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NAR's Clear Cooperation Policy Waiting Game
Splits and Caps Daily: Action for Agents
October 29, 2024
đ Market Move:
Policy Procrastination
In a classic "weâll get to it⊠eventually" move, a key NAR advisory board just sidestepped any decision on the Clear Cooperation Policy (CCP). Instead, they punted the whole thing to their Leadership Team, with no timeline in sight. Why the hold-up? Well, letâs just say theyâre navigating a minefield of feedback, legal issues, and DOJ investigations.
Meanwhile, the Council of Multiple Listing Services (CMLS) is doubling down on CCP, calling for tweaksânot a full repeal. Theyâre warning that ditching the policy could hit sellersâ wallets, make life harder for buyers, and cut agents off from valuable market insights. According to CMLS, CCP isn't an all-or-nothing deal but a tool worth fine-tuning.
đQuote of the Day:
"It always seems impossible until it's done." â Nelson Mandela
⥠Quick Win:
âFollow-Up Fridayâ: Block out 30 minutes every Friday to follow up with any lead thatâs gone cold. A quick âHey, just checking in!â text can be the nudge that brings them back to life.
đ Fun Fact of the Day:
Paris for Sale: In 1925, con artist Victor Lustig "sold" the Eiffel Tower not once but twice! Posing as a government official, he convinced buyers they were purchasing the iconic structure for scrap metal.
đ Book Recommendation:
"Dare to Lead" by BrenĂ© Brown â Leadership isnât about standing at the top, barking orders; itâs about showing up, being real, and putting yourself out thereâeven when it feels uncomfortable. In Dare to Lead, BrenĂ© Brown breaks down how to lead with guts and grit by embracing vulnerability, resilience, and courage. Whether youâre building a team or just looking to level up, this bookâs like a toolkit for anyone who wants to lead with heart and hit big goals.
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 bizâgo get it!
Thatâs a wrap for today! Stay relentless, stay focused, and rememberâevery deal brings you closer to the dream. Letâs keep pushing!
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