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
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