<< Back to all Blogs
Login or Create your own free blog
Layout:
Home > Economic check from the real estate/retail worker

Economic check from the real estate/retail worker

November 7th, 2008 at 06:24 am

I have been so lucky to retain my real estate job, despite my lack of management skills boss. But I am feeling uneasy. Our agents are very seasoned (Remax), but many deals are foreclosures and the ones that do go through are like pulling teeth!! Problems abound that make getting to closing more like a marathon! These people are working for their money, that is for sure! (And most commissions are cut!) The phones are just so eerily quiet. That is what bothers me.

Anyway, I feel bad for the friends I am working for at the mall. I know my friends husband is sweating it. He has owned a sports shop before and it was gangbusters. This is mind boggling for him. The store only made $125.00 today. That is in 11.5 hours. Yikes! He has slashed prices on lots of things. We keep waiting for the holiday spending to hit. I thought it would loosen up a little after the election, but then the stock market tumbled. And judging by the retail losses posted today by so many retailers, I am not feeling too optomistic for them.

Posted in | 2 Comments »

2 Responses to “Economic check from the real estate/retail worker”

  1. Broken Arrow Says:
    November 7th, 2008 at 12:43 pm 1226061791
    1226061791

    Hmm, interesting glimpse into the real estate industry. Thanks.

  2. StressLess Says:
    November 7th, 2008 at 12:46 pm 1226061994
    1226061994

    Interesting to hear how things are at your real estate office. It almost makes me feel better. DMom's house has been listed for almost two months now, and only 3 or 4 people have looked at it. One was just a curious neighbor. One guy was interested, but hasn't been able to make an offer because he can't get financing. The realtor said it was just the market, there wasn't anything we had to do to make it more saleable. She didn't think anything would move til after election day--and here we are with still no nibbles. This was an agent who sold my cousin's house in the same neighborhood last year. That went in 2 weeks!

Leave a Reply

(Note: If you were logged in, we could automatically fill in these fields for you.)
*
Will not be published.
   

* Please spell out the number 4.  [ Why? ]

vB Code: You can use these tags: [b] [i] [u] [url] [email]