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