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

· News

4.6

4040 ratings

Download on the App Store

Download on the App Store

Get it on Google Play

FAQs about The Real Word:

How many episodes does The Real Word have?

The podcast currently has 382 episodes available.

The Real Word episodes:

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
May 14, 2024 Agents Speak Out Against Zillow's Touring Agreement | The Real Word 318
Byron Lazine and Nicole White respond to comments on last week’s episode covering Zillow’s non-exclusive touring agreement and discuss why, ultimately, what matters is not what agents are used to or what they prefer but what the consumer wants—and the right question for agents to ask.

Watch last week's episode of The Real Word (#317) to hear Byron's and Nicole's response to Zillow's new touring agreement: https://youtu.be/Rx9BSOUMozU

Watch last week’s Knowledge Brokers Podcast episode with Realtor.com CEO Damian Eales:
https://www.youtube.com/watch?v=OACmX0EKwAk&t=1823s

𝐁𝐞𝐜𝐨𝐦𝐞 𝐚 𝐦𝐞𝐦𝐛𝐞𝐫 𝐨𝐟 𝐁𝐀𝐌𝐱: https://bamx.uscreen.io/pages/subscribe

Use discount code REALWORD for 10% off your annual subscription!

________

BAM Webinar: The Brand Building Opportunity of a Lifetime → https://us02web.zoom.us/webinar/register/3517151139085/WN_hXEEG49ORwmnc3lCRBLXTQ#/registration

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/zillow-introduces-non-exclusive-touring-agreement-in-response-to-nar-settlement/
https://notoriousrob.substack.com/p/in-which-i-explain-things-to-anthony

Timestamps:
00:00–00:35 Intro
01:26 Notorious ROB article-debate w Lamacchia
02:15 Topic 1: Reacting to comments from last week on zillow touring agreement
02:54 Nicole’s response as to whether they were too in favor of Zillow in their last episode
05:07 I don’t understand where people confuse facts with…
06:48 This test might give agents an opportunity…
07:11 Another comment: “What’s insane is touring a home without…”
09:37 Agents listen up: Your opinions on whether or not…
15:41 We all agree buyer consultations are great… If you force feed it you might be pushing that buyer away
17:41 Southwest55Plus comment: “If every real estate company can…we will have a mess”
18:54 Agents always get wrapped up… Who does the consumer want to work with?
21:03 Another comment from Southwest55Plus & Byron’s response
24:20 Other comments and responses

———

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 #realestateagents
...more
37min
May 07, 2024 Is Zillow’s New Touring Agreement Beneficial To The Industry? | The Real Word 317
Byron Lazine and Nicole White discuss Zillow’s non-exclusive touring agreements, what each one likes and doesn't like about the from, and the NAR practice changes set to go into effect August 17, 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/zillow-introduces-non-exclusive-touring-agreement-in-response-to-nar-settlement/
https://nowbam.com/nar-practice-changes-set-to-go-into-effect-august-17-2024/
https://www.nar.realtor/the-facts/nar-settlement-faqs?narmail=CEOMessage&date=04-29-2024&user=1155937&itid=9710534

Timestamps:
00:00–00:53 Intro
03:00 Topic 1: Zillow’s new touring agreement
05:11 “Here’s what I like about the form…”
06:40 What Nicole likes about it
08:22 “Now I know they don’t have an agent…I can win that business.”
09:12 “Where I get a little worried…”
13:04 “Here’s Zillow’s position…”
14:04 Topic 2: NAR FAQ #53 & extension (going off of Zillow touring agreement)
14:25 “This shows you how much of a fricken grip…”
15:55 “NAR will not dictate…”
17:11 The term of the agreement is up to you & the consumer (no restrictions)
20:01 “Here’s what I think is insane…”
22:19 “Which agents should say, ‘I want to meet more ppl on home tours’?”
24:55 How Zillow’s touring agreement can help build trust
26:17 “If you know you’re exceptional…you should be motivated to meet more people on their terms.” (Otherwise, "you're putting them in danger")

———

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 #narsettlement #nationalassociationofrealtors
...more
33min
April 30, 2024 72% Of Agents Think This About NAR | The Real Word 316
Byron Lazine and Nicole White discuss last week’s unfiltered BAM interview with NAR president Kevin Sears, Inman’s survey asking agents if NAR is good for the industry, and 55,000 home sellers receiving a refund from Opendoor.

