Settling Season

The commissions case fund just hit $1B. More settlements are on the way.

November 06, 2024

Splits and Caps Daily: Action for Agents

November 6, 2024

📈 Market Move:

Court Cash Grab

Four more brokerages have put in $5 million in settlements related to the big commissions case. These settlements push the total fund past the billion-dollar mark. With all four firms spanning regional and national markets, this latest batch is just one part of a bigger picture—12 settlements have now passed, totaling over $318 million.

Bigger players, including some major associations and franchise groups, are set to reach their own decisions soon, with another hearing later this month. The action’s far from over, and additional settlements could still be added. Keep an eye out: the landscape of brokerage liability may be shifting rapidly.

🌟Quote of the Day:

"What lies behind us and what lies before us are tiny matters compared to what lies within us." — Ralph Waldo Emerson

âš¡ Quick Win:

Update Your "About" Section: Block out 10 minutes today to jazz up your "About" section on social media or your website. Toss in a recent win, update your stats, or share something quirky about you. A little polish goes a long way in attracting new clients!

🎉 Fun Fact of the Day: 

A Bridge with a Side Hustle: The Brooklyn Bridge once had a secret compartment under it, used to store wine during Prohibition. Talk about a multi-purpose real estate investment!

📚 Book Recommendation:

"Be Obsessed or Be Average" by Grant Cardone – Cardone doesn’t pull punches. This book’s exactly what it says on the cover: either you go all in, or you blend in. It’s a straight-up call to action for anyone serious about dominating their industry. Cardone’s message is simple—if you’re not obsessed with scaling your business, you’re signing up for mediocrity. It’s high-energy, no-excuses, and basically the kick in the pants you didn’t know you needed.

Want to level up even more? Hit the Agent Bookshelf for top reads, Agent Articles for real estate gold, and Agent Resources for the tools to boost your biz—go get it!

Closing out for today! Keep the hustle strong, stay nimble, and remember—small moves lead to big wins. Let’s go make some noise!

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