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Longevity and the Pompous Gloating of the Immediate Moment

By
Real Estate Agent with Homesmart

There was an old microfiche machine at my office when I started in this business.  It would be awhile before plat maps went online.  The Mr. Coffee next to the old Xerox copier had yet to be replaced by the single-shot vacuum pack machination that would allow agents to select from a variety of roasts.  The office itself teemed with Real Estate synergy as the exodus to the home office wouldn't begin in earnest for another five years or so. 

Against the backdrop of what is now considered the Neolithic Era of the Real Estate Industry, those pioneers who embraced the radical technological advancements of email and personal websites scoffed at the hopelessly crude tools of the trade still wielded by the Paleolithic holdovers from days gone by.  Quick to shovel dirt on the shallow graves these dinosaurs had themselves seemingly dug by ignoring the advancing world around them, the younger set was highly amused by one agent in particular who still used the rickety old typewriter in the work room for personal correspondence. 

While derision for the curmudgeon's refusal to keep up with the times was less hostile than affectionate, that lone typewriter signaled, for many, the functional obsolescence of more than merely the machine itself.  The sooner we could put that beast of burden out to pasture, the sooner our brokerage would live up to its reputation as industry leader within the Phoenix market.  It's a competitive world out there, and you can't rest on yesterday's laurels if you wish to stay relevent, after all.  To stay on that cutting edge, you must do some cutting.  Though it was never verbalized, the insinuation that both man and machine should succumb gracefully to the scrap heap to make way for the new breed was palpable.

That was just over ten years ago.  The typewriter is gone, but the agent remains.  Was there a sudden epiphany about the direction of the business and a need to be at the forefront of the technological revolution?  Certainly not.  We simply dragged the typewriter outside one day after an office vote and beat the thing back into the Stone Age.  Left with little alternative, the old guy grudgingly learned how to email and even used the fax machine on occasion.  But websites?  Search engine optimization?  Let the hotshots figure that nonsense out.  He would rather sell Real Estate than hop on every new trend.

And he did.  One of the most successful agents in our brokerage, he pretty much sticks to managing his own investments at this point.  Investments cultivated during the bust years.  Remember when everyone was ditching their land holdings in the ‘80s as values tanked and interest rates spiked simultaneously?  He held on.  Remember the stagflation of the ‘70s?  He amassed quite a portfolio amidst those treacherous market forces. 

The man simply knows Real Estate. 

Dinosaurs get to be dinosaurs in this business for a reason.  In an industry that has more attrition than the lineup for Guns ‘N Roses, only those who have the market cornered on business acumen and opportunistic savvy linger long enough to be subjected to the ignominious rebukes and condescension of the next generation.  Those of us who would spread our peacock feathers to boast of our rising profiles in comparison to the sagging numbers of our predecessors would be better served to squeeze every last drop of knowledge and advice from their battle-tested minds. 

So we are the big dogs today.  Big deal.  This porch has been occupied by far better agents in years past.  Agents that made presentations face to face instead of via email and fax.  Agents who actually employed salesmanship and personal skills to seal transactions versus simply heaping reams of readily available data upon their subjects.  Agents who can recognize the oncoming booms and busts because they have experienced these cycles many times over.  Agents who have thrived in the face of all manner of advancing technologies (for those who would assert otherwise, technology didn't just suddenly appear post 2000).  Agents who know what works for their business and what does not.  Agents who do not confuse the tools of selling Real Estate with the actual business of selling Real Estate. 

Like those ancient machines that once inhabited our offices paved the way for the next generation of technology, so have those who plied their abilities in days of yore been pre-requiste for the current crop of agents.  We have gotten to where we are now on the backs of our predecessors.  Ironically, some would deign to call the older generation of agents blind to new technology while not recognizing their own limited sight.  Such hasty and dismissive judgment renders one blind to the positive attributes that have crafted long, successful careers.  Any comet can streak brightly across the sky for a short period of time.  The trick is in maintaining a lifespan past the initial fluorescent brilliance.

The more I think about it, the more I find the term "dinosaur" to be quite appropriate.  As opposed to those who throw it about with such arrogance and disdain, however, I liken it more to the way many productive old timers will eventually leave the industry.  Forget the magic bullet of SEO, blogging or any other marketing flavor of the month; it's going to take nothing short of a meteor strike to kill those careers.  Instead of chastising these agents for what they are not, I seek to absorb what they are in vain attempt to distill the core secret to their longevity down to its very essence.  I would recommend some of the more vocal online detractors of our industry elders do the same.  We should all be so lucky to stick around long enough to earn such scorn.

Funny thing, but about 75% of the agents who mocked that agent ten years ago are nowhere to be found today; knocked off their lofty perches by a brutal market they didn't see coming.  Meanwhile, he keeps on keeping on, trying to figure out how to change the ribbon on the office PC.  Try not to feel too sorry for him as he outlasts the next wave of revolutionaries with quaint designs on yet another industry coup d'etat.

