Regulators on the Ropes

D.C. is making big moves in housing policy

Splits and Caps Daily: Action for Agents

March 3, 2025

📈 Market Move:

From Watchdog to Ghost Town

The Consumer Financial Protection Bureau (CFPB) might soon be running on fumes—if it exists at all. Leadership says it's just "streamlining," but employees paint a different picture, describing mass layoffs and a complete phase-out plan. Meanwhile, the National Association of Realtors (NAR) backs Jonathan McKernan as the new CFPB head, and the agency has dropped multiple lawsuits, including a $2B case against Capital One.

Elsewhere in D.C., HUD scrapped a fair housing rule designed to combat segregation, putting power back in local hands. And over at the FHFA, nominee Bill Pulte cautiously addressed the idea of privatizing Fannie and Freddie, saying any move must avoid shaking up mortgage rates.

Bottom line? The regulatory landscape for real estate is shifting fast, with fewer watchdogs and more market-driven moves on the horizon. Stay sharp.

🌟Quote of the Day:

"There are no limits to what you can accomplish, except the limits you place on your own thinking." — Brian Tracy

📊🤔 Agent Poll Results

On 2/28, we asked: If private listings take over, what’s your move?

The results are in!

  • Stick with the MLS and hope for the best: 60%

  • Join a big brokerage to get access: 0%

  • Build my own private listing network: 20%

  • Cry in my car between showings: 20%

Okay, we see you! A mixed bag. You do you!

🎉 Fun Fact of the Day: 

Green-scraper: The Empire State Building just went green! After a $550 million retrofit, it’s now one of the most energy-efficient buildings in the world. Old-school charm, now with an eco-conscious twist!

📚 Book Recommendation:

"The Science of Selling" by David Hoffeld—Most sales books give you the same tired advice—work harder, be more confident, close more deals. Great. Super helpful. But The Science of Selling is different. David Hoffeld ditches the motivational fluff and dives into actual science—neuroscience, behavioral economics, and psychology—to break down how people make decisions and what actually gets them to say "yes."

Instead of guessing what works, Hoffeld hands you a research-backed playbook. He explains how to structure conversations so they naturally lead to a sale, how the brain processes decisions, and why social proof is one of the sneakiest yet most effective persuasion tools. This isn’t about selling harder—it’s about selling smarter. If you’re in real estate (or any sales business) and tired of generic advice, this book will completely change the way you approach closing deals.

What you tolerate today determines where you’ll be a year from now—set the bar high.

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