Betting against Homestore is like betting against Mom, Apple Pie and America itself, right?
Geez. Actually, it's betting against a sham, a cynical pretense by the Realtors Association to take home selling onto the web.
The truth is, the realtor profession has nothing, ZERO, to gain from any movement of home sales to the net. Just like car dealers. Competition is bad for profits.
The real agenda is to block that from happening and to preserve a lucrative, closed, high-commission entrenched business. Homestore is intended to control and monopolize the chokepoint, and thereby prevent any real change.
So, since it's a sham, it's a pretty good bet that it won't exactly prove to be a dynamic growth business going forward. |
