Real Estate > Transaction

A Ray of Hope in Dark Times

9 days ago   |   By RIS Media

Real estate tech reported that private equity firms invested $8 million in 2010, and more than $100 billion in 2019. Wow! This is good news/bad news.
The bad news is that transactions have only increased from 4.5 million to about 5.4 million-not very impressive-and that money being spent in real estate tech is focused on online leads, the cost coming out of the hands of hard-working real estate professionals.
An executive of a top 10 real estate franchise observed that the top 10 percent of his company's producers received 83 percent of their business from referrals. He believes the answer...
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