RISMedia's Real Estate Magazine

DEC 2012

Real Estate magazine is the industry's leading source for real estate news and information since 1980. Published monthly by RISMedia, Real Estate magazine offers timely and relevant real estate news to the industry's top brokers and agents.

Issue link: http://remag.rismedia.com/i/96060

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8Scene & Heard: RISMedia's 17th Annual Power Full Speed Ahead A s we bring 2012 to a close, there are a few important things we can now put behind us, such as the frenzy of the presidential election…and the worst real estate downturn in recent history. Here's something else we can begin to put behind us: fence-sitting homebuyers. The percentage of Americans who say they are sitting on the sidelines rather than considering buying a house has dropped by more than half, according to an interesting survey from FindLaw.com. Make no mistake—we all understand that there are still steep challenges that lie ahead—especially as we wait at press time for legislative decisions that could have big implications for housing-related tax benefits. However, the growth of positive market indicators—and the end of all that distracting campaign noise—puts us in the perfect position to move full speed ahead into the new year. Apparently, Warren Buffett agrees. In a rare move, Buffett has christened one of the biggest real estate deals in recent history with the Berkshire Hathaway name. For our cover story this month, I reached out to two of our industry's finest—Ron Peltier and Earl Lee—to discuss the details and the philosophy of the new brand, Berkshire Hathaway HomeServices. Find their thoughts on this exciting new venture beginning on page 60. Robert Moline President & Chief Operating Officer HomeServices of America Our Power Brokers are also heading quickly in a positive direction. During our 17th Annual Power Broker Event in Orlando last month, brokers shared countless creative strategies for taking advantage of the recovery in their respective markets. One of my favorite inspirations came from Sherry Chris, who reminded us that innovation is not just about finding the latest tech tool—it needs to be our state of mind. Building a Stron Future for Real We are taking that to heart at RISMedia, and making several, innovative steps as we move into 2013. So, here's to ending 2012 on a positive note and looking brightly to the year ahead. From our RISMedia family to yours, our sincerest wishes for a joyous and peaceful holiday season and a healthy and prosperous new year! John E. Featherston CEO & Publisher Introd Hatha

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