Is your Realtor still around and if so....for how long?

In response to the recent problems in our nation's economy, 8% of the real estate agents in the DFW area have decided to give up on our market. Predictions are, we will see another 2% - 5% before the end of 2008. Is your agent still in business?

Most agents that get out of the real estate market when times are slower are generally considered in our profession to be "hobby agents". These are agents that try to do real estate on the side, helping an occasional family member or friend. However, generally instead of "helping" that family member or friend, they are hurting them, in most cases more than that client would expect. Hobby agents do not have the experience that full time agents, that is, agents that earn their living through helping people buy and sell real estate, have. 80% of the agents in America typically only handle 2 closings PER YEAR! How can those agents negotiate and get their clients the best deal possible, leaving no money on the table? How can they look out for all the contract loopholes and know how to solve all the unique problems that pop up on almost every contract?

When it comes to choosing your next agent, remember, YOUR family, and YOUR income comes first. Don't worry about hurting someone's feelings. Choosing a Realtor is a business decision and you should go with someone or some team that has experience, education, and also makes you feel comfortable and can easily answer most if not all of your questions. You want an agent/team that is stable and can last through all the highs and lows of the market. Don't cheat yourself!