Does it makes sense to get in now to become pt agent with the upcoming commission reduction that’s going to take effect later this yr

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Imo real estate agent industry has peaked. Most of the core services can be provided with software or at a flat fee (many states have highly standardized contracts and processes). For normal residential real estate issues, there’s not a lot of special knowledge required.

I am not going to generalize all agents, but the majority of agents both on the buy and sell side that I have worked with have not provided services even close to the value of the commissions paid.

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It’s going to become an a la carte style business going forward. Specific fees for specific services.

Which is how it should’ve been done the entire time.

Yeah it’s like there was this consortium of real estate entities that kept the antiquated processes in place to preserve their commissions…

Oh wait, that is what happened.

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