With the collapse of the real estate market in the US over the last few years, many real estate schools have had to make significant changes the their business models. Either offering other subjects that are unrelated to real estate, or switching to online based education, their business have definitely had to adjust.
Kevin McQuaid had this to say, in a recent article:
In many cases, real estate schools have lost 50 percent of their revenue, as licensees have allowed their licenses to lapse.
It’s times like these that force good companies to adapt, and kill companies who are ready for the change.
What do you think? You can read Kevin’s article here, or leave me a comment below.