Michael Smith
Real Estate Backstage
Each week on Real Estate Backstage we take a behind-the-scenes look at the real estate industry with a conversation designed to help real estate professionals thrive.
Author
Michael Smith
Category
Podcast website
Latest episode
Oct 13, 2025
Where to listen?
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Episodes
Ep. 41 | The Government Shutdown Continues 13.10.2025 34:47
Today on Real Estate Backstage, the government shutdown’s impact on the housing market … the FTC sues Zillow and Redfin … and the MLS PIN settlement receives final approval. ---------------------------------- 😄 Let's connect on social media! Facebook: https://www.facebook.com/real.estate.backstage Instagram: https://www.instagram.com/real.estate.backstage TikTok: https://www.tiktok.com/@real...
Ep. 40 | Compass Acquiring Anywhere! 29.09.2025 30:08
Today on Real Estate Backstage, Compass has reached a deal to acquire Anywhere … Zillow is hit with a new class action lawsuit … The inflation rate continues to increase, but the Fed moved forward with its first rate cut of the year … And a federal judge blocks President Trump from firing Lisa Cook. ---------------------------------- 😄 Let's connect on social media! Facebook: https://www.fac...
Ep. 39 | The Importance of Great Media 15.09.2025 42:46
Today on Real Estate Backstage, I share a recent conversation I had with my friends at Pixlmob on their PropMedia podcast. We discuss the importance of great media in marketing not just your listings, but yourself! ---------------------------------- 😄 Let's connect on social media! Facebook: https://www.facebook.com/real.estate.backstage Instagram: https://www.instagram.com/real.estate.backs...
Ep. 38 | Jobs Slip, Rates Dip! 08.09.2025 19:29
Today on Real Estate Backstage, mortgage rates drop to their lowest level of the year after a weak jobs report … Mr. Cooper shareholders voted to approve the Rocket acquisition … and the DOJ launches a criminal investigation into Fed Governor Lisa Cook. ---------------------------------- 😄 Let's connect on social media! Facebook: https://www.facebook.com/real.estate.backstage Instagram: http...
Ep. 37 | Trump, Tariffs, and Tenants - Oh My! 01.09.2025 22:18
Today on Real Estate Backstage, Fed Governor Lisa Cook files a lawsuit against Donald Trump after his attempt to remove her from her position on the FOMC … an appeals court rejects the legal basis for many of Trump’s “reciprocal tariffs” … and a judge actually sides with a property manager over a tenant in an ESA lawsuit. ---------------------------------- 😄 Let's connect on social media! Fa...
Ep. 36 | Real Estate In Your 401(k)? 25.08.2025 30:53
Today on Real Estate Backstage, Donald Trump signs an Executive Order to pave the way for direct investments in real estate to be included in 401(k)s … A Federal Appeals Court gives the green light for the CFPB to shed 90% of its workforce … Jerome Powell hints at upcoming rate cuts … and Summer sales hit their slowest pace in 10 years. ---------------------------------- 😄 Let's connect on s...
Ep. 35 | Opendoor's CEO Resigns! 18.08.2025 26:44
Today on Real Estate Backstage, Opendoor’s CEO resigns under pressure from investors … The latest inflation data provides mixed signals … Speculation grows over who will replace Jerome Powell as the next Chairman of the Federal Reserve … and changes are coming to mortgage “trigger leads.” ---------------------------------- 😄 Let's connect on social media! Facebook: https://www.facebook.com/r...
Ep. 34 | CoStar Sues Zillow! 11.08.2025 27:36
Today on Real Estate Backstage, a weaker-than-expected jobs report shakes up the economic data, leading Trump to fire the head of the Bureau of Labor Statistics and increasing the odds of a Fed rate cut next month ... the U.S. housing market appears to be stalling ... "Accidental Landlords" are impacting the market ... and CoStar files a lawsuit against Zillow over copyright infringement...
Ep. 33 | No More Tax on Capital Gains? 28.07.2025 36:18
Today on Real Estate Backstage, the inflation ticks back up, leaving the Fed divided on whether to cut rates … LoanDepot finds itself in hot water over alleged violations of Reg Z … And proposed legislation seeks to end capital gains taxes on home sales. ---------------------------------- 😄 Let's connect on social media! Facebook: https://www.facebook.com/real.estate.backstage Instagram: ht...
Ep. 32 | Crypto Scam Targets REALTORS! 07.07.2025 37:48
Today on Real Estate Backstage, the “Big Beautiful Bill” passes through Congress … Strong jobs reports for May and June show the labor market’s resiliency … Inflation continues to cool, but the Fed retains its “wait and see” posture … Housing starts fell 10% in May … Compass sues Zillow over its private listings ban … Opendoor conducts another round of layoffs, while agreeing to pay $39 million to...
Ep. 31 | Could this Solve the "Lock-In" Effect? 09.06.2025 22:26
Today on Real Estate Backstage, NAR overturns its ‘no-commingling’ rule … Redfin shareholders vote to approve the $1.7 billion Rocket acquisition … international demand for U.S. real estate jumps … and an out of the box solution that could be the answer to the “lock-in” effect. ---------------------------------- 😄 Let's connect on social media! Facebook: https://www.facebook.com/real.estate....
Ep. 30 | Foreclosures Jump 23% Year-Over-Year! 02.06.2025 29:35
Today on Real Estate Backstage, a Federal Court blocks Trump’s “Liberation Day” tariffs … Howard Hannah defies NAR’s Clear Cooperation Policy … Moody’s downgrades the Federal government’s credit rating … Foreclosures are up 23% from a year ago … and talk of re-privatizing Fannie Mae and Freddie Mac heats back up. ---------------------------------- 😄 Let's connect on social media! Facebook: h...
