John A. Daugherty, Jr. Teaches Class at Rice University

In the JDR tradition of community involvement, John Daugherty was invited to teach at Rice University for the fifth year running. Taught in Rice’s prestigious Jones Business School, the Real Estate Development class is offered to second-year MBA candidates.

To promote the importance of the professional real estate agent, John Daugherty pointedly recalled earlier, less expeditious times. Mr. Daugherty recollected an era when Realtors were required to await the arrival of the MLS book in contrast to the spontaneity of today’s MLS system, providing immediate access to the constantly occurring changes. But while Mr.

Daugherty offered praise for today’s new and instantaneous technologies, he counseled the continued value of firms like JDR. He made the point that despite the Web’s impact on the real estate market agents are still vital to the buyer to help them find the right property.

Mr. Daugherty stressed JDR’s commitment to the continued use of technology as a marketing and networking tool and underscored the importance and vitality of the professional agent, an importance that with the advent of current and future new technologies has made the real estate agent even more necessary to the market today.