Byron Lazine and Nicole White discuss current lawsuits involving the National Association of Realtors (NAR), as well as the recent appointment of Sherry Chris as special advisor to NAR CEO Nykia Wright...
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✅ Stay Connected With Us — 👉 Connect with Byron Lazine: https://www.instagram.com/byronlazine 👉 Connect with Nicole White: https://www.instagram.com/nicolewhite.ct/ _______
🔗 This episode's sources: NAR vs PAR: https://nowbam.com/nar-moves-to-revoke-pars-charter-amid-mls-choice-dispute/ New Lawsuit for NAR: https://www.housingwire.com/articles/nar-faces-new-lawsuit-over-membership-structure-in-louisiana/ Brief Exploration of a Possible NAR Lawsuit Against PAR (Rob Hahn): https://notoriousrob.substack.com/p/a-brief-exploration-of-a-possible Sherry Wright named Special Advisor to Nykia Wright: https://nowbam.com/nar-taps-sherry-chris-as-special-advisor-to-ceo-nykia-wright/ NAR membership decline: https://www.realestatenews.com/2025/01/03/nar-membership-dips-below-1-5m-will-losses-continue
⏰ T⏰ Timestamps:
00:00–02:33 Intro 02:33 NAR membership decline: biggest month-over-month dip in nearly a year 05:19 #1: Brokers flee from NAR (Virginia broker’s lawsuit) 07:08 Alan Thompson video (explaining his brokerage’s decision to leave NAR) 17:34 NAR awards 20:34 NAR “overstepping their bounds” (Ethics rule 10.5) 21:28 Virginia news clip (video): Bible verses & free speech 29:29 #2: NAR taps Sherry Chris as special advisor to CEO Nykia Wright 31:27 Message to Sherry Chris re: open dialogue & communication (“If you can fix that…”)

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Byron Lazine and Nicole White recap the year 2024, revisiting the top news surrounding the National Association of Realtors, including the latest NY Times article highlighting political contributions made by the Realtor nonprofit American Property Owners Alliance (APOA). They also take a closer look at recent allegations and industry gossip.
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🔔 Subscribe to the BAM YouTube channel: https://tinyurl.com/aatxhaka 📩 Subscribe to BAM Newsletter: https://mailchi.mp/nowbam/the-best-newsletter-in-real-estate
✅ Stay Connected With Us — 👉 Connect with Byron Lazine: https://www.instagram.com/byronlazine 👉 Connect with Nicole White: https://www.instagram.com/nicolewhite.ct/ _______
🔗 This episode's sources: NYT reporter says Realtors should know where their dues are going: https://www.realestatenews.com/2024/12/13/realtors-should-know-where-their-nar-dues-are-going-says-nyt-reporter https://nowbam.com/is-nars-nonprofit-putting-politics-over-housing-issues/ https://nowbam.com/nars-spending-exposed-six-figure-volunteer-perks/
⏰ Timestamps: 00:00-00:13 - Intro 01:01 - Pet Peeves 02:24 - NAR vs NY Times 04:30 - NY Times article on the American Properties Owners Alliance (APOA) 05:01 - NAR Drama Continues 09:00 - NAR's For-Profit Wing 09:51 - Most of the 30+ Realtors Kamin talked to were not aware of APOA’s existence 11:00 - NAR’s spending of membership dues 13:13 - Importance of NAR's Spending – and what both have done for consumers 16:01 - Industry gossip on former NAR president Kenny Parcell 18:18 - Does the NY Times have an axe to grind with the industry? 20:48 - Future Real Word guests—and your chance to weigh in (in the comments) 23:09 - End of the Year Sign Off
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Byron Lazine and Nicole White dive into Compass’s groundbreaking acquisition of Christie's, Ryan Serhant’s $45M funding for AI-powered tech innovation, and the latest updates on the real estate settlement appeals. They break down what these developments mean for the real estate industry and the future of agents and brokerages.
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Subscribe to the BAM YouTube channel: https://tinyurl.com/aatxhaka Subscribe to BAM Newsletter: https://mailchi.mp/nowbam/the-best-newsletter-in-real-estate
Connect with Byron Lazine: https://www.instagram.com/byronlazine Connect with Nicole White: https://www.instagram.com/nicolewhite.ct/
This episode's sources: https://nowbam.com/compass-to-acquire-christies-and-properties/ https://nowbam.com/serhant-technologies-lands-45m-to-scale-s-mple/
Timestamps coming soon!
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——— #CompassAcquisition #RyanSerhant #RealEstateNews

Byron Lazine and Nicole White discuss the latest NAR settlement intervention from the Department of Justice (DOJ), today’s settlement hearing, and what they mean for the real estate industry.

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_______

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Subscribe to the BAM YouTube channel: https://tinyurl.com/aatxhaka

Subscribe to BAM Newsletter: https://mailchi.mp/nowbam/the-best-newsletter-in-real-estate

Connect with Byron Lazine:

https://www.instagram.com/byronlazine

Connect with Nicole White:

https://www.instagram.com/nicolewhite.ct/

This episode's sources:

https://nowbam.com/new-doj-filing-raises-concerns-ahead-of-nar-settlement-hearing/

https://x.com/robhahn/status/1861104795177885791

https://notoriousrob.substack.com/p/a-look-at-the-dojs-statement-re-nar?utm_source=post-e[…]eemail=true&r=3ed8is&triedRedirect=true&utm_medium=email

https://www.realestatenews.com/2024/11/26/the-doj-has-spoken-are-buyer-agreements-at-risk

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———

#nationalassociationofrealtors #dojustice #narsettlement

Byron Lazine and Nicole White discuss a New York Times article exposing the culture of excess in the National Association of Realtors (NAR), starting with the inflated “volunteer” payments and lavish compensation packages for executive leadership positions.

