HOW DOES A REALTOR CHANGE WITH THE MARKET?
The real estate market continues to be a roller coaster in most cities across America. Many real estate agents have been able to shift with the market as we continue to read the blogs on ActiveRain. However, I am meeting many real estate agents that are having a rough time in this market. Why? Have they made a personal decision to change with the market? Are they still doing things the old fashion way? Yes, this is a tough real estate market. However, a Realtor is expected to know about distressed properties. Agree?
Personally, I have focused on distressed properties and working with real estate investors. I really enjoy working with investors to purchase distressed properties from the Arizona Trustee Sales. Then, we fix the property to market value for sale. This would be considered fixing and flipping. There are not too many agents in my local market who have developed a one stop shop for real estate investors here in Phoenix, Arizona. What are you doing in your local market.
I attended the monthly investor association meeting to receive local update information along with connecting with the local real estate investment community. We continue to get hit with distressed properties as banks continue to foreclose on properties. Here are the top 4 ways people are purchasing homes in our local market
- Cash
- FHA loans
- Conventional loans
- VA loans
Real estate investors in a cash position are making some great money. There are some great deals available to all investors. However, one needs a real estate mentor to make sure it is a good deal. The number one problem most real estate investors face is to determine whether the deal is good or not. We make our money at the purchase. Let's make it happen.
Tell us how you are shifting with the real estate market.
Make the Call, Set the Plan, Do the Deal$!
Feel free to listen to my Radio Show to learn more about the phoenix real estate market, new trends, and the latest opportunities. The Real Estate and Beyond Radio Show Airs every Saturday from Noon-2:00pm on Conservative Newstalk KKNT 960am in Phoenix, Arizona. You can listent to past shows, or stream on-line.
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Yours is a great blog. It helps me to remember that we must adjust to what is happening around us everyday.
Harry, it is all about rolling with the punches. And todays market is truly a roll up your sleeves and get back to basics market, isnt it?
Team Honeycutt we inspire each other-Kepp it up
Harry, I agree with Robert above. It is a Roll with the Punches business. We have to adapt and go with the flow. Have A Great Week!
Robert we are back to basics. Answer your phone, meet the clients and close the deals. Get er done attitude
John I have always worked with this way. Nice to see other agents getting dirty.
Harry......back to basics is what works best in this and every market.....that's why I have been doing direct mail for several decades now.....a basic that works forever.
Barbara sent out 3000 postcards to out of country home onwers to take advantage of this market. Work it
Harry, I finally made the decision to join our local investors club, and have to say it was one of the best things I could have done. In just 2 months I have attended at least 1 seminar, meeting or focus group per week, and feel I gotten more ROI than any other club or organization I've joined in the past. There are so many benefits, I wish I had taken action years ago! I love your posts...very imformative and educational...you should start charging for your information...LOL
Many, many thanks! Keep up the great content!
I always find your blog posts very informative. Thanks for the continued contribution on ActiveRain.
Thanks for another rain making blog post. Best wishes to you