Industry Relations

Rob Hahn and Greg Robertson
Industry Relations

This is Industry Relations, a podcast that is at the intersection of real estate and technology from an insider’s perspective. Hosted weekly by Rob Hahn (The Notorious ROB) and Greg Robertson.

  1. DEC 11

    Supply, Demand and Deregulation with Professor Bryan Caplan

    Overview In this special episode of Industry Relations, Rob and Greg welcome economist and author Professor Bryan Caplan to discuss his latest book, Build Baby Build: The Science and Ethics of Housing Regulation. The trio dives into the housing crisis, exploring how deregulation could address affordability, inequality, and other societal issues. Bryan’s insights challenge conventional thinking, offering bold solutions for the future of housing.   Key Takeaways • Core Argument: Bryan argues that excessive housing regulations have driven up costs, stifled innovation, and exacerbated inequality, advocating for widespread deregulation. • The 50% Reduction Claim: Deregulation could halve housing prices nationwide by enabling construction and reducing bureaucratic hurdles. • NIMBYism and Local Politics: Local resistance to development, often driven by fear and misinformation, remains a significant barrier to solving the housing crisis. • Economic and Social Benefits: Lower housing costs could address issues like inequality, mobility, and declining birth rates, while also improving quality of life. • Role of Realtors: Real estate professionals and associations could play a pivotal role in advocating for deregulation to increase housing supply and affordability.   Watch Us on YouTube   Check out Bryan's amazing graphic novel: Build Baby Build: The Science and Ethics of Housing Regulation   Connect with Rob and Greg:  Rob’s Website Greg’s Website   Our Sponsors: CoreLogic Notorious VIP The Giant Steps Job Board   Production and Editing Services by Sunbound Studios

    1h 5m
  2. DEC 4

    Understanding both sides of the housing market

    Episode Summary: In this episode, Rob and Greg tackle the latest developments in the housing market and its broader implications for real estate professionals. From dissecting the DOJ’s recent moves to exploring how transactions and home prices define market strength, the duo brings sharp insights and engaging commentary to these critical topics.   Discussion Highlights: • DOJ’s Statement of Interest: What it means for buyer agreements and competition in the real estate market. • Market Metrics Debate: Rob questions whether housing market health should be based on transactions and sales volume rather than just home prices. • Affordability and Transactions: The ongoing challenges of affordability and declining transaction volumes in shaping the housing landscape. • Broker Challenges: Navigating regulatory uncertainties and adapting to evolving DOJ scrutiny. • Future Predictions: Speculating on the DOJ’s next steps and potential impacts on real estate practices.   Key Takeaways: • The DOJ aims to promote competition, with specific attention on transparency and buyer agreements. • Home prices and transaction volumes tell different stories about market strength. • Brokers and agents face significant uncertainty as they adapt to legal and market changes. • The need for consumer awareness and transparency remains central to the evolving real estate industry.   Watch us on YouTube!   Connect with Rob and Greg:  Rob’s Website Greg’s Website   Our Sponsors:  CoreLogic Notorious VIP The Giant Steps Job Board   This podcast is produced by Sunbound Studios

    58 min
  3. NOV 27

    What the DOJ’s recent Statement of Interest really means for real estate

    Episode Summary: In this timely episode In this timely episode (recorded Monday, November 25), Rob and Greg dive deep into the DOJ’s recent statement of interest in the Burnett settlement. They break down the key points raised, including the potential antitrust concerns surrounding the requirement for buyers to sign agreements before home tours and the broader implications for real estate brokers and agents.   The discussion highlights: • The DOJ’s clarification that compliance with the NAR settlement does not shield brokers or agents from future antitrust actions. • Concerns about how the buyer agreement provision could stifle competition and negatively impact consumers. • Speculation on the DOJ’s broader strategy and its potential impact on real estate practices, including commissions and agent-broker dynamics. • The challenges brokers face in navigating conflicting legal and regulatory signals.   Key Takeaways: • Brokers and agents must carefully navigate the evolving legal landscape, balancing compliance with the settlement and potential DOJ actions. • The DOJ’s intervention signals its readiness to continue scrutinizing real estate practices, including beyond the terms of the settlement. • Transparency and adaptability will be critical for real estate professionals moving forward. Watch us on YouTube! Vendor Alley:  DOJ files eleventh hour statement of interest in Sitzer/Burnett Case Rob’s Substack: A Look at the DOJ's Statement re: NAR Settlement   Connect with Rob and Greg:  Rob’s Website Greg’s Website   Our Sponsors:  CoreLogic Notorious VIP The Giant Steps Job Board   This podcast is produced by Sunbound Studios

    54 min
  4. NOV 13

    And they all fall down...

