NWMLS & Compass Settle Lawsuit With “First Look” Status & Mortgage Rates Spike Above 7%

In this episode, Byron Lazine, Tom Toole and Lisa Chinatti discuss the latest CPI report, the Fed’s next move as the 10 year Treasury approaches 5%, and what to say to clients who want to wait. They also unpack the NWMLS private listing controversy and what the growing battle over private networks could mean for buyers, sellers and the real estate industry.

⏰ Timestamps:
00:00 – 02:09 Intro
03:56 Fed Hike Odds Just Flipped to 81% Overnight
04:46 Why Mortgage Rate Searches Can Mislead Buyers
06:28 Why Googling Mortgage Rates Right Now Will Mislead Your Buyers
09:05 The 10-Year Treasury Just Hit a Level Not Seen Since 2007
10:13 Trump’s Midterm Comment on Gas Prices
11:12 Byron’s Pricing Advice for September and October
13:26 The Script for Sellers Who Want to Wait Until Spring
22:19 The Buyer Script Nobody’s Using Right Now
26:57 Today’s CPI Report Seals the Fed’s Fate
34:12 Inside the NWMLS Private Network Controversy
40:16 Reading a Listener Comment From The Real Word Podcast That Calls Out Knowledge Brokers
45:29 Compass Claims Victory as MLS Pushes Back
47:52 The Agent Doing a Quarter Billion With One Assistant
52:15 “I Didn’t Choose 9 to 5” Business Ownership Manifesto
01:03:41 The Elimination Exercise That Grows Your Business