Adapting to the New NAR Settlement: A Loan Officer's Perspective

Loan Officer Freedom

Carl White

Mortgagemarketinganimals, Business, Loanofficer, Getmoreloans, Freedom, Mortgage, Loanofficercoaching, Carlwhite, Education, How To

5 • 743 Ratings

🗓️ 25 March 2024

⏱️ 35 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Welcome to Loan Officer Freedom, the #1 podcast in the country for loan officers, hosted by Carl White.

In this episode, your host, Carl White sits down with Brian Stevens from MortgageShots.com to discuss the recent NAR settlement.

They delve into the implications of the new NAR settlement on the real estate industry and how it affects loan officers and branch managers.

Brian provides valuable insights and predictions on the changing landscape of real estate commissions and the potential impact on agents and brokerages.

Tune in to gain a deeper understanding of the evolving industry dynamics and how loan officers can navigate these changes effectively.

Schedule a one-on-one free coaching call, click here or visit LoanOfficerStrategyCall.com.

Transcript

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0:00.0	Hey, everybody. This is Carl White broadcasting actually from my kitchen today here at the secret
0:11.9	headquarters of the mortgage marketing animals. And you're listening to Loan Officer Freedom,
0:15.6	number one podcast in the world today for loan officers. And I'm interviewing or just having a candid conversation with
0:23.7	my longtime dear friend, Brian Stevens from Mortgageshots.com. And we're going to discuss,
0:31.2	Brian was on the breakfast club, loan officer breakfast club the other day. And boy,
0:36.1	brought up some great points on this new NAR settlement. And Brian,
0:41.2	I thought we'd hit the record button and do it as a podcast because I know it's going to be on a lot
0:45.2	of people's minds as their as loan officers are talking to the real estate agents. It's likely to
0:50.1	come up in conversation or if they're down at the Real Estate Association, certainly this is
0:56.3	going to be a topic that's coming up. And I thought maybe you could just kind of give us the inside
1:00.6	scoop the best that you know it, exactly what is this? What does it mean? And what does it mean to my
1:06.8	real estate agent friends? And what does it mean to me as a loan officer in my case or as a
1:11.4	branch manager so so good see you good see brian yeah likewise you know in the in the uh
1:18.9	the the pre recording carl and i were having a reflective conversations about the conversation
1:23.5	about moments in our life that kind of changed things, you know, just a very, very clearly defined
1:28.9	chapters, individuals who have made our lives better to get us to where we're out right now.
1:33.4	And I think everybody has that to a certain extent. Take that same logic and apply that to this
1:38.2	business. We're having one of those moments right now. Like this is a seminal moment in the annals of real estate. Things have fundamentally and permanently
1:48.9	changed. Now, there's a lot of speculation that's going on about what's going to take place.
1:53.0	And nobody really knows what the outcome is going to be because there's variables, you know,
1:57.7	at the table in play right now, Carl, that we just, we can speculate, we can analyze, we can, you know, kind of try to figure how it's going to play out.
2:05.6	But then we also don't know how the regulators are going to take how it plays out.
	...

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