Our Response to the NAR Lawsuit (Buyer Representation Has Changed)

In this insightful episode, Vikram and I dive deep into the evolving world of buyer representation and its implications for real estate agents. We explore the critical role of brokerages in providing essential training and support, emphasizing the importance of developing robust sales skills. The conversation also delves into Zillow's influence on the industry, including its new touring agreements and the shift towards team collaborations. Tune in to learn how agents can transform into trusted advisors and thrive amidst the industry's changes.

Here are the main takeaways:

1. The New Era of Buyer Representation: Buyer representation is undergoing significant changes, necessitating the implementation of buyer agreements for agents. Understanding these shifts is crucial for staying relevant in the market.
2. The Role of Brokerages in Agent Support: Many brokerages fall short in offering comprehensive training and support. Agents need to seek out or advocate for better resources to enhance their professional development.
3. The Importance of Sales Skills: Sales skills are indispensable in real estate. Agents must transition from being mere order takers to becoming trusted advisors, guiding their clients through the buying process with expertise.
4. Zillow's Impact and Lead Conversion: Zillow’s lead conversion strategies might not be entirely effective. Agents should prioritize honing their own lead conversion skills and be aware of Zillow’s new touring agreements, which require consumers to sign agreements before touring homes.
5. Adapting to Industry Changes: With Zillow moving towards team-based models and commission structures, agents must focus on delivering excellent service and building strong client relationships to remain competitive in the evolving landscape.

Stay ahead in the changing real estate industry by continually improving your skills and adapting to new trends. Invest in your professional development, become a trusted advisor to your clients, and provide exceptional service to thrive in this dynamic field. Don't forget to subscribe to our podcast for more insights and strategies to elevate your real estate career!

Watch on YouTube here:? https://www.youtube.com/watch?v=ncs3AlBOmdg?

Listen on Itunes here: https://podcasts.apple.com/us/podcast/our-response-to-the-nar-lawsuit-buyer-representation/id1673558701?i=1000656919180?

Listen on Spotify here: https://open.spotify.com/episode/1LKgzKMQJOMXAQdimSYaOY?

Follow the podcast here: https://linktr.ee/thereagentpodcast?

CEO at Sheridan St.

The #1 lead generation and appointment setting agency for real estate

P.S. Whenever you’re ready to take your business to the next level… here are a few ways we can help!

1. START YOUR SHERIDAN ST. FREE TRIAL: Get 3 Buyer/Seller Appointments For Free: https://sheridanst.io/trial?

2. FREE PROFITABLE ADS TRAINING: Learn more about how top performing agents and teams run ads in order to generate leads that convert into deals faster: https://sheridanst.io/7-figure-leads?

3. 7 FIGURE APPOINTMENT PLAYBOOK: Learn what top producers are saying in order to convert more online leads to clients: https://sheridanst.io/playbook?

4. FIND OUT HOW MUCH MONEY IS IN YOUR DATABASE: Use The Sheridan St. Calculator to see how much money in commissions is currently sitting in your database based of industry stats: https://sheridanst.io/hiddenmoney?

5. GET BOOKED APPOINTMENTS, LIVE TRANSFERS & IN PERSON SHOWINGS: Learn about how top performing teams and agents are implementing our Dedicated Appointment Engine in order to experience massive growth in their businesses: https://sheridanst.io/book-now?

6. SEE WHAT OUR CLIENTS HAVE TO SAY ABOUT SHERIDAN ST.: Learn about what our clients say and how the program drives real results: https://sheridanst.io/?

7. ACCESS UNICORN VIRTUAL ASSISTANTS (ADMIN, TC ETC) – https://assistantly.grsm.io/huc4pcoi4yd4?

8. BECOME A SHERIDAN ST. AFFILIATE: Earn 10% of The Monthly Recurring Revenue We Collect on Active Subscriptions: https://sheridanst.io/affiliate-join?

9. GET SHARRAN AND CODY’S 7 FIGURE LEAD AND CLIENT FRAMEWORK PROGRAM: Find out how top producers are generating leads and converting them into deals on autopilot: https://sheridanst.io/framework-checkout?

10. ONLY PAY PER CLOSING WITH SOLD.COM: If you are in the United States join sold.com’s referral network and only pay when the deal closes: https://agents.sold.com/promo/sheridan?

11. SISU REAL ESTATE OPERATING SYSTEM: The top teams we advise are on this reporting platform and use it as a lifeline to track the ROI of every dollar spent and run their business operations with it. Check it out here: https://sisu.grsm.io/x7mfhuogvoqv?