Wow, Can you believe it is the halfway point for 2008? I hope some of you are on track. Fact is many agents I know spent the first part of this year getting educated on the many changes that have happened in this business.

Short Sales, REOs and bargain hunting buyers seem to be the theme, at least as I see it.

If you are experiencing something very different, I'd like to hear about it.

Well enough reminiscing. What about the future? What are you going to do the second part of this all so challenging year? The same stuff? More of the same stuff? Chase FSBOs or expired?

Well I can tell you one prediction that won't work, at least not well. That is, waiting for the market to change. All the prognosticators in the media can't tell us when the market will turn.

Well what ever you do:

* take time to take inventory

* come up with a plan and stick with it.

* Waiting for the market is not a plan.

 

 
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6 Comments on It's July, time to take inventory and make adjustments for 2008 part 2

Good post.  We try to have structure and prospect every day, follow-up with our leads, and manage our current business.  Our philosophy is that hard work today will pay dividends tomorrow.   We have also increased our marketing as less agents are doing that.  We think that will also pay off as the market turns around over the next year or two.

07/07/2008 06:49 AM by Christopher and Stephanie Somers - Realtors - Philadelphia Real Estate (RE/MAX Affiliates)

This year is flying by and you are right it is time to take inventory and make adjustments!

Your friend in Charlottesville!

07/07/2008 06:56 AM by Charles McDonald / Your Trusted Broker for Charlottesville Real Estate (RE/MAX Assured Properties)

Rod

It is kind of amazing to think that we are in the second half of the year!  While I did not hit my midyear mark, I'm pretty darn close.  We are seeing lots of short sales and foreclosures here in Loudoun County (Northern VA).  I'm showing the foreclosures but not the short sales.  I want clients to be able to close in a timely fashion!  And there are lots of great resales on the market too!

I just keep on going....I plan on hitting my target by the end of the year!

07/07/2008 07:58 AM by Nancy Pav (Long & Foster)

Gosh all I wrote this early this morning and boy did I make some spelling/grammar mistakes.

07/07/2008 01:01 PM by Rod Rich - Atlanta- Associate Broker (RE/MAX of Buckhead @ Brookhaven)

Christopher and Stephanie Somers (RE/MAX Affiliates) , I like that attitude. Prospect EVERYDAY. I am posting in caps to remind myself.

07/08/2008 06:48 AM by Rod Rich - Atlanta- Associate Broker (RE/MAX of Buckhead @ Brookhaven)

Nancy Pav (Long & Foster), That's great. I'm sure you'll exceed your target.

07/08/2008 06:52 AM by Rod Rich - Atlanta- Associate Broker (RE/MAX of Buckhead @ Brookhaven)

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