How to Navigate the NAR Settlement (And An Important Warning) w/ Piers Tueller

Nevada REALTORS® Today

Since its announcement, the NAR settlement has garnered much discussion and debate in the real estate industry. Now that August 17 is squarely in the rearview mirror, it’s time to ask the important questions.

What do the rules actually mean and how will they change how we work?

The settlement itself is a lengthy legal document with different stipulations and clauses. How do we decipher it all? What are the essential takeaways and things we should be doing differently?

The ultimate point of the settlement is to create more clarity in the transaction, and that will benefit both buyers and agents. How will the settlement allow us to operate at a higher level?

Today, we’re joined by an attorney on the frontline of the changes we’re dealing with. Hutchison & Steffen senior associate Piers Tueller shares what the settlement really means for the industry, why it’s a good thing, and an important warning for agents looking for loopholes.

The people who are willing to operate as clearly as they can are going to be very successful. -Piers Tueller

Three Things You’ll Learn In This Episode

-Transparency makes the transaction better

Agents forget how stressful the process of purchasing can be. There’s often a lack of clarity that adds friction to the process. How will the settlement make things better and smoother?

-The worst thing you can do

There are some agents and brokers looking for settlement workarounds or loopholes and exceptions to the rule. How will this do more harm than good?

-What every agent should be doing right now

We might not have all the answers about how the settlement will change the industry. How do we put ourselves in the best position to navigate and anticipate what’s going to happen?

Guest Bio

Piers R. Tueller is a senior associate with Hutchison & Steffen, practicing primarily in the Firm’s litigation and administrative and regulatory law practice groups. Piers obtained his Juris Doctorate from the William S. Boyd School of Law at UNLV where he scored top of his class in the areas of Criminal Procedure and Intellectual Property Seminar and repeatedly earned a place on the Dean’s Honors List. He attended Baylor University School of Law prior to his transfer to UNLV. Connect with Piers on LinkedIn.

About Your Hosts

Tiffany Banks is the CEO and former general counsel of Nevada REALTORS®. Her leadership is defined by a strategic approach to real estate advocacy and a commitment to community enrichment. With over a decade of legal experience, Tiffany guides the organization's direction with a keen focus on strategic consulting, complex legal analyses, and new business development. Nevada REALTORS® has successfully navigated legislative sessions, forging strong relationships with stakeholders and enhancing the community presence through impactful projects. Tiffany’s role encompasses not just operational management, but also driving growth and fostering a culture of excellence within the team and the broader real estate community.

Brandon Roberts is the President of Nevada REALTORS® and Corporate Broker/CoFounder of Signature Real Estate Group. Signature Real Estate Group is a real estate and property management brokerage that has grown to almost 800 agents in multiple states. He has been practicing real estate for over 27 years and has been a broker for 21 of them. Brandon has trained and coached Real Estate brokers and agents all over the country. His state of the art training at the Real Estate Academy has brought new agents to new levels. Making them into multi-million dollar producers within their first year.

Check out this episode on our website, Apple Podcasts, or Spotify, and don't forget to leave a review if you like what you heard. Your review feeds the algorithm so our show reaches more people. Thank you!