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Never saw anybody lie so quickly on a video. Taxes have nothing to do with why the title company issues the check to the brokerage instead of the agent. Bleeding off with such a stupid idiotic statement, disqualifies this guy from having any reliable information whatsoever.

very informative video

very nice

The steering text message is CRAZY. No wonder a lawsuit happened 👀🫣

All the fussin' at ya. I love it. Very helpful info. 👍

Hi, Can you chat for a moment about your youtube channel? I have seen your RUclips channel and there are some issues that are preventing you from getting views and subscribers

Thanks for all the useful information. I didn't get to hear it live, but I do listen to them all as soon as I can. Sometime I go back and take another look at the charts, because you know I love statistics. Keeping it simple should make it easy to process these transactions, but with so many agents, I'm sure some people will still get confused.

Appreciate it Phillip!

Now if all agents, would learn and use this section correctly!

Morning BM folks!

Can't wait to hear from Phillip!

Thanks for your time and information!

Great Presentation. Somehow I lost the thread at 49:25. What doc are you referring to please? Thanks again.

Will there be an amendment to the buyer rep agreement? I can totally see future cases where agents will want to amend after the fact. (Extension, compensation, etc)

Good Morning Everyone!

Good Morning

Thank you so much!! 🙏

is there a specific address to Union Street media we can add to our address book?

Love you

Thank You Phillip, Great Video!!

Thank you Phillip for always being one step ahead!

Thank you So Much for a great morning of updates, looking forward to other "Ask Anything" days and more!

This is so innovative & impactful. Thank you for sharing!

Excellent event!!

Great information Phillip. Confusion abounds when the narative is being interpreted with motives controlled by MONEY. I always discuss with agents that I am working with about compensation before writing the offer. If I'm the listing agent I make sure they know what we are offering. Even if it is 5% I always offer 3% to the buyers side and take 2% on my listings. I value a good offer, and respect a good agent on the other side of every transaction. Hail to the Chief!!

This was a great video, Thank you Phillip!!

Just came across your video - you make some excellent points. I believe you are glossing over major themes. 1. The public at large was uneducated on the real estate process as a whole (this is just how its done) - now disclosure of compensation is negotiable & not a requirement. 2. Economics/competition will put pressure on sell side commissions (mandatory in place sell side agreements will allow property owners to opt out buy side compensation) this is the whole basis of the lawsuit making it illogical to assume prior buy side compensation will go back. 3. It will be much harder to conduct business from the buy side with buyer compensation field being eliminated from MLS. (a purging of brokers can be expected) & that side has never paid a commission & will resist. 4. Getting buyside clients to sign the required agreement that has to explicitly outline compensation - no open-ended wording is allowed (your pre-show agreement will not be compliant) is going to be extremely challenging to brokers, especially new ones. 5. Buyers will seek homes from listing agents/agencies direct - paying (2) fees for (1) transaction will be a thing of the past in time. 6. Listing agents will be unwilling/can't compensate the buy side because it commission compression as you articulated.

❤️ Thank you so much.

Thanks for recording!!

ps. I love that typewriter in the background

I absolutely love your meetings.

my mouth was filled with coffee when you said Zig Ziglar is a creature. lol

Have Ii all of these books in audible format if anyone wants me to share it.

Is your business planning class on youtube?

Then why do I gotta pay taxes if the broker already did????

The videos are awesome. But due to lack of proper SEO in the videos, the videos are not reaching the target audience. Videos need SEO to grow your channel for live time

I just got my license in the state of CT and I have not chosen a brokerage yet. I went to interview with one brokerage and they were offering a 50/50 commission split and said they offered 7% commission. They claimed they get you leads and have a very good training program. Is this a good deal for a new agent? And it is a smaller brokerage with only two local offices and roughly 50 agents between the two offices. I am going to meet with several more brokerages in the coming weeks. In researching on the internet, I started seeing better commission splits like 60/40 and 70/30 and even 80/20 or 100% commission but I am guessing those do not get you leads and/or have very good training programs. It is all very confusing for someone just starting out.

Can you please post the inman link that Phillip mentions in this video?

Great Message!

Great insights!👏

Love this!!

Solid!

Great reminders! Thanks

Perfect Points!!!

Thanks Phillip!!

Good stuff!

Excellent info.

I hope everyone can spare 5 minutes to watch this keep themselves out of trouble.

Thank you Scott. This is great.