Impact Of The NAR Lawsuit Settlement On Wholesaling Real Estate: What To Know And How To WIN

03/26/24 • 27 min

#007: In this episode of The Whole(sale) Truth Podcast, we're diving into the recent $418,000,000 settlement involving the National Association of Realtors and what it means for our wholesaling businesses.

So, you might be wondering, "How does this massive lawsuit affect my wholesaling business?" Well, we'll break it down and see what opportunities or challenges it brings to the table.

First off, the lawsuit involves some serious money and major players in the real estate industry. We'll dissect the impact on distressed sellers, investors, and even the relationships between listing agents and wholesalers. There's a shift happening, and we want to make sure we're ahead of the curve.

The landscape for buyer's agents and sellers is changing with the new rules coming into play. That's where we, as wholesalers, can step in and make some strategic moves. It's not about playing by the old rules; it's about spotting new opportunities and positioning ourselves as a valuable solution in the market.

And hey, I know you might be concerned about the possible losers in this whole scenario so stay tuned to find out who really this really negatively impacts and who else might benefit from this settlement.

So, grab a seat and buckle up as we unpack the implications of this ruling and explore how we can make the most of the evolving real estate landscape. Remember, in the world of wholesaling, change presents opportunities, and I'm here to guide you through making the most of it.

Stay tuned for the whole(sale) truth!
00:00:00

Intro

00:03:53

The NAR Lawsuit- What Happened

00:07:20

The NEW Rules For Agents

00:11:13

How Does This Impact Distressed Sellers

00:16:15

The Effect On Investors/ Cash Buyers

00:20:13

Listing Agents- Your New Found Friends

00:24:18

The Real Winners & Losers

00:26:38

Recap

00:27:08

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So, you might be wondering, "How does this massive lawsuit affect my wholesaling business?" Well, we'll break it down and see what opportunities or challenges it brings to the table.

Stay tuned for the whole(sale) truth!
00:00:00

Intro

00:03:53

The NAR Lawsuit- What Happened

00:07:20

The NEW Rules For Agents

00:11:13

How Does This Impact Distressed Sellers

00:16:15

The Effect On Investors/ Cash Buyers

00:20:13

Listing Agents- Your New Found Friends

00:24:18

The Real Winners & Losers

00:26:38

Recap

00:27:08

Previous Episode

The Clay Principle: Wholesale Business Empowerment Through Personal Change

#006 In this episode, Watson Saintsulne and his executive admin, Katrina delve into the concept of personal change and empowerment, drawing inspiration from biblical verses and personal experiences. Watson emphasizes the idea of being like clay, moldable and adaptable, and how embracing personal change can have a profound impact on your wholesale business. Through personal anecdotes and insightful reflections, this episode aims to inspire listeners to challenge their beliefs, habits, and mindset in order to achieve personal and professional growth. So, join us as we explore the transformative power of personal change on business empowerment in today's enlightening episode.

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Wholesalers Morning Routine BREAKDOWN! Morning Mastery For Business Success

#008 In today's episode, Watson & his admin, Katrina discuss his newly adjusted morning routine and the powerful impact it's had on his mindset and productivity. From where he strategically places his alarm clock to how he incorporates positive affirmations from the book "Think & Grow Rich" & "Secrets Of A Millionaire Mind to start his day. Watson shares his unique and deliberate approach to setting a positive tone for the day by structuring his early hours for success.
He also talks about his approach on how he manipulates his mind for positive thinking, shares his hack for accessing audiobooks at no cost, and discusses handling worry as an entrepreneur.
This episode offers valuable insights and practical practices that you can implement right away to create a purpose-driven morning routine. A day well begun is a day half done so join us as we explore the power of intentional morning rituals and the impact they can have on our lives and in our wholesaler real estate businesses.
Below is the link to one of the best books on creating a great morning routine.
Miracle Morning Millionaires by Hal Elrod, David Osborn, Honoree Corder
https://a.co/d/4ZnlDMe
00:00:00

Intro