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Path to Sales Mastery

David I Hill - Path to Sales Mastery Real Estate and Personal Development Show! This podcast features weekly authentic, inspiring and fun interviews with top salespeople, entrepreneurs, industry experts, authors, business coaches, life coaches, sales trainers and very cool humans like Gary Vaynerchuk, Chris Voss, Jon Acuff, Chris Widener, Jairek Robbins, Brian Tracy, Mel Robbins, Grant Cardone, Russell Brunson and John Lee Dumas who are doing big things! We get to know the real person, what makes them tick, why they do what they do, what makes them successful in their mind, what keeps them up at night and what they do to keep moving forward when times get tough. We share strategies and ideas from my book "The Sales Playbook." The vision is that every time you listen to an interview you leave with a tool, a tip, an idea or strategy that will lead to better sales skills, better quality of life and towards abundance. Enjoy your journey on the Path to Sales Mastery!
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Now displaying: Page 1
Nov 6, 2023

In a recent legal verdict, home sellers across the nation have won a substantial $1.8 billion in damages following a jury's determination of conspiracy among certain members of the real estate community. The lawsuit primarily revolved around allegations of excessive fees imposed by real estate agents, and it has far-reaching implications for both sellers and buyers alike.

 

The focus of the lawsuits is an NAR rule that requires that home sellers offer to pay the commission for the agent representing the homebuyer when they advertise their property on a local Multiple Listings Service, where a majority of U.S. homes are listed for sale. This is in addition to also having to cover the commission for their listing agent or broker.

 

Plaintiffs also claim that the NAR requirement effectively keeps commissions for a homebuyer’s agent artificially high.

 

Questions answered in this episode 

  1. Do you agree or disagree with the lawsuit and why?

  2. What should we be doing now to prepare for this lawsuit?

  3. Is this just attorneys and sellers seeing an opportunity? 

  4. How do you think this will impact the future of real estate agents?

  5. How do you think this will impact the real estate market?

There are also other companies that will be included, or may be included, including compass, Keller Williams, redfin EXP Realty and others. To keep up-to-date on what's happening subscribe to this channel we will continue to provide information when we have it. We will also be providing information from expert real estate agents in experts in the space. 

 

Connect with David

Public Websitewww.davidihill.com 
Real Estate University: www.realestateuniversity.club 
Facebook: https://www.facebook.com/davidihill/ 
LinkedIn: https://www.linkedin.com/in/davidihill 
20-Minute call: https://www.davidihill.com/strategycall

 

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