The Real Word

By The Real Word

Welcome to The Real Word, hosted by real estate professionals and entrepreneurs Byron Lazine and Nicole White. Each week, Byron and Nicole share their word on current industry news, discuss rackets fl... more

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How many episodes does The Real Word have?

The podcast currently has 386 episodes available.

The Real Word episodes:

October 01, 2024 The Controversial MLS Takeover Sparking a Data Ownership Showdown | The Real Word 337
Byron Lazine and Nicole White discuss the recently finalized acquisition of REcolorado MLS and the questions it raises about data ownership, along with Notorious ROB's take on the Participation Agreement—plus newly ID’d opt-ins contributing $30M to the NAR settlement fund.

Join us at BAM Mania! The Must-Attend Real Estate Event Of The Year–with a special offer just for Real Word viewers like you: https://bammania.com/real-word-offer

𝐁𝐞𝐜𝐨𝐦𝐞 𝐚 𝐦𝐞𝐦𝐛𝐞𝐫 𝐨𝐟 𝐁𝐀𝐌𝐱: https://bamx.uscreen.io/pages/subscribe
Use discount code REALWORD for 10% off your annual subscription!

_______

𝐑𝐞𝐦𝐢𝐧𝐝𝐞𝐫𝐌𝐞𝐝𝐢𝐚: Tired of spending your hard earned money on marketing you know never makes it past the trash can or spam filter? Imagine getting texts and calls thanking you for your marketing. That’s what we do for you → https://remindermedia.com/bamsample/

Subscribe to the BAM YouTube channel: https://tinyurl.com/aatxhaka
Subscribe to BAM Newsletter: https://mailchi.mp/nowbam/the-best-newsletter-in-real-estate

Connect with Byron Lazine:
https://www.instagram.com/byronlazine
Connect with Nicole White:
https://www.instagram.com/nicolewhite.ct/

This episode's sources:
https://nowbam.com/recolorados-acquisition-raises-questions-about-data-ownership/
https://www.realestatenews.com/2024/09/30/newly-idd-opt-ins-will-add-usd30-million-to-nar-settlement-fund
https://notoriousrob.substack.com/p/whose-data-is-it-recolorado-decides

Timestamps:
00:00-01:16 Intro
01:16 TOPIC 1: REcolorado’s acquisition raises questions about data ownership
03:23 Without MLS control, what are you? What value are you bringing?
05:19 Notorious ROB article (and mention of PDF for participation agreement)
07:39 Paragraph 3: Data License (“Here’s what they’re saying…”)
11:57 Rob Hahn calls this “theft of intellectual property.”
13:48 “Here’s why this is important…”
16:14 “I think it’s a brilliant move by [Burks]... This is Bobby Axelrod-level stuff!”
17:29 Disclosures needed for sellers
20:11 TOPIC 2: Newly ID’d opt ins adding $30M to NAR settlement fund
20:53 15 non-Realtor MLSs and 13 brokerages—including The Agency—opted in.
23:15 The new total is up more than $980 million
23:45 BAM Mania—in two weeks!

———

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𝐕𝐮𝐥𝐜𝐚𝐧𝟕: The most accurate, powerful, and effective real estate seller lead generation resource to build your business. GET STARTED TODAY → https://www.vulcan7.com/bam/
𝐒𝐮𝐦𝐦𝐢𝐭 𝐕𝐀 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬: Leverage your business with a REAL ESTATE-TRAINED Virtual Assistant → https://www.summitvasolutions.com/byronlazine-referral
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𝐒𝐢𝐬𝐮: Increases real estate team & brokerage annual volume by 107% and agent annual volume by 28% → https://sisu.grsm.io/bam-pod-partners
𝐒𝐢𝐞𝐫𝐫𝐚 𝐈𝐧𝐭𝐞𝐫𝐚𝐜𝐭𝐢𝐯𝐞: Solutions That Maximize ROI. SEO powered IDX websites and a predictive CRM driven by marketing automations that help you capture, convert and close. Faster. Let's Chat → https://get.sierrainteractive.com/bam
𝐅𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧𝐬: Maximize tax savings, reduce administrative burdens, and increase take-home pay with a financial management solution specifically for real estate agents: https://get.formationscorp.com/bam

———

#mls #dataownership #narsettlement
...more
28min
September 24, 2024 NAR’s New Consumer Guides Spark Debate Among Agents | The Real Word 336
Byron Lazine and Nicole White discuss the debate over NAR’s new consumer guides and the judge’s decision to deny the motion for preliminary injunction filed by Move, Inc. in its data theft lawsuit against CoStar Group.

Join us at BAM Mania! The Must-Attend Real Estate Event Of The Year: https://brokeagentmedia.lpages.co/bam-mania-2024/

𝐁𝐞𝐜𝐨𝐦𝐞 𝐚 𝐦𝐞𝐦𝐛𝐞𝐫 𝐨𝐟 𝐁𝐀𝐌𝐱: https://bamx.uscreen.io/pages/subscribe
Use discount code REALWORD for 10% off your annual subscription!

