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You Know Real Estate Has Crashed When…
- You forget how miserable 2006 was and instead think of it as the Good Old Days.
- You have a price reduction form available to clients as a “fax-on-demand.”
- The customer service number for a referral company you attempt to register with is now a chat line.
- A competitor’s website redirects to their Amway business.
- When you tell a stranger at a cocktail party you are a broker they give you a hug.
- The next day they bring a casserole to your house.
- You no longer have to explain to anyone what a short sale is.
- You no longer have to explain to anyone what a BPO is.
- You laugh at an appraiser when they use comps from 6 months ago.
- You notice how generous commissions have gotten.
- Mainly because the sellers are banks.
- Half the expired listings you find aren’t prospects because the seller is a bank.
- You hate banks.
- Your wife asks you why you shake your head anytime you hear the word “Countrywide.”
- You get more spam about second income opportunities.
- You read it.
- When a prospective listing says what they paid for the house you mentally start subtracting.
- When an overpriced client tells you that this will all be sorted out by the Spring you tell him to shut his pie hole.
- You get startled when your cell phone rings.
- You are disappointed when it is a social call.
- You have more time to blog.
- You have more time, period.
and the best one…
- The only agents left are the professionals like US.
