Interactive
June 12, 2001

Response To: The Changing Real Estate Industry (Blanche Evans - 06/11/2001)
Main Topic:

The Changing Real Estate Industry


A New Age Of Oligarchy "NOT"
Posted By: Sam Valenti - 06/12/2001 11:32 AM

If we attempt to thoughtfully define the meaning of our age, we are faced with increasingly overwhelming amounts of diverse information. Add to that the new transformational reality that for the first time in the history of man, social, political, religious, economic, and technological change is taking place simultaneously in every country on earth. Then radically speed up this mix with the introduction and application of an extensive high speed fibre optic cable infrastructure enabling broadband communications,
and the result is an altered environment of hyper creativity, innovation and change. Hyperspeed will disengage us from the past and propel us toward the future. Electronic connectivity will sustain the acceleration and lead us into hyperculture. It is here that the edges begin to blur and traditional definitions erode. From this state of breakdown and chaos a breakthrough to a new order will emerge. As this boundaryless environment emerges, the control of governments, corporations, and bureaucracies diminishes in favor of individual power. Turbulance now becomes the norm and new leadership styles based upon decentralization of power beg to be advanced. Those organizations that have narrowcasted their vision by continuing to practice the old industrial age oligarchial leadership styles will face serious growth barriers and will likely lead to failure in the new age, whereas the new transformational leadership styles founded upon decentralization of power will experience a healthy new foundation for growth in the 21st Century. This leadership model allows the evolution of a new vision, and vision creates order out of chaos. Those organizations who embrace the new thinking and succeed in leading creative professional intellect will emerge as the leaders of the new and continuously evolving real estate business paradigms.

The aggregation of a few brokers at the exclusion of agents, trainers, writers, software developers, internet specialists and a host of other real estate related participants is less than a half-measure of effort, and in this writers opinion an attempt to apply oligarchical leadership managed by the few from the top, with few opportunities for member participation from below, and is directed by and for the most privileged of its members, the brokers. This participation gap makes the conclusions of the study suspect, probably invalid, and the object of criticism and close scruitiny. The idea of oligarchy is wrong-headed for the new age.