It's very confusing to decipher the current real estate market with the mix of press currently out there. First off, I had a record year in 2007, while many other agents are thinking of leaving the business and a lot have left or will soon. I'm shocked at some of the long established offices that are closing. I've had my best year, many have had their worst. I have an idea why that is.
Yes, sales were down last year. But they were down from record years. 2007 was not the slowest year for property sales, there have been many years that had fewer sales than 2007. So why are so many feeling like it was the worst year in history for real estate sales?
In my opinion, the old 80/20 rule exists even more today than before. 20% of…
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