Real Estate Managers Need to Learn How To Lead
Tuesday, November 6th, 2007
The field is getting full of folks getting into the Real Estate Business. I guess I noticed it when the “Invest in Real Estate Movement” started a few years ago. But what I miss the most are people that have a passion and vision for helping families make their Real Estate decisions. It seems to me that the concept of “service” has been replaced with a panic to make a profit or a subtle disregard of the “real issues” that face most families with the current real estate economy.
The infusion of “foreign” money in the mortgage business thru Wall Street while ignoring the tested guidelines of the experienced mortgage industry has created the current “Sub-Prime” problems. That economic correction mixed with 2008 being an election year has a “perfect storm” feel about it.
It seems similar to me to the day one of my lawyer friends stating, “I can invest in a restaurant, gosh I eat lunch out everyday so I know how they are supposed to work”. He lost over five figures in less than two years.
There is a big difference in managing a business on a day to day basis and being a visionary or planner of a healthy real estate deliver service.
In Charlotte I have heard that 50-65% of the clients would not use the same realtor for their next transaction. That doesn’t say much for the industry.
We are happy to introduce our newest Real Estate educator, Tim Leadbetter. Tim hails from the