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The Note Closers Show Podcast

What Does the NAR Lawsuit Mean For Realtors with John Marion

Apr 1, 2024
54:31

If you're feeling overwhelmed by the evolving real estate landscape and unsure about how to navigate the changes, then you are not alone! Imagine the frustration of trying to understand new commission structures and feeling left in the dark about the impact of NAR lawsuits. It's time to gain clarity and take control of your real estate journey. Let's explore how to thrive in this changing environment together.


In this episode, you will be able to:

  • Discover the evolving real estate commission structures and how to navigate NAR lawsuit changes.
  • Uncover the strategies for successful real estate marketing in changing markets.
  • Explore the benefits of taking on dual roles as a realtor and investor in the real estate industry.
  • Learn the impact of NAR lawsuits on real estate and gain insights for adapting to the changes.
  • Master the art of negotiating realtor commissions in buyer agreements for better outcomes.


My special guest is John Marion. John IS an experienced realtor and investor based in Atlanta, has weathered the ups and downs of the real estate market for over a decade. His journey began during the market crash of 2007-2008, where he transitioned from the nonprofit sector to real estate investing. With a strong foothold in fix-and-flips, distressed properties, and representing investors as a licensed realtor, John offers a wealth of knowledge on the industry's nuances. His dual role as an investor and realtor provides a unique vantage point for understanding the evolving landscape of real estate commissions, making him a valuable asset in navigating the impact of NAR lawsuits. John's insights bring a seasoned perspective to the discussion, shedding light on the changing dynamics of real estate.


Connect with John at Alpha Dog Capital.


Watch the original video HERE!


Book a call with Scott HERE!


The key moments in this episode are:

00:00:02 - Introduction and Lawsuit Overview


00:01:00 - John's Real Estate Journey


00:07:27 - Lawsuit Details


00:10:58 - Impact on Buyers' Agents


00:12:24 - Realtors' Response


00:12:51 - Real Estate Commission Changes


00:13:45 - Impact on Buyers


00:17:07 - Labor Intensity in Real Estate


00:21:12 - Open Houses and Lead Generation


00:24:56 - Disadvantages of Unrepresented Parties


00:25:47 - Misconceptions about realtors and investors


00:26:25 - The value of realtors in real estate transactions


00:27:40 - Importance of investor-friendly realtors


00:29:29 - The impact of market shifts on buyer representation


00:31:12 - The role of MLS and realtor dues


00:38:52 - The Impact of Property Condition


00:39:28 - The Role of Realtors


00:41:59 - Squatter Legislation


00:45:23 - Future of Real Estate Services


00:48:54 - Human Connection in Real Estate


00:51:18 - Connecting with John Marion


00:51:31 - Conclusion and Thank You 


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