Real Estate Sales Industry continues to morph

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 . . .

REDFIN Makes Huge Statement to the Industry – National Real Estate Post

What’s YOUR take on this?

I’d love to hear any thoughts or comments.

Happy Hump Day!

Best,

b

Residential Real Estate Principal Broker and Founder of Pareto Realty, LLC. Creating the quintessential real estate firm with emphasis on "Live, Work, & Play" balance . . . and a true Performance Oriented environment for Real Estate Professionals. Serving the Real estate needs of Home Buyers and Sellers in Middle Tennessee.

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Posted in Consumer Blog, Life Rhythm Way, Pareto Realty, Real Estate Professionals
One comment on “Real Estate Sales Industry continues to morph
  1. Let’s do this. Let’s cut them off from scalping our listings for their Redfin website.

    And yes, let me tell you, I would love some absolutely green non-experienced Redfin sales person assisting me with one of the biggest financial decisions I’ll ever make.

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Pareto Realty, LLC - Woodmont Centre - 102 Woodmont BLVD Suite 242 - Nashville, TN 37205 615.502.2080 - Tennessee License #261476