Agents see a brighter sales outlook ahead
The present and future of residential real estate sales is rapidly evolving, but it's the agents on the front lines who can help industry watchers better understand what's really happening in the trenches.
The present and future of residential real estate sales is rapidly evolving, but it's the agents on the front lines who can help industry watchers better understand what's really happening in the trenches.
The events of the past few years have been a shock to the system for residential real estate: Lawsuits that have changed how agents get paid and challenged their value, a frozen housing market, NAR upheaval.
One tech firm to lean into real estate's new era is Seattle-based MoxiWorks, which announced a major update this week to its software suite and new web products to help agents conduct business in compliance with the rule changes.
While many agents and brokers are adjusting their practices in accordance with the settlement terms, some are continuing to look for loopholes, Bailey said — which he views as dangerous, because attorneys are watching very closely.