In this final episode of the year, Rob and Greg deliver their predictions for 2025, exploring how the real estate industry will evolve. They tackle everything from transaction volumes and mortgage rates to the fate of MLSs and the potential unraveling of the three-way agreement. Along the way, they discuss societal trends, like the importance of community and the role associations can play in bringing people together, while reflecting on industry dynamics and the future of key players like Realtor.com and Compass.
Key Takeaways
• Predictions for 2025: Rob and Greg forecast transaction numbers, mortgage rates, home prices, and the biggest M&A moves.
• The Fate of MLSs: Discussion on whether MLSs will remain relevant or adapt to changing times.
• Unraveling the Three-Way Agreement: The potential impact of associations like Phoenix breaking away from NAR.
• The Importance of Community: Inspired by the book Bowling Alone and the documentary Join or Die, they discuss how associations can evolve to foster better connections.
• Major Industry Moves: Speculation on Realtor.com’s next big acquisition and predictions around mergers like Bright MLS and Stellar MLS.
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