Join Chris McAllister as he brings us up to date on the recent NAR lawsuit settlement including:• The Fallout• What We Know For Sure• Listings Matter Now More Than Ever• The Case For Buyer Agents• The ‘List Side’ Is Ripe For Disruption• Market Making Is The New Value-Add• Real Estate Consulting Will Be The Norm• New ROOST Marketing Initiatives• Connect Practice Track & Grow Is STILL The WayThis episode is not about looking back. It’s about looking forward and being open to the opportunities uniquely available to The NEW Real Estate Professional.

SHOW HIGHLIGHTS

Chris McAllister discusses the impact of the National Association of Realtors settlement on real estate industry, highlighting the decoupling of agent fees.

We examine the emotional responses among realtors to the changes and emphasize the importance of adapting to the new real estate landscape.

I explain the predicted decrease in NAR membership and the commission pool, while suggesting that top performers may see increased earnings.

Strategies of major franchises to maintain headcount in the face of industry changes are touched upon by Chris.

Policy updates effective from July are explored, including seller concessions through the MLS and mandatory exclusive buyer agency agreements.

We delve into the implications for different loan types and the necessity of detailed contract negotiations in light of the new policies.

The conversation covers the vital role of buyer's agents and the emerging opportunities for innovation on the listing side of real estate.

Chris describes the shift towards real estate professionals acting as consultants and the growing need to build a database of potential buyers.

We discuss the evolving roles of real estate professionals and reaffirm the value of professional representation in a changing market.

The episode wraps up with an affirmation of our commitment to adapt and thrive in the new real estate era through connection, practice, tracking, and growth.

LINKS

Join me on the Connect Practice Track and Grow Podcast

Download your FREE copy of Eight Success Mindsets Of The NEW Real Estate Professional and learn how to craft a career worth pursuing and a life worth living.

Visit Career With ROOST and find out of ROOST Real Estate Co. is the new way forward you’ve been looking for. NAR SETTLEMENT FACTSHEET (https://cdn.nar.realtor/sites/default/files/documents/nar-settlement-factsheet-2024-03-22.pdf)Listing Agent Lifestyle (https://listingagentlifestyle.com/)Listing Agent Scorecard (https://listingagentscore.com/)GoGoAgent.com (http://www.gogoagent.com/)

TRANSCRIPT
(AI transcript provided as supporting material and may contain errors)Chris: Hi all, Chris McAllister here with the Connect Practice Track Grow podcast, where it's my job to make your business better and your life easier. I'm here today to bring us all up to date on the National Association of Realtors settlement that was announced on March 15th and, I have to be honest, I'm as shocked as you are, and we did

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