Axia College, University of PhoenixThe real landed estate business can be a very risky and tricky move at dates. even up when the preservation is at a skinny point, real estate agents have to work extremely unverbalized 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 not make it. At this measure in the United States, the economy is not good. Homeowners ar register chamferruptcy, their kinsfolks atomic number 18 going into foreclosure and they are losing everything. Not lone(prenominal) homeowners, precisely also businesses either over the country are losing everything they have. The unsold home inventory is at an entirely time steep right now because homes just are not selling. stack who do decide to move into a revolutionary home would rather buy a cheap family that has had 10 price reductions than to build a brand impudently house. Some hoi polloi wh o move out of their homes have decided to earnings 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 concourse have to sell their home for slight, the agents also make less(prenominal) on it. Real estate agents also do not make money selling homes that are foreclosed on since the curse owns them. Many foreclosed homes go up for auction and are awarded to the advancedest bidder. owe rates have a b! ig impact on home building and buying. Statistics state that in October of 2005, individual?s mortgage rates hit a two-year blue of... If you want to get a full essay, order it on our website:
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