The internet and technology has caused information overload and many consumers suffer from Information Fatigue Syndrome. For an agent to be successful, heshe has to filter and understand the information out there and relay it to the customer in a way that they can understand it.
The Green Thinking movement has taken hold and will continue to gain momentum. As it develops it will affect building regulations and practises and it will influence all aspects of the real estate industry. Therefore, education is key.
Energy impacts everyone and everything, from consumers needs and where, how and what we build. Understanding what the future holds in the energy arena is a key element in determining what the real estate market will look like in the future.
The purpose of E&O insurance is to transfer financial risk and protect brokers and agents from dissatisfied consumers. But as we emerge into a new market of agent and consumer awareness, and the consumers increased concern for the present and future value of their real estate investment and financial responsibilities, E&O insurance will also start going through a transformation.
There are a number of important initiatives that are changing the use, distribution and placement of property data. With the MLS feeling the pressure from technology, the Internet, third party syndication models, and even the consumer, many in the industry feel the evolution of such technology could signal the death knell for the MLS.
Realtors have an opportunity to become global dealmakers but it will require personal change and a total rethinking of the business, the marketing, clients and listings to be successful.
After more than a 100 years of existence, the NAR is increasingly drawing criticism for its approach to leadership and decisionmaking processes. According to Dale Stinton, CEO of NAR, the organization has come to a critical juncture in its existence and if it is to survive as a viable and relevant player in the future of real estate it will have to start evolving and implementing drastic changes.
In 2009, online communities, networks, and tribes had started replacing chairs and coffee cups, but people still had a strong desire to interact with others, to share their experiences and to belong.This report delves into the impact of this innovation, and the changes it could affect on the entire real estate industry.
The housing market and real estate industry is in a slump, brought on in most part by bad economic decisions, risk taking and overspeculating. But instead of assigning blame, its now time for all role players and affected parties to stand together and the economy on a path to recovery, however long that might take.
After the subprime crisis of 2007 and the mortgage meltdown of 2009, it was a time of change, maybe the start of a whole new real estate industry. This report provided both brokers and agents with a large selection of recommendations regarding issues that they could and should be focused on to position their business for the future.