HOW ARE YOU ADAPTING TO OUR MARKET??

By
Real Estate Agent with Berkshire Hathaway HomeServices PenFed Realty

That is a question I would love to ask a Real Esate professional once I am able to sit and talk with one. Ever since the bursting of the housing bubble and the exposure of the sub prime lenders and everything that has dramatically changed the current RE market around the country, that's been on my mind. The smoke has cleared a bit and the dust has settled, and there are still those who chose not to turn in or allow their licenses to expire.

So given the current state of things, and how many must look at us (especially those new to the business), my question to you is: DO YOU LOVE REAL ESTATE? Are you passionate about this and what you do and represent to people, or have you decided to hang in there for the sake of the next chunk of money? What keeps you going and do your clients see it reflected in all you say and do?

It's been quite an interesting thing to see as recently in my area (Washington, DC) there are many agents who are no longer in the business of Real Estate, licenses have been turned in and expired. So I ask, what is it that kept you in this buisness other than the money, what have you always gotten out of it that you feel you probably couldn't in another line of work?

 

Posted by

Shantée Haynes
REALTOR®
Berkshire Hathaway HomeServices PenFed Realty
216 7th Street SE
Washington, DC 20003
DIRECT: 202-355-5544
OFFICE: 202-608-1880

Comments (2)

Donna Schoby
Liberty Bank of Arkansas - Bentonville, AR

Shantee, I'm not a Realtor, but I feel that like any other business, when you continue to work your business you will have business. In my area the Realtors that are gone are the ones that got into RE when the market was booming. The ones that are able to stay are the ones that work their business and continue to do so. There are still homes selling, just not at the rate as in previous years.

Sep 26, 2008 03:25 PM
Suzanne Champion
N.J. Realty - Westerville Ohio - Columbus, OH

We're not seeing a lot of people leaving the business here...a few, yes, but not as many as people would assume.  Plus, we never had a "bubble" - every market is local.

But to answer your question as to how I'm adapting?  I'm vetting "buyers" more carefully now because we need to use our time wisely.

Sep 28, 2008 01:10 AM