Byron Lazine, Tom Toole, and Lisa Chinatti discuss mortgage rates hitting 8% this week, what “longer for longer” means, how agents can “survive until ‘25,” takeaways from Week One of the Sitzer/Burnett trial, a deeply flawed study, and why Byron is happy to pay both commissions.
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00:43 Mortgage rates hit 8% this week
03:03 10-yr is at its highest since 2007 (4.9%)
04:09 Big takeaways from 8%
07:50 Mortgages at 5% or lower—from 90% to 83%
09:58 “It’s ‘survive until ‘25’ right now.”
14:23 What does “longer for longer” mean?
20:31 Tom’s Instagram poll: 40% have never made a business plan
23:08 Day 3 of the Sitzer/Burnett trial: training scripts and presentation slides
24:21 Byron’s takeaways: “I like what Gino (Blefari) said…”
26:30 Lisa’s takeaways on opening statements and plaintiff testimonies
30:27 Will cooperative compensation survive these lawsuits?
33:15 Flawed study: Redfin traffic reflects consumer activity, not agents steering clients away
38:56 Byron’s experience selling a home—and why he’s happy to pay both commissions
40:22 Realtor.com chief economist Danielle Hale will be here next week!
Connect with Byron Lazine:
https://www.instagram.com/byronlazine
https://www.instagram.com/tomtoole3rd/
Connect with Lisa Chinatti:
https://www.instagram.com/lisachinatti/
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