I might add that it's also time to farm renters. Prices are attractive and first time homebuyers assistance available.

Scott,

I do not want to disappoint you, but I think this is a dangerous line "Real estate agents are in a position to change peoples lives!"

We should not change people's lives, we only help them to do what they are ready, and willing to do. THen we would be professionals, and not magicians.

I think the change in the approach would be of paramount importance to survvive when the market rebounds. 

Vickie -- can't agree more -- there are renters that have good credit and are saving to buy a house -- a farm to work over time

Jon - I understand but what I mean is that if you can help someone start building equity with the dollars and take advantage of the tax system with the purchase of a home -- it is a life changing event and probably the most important transaction in their lives up to that point in time.  Stay in contact with them over time and they too can become a good referral source.

Thanks for the input.  Make it a profitable day

There are quite a few renters who could very easily improve their financial position by purchasing. There are homes that are less expensive than rent and still a few programs to handle the tough part- the down payment. It's a great time to get that message out.