Notorious POD

In this episode, I chat with Jim Klinge of Bubbleinfo.com about his prediction that the end of buyer agency is nigh *without* government action. Jim has been a real estate broker in the San Diego area for decades and has seen the industry change from the ground up. We talk about how the market has changed, how incentives are now against buyer agency, and what we might see over the next few years as a result. 

Musings is a solo version of the Notorious POD in which I think out loud about issues in the economy, technology, and real estate industry. In this episode, I think out loud about AVMs, appraisers and the future of valuation at least for purposes of lenders. I've been researching and investigating valuations and appraisals in the context of Defi lending, and a reader sent me the just published Fannie Mae fact sheet on Desktop Appraisal. This feels like something that is potentially a big deal, so I muse about it. ==== Notorious ROB: https://notoriousrob.com/ Twitter: https://twitter.com/robhahn Facebook: https://www.facebook.com/Notorious.ROB.blog

In this episode, I speak with Marnie Blanco, VP of Industry Relations for the co-ownership pioneer Pacaso. We tackle what it takes to introduce a new idea, that of co-ownership of homes, to the real estate industry, especially to the MLS that we both know and love so well while getting frustrated by it. We also address how Pacaso is dealing with NIMBYism across the communities where it is active, and chat a bit about more fanciful futuristic ideas.

Musings is a solo version of the Notorious POD in which I think out loud about issues in the economy, technology, and real estate industry. In this episode, I react to a wonderful video from Blockworks called "What Will Happen if the Fed Raises Rates with Danielle DiMartino Booth." -- https://youtu.be/QbyPYy204U4 I strongly recommend viewers to consider checking out the Blockworks channel and subscribing if topics like these interest you. -- https://www.youtube.com/channel/UCkrwgzhIBKccuDsi_SvZtnQ Since everything is connected, I wanted to weave together the connection between money supply, inflation, asset prices, and homeownership dreams of the next generation.

I truly thought that one of the most significant yet mostly overlooked events of 2021 was the controversy that arose in Missoula, Montana when Brandon Huber, a part-time REALTOR and the pastor of the Clinton Community Church, was brought up on ethics charges with the Missoula Organization of REALTORS. He wrote a letter explaining why his church was withdrawing from a free lunch program with the Missoula Food Bank. Turns out, the church discovered that the Missoula Food Bank included an LGBTQ "Pride" insert in its lunches that was contrary to how the church and its members interpreted the Bible. That led to someone filing a formal complaint with MOR for violation of NAR 10.5 and other provisions, which I collectively call the NAR Speech Code.

Huber then brought a lawsuit against MOR and NAR to fight the ethics charges. The national LGBTQ+ Real Estate Alliance weighed in formally, demanding that MOR and NAR remove him from membership, and demanding that Windermere terminate its relationship with him. That in turn resulted in Windermere denouncing Huber, and making substantial donations to the Missoula Food Bank.

This small event got national press, albeit in the alternative media, and huge local and regional press even in the Corporate Media. I thought this kerfuffle put NAR in a no-win situation, pointed to a real division within REALTOR ranks that will be resolved one way or another in the next couple of years, and accordingly named Brandon Huber as one of my Seven Most Interesting People in Real Estate in 2021.

Thing is, despite all the press that this case garnered, I had never heard Brandon himself speak about what happened, what is going on, and what he hopes to see. Everything we know is from news stories and from his attorney, Matt Monforton, who has been on various media outlets talking about this case. I wanted to correct that.

So I am pleased to be able to interview Pastor Brandon (as his church and his lawyer call him) with his attorney, Matt Monforton, and let him present his side of the story. I dig a bit into the lawsuit, the legal theories, and what Huber's understanding of the NAR rules are. We get into his experiences and what he and his attorney hope to see from this challenge.

Please note that I have invited the LGBTQ+ Real Estate Alliance to present their perspective in a future podcast, as I think it important to try to be as balanced as possible with a controversial topic like this one. I hope to present that interview soon.

Happy 2022! May it be infinitely better than 2021 was!

I thought to kick this year off with a podcast making predictions... or more accurately, discussing and debating predictions already made. My guest is Brian E. Adams of Hooquest, who also made his 2022 Predictions. We talk about his predictions, which are intended to be accurate, and my predictions which are guaranteed wrong. But my predictions have a better soundtrack, so there is that.

I interview Vince Collura, COO, and Lucy Edwards, Director of Client Success for VHT Studios, one of the leading real estate photography networks in the country, on an issue of some importance in real estate that almost never gets talked about: photography and copyrights. We get into the issues with real estate photography and copyrights, why it is that copyright is a real problem, why brokers, agents and even photographers themselves often don't understand the problem, and then explore possible solutions including futuristic blockchain-based solutions.

We return to exploring blockchain technology in real estate with a man whose name was the most often mentioned when I asked my audience for who to speak to. Eric Bryant is a longtime real estate coach and his day job is as the national account director at First American. But he is also the head of southern California chapter of FIBREE.org, the Foundation for International Blockchain and Real Estate Expertise. We get into some of the details about the tech and real estate and where we're at with this technology, what he sees as the real opportunities, and what needs to happen for the industry to get there. As is normal for this series, we're trying to avoid getting too technical but frankly, we can't avoid it entirely. LINKS: FIBREE.ORG: https://fibree.org/ Eric Bryant, LinkedIn: https://www.linkedin.com/in/therecoach/

In this episode, I speak with Peter Lohmann of the Owner Occupied podcast (link below) about problems with REALTOR compensation. He and Kevin Clark debate the issues in a very interesting podcast, and I wanted to follow up with Peter on those discussions. This is a wide-ranging conversation about Peter, property management, REALTORS, NAR, Zillow, etc. ----- Peter's Owner Occupied Podcast channel: https://www.youtube.com/channel/UCGrk6yRgb0NAOBt10z2VZoA The episode with Kevin Clark: https://youtu.be/9XvVBvlpAGA

Taking a break from our investigation into blockchain technology and real estate, we turn instead to a proptech entrepreneur who started a company out of personal frustration, only to discover what she thinks is the real problem in real estate: gatekeeping. Wendy Gilch is the founder and CEO of Sellinglater.com, which is morphing into a consumer education community. I include a video of a presentation that she gave to Customer Commons laying out the gatekeeping problem, and why it affects everything for consumers. I am also joined by Sunny Lake Hahn, whose experience as an agent and broker helps to inform the discussion. ====Links==== Notorious ROB main website: https://www.notoriousrob.com For Wendy Gilch: Linkedin  https://www.linkedin.com/in/wendygilch/ Linkedin Selling Later https://www.linkedin.com/company/selling-later/?viewAsMember=true Facebook https://www.facebook.com/sellinglater Instagram https://www.instagram.com/selling_later/ Youtube https://www.youtube.com/channel/UChAAk97NVzNu9-n_RyNy4bw Tiktok (Wendy) https://www.tiktok.com/@laterwendy IFUNDWomen Account https://ifundwomen.com/projects/consumer-ally-real-estate Website www.Sellinglater.com Direct Community Link https://Community.sellinglater.com