• Real estate and journalism struggle with a similar trade vs. profession debate.
  • If journalism's professional body were more willing to enforce its ethical code, the industry as a whole would be better off.
  • Real estate can learn from journalism by cultivating skills that can't be replaced by technology and by enhancing transparency.

Luxury Connect
Meet the Luxury Leaders | October 19-20 | Beverly Hills

When my Journalism 101 professor first raised the "trade vs. profession" question, I was surprised by the very existence of the debate.He explained that trades and professions used to be defined according to whether one was manual labor and the other required a college degree -- blue-collar vs. white-collar; essentially a class divide -- but in recent years, the lines have blurred. It's no longer as easy to define a trade vs. a profession according to class.So he asked us whether we thought we were training for a trade or a for a profession.After all, he reminded us, one does not need a degree to be a journalist. There are laws regulating libel and individual privacy, and journalists are expected to comply with those, but there is no professional standards organization, no...