Commissions have officially been taken off of the MLS and representation agreements have been enforced as of this weekend. Jay talks about how this has affected the brokerage and his team. Jay and Ryan also discuss the news of Kamala Harris calling for 3 million new housing units, tax credits for first-time home buyers, and a subsidy for first-generation home buyers.

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Some agents are upset about the NAR settlement changes that are coming into effect this week, and we're sick of hearing about it. We discuss how predicting what the future of real estate will look like with these changes is not productive, and how some of our stances on the settlement have changed. We also discuss the positives of offering a buy-side commission. 

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Ryan got his catalytic converter stolen while recording the podcast, and Jay clears up exclusive vs. non-exclusive buyer agency agreements.

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Jay and Ryan answer some real estate would-you-rather questions, discuss the difference between aspirational and aggressive pricing when listing a home, U.S. homeowners are the strong hands this cycle, and what exactly is considered a fixture in a home.

 

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Greater Louisville Association of Realtors finally released info on the DOJ decision and when the changes have to be implemented. Jay and Ryan discuss the changes and Jay's plan of action to still offer buyer's agents cooperating commission. 

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Rick Pitino is donating money to UK's sports teams, how to hide your buyer's identity when writing an offer, only 1% of agents make up 15% of home sales, and more would-you-rather questions. 

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On this week's episode of the Jay Pitts Show, Jay and Ryan talk about ways to save downtown Louisville, how real estate shows paint realtors in a bad light, and answer some fun would-you-rather questions.

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Why is it important for agents to focus on listings right now more than ever? Why is housing affordability such a big problem for millennials and gen z? What's the hardest part about owning a business and having young kids? Why are kids these days not as well mannered? All of this and more on this week's episode of the Jay Pitts Show!
*Sorry about the quality of the audio in this episode. We had some technical difficulties that will be fixed for the next episode.*

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Jay and Ryan talk about Jay's trip to Spain, what's happening with DOJ's decision on realtor commissions and the NAR settlement, a GROSS story of what a broker did at a open house, and what type of beer they like best for certain locations.

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This week, Jay and Ryan give tips to new homeowners about maintenance, taxes and more. Jay gives the best relationship advice that helped him during a stressful time in his life. Ryan discusses 7 "razors" or rules of thumb that simplify decision-making.

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