{"id":3365,"date":"2008-07-16T07:56:53","date_gmt":"2008-07-16T14:56:53","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=3365"},"modified":"2008-07-16T07:59:37","modified_gmt":"2008-07-16T14:59:37","slug":"why-arent-the-dinosaurs-extinct-already","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/3365\/why-arent-the-dinosaurs-extinct-already\/","title":{"rendered":"Why aren’t the Dinosaurs extinct already?"},"content":{"rendered":"

In my last post<\/a>, I made the case that many of today’s old school brokers are Dead Dinosaurs Walking.<\/p>\n

In the last couple of days, two things have happened that have me questioning that theory and its keeping me up at night:<\/p>\n

    \n
  1. I learned that a intelligent guy I know, a programmer who actually works for Rent O Meter<\/a> (a RE tech start up), bought his first house last week. He used an agent who was referred to him. He did not use the Web in his search process at all. He told the agent what he wanted and what he could afford and had no problem when every<\/em> listing the agent showed him just happened to belong to the agent’s brokerage.\n

    He bought one of those listings, the broker scored a 6% double whammy,\u00a0 our programmer friend could not be happier, he loves his agent and actually referred him to me. To add insult to injury, the broker’s Web site is really just awful. This transaction is straight out of 1983:<\/p>\n

    \n
    \"\"<\/a><\/div>\n<\/div>\n<\/li>\n
  2. Another friend, who is not connected to the business, read the post and pointed out that the asteroid that hit the Yucatan<\/a>, blocking the sun and causing firestorms on a planetary scale, probably killed most of the dinosaurs in less than a year. If the widespread use of the Web is the asteroid that hit Real Estate, then the impact happened around Y2K. Its 8 years later and lots of business-as-usual brokers are still standing.\n

    How is it that brokers who refuse to evolve can tough it out for 8 years while Tyrannosaurus Rex was well on his way to being a skeleton in the Peabody Museum<\/a> within 12 months?<\/li>\n<\/ol>\n

    The first comment on that post said, “If I\u2019ve heard ‘I\u2019ve sold hundreds of houses this way and there is no reason for me to change now’ once, I\u2019ve heard it 100 times.”<\/p>\n

    What if that is right? That somehow, despite all the evidence to the contrary (this Blog being Exhibit A), Real Estate is immune, or shielded somehow, from what the Internet has done and is doing to businesses as diverse as Travel Read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

    In my last post, I made the case that many of today’s old school brokers are Dead Dinosaurs Walking. In the last couple of days, two things have happened that have me questioning that theory and its keeping me up at night: I learned that a intelligent guy I know, a programmer who actually works […]<\/p>\n","protected":false},"author":46,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[15],"tags":[],"class_list":{"0":"post-3365","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-carnival-of-real-estate","8":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":13918,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/13918\/sharks-pilot-fish-dinosaurs-and-wishful-thinking\/","url_meta":{"origin":3365,"position":0},"title":"Sharks – Pilot Fish – Dinosaurs – And Wishful Thinking","author":"Jeff Brown","date":"January 17, 2011","format":false,"excerpt":"Don't ya love it when a new way to call something old catches on? Smallish independent real estate brokerages are now often referred to as 'indies'. Due to lower operating expenses, more agents working at home, and a perceived technology gap the size of the Grand Canyon, they'll be an\u2026","rel":"","context":"In "Real Estate"","block_context":{"text":"Real Estate","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/real-estate\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5903,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/5903\/not-all-dinosaurs-are-extinct\/","url_meta":{"origin":3365,"position":1},"title":"Not\u00a0All Dinosaurs Are Extinct","author":"Thomas Hall","date":"December 2, 2008","format":false,"excerpt":"I know an agent with big hair - she used to drive a Cadillac - she traded it in for a Lexus. She likes to lunch - alot - with friends, clients and colleagues.\u00a0 She started selling real estate when I started high school - basically ALONG time ago. She's\u2026","rel":"","context":"In "Real Estate"","block_context":{"text":"Real Estate","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/real-estate\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":332,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/332\/bedtime-links-lawyer-free-real-estate-zillowing-redfin-dancing-with-the-dinosaurs-the-map-to-mash-up-excellence-and-memorable-truths-about-real-estate-20\/","url_meta":{"origin":3365,"position":2},"title":"Bedtime links: Lawyer-free real estate, Zillowing Redfin, dancing with the dinosaurs, the map to mash-up excellence and memorable truths about Real Estate 2.0 . . .","author":"Greg Swann","date":"September 13, 2006","format":false,"excerpt":"Christine gives a nice run-down of seller-only agency as it is practiced in New York State. This is not very far from the way things used to be done in Arizona, except that, because of Article 26 to the state constitution, lawyers are not required to effect the transfer of\u2026","rel":"","context":"In "Blogging"","block_context":{"text":"Blogging","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/blogging\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":14694,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/14694\/nice-going-unnamed-idaho-agent\/","url_meta":{"origin":3365,"position":3},"title":"Nice going, unnamed Idaho agent","author":"John Rowles","date":"June 17, 2011","format":false,"excerpt":"\"Sessions said they trusted their real estate agent, who, she claimed, told them the snake problem was \"made up\" by the previous owners so that they could leave their mortgage behind. He assured them that every precaution was made to keep the snakes away, she said. The Sessions' signed paperwork\u2026","rel":"","context":"In "Real Estate"","block_context":{"text":"Real Estate","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/real-estate\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":15116,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/15116\/boston-globe-story-on-social-media-and-real-estate\/","url_meta":{"origin":3365,"position":4},"title":"Boston Globe story on Social Media and Real Estate","author":"John Rowles","date":"September 19, 2011","format":false,"excerpt":"With Jeff's post below still fresh in my mind, I read a story in the \u00a0Boston Globe Real Estate section over the weekend\u00a0that attempted to sort of let buyers and sellers know that brokers and agents are adapting to social media: Although it\u2019s hard for Bourgeois to quantify just how\u2026","rel":"","context":"In "Real Estate"","block_context":{"text":"Real Estate","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/real-estate\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2011\/09\/how_agent_was_found.png?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":2545,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/2545\/the-odysseus-medal-a-hopeless-attempt-to-regain-what-she-lost-her-sense-of-trust-and-self-reliance\/","url_meta":{"origin":3365,"position":5},"title":"The Odysseus Medal: “A hopeless attempt to regain what she lost: her sense of trust and self-reliance”","author":"Greg Swann","date":"January 28, 2008","format":false,"excerpt":"One of the benefits of The Odysseus Medal competition, for me, personally -- especially since we started echoing the Long List of nominees -- is that I don't feel as much pressure to weigh in on every last thing. I've been writing software in my spare moments for the last\u2026","rel":"","context":"In "Blog Carnivals"","block_context":{"text":"Blog Carnivals","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/blog-carnivals\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/3365","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/users\/46"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/comments?post=3365"}],"version-history":[{"count":0,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/3365\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=3365"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=3365"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=3365"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}