_______

𝐑𝐞𝐦𝐢𝐧𝐝𝐞𝐫𝐌𝐞𝐝𝐢𝐚: Tired of spending your hard earned money on marketing you know never makes it past the trash can or spam filter? Imagine getting texts and calls thanking you for your marketing. That’s what we do for you → https://remindermedia.com/bamsample/

Subscribe to the BAM YouTube channel: https://tinyurl.com/aatxhaka
Subscribe to BAM Newsletter: https://mailchi.mp/nowbam/the-best-newsletter-in-real-estate

Connect with Byron Lazine:
https://www.instagram.com/byronlazine

Connect with Nicole White:
https://www.instagram.com/nicolewhite.ct/

This episode's sources:
https://nowbam.com/nars-new-consumer-guides-spark-debate-among-agents/
https://nowbam.com/motion-denied-moves-data-theft-lawsuit-against-costar-hits-a-roadblock/
https://www.inman.com/2024/09/23/move-class-action-lawsuit-shines-harsh-light-on-networks-paid-leads/

———

BAM PARTNERS
𝐌𝐨𝐬𝐚𝐢𝐤 is the premier client experience platform, picking up where CRMs leave off, spanning search, transaction management, and client retention. It’s everything you need to showcase your value, build client loyalty and drive referrals. Limited subscriptions available →
https://www.mosaik.io/
𝐕𝐮𝐥𝐜𝐚𝐧𝟕: The most accurate, powerful, and effective real estate seller lead generation resource to build your business. GET STARTED TODAY → https://www.vulcan7.com/bam/
𝐒𝐮𝐦𝐦𝐢𝐭 𝐕𝐀 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬: Leverage your business with a REAL ESTATE-TRAINED Virtual Assistant → https://www.summitvasolutions.com/byronlazine-referral
𝐏𝐫𝐨𝐩𝐒𝐭𝐫𝐞𝐚𝐦: The most trusted provider of comprehensive real estate data nationwide. Try it FREE → https://trial.propstreampro.com/bam/
𝐒𝐢𝐬𝐮: Increases real estate team & brokerage annual volume by 107% and agent annual volume by 28% → https://sisu.grsm.io/bam-pod-partners
𝐒𝐢𝐞𝐫𝐫𝐚 𝐈𝐧𝐭𝐞𝐫𝐚𝐜𝐭𝐢𝐯𝐞: Solutions That Maximize ROI. SEO powered IDX websites and a predictive CRM driven by marketing automations that help you capture, convert and close. Faster. Let's Chat → https://get.sierrainteractive.com/bam
𝐅𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧𝐬: Maximize tax savings, reduce administrative burdens, and increase take-home pay with a financial management solution specifically for real estate agents: https://get.formationscorp.com/bam

———

#nationalassociationofrealtors #realtordotcom #lawsuit
...more
43min
September 17, 2024 Sitzer/Burnett Attorneys Request $220 Million From NAR | The Real Word 335
Byron Lazine and Nicole White discuss the Sitzer/Burnett attorneys’ request for $226M in compensation for hours worked and out-of-pocket expenses, a Ryan Serhant interview, and an update on NAR’s Clear Cooperation policy.

Join us at BAM Mania! The Must-Attend Real Estate Event Of The Year: https://brokeagentmedia.lpages.co/bam-mania-2024/

𝐁𝐞𝐜𝐨𝐦𝐞 𝐚 𝐦𝐞𝐦𝐛𝐞𝐫 𝐨𝐟 𝐁𝐀𝐌𝐱: https://bamx.uscreen.io/pages/subscribe
Use discount code REALWORD for 10% off your annual subscription!

_______

𝐑𝐞𝐦𝐢𝐧𝐝𝐞𝐫𝐌𝐞𝐝𝐢𝐚: Tired of spending your hard earned money on marketing you know never makes it past the trash can or spam filter? Imagine getting texts and calls thanking you for your marketing. That’s what we do for you → https://remindermedia.com/bamsample/

Subscribe to the BAM YouTube channel: https://tinyurl.com/aatxhaka
Subscribe to BAM Newsletter: https://mailchi.mp/nowbam/the-best-newsletter-in-real-estate

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.housingwire.com/articles/plaintiffs-attorneys-seek-220m-from-nar-homeservices-settlements/
https://www.nar.realtor/magazine/real-estate-news/mls-advisory-board-continues-evaluating-clear-cooperation-policy
https://www.housingwire.com/articles/ryan-serhant-interview-owning-manhattan/

Timestamps:
00:00–01:06 Intro
01:06 TOPIC #1: Plaintiffs attorneys seek $220 million
03:38 Hourly rates for attorneys, paralegals, and associates
06:34 “The percentage of the fund approach aligns Class Counsel’s interest…”
09:04 “Seems like attorneys & real estate agents/brokers have a similar deal…”
09:32 “If they were to lose this case… why would they do that?”
12:13 “It’s unfortunate how Ketchmark has addressed agents…” (double standard)
13:55 Byron calculating Nicole’s recent $4.5M deal close & how much money she made an hour
16:30 Negotiations are never done
19:50 One thing the courts aren’t ever going to say…
20:47 TOPIC #2: Serhant interview: “Life after Netflix & brokerages in a post-settlement world”
21:05 “Is there anything you're advising your agents to do…?” & Serhant’s answer
22:38 Why should people work with you versus jumping on Zillow?
23:18 Byron golf story
26:25 Clear Cooperation update
28:44 BAM Mania

