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NAR = 100 Years Behind the Times?

By
Real Estate Agent with Chase International
Dscn6509Dare I even say this in the presence of other REALTORS? What can I say about the NAR convention? I've never been to one, so I guess it was an accurate glimpse of the state-of-the-industry.

Honestly, I have mixed feelings about the whole thing. For 100 years, NAR has been doing a good job creating and maintaining industry standards, and they've created the REALTOR brand, of which I am proud to be associated with as it does endeavor to provide superior client experience.

That said, this organization is old. And seriously behind the times, it seems. 95% of the people I met in Las Vegas were good people running their businesses in very traditional ways, working hard to make their clients happy. This is admirable, but with all the inefficiencies I see behind the scenes, there's this constant, gnawing feeling that this industry can be done better.

How? I'm not sure. But it eats at me constantly, and I want to figure it out. I want the magic answer. 83% of buyers and sellers are online? No problem, says the average agent, it's covered, I have a template website. Blog? What's that, and why should I care?

Here's a nice wrap-up assembled by Active Rain colleague John Novak, so check it out. The presentations by Seth Godin and Scott Bedbury, not to mention the Active Rain party, made the whole event worthwhile. Too bad I missed the Google/Zillow session... apparently the hordes became hostile with its consumer-centric presenters.

And FYI, in case you weren't aware, Nicaragua is the new hot-spot for US real estate investment.

As for the rest of the sessions I attended, they were a nice refresher on classic sales practices designed to grow my business in the old-school, usual ways. But in the end, I much prefer the smaller conferences like Inman... that's where the future of real estate truly makes its first appearances.

The Active Rainers in this community are way ahead of the game in terms of tapping into those 83% of consumers looking online before they call anyone... but what does this mean for the future of real estate?

Comments(9)

Allen C. Wright
RealtyU - Aliso Viejo, CA
NS, AHS, REPS
Great point ... there are several things that need to be changed
Nov 18, 2007 02:53 PM
John Novak
Keller Williams Realty The Marketplace - Las Vegas, NV
Henderson, Las Vegas and Summerlin Real Estate

Hi Diane - There was an interesting question on Twitter (I believe from Jeff Turner): "Does real estate drive technology, or is technology driving real estate?" I think it is definitely tech driving RE. Online use continues to grow, communication methods change, and it's all coming from the consumer's use of technology.

I also noticed a strong presence from the Central American countries. I've got a whole stack of info to sort through. Thanks for the mention and link!

Nov 18, 2007 04:30 PM
Catherine Sinocruz
Coldwell Banker Select Real Estate - Reno, NV
Broker-Salesperson, ABR, GRI, CRS

Hi Diane,

Thanks for sharing.  Good point about the "behind the scenes inefficiencies".

Catherine 

Nov 19, 2007 03:48 AM
Aziz Abdur-Raoof
RE/MAX Rewards - Columbia, MD
Howard Co. Real Estate Scoop
Catherine - hmmmm .......good points and I think we'll know soon -- say in two years or less.
Nov 19, 2007 04:58 PM
Trent Cluley
Jasper, GA

A refreshing voice.  Thanks for daring.  And I'm sure many actually agree (particularly in this forum).  Will be keeping an eye on you (in the friendly, not-so-creepy, AR favorites and associates way) . . . I'm always in search of kindred non-traditionalists.

Nov 20, 2007 03:02 PM
Israel Rothman - upLog.org
SocialMediaSystems.com - Boerne, TX
Absolutely NAR is an outdated institution which is too politically motivated to change quick enough, a good-old-boys club of dinasours!
Nov 25, 2007 04:16 AM
Lucky Lang
Premiere Plus Realty Marco Island - Marco Island, FL
Marco Island & Naples Florida Real Estate

Diane,

I finally got those names up that you helped me with.

Thanks,

Lucky :)

Nov 30, 2007 01:37 PM
Gary Woltal
Keller Williams Realty - Flower Mound, TX
Assoc. Broker Realtor SFR Dallas Ft. Worth
Diane, you echo exactly how I feel about too many in real estate who won't move into the 21st century. When many don't even know what a blog is, it amazes me. How about more technology savvy ways to reach buyers. Reach them where they are coming from. Print media targeted at older buyers, video and text messaging and blogs for younger buyers. I'm very glad you succinctly summarized your observations. It's about time to move forward a little faster. Maybe you should run for President of NAR?
Dec 09, 2007 03:51 AM
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

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