1225: David Greene: What the NAR Rulings Mean for Your Real Estate Business

March 21, 2024

What do the recent NAR rulings mean for your real estate business? Catch today’s podcast with BiggerPockets’ David Greene and Aaron Amuchastegui to find out! David and Aaron share their thoughts on how the industry will change, especially for buyer’s agents. Plus, we offer strategies and scripts for protecting buy-side commissions, speculate on which brokerages are in BIG trouble, and more. Listeners will also learn how listing agents and lenders can step up to save the industry.

Listen to today’s show and learn:

  • What you’ll learn in today’s Real Estate Rockstars Podcast [0:00]
  • What the NAR lawsuits mean for your real estate business now [1:46]
  • The NAR email that set the real estate industry on fire [2:50]
  • David Greene’s thoughts on the NAR and its intended purpose [6:08]
  • David Greene’s thoughts on the recent NAR ruling [9:06]
  • What doesn’t make sense about the NAR ruling [10:41]
  • The types of compensation available to buyer’s agents now [13:31]
  • A potential positive that may come from the NAR ruling [17:00]
  • Common complaints about Realtor commissions [17:46]
  • How commissions work in commercial real estate and in other countries [21:14]
  • Solutions for buyer’s agents [23:18]
  • Why investor-friendly agents now have a HUGE advantage [28:21]
  • Should listing agents advocate for buyer’s agent commissions? [30:16]
  • A way for lenders to solve the problem of buyer’s agent commissions [34:07]
  • David’s script for sellers who don’t want to pay the buy-side commission [35:33]
  • How Redfin, Zillow, and Realtor.com degraded the value of real estate agents [39:34]
  • Buyer-rep agreements must now be signed before touring homes [43:12]
  • Why the NAR ruling is actually bad for consumers [44:56]
  • Aaron Amuchastegui’s advice for buyer’s agents [46:28]
  • The real estate brokerages that are in big trouble now [51:47]
  • Where to find, follow, and learn from David Greene [55:00]
  • The Real Estate Rockstars Mastermind [56:50]

David Greene

David Greene is a real estate broker and and co-host of the BiggerPockets Real estate podcast. The author of best selling books “Long Distance Real Estate Investing”, “Buy, Rehab, Rent, Refinance, Repeat”, and “Sold: Every Real Estate Agents Guide to Building a Profitable Business”, David is a nationally recognized authority on real estate, and has been featured on CNN, Forbes, and HGTV as well as over 25 different real estate podcasts. A licensed real estate broker and lender, David runs “The David Greene Team”, a top producing real estate company in Keller Williams where he has won multiple awards for production. An active real estate investor, David owns properties of various asset classes across the country.

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-Aaron Amuchastegui

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