EP 12: PART 1 Realtors R People Too-Scott Startsman. NAR settlement impact on Real Estate

PART 1: Scott and I discuss the pending settlement (yet to be approved by a judge) with the NAR (National Association of Realtors) and plaintiffs who sued the organization. The potential impact on the industry for Real Estate Agents, Buyers and Sellers. You can't talk about the settlement without discussing Real Estate, its practices, agents and their workload and what the public knows, or think they know about how the Real Estate business actually works. Including the scope of services and expertise agents can offer to Buyers and Sellers. Some claim this will "Change Real Estate Forever." "6% commissions are gone," "Buying and Selling Homes will be so much less expensive." We discuss the myths and the likely changes in the industry and those things that may not change. Its a good conversation....join us.