Mike Tezak | Breakdown of NAR Settlement | Listing & Buying Side Complications | Best Practices

Join us in this insightful episode as we dive into the recent NAR settlement and its implications on the real estate industry. Mike Tezak, the #1 agent in Porter County since 2015 by sales volume, shares his expertise and experiences.

In this episode, you'll learn about:

- Mike Tezak's Background: Learn about Mike Tezak’s journey and success in the real estate industry.
- Buyer Agency Agreements: Discover how the first state to implement buyer agency agreements before the NAR ruling in late September 2023 set a precedent.
- Upcoming Changes: Get informed on the potential changes in commissions and lawsuits over the next 8 months.
- Court Ruling Explained: Alex provides a detailed explanation of the court ruling for those unfamiliar.
- Agent Contract Clarity: Understand the importance of agents clearly explaining their contracts to clients.
- Listing & Buying Side Complications: Explore the challenges faced by both listing and buying agents.
- Competitor Issues: Identify additional issues posed by competitors.
- Best Practices: Learn how to organize and build on best practices for success.
- Agent Communication: Hear about the importance of effective communication, avoiding the pitfalls of complacency, and continually learning.
- Key Success Factors: Discover the three crucial elements for success: work ethic, mindset, and skills.
- Impact on First-Time Home Buyers: Understand how the ruling may negatively affect lower-income, first-time home buyers.
- Real-World Examples: Mike Tezak shares practical examples and insights.
- Team Structure: Learn about the 18 teams within the company and their roles.