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The David Knight Show

Interview: The Real Estate Guild System Is Collapsing With The Rise Of AI

The David Knight Show

David Knight

Politics, News, Society & Culture, Religion & Spirituality, Christianity

4.6765 Ratings

🗓️ 27 February 2026

⏱️ 64 minutes

🧾️ Download transcript

Summary

International broker Sasha Poparic (Immobilium.io) warns that America’s real estate model—propped up by 6% commissions, NAR control, and artificial scarcity—is cracking under lawsuits, tech disruption, and insurance shockwaves. As AI replaces agents and interest rates lock in, he argues prices could fall 20–30% while insurers quietly double the true cost of ownership.

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Transcript

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0:00.0

Well, joining us now is Sasha Paparik, and he has an international perspective on the real estate market.

0:14.7

You know, we have a way that we have here in America of buying and selling houses, which is different than the rest of the world.

0:21.3

We've only seen one way for several decades, but even that way is undergoing a lot of different

0:27.1

changes. We've had major lawsuits between brokerages and others fighting each other in court

0:33.2

in terms of how listings are going to be done, how real estate is going to be done, commissions and things like that.

0:38.5

Two major lawsuits for the National Association realtors.

0:41.8

One in 2023, that was $1.8 billion.

0:45.9

And then there was another one for $400-something million that happened in 2024.

0:51.3

Meanwhile, there are lawsuits going back and forth between big brokerage companies like

0:54.9

Remax and a service called Compass that is doing exclusive interviews, not interviews, but

1:02.3

listings for a short period of time before they put them out for multiple listing. And so that's

1:07.0

created a competition between Compass and Zillow. So Sasha has a company that is the first international real estate platform.

1:17.0

So I thought it would be kind of interesting to get his perspective on how things are rapidly

1:20.9

changing here in the United States, as well as what is customary internationally.

1:25.5

So joining us now is Sasha Poparic, the founder of Immobilium, I guess, is the way you pronounce it.

1:31.5

Is that correct?

1:32.8

Correct.

1:33.6

And thank you, David.

1:34.7

Thank you for having me on your podcast.

1:37.3

Well, thank you for coming on.

1:38.4

Yeah, it's kind of interesting.

1:39.3

A lot of tech changes are really happening.

...

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