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Rob and Greg open the episode by honoring Glenn Kelman's retirement from Redfin, reflecting on his leadership style, industry impact, and memorable moments. The conversation then pivots to new state-level legislation in Wisconsin and Washington targeting listing transparency, and whether laws attempting to regulate "public marketing" will actually change broker behavior—or simply create loopholes.
Glenn Kelman's legacy: Widely regarded as a first-ballot industry Hall of Famer for his longevity, candor, and mission-driven leadership at Redfin.
Marketing vs. data: "Marketing" a listing is not the same as disclosing full MLS data—an important distinction lawmakers may be overlooking.
Legislation limits: New laws requiring public marketing are difficult to define and enforce, and may fail to prevent private or limited-exposure listings.
Free market tension: Over-regulation can lead to workarounds and unintended consequences rather than the transparency it aims to create.
MLS role evolving: MLS participation is increasingly seen as a trade-off rather than a necessity, though inertia and seller expectations remain powerful forces.
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