Business
The Four Corners Episode on The Real Estate Industry
2023-03-27
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We discuss underquoting, secret commissions and referral fees, the phrase "Quote it low and watch them go!" and ethics in the real estate industry.
(00:02:31) - Summary of speakers for AREC: 25th Anniversary
(00:07:56) - The Four Corners Episode: Price Guides and "The Impact of Underquoting in the Real Estate Industry"
(00:16:48) - The importance of honesty in real estate
(00:19:49) - Strategies for accurately setting price guides in a low-absorption market
(00:21:43) - Misleading conduct
(00:26:00) - Product knowledge
(00:29:03) - Transparency with rebates
(00:32:18) - US congress rips into the CEO of TikTok
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