How will the new Buyer's Broker Agreement requirement reshape the real estate landscape, and what unexpected challenges might agents face?
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In this special edition of the Real Estate Excellence Podcast, host Tracy Hayes dives deep into the upcoming changes in real estate practices with respected attorneys Rose Alberre and David Heekin of Landmark Title. The discussion centers around the Buyer's Broker Agreement, set to become mandatory on August 17th. The experts break down the intricacies of the new forms, potential pitfalls, and best practices for real estate professionals. From antitrust concerns to practical implementation advice, this episode offers invaluable insights for navigating the evolving real estate landscape.
[00:00:00 - 00:15:00] Decoding the Antitrust Dilemma
[00:15:00 - 00:30:00] Navigating the New Agreement Landscape
[00:30:00 - 00:45:00] The Open House Conundrum
[00:45:00 - 01:00:00] Contractual Clarity and Compensation
[01:00:00 - 01:10:00] Education and Adaptation in the New Era
Quotes:
"This settlement did not prohibit sellers from paying. It did not prohibit listing agents from paying. It did not say that we can't do this anymore. So we're still getting, I mean, it's, the result is the same, the path is different." - Rose Alberre
"If you add value, you will always have a seat at the table." - David Heakin
Connect with Landmark Title:
Website: www.landmarktitle.com
Facebook: https://www.facebook.com/landmarktitlejacksonville/
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