Snapshots for the Year Ahead...2007 Predictions

The Emergence of the "Wisdom Practitioner"...

5.  In 2007, it won't simply be about whom you know but how you integrate that with what you know and why that is relevant.  As real estate consumers become incredibly savvy at finding out information, there will be an urgent need to making sense of this torrent of information.  Knowledge without wisdom is limited in its usefulness.  We will see the rise of the "wisdom practitioner", consultants who know their market, understand their clients and have reliable and effective methods of connecting with the their audience. The "wisdom practioner" will be a human portal of connectivity for clients, services, referrals, recommendations, inspiration and guidance.  These enlightened visionaries will transform the meaning of agent fiduciary.

The Broker as my Therapist?? 

6.  In 2007 as technology and high touch synergistically create new models of client to agent interaction, we will also see this  impact broker to agent interactions.  Traditional brokerage models which depend on mass numbers without investing in the growth and maturity of the individual agent will find it increasingly cost prohibitive to be profitable.  Motivating agents will have to incorporate more than waiving the dollar bill banner. Increasingly the spotlight will focus on the "intangibles; inner motivation & success training, specialization & niche marketing and business administration. Forward thinking Brokers will begin to explore more holistic, organic approaches to enhance and increase agent productivity.  Training that incorporates life style balance and business acumen into teaching modules will soar in popularity as agents seek to understand how to tap into a deeper source of energy and well-being.

It's Not If but How you'll Learn your ABC's this year...

7.  In 2007, it will become increasingly expensive to be uneducated.  The question will no longer be about whether you receive your education; rather it will be about how you get it.  Will you obtain education willingly or unwillingly, paid for or exacted from you in fines, lost commissions or lawsuits.  Progressive real estate practioners will recognize the need for an enhanced knowledge base as a foundational requirement because new technology, systems and challenges in the real estate industry like fraud and foreclosures now mandate it.  Brokers will critically evaluate the cost of agents who resist education in terms of dollars and cents by evaluating the profits marginalization of error and legal wrong doing. The light will dawn for many part time practitioners who will realize that there is nothing incidental about the implications of a transaction as important as a real estate sale or purchase.

Yes, It's all about you...

8. 2007 is a pivotal year in the world and in the real estate industry.  Our environment will move, morph and transform in subtle and dramatic ways.  Stability on the inside of us will grow in importance as instability and change continue to dominate the external reality.  It will be a year of promise and peril, engagement and disconnect, but quite unlike any other time before it in history, increasingly we will be aware that the choice has always been ours to make.

© 2007 Audu Real Estate  All rights reserved