Clear As Mud

Splits and Caps Daily: Action for Agents

October 7, 2024

📈 Market Move:

“Competition Killer”

Alright, buckle up. The National Association of Realtors (NAR) is back in court, this time facing off solo against Top Agent Network (TAN). Here’s the deal: TAN’s been gunning for NAR since 2020, claiming their "Clear Cooperation Policy" kills competition and limits consumer choice. This policy requires agents to list homes on the MLS, and TAN says that’s not cool for sellers who want privacy or just want to test the market before going public.

TAN argues that NAR, through its MLS dominance, is playing dirty—stifling competition from private networks like TAN (which only lets in the top 10% of agents). The latest twist? TAN has dropped the San Francisco Association of Realtors from the lawsuit, leaving NAR to fend for itself. They’ve got 30 days to clap back.

Stay tuned.

🌟Quote of the Day:

"What you get by achieving your goals is not as important as what you become by achieving your goals." — Zig Ziglar

📊🤔 Agent Poll Results

On 10/4, we asked: What’s the hardest part of being a real estate agent?

The results are in!

Getting quality leads: 33%
Closing the deal: 0%
Keeping clients happy: 0%
Juggling it all without losing your mind!: 50%
Other: 17%

Top comment: “Budgeting for the up and down of the real estate market and demand. ”

Our response: Great point! Here are some budgeting tips!

🎉 Fun Fact of the Day: 

Survey Your Sphere: Create a short, fun survey for past clients about their homebuying experience. Make it light and easy to fill out. The insights are gold, plus you’re re-engaging your client base in the process.

📚 Book Recommendation:

“Outliers” by Malcolm Gladwell – Ever wonder what separates the top 1% from everyone else? Gladwell dives into the factors behind success and how you can stack the deck in your favor. It's a killer combo of storytelling and actionable insights.

Want to level up even more? Hit the Agent Bookshelf for top reads, Agent Articles for real estate gold, and Agent Resources for the tools to boost your biz—go get it!

That's a wrap for today! Keep the momentum going, stay curious, and remember—big wins start with small moves. Let's make things happen!

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