The NAR Commission Lawsuit Will DESTROY Realtors in 2024!
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🚨BREAKING NEWS in Real Estate! 🚨 The NAR Commission Lawsuit is shaking things up and it could mean BIG changes for Realtors in 2024. 😱
In this video, I dive deep into the lawsuit that's turning the real estate world upside down. We're talking about a massive $1.8 billion verdict that's changing how commissions are paid – and it's not looking good for residential realtors.
🔍 What’s the lawsuit about?
💥 How is it going to affect buyers and sellers?
👀 And most importantly, what does it mean for YOU as a realtor?
I'm sharing a story about a friend in San Diego struggling to buy a house, despite a good income. 🏠 Plus, did you know the average American needs to save 5x their annual income for a down payment? In California, it's even crazier at 8x! 😲
👉 But here’s the kicker: sellers might stop paying buyer agent commissions. That's right - buyers might have to pay out of pocket. Imagine the impact on the market!
🤯 I'll share my own experience dealing with a listing offering 0% buyer commission. It's a wild story you won’t want to miss.
🚨 If you're an agent relying on showing homes, you need to watch this. The competition for listings is going to get fierce, and your income is at stake.
But don’t worry, I've got a SOLUTION. 💡
🏢 Think commercial real estate. It’s unaffected by this lawsuit, and I’ll tell you why it's a smarter, more lucrative move. I’ll even share my experience with a 20-year loyal investor and a massive 10-unit deal.
✨ Plus, say goodbye to working weekends and hello to bigger commissions. I'm talking average commissions that dwarf residential real estate.
00:00 Introduction
00:48 What is the National Association of Realtors (NAR) Lawsuit?
02:47 I called a listing agent as a potential buyer and something weird happened...
03:32 How this change affects sellers
04:37 Shocking stats on how much you need in order to BUY A HOME
05:19 Why this change affects you as an buyer's/seller AGENT
06:57 MY solution to this entire problem (and why it WORKS)
09:41 lifestyle differences between residential and commercial real estate agents
10:43 I'm looking to train FIVE more agents in 2024 (email me for more information)
🚨BREAKING NEWS in Real Estate! 🚨 The NAR Commission Lawsuit is shaking things up and it could mean BIG changes for Realtors in 2024. 😱
In this video, I dive deep into the lawsuit that's turning the real estate world upside down. We're talking about a massive $1.8 billion verdict that's changing how commissions are paid – and it's not looking good for residential realtors.
🔍 What’s the lawsuit about?
💥 How is it going to affect buyers and sellers?
👀 And most importantly, what does it mean for YOU as a realtor?
I'm sharing a story about a friend in San Diego struggling to buy a house, despite a good income. 🏠 Plus, did you know the average American needs to save 5x their annual income for a down payment? In California, it's even crazier at 8x! 😲
👉 But here’s the kicker: sellers might stop paying buyer agent commissions. That's right - buyers might have to pay out of pocket. Imagine the impact on the market!
🤯 I'll share my own experience dealing with a listing offering 0% buyer commission. It's a wild story you won’t want to miss.
🚨 If you're an agent relying on showing homes, you need to watch this. The competition for listings is going to get fierce, and your income is at stake.
But don’t worry, I've got a SOLUTION. 💡
🏢 Think commercial real estate. It’s unaffected by this lawsuit, and I’ll tell you why it's a smarter, more lucrative move. I’ll even share my experience with a 20-year loyal investor and a massive 10-unit deal.
✨ Plus, say goodbye to working weekends and hello to bigger commissions. I'm talking average commissions that dwarf residential real estate.
00:00 Introduction
00:48 What is the National Association of Realtors (NAR) Lawsuit?
02:47 I called a listing agent as a potential buyer and something weird happened...
03:32 How this change affects sellers
04:37 Shocking stats on how much you need in order to BUY A HOME
05:19 Why this change affects you as an buyer's/seller AGENT
06:57 MY solution to this entire problem (and why it WORKS)
09:41 lifestyle differences between residential and commercial real estate agents
10:43 I'm looking to train FIVE more agents in 2024 (email me for more information)
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