Notorious R.O.B. joins Byron Lazine and Nicole White to discuss two Realtor association scandals, the possible impact of the Anywhere and RE/MAX settlements on the industry, the NAR membership requirement, and the possibility of buyer commission financing by the FHFA.

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

Connect with Nicole White: https://www.instagram.com/nicolewhite.ct/

Connect with Notorious R.O.B.:

—Substack: https://notoriousrob.substack.com/

—Instagram: https://www.instagram.com/notorious_rob_blog/

—Twitter: https://twitter.com/robhahn?lang=en

—YouTube: https://youtube.com/channel/UCvkcWxxBT9q0HXOMtZuTeHQ

This episode's sources:

https://notoriousrob.substack.com/p/revealed-priorities-of-realtor-politics

Industry Relations Podcast: https://www.youtube.com/watch?v=NtK8ILGY5uw&t=0s

Timestamps:

00:00–02:02 Intro & welcome to Notorious R.O.B.

02:02 Starting with Byron’s “arena” comment

10:10 Press attention for NAR’s sexual harassment scandal vs SDAR corruption

13:58 SDAR corruption for 10 years and its impact on other corporate leaders

18:53 Kenny Parcell vs. SDAR board members (who are still employed)

22:09 "If you want to be a CT Realtor, you have to be in NAR; is that not a tie-in agreement?"

24:24 “I think the MLS and the Realtor association need to get divorced….”

25:21 Roughly 70% of Realtors joined the association just to get MLS access.

27:13 Will settlements nix the NAR membership requirement for Anywhere & RE/MAX agents?

2925 Could there be a new association to replace NAR?

32:31 Do we believe this is sexual harassment…?

37:57 If Kenny Parcell was innocent, wouldn’t he be fighting to prove his innocence?

41:39 Why is Kenny Parcell described as a volunteer when he was making $300K/year?

43:33 Will FHFA finance buyer commissions? “My one thing about that….”

46:47 “I would argue that it might be better for agents if that were not the case….”

49:38 “Every settlement like this creates more incentive for copycat lawsuits.”

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#nationalassociationofrealtors #realestatenews #realestatepodcast