Comments on: Adapting To A Changing Real Estate Market

By: Bob - St. George Utah Real Estate

Bob - St. George Utah Real Estate — Tue, 17 Jun 2008 22:25:14 +0000

In St. George Utah we have noticed a huge difference in the market going from one extreme to another. The experienced real estate investors definitely understand the market is like the stock market. It will always fluctuate.

Excellent post to remind us all that the market will change, we just need to know how to adapt ourselves and prepare for the upcoming changes.

By: b26sunil

b26sunil — Tue, 17 Jun 2008 11:47:02 +0000

Good work Richard…..Real estate investing is really tuff reiky businesss…..ur take on it was really simple….

By: Ben DeBell

Ben DeBell — Tue, 17 Jun 2008 04:12:56 +0000

I think this is a great post and it sheds light on the fact that there are different types of investors out there. SO many Realtors get calls from investors and automatically give them the standard that they know what they are doing. Investor is a powerful title it seems, and some people just dont deserve the glory.

By: Eddie Stewart

Eddie Stewart — Tue, 17 Jun 2008 03:29:35 +0000

I’ve found that the biggest difference between an experienced investor and a newbie is simply exposure. Experienced investors can make money in up and down markets because they’ve been exposed to different situations whereas a newbie usually knows one strategy and is star struck dreaming of riches through the “easiest and surest way to make money: real estate.” A good mentor some learning experiences and a newbie can turn into an experienced investor pretty quickly.

By: Terry Wygal

Terry Wygal — Mon, 16 Jun 2008 17:46:18 +0000

Great post Richard! It’s good to hear other people recognizing that there are only a handful of people out there in the real estate investing world that know what hey are doing in this market. I only hope some newbies read your post and get attached to a mentor or partner that knows what they are doing and can help them succeed in this market.

By: Joshua Dorkin

Joshua Dorkin — Mon, 16 Jun 2008 15:09:17 +0000

I meant to drop a comment earlier, but you’re on the mark once again Richard. You’re talking about the same entitled mentality that caused people to buy stocks at hyper-inflated prices in th 00s and then property a few years later.

The market is what it is. At any given point in time, that is the market norm. Get used to it or get lost!

Thanks for putting it so well.