It was only two weeks ago that my wife and I took a trip to North Carolina.  We invited a couple of friends of ours to come up and visit.  One of them is a Builder, one a lender and one a financial advisor.  Even though we were on a vacation, our career choices and conversations of the Real Estate market were inevitable. 

As we sat one morning around the breakfast table, we began to talk about how each of us views this so called "Real Estate Meltdown".   Chaos, negativity, bad debt, bad loans, bail out plans, all of these words and phrases came to the table.  Is this how we want to perceive the path our careers are supposedly heading?  Why do we choose to use these expressions?  Why is the public in such a state of fear?

This conversation went on and the only solution that was right in front of us is that we need to change our mindsets.  If we continue to use these negative phrases and word choices, of course we are going to continue to believe that it is a reality.  Let's think positively.  What can we do to help people get out of their situations?  How can we make the public feel more comfortable in this market?  A scared man can't gamble, and that is exactly what is happening in this market.  People are afraid to invest.  People are afraid to spend their money.  We need to change the mindset of ourselves and our buyers.

How do we do that you ask?  Well, how did we get here in the first place?  The media!  Yes, marketing is the key!  I opened the Wall Street Journal that morning at the breakfast table and what did I read?  Foreclosure this, bank owned that, scandal in the mortgage industry, blah, blah.  What I didn't read was, housing prices have dropped, interest rates are low, now is a great time to buy.  If we can't convince ourselves and the public that it's okay to invest, our market will stay stagnate.  If you want a positive change, you have to make a positive change; you have to live that positive change. 

We have so many resources right at our fingertips.  We have the internet, the #1 marketing system in the world.  Use it to your advantage.  Sell yourself, sell your properties.  Use the newspaper, yes, people still read the newspaper every morning.  Advertise in pamphlets, put out signs, use audio, video, whatever works.  We are in the age of technology and communication and most of the marketing systems are free!  Take advantage of what the world offers you and don't give up.  Don't pitter patter with war stories about how the market is bad, stay away from people that offer that perception.  Make a difference.  Make a change.  Let's market!

 
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7 Comments on A Tip for Those of You who May be Lost in the Market

NOV
19
2008

It's really hard to remain positive when it seems like everywhere you go you hear news about a bad economy.  But, I agree that we should do everything we can keep our work positive and stable.  You get what you give, after all.

9:43am • #1
239,235 Points

Great advice! I think the same thing.  I am sick of being around toxic people and the gloom and doom!  Complaining never solves anything!

9:44am • #2

Amen, Right on! In the media age of doom and gloom, sob stories about people loosing their homes, their jobs sell newspapers! Stories sensationalizing doom and gloom on TV increase ratings. It's no wonder everyone is walking around dazed and confused. I know I need an attitude adjustment and quick, 'cause I am drowning in this crazyness!

9:46am • #3
154,115 Points 1 Featured Post

We are not the only organization getting hammered by the media.  The automobile industry, banking, school districts, retail.  We all have our share.

9:51am • #4
181,848 Points 1 Featured Post

Always stay positive.  Forget what the media says.  It is fear control.  Turn off the TV and read books that will continue to move you forward in the right direction.  Also it is a great time to invest.  As an investor, I have specialized knowledge to invest in this market.  People, for some reason refuse to educate themselves further.  That is what stops them.

9:57am • #5
5 Featured Posts

Jim Weichert said it first "Now is a great time to buy".  This phrase should be copied on the front page of every newspaper in America.  Will prices fall in 2009?  Probably, but interest rates are probably going to rise, so buy now or else your payments on the cheaper home next year are going to be higher than if you did buy now!

10:26am • #6
NOV
20
2008

Thanks for all the great comments, looking forward to reading your blogs.. Have a great day, Hunter

8:17am • #10

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Hunter Paschall

Longwood, FL

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3 Days Live, LLC

Address: 507 East Street, Longwood, Fl, 32750

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