I am done with real estate!!!

Yes, you heard me. I am done!

Well, sort of…

I live in Denver, Colorado, recently identified as the #1 recovery market in the country. Mind you, other investor/brokers who see the numbers have been saying that for about 12 months – as I have on my blog. (Way to be on top of the breaking news, media folks.)

I love working with people. However, people right now are scared and they are doing some dumb things – well, things that are borne of being misinformed (by the media) and choosing to remain uninformed despite what I share with them (deliberate ignorance).

Now, I could moan up a storm about how clients suck. They don’t, so I won’t.  

I could lament how much banks suck. Even though they DO, I won’t.

Instead, I took some time last month and decided what is best for my business.  I came to the conclusion: I no longer can work for others!

I have been working such incredible deals for folks.  However, I am incredulous at what appears to be the increasingly chronic stupidity in the market:

• Unprofessional brokers who don’t respond

• Brokers who are uninformed about the market, either specific to their listing or generally city- or nation-wide

• Buyers who are unwilling to get prequalified because they are the “exception to the credit crisis”

• Sellers who think their home is the “ONE home worth $50k over market value”

• People so invested in their own personal ego-petting that they don’t understand that the $75 item they “won’t budge on” will unlock multiple thousands of equity – never mind, be made up in the first month of payments due to the historically low interest rates.  

• That people think rates will go lower

• That prices will continue to descend

That's compounded by a National Association that is directionless, weak, and unresponsive in the first or second most significant crisis in the history of the association….nothing really material has come from its efforts.  (Regrettably, I hear that a lot out there lately.)

So, I am done.

I recently transitioned the last of my listings and have decided to invest full time…in Real Estate. I am referring out leads I generate -- and my website generates about 2-3 per day!

Why?   A good friend told me: You make a good living selling real estate, but you make an incredible lifestyle owning it. So, effective June 1, 2009, I am only going to work for my closest friends and associates to whom I previously committed help. AND INVESTING!!!!

This week, I will be sending out 2000 mailers to potential target properties. Statistically, that should mean 10-20 deals for me in just that mailing.  And I won’t just earn the commission, I will earn THE WHOLE EQUITY play. 

Then, I will sell those flipped through my company as the listing broker.

However, as I am the Seller and the broker, I won’t have to worry about the ego investment of the Seller, because I AM THE SELLER.  I will be ahead of price changes in the area.  And, I will have something few of us do in this business: A Seller that listens and acts promptly.

I will price to the market (and slightly lower) to make deals move.  

There are too many alternatives to bank financing and too many people left to help…and best of all, I don’t earn just a piece of the transaction, I earn THE WHOLE THING!!!!

So, to those of you who sit here and complain. Get out of the business! Leave it to the professionals. Or migrate your business into something more aligned with the realities of today’s market.

Most importantly, you will do your clients, the industry, and, most importantly, yourself a huge favor in the process!

Rembember, they ain't making any more dirt, so it's time to accumulate it while you're living on top of it instead of buried beneath it!

Seriously, folks, if you are only selling now, and not investing, you are doing yourself a huge disservice.

Kind regards,

Michael Clarkson

Still selling his own vis www.MileHighHomeHunter.com

And investing at www.CashPathRealEstate.com