Understanding the NAR Settlements and Commission Structure - 007
Manage episode 423145333 series 3574874
In this episode, Shane and Alex discuss the recent NAR settlements and how they will impact the real estate industry. They clarify that NAR's rules previously required a commission to be paid when using a licensed realtor, but the actual amount was not set. They express their opinions on the settlements and the potential changes they will bring. They also discuss the low barrier to entry in the real estate industry and the need for further testing and education. They highlight the importance of building a strong personal brand and utilizing social media to connect with clients. Overall, they are excited about the settlements and see them as an opportunity to grab market share.
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