LACKIE: Real estate downturn bringing much-needed reset for industry

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There is zero part of me that believes anyone, anywhere could care any less that realtors are having a tough time out there these days.

I am trying to understand if anyone sincerely believes it’s a bad thing that real estate must now be undertaken by people who conduct themselves within it as a whole and complete profession, replete with professional standards, ethical obligations, and radical accountability to the consumer.

The best agents I know are in the office every single day. They work relentlessly at their business and to the benefit of their clients. Their clients derive value.Article content And broadly speaking, prices haven’t substantially corrected in any meaningful way. The agents who are getting deals are fine. But it’s a quiet time for many..However, if you were to survey one hundred consistently-producing agents, I am certain the overwhelming majority would prefer a market correction that resulted in a strong correction to prices that might bring an element of affordability to the market place.

I will thank my lucky stars if I am never again on the other end of a deal with an agent who happens to be unreachable between the hours of 9:00 and 5:00.

 

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