If the Market is So Slow
For months and months, we have been told the Real Estate MARKET is slow. That may be true, but why am I so busy? Hmmmm, WHY am I so busy???? It was a topic to think about. I’ve been VERY busy, yet the mass media and stats are trying hard to brainwash us all to believe the market is slow, slow, slow. But, there are new leads, and I have worked with 4 different buyers over the last two weeks. All are motivated buyers and are viewing homes. (That’s why I haven’t been blogging).
So let me analyze all this – (careful…I’m thinking) and I’ll share my thoughts and opinions on all this.
Yes, compared to 2006/2007….our local market is slow.
Yes, compared to 2005-2007……our inventory is high.
BUT…a Real Estate “MARKET” is a “LOCAL issue” – not a nationwide issue or a statewide issue. You can’t compare apples to oranges, if you know what I mean.
Currently, there are “FEWER” Realtors that are servicing our local market. If I were to guess, there were over 1,300 Realtor® members in our local MLS in 2006. Now, I would say there are about 700 members.
To be even more specific, how many of the current Realtors® are learning & using the new “tools of the trade” to market themselves, their services & their listings, and attract new buyers & sellers???
That is one important thought!
My clients come from two sources:
- My Database – My Sphere of Influence – Referrals
- My Internet Marketing – My Blogging – My Google Juice