SOTM 23: NAR Invests in Blockchain Startup Propy: Are Dues Being Spent Wisely?

June 12, 2019

The National Association of Realtors recently backed blockchain startup Propy via Second Century Ventures, the NAR’s investment arm. Was this a wise use of resources? Considering the fact that the NAR is largely funded through membership dues, we’re not sure. On today’s show, we analyze the NAR’s investment in Propy along with some of the organization’s past investments. Plus, we discuss the poor performance of real estate stocks as of late, ways to grow during a market downturn, and more.

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Listen to today’s show and learn:

  • NAR invests in blockchain startup Propy [3:37]
  • Investments NAR has made in the past [10:00]
  • RE/MAX co-founder Dave Liniger spends millions on company stock [16:40]
  • Should investors roll the dice on real estate stocks? [20:38]
  • Why poor stock performance shouldn’t affect agents [23:58]
  • How to grow during a market downturn [27:05]
  • The uberization of bird dogs: DealMachine [28:31]
  • How to break through your goals.
  • Plus so much more.

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