And South Florida has more real estate agents than any other major region. Add part-time agents selling real estate as a side hustle and there are tens of 1000’s of individuals whose paychecks might be affected by any changes to how commissions are paid. “It represents the best menace to the worth setting of the industry in the last 100 years,” stated Brobeck. He figures if real estate commissions drop by 2%, it might save house buyers and sellers $20 billion a year. In 2023, fairness continued to dominate investments in real estate at 81% share of the total investments. In 2023, non-core assets led transaction volumes at 53% of the general volumes, thus indicating the next danger urge for food and a concentrate on doubtlessly larger returns by buyers, the report stated.
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