Axia College, University of PhoenixThe real landed estate business can be a very risky and tricky move at dates. even up when the delivery is at a favourable point, real estate agents have to work extremely surd 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 meter in the United States, the economy is non good. Homeowners be register chamferruptcy, their kinsfolks argon going into foreclosure and they are losing everything. Not solitary(prenominal) homeowners, precisely also businesses either over the country are losing everything they have. The unsold home inventory is at an all(a) time steep right now because homes just are not selling. stack who do decide to move into a freshly home would rather buy a cheap mark that has had 10 price reductions than to build a brand pertly house. Some hoi polloi who move out of their homes have decided to profits 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 volume 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 pious platitude owns them. Many foreclosed homes go up for auction and are awarded to the advancedest bidder. owe rate s have a big impact on home building and buy! ing. Statistics state that in October of 2005, individual?s mortgage rates hit a two-year tall of... If you want to get a full essay, order it on our website:
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