Executive Summary: Reshaping the Industry The Dynamic Dozen The Uncertain National Landscape Conclusion: New Value Propositions Real estate is converging on a mobile, social, local platform. The real estate market in the next few years will be influenced by the national economic landscape. All industry participants must reexamine their value proposition to meet the needs of their customers. Mobile Consumer Motivation Social Public Trust Local Agent Ratings Data Company Presence “Splinternet” Collaboration The Cloud A New Generation Business Recovery, Government Intervention, Risk Tolerance,Credit Availability, Consumer Confidence, Housing Starts, Commercial Real Estate, Foreclosures/Short Sales, Mortgage Rates, New Mortgage Products