Come on People!
After being in the real estate business for nearly 23 years with my husband, I've been through crappy markets, gloom and doom forecasts, etc. Let me share the advise I give agents and officers in my office. When the market is down, get educated and look for opportunities to use your real estate skills! Get your business organized with good systems and products so that you'll be ready when the market turns! Of course you should continue to stay in touch with clients and keep your name out there. But for heavens sake, stop beating the dead horse! Most people are going to stay put for a while or they are foreclosing. Your frustration levels only hurt your "Karma" and people are less likely to seek you out for help. The problems we are having today shall pass. Another important lesson I learned early on was to always base future budget forecasts on making 40% less than the current year. Real Estate is a hard business with extreme income changes. Always be prepared for the worst. When you are making the big bucks, try to pay cash for everything-especially cars! If you still have money left over, invest in real estate. Find income producing properties that CASH FLOW. Welcome to my World! Diana
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