You can buy as much land in the Metaverse as you want, but that won’t help you when it’s raining. You need an actual roof over your head. When it comes to long-term success for any industry, do we need to put more value in “real” things? For decades, the market has been placing more and more value on the intangible rather than what’s real and necessary, and Rob and Greg dive into how they believe that’s about to change and what it means for the real estate industry.
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This podcast is produced by Two Brothers Creative 2022
It was the breakup heard around the real estate world! CoStar and BPP split, so what does that mean for the industry? This episode features an in-depth look at what CoStar is really up to and what that could mean for the MLS. Rob and Greg are back together again after a couple weeks apart, but the intensity has not wavered one bit! Could CoStar be waiting for government intervention? Is the MLS currently in jeopardy? Is real estate doomsday really right around the corner? It’s time for a brawl (at least, that’s what Greg thinks), and we have the insight you need to stay informed.
In this throwback 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!
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So, the partnership between two real estate juggernauts has come crashing down. What happens next? CoStar and BPP have agreed to not pursue a partnership that would have helped create a national listing site to compete against third-party portals like Zillow; however, dreams can often turn to nightmares, and reality can often be worse than both. As Greg is on the road, this episode features some quick commentary from Rob on the partnership gone awry and what consequences lie ahead.
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Real estate is changing faster than ever before, so what do you need to know now to prepare for the pitfalls ahead? Enter Spencer Rascoff, co-founder of Zillow and Pacaso and considered by many to be the next Gary Keller of real estate. A PropTech guru, Rascoff discusses the past, present, and future of property technology, what to watch out for, and how to find success in the ever-changing world of real estate.
More with Spencer Rascoff!
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Industry Relations welcomes our new sponsor Earnnest
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Buyers paying their own commission – is this a catastrophe or an opportunity? Do buyers know how their agents get paid? How much money is actually going where it’s supposed to go when it comes to buying real estate? Industry leaders Rob Hahn and Greg Robertson share their insight on MLS and the future of the real estate market. On stage and in front of a live audience at the MLS Tech Forum in Las Vegas, this is a special presentation from the industry's most influential podcast.
Special shout out to Stephanie Hill of the Greater Las Vegas Assn. of REALTORS and MLS Board Chairman, Rich Robledo for making this happen.
Industry Relations is sponsored by NoteRouter
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What does the future of pocket listings look like? Alive and well, or well…dead? What has more of an impact on pocket listings: the MLS or the internet? In this episode of Industry Relations, Rob and Greg discuss Bright MLS' recent study and try to predict the future of pocket listings, how to reach the “right buyer,” and whether or not marketing to a more exclusive clientele is really worth it in the end. Could this be the death knell of pocket listings, or is this just another example of the market being the market?
Industry Relations is sponsored by NoteRouter at https://www.noterouter.com/
Industry Relations welcomes our new sponsor Earnnest at https://earnnest.com/
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Will the next Gary Keller please stand up?! Rob and Greg discuss who has the potential to be the next Gary Keller? What does it take to establish yourself as a powerhouse in real estate? What qualities does Gary Keller have that upcoming leaders of the industry are lacking?
From narrowing down the next real estate superstar to discussing Compass’ implosion to examining the rise in inflation and profits compared to the stagnation of income, Rob and Greg get heated on the topic of: “Why should a company pay its employees more if they’re not being more productive?”
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Industry Relations welcomes our new sponsor Earnnest at https://earnnest.com/
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Quotes:
Rob: “As an anarchist, I want the government out, but more from an economic standpoint. It has to be production, right? If they’re creating ten widgets a week today, they have to be able to create 11 next week.”
Rob: “You can pay people more if that’s going to make them more productive. Without an increase in productivity, why would you pay someone more?”
Rob: “The point that I’m making is it feels like unicorn, reality-denying, socialist bullshit to be like, ‘corporations should just pay people more.’ You can’t just pay people more; there has to be some connection productivity.”
Big news! Adam Neumann is back and lands a huge $350 million deal with Andreessen Horowitz. Is this the beginning of the disruption Rob and Greg have been talking about? When companies are laying people off what is the impact of this deal?
Rob and Greg explore these questions and what the big vision is for Adam Neumann’s company, Flow. We revisit last episode’s Opendoor and Zillow conversation and why Greg believes Rob is still wrong about it all.
Also, Rob dug up 10 years of REALTOR numbers and scale of success for the real estate industry will surprise you!
It’s a jam packed episode you can not miss!
Link to MLS Tech Forum:
https://members.lasvegasrealtor.com/news/2022-mls-tech-forum/panelists
Industry Relations is sponsored by NoteRouter at https://www.noterouter.com/
Industry Relations welcomes our new sponsor Earnnest at https://earnnest.com/
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It’s the partnership everyone’s talking about: Zillow and Opendoor. But who is the bigger winner? Rob and Greg have a bit of a different opinion on who is getting the most out of this deal and how the FTC will play a big factor going forward.
With Zillow’s massive audience now having access to Opendoor’s instant cash offers and iBuying platform, is the real estate market on the verge of a major change, or is this new business deal just the latest trend? Rob and Greg break down the pros and cons of this major partnership.
Industry Relations is sponsored by NoteRouter
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Rob and Greg discuss Northwest MLS’s new listing agreement. They talk about why companies should start training now and do what Northwest MLS is doing. Rob and Greg roleplay what scenarios agents can expect. Also, Greg compliments Rob on his trap laying skills and why a lot of results end up the same.
