Episode 41 - NAR Buyers Comp from the field! What's REALLY happening!

- **Host**: Bob Mangold, the Listing Coach- **Podcast Title**: *If You List, You Last*- **Episode**: 41### Episode Highlights- **Industry Resilience**: Discusses the recent disruption in buyer's agent compensation and the resilience of the real estate industry.- **Open House Observations**: Bob visited eight open houses to gather feedback from agents directly interacting with consumers.- **Market Insights**: Analysis of current mortgage markets, jobless claims, and predictions on interest rate movements.### Key Takeaways- **Feedback from the Field**:   - Agents' experiences with buyer apprehensions due to misinformation from media.  - Varied levels of preparedness among agents to handle new industry changes.- **Training and Education**:  - Importance of educating buyers on new compensation structures.  - The necessity for agents to develop a strong value proposition.  - Encouragement for agents to attend training classes to better navigate the changes.### Actionable Advice- **Engage with the Market**: Start conversations with clients about the current market and upcoming changes.- **Prepare for Change**: Develop and practice a buyer’s presentation to confidently explain industry changes.- **Stay Informed and Educated**: Attend training sessions, join Facebook groups like Real Estate Asset Advisor, and stay updated with reliable sources.### Conclusion- **Industry Outlook**: Despite challenges, opportunities remain for those who adapt and focus on building a strong listing business.- **Next Steps**: Focus on listing strategies and ensure you're prepared to navigate the current real estate landscape.### Call to Action- **Join the Conversation**: Participate in the Real Estate Asset Advisor Facebook group for discussions, training links, and more insights.- **Prepare for the Future**: Keep honing your skills and strategies to succeed in a rapidly changing industry.- **Reminder**: "If You List, You Last."I’ve written a new book, that listeners can download for free!  The title of the book is: The BOSS...An AI Machine That Can Run Any Real Estate Business While The Agent Is Out Selling Homes. Who should read the book? Any agent that finds their marketing stops when they get busy, their database sits untouched, and follow-up depends on their memory. This guide shows how AI can keep the business-building work moving behind the scenes. Download it and see how experienced agents are using AI behind the scenes to earn more while working less! You can grab it now at www.TheAIBossBlueprint.com