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Real Estate's Book of Secrets

By
Real Estate Agent with No longer in the sales business

Is Real Estate a National Treasure or a National Disaster?

Success leaves clues, and real estate is no different.  What are the points on the secret map of real esate?  Can we follow the trail to find our way to the City of Sold? 

1.  Follow the path left by successful realtors in past down cycles.  Do the prospecting, the number-crunching, the study of your local market.  Granted, it's hard work; easy money is out.

2.  Be alert and ready to alter course when the situation arises. New marketing sources are available, new service techniques, and fresh real estate concepts present choices like a six-way intersection.  Stay abreast of the changes and implement the ones that fit you.

3.  Cultivate an adventurous spirit.  Fighting through the challenges will take persistence, and not everyone will stay in the race.  Perseverance and stamina will be required.

4.  Think and plan.  Market downswings can bring out our best creativity and draw from our past experience and study.  Deep thinking is our greatest asset in tough times. Sharpen your thinking and implement your plan.

2008 will be a year that draws out the best that we have within.  Active Rain gives us a forum to share our best thinking.  What are your "secret" clues to real estate success? Comment or leave a post with 'book of secrets' as a tag.

Marsha Cleaveland, Keller Williams Realty.  Search for a home online at www.HomeKey.org.

Comments(6)

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Vicky Poe
Good Ole Rocky Top - Crossville, TN
Realtor/ Auctioneer
I have been self employed for 30 years.  Every business that I have been involved in required hard work, persistenance, and planning.
Dec 28, 2007 12:08 PM
Find a Notary Public needAnotary
QEC Internet Services - Long Beach, CA
Vicky that is the secret!!!
Dec 28, 2007 12:12 PM
Lu Kalaj
Vision Realty Centers - Brighton Township, MI
The right to buy and sell.  The right to own land.   Both together, is Real Estate.  And yes it is a National Treasure.  Since the beginning of time, "land" was the topic.  I think its deeper than we know.  Their is a need for a book of secrets.  God Bless your efforts. Lu
Dec 28, 2007 12:17 PM
John Walters
Frank Rubi Real Estate - Slidell, LA
Licensed in Louisiana

Thanks for the post.  I don't think people realize just how hard this work can be.

Dec 28, 2007 12:24 PM
Norma Toering Broker for Palos Verdes and Beach Cities
Charlemagne International Properties - Rancho Palos Verdes, CA
Palos Verdes Luxury Homes in L.A.

Real estate is hard work, requires consistent attention and creative problem solving--and that's in a strong market.  I agree 2008 will be a Darwinian year of survival of the fittest.

Dec 28, 2007 12:36 PM
Marsha Cleaveland
No longer in the sales business - Glendale, AZ
GRI, AHWD, CNE

Vicky and Ntsike:  Precisely!

Lu:  Land is so basic - people will always need our services.

John: No kidding.  We make it look easy - like expert ice skaters who spend their days practicing so they can appear to float effortlessly.

Norma: Certainly 2008 will reduce our numbers -- lets hope the best are left standing, not just a random sample.

 

Dec 28, 2007 02:14 PM