“Reports of my death are greatly exaggerated,” So quipped Mark Twain after hearing his demise had been published in the New York Times. The same might be said today about the real estate industry. A lot of hullabaloo has been making its way through the web these days - the end of brands, numbered days for independent agents, consumers ready to do it on their own. Trouble is, it’s mostly punditry that supports these assertions. Certainly, real estate brokerage is under a lot of pressure to produce profits, cut costs and improve customer satisfaction these days. Even more likely is the potential for the industry to further downsize, eliminate waste and fracture between awaygrossly inefficient organizational structures and innovative models. But dead?Methinks some people doth protest too much.

 

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Post is included in group: Realtors®
Post is included in group: REALTOR LIFE

5 Comments on Real Estate's Best Days are Ahead

JUL
03
247,314 Points Outside Blog

Maybe, but in a consumer centric world, where the consumer is often more "gifted" in technological advances than the realtor, we do need to recognize that things have changed, and will continue to do so.    The role of the realtor is already vastly different from even 5 years ago.

10:59am • #1
178,248 Points 13 Featured Posts

It is far from dead.  In fact, due to the volume of distressed properties you can certainly make an argument that agents are going to be much more in demand in order to manage the carnage.

12:01pm • #2
179,902 Points 1 Featured Post

Ah yes, a fine fellow he was too.  I grew up within 15 miles of Hannibal which was the nearest city to my home.  And you are certainly right that real estate has not died and never will.

12:21pm • #3
129,764 Points 2 Featured Posts

Not dead, not on life support, not even on oxygen, just realizing that maybe our last physical was not our best and the doctor has strongly suggested we change our lifestyle and maybe get out there and exercise a bit more. (or was that what my doctor said to me?)

Our business needs to make a slight evolution, but we will get through this.

1:47pm • #4
JUL
05
103,094 Points

I have got to agree with your premise.  Real Estate IS NOT DEAD.  As difficult as this is to accept, the current problems in the marketplace are "corrections".  Every market must undergo correction from time to time so that "the ship gets righted". 

8:45am • #5

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