Comments (123)

Sue Ellis
BHHS Florida Properties Group - Clearwater, FL
We have an agent in our office who still uses a typewriter (for personal correspondence only) and I crack up whenever I hear him typing away on it. He has embraced current technology for the most part and does have good advice and insight to give to some of the "newer" agents. But I still laugh when I hear the typewriter....
Sep 06, 2009 04:25 PM
Amanda Evans
DFW Living - Fort Worth, TX
Real Estate Broker - Fort Worth Texas
Dinosaur or Captains of industry? The smart kids know to shut up and listen long enough to learn the dfference. Well deserved feature, Paul.
Sep 06, 2009 04:28 PM
Gwen Daubenmeyer
RE/Max Defined - Oakland Township, MI
We help people buy and sell great homes in Oakland

Great post! I had the misfortune of observing the rise and fall of a hot-shot, twenty-techo-something, in my office. The crash and burn was both ugly and unnecessary. If he had only learned the art of negotiating as well as he knew his social media, he may have been able to call himself a dinosaur one day! I tweeted a warning but was ignored. In all things moderation...this includes technology. We all need 'just enough'.

Sep 06, 2009 10:12 PM
Don Anthony
Don Anthony Realty ~ www.DonAnthonyRealty.com - Charlotte, NC
Charlotte & Triangle NC Discount Realtor

Very well written post, as I enjoyed reading it.  With so many people in this business and even more of a variety of clients needing our services, there will always be a variety of agents out there.  Some will be ultra-tech savvy and some will not.  Those clients who embrace technology will probably not be attracted to someone who does not "speak their language", while others may be more interested in the years of experience that agent brings to the table.  Different strokes for different folks as they say. 

Don Anthony Realty Signature - www.DonAnthonyRealty.com

Sep 07, 2009 01:12 AM
Kathy Opatka
RE/MAX CROSSROADS - Ocean City, MD
Serving Ocean City, MD, & The Delaware Beaches

Yeah for the OLD GUY!!!  Glad he's still hanging on! I hope I'm as wise as he is!

Sep 07, 2009 04:13 AM
Anonymous
Pam Canova

Wow!  You have quite an impressive vocabulary, and I say that as a former English teacher.  Good for you.  As a bit of a curmudgeon myself, I still believe in embracing the new technology.  It provides a mental challenge that I need at my age.

Sep 07, 2009 04:35 AM
#110
Paul Heim
New ViewReal Estate Team - Silvercreek Realty Group - Idaho City, ID
Paul

There are some things that only time can teach.  I once heard an old successful fella say 'I don't much like to mentor, but if you hang around me long enough, you'll learn everything you need to be successful'.  When I have someone that wants mentoring I first buy them a copy of the book 'How to win friends and influence people'.  Very old school, but tried and true.  Sales is about self development, the better you develop yourself as a person the better you will sell.  The product is just semantics.  Now the future agent will need to start now how to be a good balance of all skills; knowledge, understanding people, how to determine needs and wants and last but surely not least, technology.

Sep 07, 2009 06:16 AM
Dave Meyer
Remax Real Estate Services - San Jose, CA
Said with class and dignity as opposed to some recent postings. There is NO substitute for experience. No matter how much technology we apply, it still always distills down to an actual live conversation with a person and that's when they discover the true level of our expertise (or lack of) and you can't then hide under the Facebooks, Twitters, blogs, etc. etc. etc. Most folks hire those of us that they have somehow come to know and trust and personally I can't make that leap from getting a ton of e mails or "Tweets" or property blasts. To me that is the brute force approach meaning throw as much stuff at the wall as you can and see what sticks. I as a customer prefer to be one of the few, not the many and I pick my clients the same way. Many a relationship or project has been inadvertantly undone or permanently damaged by a misunderstood, poorly timed or out of context e mail comment. The biggest issue today as far as using technology is that there is now so much available information out there that the major and extremely time consuming task has become weeding out the good and useful from the very loud background noise. Anybody can and will post anything at any given time. FYI, I'm not in the "dinosaur" category and I do get business from technology. I started in the business in 02. I have a website, use Active Rain, Linked In and the many online resources offerred by the CCIM Institute, MLS and other fine industry organizations but I have to admit that I neglect them all terribly because I continually fall back on just picking up the phone and calling people. It works fine and always will.
Sep 07, 2009 07:19 AM
Paul Slaybaugh
Homesmart - Scottsdale, AZ
Scottsdale, AZ Real Estate

Suffice it to say, I let a pile-up unfold on my blog without being present to help direct traffic.  Some interesting thoughts all the way through the comment stream that I still intend to address as time permits.  Thanks for all of your thoughts.  Some sage words all the way through from some unlikely sources.  Not everyone who embraces the new does so to the neglect of the old.  Refreshing to see.  Happy Labor Day, all.

Sep 07, 2009 08:50 AM
Jackie - computer-training-atlanta.com
770.498.7333 - Atlanta, GA
Learn to leverage technology to get more done.

