OpinionIndustry News

A call for expertise, ‘de-cruiting’ in real estate

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

Editor's note: Inman News is seeking input for our Roadmap to Recovery editorial project, which focuses on the future of the real estate industry. This article features responses to a set of forward-thinking questions posed by Inman News. You can view this list of questions at: Inman.com/Reinventing -- if we publish your responses you win a free pass to the upcoming Real Estate Connect conference (for new registrants only). The following is an Inman News Q&A with Pam O'Connor, president and CEO for Leading Real Estate Companies of the World. Q: How will the real estate industry be different when we recover from the current downturn? Brokerage firms will contract significantly in terms of brick and mortar. A balance will have to be struck between having smaller, well-located facilities for client meetings, support resources and building an "in-person" culture, while not wasting overhead costs -- for space that isn't used -- on telephone sets and lines that have ...