BrokerageIndustry News

Agents must sharpen financial skills

Roadmap to Recovery: Donald Teel Q&A, Part II

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

Editor's note: Explore the future form and function of the real estate industry in the Inman News Roadmap to Recovery project. Click here for more details. The following is the second part of an Inman News Q&A with Donald S. Teel is founder, president and CEO for, and editor and senior analyst for REALonomics (read Part 1 here): Q: What technology trends will change the industry in the future? A: We are going to see technology tributaries begin to merge into more single channels that combine the necessary property information and transaction components into new integrated packages that are marketed to consumers. We are close but we are not there yet. We have disjointed informational services that are too proprietary. We are already seeing, however, adoption by local associations of informational services such as paperless transaction-management platforms that are good for the consumer. We need to shove this train down the tracks a little faster by creating...