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Ep. 39 | China’s Housing Bubble &NAR’S Biggest Lawsuit | Steve Hawks

In this episode, Nick McLean and Suneet Agarwal interview seasoned real estate expert Steve Hawks. With a track record of selling over 5000 homes and extensive media appearances, Steve delves into the recent NAR lawsuit's far-reaching effects on the industry, emphasizing the escalating damages and advising swift settlements to avoid DOJ involvement. The trio explores the intricate connections between NAR, its lobbying in D.C., and the controversial "Dues" structure. Steve offers insights for new agents navigating the lawsuit's uncertainty, emphasizing the importance of prospecting and adapting to market changes. The discussion also touches on Steve's observations on the Chinese housing market, revealing insights into ghost cities, underground bank investments, and international property purchases impacting the U.S. housing market.

VIDEO CONTENTS:

00:00 Introduction

02:10 Steve’s Take on the NAR Lawsuit

09:30 The Implications of the DOJ’s Involvement

13:59 NAR Lobbying in D.C. & Membership Dues

24:47 Steve’s Advice for the Scared Agent

34:50 Why Steve Thinks You Should Know About the Chinese Market?

Reside Platform Podcast

Would you like to be a guest on the Reside Platform Podcast? We are always looking for incredible leaders in the real estate space to be a guest on our podcast. We are always focused on bringing forward individuals that can provide value and inspiration for our audience.