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Property Management Mastermind Show

#180 The NAR Lawsuit and Property Management

Jun 03, 2024 by Brad Larsen

How does the NAR Lawsuit settlement affect you as a property manager? The recent NAR lawsuit has caused major changes in the real estate industry and property management needs to be prepared. Brad is here to guide you with his decades of experience in real estate and property management; he dives into the recent NAR lawsuit settlement and its impact on the property management industry.

With in-depth analysis, Brad highlights the antitrust violations and price fixing practices of real estate agents and explains the compulsory membership of NAR and their control over MLS data. You'll also learn about the changes and guidelines that will be implemented due to the settlement, including the requirement for signed buyer agreements prior to property showings.

Brad also predicts a decline in buyer's agency and urges property managers to stop offering co-broker commissions in leasing. This episode is packed with what you need to know post-lawsuit settlement.

Learn from one of the best run property management companies around by following this link and sign up for the RentWerx Summit! https://rwmastermind.com/ 

Connect with Brad's team at www.rentwerx.com!

This podcast is produced by Two Brothers Creative. @OmahaContentMarketing

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About The Host

The Host of this Podcast is Brad Larsen from San Antonio, Texas. Brad is the founder and owner of RentWerx, one of the fastest growing residential Property Management companies in Texas that currently manages over 700 single family homes.