Deb's Lake Conroe Real Estate & Stuff! : Are you thinking of letting your license go?

Are you thinking of letting your license go?

Is your fear running rampant? The media and their ability to sensationalize the negative is creating a dark cloud over most people. I spoke to a dear friend today who is thinking of letting her license go.

Are you thinking of letting your license go?

How long did it take you to get it?

How much work have you put into your Real Estate Business?

Are you going to let the lag in business win?

I just don't want to see this happening to good agents. We can listen to the media to the point that we could all curl up and not show our faces to the sunlight but what good does that do? That guarantees failure.

Quote:   I'd rather be a failure at something I love than a success at something I hate.

George Burns

I have to agree with George. If you love it then stick with it.

When the clouds clear and you're still there with your ball rolling...you will come back stronger than ever.

Later in the rain~Deb

 

 

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Comment balloon 63 commentsDeb Brooks • November 19 2008 12:11PM

Comments

You'd be amazed at how many agents in my office alone let their license go "referral only".  Out of about 95 agents, 40 of them chose to do that.  I wonder if letting them go completely will happen next year. 

Posted by Erika Rogers, St George Utah Real Estate & Relocation Specialist (Red Rock Real Estate ~ Southern Utah's Largest Independent Brokerage) about 10 years ago

You are totally right Debra. In this market only the strongest ( or those really not thinking) will survive.

Posted by Kathy Knight, BROKER, ABR, CRS, GRI, SFR, SRES (Intracoastal Realty Corp) about 10 years ago

Obviously these are dark times for a lot agents, but there is always a silver lining.  If you love real estate, don't give up hope, but find a way to generate new business or take a temporary job so feel secure.  Always continue to sow seed, because when things turn around you will be blessed.

Posted by Matthew Naumann, Goose Creek, SC Real Estate Agent (Exit Realty Charleston Group) about 10 years ago

Deb, I have heard of a number of agents in my local area who are taking full time jobs and doing real estate on the side because they need the income.  That might be the answer for some rather than letting all that hard work go (as long as they do something with flexibility).  It is very frustrating to work with a part time agent who doesn't return phone calls. 

Posted by Marchel Peterson, Spring TX Real Estate E-Pro (Results Realty) about 10 years ago

Erika, that makes me very sad to hear. I hope it wasn't out of desperation. I think we will all survive this and see a stronger market soon.

Kathy, I must not be thinking! Gee, that would be a change...NOT.

Matthew, I think you got it totally. Hang on Sloopy is what I say! It'll work soon enough.

Later in the rain~Deb

Posted by Deb Brooks (Brooks Prime Properties Wichita Falls Texas) about 10 years ago

Marchel, you're right about that! If you're only available after 5:00 then it puts everyone else on the spot. How are you doing my friend?

Good to hear from you, Deb

Posted by Deb Brooks (Brooks Prime Properties Wichita Falls Texas) about 10 years ago

For whatever reason, we have had very low % change in the number of active agents in our area.  The last time I checked, we had only lost 2-3% vs last year.  Of course, this largely means that the new agent rate is close to the retiring agent rate.  But, it stil doesn't show a mass exodus from the business.

 

Posted by Erik Hitzelberger, Louisville - Middletown Real Estate (RE/MAX Alliance - Louisville REALTOR-Luxury Homes) about 10 years ago

Erik, that's good. Here in Texas we're dropping like flies. Of course the business was about maxed out so a little paring down is good. I just love this business so I will fight hard to remain!

:-) Deb

Posted by Deb Brooks (Brooks Prime Properties Wichita Falls Texas) about 10 years ago

Never crossed my mind I earned it and I am keeping it.  I think things will pick up again but when who knows.

Posted by John Walters, Licensed in Louisiana (Frank Rubi Real Estate) about 10 years ago

I haven't really thought of letting it go, we have considered some other changes, but not completely giving up real estate.  I loved the George Burns quote!

