Overview of the Real Estate Industry
Join us as we delve into the dynamic evolution of the real estate industry and its impact on homebuyers. From the control of MLS data to the rise of corporate dominance, we navigate through key shifts and challenges, empowering viewers to make informed decisions in their buying or selling journey.
Here’s what you’ll explore:
The 1990’s: A look back at a time when MLS data was controlled by real estate companies, buyer agents were nonexistent, and the market dynamics favored homebuyers.
The Internet: Discover how the emergence of online platforms revolutionized the real estate landscape, shifting control away from agents and sparking the birth of the buyer agent concept.
More Changes: Explore the financial pressures faced by real estate companies, leading to shifts in commission structures and the entry of corporate America into the industry.
Real Estate Today: Uncover the dominance of corporate brands in today’s market and the implications for buyers, including potential conflicts of interest and litigation. Examine the current landscape where buyer agency models face scrutiny, and the industry’s alignment with corporate interests raises concerns. Watch this video to gain a deeper understanding of the real estate industry’s intricacies and make smart decisions tailored to your best interests.
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