This episode is sponsored by NMBD: CONNECT - coming to Anaheim, Tampa, and Detroit Register for NMBD: CONNECT below: Anaheim, CA - July 15th: aimegroup.co/NMBD-Anaheim Detroit, MI - July 17th: aimegroup.co/NMBD-Detroit Tampa, FL - July 19th: aimegroup.co/NMBD-Tampa NMBD CONNECT presents Broker to Broker Episode 195! This is an essential listen for mortgage brokers in 2024. Today, we learn how brokers must navigate the looming industry shifts from NAR's settlement, with vital guidance from the Broker Owner of Left Coast Leaders, Amir Nurani. Amir has his finger on the pulse of the market and industry fallout from NAR's recent lawsuit settlements. Amir breaks down what the settlement means, how it will affect LOs and their clients, and what proactive action brokers need to take to navigate the changing market. Amir gives us the exact steps for how brokers can adapt to a consumer-direct business model to future-proof brokerages. Key Points: 1:27 - Entering, Leaving, and Finally Returning to Wholesale 10:50 - Left Coast Leaders: Returning to Wholesale After 15 Years 13:57 - NAR Lawsuit: How it Affects Brokers & Consumers 17:43 - The Current and Future Market: Why it Needs Consumer Direct 34:05 - Play Where the Puck Is Going to Be: Converting to a Consumer Direct Model "Companies like Zillow and Redfin offer services at a fraction of agent costs. They are 100% going to go after customers before it ever gets to the realtor and offer their service at a fraction of the cost." Amir breaks down what brokers can do to adapt: "What do you think the world of real estate mortgage will look like in five years? Not what it looks like today. What will it look like in five years? Is your strategy conducive to that vision?