Realtors Want Receipts

The broker-led trust restoration project gains momentum

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Splits and Caps Daily: Action for Agents

October 28, 2025

📈 Market Move:

Bureaucracy Battle

Yesterday, we talked about brokers stepping up to demand real accountability from NAR. Well… they’re not done talking.

That same coalition — the Pro-Agent Restore Trust in NAR Working Group — just doubled down, spelling out six areas where NAR needs to stop spinning and start fixing. Together, these 15 brokerage execs represent around 100,000 agents, and they’re treating this like a corporate intervention.

Here’s the hit list:

  1. Clear Cooperation Policy: Brokers say it’s a lawsuit magnet and want real collaboration (with lawyers, not just PR statements) to fix it.

  2. Three-Way Agreement: The rule forcing agents to join local, state, and national associations might be an antitrust nightmare.

  3. Transparency & Finances: NAR’s missing financials and vague restructuring plan have members wondering who’s really steering the ship.

  4. Governance: No independent oversight = fox guarding the henhouse. The group wants real board accountability.

  5. Balance Sheet Bloat: Even after losing nearly half its net assets, NAR’s $363M cushion looks “excessive.” Brokers want dues lowered or refunds issued.

  6. Second Century Ventures: NAR’s VC arm feels murky — brokers want to know who’s getting rich and whether members benefit at all.

The message is clear: agents are tired of “lip service.” If NAR wants to restore trust, it needs fewer press releases and more receipts.

👉 The takeaway: The people who fund the system are finally demanding to run it.

🌟Quote of the Day:

“A ship is safe in harbor, but that’s not what ships are for.” — John A. Shedd

Quick Win:

The “One Big Thing” Morning Rule: Before you open email or social media, finish one meaningful task. You’ll feel ahead of the day instead of behind it.

🎉 Fun Fact of the Day: 

View Value: 🪟 Windows can literally make or break your home’s value — homes with floor-to-ceiling glass often sell for 5–10% higher in urban markets.

📚 Book Recommendation:

“The Power of Full Engagement” by Jim Loehr & Tony Schwartz — Most people think success comes from managing their time. Wrong. Time is fixed — energy isn’t.

This book flips that mental switch. Loehr and Schwartz (a performance psychologist and a peak-performance coach) studied everyone from world-class athletes to executives running billion-dollar companies. Their big takeaway: it’s not about working more, it’s about working charged.

They break your energy into four currencies — physical, emotional, mental, and spiritual — and show how to invest, recover, and grow each one. The result? You stop burning out like a cheap candle and start performing like a pro athlete in your own life.

Why agents should care: You don’t need another productivity hack. You need better recovery habits. Because no lead gen plan or marketing system works if you’re running on fumes.

Read this if you’ve ever said, “I just need more hours in the day.” You don’t. You need more energy in your hours.

Every rep, every choice, every day — it all adds up.

What did you think of today’s edition?
Hit ‘reply’ to this email and let us know!

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