Homes Are Not Birkin Bags. Stop Treating Them Like One.
At The Real Deal's NYC Forum last week, Corcoran CEO Pam Liebman and Brown Harris Stevens CEO Bess Freedman got into it over private listings. Freedman has been vocal: get listings on the open market, share them across brokerages, let buyers see the data. Liebman pushed back with a now-infamous line. Freedman compared days-on-market to the odometer on a used car, Liebman rejected the analogy, comparing buying a home to shopping for an Hermès bag.