Hey this market may be "GREAT" for all Realtors!
What you're saying to yourself, doesn't this squirrel watch Katie Couric and the rest of the TV purveyors of DOOM everyday?
And yes I do.
But I have had the "aha" moment that many have not IMHO (In My Humble Opinion) yet. The current financing climate is "forcing" the Realtors back into the transaction.
Think about it, we used to be the keepers of the keys to all the homes, now we need to switch and be the ones that can help them get a mortgage. Not all lenders are out of the sub-prime or 100% financing markets, but each one seems to be playing by their own internal rules and they are different. So my advice, is to do like we have and start finding out "who" can do "what" and "how" so you are valuable commodity to the consumer. Learn how to interpret the programs, and work the system by it's own rules. Does the borrower owe back support? Have them work it out and not only get a home sold, but maybe get some money to a single mother that can use it.
Help SOLVE the problems and not just walk away, from the credit challenged.
Information and our time are valuable and we need to stop "bellyaching" and start doing what we do best...help move America.