Industry Relations

NAR Midyear Recap and then some...


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In this episode of Industry Relations, Rob and Greg recap the 2025 NAR Midyear Meetings in Washington, D.C., discussing key industry developments, MLS policy changes, and behind-the-scenes dynamics. Topics include the repeal of the commingling ban, updates to NAR’s controversial 10-5 speech policy, and ongoing MLS consolidation. They also cover vendor presence, association politics, and speculation around leadership changes in CMLS.

 

Key Takeaways

 

  • Compass “Protest” at Midyear – Greg recounts organizing a publicity stunt in front of Compass’s hotel to promote Tuesday.com 

  • Repeal of Co-mingling Ban – Discussion on how NAR’s removal of the commingling restriction could impact listing syndication and MLS relevance.

  • 10-5 Policy Changes – Rob and Greg unpack the revision of NAR’s hate speech rule, its political implications, and the proposal for a “conduct unbecoming” clause.

  • MLS Consolidation – A growing theme from the meetings was consolidation, with T3 data showing Bright MLS now leading in subscriber count.

  • CMLS Leadership Transition – With Denee Evans stepping down, the episode explores possible successors and whether CMLS and RESO should consider a merger.

  • Policy Governance Shifts – Signs point to NAR possibly stepping back from MLS policy-making, sparking conversation about which organization might take that role.

  • Vendor and Trade Show Insights – Observations about reduced vendor presence and the challenges for newer tech companies trying to break into the space.

  • Affordability and Market Outlook – Brief discussion on macro issues like tariffs, political shifts, and whether the real estate market is moving toward a buyer’s market.

LInks

Rally for the MLS (video)

ZillowGate Van

 

Connect with Rob and Greg

Rob’s Website https://notoriousrob.substack.com/

Greg’s Website https://www.vendoralley.com/about-2/

Watch us on YouTube

Our Sponsors:

Cotality https://www.cotality.com/

Notorious VIP https://notoriousrob.substack.com

The Giant Steps Job Board https://vendoralley.jobboard.io/

 

Production and Editing Services by Sunbound Studios

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Industry RelationsBy Rob Hahn and Greg Robertson

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