Myrl's Jeffcoat's blog about when she started in real estate triggered this particular memory for me. She started about the same time as me, although a different decade. I tiptoed into the business when I began working as a title searcher at First American Title in 1974. After a few years of standing in 6-inch heels at the Boulder County Courthouse, I moved to California and began my next career in escrow, eventually earning Certified Escrow Officer status.
Then, in the late 1970s, all hell broke loose in the real estate industry. Interest rates jumped to the upper double digits. Buyers could no longer qualify to get a mortgage or did not want to obtain financing. Hence, creative financing popped up. I was at the forefront of that movement, naively believing we could do anything we could conceive. We did things that today would make us lose our license or get thrown in jail, but were perfectly acceptable back then.
Before you get too judgmental, please remember, I was only 26 when I got my license. You can read more in my personal blog today about one particular aspect at this link: How to Double End a Listing Without Listing the House.
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