Alan Greenspan once said that the fastest route to greater efficiencies is through a recession. His point – that improvements only occur when “necessity” makes them happen – is something that real estate professionals can no longer pretend isn’t happening. It has been almost three years of the “slowdown.” What will it take to turn around the market?

The starting-point to fix a market is at the smallest level. In real estate, that means fixing listings. By changing the standard of listing practices, brokers can address two other broken areas of the business: agent performance and days-on-market. Read More