Major Transformations in the Real Estate Sector: A First Quarter Update on 2024
One of the most unpredictable sectors is undoubtedly the real estate industry where each year brings new challenges. Similarly, 2023 has been full of challenges but also a year of transition far from the extremes of the previous years.
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Cost-Saving Tactics to Keep in Mind For Your Real Estate Business in 2024
Cost plays a huge factor in making your business grow and thrive in the competitive market. That is why managing your budget is the most important part of running any business across various industry verticals. The real estate sector is no exception! There are many ins and outs and endless expenses associated with a real estate business- whether you are a homebuyer a broker or an agent. Keeping updated with effective cost-saving techniques and strategies will ensure that you don’t spend in excess and make your real estate business profitable in the long run.
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End of the Traditional 6% Commission Set-Up: What Lies Ahead for Realtors?
James, a seasoned broker, who has built a sustainable business around the conventional 6% commission structure, has an uncertain future staring his face after NAR dissolved the commission model. At this moment, his mind is buzzing with concerning questions like—
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