« The Next Revolution in Interactions | Main | Agents Aplenty »

Peltier: "tremendously inefficient business"

HomeServices CEO Ron Peltier:

"We might be the fat cats now, but there are some big eagles out there flying above us, looking at what we have" Peltier told a startled crowd of about 200 colleagues at a Wisconsin Realtors Association conference. "They're saying, "I'm gonna get a piece of that.' "

The "fat cats" are the nation's 80,000 realty brokerage agencies and 1.3 million realty agents - "a tremendously inefficient business," said Peltier, president and chief executive officer of fast-growing HomeServices of America in Minneapolis. The "big eagles" include banks, title companies, retailers, credit card companies, online entrepreneurs and corporate conglomerates, he said.

About

This page contains a single entry from the blog posted on December 15, 2005 9:49 AM.

The previous post in this blog was The Next Revolution in Interactions.

The next post in this blog is Agents Aplenty.

Many more can be found on the main index page or by looking through the archives.