Don't read the papers or listen to the doomsayers......20 years ago my first broker and mentor told us ' not to read the news' that it would just colour our outlook and take away our hope.........'...........and he was right.........! I don't always know the latest news forecasts...........but people buy and sell houses in all markets, and they prefer to work with Realtors that are positive !
Liz moras
For the past 25 years, I've been buying and selling property. The golden rule has always been it takes up to 5 years to realize a profit in residential real estate. I try not to get sucked into the media hype! Keep that positive attitude going.
I couldn't agree with you more. When the buyers (especially first time buyers) are always hearing about how bad things are, OF COURSE they're not going to do anything. How many times can you listen to that? Homes are still selling so that's positive! We should focus on that!
Don't follow the news? Who are you going to listen to? Lawrence Lun? I think the only reason he predicts an upserge in the market is because the good economist jobs at Move, Inc. were filled last May when his predecessor predicted a 2% decline in the market and had to hit the pavement.
Perhaps the problem is that although there is alot of "bad news" agents are so concerned about being negative that they don't take time to observe trends and adjust their business plan accordingly. If you don't know trends in a changing market, you will over price homes every time and curse buyers for low-ball offers.
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