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How Do You Deal With Changing Markets...?

It is hard for any agent or real estate brokerage adjusting to the changing real estate markets.  We all must adjust a business plan if markets rise, so too we must make adjustments when the market slows. I am sure there are some high flying markets, there is always a segment of the market charging ahead when others lay flat or fizzle instead of sizzle as in just a short while ago.  Tightening credit and loan requirements have sucked huge pools of would be buyers out of the market.  With the speculators, investors, and buyers on the sidelines in many markets how have you changed the way you do business?  Have you set a new focus, reined in the spending, increased your marketing dollars, gotten more selective on the listings you take or the condition they are in?  How are you filling your time?  Are you planning new avenues to market?  Please share I'd love to hear all!

James Crawford ABR, Broker Associate





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Comment balloon 23 commentsJim Crawford • April 26 2007 10:28PM
How Do You Deal With Changing Markets…?
It is hard for any agent or real estate brokerage adjusting to the changing real estate markets. We all must adjust a business plan if markets rise, so too we must make adjustments when the market slows. I am sure there are some high flying markets… more
IDX - I Only want to speak to the listing agent!
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Vendor Lists: Do You Know the Name of a Good…?
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18 Year Boom Bust Cycles in Real Estate.
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