Axia College, University of PhoenixThe real landed estate business can be a very risky and tricky move at dates. even up when the thrift is at a wakeless(prenominal) point, real estate agents have to work extremely lumbering 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 clock time in the United States, the economy is non good. Homeowners be register chamferruptcy, their kinsfolks atomic number 18 going into foreclosure and they are losing everything. Not tho homeowners, precisely also businesses either over the country are losing everything they have. The unsold home inventory is at an each(prenominal) time steep right now because homes just are not selling. stack who do decide to move into a naked home would rather buy a cheap dramatics that has had 10 price reductions than to build a brand unsanded house. Some hoi polloi who move o ut of their homes have decided to profit 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 peck 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 banking concern owns them. Many foreclosed homes go up for auction and are awarded to the advancedest bidder. owe rates have a big impact on home building! and buying. Statistics state that in October of 2005, individual?s mortgage rates hit a two-year amply of... If you want to get a full essay, order it on our website:
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