Change, change...a little of this and more of that.

By
Real Estate Broker/Owner with Sea to Sky Premier Properties (Salt Spring)


BC Ferry


Change, change...everywhere a change...that 1960s lyric had it right.

Of course, with change, there's always that law of unexpected consequences.

Block chain technology is now our surround sound, and it will complete the demise of "the middle person". Realtors are middle people, bridging the gap between a seller and a buyer.

Do a search of both proptech (next generation technologies for real estate...these companies may replace realtors) and block chain technology (a peer to peer value transaction technology).

If the Internet was about information sharing, the next steps of consumer to consumer actualities will completely change the terrain we stand in. Five years out, real estate as an industry will have evolved to another model.

Hmmm...no one wants to be the buggy whip business segment.

Currently banking, mortgages, lawyers, land registry, conveyings, are all elements of a traditional real estate transaction. The purveyors of these elements are also middle people in the transaction process. (Time is a factor. Two weeks to transact?). Their roles will also change. Or disappear.

Initially, some had thought that the interpretive function of a realtor would remain as a valued part of a sales process. Particularly in "pocket places", where surface search information would not discover specific and essential lifestyles background. Hmmm....

Very important to back up, to check the periphery vision...to not lean into prepared tunnels. The thing shimmering there at the edge of our vision could be the creative solution.

The consumer is prepped to seek a direct communication with the provider...technology is allowing this. Middle people may be gone.

Meantime, in China, there is apparently a robotic newscaster, presenting news in English...one cannot tell if a real presenter or a robotic version. And the answer to the question: what is reality?

Perhaps a study of philosophy is the key?

Hmmm.....

 

 

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Rainmaker
3,362,427
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hello Li - yes, change is inevitable.  I guess I choose to embrace it or it will kick me in the pants.

Dec 10, 2018 01:44 PM #1
Rainmaker
1,315,185
Li Read
Sea to Sky Premier Properties (Salt Spring) - Salt Spring Island, BC
Caring expertise...knowledge for you!

I'm with you!   Appreciated your comment.

Dec 10, 2018 01:46 PM #2
Rainmaker
4,491,482
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Hi Li, Ron here.   Bob Dylan wrote those amazing lyrics.  Loved that song so much, especially the version that the Byrds recorded.  Hope you have a fabulous Holiday Season!!!!!  Ron

Dec 10, 2018 06:19 PM #3
Rainmaker
1,447,447
Kat Palmiotti
406-270-3667 (MT), 914-419-0270 (NY), Broker in NY with Grand Lux Realty and in MT with (coming soon!) - Kalispell, MT
The House Kat

I do think we need to keep our eye on the changes as they are coming, and adjust to take advantage of them and not get run over by them. 

Thanks for your post, and have a great day!

Dec 11, 2018 04:03 AM #4
Rainmaker
1,315,185
Li Read
Sea to Sky Premier Properties (Salt Spring) - Salt Spring Island, BC
Caring expertise...knowledge for you!

Great to  hear from you, Kat.   Yes...time to be paying attention to more significant changes.

Dec 11, 2018 10:12 AM #5
Rainmaker
1,602,856
Evelina Tsigelnitskaya
SIB Realty - Sunny Isles Beach, FL
www.SIBRealty.org 305-931-6931

Thank you, Li. 

Agree, life is a constant change. Here and there. It apples to everything...

Dec 11, 2018 01:20 PM #6
Ambassador
1,868,669
Debb Janes EcoBroker and Bernie Stea JD
ViewHomes of Clark County - Nature As Neighbors - Camas, WA
REALTORS® in Clark County, WA

Thoughtful post - and it is imperative to keep our eye on the changes. In the meantime, we strive to create such fabulous experiences for our clients that it would be tough to duplicate. Still, not naive. ;)

Hope you have a wonderful and  festive Holiday season. D 

Dec 13, 2018 12:01 PM #7
Rainmaker
4,107,206
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Li, have not seen this action here in Denver, but will keep my eyes open and ready for changes.   I agree with Debb, customer service won't be there, and we offer stellar customer service.

Jan 15, 2019 07:03 AM #8
Rainmaker
18,160
Jana Schmidt
John L. Scott Renton - Renton, WA
Jana L. Schmidt

Our industry will change that's for sure, the pressures on us our immense. I am a huge believer in delivering the goods and we must all work hard to improve our entire industry in order to stay relavant.  Also, in the meantime, we should take advantage of all this great career has to offer us. 

May 13, 2019 02:47 PM #9
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Rainmaker
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Li Read

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