Ketchmark Issues Warning To Industry Amidst NAR’s Comments on Steering | The Real Word 322

Byron Lazine and Nicole White discuss NAR's statement that their proposed settlement eliminates steering, as well as remarks by plaintiffs' attorney Michael Ketchmark, and a related article by Notorious R.O.B.

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Connect with Byron Lazine:   / byronlazine  
Connect with Nicole White:   / nicolewhite.ct  

This episode's sources:
https://www.inman.com/2024/06/06/nar-...
https://notoriousrob.substack.com/p/v...
https://notoriousrob.substack.com/p/m...[…]eemail=true&r=3ed8is&triedRedirect=true&utm_medium=email
https://www.nar.realtor/the-facts/nar...

Timestamps:

00:00–02:17 Intro
02:17 Topic 1: NAR Says proposed settlement eliminates steering
04:13 #46: What’s NAR’s policy on steering buyers based on the amount of buyer agent comp?
04:59 #47: Does NAR settlement address the theoretical possibility of steering?
06:53 Potential for loopholes
08:10 #48: Can a broker tell a potential buyer…?
10:57 Topic 2: Ketchmark’s response about “steering”
12:29 Notorious ROB article: “Maybe I was wrong…” (attorney response to a previous article)
14:42 The NAR settlement does not explicitly allow offers of compensation…
15:21 What everyone needs to understand, according to Notorious R.O.B.’s article
17:36 “Here’s my take… ” (Byron)
19:32 “He’s already threatening additional lawsuits.”
21:39 “This language that Ketchmark is using fits into the current climate…”

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