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Banks in Real Estate


The banking industry may be moving into the real estate industry.

Several large financial services holding companies will quickly dominate our industry by buying up brokerages or driving others out of business. If they follow the same strategy as they have in insurance and securities, as few as ten banks could soon control a significant portion of the real estate brokerage, relocation and management businesses and change our industry forever.

What could this mean for the future of your business?

Read the National Association of REALTORS®
Talking Points on the Federal Reserve Board/Treasury Rule (135k)

Go to the National Association of REALTORS® Banks in Real Estate section on REALTOR.org.

 


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fax: 952.935.3815 | email: info@mnrealtor.com

Last updated 3/8/07

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