Kevin Romito
Published: 05/31/2012
Posted by: RET Staff

While the real estate industry still maintains a preoccupation with more – more sales people, more listings, more clients, more sales, and ever more services - consumers are focusing on better. "More" is a typical producer/service provider orientation. "Better" is more commonly a consumer perspective.

As human beings and businesses mature, the pursuit of "better" is a natural substitute for the passion of "more." Perhaps it's the process of growing up, learning, becoming more discriminating and maybe growing a little older too. So is the real estate industry really stuck in the adolescent mind-set of just wanting more? The evidence is pretty damning based upon what is measured, what's bragged about and what's recognized, awarded, rewarded and compensated.

Learning from history

If consumers "grow up" and those providing service don't, can consumers outgrow an entire industry? Is there real danger here? Actually it's quite safe... as long as all the service providers continue to play the same game, by the same rules and no one offers a "better" alternative. If every pizza parlor makes pizza essentially the same way then the consumer has little choice, that's just the way it is.