Axia College, University of PhoenixThe real landed estate business can be a very risky and tricky move at dates. even up when the providence is at a sizeable point, real estate agents have to work extremely difficult to make sales and be the best they can be. When the economy is non at a good point, agents have to work in two ways as hard. almost of the agents do non make it. At this time in the United States, the economy is not good. Homeowners argon register chamferruptcy, their kinsfolks be going into foreclosure and they are losing everything. Not only if homeowners, precisely also businesses either over the country are losing everything they have. The unsold home inventory is at an any time steep right now because homes just are not selling. stack who do decide to move into a immature home would rather buy a cheap abode that has had 10 price reductions than to build a brand novel house. Some hoi polloi who move out of their homes have decided to meshwork 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 race have to sell their home for slight, the agents also make slight on it. Real estate agents also do not make money selling homes that are foreclosed on since the bevel owns them. Many foreclosed homes go up for auction and are awarded to the advancedest bidder. owe rates have a big impact on home building and buying. Statistics state! that in October of 2005, individual?s mortgage rates hit a two-year amply of... If you want to get a full essay, order it on our website:
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