1Q2018 / WK 5-8: #ICNY18 featured Inman 10x10 sessions, now #RE2020 assembling Top 20 using @MITxULab framework
Emerging: Antitrust workshop hosted by DOJ & FTC hosting will be leveraged to create awareness of Real Estate as Sleeping Giant of Consumer Movement
Notes
Does real estate industry face an existential threat? Used Pete Flint's prediction & reference to TechTsunami to respond to 1st national article on MarketWatch:
Add comments from Tweet & Future of Real Estate post to MarketWatch thread:
Realtors will soon be free of 10-year-old Justice Department decree — so what happens to housing now?
Real estate traditionalists worry about technology, but upstarts haven’t been much of a rival to the mammoth Multiple Listing Service
Key excerpts:
The 2008 settlement was designed to last for 10 years, and as its Nov. 18 expiration draws closer, it’s rallying real-estate market participants and their representatives in Washington to re-assess the state of the industry and consider what comes next. Two members of Congress have written to Justice and the FTC to request that they consider extending the 10-year consent decree, and may hold hearings.
Brobeck needs to talk to Pete Flint, so do we!
But 10 years on, those worries have abated. “The traditional brokers thought that the technology was going to be extraordinarily disruptive, but it hasn’t,” Brobeck told MarketWatch. “The Redfins of the world do not pose an existential threat to the traditional industry. That’s the surprise.”
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Monthly Mind
Sleeping giant moving, corresponding with both @ConsumerFed & Ralph Nader team at @CSRL
Meetings with elected officials in Mass, city councilors in Cambridge & Somerville, as well as state reps -- one calling for #RETownHall, others developing #HackHousing event