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The office has more or less always served as a home base for real estate brokerages. But it’s never been a place that agents and brokers have been tied to all day.
Between showings, client meetings, inspections and more, agents and brokers have become accustomed to working flexibly in different places and from mobile devices. In the wake of the pandemic largely driving people away from the office altogether, a question on many people’s minds as the country returns to a new normal is, will real estate ever make a full return to the office?
The consensus among those in the industry seems to be, sort-of. The office is still useful and necessary, but how people use it moving forward might not be the same as before the pandemic.
While the future of the real estate industry is uncertain, several experts offered their predictions during the ULI virtual 2021 Spring Meeting, held on May 10-12.
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