Recession has had its impact on real estate too. The real estate market is now struggling in many areas of the country. The real estate agents and brokers have realized the importance of being a financial planner in accord to being a sales person. Traditional approaches to the current market do not have its stand in the global real estate market. With real estate transactions going online, agents are seeing themselves in new levels with professionalism and customer service. In such a situation, real estate agents are to be high on heels with technology.
The easy access to information on the internet with increasing computer usage from clients and agents is now the pushing force affecting the changing real estate market trends. 80% of the country’s population now shops for homes on the internet. All potential buyers have the real estate knowledge at their fingertips. This has decreased the tolerance of buyers as they want their agents to give them all the information now!
Also, the current real estate market has seen a lot of foreign buyers investing in the American real estate market. These foreign investors look at investments in America for either vocation homes or good investments. The vocation homes that are purchased by these foreign buyers are mainly the condominiums. With such extensive real estate activity, some real estate agents fear facing the foreign investors due to the raising nationalism and the United State’s approach to fight terrorism.
The mortgage market is yet to recover from recession. However, the property market has made a small improvement in making good investments. But still many are concerned about the scarcity of debt and good properties to invest on. This calls for a need to foresee the future trends in real estate.
The redundancies in financial services, property and investment lead to creating redundant office spaces. Real estate companies tied up to long term leases are now subletting their office space to be more entrepreneurial during recession and create income opportunities. They are adopting to operate from smaller office places that can accommodate a real estate team.
The property market is expected to go quiet with the business going on the internet. Technology and construction techniques are being used in clean, eco friendly and energy efficient green homes. The global environment consciousness will see filtering through financiers to decide upon sustainable development, investment, management and occupation practices in real estate.
For additional resources and information please visit the following sites.
Bill Fields All Star Coaching Program: http://www.AllStarCoaching.net
GreatWest GMAC Search all MLS Listings: http://www.LocalHomeLink.com
GreatWest GMAC Consumer Buyer/Seller Blog: http://www.GreatWestBlog.com
T. Sami Siddiqui (Broker/ Owner) Buzz About Sacramento Blog: http://www.samisiddiquiblog.com
Brodie Stephens (Executive Vice President) One Stop Blog: http://www.brodiestephensblog.com
GreatWest Podcasts- Weekly Updates on new REO, Short Sale, Bank Owned Foreclosure Listings: http://www.HouseTalkOnline.com
GreatWest Videos: http://www.youtube.com/brodiestephens
Facebook Brodie Stephens Profile Page: http://www.facebook.com/brodiestephens
Facebook GreatWest Profile Page: http://www.facebook.com/searchmlshomesforsale
MySpace Brodie Stephens Blog: http://www.myspace.com/brodiestephens
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Picasa Web Album: http://picasaweb.google.com/brodiestephens
GreatWest Real Estate Careers- GMAC is looking for Professional Realtors to Join Us: http://www.CareersWithUs.com
Global Employee Relocation: http://www.employeerelocation.blogspot.com
Apply for a Loan: http://www.choice1funding.com
ActiveRain Blog Brodie http://activerain.com/blogs/brodiestephens
ActiveRain Blog Companyhttp://activerain.com/blogs/greatwestgmac
Company WordPress Sitehttp://www.thehomeholders.com