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Updated almost 3 years ago,
Adjusting agent skill sets for the new post covid investment age
Agents / Brokers / Property managers sit on top of of a sphere of influence, a myriad of social media platforms, and a desire to excel and secure a stake in life for themselves and their family. How best to parlay this into something very special?
Learn to create value by solving problems. Invest in intellectual re-capitalization! "Creating Wealth" by Allen was the first book I read that really struck me as a "how to think book" in this regard. "Rich Dad, Poor Dad" reinforced it and turned into my little lunch box of motivation and is an annual re-read to stay motivated. There are no educational platforms with embedded spheres of influence, tools to find deals, and recurring training opportunities with vary modalities to increase the effectiveness of the training. Embrace these and internalize the learning. More importantly, add the culture and the goodwill to round out your skill sets. See sarealestateinvesting.com as an example.
Solving problems is a dying art thanks to the combined effects of the US public school system, never ending bounty of technology / app distractions, our shallow culture, no sense of delayed gratification, and disengaged parents. Super networked agents have an incredible opportunity to step forward and create social fiber as well as build a professional "moat" around their real estate practice while at the same time building the potential to joint Venture (JV) into massive projects assuming they have built into themselves the right tools and competencies.
Covid-19 and our response to it has emptied out many of our hotels/motels in the city cores. Office space is not in as much demand. Time to pivot and re-assess the market needs! How holistically trained are you to do the required adjustments to the current market? Read the NAR chartered Dangers Report--threats to the industry are outlined. I hope agents, brokers, and property managers embrace the evolution. See sarealestateinvesting.com on how adjusting and re-tool military mirrors the approach agents/brokers/property managers should embrace.