#3 - Realtors are panicking—here’s what you need to do!

In this episode of "RE in Real Time," hosts Forrest and Lonnie dive into the significant changes that took effect on August 17th, which have left many real estate agents feeling confused and unsettled. They discuss the new compensation structure that no longer allows compensation to be advertised in the MLS, shifting the responsibility to the buyer's broker to negotiate their commission directly with the buyer. Forrest and Lonnie explore the implications of this change, emphasizing the need for transparency and consumer-centric practices in real estate. They also touch on the challenges some agents face in adapting to the new rules, including reports of agents refusing to show properties without a signed compensation agreement. The hosts stress the importance of adhering to the new guidelines and leading by example in the industry. Towards the end of the episode, they pivot to discuss the opportunities that NextHome The Agency Group offers for agents and leaders, highlighting the flexibility and entrepreneurial spirit that the company encourages. They emphasize the importance of building a business that allows agents to achieve long-term success and generational wealth, positioning NextHome The Agency Group as a forward-thinking and supportive environment for real estate professionals. Tune in to gain insights into the latest industry changes and learn how to navigate this new landscape effectively.