Posted by Tony & Darcy Cannon, The C Team (Aubrey and Associates Realty) about 10 years ago

There was a time, when our kids were little and we had moved to a new town, when I let my license go inactive. I stayed home with the kids and made soap and candles to sell at shows, and my husband worked at a hardware store, had his license hung with a local office and worked RE part time. We NEVER considered dropping our licenses. Now, about 15 years later, we own an office. Why would anyone drop their license? Things change.

Posted by Leslie Prest, Owner, Assoc. Broker, Prest Realty, Payson, (Leslie Prest, Prest Realty, Sales and Rentals in Payson, AZ) about 10 years ago

Been speaking with a lot of people and they have been trying to find a new agent to work with since so many have left the business.

I'm not complaining, more work for me. I think times like this just weeds out who is capable of handling this market.

Posted by Jeannette Neerpat, e-Pro Coral Springs/Parkland Real Estate (CondoDomain.com) about 10 years ago

John, I've heard so many people talk about potential "job security"....in this market?

Tony and Darcy, I think we're all looking at change...change is good at times. I would not let this go though...not a chance.

Leslie, we do what we must do. When we must do it! You did the right thing!

Jeannette, that's what I meant by keeping the "presence" in the market. It will pay off.

Later in the rain~Deb

Posted by Deb Brooks (Brooks Prime Properties Wichita Falls Texas) about 10 years ago

Debra, the agents who make it through this down cycle will be much better agents when the market turns. It has in the past and it will again. Hang in there yourself!

Posted by Michael Setunsky, Your Commercial Real Estate Link to Northern VA about 10 years ago

Deb - I have no intention of making mine go, too much time invested and I love the business.  I think of it in the same light as my IRA I won't give up on that either.  Yes it is a tough decision for many.

Posted by Jennifer Fivelsdal, Mid Hudson Valley real estate connection ( JFIVE Home Realty LLC | 845-758-6842|162 Deer Run Rd Red Hook NY 12571) about 10 years ago

I just talked to a friend here at AR that's considering letting her license go inactive.  I hate to see that but sometimes changes have to be made for the good of the family.  The good news is she's not giving up her license and she's going to maintain her AR blog as a way to keep in touch. 

Posted by Jesse & Kathy Clifton, Retired (Jesse Clifton & Associates, REALTORS®) about 10 years ago

Deb, great encouragement that reminds me of the This too shall pass phrase.

Posted by Gary Woltal, Assoc. Broker Realtor SFR Dallas Ft. Worth (Keller Williams Realty) about 10 years ago

No, but wish there was a way I could consolidate expenses since both my wife and I are in the business.  During the lean times I hate having to toss a few thousand dollars away for double dues and related expenses.

Posted by No Longer Active (Real Estate) about 10 years ago

I haven't been in the business long enough to forget the hours and hours that I spent in class and at home studying. And who could possibly forget the stress of walking in the room to take the State exam. I'm in this for the long haul so there is no way I would let my license expire. We've lost only one agent who quit the business all together. Another went inactive and another is doing referrals only. My husband and I are partners in this but we've both taken part time jobs that have flexible hours.  We work when we want to and we try to alternate so if one of us is working the part time job, the other is working the real estate business and being available for clients. I agree that it's very difficult to work with an agent who has another job and isn't available during the day. It's hard enough to get some agents to call me back when times are good!

In the end, we all have to do what we have to do. I've read some pretty condescending comments about agents who are now working in other part time jobs....comments to the effect that by not working real estate full time we're somehow letting our clients and our industry down. Well...guess what. Unless someone is willing to step forward and pay my mortgage, they have no room to judge.

Hmmmmm....didn't mean to go off on a tangent like that.

Posted by Carol Clay, Broker/REALTOR, Brevard NC Real Estate Specialist (Looking Glass Realty) about 10 years ago

Hey Dev

We have to pay our bills. Bottom line.. Otherwise, the foreclosure sign is on our yard too!!

