Will Commission-Sharing Sites Thrive Amidst DOJ Ruling? | The Real Word 321
Byron Lazine and Nicole White discuss the rise of commission sharing sitesโspecifically Nesthook.com and Listingsplit.comโthe acquisition of Xome (DIY sales platform) by Mr. Cooper Group, and how Xome compares to Opendoor
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Connect with Byron Lazine:
https://www.instagram.com/byronlazine
Connect with Nicole White:
https://www.instagram.com/nicolewhite.ct/
This episode's sources:
https://www.marketwatch.com/story/nearly-55-000-home-sellers-to-receive-62-million-in-refunds-from-opendoor-76cbe6a9
https://www.housingwire.com/articles/mr-cooper-group-subsidiary-launches-diy-sales-platform-no-agent-needed/
https://www.inman.com/2024/06/03/commission-disclosure-platform-aims-to-sidestep-nar-mls-rules/
https://www.realestatenews.com/2024/06/03/commission-sharing-sites-are-cropping-up-will-they-last
Resources mentioned:
https://listingsplit.com/
https://www.nesthook.com/
https://www.mrcooper.com/
https://www.mrcoopergroup.com/
Timestamps:
00:00โ01:15 Intro
01:15 Racket 1: Commission-sharing sites are cropping up
03:35 โHereโs an interesting thing about domainsโฆ.โ (DNJournal.com)
06:04 Listingsplit.com and Nesthook.com (commission sharing sites)
11:29 Knowledge Brokers pod mention (from last Friday, 05/31/24)
12:33 โThereโs absolutely nothing creative about thisโฆโ (Miller)
13:08 โStop Zillowโ - mention from episode one of Real Word
14:58 Taking the websites one by one, starting with Nesthook.com
16:49 Listingsplit.com (geared towards sellers and buyers)
20:33 Racket 2: Mr. Cooper Group subsidiary launches DIY sales platform
23:36 What is Mr. Cooper Group?
24:33 Headline of article on Xome acquisition and comparison to Opendoor
28:42 โIs Xome stopping with investors orโฆ?โ
31:51 Live YouTube Objection Handling event Thursday at 3 pm ET
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#commissions #Zillow #Opendoor
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