The news of the mortgage and real estate business is starting to take it's toll on the individuals who rely on the media to give them their news. Don't we all rely on the media for the news? The truth is, we do...
Over the last few months we have seen the much publicized impact the subprime crisis will have on the market today and in the future. Heck, we can't avoid it. I am starting to realize what a huge impact it is having on individuals who don't have the experience in Real Estate, mainly those first time homebuyers.
The market is in no way exploding with appreciation, homes aren't selling fast, the truth is, we are in an adjustment phase. I believe the impact the media is having on people who rely on it for information is going to hurt us as professionals.
We are getting a bad reputation. Some of it may be deserved on some individuals, but the reality is, people looking for advice, need to contact us with questions, and a true understanding about Real Estate. In my case, use me as a tool for Real Estate finance. I have noticed a lot more lately, that people believe word for word, what they are told on TV, in the paper, on the internet, and the reality is, you need to find the trusted contacts that live this business everyday, to give you an honest outlook on the business. We have to know what we are doing to survive in this market. Call a professional, and build a relationship over time.
When considering buying a home, open your ears to the reality of the business. Be open to hearing what professionals have to say, and if it requires it, speak with multiple individuals until you find the person that is right for you.
I like to think that I am a reputable person, but I may not be the right person for everyone. People need to do the research to find that person that IS the right match.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment