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Episode 395 - The Return of Joe Rand - CEO Joe Rand Media and Mayor of the Village of Nyack
Manage episode 433983579 series 2853853
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Joe Rand, an author and seasoned real estate expert, has significantly shaped modern practices in buyer agency with his profound insights and extensive experience. On The Real Estate Sessions podcast, where he has appeared over 20 times, Joe discusses the evolution of buyer agency, noting the industry's initial seller-centric focus and the major shifts in compensation dynamics that began in the late eighties. He emphasizes the critical importance of securing buyer agreements and adapting to the ever-changing landscape of real estate transactions. Rand advocates for agents to seek guidance from knowledgeable brokers rather than relying on random advice from social media, ensuring they are well-prepared to navigate the complexities of current buyer agency practices.
(00:03:38) Adapting Real Estate Agents in Changing Market
(00:05:46) Enhanced Communication and Representation in Real Estate
(00:09:03) Commission Evolution in Buyer Representation
(00:16:42) Compensation Protection for Buyer Agents in Real Estate
(00:23:01) Evolving Market Guidance for Real Estate Professionals
(00:26:23) Real Estate Adaptation Amidst Challenges
(00:28:31) Supporting Authors in Real Estate Literature
Links to Joe's books
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