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Realtors with no plan, thinking "This is easy"

Mortgage and Lending with Canopy Mortgage - Leo Namiot 89769

Realtors I am looking to connect!

Realtors, we all know that the market has shifted greatly over the past couple of months.

With nearly 20 years experience I have been through all types of market shifts. Over the past year and a half, prior to this shift, I had been warning Realtors especially newer agents that they need to prepare for when the market shifts. Sadly most did not listen, they were too busy landing 1,2,3, maybe 4 listings that sold in a couple of days or less for way over asking, then posting on social media how successful they were! Feeling like "this is easy, I am crushing it!" 

These days most of those flash in the pan agents are wondering how they are going to pay uncle Sam and how are they going to pay their annual board fees?   

All my social media, all my personal chats had fallen on deaf ears. For those of us who know how cycles work and have been through the battles know better, we stashed some money away for these rainy days, we had our marketing wheels in motion through the mad rush and we are still standing. We may not be setting record numbers but we planned for this cycle and we will make it through.

I congratulate those who planned for slower times and are still moving along, keep your head up and continue to win the battles, stay positive, we all know that the true professionals win in the end.

Remember, this is a business not a hobby and we always treat it as such to earn the status  "Professional". 

Stop by and check out my informational videos, there are plenty of tips and product information to help keep you motivated Get Motivated!


All, the best,

Leo Namiot

Mortgage Lender



#realtormarketingtips #realtors 

Emily Medvec
eXp Realty LLC - Santa Fe, NM
Broker | Realtor | Serving Santa Fe & Northern NM

So true here in our market and Association...I have never met so many "former lawyers" who became Realtors! Don't give up on your good advice. We know you can bring a horse to water...but you can't make them drink! 

Nov 16, 2022 04:34 PM
Anne Corbin
Long and Foster - Lake Anna - Spotsylvania, VA
Serving Lake Anna & Central Virginia

I've got about 2 years saved in case the market isn't profitable. Plan ahead is very important and learn to be frugal and only spend your money on things you really need. Check your advertising and make sure what you're investing in is actually going to create business.

Nov 17, 2022 06:43 AM
Brian DeYoung
also affiliated with Berkshire Hathaway Home Services Heritage Realty - Ithaca, NY
The Realtor with personal investment background

Personally, I love a market shift. Sure, it can be easy to sell in a boom market.

But everyone wants to do it.

A more complex market takes a professional.

and, maybe the ranks will thin.



Nov 19, 2022 02:17 PM
Diana Dahlberg
1 Month Realty - Pleasant Prairie, WI
Real Estate in Kenosha, WI since 1994 262-308-3563

You sure knocked this one out of the park!  I agree that many real estate agents got lax and thought things would always be EASY ... HOWEVER, I am not one of them.  Like you, I have been in the business 27 years and have seen things change alot.  I was ready and actually waiting for this to happen.  And it's not over yet.  I always keep a positive attitude and am taking advantage of this time to REST - (health) - RELAX (watch and wait) - REORGANIZE (making good use of my space) - REDIRECT (change is good) and RECONNECT (with family and friends) ... It's all good.  Life is good.  It's all about attitude ... Thanksgiving is done - Christmas is coming -- and the future is about to begin!  Blessings to you Leo.  I am now following you. Hope you will reciprocate in return.

Nov 29, 2022 12:56 PM