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Timestamps:(00:00) Introduction(01:01) The Residential Agency Brokerage Business Is “The Largest Cartel In The U.S.” Argues Jack Ryan(18:01) Is This Legal?(23:24) Role of Multiple Listing Services (MLSs)(28:32) Zillow’s Business Model(35:24) VanEck Ad(36:04) Rex’s Plans To Go Public Disintegrated After Material Slowdown In Business Upon Zillow Change(39:39) Long And Short Ideas If Brokerage Fees Were To Go Down(44:26) If Brokerage Is Such A Good Business, Where Are All The Excess Profits?(48:40) How Zillow’s Business Decision May Have Impacted Rex Homes(54:11) Rex’s Lawsuit Against Zillow, NAR, and Trulia(01:05:55) National Association of Realtors (NAR) Has A Grip On Washington DC(01:11:59) Closing Thoughts On Strength Of U.S. Housing Market__Disclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.