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Copycat Lawsuits Shake Up The Real Estate Industry | Knowledge Brokers Podcast 046
Tom Toole and Lisa Chinatti discuss copycat commission lawsuits, a terrible WSJ headline, an interview with Michael Ketchmark and Josh Flagg, a role-playing script on interest rates, and the 2023 Turkeys of the Year.
Become a member of BAMx: https://bamx.uscreen.io/pages/subscribe
Use discount code KNOWLEDGEBROKERS for 10% off your annual subscription.
kvCORE and BoomTown are delivering the innovative solutions, and the support you need to power your business and scale your success: https://boomtownroi.com/knowledgebrokers
Subscribe to Knowledge Brokers Podcast today: https://www.youtube.com/@knowledgebrokerspodcast?sub_confirmation=1
Join the 5AM Call: https://5amcall.com/
Resources:
https://nowbam.com/industry-lawsuit-watch-tracking-real-estates-biggest-legal-battles/
Timestamps:
00:00–00:55 Intro
00:55 Copycat lawsuits, Ketchmark comments, and what agents should be doing right now
02:08 Lawsuit filed against Texas Realtor associations and 20+ brokerages and teams
03:22 The #1 Not-to-do thing (for agents)
09:46 “The Wall Street Journal had a terrible headline…”
13:00 What’s going to happen to the industry afterwards (i.e. what this is all about)
14:54 Timeline for future filings in response to the Sitzer/Burnett verdict
18:00 Michael Ketchmark interview (Josh Flagg) and Tom’s take on Ketchmark’s comments
21:33 Lisa’s take: the agent who should have gone up against Ketchmark, etc.
30:47 A quote from Lisa C in a HousingWire article re: copycat lawsuits
34:01 Stereotypes vs reality — and what knowledge brokers focus on
38:23 Turkeys of the year (plural)
42:53 Role-playing script about interest rates (biggest rate drop in 12 months)
———
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/
———
BAM delivers real estate news, education, and entertainment with nonstop original content from an unmatchable line-up of industry personalities and top producers.
Subscribe to BAM YouTube: https://tinyurl.com/aatxhaka.
Subscribe to BAM Newsletter: https://mailchi.mp/nowbam/the-best-newsletter-in-real-estate
Check out BAM: https://nowbam.com/
———
BAM PARTNERS
𝐕𝐮𝐥𝐜𝐚𝐧𝟕: The most accurate, powerful, and effective real estate seller lead generation resource to build your business. GET STARTED TODAY → https://www.vulcan7.com/bam/
𝐕𝐢𝐫𝐭𝐮𝐝𝐞𝐬𝐤: Hire a Virtual Assistant Today! Use code BAM200 for $250 OFF the signup fee → https://myvirtudesk.com/contact?promocode=BAM200
———
#buyeragency #nationalassociationofrealtors #wallstreetjournal
View all episodes
By BAM Media
4.7
4040 ratings
Tom Toole and Lisa Chinatti discuss copycat commission lawsuits, a terrible WSJ headline, an interview with Michael Ketchmark and Josh Flagg, a role-playing script on interest rates, and the 2023 Turkeys of the Year.
Become a member of BAMx: https://bamx.uscreen.io/pages/subscribe
Use discount code KNOWLEDGEBROKERS for 10% off your annual subscription.
kvCORE and BoomTown are delivering the innovative solutions, and the support you need to power your business and scale your success: https://boomtownroi.com/knowledgebrokers
Subscribe to Knowledge Brokers Podcast today: https://www.youtube.com/@knowledgebrokerspodcast?sub_confirmation=1
Join the 5AM Call: https://5amcall.com/
Resources:
https://nowbam.com/industry-lawsuit-watch-tracking-real-estates-biggest-legal-battles/
Timestamps:
00:00–00:55 Intro
00:55 Copycat lawsuits, Ketchmark comments, and what agents should be doing right now
02:08 Lawsuit filed against Texas Realtor associations and 20+ brokerages and teams
03:22 The #1 Not-to-do thing (for agents)
09:46 “The Wall Street Journal had a terrible headline…”
13:00 What’s going to happen to the industry afterwards (i.e. what this is all about)
14:54 Timeline for future filings in response to the Sitzer/Burnett verdict
18:00 Michael Ketchmark interview (Josh Flagg) and Tom’s take on Ketchmark’s comments
21:33 Lisa’s take: the agent who should have gone up against Ketchmark, etc.
30:47 A quote from Lisa C in a HousingWire article re: copycat lawsuits
34:01 Stereotypes vs reality — and what knowledge brokers focus on
38:23 Turkeys of the year (plural)
42:53 Role-playing script about interest rates (biggest rate drop in 12 months)
———
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/
———
BAM delivers real estate news, education, and entertainment with nonstop original content from an unmatchable line-up of industry personalities and top producers.
Subscribe to BAM YouTube: https://tinyurl.com/aatxhaka.
Subscribe to BAM Newsletter: https://mailchi.mp/nowbam/the-best-newsletter-in-real-estate
Check out BAM: https://nowbam.com/
———
BAM PARTNERS
𝐕𝐮𝐥𝐜𝐚𝐧𝟕: The most accurate, powerful, and effective real estate seller lead generation resource to build your business. GET STARTED TODAY → https://www.vulcan7.com/bam/
𝐕𝐢𝐫𝐭𝐮𝐝𝐞𝐬𝐤: Hire a Virtual Assistant Today! Use code BAM200 for $250 OFF the signup fee → https://myvirtudesk.com/contact?promocode=BAM200
———
#buyeragency #nationalassociationofrealtors #wallstreetjournal
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