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Is the Worst Behind Us?

If optimism is a measure of economic recovery, then my coach, Garrett's, take on current trends may serve as a positive indicator in apparently bleak times.

By:  | AllBusiness.com | 
Filed In: Real Estate
2008-05-01
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I meet by phone with my business coach every other week. We discuss the systems I utilize, review successes, failures, focus on areas in need of improvement, etc. Today's conversation was no exception. The good news is I continue to be doing everything I need to in order to keep the engines revved, growing business exponentially. If optimism is a measure of economic recovery, then my coach, Garrett's, take on current trends may serve as a positive indicator in apparently bleak times. Garrett maintains a book of fifty clients, most of us earning livings in the real estate industry. Of the fifty, approximately half have business which are thriving or, at a minimum, consistently increasing in volume and number of transactions.

His clients come from across the country. In Garrett's unscientific estimation and based solely on conversations with us all, we may be at the bottom of the market and turning the corner. He's noticing a trend to the plus side and is predicting solid gains in the coming two quarters. Frankly, the constant drone of bad news aside, I'm not surprised. I can see agents in my own office consistently delivering new contracts. My business remains consistent, the product of years in the game combined with predictable systemization and referral network management. In any event, it's a positive sign that at least one coach in the trenches is noting an upbeat change in his customer base. Furthermore, though in my posting concerning the Standard and Poors Home Pricing Indices reported only a couple of days ago, the numbers don't look good in Nevada, California and Florida, I've read recent reports that housing markets from New York City to Seattle remain "hot buys".

For those who do the work and keep the faith, there's work to be done, clients served and money made.

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