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Can Confidence fix the market? YES

By
Real Estate Agent with Citiwide Real Estate Services 0577763

What is with all the negativity everywhere I go about the real estate market?  We are all a part of the negative attitude that has spread like wildfire throughout the country.  The question is, are you a part of the problem or the solution?

When you are standing in line at a grocery store, bank, at a social function, or just talking to your friends, what do you respond to when they ask about business?  Is your answer, "well it is pretty tough right now" or "Man, it is really slow but I am hoping it will get better soon!!".  You are the voice of the industry and you have the power to give people the mindset of the business.  If all of us have give a negative perception, the outcome will stay that way.

Next time you are talking with someone, tell them that your business is doing great! 

  • With the Market slumping right now, interest rates are dipping below 6% for mortgages.
  • There are great deals for buyers with foreclosures and people trying to sell.
  • If they are selling, they are also buying.  If they don't get the price on the sale, they will make it up in the purchase.

If we all work together to point out the strong points of the industry, we may be able to make an impact.  It takes time, start now and tell your friends! 

Colleen Fischesser Northwest Property Shop
NextHome Experience - Chelan, WA
A Tradition of Trust in the Pacific NW since 1990!

You've got an excellent point Landon. It's important to emphasize the positive, but I don't think clients or the public want us to put on a fake smile and pretend that all is rosey and perfect! But there's a way to be honest w/out being a doom and gloomer, no doubt!

-Colleen

Jan 04, 2008 02:08 AM
Pam Graham
All Real Estate Options - Jacksonville, FL
Jacksonville, Clay & St Johns Counties
Great points. I am glad I've experienced this market. I tell people it's a great time to buy and you can make up the difference on the buying side if you're selling a home in this market.
Jan 04, 2008 02:20 AM
Matt Kofsky
Transaction Realty 500 Reno, Nv. - Reno, NV
I agree with Colleen.  There is no way to inspire confidence when you are misleading.  Be realistic. 
Jan 04, 2008 02:23 AM
Mike Norvell Sr
Morris Williams Realty - Leesburg, FL
Norvell Consulting Group
I tell people its a great time to buy, there are lots of good deals right now...who do you know that is looking to invest in property right now!!
Jan 04, 2008 02:27 AM
Gary L. Waters Broker Associate, Bucci Realty
Bucci Realty, Inc. - Melbourne, FL
Eighteen Years Experience in Brevard County
I am constantly promoting the opportunities. Why should we as real estate insiders put anything but a positive spon on the opportunities?
Jan 04, 2008 02:32 AM