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Tech Company Alliance & Real Estate Commission Changes
The chapter delves into a strategic deal between tech giants to strengthen their partnership against a common rival, along with a groundbreaking settlement by the National Association of Realtors that signals a major shift in real estate commission payments. It explores how these developments could reshape the industry, automate processes with AI technology, and lead to a more consumer-centric marketplace. The discussion also considers the potential impact on real estate agents, fee structures, buyer representation, and the emergence of new startups offering innovative services directly to consumers.