Somewhere in 2007 housing began to slump. Many felt that slump and got out or changed to working with REO's or even short sales. At the same time there was a continuation of use of technology and the Internet. So what will it mean to be a Realtor in 2009?
In my opinion the successful Realtors will be the community experts. Gone are the days when you are a tour guide. Ironically this down turn in the market will contribute to our evolution. Take the short sale for example. If your buyer does not know that a second loan on a short sale can be a tax liability he/she is in for a big surprise. Also if you are not putting your short sale sellers into lease purchases you are doing you and them a disservice.
You will be called upon to know about the 4 horsemen , mold, poly-b pipes, LP siding and radon. The Internet will provide the vanilla services that we as Realtors used to provide. Our roles will be enhanced and deepened. In the end we will be come the trusted adviser's and service providers.
This is a good thing for us. But like all changes it is tough. Learn and thrive in 2009
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Charlie Ragonesi All Mountain Realty Big Canoe and Mountain Blog
On line at www.allmountainrealty.com Call at 706 579 1098
I think we will be experts in giving the real truth in 2009 with a lot of telling our buyers and sellers what they do not want to hear from everything from home value to qualifying for a mortgage.
Randall Sandin, 843-209-9667, rsandin@carolinaone.com, http://www.charlestonpierpartners.com
Charlie, you are spot on....great post! It will make all the difference in surviving or delivering....pizzas that is
Thanks
Bo
I think you are right, I was at a holiday party speaking with a new resident to Lake Mary after discussing all the information she said wow you are an area expert, honey who do we know who needs real estate help here.
Charlie, I also think that you are spot on with this blog! It will cause some more to move along. I do think that those who become experts will do all right.
In todays market one has to master it... and not just tell the buyers and sellers the truth but convince them of the truth, this is not the market they (or we) wished for, not your 2005 market.
Learn and thrive in 2009. I like it!
I totally agree Charles. Expert agents are the ones who will survive:)
I totally agree Charles. Expert agents are the ones who will survive:)
Great points and Localism is the way to get the leads to local Real Estate expert...Good luck in 2009!
Morning! Yep - having a true understanding and knowledge about the market, the trends, the new disclosures and being able to convey the information to clients is another key for survival. Nicely written! -- Gabrielle
I can certainly agree with you there!
Best wishes for health, happiness, peace, and prosperity in 2009.