The lure of big money after September 11, 2001 led many people into Real Estate. Our economy was in the dumps at the time, but then President George Bush, helped push through a number of economic initiatives to help the economy get back on its feet and did it really take off up until 2008 when we all know what happened with Lehmen Brothers.
So that lure brought in a large number of people who decided they wanted to become a Realtor and cash in on the big sales that were going on around the country. Training programs exploded, classes expanded and the number of Realtors swelled. Then the crash came. What we found in 2008 and 2009 was that many of these "new" Realtors did not have a solid background with which to be in the real estate field.
Many of them are now gone, but we have a new rise in real estate and we have a number of new people who are interested in the Real Estate field. Things have changed since a few years ago, we now have more technology in the field, more apps to help us and many more programs to eliminate the need or use of paper in the transactions.
Some people are happier to have the Realtor license, but to just work as an assistant on projects. They don't want to need the pressure of the sales process. Working as an assistant can be just as rewarding to them as making the big sale or helping with a major transaction. And it helps them to get more active training than what is taught in the books or the classes. So sometimes being the assistant is a good and worthwhile activity.
Liz Bobeck
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