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You may agree with me that real estate is peoples' business that is why many agencies are out there especially governmental bodies, issue out policies affecting the industries in order to protect the general public, such as competition, professional ethic violations, technological changes, government policies, labor, legal or litigation issues, environmental issues, agency agreements and independent contract agreement. These are few issues to mention that affect the industry.
Competitions: According to Guralnick (1970), competition is the act of rivalry 2. a contest or
match, 3. rivalry in business as for customers or for markets...
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