Industry News

Patching up a house divided

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

Curtain call and lights grow dim Tragedy, love all lie within Each player takes his chance to play And lives to fight another day --The Damned, 1977 Our industry had its heyday. Business boomed. Organization memberships ascended. Buyers flocked. Sellers scored. The economy rocked. Good times rolled. But that's over. And the haze of 10 years of real estate's sex, drugs and rock and roll has lifted. The hotel room is trashed. Many of you are burnt out. Some will never be the same. And what's left is … A house divided Let's not beat around the bush. There are deep issues festering in real estate. I've addressed some of them: The disconnect between the industry and the consumer. The barricades thrown up against discounters and alternative models. The 100-year war for control. But brewing deep in the pit, at the bottom of it all, is a "War of the Roses" between real estate agents and brokers. A house divided. Michael Do...