TMLS State of the Union - Midyear 2024

Triangle Real Estate Podcast

A critical turning point for the real estate industry is here, and it’s happening fast.

In this episode I’m joined by Matt Fowler, the executive director of Triangle MLS. We talk about the changes outlined in the MLS proposed settlement and what they mean for real estate professionals.

We explore new regulations around buyer agency commissions and the steps Triangle MLS is taking to comply. We also discuss technological advancements in transaction management systems designed to smooth out these transitions.
As always, Matt brings his invaluable insights and practical advice. Plus, we tease some key information about our upcoming Prop Tech South event.

Don't miss this essential episode that could define your next steps in real estate.

Specifically, this episode highlights the following themes:

• Proposed NAR settlement and its implications for commission structures
• Adoption and impact of RESO standards in Triangle MLS
• Future plans for rental management and data handling

Links from this episode:

• Get to know more about Matt Fowler:
  https://www.proptechsouth.com/speaker/matt-fowler
• Connect with Matt Fowler:
  https://www.linkedin.com/in/matttriangle
• Register for PropTech South on September 19,2024:
  https://www.proptechsouth.com

1ae5b43598204883b524f061d4880e6d10fca88c (for podfollow.com)

Chapters

1. Introduction (00:00:00)

2. Buyer's agents' pay changing, MLS to contract term (00:03:40)

3. Anticipating future disclosure and impact of settlement (00:10:21)

4. Stimulating competition in payment of fees (00:11:33)

5. MLS sets new data standards, allows customization (00:18:11)

6. Extended contracts for vendors due to data issues (00:19:36)

7. New brand launch, consumer focus, upcoming changes (00:22:41)