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  • Blawgs by REALonomics.net
Next to email, blogging is the fastest growing Internet communication model and is ramping up by astronomical leaps and bounds. Growth, for now, is cult-like and unabated."? What does this mean to broker/owners and the industry at large?

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  • bloated

REALonomics believes the real estate industry is bloated from an economic standpoint."? Do you"?? Do we have too many people in our labor force? We are a"?national industries that doesn't feel the need to lay off people in order to improve our economic performance."? Why"?? I know, I know, you're going to tell me it takes care of itself, naturally, by attrition and the survival of the strong...something akin to big fish eating little fish.

The REALonomics response? No, it doesn't simply take care of itself. No other industry simply allows natural attrition as a means of managing ROI during an economic downturn."? Could you imagine Boeing Corporation, IBM or any other business"?adopting such a position"?? Is the traditional real estate brokerage"?model a business that"?can escape the razors edge in this, the Third Economic"?Era of the real estate industry"?? We concur with John Tuccillo, the prospects of a recession are becoming a potential threat with each new economic downturn.

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  • Future Questions

REALonomics believes that 2007 will emerge as perhaps the most significant year of change in the real estate industry. Disruption of traditional models is no longer a topic for isolated discussion among the fringe lunatic wing of the industry.

Yes, I know, REALonomics and other industry voices, were once in the "flake" category."?The qualified and informed"?voices"?once labeled "fringe" have been gaining a growing audience and some traction, if only because"?the predictions are slapping us across the chops.

With '07 scarcely a few hours hence, REALonomics has assembled its own set of industry"? Dream Resolutions for 2007.

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  • Time Person of the Year 2006

It's official. According to Time Magazine, YOU (as in you, me, he, her, she, him) are the 2006 Person of the Year!

Empowered by the World Wide Web (WWW), a.k.a., the Internet, the Consumer-Centric Era is the zone of personal empowerment and the democratization of self via the blogosphere and Napster-like peep-to-peer portals. Millions upon millions of consumers now wield the power of ONE, exponentially extrapolated into near infinity.

According to Time Magazine YOU is the euphemism for an all powerful consumer who shapes personal and corporate outcomes. What does Time's proclamation mean to the future shape of the real estate industry?

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