Podcast

E 69 | Adapting to Change: Preparing Your Team For The NAR Settlement

Written by Reside | Aug 7, 2024 2:00:00 PM

In this episode of the Reside Platform Podcast, host Suneet Agarwal talks with Nick McLean, fellow co-founder of Reside Platform, about the big changes coming to the real estate world because of the NAR settlement. Suneet and Nick share important tips on how team leaders can get ready for these changes and help their teams handle the new rules.

They start by explaining how the NAR settlement will affect team leaders and why it’s important to understand the new forms. Suneet and Nick advise that team leaders need to be the main source of information for their teams, showing strong leadership.

The pair talks about practicing conversations with agents to prepare them for real-life situations to feel more confident when answering client questions about the NAR forms. Furthermore, they dive deep into the importance of updating onboarding processes and having regular training sessions. 

Suneet and Nick suggest a few methods to keep your team motivated and following the rules, and the consequences of not following the new NAR rules. They reccomend tools to help keep track of agreements and stay organized, to ensure nothing gets missed and that your team is staying compliant.

Finally, Suneet and Nick highlight the importance of strong leadership and being professional. They share practical tips on how team leaders can stay prepared and handle any challenges that come up.

Don't miss this episode filled with useful advice to help your team stay ahead in the changing real estate world.

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VIDEO CONTENTS: 


00:00 Introduction
02:23 Be Informed & 100% Adoption
08:30 Leverage an Outside Source
12:40 The Changes YOU Need To Implement
21:40 Training Schedule & CRM Changes
30:03 Staying Compliant
36:10 Recap 
 
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Show Notes:

Learn More about Reside Platform at  www.resideplatform.com

Get Nick’s Book, Million Dollar Agent


Follow Nick McLean
Instagram: https://www.instagram.com/nickmcleanre/?hl=en 
Facebook: https://www.facebook.com/nickmcleanrealestate 

Follow Suneet Agarwal
Instagram:https://www.instagram.com/suneet_agarwal916/?hl=en 
Facebook:https://www.facebook.com/sagarwalsac