9min chapter

Industry Relations cover image

2024 ORE Year End Recap

Industry Relations

CHAPTER

Real Estate Evolution: From 2024 Onwards

This chapter explores the transformative events in the real estate market during 2024, focusing on a landmark settlement and its widespread implications amid high interest rates and low inventory. It emphasizes a potential transition into a new era known as Real Estate 3.0, as the industry adapts to shifting consumer expectations and challenges. The discussion anticipates future developments, including the prospect of Real Estate 4.0, which could fundamentally alter industry compensation dynamics.

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