———

BAM PARTNERS
𝐌𝐨𝐬𝐚𝐢𝐤 is the premier client experience platform, picking up where CRMs leave off, spanning search, transaction management, and client retention. It’s everything you need to showcase your value, build client loyalty and drive referrals. Limited subscriptions available →
https://www.mosaik.io/
𝐕𝐮𝐥𝐜𝐚𝐧𝟕: The most accurate, powerful, and effective real estate seller lead generation resource to build your business. GET STARTED TODAY → https://www.vulcan7.com/bam/
𝐒𝐮𝐦𝐦𝐢𝐭 𝐕𝐀 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬: Leverage your business with a REAL ESTATE-TRAINED Virtual Assistant → https://www.summitvasolutions.com/byronlazine-referral
𝐏𝐫𝐨𝐩𝐒𝐭𝐫𝐞𝐚𝐦: The most trusted provider of comprehensive real estate data nationwide. Try it FREE → https://trial.propstreampro.com/bam/
𝐒𝐢𝐬𝐮: Increases real estate team & brokerage annual volume by 107% and agent annual volume by 28% → https://sisu.grsm.io/bam-pod-partners
𝐒𝐢𝐞𝐫𝐫𝐚 𝐈𝐧𝐭𝐞𝐫𝐚𝐜𝐭𝐢𝐯𝐞: Solutions That Maximize ROI. SEO powered IDX websites and a predictive CRM driven by marketing automations that help you capture, convert and close. Faster. Let's Chat → https://get.sierrainteractive.com/bam
𝐅𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧𝐬: Maximize tax savings, reduce administrative burdens, and increase take-home pay with a financial management solution specifically for real estate agents: https://get.formationscorp.com/bam

———

#sitzerburnett #nationalassociationofrealtors #ryanserhant
...more
33min
September 10, 2024 How NAR’s Clear Cooperation Discussion Will Impact Realtors | The Real Word 334
Byron Lazine and Nicole White discuss NAR’s Clear Cooperation policy, the impact of the policy on agents and consumers, comments from eXp CEO Leo Pareja, and a Redfin report on commissions.

Join us at BAM Mania! The Must-Attend Real Estate Event Of The Year: https://brokeagentmedia.lpages.co/bam-mania-2024/

𝐁𝐞𝐜𝐨𝐦𝐞 𝐚 𝐦𝐞𝐦𝐛𝐞𝐫 𝐨𝐟 𝐁𝐀𝐌𝐱: https://bamx.uscreen.io/pages/subscribe
Use discount code REALWORD for 10% off your annual subscription!

_______

𝐑𝐞𝐦𝐢𝐧𝐝𝐞𝐫𝐌𝐞𝐝𝐢𝐚: Tired of spending your hard earned money on marketing you know never makes it past the trash can or spam filter? Imagine getting texts and calls thanking you for your marketing. That’s what we do for you → https://remindermedia.com/bamsample/

Subscribe to the BAM YouTube channel: https://tinyurl.com/aatxhaka
Subscribe to BAM Newsletter: https://mailchi.mp/nowbam/the-best-newsletter-in-real-estate

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/2024/09/10/clear-cooperation-takes-center-stage-faces-pressure-to-change/
https://www.redfin.com/news/redfin-agents-report-nar-rules-negotiation/

Timestamps:
00:00–01:15 Intro
01:15 TOPIC 1: Clear Cooperation takes center stage
02:55 The DOJ is against Clear Cooperation
03:38 Clear Cooperation policy = pocket listing ban
05:18 Byron asks Nicole, “Should this be changed?...”
07:11 “Here’s where there’s some contradiction happening in the industry…”
08:28 “These are contradicting statements… Am I misrepresenting what he’s saying?”
10:10 Brian Boero on Clear Cooperation
14:55 What’s best for consumers?
16:25 Clear Cooperation gives the MLS more power…
21:28 TOPIC 2: New NAR rules are putting pressure on commissions
23:42 “Most sellers have been willing to cover the buyer agent fees…"

———

BAM PARTNERS
𝐌𝐨𝐬𝐚𝐢𝐤 is the premier client experience platform, picking up where CRMs leave off, spanning search, transaction management, and client retention. It’s everything you need to showcase your value, build client loyalty and drive referrals. Limited subscriptions available →
https://www.mosaik.io/
𝐕𝐮𝐥𝐜𝐚𝐧𝟕: The most accurate, powerful, and effective real estate seller lead generation resource to build your business. GET STARTED TODAY → https://www.vulcan7.com/bam/
𝐒𝐮𝐦𝐦𝐢𝐭 𝐕𝐀 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬: Leverage your business with a REAL ESTATE-TRAINED Virtual Assistant → https://www.summitvasolutions.com/byronlazine-referral
𝐏𝐫𝐨𝐩𝐒𝐭𝐫𝐞𝐚𝐦: The most trusted provider of comprehensive real estate data nationwide. Try it FREE → https://trial.propstreampro.com/bam/
𝐒𝐢𝐬𝐮: Increases real estate team & brokerage annual volume by 107% and agent annual volume by 28% → https://sisu.grsm.io/bam-pod-partners
𝐒𝐢𝐞𝐫𝐫𝐚 𝐈𝐧𝐭𝐞𝐫𝐚𝐜𝐭𝐢𝐯𝐞: Solutions That Maximize ROI. SEO powered IDX websites and a predictive CRM driven by marketing automations that help you capture, convert and close. Faster. Let's Chat → https://get.sierrainteractive.com/bam
𝐅𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧𝐬: Maximize tax savings, reduce administrative burdens, and increase take-home pay with a financial management solution specifically for real estate agents: https://get.formationscorp.com/bam

