What economic slowdown?

By
Real Estate Agent with Kansas City Regional Homes

Is it just me or is the year that I thought I was going to have to forget going to be a year to remember?

I wasn't around 4 or 5 years ago during the Halcyon Days when, I'm told that all a Realtor had to do was put a sign in the yard and the bidding war began.  I'm sure that more than a few salespeople got lulled into a false sense of security.  (Well, probably just the ones that hadn't been around during the 70's and 80's.)

But, I digress.  This year has been my best so far.  I'm not trying to brag or anything.  I'm just trying to find out if all of the gloomy stories I hear on the radio and tv are true.  Maybe it's because I'm in the Mid-West and things here don't fluctuate as much as they do on the coasts.  We have our share of foreclosures but maybe not as many as other areas and I'm sure we haven't had as many jobs lost as well.

And, here's a thought:  Those of you who are lucky enough to have some investor friends, why don't you tell them to invest in real estate here.  It's a great place to live (check us out on the Money magagazine survey!), and there are plenty of hot real estate deals to be had.  Plus, I think I know of this great Realtor who just loves to work with out-of-town buyers!

So, what's your opinion, fellow Realtors?  Is 2008 really that bad of a year??

www.pickcproperties.biz

 

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Rainmaker
432,257
Anne Hensel
South Beaches Real Estate Professionals - Saint Petersburg, FL
Realtor - Broker - St. Pete Beach, Treasure Island

No, 2008 is not that bad at all.

My phones are ringing again

Anne

 

Aug 04, 2008 03:45 PM #1
Rainmaker
29,875
Jim W Hildreth
Jim W Hildreth Real Estate Brokerage & Mediation Services - Sonora, CA
Real Estate Mediation Services

Its all about location, timing and closed transactions and affordable housing and the ability to purchase. Paul keep up the good work.

Aug 04, 2008 03:45 PM #2
Rainer
25,795
Sandy Gleason
North Pointe Realty - Buhl, ID
Realtor for Southern Idaho-Magic Valley

We are not having as good of year as last year. But we are busy, phones are ringing and we

are closing deals. That makes it a good year for us.

Aug 04, 2008 03:49 PM #3
Rainer
12,453
Paul Jones
Kansas City Regional Homes - Olathe, KS
PIC Properties - Kansas & Missouri

Anne and Sandy:  It's always a good day when the phone rings and deals are closed!

Re/Max of Sonora:  Timing is definitely a large part of making your own luck in real estate.  After all, around 70% of all customers stay with the first agent who contacts them.

Aug 04, 2008 03:58 PM #4
Ambassador
1,495,712
Jim Crawford
Maximum One Executive REALTORS® - Atlanta, GA
Jim Crawford Atlanta Best Listing Agents & REALTOR

Great post, than you for being so positive and upbeat!  Way to go!

Aug 05, 2008 02:35 AM #5
Ambassador
896,390
Larry Bettag
Cherry Creek Mortgage Illinois Residential Mortgage License LMB #0005759 Cherry Creek Mortgage NMLS #: 3001 - Saint Charles, IL
Vice-President of National Production

Paul...it's been a kick in the teeth to say the least.  I"m making more $ than ever before, but the volume is so much less.  It's just so touch and go.  I'm happy though and I'm blessed.

Aug 05, 2008 01:59 PM #6
Rainer
12,453
Paul Jones
Kansas City Regional Homes - Olathe, KS
PIC Properties - Kansas & Missouri

I agree.  I was just telling my wife earlier this week, that all of my transactions are up in the 200's where last year they were in the 100's.  I think this has been largely because of the credit crunch.  Those low end buyers are not qualifying for a mortgage. 

Aug 08, 2008 02:15 AM #7
Rainmaker
35,822
Greg Dallaire
Dallaire Realty - Green Bay, WI
Green Bay Homes

I find myself having my best year to date as well.  I can see that you recently joined AR and you are really kicking leads me to believe you have some great plans in place and really focused on your task at hand.  Close more deals.

Aug 24, 2008 12:35 PM #8
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Rainer
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Paul Jones

PIC Properties - Kansas & Missouri
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