Embracing Change: How the NAR Settlement Affects You | Tom Ferry Show

The Tom Ferry Podcast Experience

Tom Ferry

Education, Business, Self-improvement

4.7 • 1.1K Ratings

🗓️ 27 March 2024

⏱️ 64 minutes

🔗️ Recording | iTunes | RSS

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Summary

Welcome to The Tom Ferry Show! In this episode, we're diving deep into the buy side actions you need to take to navigate the new real estate rules. Join us as we discuss the latest updates and insights from the recent NAR settlement. Learn what actions to implement now and gain clarity on the timing of these changes. Plus, get valuable advice from our expert guests, including Jack Miller, CEO of T360, David Child, CEO of Keeping Current Matters, and Coach Alysia Essig, former president of her Association. Don't miss out on this essential guidance for protecting your business and livelihood in the evolving real estate landscape. Watch now and stay ahead of the curve! If you’re worried about how the NAR lawsuit will affect your business, it’s time to start embracing change. Watch or listen, right here. And then be sure to register for “Embracing Change Pt. 2: The Listing Side of the NAR Settlement” happening April 4! Sign up here: https://tinyurl.com/2ymd8st3

Transcript

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0:00.0	Welcome to the Tom Ferry Show.
0:04.0	I do want to let you all know in advance.
0:07.0	In advance, we are discussing today the byside of the actions you should be taking as you move forward and navigate the new rules as we understand
0:16.5	them. Today the way the show flow is going to go and if you want to go ahead and get my slides up and then go
0:22.4	and make me sort of the main if you will please. So today we're going to talk
0:28.7	about the by side. We're going to talk about what we know, we're going to talk about the actions that each of us can start to take. We're going to talk about the timing of those actions. Do you begin to implement it now or do you wait 102 days? You know, that's going to be an individual choice that you're going to have to decide upon.
0:45.2	We're not going to get into every one of the state's rulings. It is up to you to read the
0:49.8	NAR document. We're going to talk about what we know. We're going to talk about the things that we know we can start doing,
0:55.3	the things that would be the right new behavioral adjustments for you to make. We're going to do all of that,
0:59.9	but it's always going to come back to the same thing. Know your state's rulings.
1:05.1	Know your state's agreements.
1:07.2	So we're going to talk broadly about what we know
1:09.6	you should begin doing.
1:11.1	And to help me do that, I have three extraordinary guests and each one of them is going to talk with you today and share their insights.
1:17.0	I have the incredible Jack Miller who he as the CEO of T 360 he has been leading the charge so much around this initiative and my goodness you know today and tomorrow
1:29.0	he'll spend a lot of time with a lot of brokers and any are just discussing go forward plans and I know many of you out there have you know
1:36.8	maybe some disappointment with an AR maybe you even have said some things that you probably wish
1:42.0	wouldn't be in writing certainly on social.
1:45.1	We're not going to get into that stuff, right?
1:46.7	We're not going to into that stuff.
1:47.7	We're going to talk about you, your business, your livelihood, the thing that you can control, I can't control an AR I can just
1:55.4	control what I do every single day so Jack's gonna help us there that I've asked
	...

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