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Sizzling Expectations, Slow-Burn Reality
A Year After Sitzer/Burnett
Splits and Caps Daily: Action for Agents
November 4, 2024
📈 Market Move:
Big Talk, Small Shifts
A year after the Sitzer/Burnett verdict, agents are still adjusting. The big promise? Lower commissions, more consumer power. Reality? More lawsuits, rule tweaks, and a slow shift in how agents justify their fees.
While MLSs are scrambling to adapt and some sellers are negotiating harder, major commission drops haven’t hit yet. For agents, this means more focus on proving value in a market that’s still finding its footing.
The bottom line: change is coming, but it’s gradual. Keep showing clients your worth—this industry shake-up is far from over.
🌟Quote of the Day:
"Dreams don't work unless you do." – John C. Maxwell
📊🤔 Agent Poll Results
On 11/1, we asked: The Fall Housing Rally—Was it a Fluke or the Start of a Comeback?
The results are in!
Just a Blip—Rates are Too High for Long-Term Gains: 0%
Comeback Season—Buyers & Sellers are Eager: 25%
Time Will Tell—Depends on the Fed’s Next Move: 75%
Thanks to everyone who took part in the action!
🎉 Fun Fact of the Day:
Real Estate That Floats: In the Netherlands, people are building floating houses to adapt to rising sea levels. Future-proof real estate, anyone?
📚 Book Recommendation:
"The Go-Giver" by Bob Burg and John David Mann – Want the secret to success? Give more than you get. This book turns the usual sales advice upside down, showing how generosity and focusing on others can lead to huge growth. Packed with straightforward but powerful lessons, it’s all about how creating value for others can turbocharge your business. If you’re looking to build lasting client relationships, this one’s a no-brainer.
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!
Time to sign off! Keep grinding, stay focused, and remember—success favors those who keep moving forward. Let’s make waves!
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