2024 ORE Year End Recap

2024 ORE Year End Recap

Author: Rob Hahn and Greg Robertson December 25, 2024 Duration: 53:56

In this Industry Relations episode, Rob and Greg reflect on the pivotal events of 2024, dubbing it "The Year of the Settlement." They analyze the seismic shifts in real estate, including the impact of high-interest rates, low inventory, NAR's declining influence, and the ripple effects of major lawsuits. The duo also previews what these changes could mean for 2025 and beyond, setting the stage for a new era in real estate.

 

Key Takeaways

2024: A Year of Change: Why the settlement and other industry events signal the dawn of Real Estate 3.0.

NAR's Decline: The fallout from scandals and lawsuits has shifted perceptions of NAR as an industry powerhouse.

Housing Market Woes: High-interest rates and inventory challenges persist, affecting transactions and industry morale.

The CCP Debate: Controversy surrounding Clear Cooperation Policy continues to evolve, with implications for the future of MLSs.

Compass's Moves: The acquisition of @properties and its strategy around private exclusives sparks debate.

 

Washington Post CCP Article

 

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Connect with Rob and Greg: 

Rob's Website

Greg's Website

 

Our Sponsors:

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Production and Editing Services by Sunbound Studios


Industry Relations is a weekly conversation hosted by Rob Hahn, also known as The Notorious ROB, and Greg Robertson. It operates at a unique crossroads, examining where the business of real estate collides with and is reshaped by new technology. This isn't a surface-level tech review; the discussion comes from an insider's perspective, built on years of direct experience within the field. Each episode delves into the practical implications of software platforms, shifting market data, and emerging business models that are actively changing how properties are bought, sold, and managed. The hosts analyze trends, debate strategies, and often challenge conventional wisdom, providing a nuanced look at the forces driving change. Listening to this podcast offers a deeper understanding of the operational and entrepreneurial challenges faced by professionals navigating this evolving landscape. You'll hear specific case studies, evaluations of new tools, and forward-looking predictions about what's next for the industry. The tone is direct and informed, reflecting the hosts' deep background, making it essential for anyone invested in the future of real estate as a business. Tune in for thoughtful, weekly analysis that goes beyond the headlines.
Author: Language: English Episodes: 100

Industry Relations
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