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Wealthy Way
Which Agents Will Rise and Fall in the 2024 Real Estate Market
Jun 5, 2024
Real estate expert Ryan Serhant discusses predictions for the 2024 market, covering agent challenges in luxury markets, impact of buyer's agent fees and interest rates, trends in housing choices influenced by remote work, and insights on operating in multiple markets and understanding local market dynamics.
13:50
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Quick takeaways
- Agents must showcase value through meaningful conversations with buyers in luxury markets.
- Consumers may face increased costs in real estate transactions, leading to higher fees and expenses.
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Impact on Real Estate Agents
The podcast discusses how the NAR-related changes in the real estate industry will prompt a shift in the behavior of agents. The focus is on showcasing value, especially in luxury markets, where agents must engage in more meaningful conversations with buyers to demonstrate their worth. It is emphasized that agents who prioritize providing value will thrive, while those seeking quick profits may need to reconsider their approach. The changing landscape highlights the necessity for agents to adapt and show their value more than ever before.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode