Rebound? There's a Rebound?

By
Services for Real Estate Pros with NewPoint Media Group

Thinking ManI recently posted a question on The Real Estate Book Fan Page.  "How's Your Market?"  Comments on real estate markets came from Florida, New York, Rhode Island, Texas, Tennessee, Maine, Illinois, Hawaii, and Ontario among other areas.   The general consensus?  We are experiencing a rebound.  Whether that's fueled by lower prices, a flush of first time home buyers, tax incentives, or other reasons varied by market.

On the other hand, I recently had a conversation with several other real estate agents and brokers who were, admittedly, selling fewer homes and had greatly reduced their advertising spend during the down months.  Their business had not yet increased.  They were waiting  for the rebound to come to them.  They were not actively pursuing it.

Then, there were the agents who commented on the fan page said they were busier than they've been in a long time.  What do you think makes the difference?  My guess is that agents who are succeeding now are not waiting for buyers and sellers to stumble across them.  They did not stop actively marketing their skills, listings, and personal brands.  They may have cut expenses, but they maintained those they knew would pay off in the long run.  Now, when a buyer or seller gets ready to choose an agent, those who continued to advertise are firmly in the consideration set.

What do you think?  Are you in the consideration set?  Or are you waiting for the rebound to come to you?

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Rainmaker
4,474,328
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

I believe Denver's housing has increased over the last year also.    We are finally showing some increases in value, and showing sales are up over last year, and DEFINITELY up over 2 years ago!

May 06, 2010 03:02 AM #1
Rainmaker
621,734
Deborah Byron Leffler BzyBee Real Estate Lady!
Keller Williams Realty Boise - Nampa, ID

I am having one of my best years yet....it has been fantastic...and not all of it is tax credit related..still have a number of clients I am working with!!! 
I will say i have been being very pro-active since the beginning of the year calling my database!!!  I am also in a KW class now BOLD...where we have stepped up the calling to 100 contacts a week...face to face or via the phone!  It has made me even busier!!!  So my feelign is...keep complaining other agents that it isn't busy and the market is bad....for me it is awesome.....and not a bad market at all!!!

May 06, 2010 03:06 AM #2
Ambassador
780,457
Doug Rogers
Bayou Properties - Alexandria, LA
Your Alexandria Louisiana Agent

I like a tough market. As sales numbers rise, so will the number of agents. Kind of hard competing with someone's grandson for a listing!

May 06, 2010 03:24 AM #3
Rainmaker
2,574,730
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Rebecca.....

Rebound for some should start when you leap out of your chair and command your feet and brain to get moving.....Deborah (my upstairs neighbor in cubicle #2) appears to be in her own personal rebound of her making. I am reminded that people who are born in the US lose sight of something that people who are not born here see clearly......that is opportunity. The foreigner says...if I can just get to America, I will do well. The current resident says, things are not happening....the answer...as usual, lies under the nose. Thank you for a yummy post...

May 06, 2010 03:41 AM #4
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