The recent settlement with the National Association of REALTORS® (NAR) has brought significant changes to how compensation offers are handled in real estate transactions.
While the National Association of REALTORS® lawsuit and settlement focused on the buyer experience when they included the term: “Buyers must have representation”, that doesn’t mean that ALL buyers must conform to this.
“I understand that it’s hard for everyone, but one cannot give in to emotions… we’ll have to draw lessons from the current crisis and now we’ll have to work on overcoming it.” – Boris Yeltsin
In the aftermath of the NAR lawsuit settlement and all the NEW news swirling around us each week right now, we want to provide reassuring guidance for agents, let you know you’re not alone, and share next steps!
There is a lot of confusion and misinformation surrounding the NAR lawsuit settlement, that’s why we put this simplified explanation together.
Are agents doomed to make less money with the NAR Settlement? We don’t think so. In fact, commissions may even go up!
Disruptors in our industry are the forces that challenge the status quo, pushing us out of our comfort zones and into the unknown.
Darryl Davis provides clear guidance to help agents and brokers adapt their practices, debunk misconceptions, and build confident, thriving businesses in a changing industry.
Answering the big question on the minds of so many real estate agents today, “Is it worth it to still be a member of NAR?”
John Quincy Adams once said, “If your actions inspire others to dream more, learn more, do more, and become more, you are a leader.”
Who was the attorney for the Plaintiffs in the NAR Lawsuit and what was his agenda?
Recent legal developments have upended long-standing industry practices and created uncertainty about the future.