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Ep 37: Changes in Real Estate Commission: What Buyers, Sellers, and Agents Need to Know?
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Are you planning to buy or sell a house? Or, are you an agent working with clients? With national changes to real estate commissions, you don’t want to miss this episode! Cheryl McDonald and Kathy Brothers discuss changes in the rules and how it impacts buyers, sellers, and agents. They explore strategies for agents to demonstrate their value to clients, the importance of buyer-broker agreements, and adapting to industry changes with a positive mindset.
Four Action Items From This Episode (i.e., podcast time stamps)
11:27 Read and become thoroughly familiar with the updated buyer-broker agreement forms and contracts to ensure a smooth transition and compliance with the new rules.
7:19 Develop a clear strategy for demonstrating value to potential buyers, emphasizing the expertise, guidance, and exceptional experience provided throughout the entire transaction process.
20:00 Approach industry changes with a positive mindset, embracing them as opportunities for growth and improvement in serving clients and colleagues.
22:09 Foster a mindset of adaptability and resilience, viewing obstacles and unexpected situations as chances to transform and find solutions that work in one's favor.
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