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 Seattle Agent’s most-read Real Issues features to learn from our expert sources and, overall, to consider the year in retrospect.
Aftershocks from the pandemic have rocked developers with new hurdles to breaking ground on residential properties. The main culprits: a shortage of skilled labor, skyrocketing costs of building materials and a disrupted supply chain.
A market with limited inventory and swarms of buyers can be stressful for everybody. But it’s especially challenging for first-time homebuyers — and their agents. From Houston to Chicago, from Miami to Boston, agents are relying on creativity, hustle and candid conversations to help get their entry-level buyers over the threshold of their first home.
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.
Low barrier to entry: It’s one of the best things about the real estate industry — and also one of the worst.