Chad Syverson

Don't rock the boat too hard. We can keep it together.

If I go out to dinner and the restaurant accidentally puts an extra thousand dollars on my bill, I'm incensed. But when it comes to selling a million dollars, it's a thousand here, a thousand there. I just want to finish this. What does it matter?

If I go out to dinner and the restaurant accidentally puts an extra thousand dollars on my bill, I'm incensed. But when it comes to selling a million dollars, it's a thousand here, a thousand there. I just want to finish this. What does it matter?

If I go out to dinner and the restaurant accidentally puts an extra thousand dollars on my bill, I'm incensed. But when it comes to selling a million dollars, it's a thousand here, a thousand there. I just want to finish this. What does it matter?

It's just the nature of the industry. All that happens when house prices go up is you get more agents. this structure now doesn't help the average agent. Maybe it helps the ones who do super duper well. It helps the brokerages because the more volume they get under their umbrella, the better they are. It helps the NAR because the more agents there are, the more dues and fees they collect.

It's just the nature of the industry. All that happens when house prices go up is you get more agents. this structure now doesn't help the average agent. Maybe it helps the ones who do super duper well. It helps the brokerages because the more volume they get under their umbrella, the better they are. It helps the NAR because the more agents there are, the more dues and fees they collect.

It's just the nature of the industry. All that happens when house prices go up is you get more agents. this structure now doesn't help the average agent. Maybe it helps the ones who do super duper well. It helps the brokerages because the more volume they get under their umbrella, the better they are. It helps the NAR because the more agents there are, the more dues and fees they collect.

But at the individual agent level, this structure isn't what's making what they think would be nice about the industry nice. You know, the flexibility, I can do this part-time, et cetera. You could do that in a world where you get paid by the hour too, right?

But at the individual agent level, this structure isn't what's making what they think would be nice about the industry nice. You know, the flexibility, I can do this part-time, et cetera. You could do that in a world where you get paid by the hour too, right?

But at the individual agent level, this structure isn't what's making what they think would be nice about the industry nice. You know, the flexibility, I can do this part-time, et cetera. You could do that in a world where you get paid by the hour too, right?

The current structure is completely allowable under the new settlement. It's just the way that that structure is agreed to has to be a little more explicit and there are more rules about how the communication of the commission rates are done. But if you follow those rules, you can still have, say, a 6% total commission split evenly between the buyer's agent and the seller's agent.

The current structure is completely allowable under the new settlement. It's just the way that that structure is agreed to has to be a little more explicit and there are more rules about how the communication of the commission rates are done. But if you follow those rules, you can still have, say, a 6% total commission split evenly between the buyer's agent and the seller's agent.

The current structure is completely allowable under the new settlement. It's just the way that that structure is agreed to has to be a little more explicit and there are more rules about how the communication of the commission rates are done. But if you follow those rules, you can still have, say, a 6% total commission split evenly between the buyer's agent and the seller's agent.

What might happen is the new rules give more leeway to agents who want to do things differently.

What might happen is the new rules give more leeway to agents who want to do things differently.

What might happen is the new rules give more leeway to agents who want to do things differently.

I think it makes a lot of sense just to start with an hourly fee. We hire a lot of professional services at an hourly rate. And the hourly rates are settable agent by agent. You want competition in this market, too. Certainly, you don't want any coordinated hourly rate. It doesn't solve all the problems. You're still going to have information gaps, and it'll create its own problem.

I think it makes a lot of sense just to start with an hourly fee. We hire a lot of professional services at an hourly rate. And the hourly rates are settable agent by agent. You want competition in this market, too. Certainly, you don't want any coordinated hourly rate. It doesn't solve all the problems. You're still going to have information gaps, and it'll create its own problem.

I think it makes a lot of sense just to start with an hourly fee. We hire a lot of professional services at an hourly rate. And the hourly rates are settable agent by agent. You want competition in this market, too. Certainly, you don't want any coordinated hourly rate. It doesn't solve all the problems. You're still going to have information gaps, and it'll create its own problem.

When you pay someone by the hour, you get a lot of hours that maybe you don't really need. So it's not a panacea.