The real estate industry is facing seismic changes, compelling agents to adapt or risk diminishing relevance; strategies like transparent pricing and niche offerings can help.
To remain competitive in this shifting landscape, real estate agents should explore alternative commission structures, prioritize clear communication of their value, and invest in technology.
Collaboration among agents can create better opportunities; co-brokering relationships and robust referral networks can enhance success amidst market fluctuations.
Exploring the rental market and expanding service offerings, such as hourly consulting, can provide real estate agents with additional revenue streams during slower periods.
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