BrokerageIndustry News

Weeding out industry players

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

Editor's note: This is the second in a four-part series examining what the real estate brokerage industry might look like in the year 2020, based on a survey of Inman News readers. Part I examines potential real estate compensation practices in the next decade. This story, Part II, looks at how the number of industry participants may change in coming years, and trends that will drive the industry in the future. Part III examines how agents envision spending their time in 2020 and the relevancy of brokers, multiple listing services and associations. Part IV peeks into the up-and-coming technology agents and brokers predict will dominate the industry in 2020.The vast majority of industry professionals surveyed by Inman News believe there will be fewer Realtors in 2020 than there are today.The online survey, conducted from Feb. 5 to March 5, asked readers to envision the business of real estate brokerage in the year 2020.Seven questions on the survey focused on the numbe...