Where Real Estate Gets Its Dirt

Industry Relations Podcast: Opendoor Exclusives and Why MLS Providers Should Lean Toward YES

On this episode, Rob and Greg discuss Opendoor and the “Game of Homes” – should you be able to sell and buy a home as easily as you can sell and buy things on other websites like Amazon? Opendoor’s new approach could cause some waves in the industry as they appear to be removing certain hurdles that for years have impeded the home buying and selling process. Does the MLS industry need to change, and could Opendoor be the catalyst for that change? Rob and Greg break it all down in this heated discussion!

Industry Relations welcomes our new sponsor, NoteRouter at https://www.noterouter.com/

Listen to the Industry Relations Podcast, available on all podcast platforms:

Listen to the podcast on Apple

https://podcasts.apple.com/us/podcast/industry-relations/id1204450450

Listen to the podcast on Stitcher

https://www.stitcher.com/show/industry-relations

Connect with Rob and Greg: 

Rob’s Website

https://notorious-rob.com/

Greg’s Website

https://www.vendoralley.com/

Our Sponsors: 

NoteRouter

https://www.noterouter.com/

Cloud MLX

https://cloudagentsuite.com/tools/mlx

Notorious VIP

https://notoriousrob.com/notorious-vip

Watch us on YouTube or listen on your favorite podcast player or just click below.

Inman tackles real estate lawsuits

Andrea Brambila of Inman News is covering the current lawsuits plaguing the industry right now…

“This is the first part in a week-long series examining the high stakes and potential impact of two closely watched federal lawsuits — the so-called Moehrl and Sitzer cases — taking direct aim at how homebuyers pay commissions. Check back on Wednesday for the plaintiffs’ case for class-action status in the far larger Moehrl lawsuit, and on Thursday, Inman dives into the real-world impact these cases could have on millions of real estate agents.“

Below are links to the first and second installments. Andrea does a great job of breaking down what’s been happening (based on recently released documents) and from the looks of it will dive deeper into what the consequences may bring.

‘Radical’ and ‘doomed’: The case against the ‘bombshell’ Moehrl suit

‘Longstanding conspiracy’: Why the bombshell commission suit matters

MLSListings Live featuring Cloud MLX and Cloud Streams

It’s been a while since I’ve been able to demo our products. But, luckily and I was given the opportunity by the folks at MLSListings, on their MLSListings LIVE YouTube channel. I think it came out pretty good. We’ve added a few enhancements over the past couple of years and are super proud of these products.

Happy 4th of July

“I love America more than any other country in this world, and, exactly for this reason, I insist on the right to criticize her perpetually.”

James Baldwin

Listing Bits Podcast Episode 73: A New Business Model for the MLS – with Colette Stevenson of REsides

What if it was easy for an MLS to raise money to develop the data services it needs and run the software its customers use?

Colette Stevenson is CEO of REsides, the premier MLS in South Carolina. Formerly known as Hilton Head MLS, REsides serves REALTORS who represent properties in both South Carolina and Georgia, maintaining the most dependable and powerful data in the marketplace. 

On this episode of Listing Bits, Colette shares the story of the rebrand from Hilton Head MLS to REsides, explaining what differentiates her team’s vision from that of the average MLS.

Colette describes how REsides is developing a new business model to address the challenge of raising capital for software development and discusses why she’s open to collaborating with MLSs anywhere in the US.

Listen in to understand Colette’s disciplined way of thinking about potential changes to cooperation and compensation—and learn how REsides is empowering agents and brokers with data in a way that keeps the industry at the center of the real estate transaction.

What’s Discussed:  

How Colette’s background in the ticketing industry informs her work at REsides

What REsides is doing to keep the industry at the center of the real estate transaction

The story of the rebrand from Hilton Head MLS to REsides

What differentiates REsides’ vision from that of the average MLS (and how being small benefits Colette’s team)

Where buyers in the Hilton Head market come from and why Colette is open to collaborating with MLSs anywhere in the US

How REsides is developing a new business model to address the challenge of raising capital for software development

Colette’s take on what keeps MLSs from making bold moves (and how REsides is overcoming it)

Colette’s disciplined way of thinking about potential changes to cooperation and compensation

REsides’ mission to empower agents and brokers with data

Connect with Colette:

REsides

Colette on LinkedIn

Resources: 

‘Atlanta’s No. 1 Broker Bought Homes for Big Investors From 600 Miles Away’ in The Wall Street Journal

Our Sponsor:

Cloud CMA for Brokers

Looking for a new gig?

Market Manager (East Region) – Zenlist

“We are looking for a highly entrepreneurial and organized individual to lead the development and growth of our business in the Eastern United States, starting with the Washington DC metro area.

Zenlist has a proven track record of success in the Central (Midwest) region with over 4,500 agents and 30,000 of their clients actively using Zenlist. Our collaborative home search platform provides a vital tool for real estate agents to efficiently work with their clients while also providing immense value to them.

With Zenlist’s launch in several new MLSs, we need someone to drive growth and adoption with agents and brokerages in these areas by fostering relationships and building systems to scale the business in this region.

The find out about this job or post a job, please visit the Vendor Alley Job Board.

Industry Relations Podcast: Solving The Home Affordability Problem Ft. Rob Chrane

This week on Industry Relations, Rob and Greg are joined by Rob Chrane of Down Payment Solution. Rob brings his thirty-plus years of experience to the table. They talk about the many programs that are available that people are missing out on and what paths can be taken to afford a home in today’s market.

Watch us on YouTube or listen on your favorite podcast player or just click below.

Patrick Dodd was officially named CoreLogic CEO

CoreLogic Names Patrick Dodd CEO

“Charles Davis, CEO of Stone Point Capital, said, “We are thrilled that Pat is assuming the role of CEO on a permanent basis. Pat has demonstrated his dedication to the company following his role as CoreLogic’s chief operating and growth officer and holds almost three decades of proven leadership and value creation in the information services industry. We look forward to continuing to work with Pat as CoreLogic advances its strategic priorities.”

From what I’m hearing is that Pat has been actively reaching out and meeting with MLS clients personally, in person. Which I think is a first for a CoreLogic CEO. He and the entire CorLogic executive leadership team was at CoreLogic Client Summit. Another first.

So far I like this guy’s style.

eWebinar partners with NAR’s REACH Program

eWebinar Partners with REACH Program to Help Real Estate Tech Startups Scale Agent Onboarding and Training

“Many tech vendors have grown accustomed to offering live webinars because they’re extremely effective and customers love the personal touch – but those come with major hurdles. Someone always has to be available to run those webinars, which is exhausting and not always possible for companies with limited resources.”

Great news. The thing about eWebinar is that you need to try it before you fully understand how it can change your business. Follow the link below to find out more.

Try eWebinar => Greg’s eWebinar

Triangle MLS partners with Rental Beast

Triangle MLS and Rental Beast Announce Partnership

“The Triangle housing market, including four stakeholder REALTOR® Associations, is one of the hottest in the country, with Raleigh landing in 2022’s top three hottest markets nationwide. Designed to empower Triangle MLS Subscribers and their clients, Triangle MLS Subscribers will enjoy direct access to cutting-edge rental lead generation and listing technologies, including a robust and rental-focused add/edit and native search toolset to enhance exposure for rental properties, syndicate rental listings, and generate and qualify rental leads.”

Lots of activity in the rental space, which is a good thing.

Sponsored By MLS Reset