Bob "RealMan" Timm, Owner of Ward Co Notary Services retired RE Broker (Ward County Notary Services)

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Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

If they did ask the instructor the instructor would most likely send them to ActiveRain to ask the AR community! 

Jul 29, 2022 11:08 AM
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC

I went out on my own at the beginning of the recession, knowing that if I didn't make it then, I wasn't going to make it in this business. I, along with 2 partners, created a thriving boutique brokerage that withstood everything The Great Recession threw at us! 

So, YES, it's a challenge to set your roots in a bear market but, well worth it in the long run!

Jul 29, 2022 10:57 AM
Anna "Banana" Kruchten
HomeSmart Real Estate - Phoenix, AZ

It's called doing all the basics consistently! Oh wait....that couldn't be real estate biz, could it!!!

Jul 29, 2022 09:42 AM
Greg Large
ERA Real Solutions - Grove City, OH
A Tradition of Trust

I believe Real Estate schools primary responsibility is to teach how to operate within the laws of their state, greater emphasis could be on good business practices and ethics imho. how to survive market conditions should be part of the interview process with prospective Brokers. 

Jul 29, 2022 10:20 AM
Karen Climer
Demetree School of Real Estate - Orlando, FL
Teaching people to pass the real estate exam

I don't know how Utah works, but in Florida, I don't get to choose what is taught in the prelicensing class.  The state decides that.  I assume in Utah it's the same.  The prelicensing instructor decides the way it is taught, but not what is taught.  The instructor doesn't get to decide that we are going to talk about recessions, or sales training, or whatever.

Jul 29, 2022 11:02 AM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

The more information they can get the better.

Jul 29, 2022 09:29 AM
Raymond E. Camp
Ontario, NY

When you have a government that can't even answer the question how will some of the teachers?

Jul 29, 2022 12:41 PM
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Prop. Mgr, Wenatchee, WA

I went into Property Management, as a supplement to my listings and sales, just before the recession hit. I secured 50 rental units, and that kept me busy and the money coming in.

Jul 29, 2022 12:37 PM
Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

I wish they knew what fiduciary means .......

Jul 29, 2022 01:24 PM
Roy Kelley
Retired - Gaithersburg, MD

You could provide your advice in a series of blogs.

Jul 29, 2022 11:36 AM
Gary Frimann, CRS, GRI, SRES
Eagle Ridge Realty / Signature Homes & Estates - Gilroy, CA
REALTOR and Broker

Absolutely.  Good one.  Getting started is tough, and maintaining traction is tough.  It all looks so easy...

Jul 29, 2022 02:42 PM
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Yes, to this and more. Real Estate is like a wagon wheel. The hub is central control (subject), and the spokes go out from there. Everything is connected. A well-rounded person fares better than a tunnel-vision expert. This reminds me of parents who didn't teach their children manners. It is necessary and vital to everything yet takes a backseat at times. Learn all!

Jul 29, 2022 01:25 PM
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

According to the powers that be in DC, we are not in a recession. That said, little doubt the economy is receding! New dressing on the word salad! As for students surviving a recession, I agree with Kathleen Daniels, Probate & Trust Specialist

Jul 30, 2022 04:55 AM
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Surviving and thriving is more of an internal action than one dependent on any type of economy.

Jul 29, 2022 08:42 PM
Ryan Huggins - Thousand Oaks, CA - Thousand Oaks, CA
Residential Real Estate and Investment Properties

NO!  The instructor would probably just punt it to us anyways.

Jul 29, 2022 06:50 PM
Wanda Kubat-Nerdin - Wanda Can!
Red Rock Real Estate (435) 632-9374 - St. George, UT
St. George Utah Area Residential Sales Agent

My career began as the market took a huge dive, Bob. Everyone thought I was crazy to do that! I took every class and seminar possible to learn how to survive when short sales and foreclosures were the far, so good!

Jul 29, 2022 05:46 PM
Doug Dawes
Keller Williams Evolution - 447 Boston Street, Suite #5, Topsfield, MA - Topsfield, MA
Your Personal Realtor®

Hahahahaha...The instructors would send them to us

Jul 30, 2022 05:38 AM
Tony Lewis
Summit Real Estate Group - Valencia, CA
Summit Real Estate Group Valencia & Aliso Viejo

I would warn anyone entering our field that things are going to go from bad to worse and to survive they must be will to invest a minimum of 80 hours a week and be willing to work 7 days a week and on holiday.  They need to know the survival rate too.

Jul 30, 2022 11:15 AM
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

The instructor might "instruct" his students to ask for help with this question of seasoned professionals on AR. 

Jul 30, 2022 06:53 AM