Marty Walsh’s Post

There’s “going to be a point at which it doesn't make sense to belong” to small, local MLSs, one broker-owner — and member of 7 MLSs — told Real Estate News. Adam Conrad #realestatenews #realestate #realtorlife #futureofrealestate

Even though the National Association of REALTORS® has reported a steady member count despite the recent settlement changes, according to a survey done by RISMedia, 90% have seen a decrease in ACTIVE agents. Though interest rates and inventor play a part, many are also attributing the changes from the settlement. “The uncertainty around the NAR settlement forced the number of agents to drop somewhat in my market,” said Darren Kittleson, principal broker for multiple Keller Williams’ franchises in Wisconsin. “Seasoned, older agents are not willing to navigate the new policy changes and (are) choosing to retire early,” said one broker, who requested anonymity. “Most (agents) feel that they will be able to cope with the settlement changes, and most feel that lower interest rates are on the way. Not many agents will leave the business,” said Scott Myers, broker/owner of CENTURY 21 Scott Myers REALTORS® in Texas. Rayse helps brokers 1️⃣ Recruit & retain active, producing agents 2️⃣ Helps agents adapt to the NAR settlement changes 3️⃣ Provides agents a tool to stand by their value while enhancing their buyer's experience 4️⃣ Protects a broker's bottom line from loss of active agents and commission pressure Check out the full article ➡️ https://lnkd.in/g8DFPHcV Follow the yellow dot... 🟡 https://www.rayse.com/ #realestate

One of the better-written explanations in Time Magazine of the new real estate/Realtor rules and protocols that sellers and buyers will experience. One observation: we're not seeing large numbers of buyers 'going it alone' to avoid compensating their licensed Realtor; most still realize the value of the representation, advocacy and fiduciary duty that comes with using a Realtor. #realestatelawsuit #buyeragency #newrealestaterules #realtor

🌟 Exciting Changes in Real Estate! 🌟 The real estate industry is undergoing significant reforms, particularly in how agent compensation is structured and the transparency that accompanies these changes. 🔄💼 At eXp Realty, we're proud to be leading these transformations by creating and openly sharing new forms that set a standard for clarity and fairness across the industry. You've probably seen the buzz on TV or read in the newspapers about the potential savings for home sellers and the pivotal lawsuits that have paved the way for these changes. 📺📰 I'm deeply engaged in discussions with both home sellers and buyers about what these reforms mean for them and how they can benefit. Interested in learning more about how these changes might affect you? Let's chat! 📞 Give me a ring at 814-318-8444 or drop a comment below. I'm here to help demystify the process and explore the best options for you. #RealEstateReform #eXpRealty #HomeBuying #HomeSelling #IndustryLeadership #TransparencyInRealEstate #StateCollegeRealtor #StateCollege #StateCollegeHomesForSale #StateCollegeRealEstate

7 years ago this December I fell and broke my clavicle. I fell and smacked my face as you can see my black eye. What struck me and still does is how vulnerable we are as humans in this Industry. That teal scarf was my sling for my arm. I had just joined eXp Realty with the team earlier in July. Not a year earlier I broke my foot. I still showed homes through these different smaller injuries yet what would I have done if they were serious? How would I pay my bills? Many Realtors struggled in 2024 (the worst year in Real Estate in 35 years). Add lower commissions for the year, added stress, and then an illness or serious injury, and you're in big trouble. We were off to Cabo with Brent Gove to the Cabo Event that following March called the One Big Fire. Brent not eXp however eXp santified brings eXp Agents and guests together to level up their businesses. By this point, I was so grateful for eXp and all it offered I had already been sharing it with other agents and they shared it and I had monthly residual income. At first, it was $48 and it grew and grew. That same event is coming up and it is really going to be FIRE with all the Speakers. It will sell out quickly so please reach out to me. If you are a Realtor it's for you. eXp has changed so much about my life, especially if I got hurt. I know I have a safety net. Soon I will tell you the story of John Pedone who we lost just a year ago and how Elizabeth Pedone is taken care of through eXp Realtys Legacy program. You won't find a better fit. Like anything it means taking advantage of what they offer. In my mind, this is the greatest gift I can offer another agent who wants more. Reach out to me and let's talk about your business, your future, your legacy, and your opportunity! #exprealty #WhereTheProsGoToGrow #eXpInternational #realtor #kathybyrnesglobalconnector #kathybyrnesglobalrealtor #kathybyrnesrealtor

