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NAR Settlement: What Happened And How To Adapt

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Manage episode 414475029 series 2360121
Content provided by Tom Cafarella - Real Estate Investor & Coach and Tom Cafarella - Real Estate Investor. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Tom Cafarella - Real Estate Investor & Coach and Tom Cafarella - Real Estate Investor or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

The recent NAR Lawsuit Settlement drives home one important point: real estate agents who don’t invest aren’t safe. They should be worried.

Without the solid safety net of income-earning assets, you’ll always be a victim to the ups and downs of the market. With just one investing deal, you can protect your income and never have to worry about shrinking commissions or industry disruptions.

Many agents are in deep denial about the impact the NAR Settlement will have, and that’s a dangerous position to be in.

While it’s definitely too soon to tell what will happen to the industry, make no mistake - things won’t be the same. The faster we adapt, the more bulletproof our businesses will be.

What are the implications of the NAR Settlement? How do we bulletproof our income before it’s too late? In this episode, I talk about how to adapt to this development and protect yourself from the worst case scenario.


There’s never been a time where it’s more important for agents to add investing income into their arsenal. -Tom Cafarella
Three Things You’ll Learn In This Episode

-The bad news about the NAR Settlement

Whether we want to admit it or not, this development doesn’t bode well for a lot of agents. Does it mean we’ll have to work harder for less money?

-Adapt sooner than later

The majority of agents believe that the changes of the NAR Settlement will take up to 5 years to kick in. Why should we make changes now regardless of how long it will take?

-Investing is evergreen

Due to disruptions and shifting market conditions, commissions will always be under threat. How can we use investing to build something that can never be taken away from us?

  continue reading

161 episodes

Artwork
iconShare
 
Manage episode 414475029 series 2360121
Content provided by Tom Cafarella - Real Estate Investor & Coach and Tom Cafarella - Real Estate Investor. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Tom Cafarella - Real Estate Investor & Coach and Tom Cafarella - Real Estate Investor or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

The recent NAR Lawsuit Settlement drives home one important point: real estate agents who don’t invest aren’t safe. They should be worried.

Without the solid safety net of income-earning assets, you’ll always be a victim to the ups and downs of the market. With just one investing deal, you can protect your income and never have to worry about shrinking commissions or industry disruptions.

Many agents are in deep denial about the impact the NAR Settlement will have, and that’s a dangerous position to be in.

While it’s definitely too soon to tell what will happen to the industry, make no mistake - things won’t be the same. The faster we adapt, the more bulletproof our businesses will be.

What are the implications of the NAR Settlement? How do we bulletproof our income before it’s too late? In this episode, I talk about how to adapt to this development and protect yourself from the worst case scenario.


There’s never been a time where it’s more important for agents to add investing income into their arsenal. -Tom Cafarella
Three Things You’ll Learn In This Episode

-The bad news about the NAR Settlement

Whether we want to admit it or not, this development doesn’t bode well for a lot of agents. Does it mean we’ll have to work harder for less money?

-Adapt sooner than later

The majority of agents believe that the changes of the NAR Settlement will take up to 5 years to kick in. Why should we make changes now regardless of how long it will take?

-Investing is evergreen

Due to disruptions and shifting market conditions, commissions will always be under threat. How can we use investing to build something that can never be taken away from us?

  continue reading

161 episodes

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