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January 2007 - Volume 10, Issue 1 - Page 1

Denny Smart - 2006 DMBA President

PRESIDENT’S MESSAGE

I’d like to begin my term as your president by wishing everyone a Happy New Year. And I really do mean happy, and hopefully
busy, and profitable as well. I don’t know about you, but I’m ready for things to pick up again.

If you look at the big picture, things don’t have to be so slow. Yes, there’s a glut of inventory in the housing market, and there are not nearly enough buyers to off set the sellers. In fact, the housing inventory has been up close to 50% compared to two years ago. But the actual home sales are not down by much at all. So why do things seem so slow?

Maybe it’s because we need to work smarter to find the deals that are being made. So many of us got so used to the ease with which business came to us during the glory years of the “refi boom”, that we may have forgotten what it was like to really work to find the
business. Not only were we overwhelmed with all the refinances, but the new and used home sales were setting records every month as well.

Today, it’s a different story. The business is still there, it’s just not as easily accessible. We have to be more creative in obtaining our goals. They are obtainable, and they don’t have to be lowered to be within our reach.

It’s not the number that needs to be adjusted as we set our goals; it’s the business plan we put together to help us achieve them. Don’t forget the basics. Start with your own customer base. There’s no easier way to get a business referral than from somebody that
already knows you, and has had a good experience with you. ASK FOR THE BUSINESS.

It’s amazing how many people make sales calls in person or on the phone but never actually ask for the deal. Stay ahead of the learning curve. Anticipate what products will be“hot” in the market and try to beat the competition in promoting those products.

If we work smart, 2007 will surely be a happy, busy and profitable year for us all.

FYI

The Membership Committee is requesting that each Office Manager please print a copy of the newsletter for their staff since we are unable to track the staff changes.


2007 DMBA Calendar

February 7
DMBA Board Meeting

February 8
DMBA Membership Meeting
9:00 a.m. – Dayton Area Board of Realtors

March
DMBA Membership Meeting
Argosy Trip
Members Only

March 7
DMBA Board Meeting

April 4
DMBA Board Meeting


PUBLISHING INFORMATON

If there is any information you would like to publish in next month’s newsletter, please contact Holly Hutchison at 937-431-7463 or e-mail your request to her at Holly.L.Hutchison@SouthernOhioMortgageLLC.com.

UPDATES TO MEMBER INFORMATION

If you have a change of e-mail address for DMBA, contact Kathy Eyer at 336-5523 or keyer@woh.rr.com to update.

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