What\u2019s in store for Realtors\u00ae in 2019?<\/h1>\nFrom CEO Jeff Kee<\/h3>\n<\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div>Is this your last year in real estate? I think not.<\/h4>\n
I\u2019ve been helping real estate agents since 2005, and my first Realtor\u00ae website launches started in 2007. In 2008 we saw a great recession, which saw home prices & transactions fall significantly well into 2009 until the market recovered. A wise old proverb says what goes up must come down, and the real estate market is no different.<\/p>\n
Throughout the second half of 2018 the number of homes sold in Metro Vancouver saw double-digit drops<\/a>, many of the months recording about 40% lower sales<\/a> compared to the same period in 2018. It is, without a doubt, a slow period for real estate professionals.<\/p>\n<\/h5>\n<\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div>I\u2019ve seen this before; this was coming again without a doubt \u2014 and here we are:<\/h5>\n<\/div>- <\/i><\/span>\n
Homeowners (sellers) have been used to double-digit increases in home prices, and were (and some still are) expecting to sell at a certain price point.<\/p>\n<\/div><\/li>
- <\/i><\/span>\n
Buyers, due to increase in mortgage restrictions and other factors, are taking a breather and standing on the sideline, watching.<\/p>\n<\/div><\/li>
- <\/i><\/span>\n
Many Realtors\u00ae report that open houses show very low activity, often completely void of visitors even in the most popular parts of the city.<\/p>\n<\/div><\/li>
- <\/i><\/span>\n
The result: less transactions, more inventory than ever, lower sales-to-listing ratio; a market stagnation, a stalemate, or a buyers\u2019 market\u2026 however you want to call it.<\/p>\n<\/div><\/li>
- <\/i><\/span>\n
After a historically slow summer,\u00a0November 2018 still saw 42.5% lower transactions<\/a>\u00a0than November 2017!<\/p>\n<\/div><\/li>- <\/i><\/span>\n
During this stagnant period,\u00a0many less-established real estate agents give up & drop out<\/a>\u00a0of the market.<\/p>\n<\/div><\/li>- <\/i><\/span>\n
As any market goes, it will recover, and start rising again, as it did in 2009 and on, until now.<\/p>\n<\/div><\/li><\/ul>
This is an opportunity for many real estate agents! But this also means\u00a0new real estate agents will flood the market again<\/a>\u00a0as things recover, increasing competition.<\/p>\n<\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div>![\"Greater](\"https:\/\/d2cxg3816va608.cloudfront.net\/realtors\/wp-content\/uploads\/2019\/01\/future-real-estate-graph.jpg\")
<\/p>\n<\/div>
<\/div><\/div><\/div><\/div><\/div><\/div>![\"\"](\"https:\/\/d2cxg3816va608.cloudfront.net\/realtors\/wp-content\/uploads\/2019\/01\/future-graph-mobile.png\")
<\/p>\n<\/div>
<\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div>What To do During A Slow Real Estate Market As a Realtor\u00ae<\/h4>\n
It\u2019s not the end of the world, nor the end of the real estate market. Homes will be sold, commissions will be made again. It\u2019s a question of when, and by whom. One of the biggest mistakes that businesses make during recessions (this applies to all businesses, not just real estate) is to skim down on marketing budget first. Many businesses made this mistake during the 2008 recession<\/a> and hurt their stagnant sales even more.<\/p>\n<\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div>In the 2008 downturn, the REBGV saw over \u2153 of Realtors give up their licenses and walk away.
