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New Rules, Old Worries
Real Estate's New Normal: Love It or Leave It
Splits and Caps Daily: Action for Agents
September 30, 2024
📈 Market Move:
Post-Settlement Sentiment
Agents are slowly coming around to the new commission rules, but let's be real—most aren't exactly thrilled. A recent survey shows the number of agents opposed to the changes has dropped slightly, from 70% down to 64%, so there's some warming up. But here’s the kicker: 86% of agents still think these changes will lead to higher attrition in the industry, and only 16% feel optimistic about their career prospects.
The big picture? Agents are adapting, but there’s still a lot of skepticism in the air about what these new rules mean for both the industry and their own futures. Expect a slower adjustment period as more professionals figure out how to thrive in this new environment.
🌟Quote of the Day:
"You don’t have to be great to start, but you have to start to be great." – Zig Ziglar
📊🤔 Agent Poll Results
On 9/27, we asked: When it comes to seller concessions, what’s your play?
The results are in!
Option 1: 33%
Option 2: 50%
Option 3: 17%
Option 4: 0%
🎉 Fun Fact of the Day:
The Never-Ending Mortgage: In Denmark, you can get a mortgage that lasts for 100 years. It’s like passing your house payments down through generations, making homeownership more of a family heirloom than an investment.
📚 Book Recommendation:
"The Slight Edge" by Jeff Olson: This book breaks down a game-changing truth: success isn’t about one massive win. It’s about tiny, consistent actions that compound over time. Jeff Olson’s Slight Edge shows you how doing the small, everyday things—like that extra follow-up or daily learning—builds real momentum. In real estate, it’s those little habits that separate the top producers from the rest. You stack those small wins daily, and before you know it, you’re dominating.
Check out our Agent Bookshelf for previous recommendations and Agent Resources for other ways to improve your business!
"And that’s it for today! Keep your foot on the gas, stay relentless, and remember—success isn’t a sprint, it’s a marathon. Let’s go win the day!"
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