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

BAM Webinar—Keep Your Clients for Life: https://us02web.zoom.us/webinar/register/1817140992875/WN_JMtmou3VSyKx9Yanc9bU8w#/registration

Kevin Sears Interview With BAM: https://youtu.be/RolUHg3B940

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

Timestamps:
00:00–00:32 Intro
00:33 Racket #1—Recap of Kevin Sears Pod
06:35 Racket #2—Inman Surveys Agents on if NAR Is Good For Industry
20:09 Racket #3—55,000 Home Sellers Receive Refund From Opendoor

———

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 #narsettlement #inman
...more
31min
April 22, 2024 The Central Problem Plaguing Real Estate | The Real Word 315
Byron and Nicole break down the latest trends in real estate training, discussing the importance of ethical practices and agent management. They delve into the effectiveness of training, the ethics of accepting gifts, and how feeling appreciated can impact business relationships. They also explore the practicalities of fee structures and the strategic silence of corporations on agent counts.
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://notoriousrob.substack.com/
https://nowbam.com/is-nar-hiding-membership-data/
Timestamps:
00:00–00:53 Intro
02:55 Notorious R.O.B.’s response to the question, “Will 6% commissions end?”
06:21 Amateurs & marginal agents vs. pros (referencing the Swanepoel Danger Report)
14:53 The important takeaway from the U of M event (per Notorious R.O.B.)
16:03 Reddit post from a homebuyer: “Do we tip him?”
18:55 Nicole’s response to that question (“Hey, can I offer you a tip…?”)
21:27 Why has NAR removed its membership data?
26:18 Stay tuned for BAM interviews lined up at T3 Sixty
———
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
———

#realestateagents #commissions #nationalassociationofrealtors
...more
30min

FAQs about The Real Word:

How many episodes does The Real Word have?

The podcast currently has 382 episodes available.

More shows like The Real Word

Real Estate Rockstars Podcast by Aaron Amuchastegui

Real Estate Rockstars Podcast

884 Listeners

Real Estate Training & Coaching School by Tim & Julie Harris - Real Estate Coaches

Real Estate Training & Coaching School

686 Listeners

The Tom Ferry Podcast Experience by Tom Ferry

The Tom Ferry Podcast Experience

1,132 Listeners

It's a Good Life by Brian Buffini

It's a Good Life

2,529 Listeners

THE ED MYLETT SHOW by Ed Mylett | Cumulus Podcast Network

THE ED MYLETT SHOW

14,069 Listeners

The ONE Thing by Keller Podcast Network

The ONE Thing

1,109 Listeners

Keeping It Real Podcast • Secrets Of Top 1% REALTORS ® • Interviews With Real Estate Brokers & Agents by D.J. Paris

Keeping It Real Podcast • Secrets Of Top 1% REALTORS ® • Interviews With Real Estate Brokers & Agents

262 Listeners

Massive Agent Podcast by Dustin Brohm

Massive Agent Podcast

335 Listeners

The Ninja Selling Podcast by Ninja Selling

The Ninja Selling Podcast

314 Listeners

Hustle Humbly Podcast by Alissa Jenkins & Katy Caldwell

Hustle Humbly Podcast

876 Listeners

HousingWire Daily by HousingWire

HousingWire Daily

160 Listeners

The Walk Thru by BAM Media

The Walk Thru

15 Listeners

Knowledge Brokers Podcast by BAM Media

Knowledge Brokers Podcast

43 Listeners

BAM Hot Sheet by BAM Media

BAM Hot Sheet

15 Listeners

The Millionaire Real Estate Agent | The MREA Podcast by Keller Podcast Network

The Millionaire Real Estate Agent | The MREA Podcast

355 Listeners