I have been in the real estate industry since 1994. Real estate agent, sales manager, franchise sales, and currently Franchise VP for Assist-2-Sell, America's Leading Discount Real Estate Company.
The impact of the tax credit on sales has been minimal at best. At least it gives Agents and brokers something to talk about and get behind. Home prices that are reduced 30-40-50% or more from their highs a few years ago and stupidly low interest rates are driving sales. People are able to buy with payments that are less than renting. Oh and by the way we are going to throw 8 grand your way as a thank you for buying. This is just "found money" for most first time home buyers. Let the tax credit expire, we are going to be paying for it for years to come. Ryan Elliott ryanassist@gmail.com
I have to be honest, I read the first few paragraphs and thought you were serious. I thought, "this guy is off his rocker!" Good stuff and spot on! Ryan Elliott ryanassist@gmail.com
NAR has done a great job spending our hard earned dues the last 3 years on campaigns telling people how great the market is, and now is the best time to buy. Mean while prices have tanked across the board. Our credibility is low. I agree with Jay, we need to tell people how it really is. Enough of the spin. Ryan Elliott ryanassist@gmail.com