NAR Membership Rules Challenged! In this video, we dive into a significant proposal from the Alabama Association of Realtors, urging the National Association of Realtors (NAR) to make membership optional. Discover how this push for greater flexibility in dues allocation could reshape the Realtor landscape and what it means for future memberships. With rising frustrations among agents and potential legal risks looming, this could be a pivotal moment for the industry. Tune in to learn more about the implications of this move and stay updated on the unfolding story! #realestate #realestateagent #realestatelife #realestatemarket

From Real Estate News: Keller Williams Realty, Inc. kicked off this week with calls and an email to all of its U.S.-based leaders and agents, providing its perspective on NAR's blockbuster #commissions settlement. First things first: The deal still must be approved by a judge before it can take effect. And it does not take the place of KW's earlier #settlement, which also still requires court approval. What's next? More #education, KW says, and ideally more business. "Over the next 30 days, we will be working to document best practices and updates to our models and systems to help each of you #thrive in this evolving #realestate market.”

 🚩 #Recruiting red flags 🚩 After she got licensed, Karlee VanDyke, Realtor spent 6 months interviewing nearly every #realestateteam and #realestatebrokerage in her market. Here in this clip: Some of the red flags agents should watch and listen for when looking for the right organization to join. In our full conversation: - more lessons from those 6 months interviewing real estate companies - reasons she chose Whissel Realty Group brokered by eXp Realty over all the other options - tips for agents to be successful in the team model Enjoy!

National Association of Realtors (NAR) Settlement (Pt 2) National Association of Realtors (NAR) has agreed to a new rule that requires MLS participants working with buyers to enter into written agreements with their buyers before the buyer tours a home. This means that if you want to see a property on MLS, you will need to sign a contract immediately. The agreement could entitle the MLS participant to a commission if you buy a property, depending on the type of agreement. It's interesting to see how this will be implemented since it constrains the casual interest group. Stay informed about the latest real estate news and updates by checking out the link below. #realestate #realestatemarket #nwarealestate #realestatelife #realestateforsale #luxuryliving #realtorlife Link: https://lnkd.in/gMCQiGvF

There has been a lot of information lately about the changes in the Real Estate industry, and these major changes won't actually begin until late Summer. Let's separate fact from fiction: #factfromfiction #narsettlement #realestatenews #changesinrealestate #representation #realtor What's Real About the Recent Real Estate Headlines? — As you may have seen or heard, there is a proposed settlement by the National Association of REALTORS® (NAR). While the settlement still requires final approval, there have been plenty of headlines in the media causing confusion. To clarify some of the misinformation about the settlement, I want to provide a few facts: Sellers retain, as they always have, the discretion to offer compensation to buyer’s brokers. The proposed settlement does not prohibit their ability to do so. Commissions have always been and will continue to be negotiated through transparent conversations with our clients. We believe strongly in transparency around broker compensation. Commissions have always been negotiable and are not set by law. Reduced fee alternatives have been and will continue to be available for consumers seeking those options. The proposed settlement would require that every buyer represented by an NAR-affiliated agent sign a Buyer Representation Agreement outlining the relationship between the buyer and broker before touring a property, something that is already required in many states for over a decade. Buyers deserve representation at every income level. Our experience has shown that transactions flow more smoothly when there is professional representation on each side, creating open lines of communication which benefit all parties involved. Compass agents provide tremendous value to our clients. As a result, we will continue to encourage a transparent commission conversation that reflects the time, effort, expertise, and support we invest in each transaction. Compass is fully prepared to adopt the changes laid out as part of the settlement. We see these updates as being positive both for our clients and for the brokerage community, as they provide additional transparency and clarity and will encourage the most professional agents to thrive. If approved, the terms of this settlement will undoubtedly impact certain facets of the residential real estate industry. Our hope is that any changes will provide an opportunity to enhance the professionalism of the industry across the country and elevate Realtors® to the standards we at Compass have always held ourselves to. Real Estate is a relationship-based business, and the trust we’ve earned with our clients is something we greatly value. Together, we will navigate any changes to rules and regulations in our industry while continuing to provide our clients with the same exceptional service we always have.