Information overload

From The Real Deal

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NEW YORK — The real estate industry is awash in information, from blogs to market reports, and brokers are increasingly the ones left to figure out what makes sense, for themselves and their clients.

It can make them smarter and better brokers — or leave them more confused.

"It’s difficult to gauge what’s important, what’s not important, what’s accurate, what’s not accurate," said Leonard Steinberg, managing director at Prudential Douglas Elliman, who has written about the overload phenomenon in his monthly newsletter, "Luxury Letter."