\nWill you be part of the \u2154 that remain, or drop off?<\/strong><\/h4>\n<\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div>When there\u2019s less pie, you need to work harder for a slice!<\/h3>\n
Slowing down your marketing, or reducing the quality of your material, is the worst thing you can do during a recession. In fact many business leaders call for increased marketing expenses<\/a> during slower times. There are still competing agents in the field, with even less action. You have to work harder to get a piece of the smaller pie. Remember that being a Realtor\u00ae is a zero-sum game<\/a>. The deals others close, are the deals you lost out on. Are you going to compete, or sit back and lose? Your call!<\/p>\nThis is a turning point and an opportunity. In the 2008 downturn, the REBGV saw over \u2153 of Realtors\u00ae give up their licenses and walk away. Will you be part of the \u2154 that remain, or drop off? This slow period can be an opportunity for veteran agents to secure their presence, and for new & motivated agents to rise up to the call. We can help you avoid being on the bottom \u2153.<\/p>\n<\/div>
<\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div>Sharpen Your Swords During Your Rest Period; Don\u2019t snooze!<\/h4>\n
The time you are NOT spending on back-to-back showings, or dealing with multiple offers into 11PM is the time you should re-invest into bettering your marketing. We offer the most unique & high-performing listing marketing material<\/a> to help you rock your next listing presentation or buyers meeting.<\/p>\n<\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div>What do you bring to your Listing Presentations?<\/strong><\/h4>\n<\/div>Listing Booklets<\/span><\/a><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div>By preparing now, you can be better-established for when the next wave of new Realtors\u00ae flood the scene<\/a> and try to take a piece of your action away.<\/p>\nInvest & work ON<\/em> your business,
\nnot just IN<\/em> your business.<\/a><\/h3>\n<\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div>More Leads, More Qualified Leads, More Sales from Your Website<\/h3>\n
Our custom websites take a scientific approach for results. Because first impressions are made on the listing detail pages almost 40% of the time<\/a>, we offer an industry-leading design solutions. Upgrading your listing gallery can help you entice even more buyers & sellers<\/a>, and potentially attract even more Google traffic from qualified leads.<\/p>\n<\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div>\u201cWe win half the battle when we make up our minds to take the world as we find it, including the thorns.\u201d<\/strong><\/h4>\nOrison Swett Marden<\/h4>\n<\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div>More Attention To Detail & Finesse During A Slow Period<\/h3>\n
Our design team can work with you closely to brainstorm and create the best marketing platform ever. With your valuable input, and our genius creativity, we can hit a home-run together. You are a cut above other Realtors\u00ae – our real estate branding services can set you up on the right base!<\/p>\n<\/div>
<\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div>![\"\"](\"https:\/\/d2cxg3816va608.cloudfront.net\/realtors\/wp-content\/uploads\/2018\/12\/John-Smith-Booklet-1024x768.png\")
<\/p>\n<\/div>
<\/div><\/div><\/div>Your feedback matters, and your voice needs to be reflected.<\/strong><\/h4>\n<\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div>
Is this your last year in real estate? I think not.<\/h4>\n
I\u2019ve been helping real estate agents since 2005, and my first Realtor\u00ae website launches started in 2007. In 2008 we saw a great recession, which saw home prices & transactions fall significantly well into 2009 until the market recovered. A wise old proverb says what goes up must come down, and the real estate market is no different.<\/p>\n
