Byron Lazine, Tom Toole, and Lisa Chinatti discuss the Nosalek settlement and the DOJ’s proposal, what it will take for buyer agents to adapt, brokerages with minimum commission rates, rising inventory and agent messaging, and key talking points for today’s listing appointment playbook.
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Timestamps:
00:00–01:25 Intro
01:25 Lisa on local (MA) perspective on the Nosalek settlement & the DOJ complaint
06:17 Agents are going to have to do more with less.
09:12 Buyer agents will need to diversify their expertise to stand out
17:50 80%+ of Zillow’s income is based on buy-side commissions
19:00 What about brokerages that require approval for commissions under a certain %.
26:45 “I don’t think brokers should ever be in a position where they have minimums…”
30:43 “Can a broker have that position where ‘We don’t take less than X%?’”
41:11 Rising inventory & agent messaging (pricing at today’s number)
46:04 Key talking points for today’s listing appointment playbook
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Connect with Byron Lazine: https://www.instagram.com/byronlazine
Connect with Tom Toole: https://www.instagram.com/tomtoole3rd/
Connect with Lisa Chinatti: https://www.instagram.com/lisachinatti/
Join the 5AM Call: https://5amcall.com/
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#commissions #DOJ #listingappointments