Ok so things are down. Way down. And by "things" I mean the stock market, 401k, you name it. Even gas prices are down! So is business - for some...
Yes, the credit crisis has struck. Yes, home sales and values have slipped.
Know what, though? People still need to move - every month, someone has to find a new place - a new home, new apartment, new villa, new condo. When the need is there, we will meet it. Won't we?
Or are you giving up just because of the baaad news about the economy? If your 401k (if your company has one) has been deccimated by the recent losses in the market, be assured it's not as bad a loss as the overall market. And if you need to build that baby back up again, you really can't quit real estate now, can you?
Truth is, there are still people out there who need a home (house) versus an apartment for all sorts of reasons. Justification for the investment can take many shapes, but most often it is family or securing their investment. Yes, house prices have dropped recently. But land and house prices always rebound. Holding a large investment like a home is a long-term, not short-term investment.
Or is it the mortgage situation - there are fewer companies out there, that's true. The ones that are still around, like our Wells Fargo affiliate, Real Living Mortgage, may be going strong. In fact, Wells Fargo was recently named as one of the "safest" banks in the world. The world, mind you! Here's a link:http://tinyurl.com/4y3apq
Ask yourself - are you with a company whose mortgage affiliate is strong? Are you with a company that makes doing real estate less time consuming and painful? We believe in less pain and more gain.
Don't quit. If you're not making money in your business (and yes it's a business, not a hobby), then something's not right. Do you have all the tools you need to attract a new set of buyers? There are many out there - Young, families, female, emerging markets, relocations - there should be every reason in the world to continue working your real estate business.
Why do I think so? Just ask me. I am an agent with a forward-thinking company who has technology that attracts buyers and sellers like none other.
Are you ready to quit? Or are you ready to move? Let me know. I'd love to share.
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