Market Trends 12/1 - 12/5 2025 - Real Estate Leadership Changes, MLS Reforms, and Agent Commission Insights

In this December 1st episode of the Market Trends Podcast, hosts Steve Kaempf and Matt Lombardi discuss major real estate industry updates, including leadership changes at the National Association of Realtors under CEO Nakia Wright, new MLS membership policies, a Consumer Policy Center report on agent commissions, Chicago’s record property tax increases, surging home prices, and market predictions for 2026. The episode also features insights on AI’s impact, sports banter, and announcements about upcoming events and legal updates for real estate professionals.Podcast Introduction (00:00:00)NAR Leadership and Turnaround Efforts (00:01:19)NAR Governance, Budget, and Industry Consolidation (00:03:07)MLS Policy Changes and Decoupling (00:08:23)MLS Access Trends and Regional Differences (00:10:14)Commission Litigation and Broker Responses (00:12:09)Consumer Policy Center Report on Commissions (00:13:03)Commission Consistency and Market Dynamics (00:14:55)Consumer Impact and Policy Implications (00:17:49)Chicago Property Tax Increases (00:20:20)Neighborhood and Suburban Tax Trends (00:24:08)Realtor Response and Proposed Tax Solutions (00:25:55)Chicago Home Price Growth (00:26:33)Market Activity and Inventory Trends (00:28:20)Chicago Real Estate Predictions for 2026 (00:29:57)Role of AI and Technology in Real Estate (00:32:51)Strengthening Consumer Trust (00:34:56)City vs. Suburb Market Nuances (00:35:38)Inventory Expectations for 2026 (00:37:22)Chicago Bears and Local Sports Segment (00:39:05)Upcoming Podcast and Zoom Session Announcements (00:40:23)Podcast Closing (00:41:53)Full episodes available at www.peoplenottitles.comPeople, Not Titles podcast is hosted by Steve Kaempf and is dedicated to lifting up professionals in the real estate and business community. Our inspiration is to highlight success principles of our colleagues.Our Success Series covers principles of success to help your thrive!www.peoplenottitles.comIG - https://www.instagram.com/peoplenotti...FB - https://www.facebook.com/peoplenottitlesTwitter - https://twitter.com/sjkaempfSpotify - https://open.spotify.com/show/1uu5kTv...