Berkshire Hathaway HomeServices - or any other "premium franchise brand" - could change the game of real estate....but they won't. Why? Because the existing model is very profitable, and there is no threat from outside. An example of how the existing model works: A...
Commission War
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Berky’s RE = Status Quo
Berkshire Hathaway has partnered with Brookfield to create Berkshire Hathaway HomeServices, a "new premium franchise brand", according to their blog's announcement. They and others are claiming that it will be a real game-changer, with Prudential California Realty's...
Real Estate IPOs
When the commission war starts, how will these guys survive? They are heavily in debt, and now that they are slaves to the shareholders they won't be able to adjust. Why do you think they IPO'd? Hat tip to daytrip for sending this in: Realogy (NYSE: RLGY ) dared...