The 2024 Business Plan All Agents Need | Knowledge Brokers Podcast 040

Byron Lazine and Tom Toole discuss the terms of the Anywhere settlement, NAR’s reversal on zero-percent buyer commissions, a BAM webinar on business planning, how to talk to buyers and sellers about mortgage rates, what to tell renters if buying right now is not in their best interest, and a script to start using right now with homeowners. Become a member of BAMx: https://bamx.uscreen.io/pages/subscribe Use discount code KNOWLEDGEBROKERS for 10% off your annual subscription. kvCORE and BoomTown are delivering the innovative solutions, and the support you need to power your business and scale your success: https://boomtownroi.com/knowledgebrokers Subscribe to Knowledge Brokers Podcast today: https://www.youtube.com/@knowledgebrokerspodcast?sub_confirmation=1 Join the 5AM Call: https://5amcall.com/ Timestamps: 00:00–01:14 Intro 01:14 Anywhere settlement terms 03:28 Anywhere will no longer require its brokerages/agents to be NAR members 09:57 NAR’s reversal: now allowing zero-percent buyer agent commission on listings 11:15 There’s an opportunity for a new RE association to emerge 15:08 BAM is hosting a Business Planning webinar on October 11th at 3 pm ET 17:31 Agents need to spend less time ranting and more time taking action 25:34 What’s going on with the 10-year? How are you explaining rates to buyers/sellers? 33:57 Script: “If you sold your house, could you buy the next one with cash?” 37:21 Business planning should include skill-building on what to say 40:27 Encourage renters to get an expiration on their lease for this time next year. ——— 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/ ——— BAM delivers real estate news, education, and entertainment with nonstop original content from an unmatchable line-up of industry personalities and top producers. Subscribe to BAM YouTube: https://tinyurl.com/aatxhaka. Subscribe to BAM Newsletter: https://mailchi.mp/nowbam/the-best-newsletter-in-real-estate Check out BAM: https://nowbam.com/ ——— BAM PARTNERS 𝐕𝐮𝐥𝐜𝐚𝐧𝟕: The most accurate, powerful, and effective real estate seller lead generation resource to build your business. GET STARTED TODAY → https://www.vulcan7.com/bam/ 𝐕𝐢𝐫𝐭𝐮𝐝𝐞𝐬𝐤: Hire a Virtual Assistant Today! Use code BAM200 for $250 OFF the signup fee → https://myvirtudesk.com/contact?promocode=BAM200 ———