Every month I see our local board come out with a list of those new agents and a list of those agents who were no longer ...Its a great disparity between the two lists, and I wonder how many could have kept thier license had they gotten a part time job earlier on instead of waiting until all other options were used up.

 

Nice post, but again real estate is local, and around central fl I know a lot of agents waiting tables and doing whatever...Me....I will keep my license, I went to work for a developer a long time ago. I now have a few agents that I send residential deals to when I get calls now from old customers, it makes sense to provide good service if you will stay in the business.  For the part timers, I would suggest a partner in the game that is full time to keep good service to the clients.

 

 

 

Posted by Mike Norvell Sr, Norvell Consulting Group (Morris Williams Realty) about 10 years ago

Not me...I am too old and set in my ways to learn a new profession and my beautiful wife has me trained so I figure I will stay married too! OKAY, all silliness aside, it's hard out there for all of us, business is down everywhere but frankly I think it will thin the herd some and we also have time to prepare for a better market in the future. I really like my work and I know that you and I along with a lot of the incredible people we have met at Active Rain will persevere and actually prosper!

 

Posted by Russell Lewis, Broker,CLHMS,GRI (Realty Austin, Austin Texas Real Estate) about 10 years ago

Not me...I am too old and set in my ways to learn a new profession and my beautiful wife has me trained so I figure I will stay married too! OKAY, all silliness aside, it's hard out there for all of us, business is down everywhere but frankly I think it will thin the herd some and we also have time to prepare for a better market in the future. I really like my work and I know that you and I along with a lot of the incredible people we have met at Active Rain will persevere and actually prosper!

 

Posted by Russell Lewis, Broker,CLHMS,GRI (Realty Austin, Austin Texas Real Estate) about 10 years ago

Deb... AMEN to George Burns. That is exactly how I feel.  I don't give up easily.. and anything worthwhile is worth working for.  I'm staying.

valerie osterhoudt

Posted by Valerie Osterhoudt, ABR, Cromwell, CT Real Estate ~ 860.883.8889 (Johnson Real Estate, Inc.) about 10 years ago

Dan, I so know what you mean. Scott and I get hit double also. It seems a little unfair but if we were smarter we would break the payments into twice a year.

Carol, your tangent is okay. I believe we should hold onto our license no matter what. I also believe that with each person we run into that we proudly hand off our card. It keeps me busy. I like your attitude!

Mike, yep, I could see that sign in my yard too! Hi ho, Hi ho, it's off to work I go!

Russell, your wife and I thank you!

Valerie, amen to you.

Later in the rain~Deb

Posted by Deb Brooks (Brooks Prime Properties Wichita Falls Texas) about 10 years ago

Deb - i think for some agents it's not the lack of business but the amount of burn-out!

Posted by Carol Culkin, Overland Park (Reece & Nichols) about 10 years ago

Everything cycles including real estate...we are coming out of one of the longest up cycles in  real estate history. My instincts say hang in there though, as it will be better, just in a different way.

Posted by Trey Thurmond, College Station , Texas Homes (BCR Realtors) about 10 years ago

good morale booster Deb............sometimes hard to feel you 'love your job' when you're struggling.......but if you once did you can again!

Posted by Liz Moras Migic, Chilliwack, British Columbia - Realtor about 10 years ago

Hi Deb,
I'll never, ever let my license expire no matter what, it took a lot of time, sweat and tears to get it (while I was 8 months pregnant, no less!)

Posted by Cynthia Tilghman, Realtor® Onslow County NC Home Specialist (Kingsbridge Realty, Inc) about 10 years ago
Thank you for the post, Debra. I am a Real Estate Virtual Assistant and am seeing a lot of my clients having difficulties in the current real estate climate. So far, only one of them has actually placed their license on hold. When I think of how much work it took to get it, how much work a successful real estate career requires, I'm sure it had to be a terribly wrenching decision.
Posted by Pamela Cendejas about 10 years ago

Not me! I'm into my 2nd year and have 7 closings and 2 rentals so far in 2008. It's a start, and I'm determined to use this 'slower time' to keep learning as much as I can, and market and keep in touch with my SOI. Heck, I've already got my 30 hrs of CEU taken care of! Nope, I'll never give up!!

