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Virtual Realty Group's Michael Lissack on NAR's business model

Virtual Realty Group's Michael Lissack on NAR's business model

FromHousingWire Daily


Virtual Realty Group's Michael Lissack on NAR's business model

FromHousingWire Daily

ratings:
Length:
48 minutes
Released:
Sep 8, 2021
Format:
Podcast episode

Description

This episode of HousingWire Daily features Michael Lissack who was a managing director for 15 years at then-mega Wall Street investor Smith Barney. In the mid-90s, Lissack blew the whistle on how dozens of investment firms priced municipal bonds, a move that led to a Securities and Exchange Commission probe, a $120 million settlement against the investigated companies, and Lissack’s exile from Wall Street.Since then Lissack has pursued a variety of projects. One consistent thread is his work as both a real estate agent and managing broker for Virtual Realty Group. Lissack has now spent two decades in real estate. In this episode of “Houses of Motion” he describes working within real estate’s present dealmaking structure, while also wanting that structure to radically change.
Released:
Sep 8, 2021
Format:
Podcast episode

Titles in the series (100)

HousingWire Daily examines the most compelling mortgage, real estate, and fintech articles reported across HW Media. Each afternoon, the HW team provides our listeners with a deeper look into the stories that are helping Move Markets Forward. Hosted and produced by the HW Media team.