Episode Details
Back to EpisodesMAP 066: Reality Check: Our Entire Profession is in Serious Danger, but There is a Solution
Description
This week's show is different. It's a call to arms. We need to talk about some serious issues facing our entire profession, and it needs to be heard by both real estate agents AND mortgage loan officers. We are being attacked like never before... class action lawsuits attacking Realtor commissions, margin compression hitting the loan officers, Zillow, Opendoor, technology and automation, giant hundred Billion $ companies taking aim at us, the economy overdue for a recession, and more. But if real estate agents and mortgage loan officers start working together right now, and start doing the right things, we'll be able to survive. Most of our competitors? Not so much.
Honestly, some of this stuff is pretty scary, and this week we're not sugar coating anything. If you're worried, that's good. Use that worry about your future to inspire you to make the necessary changes. There is a solution, but it's going to take us all joining forces right now.
It's about damn time we stop focusing only on ourselves as Realtors, or as mortgage loan originators, and start learning how to work together to build our businesses and gain the trust of the consumer, despite any fancy new app that may come out.
Someone needs to be the voice of ALL of us, not just Agents or not just lenders. So I'm stepping up. In coming weeks, you'll learn more about something I've been working on. You'll learn about Industry: Connected.
Eyes open, it's game time. Time to put on your big boy pants and address this shit.
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