    Greg just landed back home from NAR Boston and Rob is curious to what insights he learned.  Greg’s main insight is that he isn’t as young as he once was. 1.  Election Impact on Real Estate: • Rob and Greg delve into the recent election results, exploring how potential changes in government could impact HUD and real estate policies. • Debate on the future leadership of HUD and the potential impacts on the industry. 2. National Association of Realtors (NAR) Conference Recap: • Greg shares insights from the recent NAR conference, touching on the atmosphere post-election and key sessions he attended. • Discussion about attendee sentiment, especially regarding political and economic concerns within the real estate industry. 3. MLS (Multiple Listing Service) & CCP Discussions: • The episode dives deep into the complexities of MLS structures, with Greg suggesting a “domino effect” that could lead to significant industry shifts if CCP (Clear Cooperation Policy) and co-mingling rules were altered. • Speculations on Zillow’s role in the MLS space, its motivations, and how upcoming changes might benefit or challenge existing MLS structures. 4. NAR’s Controversial Communication: • The hosts criticize NAR’s handling of sensitive topics, including CCP discussions, arguing for more transparency and authenticity in its public communications. 5. MLS Independence and Potential Changes: • Rob and Greg discuss the possibility and challenges of MLS organizations operating independently of NAR. • Debate around whether separating from NAR could lead to more effective and regionally responsive MLS services. 6. Event Announcements: • Promotion of the upcoming “MLS Reset Conference” in Arizona (January 2025), organized by Greg and colleagues, aimed at exploring the future of MLS and real estate industry evolution and the Clariety25 Conference in February. Watch us on YouTube!   Operating Cash Flow for  REA Group (Australia) from Mike Deplete How much does U.S. Department of Housing and Urban Development in the United States pay?     Connect with Rob and Greg:  Rob’s Website Greg’s Website   Our Sponsors:  CoreLogic Notorious VIP The Giant Steps Job Board   This podcast is produced by Sunbound Studios

    56 min
  5. NOV 6

    Industry Relations Podcast: The Worst of All Possible Worlds?

    Episode Overview Rob and Greg explore how the upcoming election could reshape the real estate industry, focusing on regulatory impacts, DOJ actions, and antitrust issues. They also discuss potential changes to industry practices and transparency in agent behavior. Key Topics 1. Election Predictions: • Friendly wager on election outcomes, with predictions on how results could shift real estate policies, especially through DOJ and FTC actions. 2. Antitrust Settlement and NAR Challenges: • Tanya Monestier’s objections to the recent antitrust settlement, highlighting concerns over consumer confusion and potential loopholes that could benefit attorneys over consumers. 3. Future of Industry Regulation: • Speculation on how political shifts might influence NAR’s regulatory environment and broker responsibilities. • The potential for new, transparent compensation practices led by industry figures like James Dwiggins. 4. Ethics and Agent Behavior: • Debate over real estate agent intentions, balancing consumer interests with profit motives, and the industry’s response to Monestier’s critiques. Key Takeaways • Election’s Influence on Real Estate: Election outcomes may bring regulatory changes, with possible implications for NAR and antitrust enforcement. • Transparency and Trust in Agent Practices: Increased focus on clear buyer agreements and ethical practices to protect consumer trust. Watch Us on YouTube  Our Sponsors CoreLogic Notorious VIP The Giant Steps Job Board Production and editing services by: Sunbound Studios

    1h 1m
  6. OCT 30

    Endless Opportunities with Jack Miller of T360

    Overview: Rob and Greg talk with Jack Miller, CEO of T360, about the recently released “Opportunity Report” and its significance for the real estate industry. The discussion focuses on how real estate leaders can navigate current challenges and seize opportunities in the face of regulatory changes, declining transaction volume, and industry consolidation.   Key Topics:   1. The Opportunity Report: • A newly released report from T360, available for free at theopportunityreport.com. • Provides a 100-page analysis of risks and opportunities in the real estate industry. • Includes insights from over 50 industry leaders on how to approach challenges in the current market. 2. The Role of the MLS: • Jack emphasizes the importance of the MLS as a marketing and data platform, even without mandatory compensation rules. • MLS consolidation is expected, with strong MLSs providing more value to their users. 3. Legal and Regulatory Pressures: • The real estate industry is under scrutiny from the DOJ and faces multiple lawsuits. • These challenges present an opportunity for brokerages and MLSs to innovate and improve transparency. 4. Future of Associations: • Jack discusses the potential for separating MLS and Realtor associations and restructuring governance. • Associations need to adapt and provide more value beyond just MLS access to remain relevant. 5. Opportunities in a Challenging Market: • Jack urges leaders to lean into change and view the current market as a chance to innovate and grow. • The report highlights that companies that embrace change during tough times can emerge stronger.   Watch us on YouTube!   Reach Out: Jack Miller on LinkedIN Download the Opportunity Report at theopportunityreport.com.     Connect with Rob and Greg:  Rob’s Website Greg’s Website   Our Sponsors:  CoreLogic Notorious VIP The Giant Steps Job Board   This podcast is produced by Sunbound Studios

    58 min
4.9
out of 5
33 Ratings

About

This is Industry Relations, a podcast that is at the intersection of real estate and technology from an insider’s perspective. Hosted weekly by Rob Hahn (The Notorious ROB) and Greg Robertson.

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