This has not been a wonderful year for Real Estate, not by a long shot! We can all mope and be depressed about it or we can go after marketshare. Many of our competitors are not around anymore, they have moved out of Real Estate and real estate related businesses. We can mourn their departure or pick up on their contacts and share of the market.
I, as a Real Estate Appraiser, have seen many of my competition go by the wayside. Even a short period out of the business spells disaster for those professionals. I do not perform the number of appraisals that I have in the past several years, however I have gained market share. I have picked up new clients that trust me to perform their appraisal assignments. Believe me! those appriasers that lost their clients will be thought of (by those same clients) as whatever they are doing to make ends meet for a long time.
I look forward to long term relations with my new mortgage clients and believe I will have a foot in their doors for many years to come, even in the good times while others want back in. Appraisers in Missouri seem to be falling by the month.
I do not write this to dance on the hard times of others, I write this to those that should remember the investment they made to get contacts and clients. Many should think long and hard before laying this investment aside. This message applies to Agents, Appraisers, Mortgage Professionals, and many others who struggle to decide to their future. This will get better.