Axia College, University of PhoenixThe real landed estate business can be a very risky and tricky move at dates. even up when the parsimony is at a sound point, real estate agents have to work extremely unexpressed to make sales and be the best they can be. When the economy is non at a good point, agents have to work twice as hard. almost of the agents do non make it. At this conviction in the United States, the economy is non good. Homeowners atomic number 18 register chamferruptcy, their kinsfolks be going into foreclosure and they are losing everything. Not that homeowners, precisely also businesses either over the country are losing everything they have. The unsold home inventory is at an either time steep right now because homes just are not selling. stack who do decide to move into a parvenue home would rather buy a cheap provide that has had 10 price reductions than to build a brand in the altogether house. Some hoi polloi who move out of the ir homes have decided to net income out their old home instead of selling in hopes that the economy gets better. Pre-built manufactured homes are also at an all time low for cancellations. Walsh (2007) stated that in today?s time it is hard to buy or build a home. This makes it harder for real estate agents to make money selling homes.
When deal have to sell their home for slight, the agents also make little on it. Real estate agents also do not make money selling homes that are foreclosed on since the verify owns them. Many foreclosed homes go up for auction and are awarded to the advancedest bidder. owe rates have a big impac t on home building and buying. Statistics s! tate that in October of 2005, individual?s mortgage rates hit a two-year naughty of... If you want to get a full essay, order it on our website:
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