Joshua Hess, Real estate marketing in Macon & Warner Robins. (One Dollar Genius)

Spam prevention
Rainmaker
1,178,743
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

I guess that is not the case here. When we had 4 month of inventory we were selling low end REO like hot cakes. I did not bother with high end.  With inventory as low as 2-3 weeks, it is still active.  

The estate sale near SFO is slowing down. No Russian or Chinese coming with cash, every seller is forced to lower price.  It appears a few mil reduction is still not affordable....

Oct 02, 2015 04:50 AM
Rainer
145,253
Andrzej Niemyjski
Realty One Group - Sun City West, AZ

Its not about working harder but working smarter but given that the planning should have done before market dies down.  

Oct 02, 2015 05:49 AM
Rainmaker
6,961,863
Roy Kelley
Retired - Gaithersburg, MD

With the high average age in the industry, another alternative for many is to retire or just work part time.

Oct 02, 2015 05:41 AM
Rainmaker
914,708
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

There are seasonal or cyclic changes that occur in the market and require no change from one's SOP. However, what can occur, and appears as a "market die down' is actually the result of activity moving to another segment or category. Recent example is distressed sales.

I analyze where the business has gone then get back in the game. I keep data on the 12% share segments and make certain that is where my activity is focused. 

Oct 02, 2015 04:39 AM
Rainmaker
778,856
The Woodland Team of Texas
The Woodland Companies - Austin, TX
Land Specialists

Both.

Mar 28, 2019 10:47 PM
Rainmaker
3,070,784
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Sandy and Norm Padula nailed this one!

Oct 28, 2016 11:28 PM
Rainmaker
1,549,295
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

Probably regroup, since loosing a deal is very stressful unless I knew that it is coming and I know exactly what should be done to do it successfully next time.

Oct 08, 2015 05:51 PM
Ambassador
5,696,131
Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

Both, more marketing and perhaps a different direction.

Oct 02, 2015 03:31 PM
Ambassador
3,986,960
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

I do some of both. It is time to look outside the box and also stay with the tried and true marekting that has always worked.

Oct 02, 2015 02:12 PM
Ambassador
3,070,956
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

I just keep doing my thing and get caught up on other stuff.

Oct 02, 2015 11:04 AM
Rainmaker
1,683,406
Larry Johnston
Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN
Broker,Friends & Neighbors Real Estate, Elkhart,IN

We market the same all year long.

Oct 02, 2015 08:34 AM
Rainer
86,514
Mike Kelly,CRS,CIPS
The MJKelly Team - Santa Rosa, CA
"One of Sonoma County's Natural Resources"

"Dies Down"--boy, what a relative term that is! So in our market "Dies down" could mean 3 offers on a home instead of 10! Single digit appreciation would be "Dies down". I think ANY pro who does lead generation daily wont' face this decision. They may have to shift their marketing efforst to a different seller and/or buyer--but if anything if the numbers aren't coming in then accelerate. Massive Action is the critical key.

Oct 02, 2015 08:18 AM
Rainmaker
634,382
Kathleen Luiten
Resort and Second-Home Specialist - Princeville, HI
Kauai Luxury Ocean Home Sales

My answer echoes Andrzej Niemyjski's. Work smarter and assume there will be downturns. Plan ahead with several scenarios for responding when the market changes. 

Oct 02, 2015 07:41 AM
Rainmaker
1,667,126
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West - Carlsbad, CA
Presence, Persistence & Perseverance

I go to Disney World.  NOT! We work smarter, realign our strategies and review what has worked and what has not.

Oct 02, 2015 06:12 AM