Welcome to ”The Update Podcast with Saul Klein, John Reilly, and Tristan Ahumada” – your go-to source for the latest developments and insights in the ever-evolving world of Real Estate. Join industry veterans Saul and Tristan as they delve into breaking news, trends, and expert analysis, keeping you informed and ahead of the curve. Tune in to stay updated and empowered in the dynamic landscape of real estate.
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What is The Update Podcast with Saul Klein, John Reilly, and Tristan Ahumada?
The Update Podcast with Saul Klein, John Reilly, and Tristan Ahumada is a business podcast hosted by Unknown Host, with 53 episodes on record and a Required Pod Score of 80. PitchCentric scores this show on Booking Probability, Listen Score, and live audience signals refreshed every 24 hours.
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Unknown Host hosts The Update Podcast with Saul Klein, John Reilly, and Tristan Ahumada, a business show with 53 episodes published.
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Episode #53
Episode 53: Real Estate Commission Lawsuits Explained: FTC, Zillow, And MLS Rule Changes
Aug 20, 202626 min
What does the FTC lawsuit against Zillow and Redfin mean for real estate agents? Tristan Ahumada, Saul Klein, and John Reilly return to examine the latest chaos brewing behind the scenes, and yes, it involves lawyers, politicians, and a whole lot of money. We look at the upcoming bench verdict for the huge FTC real estate lawsuits focusing on the Zillow Redfin antitrust lawsuit. Apparently, paying your competitor a casual $100 million to quit the online rental advertising space raises some eyebrows in Washington. Who knew? We go over what this means for real estate industry updates and your daily real estate broker operations. We also discuss the fun drama surrounding the Compass real estate lawsuit, private listing networks, and the inevitable MLS rule changes causing headaches across the board. The Department of Justice real estate probe and federal trade commission guidelines create a situation where real estate technology companies might finally have to play under new rules. It is hilarious that we used to keep property listing data in secret, heavy books, and now buyers treat real estate data transparency like a fundamental human right. This directly impacts real estate consumer expectations and current real estate market trends 2026. As we look at these real estate regulatory changes and ongoing antitrust violations in real estate, you will understand why buying and selling homes is getting more complicated. We chat about national association of realtors news, real estate portals, and the overall real estate market consolidation. Will this change the real estate commission structure or the real estate commission rules you rely on? Probably. We also touch upon the multifamily housing market, property management rules, and fair housing laws getting caught in the crossfire of these real estate court cases. #RealEstateUpdates #ZillowLawsuit #RealEstateNews #RealEstateAgents #AntitrustLawsuit
Episode 52: Housing Market Updates: NAR Battles ARA, Zillow Lawsuits & Kelly Blue Book Homes
Aug 5, 202631 min
Housing market prediction searches pop up everywhere, leaving agents confused about what happens inside top real estate brokerages. Welcome to The Update with Tristan Ahumada, Saul Klein, and John Reilly. We deliver the latest real estate industry news to keep you ahead of sudden housing market changes. Agents wanting honest real estate advice land right here. We analyze current real estate market trends and where the real estate business is heading. First on our real estate market updates menu: the clash between the National Association of Realtors and the new American Real Estate Association. Is this realtor association a true threat, or just an excuse to complain about realtor fees? With Compass real estate and top real estate agents involved, real estate consolidation is consuming the real estate industry. Will this lower your real estate commission, or cause headaches when joining a real estate brokerage? We also review states allowing MLS access without a realtor. Next, we discuss ongoing real estate lawsuits and dramatic real estate litigation altering how you handle MLS listings. In the Zillow vs CoStar lawsuit, massive companies are fighting over copyright, MLS data, and who gets to train artificial intelligence in real estate. Agents using real estate lead generation tools in their local real estate market must pay attention, because your photos are being harvested for profit. Then, we review Kelly Blue Book Homes, because someone thought house pricing should function exactly like selling a used car. Can an auto site handle home valuation and tell you how much is my house worth better than standard Zillow home estimates? We also dissect the recent real estate antitrust probe where Congress is eyeing off-market properties and secret pocket listings. Anyone involved in buying a home, selling a house, or real estate investing should care about why politicians are scrutinizing home prices. Finally, we cover real estate agent training, the surprising LPT Realty IPO, and agents using smart real estate software to win. Check out our real estate market analysis series on The Data Advocate to stay informed. Subscribe, leave a comment, and tell us your thoughts on the constant real estate market crashing panic! #RealEstateNews #NARvsARA #ZillowLawsuit #RealEstateSoftware #TheUpdate
