In the 2000’s this is about the fourth shutdown of the federal government. It has an effect on the northern Virginia real estate market but not as much as you might imagine. We have about 81,000 federal employees. That does not include the contractors who do a lot of the work on the federal contracts. During the last two shut downs in 2012 and 2018, the number of listings and sales and contracts written did not really deviate much from the year before. Less than 1% less contracts being written and fewer listings being put on the market. The shut down seems to have a more of a psychological effect and a disruption in employment for the future, but it doesn’t really affect the market. Employees will be made whole with lost wages, returned to them once the government opens up again. So on the short term, they have to budget really tight and some will delay either moving into a new home or selling the one they’re in.

How do I get a BPO for my Listing?

I was reviewing some stats from the industry and it's quite disheartening to say the least - but also enlightening. The chart below says A LOT! And that is that 40% of productive agents sell 1-2 units per year. The concept of the article is that casual/part-time agents aren't going anywhere. Sharing this with another broker friend of mine, his response: "Of course! It's the perfect side-hustle." And so it is - if you hit an average commission rate with an average priced home in the DMV are - you're instantly into $40,000 gross commission income! Why go work at Starbuck's or Walmart? This pays a ton more if you just get 2 deals done per year. Even on the national numbers - you can make about $30,000 with just two deals per year. HOWEVER - the small print of the chart speaks even more disheartening news (and the reason I've launched this channel!) The study is pulled from CoreLogic and accounts for 840,000 agents - the productive ones. WELLLLLL - there are 1.49 MILLION agents who call themselves Realtors. Thus - the REAL data should be: 56% of Realtors actually sell something 44% of Realtors sell NOTHING 22.4% of all Realtors sell 1-2 deals per year. 12.9% sell 3-5 transactions 20.8% sell 6 units or more What do you think??

This is Broker 911 Network - (NOT Broker 411). We are here to launch you into a 6-figure real estate business part-time and help you leave your day job (which means, transfer to another day job called real estate sales, by the way!) This is not just information! The transformative knowledge you'll discover in this Group will fast-track your business - whether just starting or attempting to jumpstart/get a grip on your current business, so you can prove to your friends and family, that you REALLY ARE A REAL ESTATE PROFESSIONAL!😁 I'm Anthony Carr - a 30-year veteran in the real estate business. I've worked the DMV (DC, Maryland, Virginia) real estate market for decades - and I'm alive to tell you about it! The mission at Broker 911 Network is to provide real world, scar face, hard knocks reality tips on building a financial legacy in this industry of real estate sales and investing. The Virginia, Maryland and Washington DC real estate markets are some of the most complex in the country. Heck - we have presidents, politicians and the most powerful military in our backyard! When your clients know how to operate heavy machinery and military weaponry - top notch negotiation is required to thrive! Let's GOOOO! STUFF ABOUT ANTHONY'S BACKGROUND SO YOU MIGHT WANT TO TRUST HIM Authority on contracts, negotiations, and strategies to direct clients down a successful path of wealth-building, not just buying a house. Broker, author, trainer, kick-your-butt coach and content creator. 📓BOOK: “Real Estate Investing Made Simple: A commonsense approach to building wealth” 📝CONTRIBUTOR: “The Best Real Estate Advice I Ever Received.” 🕦PAST COLUMNS: RealtyTimes.com; Washington Times; Washington Post; Women's World magazine