I foresee consolidation in the marketplace, with large, established brokerages reducing overhead while expanding their market service area through selective and remote recruiting, and via strategic acquisitions.

Smaller, independent brokerages shall remain competitive by leveraging technologies that reach consumers online while attracting agents who work from home to service markets. Brokers will offer attractive compensation packages to offset the traditional fancy non-producing office spaces once provided.

In 2007, consumers will clamor for a singular source for property information, and the global winner of this aggregation of MLS data will offer consumers direct access; thus the consumer-driven development of on-demand service providers will emerge for home sales and purchases.

In conclusion, a greater percentage of agents will go the way of the once revered travel agent, thus, brokerage owners must adapt to the current consumer trend and recruit real estate professionals to service consumer mandated markets via online methodologies or bust.