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Originally Posted by pdxrealtor
If there is ONE answer I hear more than any other when I ask that question... it's the one you just gave.
Glad to hear your doing good.
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Well luckily I have been doing this a while (15 years), besides doing RE sales I also have an appraisal business along with playing with investment properties.... being a bit diversified in these times has definately been a big help..... I just recently took advantage of the downturn and scooped up a great deal on a forclosure property waaaaaay under market value that Im rehabbing to put back on the market.... doing a first rate rehab (gutted the bath with all new drywall, tub and tile, real hardwood, new doors and trim, paint, custom kitchen cabinets, granite counters and stainless appliances) and I will be able to throw it back on the market cheaper than the competition with a way superior product so it should sell fairly quickly.... Ive actually got a handful of people interested when its finished.
Anyone in this business who has weathered this storm is here to stay..... one good thing is this whole downturn has purged alot of the morons out, getting a R.E. license is easy, keeping one and making money with it over a long period is a whole different story... I cant believe some of the people I dealt with back when things were just rocking (2004-2006 at the peak).... I dont know how they made it from their bed to their car.... morons!! but in those times you didnt have to know $hit to make money..... those people are all long gone now, selling listings and representing buyers is not what it used to be.