– New real estate trend: Skill development is the name of the game for top-performing real estate agents in 2024, according to author and coach Darryl Davis.
– Future-proofing career: To maintain relevance and stay on top of the market changes, real estate agents are urged to prioritize ongoing learning and skill improvement.
– Why skill development: Keeping up with market trends, negotiation skills, understanding customer needs, and maintaining relationships are stated as primary reasons for the need to upskill.
– A shift away from traditional methods: The classic ways of sealing a property deal can no longer be the only approach.
– Importance of tech-savvy: Being technologically competent is equally necessary, thanks to our increasing reliance on digital tools for almost all aspects of our lives.
– The ongoing change: Agents now need to be nimble enough to react to a market that’s increasingly affected by outside factors like global events and technology advancements.
Darryl Davis’, Crystal Ball Predictions: Upskilling – Key for Real Estate Magnates in 2024
Stay Relevant or Pack Your Bags – The Need for Skill Development
Davis is painting a clear picture here – be a forever student or be ready to hang your license on the wall and call it a day. It’s interesting and somewhat nerve-wracking to see that the traditional charm-and-dine rout to close a property deal is being overshadowed by the need to evolve.
Don’t Be a Dodo – Embrace Change Before it’s Too Late
Remember the Dodo, ladies, and gentlemen? It failed to adapt, and, well, we all know how that turned out. Right, extinction (the bird’s not your Uncle Steve’s garage band). So, if you’re planning on sticking around in this real estate game, it wouldn’t hurt to add a few more tools to your toolbox.
Anticipate, Adapt and Achieve
Adapting to change isn’t just about survival. It’s about anticipating the changes ahead so you can ride the crest of the wave rather than get wiped out.
All this talk about skill-developing and adapting to change makes it sound like every real estate agent needs to turn into a tech wizard or risk extinction. But let’s face it, in our digital age, still using the ol’ fax machine for your contracts is like trying to start a fire with two sticks while everyone else is using a flamethrower. So, agents, it might be time to ditch your briefcases for laptops and your Rolodex for a CRM system.
Hot Take
The real estate world is turning into a fast-paced game of “Survivor.” Only those willing to adapt, learn, and evolve will outlast. So, kick the complacency to the curb, keep your learning caps on, and remember – even Rome wasn’t built in a day but they did keep up with the times. Being a techie doesn’t necessarily mean you need to start a new love affair with the buy/sell algorithm overnight, but don’t cling onto the past either. Be ready to pivot (like a nimble ballerina or Nadia Comaneci on a good day) and who knows, you might just nail that triple flip of being competent, relevant and successful. So here’s a toast to upskilling, scrambling, and avoiding the fate of the Dodo, may your pockets be heavy and your hearts light. Let’s face it – it’s adapt or pack up time in the ruthless world of real estate.
Original article: https://www.inman.com/2024/01/16/9-must-do-moves-to-dodge-the-agent-exodus/