By James Wedgeworth on March 26th, 2009
During the Presidential election, President’s Obama’s campaign “change we can believe in” gained a lot of attention. It is like people were ready for a change; even though they may not like the change they got, they were just ready for change.
In the real estate market I often hear Realtors complain over and over again about how the real estate market has changed. Everything has changed. Being on the Board of a local Hilton Head Hospital I realize that medicine has changed tremendously. I often hear older doctors talk about “the way it used to be”.
Growing up in a rural agricultural community I realized that farming has changed. My father-in-law was a dairy farmer. The people who have survived in that business had to change to meet the changing times.
Real Estate has changed in many ways. The way we advertised has changed tremendously; in the old days we used to run ads in the paper and when people would get the Sunday paper and pick out what they were going to look at when they were ready to look. With the capabilities available on the Internet, most people just pull up everything they want on the web and determine what properties they would like to see that way.
It has been my experience that if people do not adjust to change, the real estate market will leave them.
I once worked with a Realtor at Lighthouse Realty over 25 years ago and once we went to MLS he came to me and said that the business was changing too much and he could not take it and he would retire. What if he were in the business today? He thought that was change.
I think it is important that we all realize that change will happen and 25 years from now it will be totally different than it is now and there will be some agents running around saying they wished it was “the way it used to be”.


