This market has resulted in many Real Estate Professionals in Missouri leaving. Not just Salespeople, there are mortgage professionals, Appraisers, Surveryors, Abstractors and many others that have left the business to never come back. This is sad to see some of our friends that we made over the years leave us, however it is a great oppertunity to capture market share.
Each of these professionals had prior customers, contacts and friends that can no longer call on them. For those that can make the investment for future business, wow! Unfortunately, I am in a position of survival and digging my heels into what is here now and gaining that share. Those that will benefit the most from the next Real Estate upswing will be those who are patiently and methodically spending the time and money on market share and planting seeds for the harvest.
This is an expensive and somewhat risky idea of investing heavily in marketshare when there is not much of a market. The immediate results will not be cost effective, these people are looking at the long term when people come flocking back into real estate and there will not be an over supply of professionals ready to serve. The risk comes from not knowing who will be in the business next month or next year and investing in them anyway, also that the market might be very slow in coming back.
I just wanted to post my thoughts on the environoment for the current Real Estate Professionals.