The same as I've always done over the past 40-years in business!!!

An excellent question. Perhaps a good position to practice and market would be as a consultant as the public is only getting media point of view. Agents can offer a more balanced choice field. 

I'm with Shayne Stone and Diana Dahlberg on this one!  And most importantly my # one goal every year is BE HAPPY!

I will continue to do the things I have done during my entire career.  Stay connected, give sage advice to my clients and be thankful for every connection!

Control the things I can control so that I'm top of mind for those who do have real estate needs. 

spend less, save more.

I have no plan to reinvent myself. I will do what has worked in the past. Special attention to details and make sure to not miss opportunity when it presents itself.

Exactly what I have done from the start. Get up, dress up and go to work!

Congress passes Bill after Bills filled with Pork & Pets will force the FED to keep increasing Interest Rates . Let’s hope and pray that we aren’t driven into early 1980 rates !!

Actually rates are LOWER!

I am retired but have seen rates from the high 6's to almost 20 percent in my career. When the pie got smaller I cut myself a bigger piece!

I will keep doing what I have always been doing.  When buyers are ready to buy they will buy and when sellers are ready to sell, they will sell.

I have lived through higher interest rates, and if buyers want to buy, they will find a way to get it done.   I will continue to do what I do!

Keep moving forward one step at a time & not quit

whatever my wife tells me to do, just like the last 20 years.

     William Piotrowski, my brother owned a house in Naperville on a lake and his property taxes were $30,000 a year. I see that is the real estate market you serve. So you are trying to speak hyper local, in your marketplace with the gloom and doom right? Using dramatic words like plunge and tone of oh no, what are you going to do about it scary.

     The Naperville market is not the same one I list, twist and sell (repeat) in. Not just houses we market, lots of land, a majority of our buyers don't need a mortgage and pay cash. Everything so much lower priced in rural America, not when you are outside Chicago and city high cost of living.

     Since COVID and heighten tele commute bring your remote online job with you happened, Maine continues to be a #1 destination to regroup.

     I was a broadcast journalist and could have reported "The Naperville real estate market saw a 13.2% decline in new mortgage applications in 2022. Part of the slow down due to it's winter and the market traditionally shifts into a lower gear around the holidays. Also, affordable housing inventory is down. Hard to apply for a mortgage loan on housing stock that doesn't exist.

     Naperville local real estate agent William Piotrowski reports a trend of home buyers leaving the state or heading out into the more affordable suburbs for housing.

     (Turning to camera 2) In sports, the Cubs are holding their own, in the weather Suzy Tight Dress says expect nothing but sunshine showing and not a hint of rain for the weekend, Now this... (fade to black, roll the ad spot cluster. Camera one, wide shot on Biff Jackson sportscaster and slow dolly in when we come back from commercial break in 3, 2, 1 .. Take camera one.)

     We will adjust and make out just fine in the existing and future real estate markets in the local areas we serve. Mortage apps are down  because inventory is getting tighter.. building materials still high. Everything is not just interest rate driven.

The Naperville housing market is somewhat competitive. Homes in Naperville receive 3 offers on average and sell in around 57 days. The average sale price of a home in Naperville was $468K last month, up 3.1% since last year. The average sale price per square foot in Naperville is $207, up 7.3% since last year.

Rinse and Repeat.

Make adjustments when/where necessary. 

First off is to lower spending and secondly, keep reaching out to people to find business.

Updates my marketing plan and cut something s and added some.

I dont let little things like that get in the way, plenty of other people buying homes that are not concerned, after all we have seen and prospered with much higher rates.