———

#nationalassociationofrealtors #pocketlisting #redfin
...more
29min
September 03, 2024 Why Redfin Believes Sitzer's Startup Will Fail | The Real Word 333
Byron Lazine and Nicole White discuss Landian—a new startup co-founded by Josh Sitzer, the same Sitzer in Sitzer/Burnett, to give consumers the option of paying a flat fee for the services of a licensed real estate agent—and how Redfin is reacting to the news.

Byron Lazine's New Agent Training Program: https://bamx.ai/byron-lazines-new-agent-training-program

Join us at BAM Mania! The Must-Attend Real Estate Event Of The Year: https://brokeagentmedia.lpages.co/bam-mania-2024/

𝐁𝐞𝐜𝐨𝐦𝐞 𝐚 𝐦𝐞𝐦𝐛𝐞𝐫 𝐨𝐟 𝐁𝐀𝐌𝐱: https://bamx.uscreen.io/pages/subscribe
Use discount code REALWORD for 10% off your annual subscription!

_______

𝐑𝐞𝐦𝐢𝐧𝐝𝐞𝐫𝐌𝐞𝐝𝐢𝐚: Tired of spending your hard earned money on marketing you know never makes it past the trash can or spam filter? Imagine getting texts and calls thanking you for your marketing. That’s what we do for you → https://remindermedia.com/bamsample/

Subscribe to the BAM YouTube channel: https://tinyurl.com/aatxhaka
Subscribe to BAM Newsletter: https://mailchi.mp/nowbam/the-best-newsletter-in-real-estate

Connect with Byron Lazine:
https://www.instagram.com/byronlazine

Connect with Nicole White:
https://www.instagram.com/nicolewhite.ct/

This episode's sources:
https://nowbam.com/sitzers-new-startup-charges-49-per-home-tour/
https://techcrunch.com/2024/08/30/redfin-is-already-trying-to-defend-against-a-new-flat-fee-real-estate-startup/
https://landian.co/

Timestamps:
00:00-01:18 Intro
01:18 TOPIC 1: Sitzer co-founds a startup to provide flat-fee real estate services
13:58: Reading off Landian’s services: $49 per home tour, $199 for an offer prep sesh
17:28 “Here’s the big thing…this is where Landian is going to find…”
18:33 “What broker is going to say, ‘Yeah, I want 20% of $49…’?
23:01 Redfin’s thoughts on the flat-fee model (response through TechCrunch)
25:16 “If the buyer/customer wants the same expertise… morning, noon, and night…”
27:56 Will Landian land with some consumers? Redfin is saying, “We tried it; it didn’t work.”
28:38 For Landian to succeed you have to get control of the agent.

———

BAM PARTNERS
𝐌𝐨𝐬𝐚𝐢𝐤 is everything you need once a lead becomes a client: Collaborative Search. Listing Management. Transaction Management. Forms. Client Retention. Advanced Analytics. Unlock your digital sidekick today. Use code “bam200” for $200 off the one-time implementation fee → https://www.mosaik.io/
𝐕𝐮𝐥𝐜𝐚𝐧𝟕: The most accurate, powerful, and effective real estate seller lead generation resource to build your business. GET STARTED TODAY → https://www.vulcan7.com/bam/
𝐒𝐮𝐦𝐦𝐢𝐭 𝐕𝐀 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬: Leverage your business with a REAL ESTATE-TRAINED Virtual Assistant → https://www.summitvasolutions.com/byronlazine-referral

𝐏𝐫𝐨𝐩𝐒𝐭𝐫𝐞𝐚𝐦: The most trusted provider of comprehensive real estate data nationwide. Try it FREE → https://trial.propstreampro.com/bam/
𝐒𝐢𝐬𝐮: Increases real estate team & brokerage annual volume by 107% and agent annual volume by 28% → https://sisu.grsm.io/bam-pod-partners
𝐒𝐢𝐞𝐫𝐫𝐚 𝐈𝐧𝐭𝐞𝐫𝐚𝐜𝐭𝐢𝐯𝐞: Solutions That Maximize ROI. SEO powered IDX websites and a predictive CRM driven by marketing automations that help you capture, convert and close. Faster. Let's Chat → https://get.sierrainteractive.com/bam
𝐅𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧𝐬: Maximize tax savings, reduce administrative burdens, and increase take-home pay with a financial management solution specifically for real estate agents: https://get.formationscorp.com/bam

———

#SitzerBurnett #realestateservices #Redfin
...more
38min
August 27, 2024 Agents File Lawsuit Against Move for Selling "Fake Leads" | The Real Word 332
Byron Lazine and Nicole White discuss the Home vs NAR antitrust lawsuit, the DOJ lawsuit against RealPage for alleged rent price fixing, and a lawsuit filed by eight Realtors against Move (Realtor.com parent company) for allegedly selling fake leads.

