In this episode, Nick McLean and Suneet Agarwal interview seasoned real estate expert Steve Hawks. With a track record of selling over 5000 homes and extensive media appearances, Steve delves into the recent NAR lawsuit's far-reaching effects on the industry, emphasizing the escalating damages and advising swift settlements to avoid DOJ involvement. The trio explores the intricate connections between NAR, its lobbying in D.C., and the controversial "Dues" structure. Steve offers insights for new agents navigating the lawsuit's uncertainty, emphasizing the importance of prospecting and adapting to market changes. The discussion also touches on Steve's observations on the Chinese housing market, revealing insights into ghost cities, underground bank investments, and international property purchases impacting the U.S. housing market.
VIDEO CONTENTS:
00:00 Introduction
02:10 Steve’s Take on the NAR Lawsuit
09:30 The Implications of the DOJ’s Involvement
13:59 NAR Lobbying in D.C. & Membership Dues
24:47 Steve’s Advice for the Scared Agent
34:50 Why Steve Thinks You Should Know About the Chinese Market?