Forecasting the Real Estate Business in the Wake of Industry Upheaval

Artificially Intelligent with Sam Maule and Maia Bittner

Are you ready to uncover the truth behind the seismic shifts in real estate commissions? Join us as we dissect the aftermath of a landmark lawsuit settlement that's flipping the industry on its head. With the insightful guidance of Tessa Jarvis, a seasoned real estate agent, we navigate the unknown waters of real estate transactions post-settlement. Tessa offers a treasure trove of knowledge, from the implications of removing buyer's agent commission advertising in MLS listings to an insider's perspective on the indispensable value of buyer's agents in a digital age where listings are a click away.
This conversation takes a technological twist as we contemplate the marriage of artificial intelligence and real estate. Wondering how AI might revolutionize your property search? We've got you covered, examining its role in data analysis and decision-making, without overlooking that human touch—emotion and tailored advice—that only an experienced agent can provide. The dialogue ventures further, with personal anecdotes reflecting on significant purchases that highlight the importance of expert guidance, whether you're buying a home or a luxury car. Technology's impact on the tools of the trade and the art of marketing in real estate also comes under scrutiny, as we assess the tech that amplifies our business and the strategies that keep us ahead.
Lastly, let's talk shop about the nitty-gritty of running a real estate business. Ever wondered how agents like me juggle finances and strategize as an S-corp owner? You'll get an insider's look at forecasting, budgeting, and the strategic inclusion of expenses. We also contemplate how the ripples of that pivotal lawsuit may shape the future of our profession. Reflecting on the emerging trends in Washington State, we invite you to join us in pondering the future trajectory of the real estate industry, ensuring you're informed and ready for what's coming down the pipeline.

Hosts: Sam Maule & Maia Bittner

Chapters

1. Real Estate Commission Changes and Impact (00:00:03)

2. Real Estate Agents and AI Trends (00:12:19)

3. Real Estate Tech and Marketing Strategies (00:16:45)

4. Real Estate Business Structures and Forecasting (00:20:59)