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_______

𝐑𝐞𝐦𝐢𝐧𝐝𝐞𝐫𝐌𝐞𝐝𝐢𝐚: Tired of spending your hard earned money on marketing you know never makes it past the trash can or spam filter? Imagine getting texts and calls thanking you for your marketing. That’s what we do for you → https://remindermedia.com/bamsample/

Subscribe to the BAM YouTube channel: https://tinyurl.com/aatxhaka

Subscribe to BAM Newsletter: https://mailchi.mp/nowbam/the-best-newsletter-in-real-estate

Connect with Byron Lazine:

https://www.instagram.com/byronlazine

Connect with Nicole White:

https://www.instagram.com/nicolewhite.ct/

This episode's sources:

https://nowbam.com/how-much-is-nar-paying-its-executives-and-independent-contractors-a-breakdown-of-compensation-from-2011-2021

https://www.nytimes.com/2024/11/18/realestate/national-association-realtors-spending.html

https://nowbam.com/nars-spending-exposed-six-figure-volunteer-perks/

Timestamps coming soon!

———

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———

Byron Lazine and Nicole White discuss the National Association of Realtors’ NAR NXT event as well as major headlines stemming from it, NAR membership, a controversial article from Compass CEO Robert Reffkin, and NAR CEO Nykia Wright’s support for a 3-way agreement.

𝐁𝐞𝐜𝐨𝐦𝐞 𝐚 𝐦𝐞𝐦𝐛𝐞𝐫 𝐨𝐟 𝐁𝐀𝐌𝐱: https://bamx.uscreen.io/pages/subscribe Use discount code REALWORD for 10% off your annual subscription!

_______

𝐑𝐞𝐦𝐢𝐧𝐝𝐞𝐫𝐌𝐞𝐝𝐢𝐚: Tired of spending your hard earned money on marketing you know never makes it past the trash can or spam filter? Imagine getting texts and calls thanking you for your marketing. That’s what we do for you → https://remindermedia.com/bamsample/

Subscribe to the BAM YouTube channel: https://tinyurl.com/aatxhaka

Subscribe to BAM Newsletter: https://mailchi.mp/nowbam/the-best-newsletter-in-real-estate

Connect with Byron Lazine:

https://www.instagram.com/byronlazine

Connect with Nicole White:

https://www.instagram.com/nicolewhite.ct/

This episode's sources:

https://www.inman.com/2024/11/11/compass-ceo-robert-reffkin-zillow-will-be-the-national-mls

https://www.realestatenews.com/2024/11/11/nar-seeking-outside-help-to-get-ahead-of-antitrust-issues

https://www.inman.com/2024/11/07/after-nar-deal-mlss-will-have-to-reinvent-themselves-or-else/

https://www.nar.realtor/magazine/real-estate-news/nar-board-approves-budget-culture-transformation-plan-passes

https://www.nar.realtor/magazine/real-estate-news/strength-in-numbers

https://www.inman.com/2024/11/11/nar-ceo-signals-support-for-3-way-agreement-amid-realtor-pushback/

https://www.nar.realtor/magazine/real-estate-news/executive-committee-board-of-directors-approve-plan-to-enhance-nar-culture

———

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𝐙𝐢𝐥𝐥𝐨𝐰 𝐒𝐡𝐨𝐰𝐜𝐚𝐬𝐞: Say hello to Zillow Showcase. Highlight your best to sellers and outshine competitors with its design to not exceed 10% of listings in your market. https://bit.ly/4dpdxtA

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𝐏𝐫𝐨𝐩𝐒𝐭𝐫𝐞𝐚𝐦: The most trusted provider of comprehensive real estate data nationwide. Try it FREE → https://trial.propstreampro.com/bam/

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#nationalassociationofrealtors #compass #mls

Byron Lazine and Nicole White discuss the 2024 election, a BAM article on how real estate agents are voting this year (sharing the results of polls by The Broke Agent), and Michael Jordan’s response to rumors about a (fake) presidential endorsement.

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Subscribe to the BAM YouTube channel: https://tinyurl.com/aatxhaka

Subscribe to BAM Newsletter: https://mailchi.mp/nowbam/the-best-newsletter-in-real-estate

Connect with Byron Lazine:

https://www.instagram.com/byronlazine

Connect with Nicole White:

https://www.instagram.com/nicolewhite.ct/

This episode's sources:

https://nowbam.com/how-real-estate-agents-are-voting-in-this-years-election/

https://www.inman.com/2024/11/05/social-issues-not-industry-chaos-will-guide-agents-at-the-ballot-box/

https://www.opensecrets.org/orgs/national-assn-of-realtors/recipients?id=d000000062

https://www.iheart.com/content/2024-11-05-michael-jordan-addresses-fake-presidential-endorsement/

https://www.redfin.com/news/will-mortgage-rates-fall-under-trump-harris-survey/

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