Industry NewsNews Brief

Real estate execs explore ramifications of digital revolution

'Value comes from seeking what's valuable and still scarce'

SAN FRANCISCO -- How can the real estate industry adapt to a world blazing in the early days of its digital revolution with whole new fields of traditional experience, including: the collaborative economy, embodied by the social media-powered taxi service Uber and Airbnb; virtual currency, exemplified by the curious Bitcoin phenomenon; and the remapped concept of social identity in the face of worldwide, instant communication? A roomful of 100-plus prominent real estate industry execs are pondering these ideas, and others, at the CEO Summit emceed by Inman News founder and Publisher Brad Inman, which kicked off Real Estate Connect San Francisco this morning. New York Times deputy tech editor Quentin Hardy jump-started the meeting, designed as a brainstorming session of some of the sharpest and most prominent minds in the residential real estate space (including Coldwell Banker Real Estate CEO Budge Huskey, Trulia CEO Pete Flint, realtor.com President Errol Samuelson, Houston As...