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Time to pick up after housing mess

The Davison Files

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A few months ago, I wrote a column listing the things I would do if I ran a fictitious real estate brokerage company called Davison Real Estate. (See "Real estate in a pickle: Here's a solution.") Over the past several weeks, I have talked with dozens of brokers reeling from the credit market crisis. It has again prompted me to ask myself, "What would I do?" It goes something like this: From the Desk of Marc Davison CEO, Davison Real Estate Dear Agents and Staff: Good morning. I trust you all had a wonderful summer. Welcome back. As you know, we are in the midst of a storm raining down on many Americans. Foreclosures are skyrocketing. Many parents are right now explaining to their children why they are packing up what's left of their belongings and moving … somewhere. Most of you, of course, are painfully aware of this. You may have former clients in this situation. Despite assurances that the credit market will somehow be stabilized, deals will continue ...