Where Real Estate Gets Its Dirt

Greetings from London

I’m on vacation traveling with the family in the U.K. and having a blast. Quick story, my son Toby plays tennis for the JV team at his High School. Wimbledon is going this week so we thought we would try and get tickets. Tickets are distributed via a lottery system (we missed that) and are incredibly expensive if you buy them from a 3rd party (scalper) but they have a program called “The Queue” where they set aside a tickets for people who buy at the event. You just have to can come early and line.

We made the trek (along with my brother in law Tony) from our hotel at 4 AM (figured we get there early), took a cab, and much to our dismay it looked like people could camp there overnight as well. Hopefully there would still be tickets left, maybe not to see a match but get in and watch matches from the lawn.

We were given a ticket (it was all very well organized) we happened to be 1120 – 1122. The guy behind us (local) said “brilliant” when he got his ticket because apparntely anything below 1500 meant we had a chance at least for Court 2.

Well after 6 hours of waiting in line (along with a couple bacon sandwiches from the food truck) we were able to get and purchase tickets ($140 each, way below what the scalpers were asking for) and we got on to Court 1. And wow what amazing seats! Toby was thrilled.

We got to see some great tennis from Daniil Medvedev (Men’s number 3 in the world) and Aryna Sabalenka (Women’s number 2 in the world).

You can follow me on Instagram if you want to see more photos. Cheers!

T3 Sixty pens, “Letter to the Industry”

Letter to the Industry – Compensation Lawsuits

“The recent settlement between MLS PIN and plaintiffs in the Nosalek case reveals that foundational change to the structure – a decoupling of buyer broker compensation from listing broker compensation to some degree – will most likely occur sooner than later. These changes could come because of a settlement, a judge’s injunction or, if the industry is smart, by key stakeholders’ proactive adjustments to their policies and practices.”

Rob and I have been discussing this for a while now and will cover some of the implications of the Nosalek case on this week’s Industry Relations pod.

The bottom line is shit’s getting real.

Nestfully

My thanks to Nestfully for sponsoring Vendor Alley this month. Nestfully is the next-gen real estate ecosystem that facilitates natural connections and communication between consumers and real estate pros. Nestfully helps give agents a rich experience when collaborating with their clients online. I’m looking forward to sharing more about Nestfully this month.

If you’re an MLS organization and interested in finding out more about Nestfully please visit this site==> Nestfully-MLS Partnerships

My thanks again to Nestfully.

Industry Relations Podcast: Howard Hanna’s IDX Exodus

Why did Howard Hanna leave IDX? On this episode of Industry Relations, Rob and Greg discuss the recent news of Howard Hanna’s recent exit from the IDX system. Their thought provoking conversation explores why this game-changing decision was made and how it could affect the industry. Tune in as these two take a look inside at what’s happening with Howard Hanna and IDX!

Watch us on YouTube!

Click here to sign up for Rob’s Commission Lawsuit Webinar!


Thank you to our sponsor, Zenlist. To modernize your MLS visit zenlist.com for more information! Click here to sign up with Zenlist.

Connect with Rob and Greg: 

Rob’s Website

Greg’s Website

This podcast is produced by Two Brothers Creative 2023.

Happy Fourth of July Everyone!

Spirit of America - Norman Rockwell

“It is not our differences that divide us. It is our inability to recognize, accept, and celebrate those differences.” –Audre Lorde

Industry Relations Podcast: Commission Lawsuit Aftermath- What Brokerages Need To Do

On this episode of Industry Relations, Rob and Greg explore the possible ripple effect that commission lawsuits could have on brokerages. Get ready for a thought-provoking discussion as they paint various scenarios based on different outcomes – it’s sure to have you questioning the future of the brokerage industry. Join us for this stimulating journey as we dive into post-commission lawsuits.

Watch us on YouTube!

Connect with Rob and Greg:

Rob’s Website

Greg’s Website

This podcast is produced by Two Brothers Creative 2023.

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View our brief video to see how it works –> Property Watch by Black Knight

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AI AI AI AI AI AI AI AI AI AI AI

Why AI Will Save the World – Marc Andreessen

“The most validated core conclusion of social science across many decades and thousands of studies is that human intelligence makes a very broad range of life outcomes better. Smarter people have better outcomes in almost every domain of activity: academic achievement, job performance, occupational status, income, creativity, physical health, longevity, learning new skills, managing complex tasks, leadership, entrepreneurial success, conflict resolution, reading comprehension, financial decision making, understanding others’ perspectives, creative arts, parenting outcomes, and life satisfaction.

Further, human intelligence is the lever that we have used for millennia to create the world we live in today: science, technology, math, physics, chemistry, medicine, energy, construction, transportation, communication, art, music, culture, philosophy, ethics, morality. Without the application of intelligence on all these domains, we would all still be living in mud huts, scratching out a meager existence of subsistence farming. Instead we have used our intelligence to raise our standard of living on the order of 10,000X over the last 4,000 years.

What AI offers us is the opportunity to profoundly augment human intelligence to make all of these outcomes of intelligence – and many others, from the creation of new medicines to ways to solve climate change to technologies to reach the stars – much, much better from here.”

It’s becoming a bit of a game to count the times a speaker/vendor says or writes “AI”. Marc Andreessen, creator of the first web browser, who has written similar thought pieces such as “Why Software Is Eating the World” has penned another great piece (yes it’s long but worth the read) that I think will give context to all the jargonism (and fear) about AI.

Steve Jobs once said a computer is a “bicycle for the mind”. Well, I think we all just traded our bicycles for a jet pack.

Registrations for iOi Summit are now open

iOi Summit 2023 Registration

“Uncover the latest innovations by embracing change and hearing from experts on economic shifts, artificial intelligence, mergers and acquisitions, regulatory uncertainty, and more. All of this is only at NAR’s annual iOi Summit, the PropTech event of 2023”

Miami! Damn, I wish I could be there. I remember doing a “pitch battle” at iOi when we launched iBuyer Connect for Cloud CMA.

New Mexico MLS Launches Aligned Showings

New Mexico MLS to Launch Aligned Showings

“Megan McFarlane, Executive Director of NMMLS, said, “The product is exciting. What MLSs can build when they work together is not just strong because of the relationships, but strong because Aligned Showings is cutting-edge technology.”

New Mexico members will benefit from Aligned Showings’ mobile app, optimized route mapping, real-time messaging, advanced showing approval system and other features”

Looks like MLS Aligned is offering their products beyond their partners. I hope they don’t start making CMA software!

Sponsored By MLS Reset