Longtime real estate pro on what's hot about Ann Arbor's future.

RESIDENTIAL real estate; PROPERTY rights; REAL estate sales; SALES contracts; REAL property

Sandi Smith, the president, broker, and co-owner of Trillium Real Estate in Ann Arbor, has been involved in the city's real estate market for over 38 years. She has witnessed the ongoing evolution of Ann Arbor into a more vertical city and is working to assist the industry during this period of change. Smith believes that Ann Arbor's attractions, such as the University of Michigan, culture, and vibrant downtown, continue to attract people to live and work in the city. She also acknowledges that Ann Arbor is currently underbuilt and experiencing a building boom, which may help bring in more inventory and potentially moderate prices. Smith discusses the impact of new compensation practices for Realtors, emphasizing the need for communication and written agreements between agents and buyers. She expects Ann Arbor to continue growing vertically and believes that changes to zoning codes and transportation corridors will contribute to the city's vibrancy. On a national and state level, Smith highlights the importance of advocacy, maintaining independent contractor status, and providing quality training and data through the MLS. [Extracted from the article]

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