Axia College, University of PhoenixThe real landed estate business can be a very risky and tricky move at dates. even up when the economy is at a legal point, real estate agents have to work extremely heavily to make sales and be the best they can be. When the economy is non at a good point, agents have to work double as hard. almost of the agents do non make it. At this snip in the United States, the economy is not good. Homeowners ar register chamferruptcy, their kinsfolks are going into foreclosure and they are losing everything. Not neverthe little homeowners, precisely also businesses either over the country are losing everything they have. The unsold home inventory is at an in all time steep right now because homes just are not selling. stack who do decide to move into a crude home would rather buy a cheap theater of operations that has had 10 price reductions than to build a brand fresh house. Some hoi polloi who move out of their homes have dec ided to electronic network 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 bulk have to sell their home for slight, the agents also make less on it. Real estate agents also do not make money selling homes that are foreclosed on since the situate owns them. Many foreclosed homes go up for auction and are awarded to the advancedest bidder. owe rates hav e a big impact on home building and buying. ! Statistics state that in October of 2005, individual?s mortgage rates hit a two-year high school of... If you want to get a full essay, order it on our website: BestEssayCheap.com
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