Today on Real Estate Backstage, the Labor Department releases inflation data for the month of October, there are conflicting reports on how average commission rates have been affected by the new NAR rules that were recently implemented, NAR’s Executive Committee votes on funding the settlement payments, and the biggest dangers and opportunities facing the real estate industry.

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Donald Trump has been elected to be the next President of the United States. Today on Real Estate Backstage, we take a look at how a second Trump term would likely affect the residential real estate market.

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Today on Real Estate Backstage, a federal judge grants final approval to settlements with the 9 real estate brokerages involved in the Gibson case … the DOJ misses the deadline to file an objection to the NAR settlement in the Sitzer-Burnett case, although a handful of other parties have objected … Agents have started bringing lawsuits against NAR over mandatory membership requirements … CoStar Group doubles down on its investment on Homes.com … A stronger than expected economy may keep home prices and interest rates propped up … The FHFA loosens up its appraisal requirements … And a broker in Idaho is offering free listings and free guns to new clients.

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Today on Real Estate Backstage, we unpack the details of the proposed NAR settlement and how to navigate the post-settlement real estate market.

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There’s an old adage that the only thing constant is change, and that’s certainly been the case in the real estate industry for the last few years. From DOJ probes and class action antitrust lawsuits to volatile interest rates to persistent inventory shortages … Being in real estate isn’t always as easy or as glamorous as they make it look on TV.

But I believe that no matter what the market throws at us, there is still tremendous opportunity for those who are willing to work hard, hone their skills, and provide their clients with a great experience. And that’s why this podcast exists. At Real Estate Backstage, our mission is to help real estate professionals thrive. I’m Michael Smith. I’m the Founder and CEO of Bluefield, a 3-time Inc 5000 company headquartered in Greenville, SC that provides real estate brokerage, property management, and insurance services.

Each week we’ll take a behind-the-scenes look at what’s going on in real estate, and adjacent industries like mortgage and insurance. I’ll give you my opinions about what’s going on, and I’ll also include practical tips to help you grow your business.

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