Paul - Your post is full of wisdom, especially nuggets like this "would be better served to squeeze every last drop of knowledge and advice from their battle-tested minds" I think it boils down to doing what works. If someone has a way of doing business that works for them, great! But if they are sitting there with no business at all, it would be sensible to look into what new technology can do. 

Sep 07, 2009 10:49 AM
Rajeev Narula
iPRO REALTY LTD.,Brokerage - Mississauga, ON
My Services Are All About You!

One of the best and thought provoking posts I have come across on AR.

Thank you Paul for this masterpiece.

Sep 07, 2009 03:14 PM
Christine Donovan
Donovan Blatt Realty - Costa Mesa, CA
Broker/Attorney 714-319-9751 DRE01267479 - Costa M

There's so much for us to learn from these "dinosaurs". I'm fortunate that my mother has been in mortgages and the real estate business for over 30 years. I  have no qualms about asking for her advice, and she comes to me for the more technological side of it.  It works well for both of us.

Sep 07, 2009 04:05 PM
William James Walton Sr.
WEICHERT, REALTORS® - Briotti Group - Waterbury, CT
Greater Waterbury Real Estate

What can I possibly say, except that you are right. I certainly don't intend to be one of those "young whipper snappers" who denigrate the experienced agents...far from it. And I most certainly intend to squeeze every last drop of knowledge from their battle tested minds. Can awesome posts like this be double featured? Maybe you might want to repeat this at a latter date...

Sep 08, 2009 04:18 AM
Marty Erlandson
Erlandson Realty - La Crosse, WI
This post is very against the grain of most on ActiveRain. Everybody keeps talking about Facebook, Tweeter, and blog, blog, blah. I'm willing to bet the best agents in any market or area are time-tested agents who know the business like the back of their hand instead of us 'technology gurus'.
Sep 08, 2009 09:44 AM
Amy O'Laughlin
Broken Arrow, OK

That is a well-written post.  I had to laugh about the dinosaur trying to change the ribbon on the PC, though!  Which brought to mind...we had a receptionist once, (in the younger generation) who maybe hadn't ever seen a typewriter before-let alone actually touched one of the old relics-and...even though the correction ribbon was in place and ready to go (it wasn't the antique kind of relic)...she had been using white-out to correct her mistakes, and it was caked up all over the place!  (I'm laughing with her...)  I showed her where to find the correction key.

Microfiche and old books were how I started in the title business, and it's sometimes even still necessary, and faster, than pouring over the books at the Recorder's office...but that wasn't really so long ago (was it?).  And no matter how much technology comes along for title insurance, there will always be a need for somone to actually examine the documents to check for errors-we will need the dinosaurs to show the newcomers the way! 

Sep 08, 2009 09:48 AM
Donne Knudsen
Los Angeles & Ventura Counties in CA - Simi Valley, CA
CalState Realty Services

Paul - What a great post!  Had me LMAO all the way from "We simply dragged the typewriter outside one day after an office vote and beat the thing back into the Stone Age" to "Meanwhile, he keeps on keeping on, trying to figure out how to change the ribbon on the office PC" (as well as all the comments).

What else can I add other than I too enjoy talking to the "dinosaurs" sometimes.  I recently had a really great conversation with a "dinosaur" underwriter.  What a fascinating experience that was to talk to someone like that.  I even learned some new things from her as well (never turn you nose at tips from an underwriter on how to get your loan done right).

Anyway, she was very pleasant to speak with and I respect her very much for her knowledge and wisdom.

Sep 09, 2009 11:18 AM
Liz Moras Migic
Chilliwack, BC
Chilliwack, British Columbia - Realtor
  • Well in that case - i'd like to consider myself a brontasaurus X :-)
Sep 10, 2009 01:12 PM
Judi Abbott
CENTURY 21 Lois Lauer Realty - Redlands, CA

Maybe that Dinosaur knows plenty we young whippersnappers don't.  For instance the top of the line, cutting edge, do it all data system at our office crashed and burned this week!  Many are still hysterically searching for names & phone numbers and contract tracking reports as the IT heads try to restore what we can no longer function without.  I love my big fat paper backup files!

Sep 11, 2009 09:05 AM
Gary Miljour
American Financial Network, Inc. NMLS#207208 - Southern Pines, NC
Mortgage Originator NMLS Licensed in AZ and NC

Paul,

Wow,

Probably late to the comment board, but what a great post.

Its funny we have a guy in my office that some would call the dinosaur for the ways he put his loans together.  I go to this guy almost daily now for great advice. 

Funny how life does a 360.  Thanks for sharing. 

Sep 29, 2009 09:10 PM
Heather Tawes Nelson
Live Better in Arizona - Scottsdale, AZ
Associate Broker, ABR, CLHMS, CRS - Scottsdale, AZ

Hi Paul - I always enjoy reading your posts and this one was no exception. With technology advancing as quickly as it is today, it is tough to try and stay on top of everything - no matter how open (or not) you are to all of the changes. Thanks!

Oct 30, 2009 04:58 PM