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Michael and Alec thank you for restating earlier quotes I made about education, training and professionalism in our beloved industry. Matt you may enjoy enjoy trend #2 and #1 in the latest 2012 edition of the Swanepoel Trends Report released this month in which those two chapters really delve deep into the structure, value and challenges of MLS and Realtor Associations.
No problem Christopher, I know Realogy is not currently a publically traded company....I was posing a question not making an observation of fact. Lets add a rider to the question that if you bought either you had to hold your position for say 5 years. Would that change your decission which one to buy?
Alec: I've discussed this issue with Stefan Swanepoel many times personally. I've written a bunch of blog posts in which I quote him on this and other closely related topics. You can find many of them at http://pinterest.com/michaelmcclure/raise-the-bar-in-real-estate/. I can promise you that his comment was made from the perspective of fact, not from one of preference. As evidence, here's a quote from Stefan in one of my posts: "I have publicly supported and encouraged a continual uplifting of the educational process and the professionalism of the real estate brokerage industry in most of my last 16 books and reports.. The time has come for a big change. I think a significant “Game Changer” type shift is now required. Otherwise we may, as an industry, slip further and further downhill until one day “others” outside the industry will find a new solution that may not include real estate agents as we know them today."