A recent quote from Walter Percy Chrysler has been stuck in my head lately: Most people never get ahead in life because when opportunity knocks, they are out back looking for four leaf clovers. These days, it seems like Chrylser’s perspective is particularly appropriate to the real estate industry crisis. In addition to merely waiting around for Uncle Sam, Freddie, Fannie and even China to revive the housing industry, most brokers are busy scurrying around looking for lucky charms to help them survive the downturn.
In fact, it’s even worse than usual - beyond burying statues and rearranging furniture - when we see brokers doing the absolute worst possible thing they should be doing right now: Recruiting the agents from failing firms. Did anyone every wonder to ask just why that firm was failing in the first place?
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