Tuesday, February 24, 2009

Profiting from the current market as a real estate agent

By Makelaar Maastricht

Because of adverse market conditions, many real estate agents are deciding not to renew their real estate licenses. They will be going back to so called 'real jobs'. With most of the amateurs leaving, it leaves more options open for the serious, professional real estate agents. So think back to the famous song: "When the going gets tough, the tough get going".

There is a lot of market share to be scooped up right now. Because of the thinning of the herd, there are still possibilities to profit from the current real estate trends. But succeeding in a down economy and adverse conditions calls for the right mindset and the skill of focusing on what's important right now.

In the current market, real estate agents have a few options. You can choose to quit. If you're an amateur, that might be best for all involved. It's not an easy job and if you weren't making money in the good times, you won't be making money in these times. But if you are serious about being a real estate agent, you will have to dig in and find niches to serve. In every market, under all conditions, there are niches to be served and profit to be made.

Marketing is always the most important skill for an entrepreneur and especially in a crisis. Now is the time to work on your marketing skills and scoop up some market share that's available because your competition is quitting left and right.

With so many agents leaving the field, you can scoop up all the market share that they left and lead the field.

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