Tech with Ty

Surround Yourself with Greatness

šŸ¤–[T]echnology: ChatGPT Tasks!
šŸŽ“ [E]ducation/Entertainment: Damn the DOJ
šŸ’Ŗ[C]oaching: Surround Yourself with Greatness
šŸ“¹ [H]ow To: Find the Right Fit

[T]echnology: 

And just like that, ChatGPT just launched Tasks! ā¬‡ļø

Iā€™ve had the opportunity to test this one, and the first time (within an hour of it launching) it failedā€¦Iā€™ll chalk this up to the servers getting bombarded, but now I will get a weekly email summarizing all the new AI news - super cool!

Thatā€™s an elementary example of what Tasks can doā€¦but like everything else, I want to push it to the limit.

So, I started thinking about contract timelines and transaction managementā€¦

Could this take over the role of a contract coordinator?

Yes (but not yet).

Right now, you donā€™t have the ability to upload documents, so I strategically copied and pasted the clauses that I wanted reminders on, and hot damn Bobby, it set up desktop notifications that will remind me the day these are due and was able to create a very detailed contract timeline that I could easily share. šŸ‘

Iā€™m sure in the future youā€™ll be able to program this to send your clients, the lender, and the other agent these reminders and the timeline, but in the meantime, itā€™s an excellent chance for you to dive into tasks just to understand what it is capable of!

[E]ducation:

Ah, the saga continuesā€¦ šŸ›ļøāš–ļø The National Association of Realtors (NAR) vs. the Department of Justice (DOJ). The Supreme Court just refused to hear NARā€™s appeal, and things are heating up. šŸ”„

Hereā€™s the dealā€¦ 

The Supreme Court declined NARā€™s request to block the DOJā€™s antitrust investigation into their policies.


No explanation. No comments. Just a flat-out "no." šŸš«

This keeps the lower courtā€™s ruling in place, giving the DOJ the green light šŸŸ¢ to continue digging into NARā€™s now-defunct Participation Rule and current Clear Cooperation Policy (CCP). 

Fun fact: šŸ† This investigation started in 2018, got closed in 2020 as part of a settlement, and then the DOJ hit "restart"šŸ”„ in 2021. 

NARā€™s not thrilled. šŸ˜¤ They argue reopening the case breaks the 2020 agreement and sets a dangerous precedent. Meanwhile, the DOJ claims the deal didnā€™t prevent a second look and insists the CCP stifles competition. šŸ¤” 

Now, NAR must comply with DOJ subpoenas šŸ“„, but the fight isnā€™t over. They can still push back on specific requestsā€”like depositions or document demandsā€”if theyā€™re too broad.

Looking ahead, politics could play a role šŸ—³ļø, as a new administration might shift the DOJā€™s priorities. But donā€™t hold your breath. Experts say this legal battle is far from over, and a resolution isnā€™t likely anytime soon. 

What does this mean for you?

If the DOJ wins, big changes could be coming for real estate commissions šŸ’° and cooperation policies. Itā€™s a waiting game ā³ for now, but Iā€™ll keep you posted!

Disclaimer: This is just my take on whatā€™s happening. If youā€™re looking for legal advice, Iā€™m probably not your guy. šŸ˜‰

[C]oaching:

One of the things Iā€™m most proud of at my company is the culture. šŸŒŸ Iā€™ve said time and time again that Iā€™d love to take credit for even 10% of it, but honestlyā€”itā€™s happened organically. 

Donā€™t get me wrongā€”we donā€™t hire everyone šŸ›‘, but we want everyone to know weā€™re hiring. šŸ¢ I think that approach has helped us build and maintain a culture of greatness and success. šŸš€ 

Our average agent earns well over $100k every year. šŸ’µšŸ’¼

Do we provide the best technology, training, and tools in the business?
Absolutely. āœ…

But thereā€™s an X factor that you just canā€™t quantify. āœØ 

Hereā€™s a quick example:

No one asked Tim to post that in our office hub, but hell yeah it inspired me!

Iā€™ve been trying for years to identify that X factorā€¦but today, I copied the exact text from above, and this was ChatGPTā€™s response:

That is indeed powerfulā€¦surround yourself with greatness!

[H]ow To: With Abby

How Do You Know Youā€™re in the Right Brokerage?

Iā€™ll try to be as unbiased as possible (I obviously think ours is the best).

Even though I believe my brokerage is great, Iā€™ll admit it isnā€™t the right fit for everyone. So, what should you be paying attention to when deciding where to hang your license? šŸ‘€

Hereā€™s my listā€”ranked in order of importance (at least to me).

1. The People šŸ˜€

If you dread attending brokerage events or feel awkward around your colleagues, it might not be the right fit. People make or break any job. Even if you love the work, youā€™ll be miserable if the people around you arenā€™t those you enjoy spending time with. 

In real estate, where itā€™s easy to feel isolated, having people to collaborate withā€”or even just vent toā€”is essential. Do you feel included? Comfortable? If not, it may be time to rethink your brokerage.

2. Money šŸ¤‘

Money ranks second for me. While some prioritize money above all, Iā€™m one of the few who values happiness over income. That said, compensation is still important. 

Do you think your split is fair? Are your fees providing valuable support? What about leads? Experienced agents often generate their own business, but newer agents may need more help. Some brokerages provide leads, relocation departments, or tools like floor time to boost businessā€”though nothing comes free. 

3. Support šŸ¤

Support is critical. Does your brokerage offer up-to-date technology? Do you have access to professional office spaces for collaboration, productivity, and client meetings?

What about admin assistance? Staff support helps agents focus on selling rather than paperwork. Is mentorship available? Learning from experienced professionals will help with your growth, and strong management provides leadership, strategic guidance, and solutions when you run into trouble.

Beyond day-to-day, think about events. Great brokerages prioritize personal interaction through classes, collaboration groups, and networking opportunities. In my role supporting agents, I aim to offer at least 2ā€“3 CE classes per month, along with fun events, to promote both education and a sense of community. Does your brokerage offer what you need to feel supported?

4. Vibes āœØ

Yes, Iā€™m Gen Zā€”of course vibes matter. While this goes hand and hand with "people," here Iā€™m talking about culture.

If I had to describe my brokerageā€™s culture in one word, itā€™d be "relaxed" or ā€œlaid back.ā€ That works for me (and many others), but itā€™s not for everyone. Some prefer a professional, corporate atmosphere where people wear suits and talk sales non-stop. Personally, that makes me want to pukeā€”but the right vibe depends on what makes you thrive.

We have had people come to us purely because they loved how laid back everything was, and we have had people leave us for the same reason. When you are a fit you are a fit. I also believe if it ainā€™t broke donā€™t fix it. If you love where you are at, maybe focus on other areas of your business to improve.

-Ty Morton + Abby G