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Real Estate in the year 2020

Ever think about it? That’s only 14 years away friends! I’ll still be in the business and most of you will too. I’ll be 61 years old and too honory to fully retire. But what will be the norm 15 years from now? Look how much things have changed since 1990:

1) There were no Dot Com realty companies.
2) Discount listings were what you did for your sister.
3) Fixed 30 rates were 7.5%
4) George Bush was president
5) We didn’t know what a plasma screen was or a DVD – back then it was those huge laser disks
6) You couldn’t use your GPS to find a listing
7) Google was what babies did
Haine’s Criss Cross was printed in a HUGE book (that means paper, people)
9) Most Loan Officers worked for “The Bank”
10) No 20% down? No house!
11) VA and FHA loans were about the best loans you could get

Then let’s compare to today:

1) Dot Com realty companies and mortgage companies litter the bandwidth
2) Discount listings get cheaper and cheaper
3) Fixed rates are 5.85%
4) George Bush is president (some things never change! – I KNOW it’s a different one goof ball!)
5) Almost everybody has at least one plasma or LCD screen and I can’t think of anyone who doesn’t own a DVD player
6) Cars and telephones now routinely come with GPS systems
7) Google knows everything
Haines Criss Cross is now digital and lives on my PDA
9) Most Loan Officers work for me … JUST kidding less than 1/2 work for me
10) No money? No problem! Pick out a house and we’ll roll the dice on you!
11) VA and FHA? Why would you do that to yourself?

Now let’s jump to 2020:

1) There are thousands of “Micro Agencies” which are part of the main system – you can actually take a 3D tour of any property in the world in the comfort of your own home through either a virtual lens system implanted over your retina or you can opt for the older 3D clear air pojection system – which is better because it comes with virtual sensual projection including textures, smells and ambient sounds. Off planet access debits your balance at double rate so tour fast!

2) All listings are a flat 1% of the listing price upfront which covers the cost of the lateral plane dimensional scan and the onsite cyberhost to interact with both physical and virtual visitors. She is capable of handling 5000 connections simultaneously. She cannot clean or interact physically as she is merely a projection of energy into clear space. Additional revenue of 2.5% is earned upon successful transaction.

3) All interest rates are buyer managed. Your birth account was set at 5.9% fixed for life and any debits over your housing approval can cause your rate to decrease but carries a small service fee. If you chose to acquire your autoplane at 0% interest, for example, your housing interest will be higher than 5.9% – your total debt must average 5.9% no more, no less.

4) Jenna Bush is president – wow – can you believe that!?

5) Because of retinal implants and portable hologram technology there are no more screens. Everything is either real space or virtual space 3 dimensional. The portable hologram technology also offers a tactile option for real solid matter.

6) The older cars you still have to take out of autoguide and actually steer so they do not allow for the intrip entertainment systems. The newer models, especially the Luna 1000 imported from GM’s Tranquility plant are completely enclosed capsules with every type of entertainment built in. The best part is you can sleep if you want! No need for GPS because the streets are digitized to interact with your autoguide navigational system. If you want to change destinations just talk to the system.

7) Google failed in 2009 and all virtual knowledge and information is now controlled by Active Rain.

Active Rain bought Haines in 2011 and incorporated it into the atmospheric revelation system so that it can be voice or thought accessed from any warmspot in the solar system.

9) There are no mortgage brokers, lenders or banks. There is only the Ken Cook Corporation which manages account balances and servicing. There is no more money, Ken has it all. The 35,000 system wide employees only need to understand data.

10) There is no money … only credits and debits.

11) There are no types of loans. Everything is for life and is transferrable with title. There are only debits and credits.

BUT SERIOUSLY: Are you ready for the future? It’s what we know is coming but for which we all too often fail in preparation. Just look how much things have changes since 1990. Wow! So many tools at our disposal which didn’t even exist in a dream 15 years ago. That’s why I’m able to goof off and write blog postings like this one while still earning money … although it is time for me to get back to the office.

Tomorrow is just a day away.

Are you staying up on technology on your own or do you just depend on the news or other people in your industry to keep you up on it? What publications are you reading? What classes are you taking? Are you hiring younger people who know stuff you don’t?

As for me and my company – I never want to be swept away by the sea of change.