Byron Lazine and Tom Toole discuss the terms of the Anywhere settlement, NAR’s reversal on zero-percent buyer commissions, a BAM webinar on business planning, how to talk to buyers and sellers about mortgage rates, what to tell renters if buying right now is not in their best interest, and a script to start using right now with homeowners.
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Timestamps:
00:00–01:14 Intro
01:14 Anywhere settlement terms
03:28 Anywhere will no longer require its brokerages/agents to be NAR members
09:57 NAR’s reversal: now allowing zero-percent buyer agent commission on listings
11:15 There’s an opportunity for a new RE association to emerge
15:08 BAM is hosting a Business Planning webinar on October 11th at 3 pm ET
17:31 Agents need to spend less time ranting and more time taking action
25:34 What’s going on with the 10-year? How are you explaining rates to buyers/sellers?
33:57 Script: “If you sold your house, could you buy the next one with cash?”
37:21 Business planning should include skill-building on what to say
40:27 Encourage renters to get an expiration on their lease for this time next year.
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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/
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