User129683_1_t Portsmouth NH Real Estate Agent - Rebecca Skane
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darwinI may be a real estate agent, but I graduated college with a Bachelor's of the Arts Degree with a focus in biology.  I studied molecular biology and for a time I worked in a lab for a number of years studying, sequencing and cloning dna.  The lab, which was paying for my graduate school, was privatized and went under and so, I decided to switch careers.  I didn't want another 8 years of school for a Ph.D. anyhow.  Got into real estate.  Much more social than working in a lab!

Anyways, I was thinking about Darwin and his theory of evolution and survival of the fittest.  That is sort of the way I think about real estate agents right now.  There is too much inventory, too few buyers, too many agents and not enough pie.  This current economic crisis is going to be the environmental hardship leading to the inevitable extinction of the weaker real estate agents, while the strong agents continue to live on.

According to Darwin, the stronger species would have "traits" leading that species or the stronger individual of that species to survive, while others who lacked the trait might die off.  This is how evolution progressed.  So think about it.  You are going to have to develop some special trait which will keep you alive as a Realtor during this downtime, and let the average agents get sorted.

And what will the outcome be?  Eventually, after the weaker agents have been filtered out, we should be left with a stronger species of real estate agents.  "Super Agents".  We will be stronger, faster, smarter and better equipped to deal with our new economy.

Here's to the Super Agent!

 
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4 Comments on Survival of the Fittest

Rebecca, great biology theme. Those that are involved in Active Rain already have traits for the super agent. It is estimated that the agent ranks need to thin from 1.3 million back down to about 700,000. Those are numbers I have heard. I agree the new agents, the survivors will have greatly honed skills.

10/03/2008 07:10 PM by Gary Woltal - REALTORĀ® Dallas Ft. Worth (Keller Williams Realty)


Here in Martin County Florida, I believe we've gone from a peak of almost 1500 agents in 2005 to around 900 now.  Our dues payments have just gone out and I expect another significant drop.  Hopefully the best agents will survive.  And possibly some with deep pockets and a significant other that can support an expensive hobbby!

10/03/2008 07:36 PM by Gabe Sanders, Stuart Florida Real Estate (Premier Realty Group)


Great analogy.  BTW my husband has a biology degree, but he works for a big biotech company in our area.  I used to think a biologist marrying a REALTOR(R) was a funny combination, but now I am going to have to worry about you, being a biologist becoming an agent?  LOL.  Good post.

10/03/2008 07:40 PM by Audrey June-Forshey, GRI, Gaithersburg, MD (RE/MAX Realty Group)


Really good post Rebecca!

Those that were smart during the boom times will probably survive this mess.  Those that were reckless, and got over leveraged with other things (homes, boats, cars) will probably die off. That is why I am so excited!

10/03/2008 07:53 PM by Jake Planton (www.JakePlanton.com)


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Real Estate Agent: Portsmouth NH Real Estate Agent - Rebecca Skane (Keller Williams Coastal Realty)
Portsmouth NH Real Estate Agent - Rebecca Skane
Portsmouth, NH
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Keller Williams Coastal Realty

Office Phone: (603) 610-8944
Cell Phone: (617) 233-2900
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Real Estate Market, information and personal thoughts revolving around the center of the universe which is naturally Portsmouth. New Hampshire.


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