Wednesday, January 30, 2008

My Life as a Realtor

Hi all! We had another closing today. Should have a few more next week. Here is a great story. On our way to $50 Mill!

I got the 4th quarter market report for all interested. Email me!

In nature, there are general rules to surviving a bear attack. Bears will
attack when they are surprised or sense danger. The best way to avoid an
attack is to avoid the bear. If you can't avoid them, make sure they know
you are there.

Bears rarely look for confrontation, so call out and make lots of noise
until you enter a clear, safe area! In most cases, when you do, the bear
will move off trail and watch you pass by.

You may be thinking, "Gee, thanks John, but I hate camping!"

Well, there is another type of bear we need to watch and it acts much the
same.

Yale economist, Robert Shiller, predicted the current real estate collapse
in 2005. Many refused to believe it was possible. Yet look at just two
recent news stories...

"Last week, Countrywide Mortgage said that 7% of its borrowers were in
default. Last year the company was worth $24 billion but Bank of America
plans to buy it for $4 billion. 'We expect continued weakness in housing
throughout 2008 … and rising delinquencies and defaults continue to
increase,' said Ken Lewis, CEO of Bank of America."

"Citigroup Inc. posted the biggest loss in the bank's 196-year history as
surging defaults on home loans forced it to write down the value of
subprime-mortgage investments by $18 billion. A fourth-quarter net loss of
$9.83 billion compared with a profit of $5.1 billion a year earlier."
My friends, we are in bear territory.

There is plenty of "surprise" in the economy and certainly a "sense of
danger." You can survive if you know how to properly "call out" and "make
noise" so the bear will watch you pass by unharmed.

As I've mentioned in past emails, I've started a national marketing
campaign for my new program, The Real Estate Inner Circle. It's a group
designed to help real estate professionals survive this bear attack and
actually thrive in it, while other real estate professionals get eaten
alive.

Tomorrow, at 12:00 EST, I will be conducting the first conference call in
this campaign. I will provide exciting and powerful information about
surviving this market.

I am inviting you to join this call. If you have a specific question,
please submit it in advance and I'll do my best to answer as many
questions as I can.

"The principle is competing against yourself. It's about
self-improvement, about being better than you were the day before. "
-- Steve Young, football player

"You always pass failure on the way to success."
-- Mickey Rooney, actor

"You have to expect things of yourself before you can do them. "
-- Michael Jordan, basketball star

"There is at least one point in the history of any company when you have
to change dramatically to rise to the next level of performance. Miss
that moment, and you start to decline."
-- Andy Grove, Intel CEO

"It is not the strongest of the species that survive, nor the most
intelligent, but the one most responsive to change."
-- Charles Darwin, scientist

"The path of least resistance is the path of the loser. "
-- H.G. Wells, author

"There are only two options regarding commitment. You're either in or
out. There's no such thing as a life in-between. "
-- Pat Riley, basketball coach

"Self-trust is the first secret of success. "
-- Ralph Waldo Emerson, poet

"The very essence of leadership is that you have to have vision. You
can't blow an uncertain trumpet. "
-- Theodor Hesburgh, Notre Dame president

"Work is not man's punishment.
It is his reward and his strength and his pleasure."
-- George Sand, novelist