What if you had a real estate crystal ball? Life would be so much easier! You may not realize it, but you actually do! You can learn to predict what’s coming next in your market by watching for the signs. We’ll teach you over a dozen tell-tale signs that your market is going through some kind of shift. More importantly, we’ll tell you why it matters to you and the skills you’re going to need to perfect in order to perform at your best no matter what is coming down the pike!
Those of you who were in the business in 2007, 2008 and 2009 remember all too well the fallout of the changing market. If you were practicing real estate during those years, you can probably look back in hindsight and identify the signs now that you couldn’t see when you were in the thick of it.
Question: If you knew for sure that 6 to 12 months from now, everything would change, what would stop wasting your time on?
The agents who were part of the last market crash have the benefit of knowing the answer to that question. But if you’re new to real estate since then, its time to stop taking your current market for granted and start thinking like an entrepreneur. It’s not enough to follow and know the current market, which for many of you, is likely moving fast enough to make your head spin! In fact, its easy and lazy. You must learn to look beyond and read between the lines!
Why is this so important?
Because it changes your game plan! Pricing is affected, seller and buyer expectations shift, price reduction scripts become necessary and prospects need you more when the markets change! In addition, when your market changes, the lead generation ‘spokes’ you’ve been working may also have to shift too.
Listen to todays episode as we go over the first 6 signs to look for that your market may be changing directions!
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