Real estate agents and used car sellers will suffer greatly as a result of the new legislation.
According to Meta, “Free personal listings for vehicle and property listings will continue to be offered on the Facebook Marketplace beyond January 30, 2023, when Meta will no longer support sellers’ ability to establish listings for automobiles and properties via the Facebook Business Page.” “We are merely altering how inventory is shown going forward.
“If you’ve ever been looking for a used automobile online, you’ve probably come across somebody asking $1 for the car in an attempt to catch your attention. Meta defended her choice as seeking to eliminate the deceptive dealer lists that confuse customers on sales platforms.
One of the tools that allows Facebook users to buy and sell goods is called “Market Place,” and it offers a solution to anyone who wants to sell something they have. On the other hand, it also offers a solution to anyone who wants to enter the world of e-commerce for free, as many commercial agents have been successful in making thousands of sales and tens of thousands of dollars in profits.
Recently, as the recession that hit the global economy and labour markets met with a boom in e-commerce, the profit from “Facebook” spread through the market for selling products, especially with the labour markets stopping in conjunction with the solutions of the Corona pandemic and then the Russian-Ukrainian war.
“Facebook” was one of the most significant marketplaces that many people accepted to buy their varied needs for themselves, and it developed into a market that could be relied upon to successfully sell a variety of goods and increase sales for commercial agents.
Facebook dealt car dealers and real estate agents a hard blow… No advertising are present.
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