It goes without saying that 2021 was full of real issues for the real estate industry — from the continuing pandemic to the subsequent inventory shortages. But it was also full of real solutions. Check out Atlanta Agent’s most-read Real Issues features to learn from our expert sources and, overall, to consider the year in retrospect.
As the political fundraising arm of the National Association of REALTORS®, RPAC solicits voluntary contributions from Realtors — more than $5 million during the 2018 election cycle. It uses those funds to help elect candidates across the political landscape who understand and support real estate interests — at all levels of government.
In a way, the nation’s homebuilders were in an enviable position this year: There was not enough of their product out there to meet the ravenous demand of customers — not by a long shot. Of course, it’s not that simple.
That first year in real estate is an insurmountable hurdle for a lot of new agents, particularly Black agents, who are underrepresented in the industry. In 2016, moreover, they earned less than half what their white counterparts did on average.
The simplest way to maintain a good reputation and stay on the right side of the law is to trust your gut and consider how you’d want your own family members to be treated in a real estate transaction.
Homebuyers lucky enough to win a bidding war these days are increasingly running headlong into appraisals that don’t match — or even come close to — the agreed sales price, leaving them with limited ways to close the sale.