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Karbank Real Estate Company - Tuesday, January 11, 2011

The most promising comment I heard in 2010 about the real estate business, and the economy in general, was made by a recent college graduate now working as a real estate broker.  He said:  The real world is not as easy as it looks.”

Those of us who have been through a few market cycles (the “real world”) know that the worst thing that can happen to a young person is for success to come too easily and too soon.  It leads to bad work habits, a disregard for the fundamentals and a big head.

Boom markets make success look easy.  Recessions offer up the reality principle.  They cure people of false impressions and bad habits…at least for a while. 

Hard work, responsibility, respect for the fundamentals and sensible decision making are tonics for the real estate markets and for the economy.  If the real world is not as easy as it looks, the future should be good. 

Steven Karbank



Karbank
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