That two-day delay cost him a $40,000 payday.The Lesson: Don’t Let Time Kill Your DealsReal estate is a fast-paced industry, and time is the one resource you can’t afford to waste.

If you think about it in any industry less transparency and more friction in the transaction will increase fees/commission vs reducing them.I like the idea as an investor of having different agents, a team of agents maybe 3-4 bringing me deals, but I think less of that will happen now as all will have to have you sign some kind of agreement up front. 

There is a lot to go into it and recommend BP and youtube to learn more about the industry. 

Next, and again my current experience is in a different industry but one that's a highly dependent on Google reviews and ratings, I've found that there's always a break-even point where "paying someone off" doesn't provide enough of a return on the payoff. 

Its how the industry is run..

I also have this same question about a Multifamily deal we have where we will need to purchase land before approvals.. you’d think being in this as deep as we are we’d know this answer but, it’s actually proven to be a pretty difficult thing for me to come across even with speaking to several people in the industry.. my own mother is 32 year lender.

@Richard Anderson: You've piqued my interest.Do you happen to know if there are guidelines in the banking industry as to how to handle the Due on Sale Clause when a seller sells on Executory contract to another individual?

Business is valuable and this has not been a great year for the property management industry.

there has been a lot of talk in the industry about building multi generational housing..

Networking is huge, so connect with others in the industry, and look for mentorship programs (there are some great ones out there).