Private listings have become one of the hottest and most divisive topics in real estate. Are they protecting sellers or protecting profits?
In this episode of Real Estate Insiders Unfiltered, Matt Laricy, the No. 1 agent in Chicago by both transaction sides and sales volume, discusses why he believes private listings and hidden inventory ultimately work against the very consumers they’re supposed to serve.
As a fourth-generation Realtor with decades of family history in the business, Laricy provides historical perspective on how the industry evolved from office-exclusive inventory to today’s MLS and why he believes some companies are trying to turn back the clock.
They tackle one of real estate’s most controversial topics, explain why hiding listing information hurts buyers and sellers alike, and discuss what the industry should be doing instead.
Highlights
The discussion also explores the legal battle surrounding Zillow, Compass, and MRED, the importance of transparency in real estate, and why today’s agents should focus less on protecting inventory and more on protecting consumer trust.
You’ll learn:
- Why Laricy believes private listings hurt consumers
- Why more exposure almost always benefits sellers
- The Zillow vs. Compass and MRED controversy
- Why transparency reduces risk instead of creating it
- How top agents actually win listings
This episode offers an honest look at one of the biggest debates shaping the future of residential real estate and why consumer trust should remain at the center of every decision.
Connect with Matt on LinkedIn, Instagram, YouTube and online at mattlaricy.com.
Real Estate Insiders Unfiltered is now exclusively on Inman. Tune in for agent- and team-focused content on Mondays and leadership interviews on Wednesdays each week. Listen on Apple or Spotify.
James Dwiggins is the president of NextHome, Inc. and co-host of Real Estate Insiders Unfiltered.
Keith Robinson is the president of strategy at NextHome, Inc. and co-host of Real Estate Insiders Unfiltered.
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The views and opinions expressed on Real Estate Insiders Unfiltered are those of the hosts and guests in their personal capacities and do not necessarily reflect the views or positions of eXp World Holdings, Inc., eXp Realty, LLC, NextHome, Inc., or any of their respective affiliates, subsidiaries, officers, or directors.