Tech, inventory and competition lead list of top challenges for firms

The National Association of REALTORS 2017 Profile of Real Estate Firms survey found that keeping up with technology, inventory levels, non-traditional competition and profitability are among the biggest challenges for real estate firms.

Against this backdrop and for the third year in a row, a vast majority of firms are optimistic about the future. While muted compared to last year, firms remain confident and expect profitability to stay level or increase over the next year. 

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