Is It Too Easy To Become An Agent? (John Foong vs. Jacob Caine)
Description
Is the bar to entry in real estate too low, or is "high regulation" just a gatekeeper that kills innovation?
In this episode of EDGE CASE, we tackle the industry’s most controversial question: Will raising professional standards limit our access to talent?
We forced two of the biggest brains in the business to flip a coin and argue the case.
THE DEBATE CARD:
The Affirmative (John Foong): Argues that raising standards kills diversity and that the best talent often comes from outside the traditional mould (the "Uber" defence).
The Negative (Jacob Caine): Argues that low barriers to entry have created a massive trust deficit and that we must treat real estate like a true profession (the "Doctor" defence).
THE TWIST: They flipped a coin to decide who would argue which side. Stick around for Round 6, where they drop the act and reveal what they actually believe.
In this episode:
(00:00 ) The "Kim Kardashian" real estate theory
(04:52 ) The Coin Flip: Who argues what?
(06:50 ) Round 1: John Foong on why standards kill talent
(08:58 ) Round 1: Jacob Caine on the "Trust Deficit"
(11:05 ) Round 2: Cross-Examination (Uber vs. Taxis)
(16:57 ) Round 3: Evidence Bombs & Ethics Rankings
(28:50 ) TRUTH REVEAL: What do they actually think?
Guest Bios: Jacob Caine is the President of the REIA and CEO of Ray White Commercial (VIC/TAS). He is a vocal advocate for professionalizing the industry. John Foong is a global tech leader with a resume spanning Google, Uber, and Domain. He brings a Silicon Valley perspective on disruption and hiring at scale.
Connect with our guests:
Jacob Caine on LinkedIn: https://www.linkedin.com/in/jacobcaine/
John Foong on LinkedIn: https://www.linkedin.com/in/johnfoong/
Cast Your Vote: Who won the debate? Cast your vote in Monday's Elite Agent Brief: http://thebrief.eliteagent.com/
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