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Richie Alan Naggar, agent & author  (people first...then business Ran Right Realty )

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Rainmaker
1,712,676
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Richie, if you want an opinion and this would take a 2000 word post to complete, there will be no more than 250,000 members of NAR in five to seven years. This is not the fault of NAR or a sign that they have failed, it is the reality of the web combined with Blockchain, AI, and augmented reality. 

Jan 18, 2018 07:40 AM
Ambassador
3,344,906
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

The cream always rises to the top.  

I like what Joe Pryor said. 

Jan 18, 2018 08:56 AM
Rainmaker
2,390,010
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

I don't know what the final outcome will be Richie Alan Naggar but based on the amount of change we have experienced over the last 20 years we may not recognize our industry from what it is today.

Jan 18, 2018 08:59 AM
Ambassador
2,684,009
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

      In Florida, it is a third degree felony to act as a real estate broker, without being licensed.  Where is the line drawn between licensed and un-licensed activity?  

Jan 18, 2018 08:20 AM
Ambassador
2,178,433
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Prop. Mgr, Wenatchee, WA

Show your value.  They will come!

Jan 18, 2018 07:56 AM
Rainmaker
679,404
Diana Dahlberg
1 Month Realty - Pleasant Prairie, WI
Real Estate in Kenosha, WI since 1994 262-308-3563

There will always be those who will seek us out.  I agree with Roy Kelley and Kathleen Daniels 

Jan 18, 2018 09:07 AM
Rainmaker
1,502,858
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

What non-licensed activites?  Out here an unlicensed person can show homes but can't talk price.  Your flyer that people pick up can say the price though.  So far all I've seen from the apps is an online flyer with a lot of extra data such as walk scores and demographics and such.  You still have to use an agent to buy a listed house and selling is still best accomplished by an agent.  REX is the only company I know that goes out of it's way to avoid working with other agents.  So far I've seen one listing and it sat on the market for a long time and never sold.

Jan 18, 2018 09:04 AM
Rainmaker
7,835,266
Roy Kelley
Retired - Gaithersburg, MD

The successful realty professionals will skillfully use the internet.

The future does not look good for the several hundred thousand surplus real estate agents.

Jan 18, 2018 07:45 AM
Rainmaker
1,844,171
Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

I think that the 'searching' has always been a non-licensed activity. You can shop til you drop on the internet in all things including homes. I'm not sure it's a tug of war ... it's the wave of the future.

I'm sure they couldn't think of a good reason to have the electric light bulb when it was first invented.

Jan 18, 2018 10:20 AM
Ambassador
5,229,296
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

I agree with Carol Williams - at least until I'm 6' under, I believe!

Jan 18, 2018 09:16 AM
Rainmaker
5,104,931
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Your guess is as good as mine... and given my age, I'm thinking I'll be retired before I have to worry too much about this. Activities by un-licensed parties are probably law suits waiting to happen. Then again, not totally sure exactly which activities you are referring to.

Jan 18, 2018 08:54 AM
Rainer
130,857
Steve Penner
Royal LePage Dynamic RE / Pro Ledger Bookkeeping Software - Winnipeg, MB
REALTOR® / Pro Ledger Online (owner)

Seem to me, at the very least, the "role" of the agent is going to continue to change and yes, individuals are going to be more empowered.  We used to be the ones to "dispense" the info... now we are there to "interpret" and explain the data, and the "rule"s keep changing towards more consumer empowerment in almost every industry, so yes I do think more empowerment is coming to the DIY's, and there will be a "thinning" of the agent herd.

BUT, The future can be so hard to predict and experts are often wrong .. .I mean when the "computers" came on the scene in early 80's, I remember many experts predicting there would be "less" paper, and "4 day work week" and all this extra "leisure time".. wow, so far they were very wrong about all those outcomes. 

Certainly interesting to think about, discuss, and keep an eye on, but do not spend much time too concerned about it.

Jan 18, 2018 08:25 AM
Ambassador
6,392,899
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

What other activities are you suggesting?

Jan 18, 2018 08:15 AM
Rainmaker
1,231,853
Mary Yonkers
Alan Kells School of Real Estate/Howard Hanna Real Estate - Erie, PA
Erie/PA Real Estate Instructor

Ditto, Roy Kelley 

Jan 18, 2018 08:05 AM
Rainmaker
5,583,278
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

wonderful answer from Joe Pryor 

Jan 18, 2018 10:55 AM
Rainmaker
508,218
Joseph Domino 480-390-6011
HomeSmart - Scottsdale, AZ
Real Estate Made Easy

This is a good question. I often see a lot of confusion and corelation between being a licensed agent and a Realtor.

