We’re All Watching the Market…How Will You Respond?
Yesterday I talked a little about the opportunities out there, and I wanted to add a few more thought. I received an uplifting email from our operating partner Shaun Rawls, and it inspired this message…
Increasing gas prices and the backlash from gas lines due to a shortage will continue to force people to evaluate the locations of where they live and where they work in the metro area, and you’ll see many home sales and purchases take place to solve these dilemmas.
Consumers’ lack of confidence in the financial markets will, once again, prompt a flight to the real estate market. After all, you can actually do something to improve the value of any piece of real estate, whereas the only thing you can do to improve the value of your stocks is to hit your knees and pray.
Also, it’s hard for anyone to make a case other than “this is the worst of times.” I think the prices of real estate in the wake of the biggest financial mess in modern history are virtually as low as they will go. Any buyers who continue to hang onto the stale position of “it’s going to get worse before it gets better” has got to be responded to with a look that says, “You’ve got to be kidding.”
This may be one of the blessings in this whole financial mess. I think every real estate professional in our industry has the ammunition to feel confident in declaring, “This is the worst! It can only get better from here!” That means opportunity for those who seek it.
There are two very important things in our near future, both of which will put wind in the sails of our industry. One, a financial bailout WILL occur. Two, a new President will soon be elected. I think November 5th will be a great day no matter the outcome. With the election comes the removal of the dark cloud of uncertainty that we all have to live with for five more weeks. Change is coming with either ticket. Republican or Democrat, both parties offer a historic change component.
In the meantime, Lesley and I must study the data, study the numbers and study the information that helps us be the most prepared real estate agents, selling houses for sellers and finding opportunities for buyers. You must combine the right mentality with the right actions to create your success, and Lesley and I are poised to help you make sound decisions and take advantage of the market. It’s easy to fall prey to fear just like everyone else, but if you rise above it, you can really prosper.
First time home buyers, Clients who need to buy their first investment property, Clients who need to sell and buy a bigger home, eco-friendly buyers and sellers, people who have growing families, getting married, commuting too far, dying, divorcing, losing their jobs, getting new and better jobs…all represent opportunity for you in this market! Turn off the news, and you’ll notice that by removing the blinders your opportunities are much easier to find.
