New business models are banking on “Full Service” REALTORS becoming functionally obsolete.
Most Brokers and Full Service agents brush this aside as a probable “Flash in the pan”, but what if they’re wrong?
Heck! Wall Street is either nuts or BRILLIANT.
How could this be?
REALLY? Redfin is worth $2 BILLION?
It’s only worth $2B because Wall Street says it is . . . That number is not based on ANY performance measures or realistic profitability projections.
This is gambling writ LARGE!
I do concede that there is room for the Redfin model in the industry, but don’t forget there are plenty of Baby Boomers who will live another 25+ years.
Fascinating, and I’m Watching . . .
What’s YOUR take on this?
I’d love to hear any thoughts or comments.
Happy Hump Day!