Will YOU Survive the Great Commission Shift? (Part 2)

Real Estate Training & Coaching School

Business, Careers

4.7 • 669 Ratings

🗓️ 23 August 2024

⏱️ 37 minutes

🔗️ Recording | iTunes | RSS

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Summary

Welcome back to America's #1 Daily Podcast, featuring America's #1 Real Estate Coaches and Top EXP Realty Sponsors in the World, Tim and Julie Harris. Ready to become an EXP Realty Agent and join Tim and Julie Harris? Visit: https://whylibertas.com/harris or text Tim directly at 512-758-0206. IMPORTANT: Join #1 Real Estate Coaches Tim and Julie Harris's Premier Coaching now for FREE. Included is a DAILY Coaching Session with a HARRIS Certified Coach. Proven and tested lead generation, systems, and scripts designed for this market. Instant FREE Access Now: YES, Enroll Me NOW In Premier Coaching https://premiercoaching.com 7. Explaining Commission Payments to Sellers: Articles 2 and 12 of NAR’s Code of Ethics Apply equally to brokers working with sellers. Responsibilities: Listing brokers should explain the benefits and costs of various marketing strategies, including buyer costs, but must refrain from suggesting steering based on broker compensation. HUGE Announcement: You will love this! Looking for the full outline from today's presentation? Our DAILY Newsletter featured lead generation systems, real estate scripts, daily success plans and (YES) the notes or today's show. Best part? The newsletter is free! https://harrisrealestatedaily.com/

Transcript

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0:00.0	Welcome to Real Estate Coaching Radio starring award-winning real estate coaches and number one international bestselling authors, Tim and Julie Harris.
0:10.2	This is the number one daily radio show for realtors looking for a no BS authentic real-time coaching experience.
0:18.2	What's really working in today's market, how to generate more leads,
0:21.8	make more money, and have more time for what you love in your life. And now your host, Tim and
0:28.3	Julie Harris. Welcome back. Today is day two. And the topic is, of course, all things by our agency
0:36.3	and commissions. When will you survive the great commission shift?
0:39.7	And this is day two.
0:40.7	If you've not listened to the first four points that we presented yesterday,
0:44.1	please go back and listen to those points.
0:46.5	Or if you're on YouTube, obviously watch those points.
0:48.9	So without any further delay, we're going to jump right back in.
0:51.3	We're on point number five.
0:53.1	Julie, let's talk about NAR's policy
0:55.1	on steering buyers based on compensation because after all, isn't that really the heart of what
1:00.1	this whole commission sharing lawsuit was truly about? It was about the fact that when a listing
1:04.3	agent was presenting to a seller, the belief was, though I don't really believe this, but the belief
1:10.3	was and was that the seller
1:12.4	wasn't given a choice as to whether or not they're going to pay a buyer agent commission.
1:15.8	Right.
1:16.0	The buyer agent commission was going to be 2.5% or 3% no negotiation.
1:20.1	And if any negotiation were to happen and come off the listing side of the commission,
1:23.5	and that was just the way, you know, the belief was that was how the industry had been working.
	...

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