Harris Real Estate University provides coaching and training for literally tens of thousands of Realtors everyday. That is a fact.

We are told that HREU is the largest coaching and training company of its kind.

What motivates all the coaches, faculty and staff at HREU?

Every man and woman must decide if they will choose to be of service to the few or the many. We choose to be of service to you. We know that when we help you at the highest level…when we help you to become the master of this market….you will in turn help others. If this blog post motivates you to help others…we have fulfilled our intention.

The most dominant thought in our minds…is…how can we help all of those agents who count on us to be their beacon?  What can we do to help you wake up to what is really happening now in real estate..and what will happen next?

We know that we will often scare off agents who can’t or won’t want to listen to what we have to say. It’s common to receive flack from the agents who believe that positive thinking….and constant hoping…will overcome all. No, only enlightened..educated action will.

We are OK with the fact that many agents won’t want to listen to our message. If at the end of the day we have fewer students…but, those students have developed the mindset of service and the skill set to serve…we have done our job. We have full fulled our promise to you.

I have a little secret for you….

If we were to tell all of you that the ‘market is getting better…that things will return to ‘normal’ next spring…etc, etc…blah..blah..blah….more agents WOULD enroll at HREU. Matter of fact, if you tune in to the messages that our ‘competitors’ are pumping out now…that is exactly what they are broadcasting. They are trying to get agents to believe the worst is behind us and that the clouds are somehow magically parting. I know why they are doing it….its vastly easier to sell agents coaching when you are telling them what they want to hear. What happens when you believe this?

You don’t take the action that this new market demands….you don’t learn how to be of service to your market place….you fail. The home buyers and sellers that trusted you to help them, fail. All because you believed that the markets were going to return to ‘normal’ so you never learned the new skills that this market demands.

You see, agents love what they perceive as ‘good news’. That’s news that leads them to a false sense of security and lulls them into a deep slumber of complacency.  As if simply ‘waiting til Spring’ is all that’s necessary.

We won’t do it. We won’t lie to you. In our minds, its beyond being merely educationally dishonest to tell you that the markets will soon rebound….its down right immoral.

We don’t believe that the worst in housing…or the economy is behind us. And neither should you. When you look objectively at the facts…its simply not possible to believe that there is going to be any sort of true housing recovery for a long…long time.

Here is what matters. If you think that the only way for you to succeed  is when it’s a sellers market…if you think that home values will some how magically return to their peak ‘07 values any time soon..I have what may seem like a harsh reality check for you.

This market….the market we are in now dominated by foreclosures and short sales IS THE NEW NORMAL. This market….demands that you embrace new techniques and skills. The best part for  you is….this market…can be your market. There is now more demand…for agents with the skillset to serve and the mindset to be of service than any time in the history of the U.S. The only question is now is will YOU meet the demands of this market or will you allow this market to defeat you?

NOTICE: Its not too late for you to become an REO Listing Agent. There are 7,000,000 bank controlled homes that will become REO’s. Watch the Agent REO Secrets video now…and grab your FREE Agent REO Secrets book to learn how-to become an REO Listing Agent. Embrace learned and taking action.

Here is a great article from Yahoo News that you will want to read now:

U.S. housing prices may still fall more than 10 percent, killing an incipient recovery, as demand from first-time home buyers fades, leading economist Nouriel Roubini said on Thursday.

Roubini, one of the few economists who accurately predicted the magnitude of the financial crisis, said massive losses in commercial real estate loans will add to the problem, forcing banks to raise more capital.

“The stress is moving from residential mortgages that are still in deep trouble, to commercial real estate, where they are just starting to recognize that they’re going to have massive, massive losses,” Roubini of RGE Global Monitor told reporters after a presentation for a World Economic Forum report on the global financial system.

U.S. home prices rose for the third straight month in July, raising hopes the market is stabilizing after a three-year plunge.

A first-time buyer credit of $8,000, which is set to end on November 30, has jump-started housing activity this year and has helped reduce a massive inventory of unsold homes.

While the number of unsold houses may have bottomed out, prices are poised to fall further, increasing pressure on the economy again, Roubini said.

One of the main risks next year may be from losses on some $2 trillion in outstanding commercial real estate loans, the economist predicted.

NOTICE: It’s not too late for you to become an REO Listing Agent. There are 7,000,000 bank controlled homes that will become REO’s. Watch the Agent REO Secrets video now…and grab your FREE Agent REO Secrets book to learn how-to become a REO Listing Agent. Embrace learned and taking action.

“Half of this is in medium-sized and smaller banks, and even in the larger ones. Most of these losses are not recognized because they’re keeping the loans at face value on their books,” he said, forecasting that U.S. and U.K. banks will need to raise more capital when those writedowns are made.

Still, Roubini sees a greater chance of a U-shaped economic recovery in developed economies, with a 20 percent to 25 percent chance of a double-dip.

“If it’s a U-shaped recovery, China, Asia, and emerging markets will do fine. If there is a double dip, the consequences will be severe for everybody.”

Popularity: 2% [?]

Similar Posts:

1. Spring 2010 Housing Bottom…Another 10% Fall in Prices? (Video) Here is an interesting video from someone...
2. Realtors, What Awaits You In 2010? | Real Estate Market Predictions OK, we are almost there….the end...
3. 2010: Year Of The Short Sale | 2010-2011 Real Estate Market Predictions Special Message for long time Harris...