This artcile posted by DSNews cites a survey that claims that the vast majority of real estate professionals (I'm purposely not using the word Realtors) have either lost money or have seen their revenues decline signifigantly since 2008.
Without a doubt, the economy and housing market crisis have affected all of us. That being said, it is my opinion that EVERY market is a good market. It;s just a matter of changing the way you do business to adapt to current market conditions. We continue to increase our sales every year in spite of serving a community that is inundated with distressed properties. I closely followed the local market trends and adjusted my business plan accordingly.
All of those agents that "jumped on the bandwagon" when things were hot and homes were selling before a sign could even be put up are now realizing that there is more to our business than what the boom years brought to us. I sympathize with their situation but also feel that maybe they should have not entered the real estate profession in the first place!
Read the full article http://bit.ly/wjmt4R