Byron Lazine's New Agent Training Program: https://bamx.ai/byron-lazines-new-agent-training-program

Join us at BAM Mania! The Must-Attend Real Estate Event Of The Year: https://brokeagentmedia.lpages.co/bam-mania-2024/

𝐁𝐞𝐜𝐨𝐦𝐞 𝐚 𝐦𝐞𝐦𝐛𝐞𝐫 𝐨𝐟 𝐁𝐀𝐌𝐱: https://bamx.uscreen.io/pages/subscribe
Use discount code REALWORD for 10% off your annual subscription!

_______

𝐑𝐞𝐦𝐢𝐧𝐝𝐞𝐫𝐌𝐞𝐝𝐢𝐚: Tired of spending your hard earned money on marketing you know never makes it past the trash can or spam filter? Imagine getting texts and calls thanking you for your marketing. That’s what we do for you → https://remindermedia.com/bamsample/

Subscribe to the BAM YouTube channel: https://tinyurl.com/aatxhaka
Subscribe to BAM Newsletter: https://mailchi.mp/nowbam/the-best-newsletter-in-real-estate

Connect with Byron Lazine:
https://www.instagram.com/byronlazine

Connect with Nicole White:
https://www.instagram.com/nicolewhite.ct/

This episode's sources:
https://nowbam.com/boycotting-listings-a-look-at-homies-lawsuit-against-nar-and-big-brokerages/
https://nowbam.com/doj-sues-realpage-for-alleged-rent-price-fixing/
https://nowbam.com/agents-file-lawsuit-against-move-for-selling-fake-leads/

Timestamps:
00:00–03:07 Intro
03:07 TOPIC 1: Homie vs NAR lawsuit (nowbam article)
21:14 TOPIC 2: DOJ sues RealPage for alleged rent price fixing (nowbam)
25:40 TOPIC 3: Agents file lawsuit against Move for selling “fake leads” (nowbam)

———

BAM PARTNERS
𝐌𝐨𝐬𝐚𝐢𝐤 is everything you need once a lead becomes a client: Collaborative Search. Listing Management. Transaction Management. Forms. Client Retention. Advanced Analytics. Unlock your digital sidekick today. Use code “bam200” for $200 off the one-time implementation fee → https://www.mosaik.io/
𝐕𝐮𝐥𝐜𝐚𝐧𝟕: The most accurate, powerful, and effective real estate seller lead generation resource to build your business. GET STARTED TODAY → https://www.vulcan7.com/bam/
𝐒𝐮𝐦𝐦𝐢𝐭 𝐕𝐀 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬: Leverage your business with a REAL ESTATE-TRAINED Virtual Assistant → https://www.summitvasolutions.com/byronlazine-referral
𝐏𝐫𝐨𝐩𝐒𝐭𝐫𝐞𝐚𝐦: The most trusted provider of comprehensive real estate data nationwide. Try it FREE → https://trial.propstreampro.com/bam/
𝐒𝐢𝐬𝐮: Increases real estate team & brokerage annual volume by 107% and agent annual volume by 28% → https://sisu.grsm.io/bam-pod-partners
𝐒𝐢𝐞𝐫𝐫𝐚 𝐈𝐧𝐭𝐞𝐫𝐚𝐜𝐭𝐢𝐯𝐞: Solutions That Maximize ROI. SEO powered IDX websites and a predictive CRM driven by marketing automations that help you capture, convert and close. Faster. Let's Chat → https://get.sierrainteractive.com/bam
𝐅𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧𝐬: Maximize tax savings, reduce administrative burdens, and increase take-home pay with a financial management solution specifically for real estate agents: https://get.formationscorp.com/bam

———

#nationalassociationofrealtors #lawsuits #rents
...more
51min
August 20, 2024 Ketchmark Issues Warning To Agents Amidst NAR Settlement Changes | The Real Word 331
Byron Lazine and Nicole White discuss Michael Ketchmark’s warning to the real estate industry, the cost of getting creative on the MLS, Nykia Wright’s appointment as permanent CEO of the National Association of REALTORS® (NAR), the Cassina Group's antitrust lawsuit against NAR (filed and withdrawn the same day), and the July 2024 Agent Movement Index report (Relitix).

Byron Lazine's New Agent Training Program: https://bamx.ai/byron-lazines-new-agent-training-program

Join us at BAM Mania! The Must-Attend Real Estate Event Of The Year: https://brokeagentmedia.lpages.co/bam-mania-2024/

𝐁𝐞𝐜𝐨𝐦𝐞 𝐚 𝐦𝐞𝐦𝐛𝐞𝐫 𝐨𝐟 𝐁𝐀𝐌𝐱: https://bamx.uscreen.io/pages/subscribe
Use discount code REALWORD for 10% off your annual subscription!