Throughout the second half of 2018 the number of homes sold in Metro Vancouver saw double-digit drops<\/a>, many of the months recording about 40% lower sales<\/a> compared to the same period in 2018. It is, without a doubt, a slow period for real estate professionals.<\/p>\n Homeowners (sellers) have been used to double-digit increases in home prices, and were (and some still are) expecting to sell at a certain price point.<\/p>\n<\/div><\/li> Buyers, due to increase in mortgage restrictions and other factors, are taking a breather and standing on the sideline, watching.<\/p>\n<\/div><\/li> Many Realtors\u00ae report that open houses show very low activity, often completely void of visitors even in the most popular parts of the city.<\/p>\n<\/div><\/li> The result: less transactions, more inventory than ever, lower sales-to-listing ratio; a market stagnation, a stalemate, or a buyers\u2019 market\u2026 however you want to call it.<\/p>\n<\/div><\/li> After a historically slow summer,\u00a0November 2018 still saw 42.5% lower transactions<\/a>\u00a0than November 2017!<\/p>\n<\/div><\/li> During this stagnant period,\u00a0many less-established real estate agents give up & drop out<\/a>\u00a0of the market.<\/p>\n<\/div><\/li> As any market goes, it will recover, and start rising again, as it did in 2009 and on, until now.<\/p>\n<\/div><\/li><\/ul> This is an opportunity for many real estate agents! But this also means\u00a0new real estate agents will flood the market again<\/a>\u00a0as things recover, increasing competition.<\/p>\n<\/div> It\u2019s not the end of the world, nor the end of the real estate market. Homes will be sold, commissions will be made again. It\u2019s a question of when, and by whom. One of the biggest mistakes that businesses make during recessions (this applies to all businesses, not just real estate) is to skim down on marketing budget first. Many businesses made this mistake during the 2008 recession<\/a> and hurt their stagnant sales even more.<\/p>\n<\/div> Slowing down your marketing, or reducing the quality of your material, is the worst thing you can do during a recession. In fact many business leaders call for increased marketing expenses<\/a> during slower times. There are still competing agents in the field, with even less action. You have to work harder to get a piece of the smaller pie. Remember that being a Realtor\u00ae is a zero-sum game<\/a>. The deals others close, are the deals you lost out on. Are you going to compete, or sit back and lose? Your call!<\/p>\n This is a turning point and an opportunity. In the 2008 downturn, the REBGV saw over \u2153 of Realtors\u00ae give up their licenses and walk away. Will you be part of the \u2154 that remain, or drop off? This slow period can be an opportunity for veteran agents to secure their presence, and for new & motivated agents to rise up to the call. We can help you avoid being on the bottom \u2153.<\/p>\n<\/div> The time you are NOT spending on back-to-back showings, or dealing with multiple offers into 11PM is the time you should re-invest into bettering your marketing. We offer the most unique & high-performing listing marketing material<\/a> to help you rock your next listing presentation or buyers meeting.<\/p>\n<\/div> By preparing now, you can be better-established for when the next wave of new Realtors\u00ae flood the scene<\/a> and try to take a piece of your action away.<\/p>\n Our custom websites take a scientific approach for results. Because first impressions are made on the listing detail pages almost 40% of the time<\/a>, we offer an industry-leading design solutions. Upgrading your listing gallery can help you entice even more buyers & sellers<\/a>, and potentially attract even more Google traffic from qualified leads.<\/p>\n<\/div> Our design team can work with you closely to brainstorm and create the best marketing platform ever. With your valuable input, and our genius creativity, we can hit a home-run together. You are a cut above other Realtors\u00ae – our real estate branding services can set you up on the right base!<\/p>\n<\/div><\/h5>\n<\/div>
I\u2019ve seen this before; this was coming again without a doubt \u2014 and here we are:<\/h5>\n<\/div>
<\/p>\n<\/div><\/p>\n<\/div>What To do During A Slow Real Estate Market As a Realtor\u00ae<\/h4>\n
In the 2008 downturn, the REBGV saw over \u2153 of Realtors give up their licenses and walk away.
\nWill you be part of the \u2154 that remain, or drop off?<\/strong><\/h4>\n<\/div><\/div><\/div>When there\u2019s less pie, you need to work harder for a slice!<\/h3>\n
Sharpen Your Swords During Your Rest Period; Don\u2019t snooze!<\/h4>\n
What do you bring to your Listing Presentations?<\/strong><\/h4>\n<\/div>
Invest & work ON<\/em> your business,
\nnot just IN<\/em> your business.<\/a><\/h3>\n<\/div>More Leads, More Qualified Leads, More Sales from Your Website<\/h3>\n
\u201cWe win half the battle when we make up our minds to take the world as we find it, including the thorns.\u201d<\/strong><\/h4>\n
Orison Swett Marden<\/h4>\n<\/div><\/div><\/div>
More Attention To Detail & Finesse During A Slow Period<\/h3>\n
<\/p>\n<\/div>Your feedback matters, and your voice needs to be reflected.<\/strong><\/h4>\n<\/div><\/div><\/div>