For some real estate professionals, this year has been tougher than most, particularly those in the major cities who’ve been met with an unexpected correction.
After a buoyant few years operating in a sellers’ market, with relaxed lending and healthy investor activity, the tables have turned in favour of buyers.
In some markets Agents now have to work harder – to win listings, and then achieve a satisfactory result for their clients.
For more experienced agents, this is a familiar part of the real estate cycle. Whatever the newspapers may be saying, it’s worth reminding ourselves that this is simply a ‘normal market’.
The good news is that people will always need to buy and sell property, and in a slower market there are still deals to be made – the trick is ensuring you are the one that sellers turn to.
As agents, we also need to prioritise our own wellbeing for the sake of our clients. Remaining calm, focussed and professional is essential, and the quiet selling period over Christmas is a great time to rest and come back to work feeling recharged.