Revolution #1

In case you haven’t noticed, the local MLS is available to the public through literally a hundred if not a thousand websites in your market. In fact, I’d go as far as to say ya can’t swing a dead cat without hittin’ some Realtor’s IDX.

Revolution #2

The agent-centric business model has failed miserably everywhere it’s been tried for the last 40+ years. Get over it. It wasn’t a good idea from day 1. How bright must we be to know that you don’t put worker bees in charge of the hive.

More .... https://agbeat.com/editorials/dual-real-estate-revolutions-gaining-velocity/

and maybe the ACRE consulting model might be the third revolution

Will the real culprit please stand up!

Here are a few links on the financial crisis that maybe of interest to the group.

https://www.billmoyers/content/six-films-on-the-financial-crisis

and  https://sfbayview.com/2012/why-all-the-robosigning

I would highly recommend everyone to take a look at these links, at least the robo-signing article.

There are so many important ideas and concepts in business. Things like strategy, purpose, and passion are integral to success, but none of it really matters without one ingredient – and that’s clarity.

As this year comes to a close, I would just like to share with the rest of the ACRE members, my feelings and thoughts for the coming year.

Here below is from the PCMS blog which I subscribe to.

ACREs should take special note.

In 2012 why don’t you try reinventing business using innovative real estate tools and strategic real estate planning? Here at PCMS, we push our clients to be proactive. We help by reinventing business operations that are outmoded and ineffective. This is how we make our living, so it is critical that we take our own advice.

https://realtyconsults.wordpress.com/2011/12/20/why-we-are-reinventing-business-at-pcmsagain/

This the title of an article from the Wall Street Journal Online. It went on to say that homes listed for sale are down 4.8% from October and 21.3% from a year ago, which right now represents 2.01 million homes.

Back in October that number was 2.1 million, if my math is correct. I believe I posted a similar comment from an article with the 2.1 million figure. But none the less, my question to the real estate professional is, "What does that mean for us? I'd like to know what everyone thinks.

Perspective: Control your own brand, control your own destiny

A big recent news event in real estate was the acquisition of the realty franchisor and relocation division of Prudential Real Estate and Relocation Services by Canada-based Brookfield Residential Property Services.

Brookfield RPS paid between $110 million and $135 million, according to news reports.

Brookfield now franchises every Prudential brokerage office, including about 50,000 agents who work for those brokers. Many of Prudential’s brokers are, in fact, leaders in their respective markets.

Online real estate site Zillow, meanwhile, on the day the acquisition was announced had a market cap on the New York Stock Exchange exceeding $600 million.

To me, this reaffirms that over time, property listings aggregators devalue the business of being a broker-owner, all the while growing their own stature in the industry. 

More https://realtyconsults.wordpress.com/2011/12/20/debating-the-value-of-real-estate-aggregators/

This is a new business model for commercial real estate brokerage however maybe it can be for residential brokers also.

There’s a new commercial real estate brokerage in Southwest Florida — the names and faces will be familiar.

Fort Myers-based Grubb & Ellis | 1st Commercial is no more. In its place is the latest Lee & Associates | Naples-Fort Myers.

Richard Clarke, one of the local brokerage’s owners, said he and his partners jumped from Grubb & Ellis to Newport Beach, Calif.-based Lee & Associates because its decentralized business model makes more sense for them.

More ..... https://www.news-press.com/article/20111205/RE/312050004/New-Naples-Fort-Myers-brokerage-offers-alternative

Thought you might appreciate this.

Drawing from some of the most pivotal points in his life, Steve Jobs, chief executive officer and co-founder of Apple Computer and of Pixar Animation Studios, urged graduates to pursue their dreams and see the opportunities in life's setbacks -- including death itself -- at the university's 114th Commencement on June 12, 2005.

15 minute video of Steve Jobs
https://youtu.be/UF8uR6Z6KLc

"When patterns are broken, new worlds emerge."  -Tuli Kupferburg

Dear ACRE®s:

Of all the industries that are susceptible to complacency, real estate is probably tops. When things are sort of "working" we get into our comfort zone. And folks, yours truly is no different. ACRE® has experienced tremendous growth since it was founded five years ago and while we could continue to do what we've been doing, I believe that in order for ACRE® to not just grow, but rather flourish and become a major force of change in real estate, it's time for a new beginning.

Therefore, after months of contemplation and soul-searching, I've made the difficult, but I believe, right decision to hand the baton of CBW - Chief Bottle Washer, (or for you more formal types, CEO) of ACRE® over to Jennifer Allan-Hagedorn.

I'm very excited about this change. Jennifer's SWS organization aligns and complements the consulting mindset beautifully. As I'm sure that she will detail more, Jennifer has great plans to enlarge the scope and reach of the merged companies while keeping the integrity of ACRE® intact.