Pat Kennedy - Your Washington, DC Real Estate Connection

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Borders is closing. And how does this relate to real estate brokerages?

I love book stores, and Borders has been about the biggest book store in this area.  And back when Borders and Barnes and Nobles opened, a lot of people wondered if this was the death knell to the smaller, locally owned book sellers, like Politics and Prose, Olssen's and Kramerbooks. 

And while Politics and Prose, Olssen's and Kramerbooks are still around, Borders is closing it's doors.  In fact, the Friendship Heights store locked up a few months ago.

At the same time the big book stores looked ready to take over in their market places, a lot of real estate "experts" were saying that the future of real estate brokerages probably would see the demise of the locally-owned independents, sort of the real estate equivalent of Politics and Prose. 

But is bigger better, either in book stores or real estate brokerages?  For some readers and real estate agents it might well be.  For others not.

Three of the independents that used to work for were gobbled up by much larger fish, and most of the agents left to work for, um, other smaller, locally-owned independents.

So for me, small, locally owned book stores and small, locally owned brokerages work really well. 

And in real estate, agents have an almost endless choice of business models when they look for a company where they can thrive. 

Comment balloon 26 commentsPatricia Kennedy • July 25 2011 10:32PM
Borders is closing. And how does this relate to real estate…
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I love book stores, and Borders has been about the biggest book store in this area. And back when Borders and Barnes and Nobles opened, a lot of people wondered if this was the death knell to the smaller, locally owned book sellers, like Politics… more