REALTOR Beware! -Prologue

By
Real Estate Agent with Prudential CT Realty

About 6 weeks ago I started to write about the differences in U.S. real estate practices as compared to those of other countries.  I am still convinced that many agents and investors outside of the U.S. don't grasp the differences and the financial consequences of doing real estate transactions here.

Then the financial market meltdown started and my focus has shifted.  I will try to get back to the other parts of the international overview but for now I believe this to be more important.

Part 1 will focus on the turmoil going on internationally that is NOT getting almost any press coverage in the American media.  The international community will dramatically change practically every aspect of the financial marketplace and liquidity will be GLOBAL!  Any agent that thinks they can ignore what is going is doing a grave disservice to their clients (whether they are buyers or sellers).

Part 2 will concentrate on the extraordinary changes that consumers and our society are undergoing.  Specifically I will examine how the groundbreaking work "The Age of Speed" by Vince Poscente relates to how realtors should be treating their clients but seem to ignore the warning signs.  Utilizing data from the NAR's Home Buyers and Sellers Survey" I will show that "we" have not gotten it yet..but better soon.

Part 3 will examine how society has become "numbers" oriented.  Even TV commercials are portraying us a "statistical geeks".  Have realtors begun to present information differently, showing charts and graphs instead of just sheets of numbers?  Are your presentations (to either buyers or sellers) in PowerPoint?

Part 4 will tackle how technology has changed our business...but some of the biggest changes are on their way.  Have the majority of realtors adjusted to this new world and how well will they adapt to the next wave?

The Conclusion will draw everything together, update the latest information and hopefully provide a sounding board for real estate professionals to go forward with.

 

The future will be filled with change. Darwin's theory of evolution still applies"only the strongest will adapt and survive".  Realtor beware!

 

Comments (14)

Greg Steffens
Mountain Country Realty - Lake Arrowhead, CA

Hey Mark - Welcome to Active Rain and congrats on your first post.  Be sure to spend some time looking around at what and how others are blogging here - it is a great education and lots of fun.  Looks like you're off to a great start...keep it up!

Oct 18, 2008 08:17 AM
Sergio Rebollo Jr.
Real Estate TeamMates - Miami, FL

Mark....Welcome to ActiveRain.  This is a great community to network with others as well a great place to learn from other's experiences and knowledge.  I've enjoyed it; I hope you enjoy it as well.  Congrats on your first post.

Oct 18, 2008 11:53 AM
Vicente A. Martinez
Prudential Douglas Elliman Licensed Real Estate Salesperson - Woodhaven, NY
Realtor, Brooklyn - Long Island - Queens Homes

Hi and welcome to active|rain. There are thousands of tips, tools, and tricks of the trade here. Be sure to check them out. Best of luck and see you around.

Oct 18, 2008 09:56 PM
Yvette Gardner
Keller Williams Realty, Spartanburg, SC - Spartanburg, SC

Welcome to the Active Rain community. This is a great site with lots of information.  Have fun with it and hope to see more of your blogs soon!  We have a team of four outstanding full time agents to assist your buyers and sellers in Spartanburg/Greenville, SC.  Again, welcome to AR!!

Oct 19, 2008 02:08 AM
The Trumm Team Omaha Homes for Sale, Real Estate
Keller Williams Greater Omaha - Omaha, NE

Welcome to ActiveRain!

If you would like a few tips on getting the most out of ActiveRain, please visit my blog Welcome to Active Rain.  It has a few simple steps of what to do now that you have joined.

If you ever have any questions, just let me know.

Troy Trumm

 

Oct 19, 2008 03:45 AM
Ron Martin
Keller Williams Realty - Spartanburg, SC
Ron Martin Team

Good morning & welcome to Active Rain, You have joined an excellent site to receive free marketing, absorb more information from others, share ideas.  Be a blogger and have fun. If you have any clients moving to the Greenville, Spartanburg, & Anderson South Carolina area we are your team. We are on all three MLS. Great blog!  Keep it up. Again Welcome!!

Oct 19, 2008 05:21 AM
Susan McQuaide
Keller Williams - Simpsonville, SC

Welcome to Active Rain! I hope you find this site as informational and entertaining as I have!

Oct 19, 2008 11:38 AM
Jean Terry
Keller Williams Realty Spartanburg, S.C. - Spartanburg, SC

Hi and welcome to Active Rain, a great site to network, share, learn, and have fun. Good Luck.

Oct 19, 2008 02:27 PM
Bill Kennedy
Keller Williams Greenville Upstate - Greenville, SC
Homes For Sale Greenville SC

Welcome to Active Rain! This is a great website for building your business, as well as learning from others.  Pat yourself on the back, because you made a GREAT choice in joining the blogosphere!

Write often, and write whatever comes to mind.  Blogs about personal topics and non-real estate items are often the best.  It helps your readers to bond with you, and ends up bringing you a lot of business!

Good luck with your future blogging.  If you'd like more info on points in Active Rain, I wrote a blog about it (click here). Feel free to ask me any questions if you need a hand!

Oct 19, 2008 03:48 PM
Marcy Fedalei
Keller Williams Realty - Spartanburg, SC

Great start on ActiveRain! Welcome and thank you for sharing your thoughts and ideas.

Oct 19, 2008 11:14 PM
Rick Sergison
EXP Realty of Canada Inc., Brokerage - Pickering, ON
Durham Region Real Estate Blog

I just stopped by to welcome you to Active Rain. I hope that you find it a great benefit to your business and that you see the value that I have also found here. I am from Charlottesville Virginia and using Active Rain has really increased my business!

My main blog on Active Rain is here: Charlottesville Real Estate Blog, not the link at the bottom of this post. 

I hope you will look into the many groups as there are some great group both local and broad based,.... 

enjoy!

Oct 20, 2008 02:28 AM
Peg Gilliland
Charlottesville Solutions - Charlottesville, VA
Broker, GRI, CDPE

I see that you are new to Active Rain and I just wanted to welcome you. I hope that you enjoy it as much as I do and that you find it a great resource.

Oct 20, 2008 08:09 AM
Ginger Ryals
Prudential C Dan Joyner and Young Realtors - Spartanburg, SC

Welcome to Active Rain!! This is a great site to network and share ideas!! Have fun with it!!

Oct 20, 2008 08:18 AM
Benjamin Clark
Homebuyer Representation, Inc. - Salt Lake City, UT
Buyer's Agent - Certified Negotiation Expert

Welcome to Active Rain! For some tips on how to get started here, check out my blog entry at ActiveRain Fast-Start Tips for Quick and Easy Points. If you have any questions, just ask! Happy blogging and good luck!

Oct 24, 2008 04:52 PM