_______

𝐑𝐞𝐦𝐢𝐧𝐝𝐞𝐫𝐌𝐞𝐝𝐢𝐚: Tired of spending your hard earned money on marketing you know never makes it past the trash can or spam filter? Imagine getting texts and calls thanking you for your marketing. That’s what we do for you → https://remindermedia.com/bamsample/

Subscribe to the BAM YouTube channel: https://tinyurl.com/aatxhaka
Subscribe to BAM Newsletter: https://mailchi.mp/nowbam/the-best-newsletter-in-real-estate

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/2024/08/19/michael-ketchmark-every-move-you-make-well-be-watching-you/
https://nowbam.com/cfa-urges-buyers-and-sellers-to-negotiate-commissions-as-dollar-amounts/
https://nowbam.com/the-cost-of-getting-creative-on-the-mls-and-what-to-focus-on-after-august-17th/
https://nowbam.com/nykia-wright-named-permanent-ceo-of-nar-amid-industry-shifts/
https://nowbam.com/cassina-group-files-antitrust-lawsuit-against-nar-and-state-realtor-associations/
https://relitix.com/agent-movement-index-july-2024/

———

BAM PARTNERS
𝐌𝐨𝐬𝐚𝐢𝐤 is everything you need once a lead becomes a client: Collaborative Search. Listing Management. Transaction Management. Forms. Client Retention. Advanced Analytics. Unlock your digital sidekick today. Use code “bam200” for $200 off the one-time implementation fee → https://www.mosaik.io/
𝐕𝐮𝐥𝐜𝐚𝐧𝟕: The most accurate, powerful, and effective real estate seller lead generation resource to build your business. GET STARTED TODAY → https://www.vulcan7.com/bam/
𝐒𝐮𝐦𝐦𝐢𝐭 𝐕𝐀 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬: Leverage your business with a REAL ESTATE-TRAINED Virtual Assistant → https://www.summitvasolutions.com/byronlazine-referral
𝐏𝐫𝐨𝐩𝐒𝐭𝐫𝐞𝐚𝐦: The most trusted provider of comprehensive real estate data nationwide. Try it FREE → https://trial.propstreampro.com/bam/
𝐒𝐢𝐬𝐮: Increases real estate team & brokerage annual volume by 107% and agent annual volume by 28% → https://sisu.grsm.io/bam-pod-partners
𝐒𝐢𝐞𝐫𝐫𝐚 𝐈𝐧𝐭𝐞𝐫𝐚𝐜𝐭𝐢𝐯𝐞: Solutions That Maximize ROI. SEO powered IDX websites and a predictive CRM driven by marketing automations that help you capture, convert and close. Faster. Let's Chat → https://get.sierrainteractive.com/bam
𝐅𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧𝐬: Maximize tax savings, reduce administrative burdens, and increase take-home pay with a financial management solution specifically for real estate agents: https://get.formationscorp.com/bam

———

#nationalassociationofrealtors #narsettlement #commissions
...more
55min
August 13, 2024 NAR Facing Another Massive Law Suit | The Real Word 330
Byron Lazine and Nicole White discuss the new Michigan antitrust lawsuit against NAR and state/local Realtor associations. They also address the increase in NAR's membership since the settlement. And they answer the question, "If you could get out of NAR today, would you?"
Join us at BAM Mania! The Must-Attend Real Estate Event Of The Year: https://brokeagentmedia.lpages.co/bam-mania-2024/
𝐁𝐞𝐜𝐨𝐦𝐞 𝐚 𝐦𝐞𝐦𝐛𝐞𝐫 𝐨𝐟 𝐁𝐀𝐌𝐱: https://bamx.uscreen.io/pages/subscribe
Use discount code REALWORD for 10% off your annual subscription!
_______
𝐑𝐞𝐦𝐢𝐧𝐝𝐞𝐫𝐌𝐞𝐝𝐢𝐚: Tired of spending your hard earned money on marketing you know never makes it past the trash can or spam filter? Imagine getting texts and calls thanking you for your marketing. That’s what we do for you → https://remindermedia.com/bamsample/
Subscribe to the BAM YouTube channel: https://tinyurl.com/aatxhaka
Subscribe to BAM Newsletter: https://mailchi.mp/nowbam/the-best-newsletter-in-real-estate
Connect with Byron Lazine: https://www.instagram.com/byronlazine
Connect with Nicole White: https://www.instagram.com/nicolewhite.ct/
This episode's sources:
https://nowbam.com/michigan-real-estate-professionals-file-antitrust-lawsuit-against-nar/
https://www.realestatenews.com/2024/08/12/more-agents-joining-nar-ahead-of-settlement-deadline
https://nowbam.com/is-nar-hiding-membership-data/
Timestamps:
00:00–02:55 Intro
02:55 Topic: Michigan antitrust lawsuit against NAR and state/local Realtor associations
05:04 “This is a tie-in agreement…”
08:02 “This DOJ does not play with monopolies…”
10:54 “When someone is challenging you to be better, it’s not an attack; it’s an act of love.”
13:34 Plaintiffs argue the change greatly diminished the value created by being a member.
14:09 One of the things NAR has done well is advocate for buyers…
16:50 “Do you expect this to be the first of many?”
18:57 “The only value they have is the MLS…”
20:13 “NAR really drove a lot of brokers away from them when they…”
21:55 Topic #2: More agents are flocking to NAR since the settlement
24:35 Byron’s response to a Lawrence Yun quote: “This is where I have a problem with NAR…”
27:11 “If you could get out of NAR now, would you?”
———
BAM PARTNERS
𝐌𝐨𝐬𝐚𝐢𝐤 is everything you need once a lead becomes a client: Collaborative Search. Listing Management. Transaction Management. Forms. Client Retention. Advanced Analytics. Unlock your digital sidekick today. Use code “bam200” for $200 off the one-time implementation fee → https://www.mosaik.io/
𝐕𝐮𝐥𝐜𝐚𝐧𝟕: The most accurate, powerful, and effective real estate seller lead generation resource to build your business. GET STARTED TODAY → https://www.vulcan7.com/bam/
𝐒𝐮𝐦𝐦𝐢𝐭 𝐕𝐀 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬: Leverage your business with a REAL ESTATE-TRAINED Virtual Assistant → https://www.summitvasolutions.com/byronlazine-referral
𝐏𝐫𝐨𝐩𝐒𝐭𝐫𝐞𝐚𝐦: The most trusted provider of comprehensive real estate data nationwide. Try it FREE → https://trial.propstreampro.com/bam/
𝐒𝐢𝐬𝐮: Increases real estate team & brokerage annual volume by 107% and agent annual volume by 28% → https://sisu.grsm.io/bam-pod-partners
𝐒𝐢𝐞𝐫𝐫𝐚 𝐈𝐧𝐭𝐞𝐫𝐚𝐜𝐭𝐢𝐯𝐞: Solutions That Maximize ROI. SEO powered IDX websites and a predictive CRM driven by marketing automations that help you capture, convert and close. Faster. Let's Chat → https://get.sierrainteractive.com/bam
𝐅𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧𝐬: Maximize tax savings, reduce administrative burdens, and increase take-home pay with a financial management solution specifically for real estate agents: https://get.formationscorp.com/bam
———