Ep. 29 | Could We See 3% Mortgage Rates Again? 19.05.2025 19:16
Today on Real Estate Backstage, the U.S. and China agree to a 90-day de-escalation in the trade war … inflation was lower than expected in April … 1 in 4 potential buyers are waiting for rates to fall below 3% … and we have even more acquisitions on the horizon. ---------------------------------- 😄 Let's connect on social media! Facebook: https://www.facebook.com/real.estate.backstage Instag...
Ep. 28 | What's Next For The Fed? 12.05.2025 23:49
Today on Real Estate Backstage, the Fed decides to hold rates steady, citing stagflation risk … Howard Hanna reaches a settlement with plaintiffs in the Gibson case … A lack of transparency at the Federal Housing Finance Agency is raising questions … and a Redfin investor has filed a lawsuit aimed at preventing the upcoming acquisition by Rocket. ---------------------------------- 😄 Let's co...
Ep. 27 | Are We In a Recession? 05.05.2025 16:45
Today on Real Estate Backstage, the labor market remains resilient with a stronger-than-expected April jobs report … GDP contracted in the first quarter, but it’s actually not as bad as it sounds … A bipartisan bill seeks to give advantages to first-time homebuyers … and Compass files a lawsuit against the Northwest MLS. ---------------------------------- 😄 Let's connect on social media! Fac...
Ep. 26 | Coldwell Banker's $20 Million TCPA Settlement 28.04.2025 21:02
Today on Real Estate Backstage, new home sales are up, while existing home sales are down … Trump walks back his comments about firing Fed Chair Jerome Powell … Proposed legislation seeks to eliminate the Florida Real Estate Commission … and Coldwell Banker agrees to pay $20 million to settle a TCPA lawsuit. ---------------------------------- 😄 Let's connect on social media! Facebook: https:...
Ep. 25 | Compass IDX Feed Cut By NWMLS 21.04.2025 20:47
Today on Real Estate Backstage, the battle between Compass and the Northwest MLS hits a fever pitch … Zillow and Redin both announce bans on listings that don’t follow NAR rules from their sites … consumers begin to react to the new tariff policy … and financial markets have a relatively calm week, recovering from the volatility we saw earlier in the month. ---------------------------------- 😄 Le...
Ep. 24 | Why Did Trump Pause the "Liberation Day" Tariffs? 14.04.2025 22:46
Today on Real Estate Backstage, Donald Trump presses pause on the tariffs for 90 days with everyone except China … We have positive inflation and jobs reports for March … Fannie Mae has fired over 100 employees for alleged fraud … and Compass pushes forward with its private listing network in direct defiance of MLS rules. ---------------------------------- 😄 Let's connect on social media! Fa...
Ep. 23 | Will Trump's Tariffs Crash The Market? 07.04.2025 51:07
Today on Real Estate Backstage, NAR announces changes to its Clear Cooperation Policy … Rocket announces its acquisition of Mr. Cooper … The Federal Reserve holds rates steady … HUD announces it will begin requiring proof of permanent resident status for FHA loans … and Donald Trump’s sweeping new tariff policy goes into place, sending markets tumbling. ---------------------------------- 😄 Let&ap...
Ep. 22 | Rocket to Acquire Redfin 17.03.2025 25:52
Today on Real Estate Backstage, Rocket plans to acquire Redfin … Compass may be in talks to acquire HomeServices of America … Inflation cooled in February, but some signs of economic weakness are beginning to crop up … a proposed bill seeks to severely disincentivize hedge funds from buying and holding single family homes … and AREA proposes an alternative to NAR’s Clear Cooperation Policy. ------...
Ep. 21 | Is Keller Williams Going Public? 10.03.2025 23:27
Today on Real Estate Backstage, Keller Williams takes on outside investment capital for the first time … The United States Treasury announces that it will not enforce the BOI reporting requirement of the Corporate Transparency Act … The Ninth Circuit Court of Appeals sides with Zillow over REX and the DOJ … Some of Trump’s tariffs go into effect, while some are delayed … And the most recent labor...
Ep. 20 | Credit Card Debt Hits a Record $1.2 Trillion 03.03.2025 20:16
Today on Real Estate Backstage, the Corporate Transparency Act is back in effect … The CFPB drops its lawsuit against Rocket Homes … Inventory levels continue to normalize as sales drop … NAR makes its first settlement payment … and consumer credit card debt hits a new record high. ---------------------------------- 😄 Let's connect on social media! Facebook: https://www.facebook.com/real.est...
Ep. 19 | Is the Washington, DC Housing Market Crashing? 24.02.2025 23:05
Today on Real Estate Backstage, social media is flooded with reports of a housing market crash in Washington, DC, but the data paints a different picture … The DOJ gets involved in REX’s lawsuit against Zillow … Phoenix REALTORS® and the National Association of REALTORS® have come to an agreement that brings the local Association back into compliance with NAR’s bylaws … Ron Desantis wants to elimi...
Ep. 18 | HUD Slashing Half of its Workforce 17.02.2025 25:36
Today on Real Estate Backstage, a strong jobs report and higher-than-expected inflation make it less likely that we’ll see another Fed rate cut any time soon … the Department of Housing and Urban Development plans to slash about half of its workforce … A debate over “Days on Market” heats up across the industry … and a broker in New York files a lawsuit against Zillow. ----------------------------...
Ep. 17 | Defund The CFPB? 10.02.2025 13:16
Today on Real Estate Backstage, legislation is introduced to defund the CFPB … the Senate confirms Scott Turner to lead the Department of Housing and Urban Development … the United States reaches a deal with Canada and Mexico to delay the implementation of tariffs … and inventory levels continue to normalize across the country. ---------------------------------- 😄 Let's connect on social med...
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