The listing wars just hit a new level. Zillow rolled out Zillow Preview, teaming up with major brokerages including Keller Williams, RE/MAX, HomeServices of America, Side, and United Real Estate to push pre-market listings into public view on Zillow and Trulia, while insisting the product will operate alongside its Listing Access Standards. Then eXp answered with its own pre-marketing syndication deal across Realtor.com, Homes.com, and ComeHome.com. This week, we break down what this means for agents, sellers, portals, transparency, private inventory, and the future of listing distribution.

We're also digging into why more sellers are testing the market before going fully live, and whether this "pre-market" phase could actually increase supply or just create a new battlefield in the portal wars. Redfin says giving sellers room to test pricing and demand before full launch could boost inventory by 6% to 12% in some markets, while industry leaders are already warning this latest Zillow move should be a serious pulse check for the business.

On top of that, we tackle one of the week's most uncomfortable stories for the industry: a Florida seller reportedly used ChatGPT, a flat-fee MLS, and an attorney to sell a home without a listing agent and close in just five days. We'll talk about what that does and does not mean for real estate agents, and where human value still matters when consumers start experimenting with AI-driven transactions.

Then we zoom out to the broader market: NAR's response to new executive orders aimed at housing affordability and mortgage lending, a hotter inflation backdrop pushing expectations for the next Fed cut further out, refinance demand getting crushed as rates jump, pending home sales rising 1.8% in February, and fresh signs that geopolitical uncertainty is starting to mess with consumer confidence around major purchases like homes and cars.

If you want real talk on Zillow Preview, pre-market listings, private inventory, mortgage rates, housing affordability, Fed policy, pending home sales, AI in real estate, and what it all means for agents, buyers, and sellers, this is the episode for you.

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