If you have not yet read this Rob Hahn blog, you really should do so now.
Instead of blogging about this message, you can read my comment at the end of Rob’s article.
I can vividly recall the day when the brokerage industry learned that Zillow had obtained a real estate brokers license in all States. Rumors tore through the industry that Zillow as indeed going to “get into the business” and that its advertising and media businesses were not the true and core reason that they entered the industry. Since that time, Zillow has experienced significant growth in its media business, but as is true with all such things in business, that segment of its business has recently slowed to an estimated rate of only 2% growth.
In times of change, the discussion of the impact of change becomes much more frequent.
The link to the message made below is one that has resonated throughout this industry for decades. No matter how busy you are now as you read this email, I highly suggest that you take 12 minutes and to listen to this speech.