Time To Take Action And Move Ahead

By Bob Majorino
Broker/owner, Prudential California Realty

There has been a lot of negative buzz lately regarding the state of the current real estate climate. This market certainly offers challenges, but it also offers a lot of opportunities. This is NOT the time to band together and simply do nothing because everyone else thinks that now is not the time. If you have a knowledgeable Realtor on hand to listen to what you wish to accomplish and go to work on your behalf, you can make substantial gains in your asset base. This is because the market is more competitive and the interest rates are still favorable. Also, time is money, too. If one waits for an unknown set of circumstances to come into view, one will find that they would have moved far ahead by not waiting around for a time when all their friends thought it was a good time to do something in real estate.

Most everyone I know who has been around awhile has made a good purchase during a "real" market in which actual trading takes place and deals are made based on a number of factors. These do not exist in a super-heated market. During the latter, one pays the price and not much negotiation is involved. This is a time when a sharp real estate agent can truly make a difference in the quality of the transaction, and the net result of signing one's name to a purchase or sale contract. Those who do will someday look back and say, "When all of my friends were standing around the water cooler commiserating, I took action and moved ahead." It makes you feel pretty smart!

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