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10 things you didn’t know about real estate

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

When you hang around the industry long enough, you acquire brain candy well-suited for real estate trivia night or the lobbycon lull. These 10 morsels come from 1862 all the way through the 21st century. While unrelated, they knit together a story of power, influence and big and small scandals leading up to today, a unique moment in history when we have a real estate developer running the country. 1. A play about four real estate salesmen won a Pulitzer Prize Famous playwright David Mamet’s first job was as a clerk in a poorly run real estate office where he watched property salesmen peddle worthless land in Florida and Arizona. That inspired his Pulitzer Prize-winning play, Glengarry Glen Ross, about four agents scrambling for their manager's leads. Mamet's genius came through in his observations about people quietly performing their jobs, routinely facing indignities, as they worked hard to earn a living. 2. The first CEO of realtor.com went to prison In the 1990s, the b...