How Technology Affects the Game

It has been a wild week in the real estate field, the MLS was recently hit by a cyberattack rendering it incapacitated for over a week now. The MLS is used nationwide and is how real estate listings are made public. In today’s episode, we discuss the cyberattack and how it is currently affecting the real estate industry. 

During our conversation, we dive into the intricacies of the real estate market and how technology has become an integral part of the game. We discuss the potential ramifications of the cyberattack on the MLS and the possible motives. Lastly, we dive into the risk of wire transfers and the need for caution when wiring money in real estate transactions. Tune in as we explore the implications of this cyber attack and discuss the future of technology in the real estate market.

In today’s episode we cover:

• What is the MLS?
• How the cyberattack is affecting real estate
• Potential huge fallout and unforeseen complications of the attack
• Positive and negative impacts of technology in real estate
• Disruption to market statistics and mortgage rates based on interrupted data

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Website: https://therealestateplaybyplay.com