I’ve been experiencing a major slow down this month July 2022 in the amount of signing orders.
I went from 25 to 30 a week to maybe 10 per week.
Anyone else feeling this pain.
Chaines.
I’ve been experiencing a major slow down this month July 2022 in the amount of signing orders.
I went from 25 to 30 a week to maybe 10 per week.
Anyone else feeling this pain.
Chaines.
Yes…times have Changed & RON’s have also been a factor…The Economy in General is having a Real Challenging time which inherently effects Everything! #Real Estate etc, etc
The pain is real. It’s a downturn across the board. Not many refis when the interest rates are so high. We will probably see more purchase/sales and reverse mortgages. Here is what I do know: Those same people who are buying $$$$ properties right now at 5-6+% interest are definitely going to want to refinance once the interest rates become more favorable.
Real Estate is like the weather in springtime: If you don’t like how things are going, wait ten minutes.
Quote from an old real estate broker I used to know.
Yes… That’s what I was thinking.
Lol… Yep. Cali every 10 yrs.
Absolutely! Major slow down in western SD. I am staying steady with 1-3+ a day but not my usual 4-6+ a day. My GNW is up so that’s a plus! Monday, I traveled over an hour to a campground on a big lake for a GNW appointment. I had nothing else scheduled for the day so I brought my paddle board and had a few hours on the lake afterwards. I basically got paid to go have fun!
I’ve spent my down time signing up with any SS I can find and looking for other means of independent contractor work. I do quite a bit of exterior inspections for a local bank via a field inspection company and I recently applied to be an independent contractor local coordinator for a foreign exchange student program. I’m waiting to hear back from that but they already did the background check and contacted my references. Yesterday, I had a company contact me about doing solar panel inspections in the area.
The direct business market like LSS promised their students is non-existent here. All of the local lenders, title/escrow officers have an in-house closing team. I actually had a local loan officer complain to my face that First American Title demanded an outside notary because she usually closes her own deals.
O’wow.
Thank you for the feed back.
It’s picked back up here. I have already done or scheduled this month the same number I was at last month but the last week of the month.
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