Effective Real Estate Marketing Strategies

Congratulations! It’s official. You’re finally a licensed real estate agent. So, what do you do now

Newly licensed real estate agents all over the country face the same dilemma; life after real estate agent licensing exams.

Truth is there are more real estate agents than you can shake a stick at, but only a few fully embrace the opportunity to distinguish themselves from the others.

Simply being licensed is no longer enough and there are no guaranteed shortcuts to success. Still, there are scores of companies guaranteeing success if you buy their products.

A Bad Real Estate Market is Good for Real Estate Investors and the Country!

The real estate industry in this country is in for a rude awakening!

The realtors, mortgage brokers, investors (really speculators) and Alan Greenspan are whistling past the grave yard, living on borrowed time.

Few people realize how bad the real estate market can become. I remember in the late 70′s when interest rates were above 12%, eventually topping out at over 14% in the 80′s. Prices in many areas fell by 20% or more.

How bad was it I had a bank in Newport, RI, Give me two houses along with a 115% first mortgage, just to get them off their books. They were choking on their inventory of REO’s (Real Estate Owned), properties they had taken back through foreclosure and could not sell.

The government (read taxpayers!) eventually had to step in a dig out the banks that were buried by bad loans and foreclosed properties brought about by bad government fiscal policy; via the Resolution Trust Corporation, a quasi-government entity.