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Mortgage Broker News | 15 Jan 2013, 12:00 AM Agree 0
There’s yet more indication brokers will see a quiet winter, with national home sales slipping 17 per cent in December from a very active year ago.
  • Paolo Di Petta | dipettamortgage.com | 16 Jan 2013, 06:22 AM Agree 0
    Funny, I've been saying this was coming...
  • Paul Therien - CENTUM | 18 Jan 2013, 10:24 AM Agree 0
    I think that we need to take this all into perspective. Yes the market is seeing a slowdown from previous years, and yes we may be at a ten year low... BUT our market has also been unusually hot for the past decade with growth that far exceeded not only our overall historical average, but also outshone most of the developed world. Consistent double digit growth year over year is not sustainable and while it was great while it lasted, it had to end at some point. The changes made by the government may have caused it to happen earlier than we would have liked, but it would have happened eventually.

    I have the slight advantage that I sit in the office next to Don Lawby, a man who has been a leader in the real estate industry for over 30 years, and no matter what I hear I always think back to a statement that he made to me before all these changes hit. “A smart man builds his business to survive in the tough times and reaps the rewards in the good times. There will always be bad times, the true test is to see who can not only survive, but thrive and grow when times are tough.”

    So… what can we, what can brokers, do to build our business and our industry to thrive and grow our market share in these tougher times?
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