online? 

There is growing public concern around data privacy in big tech, yet few are talking about how this translates to the real estate industry.

On this episode of Industry Relations, Rob and Greg sit down to discuss the complexities around who owns real estate data, considering whether homeowners should have ownership rights to the data for their property.

They explain the current privacy laws around street photography and explore the expectation of privacy in public records—including MLS databases.

Listen in to understand how privacy policies might impact different players in the real estate space and learn how to think about who should own property data once the SOLD sign goes up.

What‘s Discussed: 

The ruling in the VHT v. Zillow case re: copyright in real estate photography

Who currently owns the data about a house and why it’s such a complex issue

Whether homeowners have ownership rights to the data for their property

The safety concerns associated with making property data available online (for buyers and sellers)

The current laws around photography and privacy

The expectation of privacy around public records and Rob’s take on why the MLS is not a private platform

How Apple’s App Tracking Transparency policy impacts real estate vendors

How privacy policies might affect Compass’ business plan

How we rely on open data to value homes 

How the privacy issues surrounding big tech might translate to real estate

Connect with Rob & Greg:

Rob’s Website

Greg’s Website

Resources: 

Orange County Proptech Mixer

Texas REALTORS Winter Meeting

CoreLogic MLS Executive Workshop

NARPM Broker/Owner Conference and Expo

Rob Hahn on The Tom Ferry Podcast Experience EP160

Nick Conteduca on Industry Relations EP067

VHT v. Zillow

Rob’s Piece on Real Estate Photography & Copyright

Apple’s App Tracking Transparency Policy

Fannie Mae’s Uniform Appraisal Dataset

Drone Laws in Nevada

NFT Your Property with Propy

Our Sponsors: 

Cloud MLX

Notorious VIP

Celeste Starchild gives the Red Pill to podcaster

Great interview. I love how expertly Celeste counters Mr. Mulrenin’s narrative, even when he asks the same question over and over again, but in the end, he genuinely seems enlightened.

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