Realty Industry Pressured

April 2, 2005

Highlights form an article originally published in the Milwaukee Journal Sentinel. More indications of change in our industry.

2/5/2005 | The Washington Post: "Realty Industry Feels Pressure"

"Home Buyers Demand Lower Commissions, Better Service"
As reported by Michele Derus, Milwaukee Journal Sentinel

"...the $60 billion question: Can consumers force the residential real estate industry to be cheaper, faster and more transparent?"

"We've got a more focused consumer, and there's more focus on the consumer by alternative business models," Steve Ozonian, executive for Bank of America, said.

"Alternative business models will grow from 1% to as much as 14% by the end of the decade," said Steve Murray, editor of Real Trends."

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