In 2014 hundreds of new regulations created by the CFPB will become law, the majority of Prudential offices will convert to Berkshire Hathaway HomeServices, Redfin will most likely go public, Zillow or Trulia will pull off another astounding acquisition, Keller Williams Realty will pass 100,000 agent count, there will be a race by Realtors® to secure their dot REALTOR® high level domain, RE/MAX will buy back more of its regions, HomeServices of America will add another two great independents to their portfolio, and most agents will have a better year in sales than they did the last two years.
None of this is inside knowledge, merely extrapolations of activities and trends already visible and therefore fairly likely to occur. In this chapter I give you my sense of where things are now and could be going in the future. It’s interesting to make forecasts, even though it’s hard as no one really “knows” the future. Some downplay trend tracking and some just throw out an opinion with unsupported conjecture. Then there are those of us that try our best to help recognize definable footprints that have been created. With meaningful research, analysis, thought, and yes, after two decades, thousands of companies and topics covered, and about a million words written in 25 books/ reports we have shown that we can, with a high level probability, predict what is going to take place.
Author and Editor-in-Chief