*But I Thank God my husband has good health insurance at his job!*

 

Posted by Sue Gabriel about 10 years ago

Deb, I had to make the decision to let my license go to escrow. Not only did I let it go, we moved from Bonita Springs Florida back to Phila Pa! Did I WANT to? Of course not!!! And yes, it was a lot of time and money and hard work to break into real estate. I'm very sad about the whole situation. But being a failure at something I love does not pay the bills unfortunately. I see a lot of people say to take another job and do real estate on the side. *What* other job? There aren't any. And would you do business with an agent who is doing it on the side?

Posted by Sharon Young (Ivy League Mortgage Philadelphia, Pa) about 10 years ago

Deb - We have seen several agents in my office put their licenses in referral and several more have part time jobs.  People have to do what they need to to support their families.  It is not an easy decision.  I can't imagine totally giving up my license; as always the housing market will come back.  That being said it could be a long hard winter.

Posted by Pam Dent, REALTOR® - Charlottesville Virginia Homes / Horse (Gayle Harvey Real Estate, Inc.) about 10 years ago

I don't think it a matter of wanting to hang it up or not. For us it is a matter of being able to survive. We are busy, we have clients, sellers, and buyers. But no checks. We are both in the business now, which means neither of us get's a check. I am sure it is different for those that have a spouse that can support the family. When my wife started she did not have to worry about a commision check. She could take it slow and build her business, she did not have to worry about the mortgage payment as long as my business was producing. The business went under this year. It is different now.

Posted by Darrin Mills about 10 years ago

I've almost completed my 2nd year. I started when my market took a nose dive. To my defense, I didn't know it at the time. I've had two closed transactions in my first year and I've had two in my second year (working like a maniac to bring that number up to at least 3) before January 3rd. Last January I sold some "valuables" to be able to pay my dues. I'm not sure how I'm going to pay them come 2009. I'll find a way. I have good listings and I worked very hard for them. I can't walk, no way!

But yes, I've been thinking about letting my license go. I've thought about it a lot. I don't want to be one of the agents that just got licensed to make a quick buck. I want to be in it for the long haul.

My husband received his license in July 2008. We are a team and I enjoy working with him. Despite the fact that we haven't sold anything, it has been great working together. I can't let that go!

Posted by TheMillsTeam YourSebringRealtors, 863-212-5441 (Advantage Realty #1) about 10 years ago

As the Great John Beleshi said" When the going gets tough......The tough get going!"     Animal House

Posted by Bill Hart about 10 years ago

Debra - I will be renewing my license in January, and hopefully going to GRI II in March (need to close one more deal before then). I know of several from my office who, while still having active licenses, have gone and gotten other jobs, and I have met agents from other companies working at restaurants and shops. There are some, especially those with young children, that have to have money coming in. I am lucky, I have enought set by to get through (at least I thought I did until this market crash). And, a couple of deals in the works doesn't hurt either.

Posted by Mike Saunders (Lanier Partners) about 10 years ago

Now is the time to evaluate what your company or Broker can do for you.

I've spent two years running from the local thieves here in Arlington, Va.There is a local Broker who owns a Re/Max office in Arlington which his agents pay monthly & he has no one to answer the phone & he keeps the door locked 7 days a week.The office is run more like an illegal gambling front than a retail real estate office.How does he get away with the franchise violations & why would a competent realtor want to hang his or her license with a brokerage firm that runs that type of business? Many long time Re/Max agents have long known of his reputation and yest there are agents willing to tolerate paying admin fees & monthly desk fees of more than 1000 dollars.

Tell me what message that sends to sellers or buyers who choose to have one of his agents assit in the purchase or sale of what's considered an asset? How does Re/Max allow for the Broker Owners to run their offices in this manner.Re/Max Distinctive Arlington, Va.

