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How are You Prepping for the Market Shift? - An AR Challenge

By
Services for Real Estate Pros with ActiveRain

Probably the most eye-popping result of our Real Estate is Back survey was this sentiment right here: Last year, our members predicted that 1/3 of the markets in the country would see price declines. This year? Not a single market!  84% of you expect real estate values and the number of transactions will increase in 2013.

There is a shift happening and with that comes a new plan of attack on your real estate business. We want to know what you are doing to prepare for it.  Have you been working a buyer's market the last few years?  What are you planning to do differently to survive and thrive in the seller's market?  ActiveRain is the place to share your ideas and tried-and-true secrets with one another.  So, inspire someone and let us inside your world a bit.

We challenge you to write a post outlining your plan of attack.  Some things to consider and maybe answer in your post:

1.       How will this shift affect buyer agents vs seller agents?
2.       What marketing strategies will you need to change?
3.       What are you already experiencing that is causing you grief in your current efforts?
4.       What fears, if any, do you have about this change?
5.       What are the top three things a buyer's agent or seller's agent must do to be successful in the new market? 

 

You may be experiencing a seller's market in your area now. If that's the case, please participate in this challenge and let the others in on how to be most effective in their efforts.  Newer professionals will benefit from your expertise.

Don't think this is just for agents.  How will this new market affect home inspectors, loan officers, home stagers, and everyone else's real estate business?  

2,400 members can't be wrong, so it's time to look at this market change and really think about what you're going to do to prepare for the upcoming year.  Face any fears you have with your ActiveRain family to find solutions and get advice from those in these markets now.

 

 

Challenge Guidelines

Challenge ends Sunday, March 31st.
Write one post answering any and/or all the questions outlined above.
Leave a link to your post in the comment section below.
All participants will receive 500 points.

 

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Comments(239)

Petra Norris
Lakeland Real Estate Group, Inc. - Lakeland, FL
Realtor, Lakeland FL Homes for Sale

Thought provoking challenge, here is mine - Happy Easter

Attention Buyers and Sellers! Have you Noticed the Lakeland FL Real Estate Market is Shifting

 

Mar 31, 2013 09:18 AM
Shannon Milligan, Richmond VA Real Estate Agent/Associate Broker
RVA Home Team - Richmond, VA
RVA Home Team - Winning with Integrity.
Cindy Jones
Integrity Real Estate Group - Woodbridge, VA
Pentagon, Fort Belvoir & Quantico Real Estate News

My entry:

http://activerain.com/blogsview/3679421/the-northern-virginia-market-shift-be-prepared-before-you-head-out-the-door

 

 

Mar 31, 2013 10:40 AM
Eileen Covington
The Charlotte Home Team/Keller Williams - Charlotte, NC
(The Charlotte Home Team)

I hope this the correct link

http://activerain.com/blogsview/3679497/shifting-markets-come-and-go

 

Mar 31, 2013 11:14 AM
Richard Iarossi
Coldwell Banker Residential Brokerage - Crofton, MD
Crofton MD Real Estate, Annapolis MD Real Estate
Mar 31, 2013 11:34 AM
Captain Wayne - Rowlett Real Estate School
Rowlett Real Estate School - Panama City, FL
Rowlett Real Estate School / Owner and Instructor
Helen and Larry Prier- Re-Max Gateway - Residential Real Estate
RE-MAX Gateway- Residential Real Estate Sales - Anacortes, WA
Anacortes & surrounding Skagit & Island Counties

Sorry this is so late but the challenge got me thinking and here is my blog.

http://activerain.com/blogsview/3679550/market-shift-in-anacortes-wa-and-surrounding-areas?share_opt=1

Mar 31, 2013 12:33 PM
Bill Cobb Appraiser
Accurate Valuations Group, LLC - Baton Rouge, LA
Greater Baton Rouge's Home Appraiser

 

Baton Rouge Real Estate: Prepping For A Market Shift

 

http://activerain.com/blogsview/3679565/baton-rouge-real-estate-prepping-for-a-market-shift

Thank you, Bill Cobb Greater Baton Rouge's Home Appraiser 

Mar 31, 2013 12:53 PM
Dagny Eason
Dagny's Real Estate - Wilton, CT
Fairfield County CT, CDPE Homes For Sale and Condo

How am I preparing for the market shift?

A lot of work, but worth it!

Mar 31, 2013 01:08 PM
Christine Donovan
Donovan Blatt Realty - Costa Mesa, CA
Broker/Attorney 714-319-9751 DRE01267479 - Costa M
Mar 31, 2013 01:17 PM
Winston Heverly
Coldwell Banker Access Realty - South Macon, GA
GRI, ABR, SFR, CDPE, CIAS, PA

How am I preparing let me count the ways. Click Here

Mar 31, 2013 01:18 PM
Jordon Wheeler
The Jordon Wheeler Group - Fairburn, GA
J W Group Real Estate Sales and Service

What I am saying to my agents about the market shift 

Mar 31, 2013 02:10 PM
Chandler Real Estate Liz Harris, MBA
Liz Harris Realty - Chandler, AZ
#ChandlerRealEstateAgent

http://actvra.in/SVL

 

Mar 31, 2013 02:19 PM
Helen and Larry Prier- Re-Max Gateway - Residential Real Estate
RE-MAX Gateway- Residential Real Estate Sales - Anacortes, WA
Anacortes & surrounding Skagit & Island Counties

My market shift report again with a proper link.

My Market Shift report

Thanks again for the challenge

 

Mar 31, 2013 02:42 PM
Tonya Jones
Solid Source Realty, Inc. - Lithonia, GA
REALTOR®
Liz Lockhart
Riverbend Realty, Cape Girardeau, MO - Cape Girardeau, MO
GRI, Cape Girardeau Real Estate
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Here's my entry - perhaps lot different than many as most of them wants to embrace the seller's market because Real Estate Is Back!

Market Shift - Andover Real Estate - Turkeys Don't Fly!

Mar 31, 2013 04:01 PM
Bill Dean
Haggerty Team St. Louis, Mo. - Fenton, MO
William Dean - Broker, Salesperson

here's my entry Thanks!

http://activerain.com/blogsview/3679654/ar-challenge-how-to-prep-for-the-market-shift

http://actvra.in/SVV

Mar 31, 2013 04:23 PM
Tammie White, Broker
Franklin Homes Realty LLC - Franklin, TN
Franklin TN Homes for Sale
Mar 31, 2013 04:31 PM
Ginger Harper
Coldwell Banker Sea Coast Advantage~ Ginger Harper Real Estate Team - Southport, NC
Your Southport~Oak Island Agent~Brunswick County!

This is what I feel.  This was an excellent contest.. Thanks for ong it.

 

http://activerain.com/blogsview/3677110/i-am-prepping-for-the-market-shift-

Apr 01, 2013 12:05 AM