Licensed agents are regulated by the state governments. What they are allowed to do and the type of enforcement is dependent on the state. I suspect that the rules governing licesed agents won't change quicky because it will likely require legislation to allow those changes.

Realtors are members of associations (NAR, state association, local assoc.). Their role certainly can change, like the wind. Associations will, and should adjust to the market.

The question you asked about technology affecting licensed vs non-licensed really is dependent on enforcement. If activities that should be licensed are being performed by non-licensed entities it must not be allowed to continue (rule of law).

Will it be allowed to continue? Probably, since no one wants the government in their lives at any level. Will we return to the days of "Snidley Whisplash"? It is highly likely.

Jan 18, 2018 09:21 AM
Rainmaker
2,071,025
Evelina Tsigelnitskaya
SIB Realty - Sunny Isles Beach, FL

Richie. Just saw this question. Agree. Non-licensed activities are up to the roof. 

And it seems no authorities are after them.

Dec 22, 2018 07:25 PM
Rainmaker
5,868,372
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

I still believe a warm body with knowledge will always win out versus robots or apps.

Jan 21, 2018 08:05 AM
Rainmaker
4,434,127
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

No idea.

Jan 19, 2018 03:45 PM
Rainmaker
989,652
Jennifer Mackay
Counts Real Estate Group, Inc. - Panama City, FL
Your Bay County Florida Realtor 850.774.6582

Z and T will be opening an office near you soon - bet on it!

Jan 19, 2018 06:39 AM
Rainmaker
3,416,038
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

I never like to say we need more regulation, but in this case, someone needs to be watching and squashing this. Here in NH they are on the lookout, but too many for too few inspectors

Jan 19, 2018 05:37 AM
Rainmaker
3,071,489
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

If only my crystal ball wasn't in for repairs!

Jan 19, 2018 05:31 AM
Rainmaker
4,800,082
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I will wait and see.

Jan 19, 2018 05:27 AM
Ambassador
3,164,119
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

no one will ever get into MY house not accompanied by and agent and I know lots of people who feel that way.  But I see it happening in future generations.

Jan 18, 2018 09:52 PM
Rainmaker
4,319,419
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Richie Alan Naggar - we can see this happening!

Jan 18, 2018 09:08 PM
Rainmaker
5,772,575
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Richie,

I think Joe Pryor gave you a great answer.  And I think that to succeed in this business one has to remember that this is a RELATIONSHIP business.  And one has to be skilled at handling relationships...I think being a human may make a comeback!  A

Jan 18, 2018 08:43 PM
Rainmaker
5,215,748
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Less licensed agents will be able to economically survive. They will do well against the unlicensed participants who are most likely not qualified.

Jan 18, 2018 08:17 PM
Rainmaker
1,239,801
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

i

 

 

 

 

 

 

 

 

 

 

 

 

 

 

iRobots

Jan 18, 2018 08:00 PM
Rainmaker
1,543,225
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
CEO of Vision Drive Realty - Coastal San Diego

They have their loopholes.

Jan 18, 2018 07:04 PM
Rainmaker
3,986,258
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

A lot of law suits against sellers

Jan 18, 2018 07:00 PM
Rainmaker
259,317
Lesley Wilson-VanGoethem
Innovative Realty Solutions Group - Winter Springs, FL
Residential Real Estate Broker Associate

Hoping we dont go the same path as the travel agent...

 

Jan 18, 2018 06:27 PM
Rainmaker
1,622,432
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

It is true, investors and flippers do whatever they want......and if I were a homeowner I'd stay away from working directly with them, or at least be very careful.

Jan 18, 2018 05:31 PM
Rainmaker
3,988,007
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

It is constantly evolving and I suspect we will see regulation come down on Internet services and offerings. It is just a matter of time. Then something else will spring up.

Jan 18, 2018 05:08 PM
Rainmaker
4,160,025
John Pusa
Glendale, CA

Richie Alan Naggar real estate industry will depent on internet and technology in future.

Jan 18, 2018 01:41 PM
Rainmaker
900,008
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

Where are the dinosaurs?

Jan 18, 2018 12:46 PM
Rainmaker
1,466,207
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Richie Alan Naggar In my State licensed activities are laws initiated and passed by the State Legislature. These laws specifically dictate what are licensed and non-licensed activities. Who knows what the future will bring. Internet and Apps that empower non-licensed activities are not an issue as long as they don't violate existing laws.

Jan 18, 2018 09:41 AM