I have often been accused of being a “doom and gloom” writer that focuses on the negative aspects of what is happening in the real estate industry.
But my critics tend to lose sight of the fact that real estate is a business, and all business owners must face the reality that market forces can affect the future of their enterprise.
To ignore these changes would demonstrate a lack of due diligence of behalf of those responsible for making the right decisions for perpetuating their company’s growth and competitive survival.
To suggest that adaptation to change is the remedy for all market maladies and is the cure all for every business ill may be short-sighted.
Adaptation is reactive.
With the proper information in hand businesses can choose to be proactive and businesses owners can choose to direct their own destiny, rather than trying to keep up with changes after the fact.
Keeping that in mind, the dissemination of pertinent and relevant information can be considered as a POSITIVE benefit to decision makers.
Knowledge is power. And armed with knowledge and foresight, a business can take positive action before it is too late!