Episode 2- Last Year and This Year

In this episode of Mac Yak, the hosts discuss various topics related to the real estate industry. They start with some fun questions and then move on to recap the previous year. They talk about the rescission period, changes in team rules, and the new FinTrac requirements. They also discuss the market outlook for the current year and provide advice for agents on how to navigate the industry amidst all the changes. The episode concludes with a reminder to focus on what's important and not get lost in the noise.

Takeaways

• The rescission period had minimal impact on the real estate market, with very few cases reported.
• Changes in team rules brought more transparency to the industry and clarified the relationships between agents and teams.
• The new FinTrac requirements have been met with mixed reactions, but agents are obligated to comply with them.
• The market outlook for this year is positive, with increased activity and confidence among buyers and sellers.
• Agents should focus on building relationships, staying informed, and avoiding distractions to be successful in the industry.

Chapters

00:00
Introduction and Fun Questions

03:00
Recap of Last Year

07:16
Rescission Period

10:43
Changes in Team Rules

12:07
FinTrac Changes

14:11
Market Outlook for This Year

17:19
Advice for Agents

21:01
Conclusion