BrokerageIndustry News

Real estate survival of the fittest

How to prosper in the next downturn (Part 3)
Published on Jul 30, 2004

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by CareyBot

(This is Part 3 of a three-part series. See Part 1: Will next housing bust kill my business? and Part 2: 8 ways to keep real estate biz afloat.)

Ninety percent of all businesses fail because they lack a business plan. If you're just scraping by now, a real estate recession can end your career unless you have a survival plan.