Survivor: The Real Estate Game

Overview: You are a contestant in this game, for better or for worse. Survivor: The Real Estate Game isn’t really all that bad, as a matter of fact most participants actually love it. However, everyone will acknowledge that the last few years have been bewildering and predictions are that it is going to become even more perplexing before it gets better. Thanks to the Internet, the confines of time and space have disappeared. Thanks to the NRT bigger means bigger profits. Thanks to the new business models we are have a REMAX-type struggle again. Thanks to the Dot-Commers we now understand that real estate professionals in the future will have to offer more for less. Realtors are not going away. They will not be dis-intermediated. Home buying transactions will always require the “high-touch” component of an effective, well-educated and well-equipped facilitator and negotiator. Remember that none of the new business models are perfect and neither will any one of these business models dominate the industry. They will however contribute significantly to the evolution of the traditional real estate model and ignoring them will leave tire marks over you. Also by adding new business tools that are already available, brokers and agents can prepare themselves and strengthen their business for the changing market.

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Format: HTML | Date: Jan 2003 | Pages: 1