Saturday, March 15, 2008

Are There Too Many Realtors? Part II

Is this your Realtor?

Lawrence Yun, NAR's chief economist, gives us some great news. The number of Realtors is finally going down instead of rising exponentially as it has over the past 6 years or so. He leads the article with a candid, refreshing and honest,
"NAR membership figures have finally begun to fall. Whew!!!"
Then comes Jessica Swesey of Inman News Blog as she shares her thoughts about the matter. She mentions the obvious,
"And NAR definitely benefits from having more agents. More agents = more members = more dues = more powerful trade group. NAR's swelling membership of recent years certainly has helped the group maintain one of the largest political contributions in the country and the political clout that goes along with that." Sound familiar?
She touches on the fact that older agents who are not very tech savvy are deemed less than capable by their younger clientele who, more than likely, utilize technology in their every day life. And I'm not just talking about Gen X & Y. I learned about Firefox and all sorts of other techy stuff from a past client and mother of 4 college kiddos. (Thanks Sue!) Am I telling older agents that don't have email addresses to get out of the business? No. I'm also including the 70% of Realtors that only make $1,000/month selling real estate.

Who wants to go to a "professional" that only works 4 or 5 weeks out of the year only selling 3 or 4 homes in a year? Who wants to work with an agent that doesn't know how to log onto the internet and thinks a Treo should be dipped in milk and has cream filling? Apparently many consumers are ok with the agents I just described. Lydia Player does a good job of exposing this type of incompetence. Someone please tell me why someone would be ok with this type of agent?

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