Consumers should be made aware of the behind the door policies & procedures.The Broker/Owner sets the tone for his or her agents.Bad business & Mortagage fraud help spiral the free wheeling years past.

Additionally, the attorneys who advertise their services in the Virginia Real Esate publication UPDATE and cast their services thru NVAR such as Brincefield are exstinct and steal monies by running up frivolous legal bills with no current knowledge or skills.These real estate advisors should be banned from practicing law or real estate.I have boxes of a first hand experiences with these outdated professionals.

My goal will be to take these unworthy & incompetent all the way to the STATE Boards.

 

Paula Atkins

 

 

Posted by Paula Atkins Re/Max Choice Fairfax, Va. about 10 years ago

After reading Paula's post, I'd like to add to mine: We have a great broker! We pay low fees, have a great office and all the resources we could ever ask for. Thanks, SuperGreg!!!!!

Posted by TheMillsTeam YourSebringRealtors, 863-212-5441 (Advantage Realty #1) about 10 years ago

Not once have I thought about retiring my license... I HAVE entertained the thought of some sort of additional employment to get through the rough patch but I LOVE my job as a Realtor.  I have worked RE part time and it's hard to balance but I will do all I can to continue to pay my fees and dues and keep working at a job I love!

Posted by Kathy Fisher Sells Lexington TN homes! 731.845.3413 (Five Star Real Estate Services) about 10 years ago

our mls subscribers here are supposedly down 25% and I have heard of many agents losing their own homes. :-(

Posted by Sandy McAlpine, Search Lake Norman Homes For Sale - Lake Norman NC (RE/MAX EXECUTIVE) about 10 years ago

I agree with Paula, now is the time for your Broker to be helping you.  We worked and ran like rabbits for them when the times were good.  Now when the agents could use a break in costs to offset the market maybe half of these agents would not have left.  I plan on keeping my license forever.

Posted by CC (Colleen) Hine (Shorewest Realtor) about 10 years ago

These are tough times and sometimes people have to make tough choices.  That's why I became a broker so I wouldn't have to worry about it.  Hang my shingle at home then.

Posted by Lyn Sims, Schaumburg IL Real Estate (RE/MAX Suburban) about 10 years ago

I don't know of anyone in our office letting their license go, but hearing a lot about other agents getting out of the business.  In a way, this might be a good thing.  How many of us have worked with an agent who could barely spell real estate,much less sell it.?  I know I'm going to hear from a lot of people who disagree, but I think this will weed out the deadwood and leave more for those of us who are working hard.

Posted by Jeanne Gregory, RE/MAX Southwest about 10 years ago

This is very true Deb, I work at the front desk at the Realtors Association of the Palm Beaches and I hear so many sad stories of members that just can't afford to be a Realtor anymore but what I suggest to them is to hang their license with a referral company and maybe get a regular job for a bit.  Give it a year. Atleast that way you can avoid the membership fees with the board and MLS for a while and you can still get a referral fee if you know someone who wants to buy.  At our board we will re-instate a member that had to take off within a year with just a re-instatement fee + the pro-rated dues at that time.  After a year you must start as a new member.  So instead of going inactive, take a year and see how the market looks.  I'm sure we will all see improvements in the next year.  Good luck to you all, I know it's a tough time to be a Realtor.

Posted by Anonymous about 10 years ago

I was amazed when looking through the mortgage brokers licenses here in NC last week.  I had to lookup the license #s of some of my loan officers while out of the office so I just searched through the website using their last name.  In many cases, they were the only one "active/approved" out of 12-15 individuals with the same last name.

Roughly 25% of the list I went through were approved and active with a company.  Over 50% were approved through 12/31/08 (the next expiration date) but no longer active with a company.  The last 25% were terminated/expired licenses that did not renew this year.

