FIRST they came for the taxis ...
Last week, the biggest names in Australian real estate joined Sir Richard Branson in Brisbane to discuss the future of the industry.
The key theme? Real estate is a “ticking time bomb waiting to be decimated by an outside force”. According to a recent mystery shop, “less than 20 per cent of agents chosen at random in any way came close to showing value for their $10,000-$15,000 commissions”.
“Is this industry just a sitting duck waiting to be picked off by a well-trained sniper?” was the question posed by the Titans of Real Estate conference to its line-up of heavyweight speakers.