Leanne Smith polled the collective recently about whether any/all were more discontented with our industry and NAR, given the recent legal cluster.
Good Q, with an infinite number of points of view. Here's mine:
Remember the book "Who Moved My Cheese"? Came out in the late 90s. All about having to adapt to the new wave of disruptors in the real estate industry. Easy little book with a powerful message. We all read it back then.
Many newer to the business have yet to experience a rough market. Foreclosures, short sales, distressed clients who can't afford to pay you, 'REO kings and queens' who won't bother to communicate, and dealing with bank negotiators who were raised by wolves!
They will learn and/or they will leave. Change is constant.
Every cycle has its own strengths and challenges . . . one of my favorite clients says "Nothing's better than recession buying!" LOL
And with each of these hills and valleys, a new cast of characters in every transaction or project. Some are gems, some are lead weights.
This business PAYS and it pays well. You don't even have to be all that good at it (well, you SHOULD BE, but we've all witnessed that it ain't necessarily so). Time and time again. Just fake it till you make it, then get away with it for a few years and see if you can keep your broker out of court. Or jail.
There will always be dipshits in our industry. Like buses.
Every 15 minutes, one will come. And one will go.
There will also always be periodical market corrections, sometimes sharp. 2008 anyone?
As for NAR . . . long-established 'institutions' are being dismantled in real time . . . the strong will survive and the no longer useful will fall away. We shall see how THEY adapt when their cheese is moved.
And so we drink . . . the good stuff. Break it out!
There's always a reason to celebrate . . .
Featured Photo by Alexander Naglestad on Unsplash
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