Well here we are just a few days away from 2008 and all I can say is "Thank God I made it through 2007!" This has certainly been one of my more challenging years as far as Real Estate goes. But you know.....it wasn't too bad.
Granted my sales volume was down about 30% from 2006 and my income was also down but.....I'm still here and I'm looking forward to next year.
I was fortunate to have made some good real estate investments during 2004 and 2005 so I'm now able to sell off a few properties to supplement my income. Also, as most of you know, I'm now Brokering my family's Disney Vacation Club Resale business, Garden Views Realty, Inc.
TLW and I just moved into our new home. So I now get to work out by the pool all day. Hey someone has to do it!!
2008 is also going to be very challenging but I'm really looking forward to it. I work better under pressure.
Next year will start my 14th year in Real Estate and my 10th year of owning Tutas Towne Realty, Inc. So I guess I'm over the proverbial hump!
This past year has truly been an adventure in Real Estate. My market, Poinciana Fl has seen a tremendous decline in property values. Folks are losing their homes to foreclosure at an alarming rate and REALTORS®, builders and mortgage brokers are going out of business.
While all of this may sound very discouraging I am in fact encouraged. My strategy for 2008 is to expand my business. That's right, I intend to concentrate on growing my business and increasing my market share. Starting in January I will be looking to hire at least ten agents.
I will be looking for experienced REALTORS® in the Osceola County area who are able to work from their homes. This is something I have not done before but I feel the time is right.
TLW and I opened Tutas Towne Realty together and have always worked by ourselves with just an occasional Buyer's agent to help with my Buyer leads since working with Buyers is not something I enjoy or do often.
But times they be a changing.
This post is not a solicitation. I will be hand picking the REALTORS® I have an interest in recruiting. Instead this post is about forward thinking. It's about turning adversity into opportunity. It's about being willing to make a change when change is needed.
I challenge all of you, who may be struggling in your business, to reevaluate your business and see if there are areas where you can make changes. A down market is the perfect time to capture market share.
Adversity creates opportunity. I plan on taking advantage of it. Do you?
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