Why Lawsuits In Real Estate Can See An Increase in 2023 | The Real Word 262

Byron Lazine and Nicole White discuss the rise of lawsuits against real estate professionals, the top legal issues for real estate agents, a NAR ad on building relationships, and the rollout of NAR’s fifth “That’s Who We Are” campaign after their latest fee hike. Stop leaving money on the table. Sign up to join tomorrow’s BAM + Formations panel on “Top Strategies Before Your 2022 Filing”: https://mailchi.mp/nowbam/top-strategies-for-2022-filing Get access to the recording for BAM’s ChatGPT workshop with Chris Smith (Thursday, February 16th). Click here to save 30% with the BAM discount: https://conv.codes/bam Grab your FREE copy of BAM x The Conversion Club ebook, AI Tools for Real Estate Agents: https://brokeagentmedia.lpages.co/ai-for-real-estate-agents/ Subscribe to the BAM YouTube channel: https://tinyurl.com/aatxhaka Subscribe to BAM Newsletter: http://eepurl.com/hZU-Vn Connect with Byron: Website: https://byronlazine.com Instagram: https://www.instagram.com/byronlazine Twitter: https://www.twitter.com/ByronLazine TikTok: https://www.tiktok.com/@byronlazine 5AM Call Sign-up: https://www.5amcall.com Newsletter here: https://byronlazine.com/subscribe Connect with Nicole White: https://www.instagram.com/nicolewhite.ct/ This episode's sources: https://nowbam.com/lawsuits-against-real-estate-professionals-are-on-the-rise/ https://nowbam.com/the-top-5-legal-issues-every-real-estate-agent-needs-to-know/ https://www.nar.realtor/magazine/real-estate-news/sales-marketing/build-relationships-that-last-through-good-bad-markets https://www.inman.com/2023/02/24/nar-rolls-out-5th-thats-who-we-r-ad-campaign-after-fee-hike/ https://www.youtube.com/@realtors6724/videos Timestamps: 00:00–01:45 Intro 01:45 Racket #1: Lawsuits against real estate professionals (BAM) 03:41 Inspection waivers and poorly-trained agents 05:43 You need to be upfront and honest about market conditions 08:25 Follow-up emails with deadlines—and why NOT to use the word “assume” 11:14 Racket #2: Build relationships that last through good/bad markets” (Realtor Magazine) 13:41 What great agents are doing: Giving great, trustworthy, transparent advice 17:47 Racket #3: NAR’s 5th ad campaign (Inman) 20:21 Byron and Nicole react to three of the new NAR ads #realestatenews #realestateagent #realestatepodcast