How to prepare for the upcoming surge in real estate sales

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Real Estate Agent with RE/MAX Realty Center

Hello all.  Yes, I am a firm believer that the new year will create multiple opportunities in this business known as Real Estate.  We have seen the worst, I believe, and are ready for the surge of sales in the coming months. 

There are many reasons for this but the two that are most obvious are pent up demand and monumentally low interest rates that are about to surface next year.  The talk from the banking community is that a 4 to 4.5% interest rate scenario for a 30 year fixed rate mortgage are likely.  This coupled with the lowest home prices in decades will stimulate sales in just about every market. 

One more factor is the loss of multiple thousands of agents during the past 18 months. 

You can do the math...  low rates, low home prices, less agents to sell the same inventory all add up to a phenomenal year ahead.

Get ready by planning for the surge.  Have a goal, get a mentor, become coached, yes I said become coached.  I live in Wisconsin and we are very spoiled about our quarterback situation here in our state. We have been blessed to have Brett Favre for 16 years.  THe best in the league, ever.  He too is coached.  Every game there is someone who coaches him, the most successful quarterback in the history of the game.  You too need coaching.  If you think that you don't, then you are looking ahead for a falling short of where you should be or where you think you should be.

Let's all have fun. 

Good luck in 2009

 

Larry Stanul

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Larry Stanul

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Rainmaker
1,964,444
Tom Braatz Waukesha County Real Estate 262-377-1459
Coldwell Banker - Oconomowoc, WI
Waukesha County Realtor Real Estate agent. SOLD!

Larry

I am a Real Estate broker in Waukesha County, located in Wisconsin. I believe the upcoming year will be magnificent.

Sincerely

Tom Braatz

Dec 11, 2008 02:54 AM #1
Rainer
5,452
JJ Hannah
Keller Williams Realty Northern Colorado - Fort Collins, CO

I think you are point on with your comments.  In Colorado, we are having a large drop in the number of Realtors, so this should create some great opportunities for the hard working ones.   I have recently joined Keller Williams and the newest book, The Shift, has great tools and ideas to help prepare you for times like these.

Good luck in 2009.

Dec 17, 2008 05:19 AM #2
Rainer
11,604
Erol Kartal
Schaumburg, IL

While still an agent I went through a very tough period back in the late 80's with 15% interst rates but of course nothing like the current debacle. What's good about tough times is that you know some very strong years are ahead.

Feb 10, 2009 08:48 AM #3
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Larry Stanul

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