NAR 2.0 Laid Out By Nexthome CEO | James Dwiggins

NextHome CEO James Dwiggins joins Byron Lazine at the HousingWire Gathering event to discuss zero-offer compensation, dual agency risks, NAR’s strategic missteps, Rayse’s impact on buyer agent transparency, and why Dwiggins believes NAR should become the National Association of Homeowners. Read the HousingWire recap of the Gathering panel: https://www.housingwire.com/articles/are-real-estate-brokerages-going-the-way-of-the-dodo/ 𝐁𝐞𝐜𝐨𝐦𝐞 𝐚 𝐦𝐞𝐦𝐛𝐞𝐫 𝐨𝐟 𝐁𝐀𝐌𝐱: https://www.skool.com/bamxSubscribe to the BAM YouTube channel: https://tinyurl.com/aatxhaka Subscribe to BAM Newsletter: https://mailchi.mp/nowbam/the-best-newsletter-in-real-estate Connect with Byron Lazine: https://www.instagram.com/byronlazine/Connect with James Dwiggins: https://www.instagram.com/james.dwiggins/ Rayse: https://www.rayse.com/about/ HousingWire YouTube: https://www.youtube.com/@HousingWire Timestamps:00:00–02:47 Intro02:47 Offer out zero: James advocates offering zero upfront compensation on MLS. 04:07 No predetermined commission splits (“We banned that.”)08:37 It’s the listing agent’s job to educate the seller (how offers work, advantage of offering buyer agent comp, etc.)11:05 Overeducate sellers up front12:41 Never ask the listing agent about compensation (opens agents up to steering claims)13:32 Builder bonuses are a lawsuit waiting to happen 15:50 Avoid dual agency: Higher risk of misrepresentation and liability20:23 Nykia Wright’s expressed intention to lean into education (wearing multiple hats)21:58 NAR should focus on advocacy (Education has failed).24:05 “Nobody cares about the Realtor® brand…” 24:28 Pivot to National Association of Homeowners (advocacy arm for homeownership)27:17 What they have left is the 3-way agreement…which is going to go away.28:53 NAR’s governance structure is going to be its downfall (here’s why)30:41 Agents need transparency tools like Rayse (How it’s going to change the industry)33:05 Most agents don’t realize their true hourly rate34:53 Referral fees should be disclosed35:58 The future of real estate is transparency (Every service today is trackable…)———BAM PARTNERS𝐌𝐨𝐬𝐚𝐢𝐤 is the premier client experience platform, picking up where CRMs leave off, spanning search, transaction management, and client retention. It’s everything you need to showcase your value, build client loyalty and drive referrals. Limited subscriptions available → https://form.typeform.com/to/HJP9lPP6 𝐑𝐞𝐦𝐢𝐧𝐝𝐞𝐫𝐌𝐞𝐝𝐢𝐚: Tired of spending your hard earned money on marketing you know never makes it past the trash can or spam filter? Imagine getting texts and calls thanking you for your marketing. That’s what we do for you → https://remindermedia.com/bamsample/𝐄𝐱𝐩𝐞𝐫𝐢𝐞𝐧𝐜𝐞.𝐜𝐨𝐦 puts you in control of your online presence with AI-powered tools that boost visibility, track competitors, and help you climb Google search ranks. Manage it all from one platform—and start ranking higher today → https://bit.ly/experience-resource 𝐙𝐨𝐨𝐝𝐞𝐚𝐥𝐢𝐨: Instantly connect your leads and clients with a menu of cash offers and selling solutions. Use code BAM for 15% off at zoodealio.com (Or join BAMx and get access for free! → https:​/​/www​.skool​.com​/bamx )𝐕𝐮𝐥𝐜𝐚𝐧𝟕: The most accurate, powerful, and effective real estate seller lead generation resource to build your business. GET STARTED TODAY → https://www.vulcan7.com/bam/𝐒𝐮𝐦𝐦𝐢𝐭 𝐕𝐀 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬: Leverage your business with a REAL ESTATE-TRAINED Virtual Assistant → https://www.summitvasolutions.com/byronlazine-referral𝐏𝐫𝐨𝐩𝐒𝐭𝐫𝐞𝐚𝐦: The most trusted provider of comprehensive real estate data nationwide. Try it FREE → https://trial.propstreampro.com/bam/ ———#ByronLazine #BAMinterview #JamesDwiggins