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:

July 26, 2024 eXp CEO Leo Pareja Joins To Set The Record Straight
Rumors about changes in commission-sharing practices at eXp have been circulating online this week. Today, eXp CEO Leo Pareja joins Byron Lazine on this BAM Breaking Live to set the record straight. Pareja will explain how the brokerage is responding to the NAR settlement and the changes it will implement by August 17th. Tune in to hear it straight from the source.
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 NEWS for 20% off your annual subscription!
Watch the Real Word episode from July 23, 2024: https://www.youtube.com/watch?v=WEeELtZLShg&t=1515s
eXp's Buyer Representation Toolkit: https://exptoolkit.com/buyerrepresentation
_______
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 Leo Pareja: https://www.instagram.com/leopareja/?hl=en
———
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/
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/
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
———

#realestatenews #eXp #BAMbreaking
...more
47min
July 23, 2024 eXp CEO Allegedly Breaks Silence On Commission Sharing Rule | The Real Word 327
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.

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.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

———

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 #realestatecontracts #exprealty
...more
34min
July 16, 2024 DOJ Inquiry Sparks Major Changes In CAR Listing Agreement | The Real Word 326
Byron Lazine and Nicole White discuss changes to the California Association of Realtors (C.A.R.) listing agreement following a DOJ inquiry, the DOJ’s continuing investigation into NAR, and a Wall Street Journal article on the DOJ question: “Does the landmark real estate sentiment go far enough?”

Join us tomorrow for BAM BBQ!
https://brokeagentmedia.lpages.co/bam-b-b-q/

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/doj-allowed-to-reopen-investigation-into-national-association-of-realtors/
https://www.wsj.com/real-estate/real-estate-commissions-nar-doj-scrutiny-b855c28e?st=x1an7kzfzarjzwn&reflink=article_email_share
https://assets.inman.com/wp-content/uploads/2024/07/RLA_7-2024_alternatedraftv5.pdf
https://assets.inman.com/wp-content/uploads/2024/07/MLSA_7-2024_draftv2.pdf
https://www.inman.com/2024/07/12/car-changes-commission-sharing-on-forms-following-doj-inquiry/

Timestamps:
00:00–02:49 Intro
02:49 Topic 1: Newly updated CAR listing agreement
04:13 Inman: CAR changes form following DOJ inquiry
23:35 Topic 2: DOJ announcement on reopening NAR investigation
25:48 Topic 3: Wall Street Journal article: “Does the [NAR] settlement go far enough?”
———

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

———

...more
36min
July 09, 2024 What Consumer Federation of America's Report Means For C.A.R's Listing Agreement | The Real Word 325
Byron Lazine and Nicole White respond to YouTube comments on last week’s episode and discuss the newest report from the Consumer Federation of America (CFA) on the C.A.R. Proposed Listing Agreement.

Watch last week’s episode for Byron’s and Nicole’s response to the C.A.R. Buyer Representation Agreement and the CFA report on the same: https://youtu.be/QVHZ1Sban2g

BAM BBQ: https://brokeagentmedia.lpages.co/bam-b-b-q/

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/what-every-agent-needs-to-know-about-the-c-a-r-proposed-seller-listing-agreement/
https://nowbam.com/wp-content/uploads/2024/07/CFA-Report-on-CAR-Seller-Agreement.pdf
https://nowbam.com/wp-content/uploads/2024/07/6-2024_draftv10-3-CAR-Seller-Listing-Agreement.pdf
https://www.realestatenews.com/2024/06/28/c-a-r-responds-to-harsh-criticism-of-its-buyer-agreement
https://consumerfed.org/wp-content/uploads/2024/06/California-Draft-Form.pdf
Previous week’s podcast (on C.A.R. Buyer Rep Agreement form): https://youtu.be/QVHZ1Sban2g

Timestamps:
00:00–00:54 Intro
00:54 Racket 1: Reaction to comments from last week’s pod
17:03 Racket 2: CAR response to the CFA report
23:30 Racket 3: CFA problem with CAR listing agreement
42:01 Racket 4: CAR listing agreement

———

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

———

#youtubecomments #narsettlement #realestateindustry
...more
54min
July 02, 2024 The Truth About California Association of Realtors' New Buyer Agreement | The Real Word 324
Byron Lazine and Nicole White discuss a “buyer beware” press release from the Consumer Federation of America (CFA) on California Association of Realtors’ (CAR) buyer representation agreement, a Notorious ROB article on the CAR agreement, as well as eXp's exemplary buyer agency agreement form and toolkit, and Connecticut's one-page agreement.

