Real estate industry heads for deep change

Real estate is on the cusp of deep change that began years ago, but whose consequences are just being felt today. That imminent change is forcing the industry to become sober, more contemplative and more serious about what is next.

The changes are weighty, even if some choose to ignore them.

Technology is changing the way real estate transactions progress, and the Internet is rapidly shifting the way people shop for homes and real estate services. Add to that the prospect of cooling home sales and home-price appreciation and an outlook of rising interest rates, and it's easy to see some adjustment is in order.

Inman News Publisher Bradley Inman shares his industry outlook in an interview with Michael Krisa of Broker Agent News. Click here to listen.

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