June 11, 2024

Ketchmark Issues Warning To Industry Amidst NAR’s Comments on Steering | The Real Word 322

26 minutes

Byron Lazine and Nicole White discuss NAR's statement that their proposed settlement eliminates steering, as well as remarks by plaintiffs' attorney Michael Ketchmark, and a related article by Notorious R.O.B.

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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.inman.com/2024/06/06/nar-says-settlement-kills-steering-but-plaintiffs-issue-warning/

https://notoriousrob.substack.com/p/vague-threats-that-make-no-sense

https://notoriousrob.substack.com/p/maybe-i-was-wrong-a-follow-up-to?utm_source=post-emai[…]eemail=true&r=3ed8is&triedRedirect=true&utm_medium=email

https://www.nar.realtor/the-facts/nar-settlement-faqs

Timestamps:

00:00–02:17 Intro

02:17 Topic 1: NAR Says proposed settlement eliminates steering

04:13 #46: What’s NAR’s policy on steering buyers based on the amount of buyer agent comp?

04:59 #47: Does NAR settlement address the theoretical possibility of steering?

08:10 #48: Can a broker tell a potential buyer…?

10:57 Topic 2: Ketchmark’s response about “steering”

12:29 Notorious ROB article: “Maybe I was wrong…” (attorney response to a previous article)

14:42 The NAR settlement does not explicitly allow offers of compensation…

17:36 “Here’s my take… ” (Byron)

19:32 “He’s already threatening additional lawsuits.”

21:39 “This language that Ketchmark is using fits into the current climate…”

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