SOTM 23: NAR Invests in Blockchain Startup Propy: Are Dues Being Spent Wisely?

Real Estate Rockstars Podcast

Aaron Amuchastegui

Investing, Careers, Business

4.6 • 864 Ratings

🗓️ 12 June 2019

⏱️ 36 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The National Association of Realtors recently backed blockchain startup Propy via Second Century Ventures, the NAR’s investment arm. Was this a wise use of resources? Considering the fact that the NAR is largely funded through membership dues, we’re not sure. On today’s show, we analyze the NAR's investment in Propy along with some of the organization’s past investments. Plus, we discuss the poor performance of real estate stocks as of late, ways to grow during a market downturn, and more. Get Instant Access to Hundreds of Free Real Estate Tools Visit hibandigital.com/toolbox Claim Real Estate Discounts, Free Trials, and More Visit hibandigital.com/resources Sponsors Rebus University - Get Over $10,000 in Real Estate Training for as Little as $97 Visit futureofrealestatetraining.com PadHawk - Find Your Market's Best Leads for FREE with a 7-Day Trial Visit padhawk.com Roddy's FLS - Discover Unbeatable Real Estate Deals with a FREE Foreclosure List Visit 4closure.info

Transcript

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0:17.0	So the big question is this, how do most agents who don't have access to the secrets that the top agents hoard to themselves grow and prosper in today's real estate environment? That is the question and this podcast will give you the answers.
0:23.0	I'm Pat Hyman and welcome to real estate rock stars. And now for the review of the day.
0:35.0	Got a five-star review from Panjesarit. He said I love this podcast I listen to it every day.
0:45.3	Interviews are packed with value, state of the market with Kevin Coppin and Pat Hyman.
0:50.2	Great Project! Please be careful who you asked to be the co-host,
0:55.0	State of the Market 19.
0:57.0	Yes, okay, Pan Gisserit was talking about episode 19.
1:02.0	That was with Benjamin Bresington. He did not
1:06.9	agree with what Remax had done with Redfin, said it was short-sighted and I think that threw a couple people off so
1:15.8	Okay, keep the comments coming guys. I love them and remember I eat feedback for breakfast so give me a one-star review if you want, or a five-star review if you want.
1:26.8	I don't care.
1:27.8	And the more reviews we get, the better guests we get.
1:31.2	So please, subscribe first, and then leave us a review or wherever
1:36.1	you're listening. Welcome Rock Star Nation. Thanks for tuning into the State of the Market
1:49.8	Podcast with your host Pat Hyman and Kevin Kaufman.
1:54.0	All right, Rock Star Nation.
1:57.0	Welcome to State of the Market. I'm here with my co-host, Kevin Koffman.
2:08.0	Kevin. Kevin. What is going on, brother? How are you doing?
2:12.0	Good buddy.
2:13.0	Congratulations I saw some news I'll bring it up and I know you didn't ask me to bring this up and I'm gonna bring it up anyway see your
2:18.8	podcast next level ages was recommended was nominated for the
2:23.8	inman what is it some in an award right they call it the innovator award I don't know
	...

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