In this video rant, veteran Realtor and long-time REM columnist Barry Lebow says the disrupters in the real estate industry are not coming from outside the industry, but within. He talks about the huge increase in the number of Realtors and the surge of part-timers in the field.
Real estate professionals who are skilled in properly pricing a home and negotiating a sale get no respect in the current market, he says, when it seems everyone is pricing homes well below market value to create multiple offers.
He asks, “What is happening in these insane times as real estate prices continue to escalate and more and more people decide to become Realtors? What will the next three to five years bring?”
Barry Lebow, FRI, ASA, ABR, SRES, IFAS is an active Realtor and highly regarded real estate authority in Canada, now in his 57th year in the profession. Throughout his career, Barry has received numerous accolades from various real estate associations for his exceptional work in the industry. With three recognized appraisal designations, he was an active appraiser for three decades. Barry’s expertise extends to providing expert testimony in approximately 600 trials across North America. Currently, he serves as an active broker at Forest Hill Real Estate Inc. Central, in Toronto. For more information or to get in touch with Barry, visit barrylebow.com.