Real Estate Agents take 5-8% while adding little value for most buyers and sellers. Technology and tools should be able to do most of the job.
Meanwhile, tech workers are going remote and can work from anywhere. So, they're buying properties in 2nd and 3rd-tier cities.
These cities will likely see rapid price increases. This presents n investment opportunity.
It also presents a problem for local people who get priced out of the market and affordable housing becomes scarce.