Diversification and education is your winning formula in challenging times

By: Bob Romano

Whether you are referring to investing in real estate or investing in your career, diversification and education are your best options for surviving – and thriving – in difficult markets. So often we get in comfort zones and choose not to see the opportunities that are available in challenging times, many times because we anticipate the fear that change brings.

The best way to control change is to create it yourself. Agents today are embracing the changing market place and learning new skills from the numerous companies offering education and training on a wide array of subjects. This new breed of agents has developed skills in all areas of real estate – managing to juggle new home sales and resales, and even developing a healthy mix of foreclosures and short sales.  As a result, today’s most successful real estate agents have grown more in the past 3 years than in their entire careers. Adversity makes the strong survive and grow.

As our economy regains momentum during the next 12 months, the housing market will not lead the way out of this recession as it has in so many recessions in the past. Therefore, real estate agents must continue to work smarter than ever before and learn new skills that will serve them well for years to come.

Learn, Grow and Survive in 2010.