#narlawsuit #narsettlement #nationalassociationofrealtors
...more
34min
August 06, 2024 What Agents Need To Know About eXp's Seller Toolkit | The Real Word 329
Byron Lazine takes you through the eXp seller toolkit and reviews NAR’s new consumer-focused resources. He also revisits last week’s KBP conversation on Zillow’s state-specific touring agreements.

Join us at BAM Mania! The Must-Attend Real Estate Event Of The Year: https://brokeagentmedia.lpages.co/bam-mania-2024/

𝐁𝐞𝐜𝐨𝐦𝐞 𝐚 𝐦𝐞𝐦𝐛𝐞𝐫 𝐨𝐟 𝐁𝐀𝐌𝐱: https://bamx.uscreen.io/pages/subscribe
Use discount code REALWORD for 10% off your annual subscription!

_______

𝐑𝐞𝐦𝐢𝐧𝐝𝐞𝐫𝐌𝐞𝐝𝐢𝐚: Tired of spending your hard earned money on marketing you know never makes it past the trash can or spam filter? Imagine getting texts and calls thanking you for your marketing. That’s what we do for you → https://remindermedia.com/bamsample/

Subscribe to the BAM YouTube channel: https://tinyurl.com/aatxhaka
Subscribe to BAM Newsletter: https://mailchi.mp/nowbam/the-best-newsletter-in-real-estate

Connect with Byron Lazine:
https://www.instagram.com/byronlazine

Connect with Nicole White:
https://www.instagram.com/nicolewhite.ct/

This episode's sources:
https://nowbam.com/nar-releases-consumer-focused-resources-to-help-navigate-industry-changes/
https://nowbam.com/exps-seller-toolkit-is-now-live-featuring-forms-scripts-agent-resources/
https://youtu.be/ivVfsd9Fu38
https://youtu.be/uVGrZcXnb38

Timestamps:
00:00–02:41 Intro
02:41 Topic #1: exp seller tool kit
05:27 “This is what Leo said very clearly—that exp will not be paying any other buyer broker.”
06:18 “This is a one page form…”
07:56 “She wrote the book about recruiting RE/MAX agents…”
08:53 “It’s all about the NET” (net sheet)
09:47 “For every offer received, ensure the seller gets a net sheet.” (eXp toolkit)
10:09 “For multiple offers, use a spreadsheet to show the differences.”
13:02 Sharran Srivatsaa’s take and where Byron disagrees
15:50 Topic 2: NAR resources (nowbam article)
17:37 “If you’re still waiting on NAR to lead…”
18:35 “I do believe that…your job is going to be harder in the short term…”
19:59 Join us for BAM Mania (October 17-18 in Las Vegas)

———

BAM PARTNERS
𝐌𝐨𝐬𝐚𝐢𝐤 is everything you need once a lead becomes a client: Collaborative Search. Listing Management. Transaction Management. Forms. Client Retention. Advanced Analytics. Unlock your digital sidekick today. Use code “bam200” for $200 off the one-time implementation fee → https://www.mosaik.io/
𝐕𝐮𝐥𝐜𝐚𝐧𝟕: The most accurate, powerful, and effective real estate seller lead generation resource to build your business. GET STARTED TODAY → https://www.vulcan7.com/bam/
𝐕𝐢𝐫𝐭𝐮𝐝𝐞𝐬𝐤: Hire a Virtual Assistant Today! Use code BAM200 for $250 OFF the signup fee → https://myvirtudesk.com/contact?promocode=BAM200
𝐏𝐫𝐨𝐩𝐒𝐭𝐫𝐞𝐚𝐦: The most trusted provider of comprehensive real estate data nationwide. Try it FREE → https://trial.propstreampro.com/bam/
𝐒𝐢𝐬𝐮: Increases real estate team & brokerage annual volume by 107% and agent annual volume by 28% → https://sisu.grsm.io/bam-pod-partners
𝐒𝐢𝐞𝐫𝐫𝐚 𝐈𝐧𝐭𝐞𝐫𝐚𝐜𝐭𝐢𝐯𝐞: Solutions That Maximize ROI. SEO powered IDX websites and a predictive CRM driven by marketing automations that help you capture, convert and close. Faster. Let's Chat → https://get.sierrainteractive.com/bam
𝐅𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧𝐬: Maximize tax savings, reduce administrative burdens, and increase take-home pay with a financial management solution specifically for real estate agents: https://get.formationscorp.com/bam

