The Real Issues stories from 2022 MABA Massachusetts RealEstate FirstTimeHomeBuyers

 The past year was full of real issues for the real estate industry  from the continuing effects of the pandemic to rising inflation. But it was also full of real solutions. Check out our most-read Real Issues features to learn from our expert sources and, overall, to consider 2022 in retrospect.

 Number one: Decoupling broker commissions could be coming Agent commissions of the future could look much different than they do today, as a Department of Justice investigation into the issue of decoupling buyer and broker commissions continues, class-action lawsuits are advancing and associations and MLSs are adjusting their policies.

 Number two: How does a community increase home values? A neighborhood has many public assets that combine to determine its desirability to buyers. How do those assets affect home prices  and which ones have the biggest impact? 

 Number three: It’s time we talk about crime If ever there were a third rail of residential real estate, it would have to be the topic of crime. The radioactive issue and its relationship to residential real estate has been a troubling topic for agents for decades. Real estate experts share how it’s impacting the bottom line now.

 Number four: Navigating new-home construction sales All bets are off in the world of new-construction home sales, where the relationship between builders and brokers often changes with the strength or weakness of the local market. But when new homes are selling rapidly, like they have been over the last few years, agents can often find themselves in direct conflict with homebuilders.

 Number five: Bidding wars with Wall Street Investors helped resuscitate the economy during the Great Recession, but their taste for real estate didn’t stop there. The number of purchases by these investors has grown so rapidly that real estate brokers, associations, economists and elected officials are beginning to call for greater oversight and regulation.

The post The Top 5 Real Issues stories from 2022 appeared first on Boston Agent Magazine.

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