Byron Lazine and Tom Toole discuss the Keller Williams settlement, what that means for the National Association of Realtors, the Ryan Serhant interview, what it means to work for the deal, this weekโs FOMC meeting, a script from Tom Toole, the all-time high for luxury home prices, and a Grant Cardone prediction.
Grab your seat for the first BAM virtual event of 2024 โ BAM Pro Bowl โ on February 7th!
https://brokeagentmedia.lpages.co/bam-pro-bowl-2024/
Also, don't miss BAM's interview with Ryan Serhant! Watch it here: BAM interview of Ryan Serhant: https://www.youtube.com/watch?v=tUgLbfch-j4
Get Tom Toole's 2024 Market Script:
https://mailchi.mp/nowbam/tom-toole-2024-market-script
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Use discount code KNOWLEDGEBROKERS for 10% off your annual subscription.
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Resources:
https://www.redfin.com/news/luxury-housing-market-q4-2023/
https://www.resiclubanalytics.com/p/whats-happening-housing-inventory-right-now-told-3-charts
https://nowbam.com/keller-williams-becomes-the-third-to-settle-in-sitzer-burnett-agrees-to-pay-70-million/
Timestamps:
00:00โ00:44 Intro
00:44 Keller Williams settlement for Sitzer/Burnett, et al
04:43 Thatโs going to leave NAR on an island by themselvesโฆ
11:40 The likelihood of NAR revitalizing itself at this pointโฆ
16:52 The BAMโRyan Serhant interview
17:44 Serhant on smaller brokerages
18:30 Biggest takeaway from the lawsuits: Donโt watch for NAR to save your ass
20:47 Script for talking to consumers about the lawsuits
29:21 When you work for the deal you have to know all aspects of the dealโฆ
40:23 Fed didnโt raise rates
43:14 Tom Toole script
44:06 Resiclub (chart: โActive U.S. housing inventoryโ)
45:06 Luxury listings: Redfin report from todayโs Hot Sheet (Redfin charts)
50:17 Grant Cardone prediction
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Connect with Byron Lazine:
https://www.instagram.com/byronlazine
Connect with Tom Toole:
https://www.instagram.com/tomtoole3rd/
Connect with Lisa Chinatti:
https://www.instagram.com/lisachinatti/
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BAM delivers real estate news, education, and entertainment with nonstop original content from an unmatchable line-up of industry personalities and top producers.
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