The REcolorado Acquisition: A Red Pill Moment for Brokers

The REcolorado Acquisition: A Red Pill Moment for Brokers

Author: Rob Hahn and Greg Robertson July 3, 2024 Duration: 56:28

The recent acquisition of REcolorado by private equity firm GI Partners has sent shockwaves through the real estate industry. In this episode, Rob and Greg discuss the history of MLS privatization and the tensions between associations and MLSs. They shine a light on the lack of member control and power dynamics within the industry, exposing important truths about data ownership. 

 

This is a red pill moment for brokers and agents as they realize the potential risks and benefits of private equity ownership of MLSs. The duo also discuss the trend of decoupling and its potential impact on the MLS and realtor associations. Are realtor associations truly serving brokers and agents in their local communities? Is it time for them to consider their value proposition and even potentially sell off their MLS? 

 

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

 

Find, buy and protect the homes you love with CoreLogic.

 

Follow this link to subscribe to Industry Relations YouTube page

Listen to the podcast on Apple

Listen to the podcast on Spotify

Connect with Rob and Greg: 

Rob's Website

Greg's Website

Our Sponsors: 

CoreLogic

Notorious VIP

This podcast is produced by Two Brothers Creative 2024.


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
Podcast Episodes
Bravery and Impact of the MLS Stance [not-audio_url] [/not-audio_url]

Duration: 39:44
Have you been keeping up with the latest updates in MLS policies? Rob and Greg break down the key details of Bright MLS's clear cooperation policy and NWMLS's decision not to remove compensation data from their system. B…
The Potential Implications of Dropping CCP [not-audio_url] [/not-audio_url]

Duration: 44:19
Are the rumors true? Is Bright MLS really going to drop the Clear Cooperation Policy (CCP)? Rob and Greg explore the potential implications of this decision, and speculate on the motivations behind it and its potential i…
Portal Wars and Raising the Bar at NAR [not-audio_url] [/not-audio_url]

Duration: 1:00:20
Who is winning the portal wars? In this episode Rob and Greg talk about the future of the MLS and debate which company they would bet their life savings on – Zillow, REALTOR.com, or Homes.com. Providing insights into the…
Walking the Line - Words Matter [not-audio_url] [/not-audio_url]

Duration: 45:07
What is the difference between the threat of steering in an illegitimate way and being transparent and informing your client? In this episode, Rob and Greg discuss the difference between steering and fiduciary duty in re…
Zillow's Touring Agreement and Consumer Experience Simping [not-audio_url] [/not-audio_url]

Duration: 1:00:19
With buyer agreements having to take place before a showing and Zillow's new touring agreement what will the end consumer experience be? In this episode, Rob and Greg discuss updates on the NAR settlement and Zillow's ne…
The $250M Settlement That will Impact the Industry [not-audio_url] [/not-audio_url]

Duration: 57:30
HomeServices of America has reached a settlement in the slew of commission lawsuits. Now that a huge domino has fallen, what will happen next in the industry? Rob and Greg discuss the next steps in the commission lawsuit…
CoStar Acquires Matterport: The Photography Wars [not-audio_url] [/not-audio_url]

Duration: 42:29
How will CoStar's recent buyout of Matterport affect the industry? In this episode Rob and Greg dive into the recent acquisition of Matterport by CoStar and how Rob and Greg predicted this years ago. How will Zillow resp…
Unpacking Pulte Group's Objection to the NAR Settlement [not-audio_url] [/not-audio_url]

Duration: 51:24
Join Rob and Greg in this episode as they talk about the recent objection filed by Pulte Homes to the NAR settlements. Are they valid and will they make an impact? Also, what is Real Estate 3.0? Greg expands on what it m…
NAR's Continuing Legal Battles [not-audio_url] [/not-audio_url]

Duration: 54:30
Not one week goes by without some huge industry news surrounding NAR. In this episode, Rob ang Greg discuss the D.C. Circuit Court of Appeals' reversal in the NAR vs. US lawsuit, paving way for a new probe in the wake of…

«1...678910