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

BAM BBQ: https://brokeagentmedia.lpages.co/bam-b-b-q/

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

_______

1000watt Brand & Marketing Summit → Use the discount code BAM for 15% off the ticket price: https://1000watt.net/events/summit/

________

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://consumerfed.org/wp-content/uploads/2024/06/California-Draft-Form.pdf
https://consumerfed.org/press_release/buyer-beware-new-contracts-for-home-purchasers1/
https://notoriousrob.substack.com/p/copy-exps-buyer-agency-agreement
https://consumerfed.org/wp-content/uploads/2024/06/Buyer-Broker-Representation-Agreement-FORM-vsn-USA-EN-05.29.2024.pdf
https://exptoolkit.com/buyerrepresentation

Timestamps:
00:00–00:32 Intro
00:37 Topic #1: CFA news release on new contracts for home purchasers
03:50 CAR buyer and broker agreement (“virtually unreadable”)
05:47 “#1: I don’t love four-page agreements…”
06:17 “There’s a simple definition of an agent…”
08:43 CAR buyer & broker agreement
09:28 Notorious ROB article on CAR’s buyer agency agreement
18:03 Topic #2: eXp’s buyer agency agreement (“eXp has a phenomenal form”)
18:30 “eXptoolkit.com is a great model for a buyer representation toolkit…”

———

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: get.formationscorp.com/bam

———

#buyeragent #narsettlement #exprealty
...more
31min
June 18, 2024 Is The NAR Settlement A Once In A Lifetime Opportunity? | The Real Word 323
Byron Lazine and Nicole White discuss a Clever Real Estate survey revealing agent and consumer views on upcoming changes to the real estate commissions structure, along with what real estate coach Tom Ferry means when he describes the NAR settlement as a “once in a lifetime opportunity.”

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

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

Take the Agent Sentiment Survey: https://wss.pollfish.com/link/021c134e-48a6-4b2c-a4be-ffa880584649

_______

1000watt Brand & Marketing Summit → Use the discount code BAM for 15% off the ticket price: https://1000watt.net/events/summit/

________

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://listwithclever.com/research/real-estate-commission-changes-2024/
https://www.youtube.com/watch?v=KN2nT-elCTA

Timestamps:
00:00–01:35 Intro
01:35 Topic #1: Clever survey on commission changes
12:06 95% of surveyed agents expect the new commission structure will...
13:00 “Why do you support changes in commission structure?” (chart)
14:30 “Why do you oppose…?” (chart)
17:14 “Have you ever negotiated the commission rate with a real estate agent?” (chart)
18:11 A negotiation does not mean… This is where people need understanding
19:35 “Will the NAR settlement impact whether you will use a real estate agent…?” (chart)
20:09 “How do you think the settlement will affect the real estate industry?” (chart)
20:40 “When the settlement takes effect, what do you expect average commission rates to be?” (chart)
23:28 Topic #2: Tom Ferry says NAR settlement is a once in a lifetime opportunity.

———

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: get.formationscorp.com/bam

———

#narsettlement #tomferry #commissions
...more
33min
June 11, 2024 Ketchmark Issues Warning To Industry Amidst NAR’s Comments on Steering | The Real Word 322
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.

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

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

_______

1000watt Brand & Marketing Summit → Use the discount code BAM for 15% off the ticket price: https://1000watt.net/events/summit/

________

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/2024/06/06/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…”

———

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://signup.propstream.com/name
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: get.formationscorp.com/bam

———

#nationalassociationofrealtors #commissions #narsettlement
...more
27min
June 04, 2024 Will Commission-Sharing Sites Thrive Amidst DOJ Ruling? | The Real Word 321
Byron Lazine and Nicole White discuss the rise of commission sharing sites—specifically Nesthook.com and Listingsplit.com—the acquisition of Xome (DIY sales platform) by Mr. Cooper Group, and how Xome compares to Opendoor

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

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

_______

1000watt Brand & Marketing Summit → Use the discount code BAM for 15% off the ticket price: https://1000watt.net/events/summit/

________

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.marketwatch.com/story/nearly-55-000-home-sellers-to-receive-62-million-in-refunds-from-opendoor-76cbe6a9
https://www.housingwire.com/articles/mr-cooper-group-subsidiary-launches-diy-sales-platform-no-agent-needed/
https://www.inman.com/2024/06/03/commission-disclosure-platform-aims-to-sidestep-nar-mls-rules/
https://www.realestatenews.com/2024/06/03/commission-sharing-sites-are-cropping-up-will-they-last

Resources mentioned:
https://listingsplit.com/
https://www.nesthook.com/
https://www.mrcooper.com/
https://www.mrcoopergroup.com/

