April 23, 2014
Little Firms Becoming a Rare Breed
Philadelphia Sunday Inquirer | (excerpt)
The traditional mom-and-pop real estate offices are disappearing from city and suburban neighborhoods because they can neither specialize nor be all things to all people. To survive in the highly competitive market of the ’90’s, a real estate firm needs to be either a highly capitalized and diversified giant like Weichert and Prudential, or a highly specialized, tightly run, and well-managed boutique firm, such as Allan Domb Real Estate in Center City, or Hunter, Reed and Company Inc in Unionville …