Prepper 101: Agents and Agent Teams

In which we try to get real about the possible future

As some (many? most?) of you know, I used to be a strategy consultant in this space. While that isn’t my day job these days, I still have a lot of instincts that go towards advisory services.

Over the weekend, I got both an email from a reader as well as a personal chat with a friend, asking what brokers, agents, MLSs and Associations ought to do after the deluge. While I’ve given a number of presentations over the years on this exact topic, and “embrace the prepper mindset” has been a bit of a meme of my consulting work, I thought it might be useful to somebody out there if I put some of my thoughts into print. Plus, we now know more about what that future might look like with the DOJ showing its hand, with the various settlements, with the coming MDL (multi-district litigation) consolidation, etc.

Please keep in mind that none of this is legal advice, and that I am not your managing broker, your consultant or your coach. Please talk to your own attorneys, advisors, and leadership about this. I write this with the hope that it may spur you to further thinking, further investigation, further preparation.

In this part, I’ll address what I believe agents and agent teams ought to do or at least think about doing in the new world of real estate that will take shape.