July 23, 2024

eXp CEO Allegedly Breaks Silence On Commission Sharing Rule | The Real Word 327

33 minutes

Byron Lazine and Nicole White discuss reported abuse of buyer representation forms in Colorado, a deleted Ricky Carruth post on agent compensation and eXp changes, and the results of the latest BAM-1000watt Agent Sentiment Survey.

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Connect with Byron Lazine:

https://www.instagram.com/byronlazine

Connect with Nicole White:

https://www.instagram.com/nicolewhite.ct/

This episode's sources:

https://www.realestatenews.com/2024/07/22/buyer-agreements-cannot-be-required-colorado-official-says

https://nowbam.com/agents-adapting-not-leaving-majority-of-real-estate-agents-remain-confident-despite-industry-changes/

Timestamps:

00:00–03:10 Intro

03:10 Topic #1: Ricky Carruth’s Instagram posts

06:58 Ricky’s deleted post: “Just talked to the CEO of our brokerage…” (eXp)

09:09 Ricky NEW post: “Listing agents who think…”

10:09 Should agents/brokerages acquiesce to DOJ now…?

11:04 Comments on Carruth’s new post

12:41 “If you read between the lines… It’s almost like there’s a script being followed.”

14:08 “What we’re hearing…is ‘Get on board, this is the only way to do business.’”

15:06 Jared James IG post about Howard Hanna

16:42 Topic #2: Buyer agreements cannot be required (Colorado agent misrepresentation)

20:59 Several consumers signed the buyer agreement misrepresented as an insurance form

25:03 Topic #3: Results of the latest BAM-1000watt Agent Sentiment Survey

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