Tuesday, November 2, 2010

Opting Out of the Recession

I recently saw a news article about a Twin Cities company that decided to opt out of the recession, and it seemed like they were growing faster than most any other company around these days. I'm not even sure what their business was, but I think it had something to do with technology, Internet, web stuff, or something like that. But whatever they do, it is probably the philosophy of the CEO that makes things move ahead...no matter the external forces.

We can't hide the fact that the real estate business is in a terrible funk right now. And those of us who go into the office each day hoping it is going to change are going to get sore butts from waiting for that to happen. I know I have a little pain now and then!

I have to admit that it is hard to be fired up when everyone is kind of down. But I still see a fair amount of people that understand there are opportunities on the horizon. In fact, just today I talked with an attorney and real estate investor who feels things are getting pretty tasty out there on the buying side, and that may start to become more prevalent. Sometimes it just takes a whack in the side of the head to see some opportunities.

Although I think it is crucial to be knowledgeable and experienced in short sales, foreclosures, and distressed properties of all types -- if nothing else than to help a lot of people out of their difficult situations -- I would like to think of myself as a specialist in helping anyone interested in buying or selling waterfront properties...no matter the state they are in. That is the way most of my agents see themselves as well.

I don't know if I can entirely opt out of the recession even if I choose. The market is what it is, and there is not a lot we can do about that.

But hopefully, my agents and I can keep educating buyers and sellers on the reality of today's waterfront market, and help them through opportunities on both ends. That is what we have done best for years...and we would like to continue with that tradition.

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