Forclosures continue to rise, developers stop building, banks tighten money, oil prices threatening to exceed $100 per barrel, home values continue to drop and now Recession is becoming the top of the news. If things weren't bad enough, it could still get worse. Welcome to the new year, 2008.
In times like these most real estate agents would burry their heads in the sand. Many agents have already picked up part time jobs or changed careers completely. The question that remains is what are you going to do? This is a question that I have already asked myself in 2005 when the market started turning. The fact that I'm still in the business may tell you the decision that I had made.
What I realized is that opportunity is knocking! If I can find a way to thrive in this market, then by the time the market turns around, I will be in even better position. What most people forget is that there is always opportunity. How do you think rich people become successful? It's not because they caught the wave in a nick of time. Rather, they created the wave. The difference between being successful or a failure could be explained like this. Are you content to ride the coat tails of others or are you going to tailor your own coat tails? I'm making mine and so can you! Make 2008 your best year ever!