We live in the Washington, DC metropolitan area, and if there ever was a 'good thing' about the future, the election of Barack Obama as the 44th President of the United States will not only add more consumer confidence...but that alone is adding 18,000 jobs to our neighborhoods! That doesn't mean 18,000 new people will be coming in with the Democrats....but it is job growth...and when most of the country is loosing jobs, this can only be good for our market.
The most important job right now is getting back to the basics of real estate....getting your listing presentation finely tuned, keeping in contact with past clients and giving them information they need and can actually use. Go to educational classes given by lenders to keep current with the new loan programs...learn new technology.
Just a note about the local market...we are seeing real signs of change....the closer you are to DC, the better. We are still seeing multiple contracts and homes are selling! If you go farther out, but still in commuting distance to DC, the market is WILD! Prince William county, full of foreclosures and short sales, the increases are in the triple digits over last year. Learn to do short sales and actually go back to why you went into Real Estate in the first place, to help people!
Go to my website http://www.suzanneleedy.com and click on the "market watch" section to read all about the local market in the October Stat Pack.
Realtors tend to be optomistic people in their genes...we need to be the cheerleaders for people in this tough economic climate! Be happy and think positively.... and remember "Thoughts become things, choose the good ones"!