Unless you rent or own the cave you live in, you understand that the Real Estate market is in the biggest slump of all times. Not only has the industry suffered severe repercussions from sub-prime lending but now banks are even scared to finance potential buyers with good credit. If bad news were bricks and mortar I would have my own residential community built and a large one at that. Can the market really be as dismal as reported? Are there any Realtors out there with life vests, or anyone with a rope they can toss out into this capsized market?
The problem has never been getting listings, the problem is finding buyers. Most Realtors out there will go out of their mind if they get another call from a seller. For those with enough determination to not be swept away with the tide there is hope of finding dry land, with a house on it, with a buyer who is ready to do business.
Many realtors simply have not experienced circumstances of this nature and have not been able to adapt to the struggling market. Those who are finding success are doing so through means that many traditional Realtors are simply not using. WAIT, before you get ready to rush down to the post office to send out your next batch of mailers or make plans to attend your chamber of commerce meeting, LISTEN TO THIS! According to the 2007 National Association of REALTORS® Profile of Home Buyers and Sellers, 84% of all homebuyers used the Internet as an information source.
While almost every Realtor is going back to basics, the successful are finding new ways to connect with today's internet savvy buyer. What the National Association of REALTORS® fails to mention is that if you are using a generic template with no life, no flare, lacking niche resources, you and your website will be lost in the shuffle like a business card at a mixer.
So what can Realtors do to stay afloat in the rough times? Emphasis must be placed on becoming a "
virtual" Real Estate agent! Realtors must learn how to blog, how to set up a social profile, how to build an online network and learn what resources buyers are using to find agents and homes. One resource that provides not only consumers but Realtors tools for online empowerment is The Real Estate Advocate. This consumer advocacy group connects its wide network of consumers with quality Realtors with proven track records.
Gone are the days of lead generation companies providing long lists of disappointment. New resources such as The Real Estate advocate distance themselves from the lead generation business and put Realtors in front of
real buyers who have been approved to buy a home. The fact remains that there are fewer buyers in this market, this means that the remaining buyers are not to be treated as another lead but as the internet savvy buyers that they are.
If you haven't heard of The Real Estate Advocate it is probably due to the fact that the company selects only one top agent from each of its markets. The exclusivity that is offered to the Reexpert® is perpetual as long as the Realtor can vow to handle consumers with honesty, integrity and to keep the consumers best interest at heart.
The Real Estate Advocate offers a proven program to Realtors who can manage additional closing in their respective market. To be considered for the position of Reexpert® in your market please contact Ed Sanchez at The Real Estate Advocate by phone or email. A professional bio or resume and your website will be needed to determine if your experience qualifies you for the program.
Contact:
Ed Sanchez
The Real Estate Advocate
720.381.3743
esanchez@thereadvocate.com