'Lion' fear was overblown, says Bill Chee

Bill Chee, former NAR president, speaks Thursday during the Real Estate Connect conference.

SAN FRANCISCO -- Bill Chee, who delivered the famous "lion over the hill" speech in 1993 as president of the National Association of Realtors, said Thursday that hindsight now makes it clear that some past fear about new entrants in the industry was "unwarranted."

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