How NAR’s Clear Cooperation Discussion Will Impact Realtors | The Real Word 334

Byron Lazine and Nicole White discuss NAR’s Clear Cooperation policy, the impact of the policy on agents and consumers, comments from eXp CEO Leo Pareja, and a Redfin report on commissions.

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Connect with Byron Lazine:

https://www.instagram.com/byronlazine

Connect with Nicole White:

https://www.instagram.com/nicolewhite.ct/

This episode's sources:

https://www.inman.com/2024/09/10/clear-cooperation-takes-center-stage-faces-pressure-to-change/

https://www.redfin.com/news/redfin-agents-report-nar-rules-negotiation/

Timestamps:

00:00–01:15 Intro

01:15 TOPIC 1: Clear Cooperation takes center stage

02:55 The DOJ is against Clear Cooperation

03:38 Clear Cooperation policy = pocket listing ban

05:18 Byron asks Nicole, “Should this be changed?...”

07:11 “Here’s where there’s some contradiction happening in the industry…”

08:28 “These are contradicting statements… Am I misrepresenting what he’s saying?”

10:10 Brian Boero on Clear Cooperation

14:55 What’s best for consumers?

16:25 Clear Cooperation gives the MLS more power…

21:28 TOPIC 2: New NAR rules are putting pressure on commissions

23:42 “Most sellers have been willing to cover the buyer agent fees…"

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#nationalassociationofrealtors #pocketlisting #redfin