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Realtor Notebook: Roadmap to Recovery

Learn the New Luxury Playbook at Luxury Connect | October 18-19 at the Beverly Hills Hotel

Editor's note: Inman News has embarked on the "Roadmap to Recovery," an editorial project that seeks to engage our readers in a discussion about the future direction of the industry. Click here for more information. There isn't a thing I can do about the economy or about the current housing market. In some parts of town it is grim, and I am not insulated from the suffering of my friends, neighbors and clients. There will be a recovery one day, but I don't know when that day will be, and I need to continue to make a living. There is no doubt that we will see big changes in the real estate industry. It has been changing at a rapid pace during the last few years. The business model I am working under did not exist three years ago, and I have been inventing it as I go. To me, a recovery will look like a more balanced market between buyers and sellers and a slight appreciation in home values each year. A market where entry-level buyers are not priced out of the market a...