BrokerageIndustry News

Real Estate Predictions, Wish List for 2011

Industry pros share insight, hopes for new year

Predictions: Shift happens:

1. Data usage: Associations will need to become more expert in data usage and syndication. Smart brokers and agents better get up to speed quickly on this topic, too.

2. Mobility will be critical. Most customers are totally mobile so real estate professionals better catch up! Everything from smart phones, iPads, netbooks, portable scanners, e-signatures and more need to be in their daily arsenal. To adapt a quote from R.H. Grant, "When you use tools that are smarter than you are, you prove that you are smarter than they are."

3. Realtor associations will need to continue to adapt their business model and services. As Realtors get busier or more afraid of the market, the availability of volunteer resources will continue to dwindle. Association staff will have to pick up the slack. This means changes in staff assignments or actual changes in staff. "The quality ...