———

#exprealty #narsettlement #nationalassociationofrealtors
...more
24min
July 30, 2024 The Truth Behind Ricky Carruth's Controversial Post & Las Vegas's New Forms | The Real Word 328
Special guest Ricky Carruth joins Byron Lazine and Nicole White to discuss last week’s Real Word episode, the BAM breaking interview with eXp CEO Leo Pareja, CRMLS removing seller concession fields, extreme actions by the DOJ, and what agents should be doing 19 days away from August 17.

Join us at BAM Mania! The Must-Attend Real Estate Event Of The Year: https://brokeagentmedia.lpages.co/bam-mania-2024/

𝐁𝐞𝐜𝐨𝐦𝐞 𝐚 𝐦𝐞𝐦𝐛𝐞𝐫 𝐨𝐟 𝐁𝐀𝐌𝐱: https://bamx.uscreen.io/pages/subscribe
Use discount code REALWORD for 10% off your annual subscription!

_______

𝐑𝐞𝐦𝐢𝐧𝐝𝐞𝐫𝐌𝐞𝐝𝐢𝐚: Tired of spending your hard earned money on marketing you know never makes it past the trash can or spam filter? Imagine getting texts and calls thanking you for your marketing. That’s what we do for you → https://remindermedia.com/bamsample/

Subscribe to the BAM YouTube channel: https://tinyurl.com/aatxhaka
Subscribe to BAM Newsletter: https://mailchi.mp/nowbam/the-best-newsletter-in-real-estate

Connect with Byron Lazine:
https://www.instagram.com/byronlazine

Connect with Nicole White:
https://www.instagram.com/nicolewhite.ct/

Connect with Ricky Carruth (today’s guest):
https://www.instagram.com/rickycarruth/

This episode's sources:
https://www.youtube.com/watch?v=P5Beb6YNjeM&t=13s
https://nowbam.com/exp-ceo-sets-the-record-straight-on-commission-sharing-policy/
https://www.inman.com/2024/07/29/crmls-removes-seller-concession-fields-due-to-car-forms-change/

Timestamps:
00:00–01:23 Intro
01:23 Recap on last week’s TRW episode
01:34 Ricky’s old Tweet (now deleted)
09:46 “In a perfect world would you have more business models or one?”
10:20 Ricky’s answer: “...I believe the DOJ is doing a horrible job…”
15:25 For the DOJ to force this situation = horrible idea
16:36 The last time the DOJ got really extreme was this NAR in 2019
17:19 “You’d have to be crazy to get in a settlement right now…Wouldn’t you want to push this into 2025–or no?”
17:55 Ricky answer: “You can’t make clear rules right now—obviously…”
19:39 “Worst case scenario: buyer agent commissions average 1%…”
31:59 TOPIC: CRMLS removes seller concessions field
37:35 TOPIC: Las Vegas forms

———

BAM PARTNERS
𝐌𝐨𝐬𝐚𝐢𝐤 is everything you need once a lead becomes a client: Collaborative Search. Listing Management. Transaction Management. Forms. Client Retention. Advanced Analytics. Unlock your digital sidekick today. Use code “bam200” for $200 off the one-time implementation fee → https://www.mosaik.io/
𝐕𝐮𝐥𝐜𝐚𝐧𝟕: The most accurate, powerful, and effective real estate seller lead generation resource to build your business. GET STARTED TODAY → https://www.vulcan7.com/bam/
𝐕𝐢𝐫𝐭𝐮𝐝𝐞𝐬𝐤: Hire a Virtual Assistant Today! Use code BAM200 for $250 OFF the signup fee → https://myvirtudesk.com/contact?promocode=BAM200
𝐏𝐫𝐨𝐩𝐒𝐭𝐫𝐞𝐚𝐦: The most trusted provider of comprehensive real estate data nationwide. Try it FREE → https://trial.propstreampro.com/bam/
𝐒𝐢𝐬𝐮: Increases real estate team & brokerage annual volume by 107% and agent annual volume by 28% → https://sisu.grsm.io/bam-pod-partners
𝐒𝐢𝐞𝐫𝐫𝐚 𝐈𝐧𝐭𝐞𝐫𝐚𝐜𝐭𝐢𝐯𝐞: Solutions That Maximize ROI. SEO powered IDX websites and a predictive CRM driven by marketing automations that help you capture, convert and close. Faster. Let's Chat → https://get.sierrainteractive.com/bam
𝐅𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧𝐬: Maximize tax savings, reduce administrative burdens, and increase take-home pay with a financial management solution specifically for real estate agents: https://get.formationscorp.com/bam

———

#narsettlement #exprealty #dojustice
...more
51min

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The podcast currently has 386 episodes available.

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