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Surviving in a Changing Market

By
Real Estate Agent with RE/MAX ELITE

It seems that many aspects of the real estate market are changing.  Though we often fear change, many times the changes are needed and if approached correctly will help us grow.  With the lending changes come less qualified buyers.  Judging from the number of foreclosures in our local paper, the lending changes were long overdue.  Though the changes may reduce the number of buyers agents have to work with, perhaps it will lead to a more stable market with more reasonable price increases and less foreclosures on the market.

Our team is getting back to the basics.  We have always stressed Quality not Quantity, but now more than ever, we are asking for referrals and concentrating on lead generation.  A fast paced market makes it easy to get away from disciplined lead generation.  The challenging market ahead, for us at least, has made us become organized and not take sales for granted.  We look forward to working hard for a successful year.

Comments (2)

Anonymous
Karen Beth

I am confident that you will have a successful year.  From what I know of you as a realtor, you are not afraid of positive change and will do what is necessary for your buyers.  Kudos to you for being a wonderful force in the real estate market and for being a truly honest and helpful realtor.  

 Keep up the great work.

Mar 29, 2007 10:23 AM
#1
Richard Parr
ADT Security Services - Slidell, LA
Home Security Specialist - Greater New Orleans, Louisiana

These changes also give investors opportunities to buy homes that are delinquent.  Typically investors have better credit than many others in the industry because they already own properties.  That is, of course, if they are buying profitable ones. 

There are always people who want to buy and sell out there.  So what if from one day to the next they change.  In business you either change or close shop.

Mar 29, 2007 10:26 AM