Archive for February, 2009
This Month In Real Estate Feb ‘09
February 11th, 2009 Categories: Real Estate News
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May 2009 Two Types of Real Estate Offices
February 11th, 2009 Categories: Real Estate News
Steve Murray who is the editor of Real Trends made a statement ”May 2009 there will be two types of Real Estate Companies, those that are open and those that are closed”.
We have just seen one such company the McDonald Group GMAC has closed its doors leaving agents to scramble for a broker to place their license. The good news unlike the AllPro agents the GMAC agents were paid their commissions on pending deals.
So please when interviewing an agent ask them about their company. Does your company have debt? Does your company have cash reserves? If the answer is yes we have debt and no we don’t have cash or they don’t know the answers to these questions move on.
The same goes for agents align yourself with a company that will be around in a year.
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