6% Commissions are Dead, What Real Estate Agents Need to Know Now, The Fed, and the future in 2024

The Anton Stetner Podcast

6% Commissions are Dead, What Real Estate Agents Need to Know Now, The Fed, and the future in 2024. it is important to stay informed about the changing real estate landscape, and in 2023, it's clear that real estate agents need to be prepared for a future where 6% commissions are no longer the norm. Instead, agents will need to adapt their income strategies in order to keep up with changing trends and the potential impact the Fed may have on real estate.

One key trend in real estate is the move away from traditional commissions. With technology making transactions easier, more and more clients are looking for alternative commission structures. Agents will need to be prepared to navigate this trend by exploring commission alternatives and finding ways to make their income work for their clients.

At the same time, the Fed's impact on real estate cannot be ignored. As interest rates rise, real estate markets may see a slowdown, which could impact agent income. Agents will need to stay informed about the Fed's policies and how they may impact real estate in order to make informed decisions about their income strategies.

Looking ahead to 2024, the real estate forecast will undoubtedly continue to be shaped by changing trends and the Fed's impact. Agents who are able to adapt and navigate these changes will be the ones who are successful in the industry. By staying on top of real estate trends, exploring commission alternatives, and finding ways to make their income work for their clients, agents can position themselves for success in the years to come.