Real Estate

Here’s how real estate professionals are succeeding despite the pandemic

Veteran real estate professionals share the strategies they're leveraging from past economic downturns

Less than two months ago, the nation’s real estate markets looked a whole lot different than they do today.

The real estate industry, within a few weeks, pivoted to contactless showings and closings, a pause in buyer and seller interest in some markets, and what seemed like an evolution of lending criteria for clients.

For veteran real estate professionals, developing their playbook of what to do next meant leaning on lessons from the last big economic shock. To learn about their roadmaps for today’s unpredictable market, HousingWire profiled 12 real estate and mortgage “industry warriors” who were successful before and after the Great Recession of 2007-2009.

They shared their strategies for remaining afloat during past downturns, how they’re maneuvering today and advice for fellow industry professionals.

These real estate professionals — regardless of their location, or whether sales in their market are slow or humming along — echoed common themes.

The rest of this content is for HW+ members. Join today with an HW+ Membership! Already a member? log in

Most Popular Articles

Mortgage rate drops to within 1 basis point of all-time low

The average U.S. rate for a 30-year fixed mortgage dropped to within one basis point of an all-time low this week, according to Freddie Mac. The rate fell to 3.24% from 3.28% last week.

May 21, 2020 By

Latest Articles

Introducing HousingWire’s 2020 Class of Rising Stars

This year’s class of Rising Stars celebrates 50 young innovators moving the housing industry forward. Coming from all sectors of housing – mortgage, real estate, fintech, servicing and more, these up-and-coming leaders are blazing their own trail. The norm is no longer good enough.

May 23, 2020 By
3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please