See?!  He told us we weren't in a recession!   Must be all that Economic Stimulus money hitting the tills!

Sounds like propaganda to me, Candice, or the figures have be skewed by "The Man".

Candice, you had me at "luxuriated". Sorry, can't get serious now, I'm soaking in it.

Personally I think its 25000 new Short sale and BPO experts willing to (for a Fee) teach me how they could do it if they were working at it.

And the other 2000 are making sure my listings are seen throughout the world through e-fliers.

  ;-)

Candice I have this figured out. Those were 27,000 part time agents that reported that they are now working the part time that they were not working before and they also reported that the part time they were working, that they no longer are working. Therefore they have reported a gain in jobs and a loss in jobs make them a zero net. Pretty close to reality!

My best guess is that the print and television Media has been reclassified as "Real Estate" since that seems to be all they report on these days.

My Gumbaness

The property management companies are adding employees every day, the rental market is booming.

Many condo conversions and new condos are now renting them out to cover there  your know what from going into bankruptcy or default.

Builders are doing lease options also!!

Home owners who have already lost there homes are now in the rental market all of this is eating up inventory and rental prices are climbing daily.

The good part is that many investors are buying up properties to rent them out, just today I have one investor that wants to buy 3 new homes to rent them out until the smoke clears and the market gets back on its feet , the reason he wants new home because of the warranties on the home and appliances , no out of pocket repairs at least until they expire.

Oh I got my direct Economic Stimulus money today !!! I will go fill my car up that should eat it all up !!! $1,200 for a tank full that should help the out the poor Oil companies.... and get the economy going.

Vancemulus :)

Vance, I haven't got my stimulus today, but maybe tonight  ;).  

Seriously though our office added 2 of the new Realtors, and I feel that I am doing the work of 3 Realtors.  So maybe the government thinks that is 4 new Realtors?  Either way it all sounds good?

Hi Nate

Its the Government's Fuzzy math , the NAR is advertising like crazy in the national markets like I never seen before.. along with that the Big shingle brokerages are also reaching out, to fill many vacancies =  the franchise fees, royalties need to be paid.

Did anyone see Warren Buffets interview the other day as to his opinion about this real estate market condition? 2 to 3 years is his prediction before a turn around, hopefully he is wrong, but I will go with his prediction personally.

Its back to basics buying a home with 10 to 20% down no creative financing it played out and lost.  http://ml-implode.com/ and got us were we are today this cycle has ended...

Just as the old days of the

RTC are gone. ( I went through that one )

http://en.wikipedia.org/wiki/Resolution_Trust_Corporation

Its back to basics for real this time.

This is just my fuzzy opinion now, what say you?

Vancefuzzmathski

When I took statistics I remember the professor saying, "you can make the numbers say whatever you want them to say" and then he proceeded to give us examples of how you can manipulate all sorts of things to make the numbers come out a certain way.  

Hello everybody, I just got into using this great website for my clients and this posting caught my eye.

I'm curious what everybody knows about this Tianium Solutions company. I have heard about them and I think some realtors in my office are starting to work with them. Do you think it's worth the time? The company certianly seems to help out the average agent in getting listings.

They are cannibals, Jeff!   Candice says they et Al!

I am glad to hear that I am not out of work!  Don't think I qualify for unemployment if I were!

Could be all the companies adding Short Sale and REO departments and hiring more clerical workers to handle the payload?  Plus lets not forget that the lending side needs more workers in these departments also.

I am trying to think of all RE related jobs and like Cathy's scenario adding the media to the ranks and file, as that is what they have been reporting on for the last two years.

Good question Candice.  

Jana

Interesting topic which brings several questions to mind....

What are the demographics of the supposed new real estate jobs; location, concentration (residential, commercial,...)? I'm guessing that the big question is why would anyone begin a new career in real estate during this time period?...

I tend not to worry about newcomers or added competition because last I checked 80% of new Realtors quit within the first year and another 50% within the first five years.  The numbers will likely become higher with current housing condition.

According to David Lereah, chief economist of the National Association of Realtors, membership in the trade group is expected to "decrease by about 6% to 8% from the record of nearly 1.4 million reached in 2006". (

http://bigpicture.typepad.com/comments/2005/04/a_bull_market_i.html)

I'm entering my fourth year and last year was our worst year ever.  I saw a 70% decrease in annual sales.  OUCH!!  But like one of my favorite pet pitbulls, I have a high tolerance for pain and when I lock on I never let go!!!

For all newcomers I say, welcome and step into the ring.  For those who have stayed the course I say, hang in there because the market will improve. As we know, irrespective of the market conditions there are always opportunities to generate capital (yes, I do BPO orders) and real estate is cyclical so I'm am motivated and optimistic.  

God bless referrals!!

Wendy you are a breath of fresh air. There is no doubt in my mind you will be sucessful. You go Girl and thanks for your post, it is people like yourself we need in this industry.