BrokerageIndustry News

In 2020, will process replace policy?

Brokerages may become knowledge, information services firms

Editor's note: Inman News is exploring what the next decade may hold for real estate professionals in "2020 Re-Envision: The Future of Real Estate Brokerage," an editorial project that features a survey and related articles. Readers are invited to submit guest essays detailing their vision of the future for the real estate brokerage industry. Send your guest essay to future@inman.com by Feb. 28. When examining something as far as 10 years away, to call it a prediction is a little silly. I prefer to look at exercises such as the 2020 Re-Envision as a "possibilities exercise." Below you will find one possibility of what a real estate services firm might look like in 2020. Since it's only 10 years away I've tried to keep the technology limited to things that already exist (or obvious extensions of existing technology). Instead of technology, I've focused on the organization and profit centers of a fictional real estate brokerage, New Realty LLC. New Realty L...