June 21, 2024

DOJ's Crackdown, Realtor.com's Toolkit, Zillow's Market Forecast | Knowledge Brokers Podcast 075

45 minutes

Byron Lazine, Tom Toole, and Lisa Chinatti discuss the impact of recent DOJ actions on various industries, particularly real estate, and its implications for commission transparency and business growth. They also talk about potential changes in DOJ policies following this year’s election, along with phase two of Realtor.com’s buyer agency campaign and Zillow’s and Moody’s revised home price predictions.

Watch the KBP episode (ep 69) with Realtor.com CEO Damian Eales: https://www.youtube.com/watch?v=OACmX0EKwAk&t=1823s

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Resources:

https://nowbam.com/doj-responds-to-nar-petition-rehearing-is-not-warranted/

https://nowbam.com/realtor-com-extends-its-buyer-agency-campaign-to-address-homeownership-gap/

https://www.realtor.com/buyeragenttoolkit

https://nowbam.com/may-home-prices-see-smallest-monthly-increase-in-nearly-18-months/

Timestamps:

00:00–00:56 Intro

00:56 Topic #1: DOJ response to NAR: “A re-hearing is not warranted”

01:44 “It isn’t just real estate being attacked” and implications for transparency, etc.

07:39 “I’m predicting that it stalls out…”

08:45 Brokers who have not opted into the NAR settlement

13:22 MLSs that are deciding not to opt in

15:35 Transparency on the MLS and in transaction documents

27:05 Topic #2: Phase two of Realtor.com’s buyer agency campaign and agent toolkit

35:25 Topic #3: Zillow’s and Moody’s revised national home price forecasts

37:31 “Based on the last 12 months…I would place my bet on Zillow’s forecast.”

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Connect with Byron Lazine: https://www.instagram.com/byronlazine

Connect with Tom Toole: https://www.instagram.com/tomtoole3rd/

Connect with Lisa Chinatti: https://www.instagram.com/lisachinatti/

Join the 5AM Call: https://5amcall.com/

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#realtordotcom #dojustice #homeprices

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