COVID-19 has pushed us all into the next recession a bit earlier than expected. And now it’s time to make some recession-proofing changes to real estate business for many agents. Many agents are wondering if this recession will be like the last. And just how much changes will apply to this recession.
I get truly excited about well-organized non-fiction, so I appreciate that realtors business model is logically structured. The bulk is divided into 12 tactics for surviving a down market:
1. Get Real, Get Right – Mindset and Action
This is a quick intro about mentally preparing to make the necessary changes to your business. Nothing revolutionary, but a solid way to ease into the rest of the tactics.
2. Re-Margin Your Business – Expense Management
The main changestake on expense management during a slow market is to reduce your expenses as much as possible to protect your profit …