Ep. 34 | Copy Cat NAR Lawsuits Are Here

Reside Platform Podcast

Learn more about how Reside can get you to #1 in your marketplace: https://residediscover.com/
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In this mini-episode, co-founders of the Reside Platform, Nick McLean & Preston Guyton sit down again to discuss the newest developments with the NAR Lawsuit.
Nick and Preston discuss the surge of copycat lawsuits that followed the NAR case, reshaping legal dynamics in the industry. They further dissect the evolving relationship between MLS’s and NAR, and the fate of smaller MLS entities post-lawsuit.
Additionally, Preston and Nick also discuss the impending rule changes, from contract addendums to buyer compensation discussions, and understand the crucial need for agents to swiftly adapt, emphasizing the importance of articulating their value in this changing environment.
Finally, Nick and Preston touch on the practical challenges facing everyday real estate teams. Diving deep into the impact on team dynamics, questioning whether these changes might lead to the loss of valuable team members and offering insights on how professionals can navigate and thrive in this dynamic environment.
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VIDEO CONTENTS:
00:00 Introduction
01:40 We Knew The Copy Cats Were Coming
06:07 What Will Change
17:40 How Do Real Estate Professionals Adjust
23;40 Wrap Up & Next in the Podcast
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Show Notes:
Follow Preston Guyton
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Facebook: https://www.facebook.com/preston.guyton
Follow Nick McLean
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Facebook: https://www.facebook.com/nickmcleanrealestate