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 Entry

This page contains a single entry by Jim Zellmer published on December 15, 2005 9:49 AM.

The Next Revolution in Interactions was the previous entry in this blog.

Agents Aplenty is the next entry in this blog.

Find recent content on the main index or look in the archives to find all content.