I am betting that the majority of those inactive licenses will end up being terminated/expired in January.  So it looks like only 1/4 - 1/3 of the loan officers working at mortgage brokers (bank and credit union loan officers are not licensed in NC and many other states) will be left by the start of 2009. 

That could be taken as bad news, I take it as an opportunity.  That means that a large part of the competition, hopefully those that were not educated or doing a good job for their clients, are out of businesses.  It's a shame to see people lose their job, but some times it's for the best and the industry will be better for it.

Posted by Roland Carrillo, PhD - Mortgage Consultant about 10 years ago

I loved the George Burns quote too!  I think it's good that bad agents are leaving, but I hate to see people who I've looked up to for years and who have had a positive influence on my career leave the business.  It's very hard to see, and even harder not to be in a position where I can just write blank checks to my friends who really need it.

Posted by Tamara Inzunza, Close-In Alexandria and Arlington Living (RE/MAX Executives) about 10 years ago

I was reading that George Burns quote. I thought about it, thought about it, and thought about it. For the life of me I could not figure out what he was saying. Then I remembered that he was a comedian, that he made a living by taking normal situations and creating confusion by changing the words around. His audiences then could interpret it any way they wanted but Burns intended it to be funny rather than significant. I thnk he would have been amused that some have found some great insight in this statement.

I don't know anyone who wants to be a failure at anything, let alone a job or situation that they love. And, I know many who start out hating something but wind up loving it once it becomes clear that they are succeeding.

It kind of reminds me of the meaningless phrases "It is what it is", or "stuff happens" that we all use on a regular basis without really thinking about it. Noise without substance.

Posted by Thomas McCombs (Century 21 HomeStar) about 10 years ago

Too bad none of us have a crystal ball.  So many 'lifers' out here are totally confident that this too shall pass.  It seems they have been through some sort of downturn in the market every decade. What is left in the aftermath is a rejuvenated market with revitalized realtors who will never take another lead for granted!

Posted by Pat Haddad, ABR, CRS, ePRO, GRI, Carmel, Fishers, Westfield IN Real Estate Expert (Keller Williams Indianapolis Metro NE) about 10 years ago

Deb, I am not sure how I missed this post but it is interesting!  Board dues are due here on Janurary 5th and I started wondering how many people might not be able to pay...

I am torn.  So many people got in for the money and became "order takers" essentially.  I saw so much of this in lending. Don't get me wrong, not everyone but in Orange County, I sure ran into my fair share.  Those people are of course struggling or are on to their next "quick buck".  I am happy to see them go.

The good ones, well from what I am seeing here, they are still doing enough business to survive.  That is just what I am seeing.  I am not sure where anyone could go right now.  Unemployment is really up and it would be tough to find a job anyway.  So, I guess I am here to stay.

I wish everyone else the very best of luck in figuring out what is best for them.

Posted by Cristal Drake, Realtor - Fullerton Real Estate (Prudential California Realty) about 10 years ago

Hang in there, better times are coming! :)

Posted by Ricki Eichler McCallum, Broker,GRI,ABR, - Your Coastal Bend Home Source (CastNet Realty) about 10 years ago

For those thinking of starting a new profession, or are just seeking additional income...let's talk.

We are a Group of Professionals from across America who have joined forces with one mission in mind... To help Save Homes Across America!  We're seeking Realtors & Mortgage Brokers who desire to help homeowners save their homes. 

The Foreclosure Prevention Industry has a huge problem...it's full of scam artists. Homeowners are having a lot of trouble knowing who to trust.

It is for this reason that we are actively recruiting established professionals (Realtors & Mortgage Brokers) in this industry to join forces with us. Realtors & Mortgage Brokers who have established themselves have done so by earning the trust put in them by their clients. The vast majority are in the business to help people achieve their life-long dream of owning a home...who better to help save homes than someone who cares, and who can be trusted with such a mission!

I'll be traveling from Thursday (Thanksgiving Day) through Sunday.  Send me an email, or leave me a message & I'll get back to you as soon as I can.

No up-front investment required.


