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October 9, 2024 31 mins

In this episode of Elite Zone, host Max sits down with Lynn Reiner, a top real estate agent from North San Diego County, to unpack the changes brought by the recent National Association of Realtors (NAR) settlement. Lynn, with over 16 years of experience in the industry, breaks down what the lawsuit means for agents, buyers, and sellers alike, offering actionable tips to navigate this new landscape.

Lynn discusses the shift in how commission is negotiated and what it means for buyers who now have to sign representation agreements before even viewing homes. They delve into how to manage buyer-seller negotiations under the new rules, emphasizing the importance of working with an agent who truly understands the updated regulations.

Max and Lynn also dive into the realities of running a real estate business, the misconceptions around agent earnings, and how the new rules will impact part-time agents. They cap things off with Lynn’s perspective on staying positive and adaptive in the ever-changing world of real estate, even in the face of challenging industry shifts.

Whether you're a seasoned agent or just getting started, this episode is packed with insights to help you stay ahead of the game. Plus, Lynn shares some candid advice on the future of the real estate profession and why real estate education for newer agents is more important than ever.

Tune in for a fun, engaging conversation that promises to keep it real—while keeping it positive!

Guest: Lynn Reiner, Real Estate Agent Host: Max Episode Highlights:

  • The NAR settlement and what it means for real estate commissions
  • How agents should prepare and adapt to the new regulations
  • Navigating buyer-seller negotiations in today's market
  • Why real estate isn't a "get rich quick" career and the truth about agent earnings
  • Lynn’s advice for newer agents and why mentorship matters

Links: Website: LoveYourHomeSD.com Email: lynn@loveyourhomesd.com Instagram: @LynnReinerRealty Phone: 714-329-7089

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