The Future of Real Estate Commissions in the U.S. | Spencer Rascoff | Former CEO of Zillow

09/30/24 • 17 min

In the very first episode of Seemed Like a Good Idea, I’m thrilled to kick things off with none other than Spencer Rascoff, Co-Founder and former CEO of Zillow and the current Chairman of Pacaso. Spencer’s career has been filled with high-stakes decisions and fascinating lessons, making him the perfect guest to start this journey with.

In this episode, we dive into some of the most important moments in Spencer’s career:

Why Pacaso had to scale back and implement layoffs after rapid growth
Zillow’s failed attempt to introduce real estate auctions in the U.S.
The current state of real estate commissions and the role of the DOJ in shaping the industry
Insights into the challenges of launching new ventures in the social media and travel spaces

Spencer shares candid reflections on the ups and downs of entrepreneurship, offering valuable lessons for founders and executives alike.

09/30/24 • 17 min

Seemed Like a Good Idea - The Future of Real Estate Commissions in the U.S. | Spencer Rascoff | Former CEO of Zillow

Transcript

Mike Russo00:00:00.239

Hello and welcome to seem like a good idea podcast. I'm your host, Mike Russo, and this is where I dive into the key decisions that shape the careers of some of the world's top executives, entrepreneurs, and investors, exploring the outcomes of ideas that seemed great at the time. Today, I'm excited to be joined by Spencer Rascoff. Spencer co founded Zillow. He's former CEO and is co founder and chairman of Pacaso. Spencer, welcome to the show.

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