Industry News

MyDealBook CEO urges agents to help price realistically

Future-Proof: Navigate Threats, Seize Opportunities at ICNY 2018 | Jan 22-26 at the Marriott Marquis, Times Square, New York

Ryan Slack is CEO of MyDealBook.com, a social networking site aimed at helping real estate professionals land clients and collaborate on deals. The site launched today with more than 330,000 members. (See Inman News story.) Slack previously was CEO of PropertyShark, a property information site that started in 2003 in New York City and recently expanded to the San Francisco Bay Area. Slack left PropertyShark to run MDB LLC, which acquired MyDealBook.com in March. MDB LLC is a marketing partner of PropertyShark. He will speak at Real Estate Connect in San Francisco, July 23-25, 2008. Slack answered a set of questions posed by Inman News: What do you see happening in the real estate market in 2008? Residential real estate will continue to correct itself with stagnant or lower home prices. Recovery depends upon getting to the bottom as quickly as possible. If sellers hold out, then the stagnation will last longer. Commercial transactions will continue at lower volume com...