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A LOOK BACKWARD AND FORWARD AT THE FUTURE OF REAL ESTATE
JON COILECHAMPION REALTY
What Did They Get Right?
Office LayoutToday
Homes With Automation
Video Conferencing
Skype
Mini DiskettesThumb Drives
Instant Access to Financials
Online Banking
MLS with PhotosPhotos on the
Internet
Microsoft-Maytag Appliances
Smart Appliances
Talking CarsSiri
Car Navigation Systems
Yup
Access to All Info On The GoPhone & Tablet
too!
Digital LockboxSentriloc
k
Buyers Will Still Need an Agent! Absolut
ely!
What Did They Miss?
The ClothesBut You Can See
Why
What Else Did They Miss?
•No Cold Fusion Power•No Slo-Grow Lawns•Apple & the iPad•Mobile•The Cloud
What Do We See Happening In The
Future?
Now It’s Our Turn
“Don’t believe every quote you read on the Internet.”
~ Benjamin Franklin
Five Big Shifts Coming
#1 – Big Data
Big Data
Data Is All Around Us
Big Data
Meanwhile, in 83 Million Unique Households in June…
#2 – Technology
iBeacons
Proximity Marketing
Wearable Technology
Customer Relationship Management
A True CRM Solution Will Be In Our Future
(insert 2 hour .PPT here)
Augmented Reality
Articulated Naturality
Augmented Reality
Drone Technology
Personal Drones
GPS Sync’d Drones
Drones for Real Estate
#3 – Game Changers
The Four Horsemen of the Apocalypse
The Future is Integration
Integration =
Consumer Convenience
Why Those Big Four?Facebook has Social Data
Apple has the DesignAmazon has ProductsGoogle has the Information
Agent Reviews
YelpGoogle +ZillowWe Crushed “Agent Match” on Realtor.com
Consumer Expectations
Shift to Mobile
MLS & Local Associations
Consolidation Is Going To Happen
Lead, Follow, or Get Out of the Way
Publishers
But, Where’s The Beef?
Zillow + Trulia = ???
What Do We Do?What Do They Do?What Is the Fair Exchange of Value?
Know That It Will Evolve
#4 – Succession Planning
•Median Age – Up From 46 to 57
•Over 65 – Up from 13% to
25%•Average Age US Workers – 41.1•Realtors Under 40 – 11%
We Are All Getting Old…
Succession PlanningNot Just an Agent Shortage
Need ManagersNeed Future LeadersNeed to Design a Career Path
We All Need to Plan For This
But, Don’t Raise the Barriers To Entry
Raise the Barriers To Stay
#5 – Regulations
Regulations Impact Homeownership
My Personal Opinions Government Wants Out of Housing
Fannie & Freddie Losses & Risk Unacceptable
Govt. Needs Tax Revenue MID is Viewed As A Way For the Poor to Subsidize Home Ownership for the Rich
MID Will Be Under Attack
Regulations
Regulations
New Era Of Consumer Protectionism
CFPB Is The New Sheriff
Be Aware And Compliant
Regulations
Congress Can Be Our Allies They Can Overrule the
Regulators We All Need To Stay Engaged Support the NAR Washington
Team
Two Suggestions
Sign Up For The Calls For
Action
Join the President’s
Circle
The RPAC Sweet Spot
Golden RPresident’s Circle
“The best way to predict our future is to create it.”
~ Abraham Lincoln