As real estate agents, attorneys, and mortgage brokers rein in their spending, it will affect restaurants, car dealers, advertising companies, jewelers, remodeling contractors, furniture manufacturers, bank profits, electronic retailers, clothing, and the list goes on and on and on.
For the last two weeks, I’ve been receiving daily calls from desperate mortgage brokers, real estate attorneys, insurance brokers, title companies, and subcontractors looking for deals and work. This week, I spoke with a real estate attorney closing his office and returning to the corporate world. And several of the smaller builders have called me offering triple commissions to entice sales of their inventory. It doesn’t end there.
Tags:
Bank Profits
Car dealers
Mortgage Brokers
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