Many times I have seen slow leasing markets and tough tenants make the leasing job all that much harder for some real estate agents. An abundance of lettable space also adds to the frustration.
The market that we have now is just a repeat of situations we see about every 15 or so years ago. Its just part of the cycle. Things don't keep going up forever you know!
When the going gets tough, the best thing to do is get out into the local area and talk to even more business leaders and tenants. Action is the key to breaking a tough cycle. When you talk to people, something just opens up and opportunity appears.
When the tough property market prevails for some time, it thins out the agents in the local area and leaves more opportunity for those that can act. So the message is, take action and lots of it. The next deal is somewhere nearby.
You can see more of my tips for real estate agents right here
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