So maybe the announcement is just lip-service/ negotiating bluster and they're not really "leaving" NAR in most places?   

Should probably be more like @Rich B. s friend be tighter lipped.

AirBNB moving their headquarters from some uppity place with "killer happy hours" to community that needs good jobs, tax revenue etc. that is getting nonstop lip service would give much needed credibility in my eyes. 

I have been doing this for over 50 years and have had to bite my lip soooo many times, but I have learned that it is the easiest way. 

Location matters. http://www.bizjournals.com/sanfrancisco/blog/real-...From your lips to Gods ear.

The upper lip around the tub is all rusted out and gone.

At first approximation Jim, I'd say 98% of them won't get over 5 units and all that worry and chatter about core 4 and Blind Trust that owes their LLC to make the judgement proof is a balm to sooth the fact that they know deep down inside they have a gnawing fear of stepping out into the abyss.

You also may want to look into financing before the meeting to show you can perform (but maybe don’t give out the address to the bank yet because loose lips sink ships.)

I know a few people in that area that do a lot of rehab work but not sure if you are doing a major rehab or a lip stick job

FYI it very well take 3-4 months to close once those words escape your lips, the pure rate whore lenders are absolutely slammed, and some appear to be turning down anything that isn't 100% vanilla.