Been a While…

It’s been far too long since I posted something new on my blog.  The “economic crisis” is the biggest thing in the news and is the topic of almost every conversation.  Yes, it’s hit me hard also, but I have to believe that things will gradually get better and I will have learned some valuable lessons from it.

Lesson 1)     I still need to keep in contact with my past clients and all of the business partners that I have established over the years.  These have always proven to be my best source of business and they never fail to do their best to give me referrals.  Letting them know that I am still in business and there for them is crucial.

Lesson 2)   Short sales and Foreclosures are here to stay for the next couple of years – so learn the process, know the players and understand how to counsel both Buyers and Sellers.  It can be a new source of leads and it’s on the mind of most  Buyers when they start looking for a home.

Lesson 3)  Don’t be offended and counsel your Seller’s not to be offended by low offers.  It’s an offer and a place to start.  In our area (Portland, OR) the final sales price is running about 90-93% of last listed price and that does vary by neighborhood.  Yes, its more work to get the parties to a meeting of the minds, but it will be worth it for our clients.

Lesson 4)  Take a good look at your business and your personal life to determine what is most important. You may have to make some hard decisions about where changes have to be made and how you are going to approach new challenges.  Be flexible and willing to accept change – its very refreshing.

Lesson 5)  Save more – Spend less     DAH!