Byron Lazine and Lisa Chinatti discuss NAR's declining membership, executive pay, and a proposal for a rebrand of NAR. They also debate the "offer of zero" strategy, the "Shadow Fed Chair" theory, and the rising pressure on Jerome Powell to cut rates.🔑 𝐁𝐞𝐜𝐨𝐦𝐞 𝐚 𝐦𝐞𝐦𝐛𝐞𝐫 𝐨𝐟 𝐁𝐀𝐌𝐱: https://www.skool.com/bamx👉 𝐌𝐨𝐬𝐚𝐢𝐤 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 🔔 Subscribe to Knowledge Brokers Podcast today: https://www.youtube.com/@knowledgebrokerspodcast?sub_confirmation=1 🔗 Resources:https://nowbam.com/this-ceo-just-spelled-out-the-biggest-rebrand-idea-for-nar/ https://www.housingwire.com/articles/nykia-wright-nar-leadership-commission-lawsuits/ https://www.cnbc.com/2025/06/11/a-shadow-fed-chair-could-be-coming-how-markets-might-react.htmlhttps://www.housingwire.com/podcast/logan-mohtashami-what-is-trumps-real-plan-to-handle-jerome-powell/https://nowbam.com/grant-cardone-blames-one-person-for-the-housing-crisis/ https://www.housingwire.com/articles/are-real-estate-brokerages-going-the-way-of-the-dodo/ ⏰ Timestamps:00:00–03:34 Intro03:34 – Nakia Wright’s fireside chat at The Gathering04:43 – NAR salaries, executive compensation, and budget transparency07:38 – Wright’s “balanced budget” vs. massive media spend and membership decline11:15 – Wright insists NAR must lead education; Lisa and Byron disagree15:25 – 800-member board and decision paralysis20:40 – Wright’s use of the term “de-risk” and rapid rule reversals40:33 – Shadow Fed Chair theory explained: Trump’s indirect pressure on Powell44:44 – Byron and Lisa unpack Grant Cardone’s claim that Powell is the biggest threat ———✅ Stay Connected With Us — 👉 Connect with Byron Lazine: https://www.instagram.com/byronlazine 👉 Connect with Tom Toole: https://www.instagram.com/tomtoole3rd/ 👉 Connect with Lisa Chinatti: https://www.instagram.com/lisachinatti/———BAM delivers real estate news, education, and entertainment with nonstop original content from an unmatchable line-up of industry personalities and top producers. 🔔 Subscribe to the BAM YouTube channel: https://tinyurl.com/aatxhaka 📩 Subscribe to BAM Newsletter: https://mailchi.mp/nowbam/the-best-newsletter-in-real-estate 🧐 Check out BAM: https://nowbam.com/ ———🤝 BAM PARTNERS𝐑𝐞𝐦𝐢𝐧𝐝𝐞𝐫𝐌𝐞𝐝𝐢𝐚: 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-resource𝐙𝐨𝐨𝐝𝐞𝐚𝐥𝐢𝐨: 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-referral 𝐏𝐫𝐨𝐩𝐒𝐭𝐫𝐞𝐚𝐦: The most trusted provider of comprehensive real estate data nationwide. Try it FREE → https://trial.propstreampro.com/bam/ ———#JamesDwiggins #nationalassociationofrealtors #jeromepowell