Industry Relations
The Industry Relations Podcast is now available on your favorite podcast player! Overview Rob and Greg discuss MLS autonomy and whether smaller organizations are truly positioned to handle independence from NAR. They examine legal exposure, slow consolidation, and the financial vulnerability of small MLSs. The conversation shifts to AI—highlighting Homes.com’s new voice search experience—and what rapid innovation means for brokers, MLSs, infrastructure, and data access moving forward. Key Takeaways MLS consolidation is happening slowly, but smaller MLSs may face increasing legal...
info_outlineIndustry Relations
The Industry Relations Podcast is now available on your favorite podcast player! Overview Rob and Greg recap MLS Reset, discussing key themes that emerged from the event — including the growing urgency around AI, governance challenges within MLS organizations, and whether the industry is structurally capable of adapting to rapid technological change. The conversation explores the implications of AI on MLS staffing, vendor relationships, compliance, data control, and long-term organizational viability. They also debate whether the traditional industry model — boards, committees, slow...
info_outlineIndustry Relations
The Industry Relations Podcast is now available on your favorite podcast player! Overview Rob and Greg go live to break down major news shaking real estate tech: a judge rules decisively in Zillow’s favor against Compass’s injunction, reshaping the conversation around exclusive listings and distribution. They also recap Inman, including leadership perspectives, vendor pitches, and the ongoing debate around AI’s role in real estate—optimism mixed with caution. Key Takeaways Zillow wins the injunction: The court blocks Compass’s attempt to stop Zillow from enforcing its listing...
info_outlineIndustry Relations
The Industry Relations Podcast is now available on your favorite podcast player! Overview Rob and Greg are joined by Jack Miller (President & CEO of T3 Sixty) for a wide-ranging discussion on the SP 200, changes to T3’s ranking methodology, brokerage business models, agent economics, consolidation, and the future of the MLS as a comprehensive marketplace. Key Takeaways SP 200 methodology update: Rankings now factor in future impact, not just past performance, leading to notable shifts in the Top 10. Agent economics by model: Traditional brokerages show higher average agent income,...
info_outlineIndustry Relations
The Industry Relations Podcast is now available on your favorite podcast player! Overview Rob and Greg open the episode by honoring Glenn Kelman’s retirement from Redfin, reflecting on his leadership style, industry impact, and memorable moments. The conversation then pivots to new state-level legislation in Wisconsin and Washington targeting listing transparency, and whether laws attempting to regulate “public marketing” will actually change broker behavior—or simply create loopholes. Key Takeaways Glenn Kelman’s legacy: Widely regarded as a first-ballot industry Hall of Famer for...
info_outlineIndustry Relations
The Industry Relations Podcast is now available on your favorite podcast player! Overview Rob and Greg dive into a packed week in real estate: the Compass–Anywhere deal officially closes, CoStar announces major spending cuts for Homes.com, and the recently settled Top Agent Network lawsuit raises big questions about the future of Clear Cooperation. They debate what these moves mean for MLSs, brokers, and portals—and preview the industry shake-ups still to come. Key Takeaways MLS Reset is sold out, with Rob returning as a featured speaker. Compass–Anywhere deal closes, surprising some...
info_outlineIndustry Relations
The Industry Relations Podcast is now available on your favorite podcast player! Overview In this episode, Rob and Greg dive into the implications of a future where exclusive listings become the industry norm. They explore how this shift could reshape brokerages, MLS operations, agent recruitment, consumer transparency, and portal business models. With a slow news week in real estate, the discussion becomes a deep speculative analysis of what happens if the market fully embraces private listing networks, how big brokers consolidate power, and whether the MLS becomes a “nice to have” rather...
info_outlineIndustry Relations
The Industry Relations Podcast is now available on your favorite podcast player! Overview Rob Hahn and Greg Robertson close out the year with their annual predictions episode. They debate where housing transactions, interest rates, and home prices are headed, then turn to broader market forecasts. The conversation shifts to industry-specific predictions around lawsuits, private listings, MLS policy, portal strategy, and where consolidation may reshape brokerages and real estate technology next. Key Takeaways Existing home sales, interest rates, and median home price predictions — with very...
info_outlineIndustry Relations
The Industry Relations Podcast is now available on your favorite podcast player! Overview Rob Hahn and Greg Robertson close out the year by revisiting their 2024 predictions and grading how they actually turned out. From transaction volume and mortgage rates to MLS power shifts, NAR’s role, Zillow’s influence, and major industry moments, the episode becomes a candid year-in-review on what really changed—and what didn’t—in real estate. Key Takeaways Greg outperformed Rob on most economic predictions, including transaction volume, mortgage rates, and median home prices. The stock...
info_outlineIndustry Relations
The Industry Relations Podcast is now available on your favorite podcast player! Overview Rob Hahn and Greg Robertson dig into the escalating conflict between Zillow and MRED over private listing networks (PLNs), IDX rules, and Zillow’s Listing Access Standards (ZLAS). What starts as a dispute over listing visibility quickly becomes a deeper conversation about power: who ultimately controls listing data—the MLS or the portal? The episode explores MRED’s emails to brokers, Zillow’s outreach for direct feeds, potential January disruptions, and why this fight could set a precedent for...
info_outlineThe Industry Relations Podcast is now available on your favorite podcast player!
In this episode, Rob and Greg dive into Zillow’s legal strategy in its defense against Compass's lawsuit, focusing on Zillow’s surprising claim that it only facilitates a “single-digit” percentage of real estate transactions. They debate the strategic implications of this position—especially how it could undermine Zillow’s perception of power in the industry—and analyze the broader impact on listing presentations, MLS relationships, and competitors like Compass and Homes.com. They also preview the upcoming Inman Connect in San Diego and discuss potential industry sentiment and attendance given the market’s current challenges.
Key Takeaways
-
Zillow's Legal Strategy: Zillow argues it is not a monopoly, claiming it only facilitates a single-digit percentage of home transactions.
-
Strategic Risk: Rob questions why Zillow would make this claim, suggesting it weakens their perceived power and brand strength in the industry.
-
Agent Sales Impact: The claim could hurt Zillow's Premier Agent business by giving competitors a compelling narrative (“why pay for single-digit exposure?”).
-
Compass Lawsuit Context: The lawsuit stems from Compass’s perception that Zillow’s policies harmed their three-phase marketing strategy and listing exposure.
-
MLS Relationships: Rob and Greg wonder how MLSs might reevaluate their relationships with Zillow after this shift in positioning.
-
eXp-Zillow Data Feed Deal: Rob questions why eXp is sending direct data feeds to Zillow when MLS feeds already exist.
-
Inman Connect Preview: Greg expects a smaller, more introspective crowd due to market conditions. He plans to gather MLS sentiment on the ground.
-
Industry Power Perception: Rob contends Zillow is still the most powerful entity in organized real estate—more than NAR post-clear cooperation—making its current legal stance all the more surprising.
Connect with Rob and Greg
Watch us on YouTube
Our Sponsors:
Production and Editing Services by Sunbound Studios