Gregory Lohr
SavingYourHome@gmail.com
803-461-4210

Posted by Gregory Lohr (Freedom Foreclosure Prevention Services) about 10 years ago

I'm guessing there will be about a 30% drop in the number of Las Vegas agents next year, but I'm not going to be one of them. Looking forward to implementing some new ideas in 2009, and leveraging my 'social networking capital.'

Posted by John Novak, Henderson, Las Vegas and Summerlin Real Estate (Keller Williams Realty The Marketplace) about 10 years ago

Gregory, Please don't advertise on my post.

I understand the need for this process within the industry but this is my post. If you want to advertise your service then please write a post about it. I am working with Titanium at this moment to help people save their homes and it isn't a scam.

What you are doing within this post is called hijacking in the blogging industry. I would normally simply delete your message but because I feel it is a worthy one I will leave it alone.

Thank you for understanding as I enjoy your comments but I just want us all to follow the rules of posting and respecting each other.

Thank you very much. Deb

Posted by Deb Brooks (Brooks Prime Properties Wichita Falls Texas) about 10 years ago

Deb, my apologies if I appear to be advertising, that is not my intention.  I'm trying to help people, both professionals and homeowners alike.  It's hard to reach people here on AR without telling people, and without appearing like I am soliciting.  Even some of my blogs have been taken as a solicitation when they are not that at all.  We can help Realtors and LO's stay in this industry.  I'm open to suggestions from anyone as to a better way to tell people that we can help as things are getting pretty bad out there. 

I know that the general response is "blog about it."  That really doesn't work though.  So many are leaving the industry when we can help them, so what do I do?  I posted a similar comment a couple of months ago, and someone fussed at me for posting it, while others said "to heck with the rules, post comments everywhere, people need to hear."  I certainly don't want to offend anyone, nor do I want to break rules, yet my hands are tied.

I'm at a total loss here Deb.  I backed away from commenting because I got fussed at once, but I have watched countless people here in the Rain leave.  I'm not supposed to email them, I'm not supposed to call them, and I'm not supposed to comment, and the blogs are worthless as they are taken as a solicitation.  Any suggestions?  It hurts me just to watch what is happening when I have a way to help.  It's almost like having food to give to starving people, but the gov't won't let me drive the truck into town.

I realize you may feel a need to delete this comment, and maybe the other as well.  I understand. 
Feel free to call me though if you want to, I could use some advice...from anyone.  How can I tell people I may be able to help without appearing like I'm soliciting?  Some of the comments on this blog were tough to read...and my hands are tied.

 

Posted by Gregory Lohr (Freedom Foreclosure Prevention Services) about 10 years ago

The reality ( no not realty) of making a living at real estate can be tough.  The market has always had its ups and downs.  Here we are experiencing another spurt of activity in sales with the lower prices.  However rising uunemployment in the area remains a problem. 

I have always been taught that we as realtors are constantly unemployed unless we are out there and actively working or seeking the business.  Many agents in our office are gone and I do expect that others will be as well as association fees become due next month.  However when times get easier they will be back and bring others with them.

Posted by Jackie Cross (Real Living All Florida Realty) about 10 years ago

For many Realtors 2008 will be a career turning point. Those annual MLS dues and the E & O insurance all look a little larger in a market when getting a sale closed has been so infrequent. Consider these things before you close up shop and get a job.  How about your brokerage business model, are you loosing listings and buyers to discount brokers? Perhaps it's time to look at the way you offer your service. Does your brokerage generate your leads, or do you?  Maybe it's time to negotiate a better split with your broker. It might be easier than negotiating the pay at a new job.

And that new job?  Expect a lot of competition for it! Sure, it's a tough time to make a living in real estate, but the government is bringing huge cash to the rescue, and sooner or later those mortgage rates are going to look great again.  Will you be there to help sell out the large supply of houses on the market in 2009?

