Predictions and advice to succeed in 2008
2008 will no doubt mean huge shifts in the real estate industry and henceforth the online community. Words that come to mind are some of the obvious ones. The following may be experienced by the public and certainly agents:
- Foreclosures
- Bankruptcy
- Office Closures
- Massive Attrition from the industry
- And a possible recession beyond real estate
- Information Overwhelm and Confusion
- Misplaced energy
- Demand for publishing
- Near Death of the MLS
- The Renewed art of Creative Financing
Some of these are self evident while I will explore the others thru this post.
We are getting what could be seen as attacked online. There is so much information being thrown at us that choice is becoming less empowering and more inhibiting. The online world will become even crazier as the advice being thrown about out there is getting more and more complex, and in many cases just plain bad.
Guard Your Information Flow
Sifting thru information is an expense. How you manage that expenditure will determine your profits.
Have you ever got online without a specific goal and found yourself stuck in reading every email that of course leads you onto the web? And the end of the day comes and you basically have surfed some really "interesting" sites all day. Not doing anything to bring you closer to your goals?
If feels justified, but with honest introspection, you know the day was a wash. And 8 hours of non sense at $100 an hour is an $800 loss. But of course if that is habitual then one can probably make more money hourly at the local Super Market. The best way to beat this is to surf the web with specific goals and outcomes.
Expenditures can include:
- Bad online marketing strategies
- Reading low value information
Remedies:
- Unsubscribe from non profitable advice.
- Start timing your online activities.
- Separate email from must have email, subscriptions, and family, friends, and jokes. Separate them into unique email accounts that don't beg you to look. Gmail or Yahoo is a great solution.
- Schedule email and online reading time. Leave when you have to leave. Get an egg timer, and live by it.
- Have rules for what you will read and not read.
- Read business items on a business computer and fun items on a separate fun or family computer.
New England runs the longest winning streak ever in the NFL
93% percent of all teens are online, 73% were online in 2000 and 87% in 2004. 64% of online teens have contributed to online content, up from 57% in 2004. 
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