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How much does the economy affect the housing market? Or do we buy and sell homes based on what’s happening in our individual lives more than what’s happening on Wall Street? In this episode, Rob Hahn and guest host Keith Robinson talk about the rollercoaster that is real estate, if there ever was a stable housing market, and how authenticity can be the deciding factor in whether or not an agent has long term success.
Industry Relations welcomes our new sponsor, NoteRouter at https://www.noterouter.com/
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Inflation is known to follow housing trends. Rob and Greg discuss the unpredictability of today’s market and why costs are bloating. What steps need to be taken? Are our hierarchy of needs where they should be? Why investors should look longterm. Greg tiptoes on an ominous path and Rob reveals why he bets the dark side.
Industry Relations welcomes our new sponsor, NoteRouter at https://www.noterouter.com/
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Sometimes that dead horse you’re beating turns out not to be that dead. In this episode of Industry Relations, Rob and Greg break down the recent lawsuits that are popping up in the Midwest and how they’re going to affect real estate. Could buyers be forced to pay their agent’s commission? If you sold a house in the last nine years, could you be subject to compensation? Is the sky really falling or are Rob and Greg’s predictions coming to fruition?
Link Greg mentioned: www.https://realestatecommissionfacts.com/
Industry Relations welcomes our new sponsor, NoteRouter at https://www.noterouter.com/
Listen to the Industry Relations Podcast, available on all podcast platforms:
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Connect with Rob and Greg:
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Cloud MLX
https://cloudagentsuite.com/tools/mlx
Notorious VIP
In 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
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https://www.stitcher.com/show/industry-relations
Connect with Rob and Greg:
Rob’s Website
Greg’s Website
Our Sponsors:
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Cloud MLX
https://cloudagentsuite.com/tools/mlx
Notorious VIP
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.
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How fair is the American economy and who decides what constitutes “fair”? Should the government intervene with the dealings of major American companies, specifically big tech companies, to break up their stranglehold on the U.S. marketplace and its competition, or lack thereof? And how will Biden’s executive order on fair competition affect real estate? In this episode, Rob and Greg go back and forth on the need for competition, what role the Federal Trade Commission should play, how the stock market might be affected, and how much more blood we can expect in the streets.
Link to the Biden order: https://www.whitehouse.gov/briefing-room/presidential-actions/2021/07/09/executive-order-on-promoting-competition-in-the-american-economy/
Link to Greg’s Bloomberg article:
https://www.vendoralley.com/2022/06/16/looking-for-some-talent/
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When autodialers attack! This episode dives into the Realogy lawsuit and what it means for cold calling in not just real estate but other professions as well. Where does the buck stop when it comes to accountability regarding robo-calling? Between outsourcing calls to reallocating marketing funds to more content creation, Rob and Greg discuss the difference between having a profession versus having a job, and how your passion for your craft can often lead to more unique marketing opportunities over standard over-the-phone promotion/dialing for dollars.
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On this episode of Industry Relations things get chaotic. Rob and Greg break the fourth wall in a desperate attempt to talk to the young people about Biden’s Housing Bill and the American Dream so they decide to bring on the show producers, E.J. and Ben. Rob and Greg have very different definitions of the American Dream. Rob is more Norman Rockwell, while Greg is more in line with impulsivity. They also discuss layoffs and whether the real estate market has become unappealing to potential new agents.
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This week on Industry Relations, Greg is out on a vacation in paradise. In his absence, Rob blesses our listeners with an exciting conversation on real estate brokers with his wife, Sunny Lake Hahn. Sunny has first hand experience with brokers because she worked as one at the beginning of her career. Her account of those years involved whiskey, vodka, and many, many tears. Rob and Sunny agree on one thing though: the future of real estate brokers is bleak.
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On this episode of Industry Relations, Rob and Greg are joined by real estate royalty Saul Klein. He discusses the Black Knight/ICE deal to us like we’re five years old, and we try to understand it. Disagreements about, and arguments over its perceived effects.
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On this week’s episode of Industry Relations Greg and Rob welcome Sam DeBord, CEO of RESO, to the show as they dig deep into data standards and why Sam DeBord & RESO need an axe! The guys talk about how to survive week-long conferences as it is officially convention season in America. They talk with Sam about MLS, Web API, RESO, brokers and vendors, and much more!
Learn more about RESO's CEO Sam DeBord: https://www.reso.org/sam-debord/
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On this week's episode of Industry Relations, Greg is back home from the T3 Conference, and tells Rob what he heard. The event was fantastic with many thought-provoking interviews. The duo also discuss the importance of companies having a “prepper” mindset for taking big risks in the world of prop-tech. Join us!
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On this week's episode of Industry Relations, Rob and Greg take a look at some ongoing lawsuits within the real estate realm. They take aim at some lawsuits that shouldn’t have been dismissed, and speak on some that definitely should be thrown out. They get into the intentions of the companies involved and how the Fair Housing Act can be overlooked unintentionally, but still have consequences for minority groups, elderly people, and disabled people. Join us!
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This week on Industry Relations, Greg is out on a vacation in paradise. In his absence, Rob blesses our listeners with an exciting conversation on real estate brokers with his wife, Sunny Lake Hahn. Sunny has first hand experience with brokers because she worked as one at the beginning of her career. Her account of those years involved whiskey, vodka, and many, many tears. Rob and Sunny agree on one thing though: the future of real estate brokers is bleak.
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