Wednesday, January 16, 2008

Being successful in 2008

The new year is well underway and most of us have already failed at some new year's resolution, but it is not too late to make changes in your business that will lead to a successful year.

One of the people who I work for, Jim Fite, says that if you do the same thing this year that you did last year, you will NOT get the same results. Rather, you are likely to get worse results if you do not make changes to keep up with changing times.

I believe that 2008 will be a year of tremendous opportunity. I believe that investors will start coming back into the market to take advantage of some bargins that exist in our market today. I also believe that agents who make the right canges to their business will be tremendously successful. I further believe that new agents who succeed in this business will be in the business for a long time to come.

So, what are some of the changes that agents need to make to be successfull in 2008? First, I believe that there are more opportunities now with For Sale By Owner properties and expired listings than there has been in a long time. It seems that more FSBO properties are not selling and that more quality expired listings are available each day. In a future blog entry, I will address more thoughts on how to get in the door to these sellers, but let's just say that you have to look for something that will make you stand out in the crowd.

The biggest thing that you have to change in 2008 in order to be more successful is attitude. DON"T BUY THE HYPE! The real estate sky is not falling in the Dallas-Fort Worth markets. Recent trends show that home prices continue to make increases across the area, job growth continues to be strong and the overall local economy seems to be surpassing the national economy in many ways.

Wake up each day in 2008 and believe that you have the ability get out there in the world, work your plan, and be successful!