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A down market or a great opportunity?

By
Real Estate Broker/Owner with RE/MAX Elite

I do realize that the fact that we are in a "down" or "depressed" market is somewhat old news at this point but I would like to put a bit of a positive spin on it at this point.

This market is GREAT if you love what you do. What I mean by that is as a real estate professional, your job is to HELP people buy and sell property. People need alot of HELP in this type of market and there is nothing more satisfying then helping that young family (who couldn't afford to buy 2 years ago) buy thier first home or to HELP that home owner get out from underneath that bad mortgage. I think we as professionals have to embrace this opportunity to make a difference in peoples lives right now and welcome the fact that in doing so we will build more than just a Client-Agent relationship. While everyone has an opinion or formula on how to make money in the Real Estate business, what it comes down to is relationships. Build life long friendships and have life long clients.

Now is the time to build those friendships and have those clients for life.

Bobby Stevens
Windermere Real Estate/Lane County - Eugene, OR
Realtor, Eugene, Oregon
Thanks for the positive outlook Manny - I'm with you!
Oct 22, 2008 12:17 PM
Christopher Bonta
The Bean Group - Londonderry, NH
Realtor, Integrity and Honesty

Manny, you hit the nail right on the head, if your in Real Estate it should not be just about the money (although getting the commission check is great) it should be about building long lasting relationships.

Oct 23, 2008 12:21 AM
Alonzo W.
Primetime INVESTOR - Alta Loma, CA
Mortgage Broker

Hey Manny , you hit it on the head man, you should network with me so we can discuss business and share ideas on how to keep our clients for long term, i look forward hearing from you call me or write me back thx man

Oct 24, 2008 08:14 PM
Frances C. Rokicki
Fran Rokicki Realty, LLC - Bolton, CT
Broker-Mentor,CRS

Manny, Customer service and customer care is so good to provide now.  People need professional help with their life changing decisions.  This is a good time to buy!  If you are selling and moving up, it's good for you, too.  Our prices in Connecticut haven't really dropped that much.  Homes are still selling in Ct!  ps. love your beaches in RI!

It's a Good Life!

Fran

Oct 25, 2008 11:44 AM
Nick Good
The Good Home Team with eXp Realty - McKinney, TX
www.TheGoodHomeTeam.com

Manny,

 

Great post... in this supposedly down market I've had one of my best years... now I've worked my tail off but in the long run it will be worth it!

Oct 29, 2008 12:48 PM
Nick Good
The Good Home Team with eXp Realty - McKinney, TX
www.TheGoodHomeTeam.com

Manny,

 

Great post... in this supposedly down market I've had one of my best years... now I've worked my tail off but in the long run it will be worth it!

Oct 29, 2008 12:48 PM
Christopher Hills
North Andover, MA
Managing Dir. Lending

Unfortunatley, people like to find excuses to why they are not succesful.  People in this business need to think Like a CEO, instead of has an employee.

By the way how is Bristol doing these days spent 4 years of college there.

Oct 31, 2008 05:40 AM
Anonymous
Chico P.

I can see how the homes properly staged will sell faster, but we have a totally different method of getting hundreds of lookers through a house. We conduct estate liquidation sales for heirs, executors, attorneys and individuals. We discovered that a house contents sale puts hundreds more people through the house than a traditional open house. We ask the brokers to attend the sale and take names. Almost every person coming to the sale, either wants to buy the house or knows someone who is looking. See our website: http://www.RhodeIslandEstateSales.com At the end of each sale we have the property cleaned out and swept by a local clean up crew of veterans who do the dump run and donate any leftover usable stuff to furnish new living quarters for homeless veterans. See their website: http://www.TrashCleanouts.com  We have expanded on this very successful method for flooding the house with people and now fill up empty homes with stuff and run a staged sale. Consider this messy but worthwhile concept!

Dec 23, 2008 12:29 AM
#8
Stephen D White, E-Pro, ABR Cape Cod Real Estate
SDW Realty of Cape Cod - Falmouth, MA

Excellent positive post Manny there are plenty of opportunities out there for agents, buyers and sellers nowadays!

Dec 23, 2008 11:38 AM
David Width Jr.
Little Egg Harbor, NJ

You have to be optimistic about this market. Apply 110 % while you have all the free time you do. I agree.

Dec 29, 2008 03:04 AM