Real estate market trends tell you exactly what is going down right now while the whole industry gets a major reality check. This episode of The Update has Tristan Ahumada, Saul Klein, and John Reilly breaking down what you actually need to know to keep making money. Our real estate expert hosts take a quick break from bragging about their vintage boats to explain why the housing market is feeling a ton of pressure. Local real estate agents who think these legal giant battles won't touch their daily grind are completely missing the big picture. We look at the newest real estate lawsuits to show how these random property industry updates mess with your day-to-day business. The massive Compass lawsuit, the giant Zillow portal, and the Northwest MLS are locked in a heavy fight over listing data control. On top of that, buyer agent commission changes and real estate commission lawsuits are forcing a giant regulatory reset all over the country. If you want to understand what happens after that crazy Sitzer Burnett verdict, we lay out the current antitrust litigation updates without making your brain hurt. Saul and John simplified a super messy topic into a clean real estate infographic focused on the absolute future of real estate. We look at whether local areas face total data fragmentation or if a single national MLS will ever actually happen. Honestly, local housing markets love their independence, so a single system is going to be incredibly tough to build. New tech keeps popping up every single day. We explain how smart tools and artificial intelligence tools give a massive technological advantage to agents who actually use them. Meanwhile, huge brokerages are trying to lock down their market share through quick brokerage consolidation and big company mergers. We also have a good laugh at Bed Bath & Beyond buying Fathom Realty. People are calling it a bold real estate business strategy, but combining a residential property purchase with kitchen towels is definitely a choice. Keeping your commission split high, fixing your lead generation, and building real client trust requires actual industry expertise. The smart pros look way past a single home sale to see how new tech-driven real estate platforms handle daily property listings. #RealEstateLawsuit #ZillowVsCompass #RealEstateAgent #MLS #Commissions #HousingMarket #PropTech #LabCoatAgents
Episode 50: Zillow vs Compass: The Wild Battle for Real Estate Data, Listings, and Your Leads
May 20, 202641 min
Every two weeks Tristan Ahumada, Saul Klein, and John Reilly look at the headlines and wonder if the drama will finally slow down, but the friction in the real estate market just keeps accelerating. This episode breaks down the massive clash between industry giants, focusing on the legal feud between Zillow vs Compass and how Chicago’s MRED and the Northwest MLS got dragged into the mix. Saul takes us on a quick history lesson spanning the last 25 years, tracking everything from the birth of the IDX feed and VOW rules to the days when a listing was simply a marketing asset. Back then, realtors put a physical sign on a front lawn or ran a newspaper classified ad for the sole purpose of generating a fresh buyer lead. Eventually, the industry made a major miscalculation by handing all of its proprietary property data over to web portals for the sake of exposure, which backfired tremendously. Now, those exact same platforms are selling those identical real estate leads back to the original listing agent, all while pocketing a 30% to 40% cut of the hard-earned commission. The tables are turning, however, as Compass attempts to build a protected walled garden using a private listing network, while Zillow fights back with a strict program designed to ban listings that fail to hit the MLS system on time. John breaks down Zillow’s massive data moat, explaining how they track both consumer behavior and agent behavior through a proprietary system that now connects straight into CRM platforms like Follow Up Boss. Just when the real estate industry seems as messy as humanly possible, Google is stepping into the sandbox through a pilot project with House Canary and Come Home, allowing brokers to utilize Google search for property data. This leaves us wondering if artificial intelligence will completely change how people look for homes, bypass traditional portals entirely, and leave legacy companies facing total financial ruin. From intense antitrust fights to Saul's massive 16-page white paper, this conversation covers exactly where the business is heading. #RealEstate #Zillow #Compass #MLS #PropertyData #FollowUpBoss #GoogleRealEstate #TheUpdate
Episode 49: MLS Secrets: The Multi-Billion Dollar Battle for Listings
May 6, 202627 min
The real estate market operates on a massive pile of data that most people ignore until it gets sold back to them for a premium. Tristan Ahumada, Saul Klein, and John Reilly gets into why portals like Zillow and Compass are obsessed with controlling listings before they even hit the open market. This episode breaks down the move toward private listing networks and why "Team Zillow" and "Team Compass" have completely different philosophies on who gets to see a home first. If you think the MLS exists just for your convenience, you are playing checkers while billion-dollar entities are playing real estate chess. Everything from the Real and Remax merger to the rise of AI forecasting with House Canary comes down to one thing: who gets the data first wins the consumer eyeballs. We look at the "gray market" where information is packaged and sold without the MLS seeing a dime, and why consolidation is the only path forward. Every agent should understand how portals use an API to hit servers thousands of times a second just to get a two-day jump on the competition. This conversation gets into the weeds of data monetization and why the current system often feels like a success tax on brokers who actually do the work. What You Will Learn: The reason big portals pay the same entry fees as a small brokerage. How Zillow uses a two-day jumpstart to dominate search rankings. The reality of "Real Max" and what consolidation means for your fees. Ways the MLS can track gray market data to protect your information. #RealEstateNews #MLS #Zillow #CompassRealEstate #PropTech #RealEstateData #BrokerageStrategy #HousingMarket2026 #TristanAhumada #TheUpdate
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