Real Estate Bubble will redefine role of agent and there will be fewer agents

A Rising Tide Lifts All Ships...and nothing could be farther from the truth in real estate!

When real estate fever hit its peak sometime ago, it was almost impossible to go wrong, and all realtors looked like geniuses. This irrational market resulted in thousands of individuals joining the ranks of the real estate profession. After all, it was easy to get a license and- with limited effort- the economic reward was significant. We simply have too many agents!

While it is going to take sime time for the market to recover, we are beginning to witness some signs of consolidation. Many "part-time" agents that should had never been here to begin with are now disappearing. This offers a great opportunity to the many "full time professional agents" that have been fully committed to the industry to regain control of the process.

These agents do not complain about market difficulties. They continue to work hard serving their existing and prospective clients. And consumers will be able to tell who these agents are: they really know what is going on and share all information with their clients in an unbiased and transparent manner.

Being good isn’t easy. It’s hard work. The really good professional will look at each property individually and develop a strategy for a successful sale. It takes time, requires patience and calls for a creative approach. But it pays off when sellers and buyers begin to call you because they know you’re getting results.

And at the end of these cycle there will be fewer but better agents...agents that are tech savvy and whose role will be different...less driving around, more mousing around, more counseling !