Timestamps:
00:00–01:15 Intro
01:15 Racket 1: Commission-sharing sites are cropping up
03:35 “Here’s an interesting thing about domains….” (DNJournal.com)
06:04 Listingsplit.com and Nesthook.com (commission sharing sites)
11:29 Knowledge Brokers pod mention (from last Friday, 05/31/24)
12:33 “There’s absolutely nothing creative about this…” (Miller)
13:08 “Stop Zillow” - mention from episode one of Real Word
14:58 Taking the websites one by one, starting with Nesthook.com
16:49 Listingsplit.com (geared towards sellers and buyers)
20:33 Racket 2: Mr. Cooper Group subsidiary launches DIY sales platform
23:36 What is Mr. Cooper Group?
24:33 Headline of article on Xome acquisition and comparison to Opendoor
28:42 “Is Xome stopping with investors or…?”
31:51 Live YouTube Objection Handling event Thursday at 3 pm ET

———

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://signup.propstream.com/name
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

———

#commissions #Zillow #Opendoor
...more
36min
May 28, 2024 DOJ Finally Speaks Out Against NAR Settlement | The Real Word 320
Byron Lazine and Nicole White discuss NAR’s request for a rehearing on the DOJ investigation ruling, comments made by the DOJ on the NAR settlement, why ultimately it doesn’t matter what the DOJ does, and what it means to be an agent of change in the industry’s new era.

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

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

________

1000watt Brand & Marketing Summit → Use the discount code BAM for 15% off the ticket price: https://1000watt.net/events/summit/

________

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-seeks-rehearing-on-doj-investigation-ruling/
https://www.inman.com/2024/05/22/doj-sends-signal-to-industry-in-first-commission-comment-since-march/
https://nowbam.com/its-time-to-choose-are-you-with-the-agents-of-change/
https://www.instagram.com/p/C7O5m0ZxSBP/?igsh=MTB1b3NqNHp5dTd6cQ%3D%3D

Timestamps:
00:00–00:48 Intro
01:29 Racket #1: NAR Seeks Rehearing & DOJ Responds
04:50 DOJ comments on the NAR settlement
07:15 “Offers of compensation should not be made anywhere…”
08:31 “Do the consumers win or lose here?”
13:59 “I don’t think that’ll be time well spent by NAR…”
14:42 Racket #2: Are You With The Agents of Change?
15:45 The last 10 years have been the era of new models. The new era…
16:48 The agent of change looks through the lens of the consumer.
17:50 “I don’t care what the DOJ does…none of that matters if…”
20:44 To be that agent of change, join us for BAM Mania in October!
22:20 BAM IG Post Comments: “What is your biggest mistake in our RE career?”
24:49 Nicole’s answer to IG post question
28:44 Byron recounts some mistakes he’s made

———

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://signup.propstream.com/name

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

———

#nationalassociationofrealtors #realestateagents #departmentofjustice
...more
35min
May 21, 2024 The Biggest Opportunity Zillow’s Touring Agreement Presents | The Real Word 319
Byron Lazine and Nicole White revisit the Zillow non-exclusive home touring agreement, review a Jared James video, and respond to more comments and questions from real estate agents.

Watch the Part 1 Real Word episode (#317) on the Zillow touring agreement: https://www.youtube.com/watch?v=Rx9BSOUMozU&t=22s

Watch Part 2 (Episode #318): https://www.youtube.com/watch?v=0j6gD3rWIrg

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

________

1000watt Brand & Marketing Summit → Use the discount code BAM for 15% off the ticket price: https://1000watt.net/events/summit/

________

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/zillows-dirty-and-obvious-plan/

Timestamps:
00:00–00:38 Intro
00:38 Topic: Zillow touring agreement–Part 3
01:58 Disclaimer
02:29 First ever BAM article: “Zillow’s dirty little secret”
04:36 Zillow’s one page touring agreement (image of one-page agreement)
05:52 “I’m gonna pose a question…”
08:46 The question: “What’s the difference between an open house & an open home touring agreement?” (Jared James video)
09:43 Jared James video and commentary (11:00)
13:57 Tool to get buyers off the sidelines (Comment from realestate_doggie)
14:47 Nicole’s response to Byron’s question
16:32 Comment from the real sam d: "It doesn’t happen often & she’s not wrong..."
19:14 "Do I think open houses are the biggest opportunity?"
22:46 Comment by gevabarable: “I still don’t get how you sign a touring home agreement…”
24:34 Comment from johnnymerkle7728 and response from MrBayAreaRealEstate
26:48 “People should have flexibility to cancel agreements…”
29:57 Comment by amandaj.miller7624: “Been in the business for years…signing buyer agent agreement majority of the time”

———

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://signup.propstream.com/name

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

———

#Zillow #buyeragent #openhouse
...more
36min

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The podcast currently has 386 episodes available.

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