I would estimate that 10% of all real estate agents are doing extremely well these days....and that's great news. Another 30% are probably earning a reasonable living. 30% of the nation's 1.2-million real estate agents may be selling less than they would like to do but are still ok..
That leaves 30% of agents...or over 350,000 nationwide who are putting up a brave front or have taken a second job where-ever they can find one to scrape through.
The same percentages may hold true for mortgage brokers.
The sad part is many cling to hope that tomorrow will be a better day for them. In reality is we're just heading into the recession....not coming out of it. The experts tell us to look for at least another year of worsening conditions.
This blog is aimed at those agents and mortgage brokers who are having a difficult time. If you read my earlier blogs I suggested a written business plan, getting out to meet people and getting your name known locally through branding, holding seminars, niche marketing and an entire range of "must do topics."
My blogs gave step by step tips to make you better equipped in the new real estate paradigm.
I wonder how much of this was taken to heart and actually followed. I suspect not much!
For those not succeeding in real estate now...it's quite likely you won't succeed in 2009 either. Look upon the year ahead as a positioning period. Use this valuable time to get yourself placed to take advantage of the better days to come. It's clear you are not now positioned to prosper in a marketplace that's over crowded with agents and where only the strongest survive.
Use the remainder of 2008 and 2009 as a learning curve.
Please remember my buzz words. READ, LEARN, INNOVATE, CHANGE AND ADAPT!! This is what everyone wanting to succeed in this new age is doing now. We're all finding new ways to succeed.
Success requires real, thoughtful, careful work and you only get out what you put in. Take one solid hour every day as quiet "Think Time." What can you do to set yourself apart from the crowd and put yourself in a unique position that will be in demand?
DO NOT FOLLOW THE THUNDERING HERD. A large percentage of the herd is failing and will continue to fail. Doing what everyone else does may produce expected results. I encourage you to find new ways of dealing with your own unique situation.
Start by subscribing to my blogs. You'll get no-nonsense news you can use everyday. Subscribe just above my photo.
Thanks. Sincerely, David
Buy and use TailGateTags.