Rather than trying to predict the future of real estate and act accordingly, Gene Millman is working to collaborate with brokerages to create the future together. He comes to MLS leadership from a unique perspective, leveraging his experience running a brokerage to find ways to say YES to his members and champion the industry as a whole.

Gene is the CEO of Northern Nevada Regional MLS. With 32 years of experience in the real estate industry, he served as an agent, broker-manager and broker-owner before making the transition to MLS executive. Greg has held key leadership roles with various local, regional and state associations, and his recognitions and honors include Realtor of the Year for the Delaware Association of Realtors and Hall of Fame Inductee at the New Castle County Board of Realtors.  

Today, Gene explains how serving on the board at TREND introduced him to the MLS world and how working on consolidation ignited his passion for the space. He introduces us to his mission to partner with brokers and create a future together. Gene also offers his predictions around the potential iBuyer market share and shares his take on portals as a broker versus MLS exec. Listen in for insight on creating culture within a team and securing buy-in for your vision—and learn how Gene’s background as a broker influences his approach to running an MLS.

What’s Discussed: 

How serving at TREND introduced Gene to the MLS world

How MLS consolidation ignited Gene’s passion for the space

The differences among governance models from MLS to MLS 

Gene’s approach to running the MLS to serve the brokers

Why Gene doesn’t believe that the MLS is under threat 

The MLS’s responsibility to secure data, give brokers control

Gene’s aim to partner with brokers + create a future together

How a market correction may impact views toward the MLS

Gene’s take on portals as a broker-owner vs. MLS executive

Gene’s predictions around the potential iBuyer market share

The value in creating culture + getting buy-in for your vision

Resources:

T3 Summit

TREND MLS

Connect with Gene:

Northern Nevada Regional MLS

Gene on LinkedIn

Where to listen:

Listing Bits is also available on Apple iTunes or Google Play

Can anyone confirm this? Looks like their OpCity acquisition might be taking primary focus.

Developing….

UPDATE: Inman News has more details. Realtor.com Lays Off Arizona Sales Team, consolidates in California.

The Department of Justice Demands CoreLogic Turn Over Documents and Answer Questions

“Anyhow, we move on to the Schedule to see what the DOJ wants CoreLogic to produce. I won’t quote the entire wall of text, since you can read the CID yourself above. But it seems pretty clear what the DOJ is after, isn’t it?
The first major area is whether MLS members can search for properties based on amount or type of cooperating commission offered. The DOJ seems very interested in whether MLS subscribers can search by commission amount, or type, and if not, why not. The DOJ wants every email or letter between CoreLogic and its customer MLSs that pertain to how much a member can and cannot search by commission amount or type.”

Rob Hahn

I think Rob does a better job than I could of breaking down the CID (he also has a copy of the report to read).

It’s hard for me to decide if this and the Moehrl v. NAR lawsuit are actually going to amount to anything. I’ve been in this business for close to 27 years and I’ve seen lawsuits come and go. The industry just adapts.