Welcome to Real Talk Real Estate, the show where we cover how to build wealth in real estate with no fluff, no BS, and no sales pitches. I'm David Green, and I've been doing this for over 10 years. I've seen the ups, the downs, and everything in between. This is the show where we pull back the curtain and show it to you too. So if you want to build wealth through real estate or you just love learning about it, you found your home. What's going on? Real Talkers,

welcome to Real Talk Real Estate. I'm David Green. And this is Real Talk Realtor. And I am joined today by

Chris Lloyd, broker, owner of Coast Coast Real Estate, Virginia. And we've got some semi-breaking news.

Now, if you were following me on YouTube, you might have got the notification that we went live to bring some pretty big real estate news to you. And if you didn't watch it live, you might have seen the video, but you should go check that out if you didn't. Today, we're going to be getting into a deeper dive on that very topic. What is going on in the world of real estate sales? and how are the big shakeups that's taking place

going to affect the way that we serve our clients and make our living. Chris, thanks for joining me

today. Absolutely. Thanks for having me, David. Excited to get into this one. Yeah. Now, is our new

Mike logo showing up in the camera angle? That's my first question. Can you see Coast Coast real estate there?

No, not in yours. Okay. It might be when we record, they don't show you the same thing as what you get when you're watching. So if you're watching this on YouTube, you might be able to see it. But it's pretty nifty logo. And you'll also notice Chris has got it right there on his chest and his hand. Yeah. I do have it'm waiting on my new microphone that this will fit on it won't work on this one he sounds good

but he's going to sound even better folks stay tuned all right so Chris break down a little bit about

what we talked about on the YouTube live what you're following and what's going on yeah for

sure so we're keeping a real close eye on some stuff that's going on in the real estate sales industry, right?

So typically we're always looking at the market and people are always asking us, you know,

how's the real estate market doing, right?

Well, we're taking a look at the industry as a whole because there's a lot of shakeups going on, right?

So there is a big

lawsuit between Compass and Zillow regarding how sellers can advertise their property through

Compass that isn't really in line with Zillow's objectives, right? That's the real high level

thing of what's going on. Compass is saying seller should have the right to advertise properties in

any way that they see fit. And Zillow is basically saying that they want all properties in the

MLS for exposure to everyone and everybody has access to it. They all both have their motives.

And long story short, that is like the high level view of what's going on.

Now, how is that different than the way we're set up right now? It kind of explain the way the MLS works currently.

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