Was NAR NXT Worth It?? Is Compass PULLING OUT? Housing Crash Ahead?
Compass says MLS data is being used to recruit its agents. Zillow expects every buyer connection it sends to go through Zillow Preferred by the first half of 2027. Who gets to decide which agent gets the next call? I'm back from NAR NXT with four MLS policy changes to talk about and a more personal question: Was the trip worth it, and would I go again? We'll also dig into a housing market where the national median sale price finally slipped, mortgage rates just jumped, and plenty of sellers are still holding out for their price. In this episode, we'll cover: - NAR NXT: What it was like in New Orleans, what I'd go back for, and what NAR's MLS committee approved about listing photos, data feeds and who can use MLS data. - Compass vs. the MLS: Should another company be able to use your sales history to recruit you? We'll get into Compass's demand letters, why California Regional MLS CEO Art Carter says they changed the negotiations, and Compass's decision to restrict salaried employees from association leadership. - Zillow Preferred: About two-thirds of Zillow's buyer connections already go to Preferred agents. What happens to agents who pay for leads today when that reaches 100%? - Would your last client hire you again? NAR reports record agent use among buyers and sellers. The surprise is the gap between buyers who say they'd use their agent again and those who actually do. - Home prices and mortgage rates: October brought the first year-over-year drop in the national median sale price in more than three years. We'll look at why sellers are holding their asking prices and how quickly a rate jump can eat into a buyer's monthly savings. - Two condo sellers for every buyer: Redfin estimates the gap is even wider than that nationwide. How much room does that give a buyer to negotiate? Join us in the live chat: If you were pricing a listing in your market today, what would you tell a seller who wants to hold firm? ABOUT tWiRE tWiRE (This Week in Real Estate) is a live real estate news show examining the biggest stories shaping housing, real estate, mortgage lending, brokerages, agents, buyers, sellers, and the industry.




