If you were king (or queen) for a day, what would you do?
If you were in charge for a day what would you do? Let's limit the answers to real estate related ones. It is a very interesting question, one whose answer may reveal a lot about us. Would you...
- Lower interest rates to 4%
- Create a program that would help first time home owners buy homes with affordable rates, closing costs, down payment and sale prices
- Lower rents by 25% across the board
- Regulate investment companies who have bought up so many homes, leading to higher rents and lower inventory
- Reform FHA and VA to make the process easier, and reduce the hoops clients have to jump through/
- Create a national MLS
- Eliminate NAR
- More...
I could do a lot of good in a day, and I know you all could. But we don't get to be king (or queen), so what can we do? I think there are more things than most of us think about, things that can help us change the lives of our clients. Here are 5 that agents can do...
- Understand rates, loan programs, and assist your client in finding the best fees and rates which will save them money, money that over time becomes 1000s (even 10s of thousands)
- Learn about tax abatements, down payment programs, subsidies and more, that can help your clients and change their world
- Mentor a new agent, teach a class, post good educational content (that could change the life of an agent)
- Help a family buy a low price starter home, without complaining about the small commission (you might change their life)
- Learn to negotiate closing costs, buy downs and points, instead of $10k off the purchase price (the savings to your client will be far more important)
We all have more power than we think, power that can change other lives in a positive (or negative way). We may not be royalty, but we can make a difference.
So ask yourself, what can you do today?
