217570 Resource 214195 164765 164765 1225765835188 1238413616232 Controlled Strategies to Prepare for Real Estate Market Recovery (Part 1 in a 6 Part Series)

EXIT Realty Mid-Atlantic's Rick McDaniel Offers Advice to Real Estate Agents and Brokers

<img alt="Rick McDaniel" hspace="5" src="http://www.exitnews.info/times/blog/MD101-RickMcDaniel.jpg" align="left" vspace="5" border="1" /><a href="http://www.exitrealty.com/">EXIT Realty Corp. International</a> CEO & Founder, Steve Morris, <a title="RISMedia - When It Comes to the Real Estate Market Recovery - Timing Is Everything, Steve Morris, EXIT Realty Corp. International" href="http://www.rismedia.com/wp/2008-10-28/when-it-comes-to-the-real-estate-market-recovery-timing-is-everything/" target="_blank">announced recently</a> that he expects the real estate market to begin to turn around in the second quarter of 2009. With this in mind, EXIT asked some of its key regional leaders, "With the bottom of the real estate market being formally announced by the end of the 2nd quarter of 2009, what 3 strategies would you give both a broker and a sales representative to prepare accordingly?" "Do whatever it takes to survive," stated <a title="EXIT Realty Corp. International - Rick McDaniel, Regional Owner, EXIT Mid-Atlantic" href="http://www.exitrealty.com/agent_detail.aspx?agentid=3278&regionid=&officeid=MD101&type=R&af_id=3667&loc_id=51" target="_blank">Rick McDaniel</a>, Regional Owner of <a title="EXIT Mid-Atlantic" href="http://www.exitmid-atlantic.com/" target="_blank">EXIT Mid-Atlantic</a> (MD, DE, DC, WV), in a presentation at EXIT Realty's 10th Annual Convention held at the <a title="Gaylord Opryland Resort & Convention Center" href="http://www.gaylordhotels.com/gaylord-opryland/" target="_blank">Gaylord Opryland Resort & Convention Center</a> in Nashville, TN. McDaniel's three strategies are: <ol> <li> Build Your Inventory. "The only difference between a sellers' market and a buyers' market is the average number of days a listing stays on the market. Watch these statistics from your local MLS closely. Get [the listing] priced right, whatever that may be," he recommends. "As the market comes back all these properties will sell and someone will get paid!" </li> <li> Grow Your Business. "NOW is the time to build a strong company by continuing your recruiting efforts." Consider absorbing another office, company or team. </li> <li> Remember the ethics of sales. "Know what your prospect needs then do what it takes to help them to a satisfactory solution." </li> </ol> "Don't get paralyzed by fear", McDaniel concluded. "Cut expenses, renegotiate leases and use the technology that's available to you. And remember, as the market comes back, don't get caught up in rapidly increasing your expenses." For more information on joining EXIT Realty as a sales representative or franchisee in Maryland, Delaware, District of Columbia or West Virginia, please contact: Rick McDaniel <a title="EXIT Mid-Atlantic" href="http://www.exitmid-atlantic.com" target="_blank">EXIT Mid-Atlantic </a>410-287-9000 <a href="mailto:Rick@ExitMD.com">Rick@ExitMD.com</a> 10 application/xml false buyers' market Delaware EXIT Mid-Atlantic EXIT Realty Maryland real estate Rick McDaniel sellers' market Steve Morris West Virginia Mozilla/4.0 (compatible; MSIE 7.0; Windows NT 5.2; .NET CLR 1.1.4322; InfoPath.1) 127.0.0.1 127.0.0.1 exitrealty 206.191.73.242 false true false false true 214204 false false true false false false true 218015 Resource 214204 173239 164765 1226457688884 1246891622003 Controlled Strategies to Prepare for Real Estate Market Recovery (Part 1 in a 6 Part Series)

Great post Rick! Also I would also say blog and read blogs on social networking sites such as Active Rain and Twitter. I am still learning how to blog but blogging is not part of my business plan with this real estate market I have made it my business plan.   10 application/xml false Mozilla/4.0 (compatible; MSIE 7.0; Windows NT 6.0; SV1; SLCC1; .NET CLR 2.0.50727; .NET CLR 1.1.4322; .NET CLR 3.5.30729; .NET CLR 3.0.30618) 127.0.0.1 127.0.0.1 exitrealty 99.251.125.5 false true false false true 214195 blog blogsite/ExitFranchiseOpportunities/web