Posted by Kent Davis (Options Realty) about 10 years ago

For those thinking of starting a new profession, or are just seeking additional income...let's talk

Gregory, it was a solicitation. I know the difference between advertising and "subtly offering a service". Really.

Now with that said, I'm certain that agents that are considering leaving due to lack of income would love to hear what you have to say if you can help them financially, ethically, and within the law. As is stated above by Options Realty of NM, 2008 will be a turning point for many.

I am advocating staying with the RE business myself. Even if you have to go a bit hungry I believe that if you place one RE foot in front of the other RE foot each day, you will beat the odds.

I have felt ZERO desire to delete your comment. If anyone here is interested in what you are soliciting then they certainly have my blessing to call you. Now, with that said, if you are not receiving the incredible amount of response on your solicitation it's because you have not given it up.

Give it up. If the deal isn't plausable enough for you to be up front with and gain intrigue by the "truth" then it will benefit none of us. If you have a viable, workable plan to regain footing in the RE business...why aren't you telling us about it? What you have provided is nothing but a solicitation.

PERIOD.  Now, inquiring minds want to know what you have that is so lifesaving. This is a challenge. I am about to post these two comments to be read by the masses so I suggest that you comment with a very lengthy explaination for your Ad. Should it be received well, God Bless You!

Should it be a SCAM...this will be revealed. I am ready to shake hands and say "thank you sir."

If you choose not to take my challenge...we shall consider your comment soliciting. If it turns out viable...I will show you the ways to reach us on a professional level.

Happy Thanksgiving to You and Yours...Deb

 

Posted by Deb Brooks (Brooks Prime Properties Wichita Falls Texas) about 10 years ago

Deb,

 

I enjoyed reading your blog.  I have been a Full-time Realtor now for a little less than 2 years and love it.  I was in banking for 13 years and then a homemaker for 4 years.  My Real Estate income has been a 2nd income, but now due to unforseen circumstances will be my bread and butter.  So, it is a little scary, but I could not agree with you more.  I am passionate about real estate and helping others so I am giving it my best shot and determined that I will be successful.  It was very encouraging to read your article. 

Posted by Anonymous about 10 years ago

Keep working and brush up on your marketing skills. As the many other agents let their license go, there will still be enough business to support those who stick with it (so long as your target clientele can find you!).

Posted by Benjamin Clark, Buyer's Agent - Certified Negotiation Expert (Homebuyer Representation, Inc.) about 10 years ago

Hi Deb

I wanted to compliment you on your candid response to calling it like you see it, especially with spammers!

As for me, I sell part time and teach and train agents the rest of the time, but I have been pretty lucky with referrals so I'm keeping my license active. Besides, I think it's good to practice what you preach, so when I'm lecuring to a group of budding agents with stars in their eyes, I can at least share with them the in-the-trenches-truth!

Thanks for you blog!

Tamara D.

Posted by Tamara Dorris about 10 years ago

While everyone else is running away I'm running full steam into it.

Posted by Mike Henderson, HUD Home Hub - 303-949-5848 (Your complete source for buying HUD homes) almost 10 years ago

Deb, that elephant in the corner and you just address it up front and personal.  Good for you.  I believe in the industry and have no intention of abandoning the clients I've cultivated and supported through their real estate ups and downs.  I owe them that.  Kind of like a marriage, for better or worse, I'll be here to counsel, assist and provide service.  That's how I feel.

Posted by Terrylynn Fisher, HAFA Certified, EcoBroker, CRS, CSP Realtor, Etc. (Dudum Real Estate Group - BuyStageSell.com) almost 10 years ago

Good post Deb, I like the way you made your point and defended your blog.  Terrylynn your post is right on especially the marriage analogy.

My work is a service to those clients I have helped over the years. For the most part they have been faithfully using and referring me to friends - and that is important. When they call (or email) I want to be there for them. 08 was tough, but it's over. I'll take the lessons learned and move forward.

Wishing you a fine 09.

Kent Davis

Posted by Kent Davis (Options Realty) almost 10 years ago

Participate