Episode Details

Across Europe, agents are united in their frustration: inflation, affordability, and low inventory are hitting hard—but the real pain point? Lack of data. They envy the U.S. and Canada’s MLS system, which gives them transparent, real-time market insights. But here’s the twist: when sellers hide listings in private networks, it’s not about choice—it’s about cost, especially for first-time buyers. And the bigger threat? The U.S. mortgage system, built on MLS-driven comparable sales, is crumbling as more deals vanish into private channels. Appraisers can’t verify prices without full data, slowing down valuations and risking accuracy—especially as regulators push for automation. The housing market’s backbone is fraying, and no one’s talking about it.

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