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I hope this newsletter finds you well and ready for a strong spring real estate market.  Major paradigm shifts are continuing to take place in our industry that include, technology, social media, and how we market our business.

This is a great time to dig in to the basics, plus get on board with some of the topics below that will help your business when communicating with the e-consumer. The LINKS at the left are for you to review and determine where you may want to promote your business on the Internet. 

As a real estate trainer and consultant, I'm available to assist you in all your marketing plans, technology, and taking your real estate career to the next level. Contact me if you're interested in hiring a personal coach and consultant to help develop your business.
"Expect the Best" Mike

Future Trends in Real Estate 

What will the real estate agent of the future be like? What skills will be necessary? How will the profession change going forward?

I have witnessed many changes in the real estateFAQ industry over the past 32 years and have always embraced them as good for our industry. What we are experiencing right now with Web2, social networking for business, and micro blogging is not a fad. These are exciting times, and I see opportunity for those who buy into it and make a decision to get re-educated and learn to relate with the e-consumer.

I threw this question out on LinkedIn a while back and had so many excellent answers that I had to select "No Best Answer"
I would like to share a few points from each answer for you to ponder.

Alex Romanovich a Sr. International Marketing and Technology Executive focused on Demand Generation, Online and Social Media Marketing said in reference to social media: The need to listen, communicate, engage, and educate is there and RE Professionals can deliver if they start using the same tools that a consumer is using already.

Simon Ackland who is an Entrepreneur, Business Developer, Marketing and Digital Marketing, Wine Industry said: There is no doubt about it, the advent of web based marketplaces saves a lot of time, fuel and rubber. And a social network can allow an agent to communicate more quickly and effectively, giving more people the opportunity to take advantage of an offering than the old "hours on the phone" approach.

Mark Spiveya Provider of cost-effective streaming media and email marketing tools indicated: The Real Estate agent of the future will need to become far more Internet aware then ever before and will use all the tools mentioned above in order to gain a foothold in a highly competitive market.

Jose I. Perez, Jr. an Innovative Leader and Real Estate Industry Expert said: Those that "get it" will move forward and succeed. Those who don't will eventually struggle.

MAJ Jamie Huggins, Space Operations Officer / Real Estate Broker said: I believe that real estate online is going to become "Googlefied". I can see open source real estate listings online where clients post their own stuff and prospects comment and blog about specific properties. Customers will tell real state professionals what they need. It's happening on the social networks right now.

100 Years
Pat Soltysan owner at Soltys Inc. is a business and technology consulting company said: In real estate it is not only the agents who must change but also the leadership of all companies. At the brokerage level, this will be a defining point in the growth, dynamics, operations and philosophy that drive the bottom line.

Marcus Cage Business Management Consultant said: There will be a diminishing of real estate companies, due to a lack of effective marketing, service and structure.

Rose Hart, Realtor with Coldwell Banker Burnet said: The market has numerous variables for clients to consider other than just the style and price of the home. I think the web is extremely important now and in the future of real estate, because clients need and want as much information as possible to make informed decisions on pricing their properties for sale and also those looking to buy.

As you can see, all the above professionals have one thing in common which is the e-consumer. This is still a people business, however we are experiencing a paradigm shift with the tools and services that we provide. You can read the answers of all respondents in there entirety on LinkedIn.

What are your thoughts? More important than that, what are you doing to be better prepared? By the way, are you LinkedIn?
         View Mike Bowler Sr.'s profile on LinkedIn  

 

Coming Events, Classes, Webinars
  
VREBC
 
Agents, Brokers, Managers, staff and real estate ancillary businesses have raved about the last 2 VREBC's held. Mark your calanders for April 6th - Noon to 6:00 p.m. (EST) for this FREE Event being held online with over 24 speakers. Complete details here.   
 
$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
ePRO
Lansing Association of Realtors ePRO Workshop: April 21st
 FREE 90 MINUTE WORKSHOP
When the market throws you a curve ball, will you be prepared to come back swinging?
NAR's updated and enhanced online e-PROŽ Certification Program can help you overcome your technology uncertainties by providing the tools you need to thrive in today's ever-changing online real estate market.
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