We had an interesting company meeting last week. Our guest speaker was Ralph Roberts, and as always he was interesting, informative and provided a strong nudge that will cause me to take another, closer look to the way I do business. Always a good thing.
One of the owners of our company quoted the 'other side' of the statistics that we hear in the media so often. Here are a few that might be of interest:
- 98.7% of mortgages are NOT in foreclosure
- Interest rates have dropped .25% recently
- In our area, sales were higher in July 2007 than July 2006
- New Construction- there are 300 fewer new homes sitting on the shelf waiting for buyers
- Overall, consumers of Real Estate services are generally satisfied
- Even in the State of Michigan 93% of residents ARE EMPLOYED
- Opportunity is everywhere
It's so easy with the daily banging of the media drum about how bad everything is, to get caught up in the hype. Yet there are people in my market (and probably in yours) that are having a GREAT year. (Karen and I are on track for one of our stronger years).
As we've tried to respond to a changing market, we realized that the days where if you could cloud a mirror you could survive in real estate are over. So we've been inventorying our tool box, sharpening our presentation and becoming more pro-active with our clients. Homes are selling every day, more than ever, we are doing everything we can to position our sellers to be part of the group that is successful this week.
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