Jun 13 2008
Real Estate Distress: How Some Agents Are Booming
Some real estate agents are benefiting from the recent real estate distress. Are you one of them?
In a recent CNN report, David Mc Ilvaine is. He has benefited by selling homes that have gone through foreclosure and the banks holding them are looking to sell them. He’s making a profit from those borrowers who lost their homes.
In an industry where the housing market is struggling and many real estate agents are bailing out, could this be the best route to take to do well?
The key to many of the real estate agents who stay in the business is being able to specializes. For Mr. Mc Ilvaine, for example, the foreclosure market is his specialization. In a time of housing problems, this could be the only option for some agents to stay in the game.
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