Navigating thru these times

[James Santana]

I am curious how is everyone being affected due to coronary happening.In N.Y. where I am from agents and brokers cannot pick up New listings, Nor cold call but can work existing contracted listing, so what about people whom invest (fix and fli p or buy and hold) or wholesale, Or lenders how does  vivid affecting your business?

[Douglas Mcqueen]

@James Santana 

We are in some strange days there is little doubt about it, the world however is not coming to an end although it may be the end of the world as we know it. The current situation has slowed things down, people are scared, investors are unsure about moving money around both the stock market and RE markets are uncertain, listings are being pulled or not entered at all and buyers are scared to move forward. This is all temporary, this will come to an end and we will be ok. While everyone is focused on the sky falling we need to focus on the opportunities that will be born out of all of this.

Owners that were in trouble before all this started will undoubtedly be more motivated to sell as we reach the peak and beyond. Distressed properties will be more distressed, folks that invested based on appreciation will need to punch out, those that took short term loans that needed everything to go right in order to prosper will find themselves needing to sell fast. The opportunities will be there, those of us that can weather the storm will be in a position to capitalize.

Do not get caught up in the negativity of the day, see the opportunity, take the time to better yourself and your positions and be ready to pounce when these opportunities present themselves, this virus is pressing the reset button in a lot of ways we just need to stay positive so we can see the opportunities for what they are when they come!