Byron Lazine and Nicole White discuss the terms of the NAR settlement, the brokerages (and agents) left out, an article by Rob Hahn aka Notorious ROB, and commission lawsuit plaintiffs seeking $4.7 billion from HomeServices of America.
๐๐๐๐จ๐ฆ๐ ๐ ๐ฆ๐๐ฆ๐๐๐ซ ๐จ๐ ๐๐๐๐ฑ: https://bamx.uscreen.io/pages/subscribe
Use discount code REALWORD for 10% off your annual subscription!
LIVE Knowledge Brokers Panel: The NAR Settlement: What agents need to know: https://www.youtube.com/watch?v=-Qdxi6JJOuM
๐๐๐ฆ๐ข๐ง๐๐๐ซ๐๐๐๐ข๐: Tired of spending your hard earned money on marketing you know never makes it past the trash can or spam filter? Imagine getting texts and calls thanking you for your marketing. Thatโs what we do for you โ https://remindermedia.com/bamsample/
Subscribe to the BAM YouTube channel: https://tinyurl.com/aatxhaka
Subscribe to BAM Newsletter: https://mailchi.mp/nowbam/the-best-newsletter-in-real-estate
Connect with Byron Lazine: https://www.instagram.com/byronlazine
Connect with Nicole White: https://www.instagram.com/nicolewhite.ct/
This episode's sources:
https://nowpondering.com/wp-content/uploads/2024/03/nar-settlement-agreement-download-2024-03-15-JThompson-NowPondering.pdf
https://notoriousrob.substack.com/p/second-take-nar-settlement-big-brokerages
https://www.realestatenews.com/2024/03/18/plaintiffs-seek-whopping-usd4-7-billion-from-homeservices
Timestamps:
00:00โ01:22 Intro
01:23 Racket #1: NARโs Terms For Commission Lawsuit Settlement
02:33 This does NOT end all commission-related lawsuits.
07:41 The formula for opting in, with examples from Rob Hahn (Notorious ROB)
09:09 Notorious R.O.B. โBig Brokerage Clubโ; Compass looking at $570 Million
13:14 Total Settlement is actually $2.24 Billion
13:31 Racket #2: Plaintiffs Seeking $4.7 Billion From Berkshire Hathaway / HomeServices
15:03 Notorious ROB calls the settlement, โSocialism Realtor-styleโ
16:53 List of some companies involved in NARโs terms
17:38 Will excluded brokerages seek their own settlement (apart from NAR)?
25:26 Wednesdayโs LIVE Knowledge Brokers panel on the NAR settlement
โโโ
BAM PARTNERS
๐๐จ๐ฌ๐๐ข๐ค is everything you need once a lead becomes a client: Collaborative Search. Listing Management. Transaction Management. Forms. Client Retention. Advanced Analytics. Unlock your digital sidekick today. Use code โbam200โ for $200 off the one-time implementation fee โ https://www.mosaik.io/
๐๐ฎ๐ฅ๐๐๐ง๐: The most accurate, powerful, and effective real estate seller lead generation resource to build your business. GET STARTED TODAY โ https://www.vulcan7.com/bam/
๐๐ข๐ซ๐ญ๐ฎ๐๐๐ฌ๐ค: Hire a Virtual Assistant Today! Use code BAM200 for $250 OFF the signup fee โ https://myvirtudesk.com/contact?promocode=BAM200
๐๐ซ๐จ๐ฉ๐๐ญ๐ซ๐๐๐ฆ: The most trusted provider of comprehensive real estate data nationwide. Try it FREE โ https://signup.propstream.com/name
๐๐ข๐ฌ๐ฎ: Increases real estate team & brokerage annual volume by 107% and agent annual volume by 28% โ https://sisu.grsm.io/bam-pod-partners
โโโ
#nationalassociationofrealtors #settlement #sitzerburnett
view more