On today’s Knowledge Brokers Podcast, UK estate agent Matt Nicol joins Byron Lazine, Tom Toole, and Lisa Chinatti to break down Zillow’s Preview announcement, eXp’s rollout of non-exclusive “Coming Soon” listings, and Compass dismissing its lawsuit against Zillow.
They also compare the U.S. and U.K. models, debating portal dominance, potential pay-to-play listing exposure, and what these shifts could mean for agents and consumers moving forward.
⏰ Timestamps
01:02 Matt Nicol Background
03:50 Topic 1: Zillow Preview Announcement
04:41 Jeremy Waxman Quote
13:01 Are We Getting Into a Pay to Play Scenario for Listings in the future?
16:54 With no MLS, how much does it cost to place listings in the UK?
21:40 Is Right Move a Monopoly? Matt Nicol’s response: “Without a doubt…”
26:21 “Part time agents aren’t going to make it.”
29:49 Do you think we’re going down a slippery slope with paying these portals?
34:15 Topic 2: eXp Launches Non-Exclusive “Coming Soon”
37:58 Press release: Preview listings receive premium placement
46:04 Matt Nicol Explains Compensation Packages in the U.K.
48:45 Topic 3: Compass Lawsuit dismissal
53:13 Tom Toole’s Insights about the Compass Lawsuit Dismissal
56:19 Do you think the UK real estate industry would be better with buyer agency?