I had the privilege of moderating a panel stuffed to the gills with creative, talented real estate professionals yesterday at the Dallas Builders Association’s luncheon. The panel, featuring some of the top disruptors in the industry, had a lively discussion with one overarching theme: there’s room for everyone in this new playing field for the real estate industry.
Panelists included Swathy Prithivy of Opendoor, Janelle Alcantara of Galaxy Modern, Becky Frey of Compass, Door founder Alex Doubet, and Beth Johnson of Keller Williams. It was a fascinating discussion, with several juicy takeaways. Namely, Doubet predicted that the data indicates that at some point, the last vestiges of traditional model of real estate will disappear. If that’s not a clarion call for the industry, I don’t know what is!
The three full-service Realtors — Alcantara, Frey, and Johnson — stressed that while they felt there is a need for all three models presented at the panel — full service, iBuyer, and flat fee — there will always be a need for a good Realtor that knows the turf, has intimate knowledge of what is selling there regardless of whether it was on MLS or not, and that will advocate for their client.
To get all the best tidbits from these ground-breaking movers and shakers, view the video from our live broadcast now: