“You could see lots of of thousands of real estate brokers leaving the profession, and major brokerages go out of business,” stated Oppenheim. “We’re on the precipice of an armageddon that no one talks about.” One of the NAR guidelines in question requires listing brokers to supply purchaser brokers a fee to list a property.
- As unbiased businesspeople, brokers often promote real estate owned by others.
- Land with any of these structures is said to be “improved.” It’s “unimproved” when it lacks them.
- Resale data can present a better indicator of the well being of the general housing trade than
