We are seeing more activity in all the offices as Spring finally makes an appearance!
Some of the things Bill and I are talking about:
All real estate is local. Our kudos to the Sun Times for their recent articles on the state of the market and the insight of their reporters in finding good numbers in the voluminous statistical information from the Chicago area.
We are closer to a normal market now than we were a year ago. The reality we all need to embrace is the overall market will look like this for some time going forward. There are a host of reasons, and they all point to the ability of buyers to have adequate choices in financing. The credit markets will not loosen until there is a solid upswing in the real estate market. The real estate market will not have a solid upswing until the credit markets loosen.
Something will give in this tug of war.
The success stories we are hearing have a few common themes. Working smarter and faster. Adapting and letting go of practices which are not working the way they used to .
Don't change the things you do, change how you are doing them.
Listings, listings, listings. Buyers come to you when you have inventory.
Be the expert in the markets you serve.
Next time any of you are in Downers Grove, please don't tell Tom Myers III the market is not vibrant, he sold four (4) houses this past weekend!
See you all Friday.
Dave