There is a great video at the magazine link from industry sales leaders who are still doing business in spite of the 'doom & gloom' media reports that continue to bombard the public.
Making the top 100 companies in two separate categories, Realty Executives Association were number 59 in 2007 Transaction Sides (a 'side' is one part, buyer or seller side, of one real estate transation) and number 94 nationally in sales volume.
Ranked by 2OO7 Transaction Sides: Number 59 Realty Executives Associates Knoxville, Tenn. 6,248 transaction sides
Ranked by 2007 Sales Volume: Number 94 Realty Executives Associates Knoxville, 1,218.9 (in millions)
Not too shabby for a little ol firm in the hills of east Tennessee. ;-)
"John Foltz, CRB, president of Realty Executives in Phoenix saw his market fall 35 percent in 2007, yet he’s not picturing market desolation. Rather, he remains an optimist.
“The attitude real estate practitioners convey to customers is directly related to the picture of the market they have in their minds,” he says. Instead of dwelling on what others may see as drought conditions, Foltz is teaching his 1,500 sales associates to look at the current market as a fertile farm that just needs cultivation and patience."
Great advice from a great leader.