Settlement Saga

Small Firms and Agents Push Back on NAR Agreement

Splits and Caps Daily: Action for Agents

December 27, 2024

📈 Market Move:

Brokerage Backlash

The fallout from the NAR settlement continues to snowball, with seven appeals now in play. The latest challengers are raising concerns about how the settlement impacts members, particularly smaller brokerages and agents with minimal market participation.

The key issues? Critics argue that the settlement unfairly shifts costs onto all NAR members—even those who didn’t significantly benefit from the market practices in question. They’re also questioning the competitive dynamics, suggesting the new rules tilt the playing field in favor of big brokerage firms at the expense of smaller players.

This ongoing turbulence signals potential shake-ups in how the real estate commission structure operates. If these appeals gain traction, expect more scrutiny on industry practices—and perhaps even more reform down the line.

🌟Quote of the Day:

"There is no substitute for hard work." — Thomas Edison

đŸ“ŠđŸ€” Agent Poll

How do you feel about commission changes potentially impacting smaller brokerages?

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🎉 Fun Fact of the Day: 

Free Land Giveaway: In the 1860s, the U.S. government offered settlers 160 acres of land for free under the Homestead Act. All you had to do was live on it and farm it for five years. Imagine that pitch today!

📚 Resource Recommendation:

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Whether you’re sizing up a flip, rental, or some dream “value-add” unicorn, DealCheck gives you the numbers that actually matter. Plus, it’s clean, intuitive, and even lets you compare multiple properties side by side—perfect for those indecisive clients who want to see all the options.

So, if you’re tired of pretending you enjoy number-crunching or just want to save yourself a ton of time, give DealCheck a shot. Trust me, it’s like the cheat code for smarter investing. Get 20% off when you use promo code: BESTDEAL.

That’s it for this week! Keep showing up, stay consistent, and remember—success is built one intentional step at a time. Let’s make today count!

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