With the economy continues to deteriorate as you want in the next year?
Temporarily put aside, financial and economic worries, 3 basic truths you your planning.
Truth No. 1: Houses are still bought and sold are
Yes, it is not so many buyers.
And there will be fewer people with more sellers listing and anxious than in the recent past.
With fewer customers in the market, competition will be stronger than everbefore.
Surely listing prices will be lower than in previous years.
The result is, you have to work harder and create more intelligent, and leads and produce new business. It is also likely that the average commission per transaction will be less next year, that last year.
To hold the 2008 level of income will probably be asked to take care of more customers next year. But that's not all bad ... more customers to increase the cumulative lifetime value of customers and generatemore repeat and referral business.
Realistically, does not mean the end of a busy market in the disappearance of the result of either the market itself or its customers. The transition to a slower market where you can find to do is wiser that the people who need your assistance work.
Truth No. 2: Everything good and bad ... ... Things that will end sooner or later
Inevitably, when we are enjoying good times, they end sooner than we want.
On the other hand, we usually feel that bad timestoo long.
For most of the past two decades, we have unprecedented economic growth.
Many economists believe the good times past would have ended ... For most of us it ended too soon.
No one knows how long it will take the current prolonged economic turbulence.
Most people believe, however, that it is indeed the end ... sooner or later.
From my experience, there are two important things I learned.
One is that no matter how largethey are not good times last forever. Certainly it is good to celebrate the wealth generated success ... but not too much ... It is not permanent.
Conversely, do not let the frustrations of a weakening economy drag down too low to improve things, almost before you know it.
And secondly, if you own your own business, I believe the best is yet to come, but expect the worst.
Certainly, the current economic turmoil end, but until then we must accept the reality,that they are here.
Truth # 3: You can not influence the economy, you can only control how you react
Even the brightest and probably the most able economists and politicians can not influence the global economy.
Do not get dragged down into and through the ongoing spate of economic news upset depressed.
Instead, concentrate on what you can Control-your actions.
Doing what we can well
Keep doing this, find what you do: andServe customers.
Improve your marketing ... do not ignore it.
Changing wear your marketing plan on the economic uncertainties into account. Determine how you and the
Resources available will help you survive the bad times, and further if better times to be successful.
Economic uncertainty also affects clients.
They you need to about the market conditions in their neighborhood advice. And it is equally important, they need assurance that you are stillready, willing and able to help them.
By searching for your customers they will continue to look after you
Changing economic conditions increase the importance of keeping in touch with customers.
And if you look after your customers, they will also take care of you. How do you stay in touch with them, provided them with the information necessary to repeat it continues to generate referral business for you.
It is through this constant source of new business youwill survive the economic downturn and prosper when better times.
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