The closing of nine Friendly’s in Connecticut has bolted me to lament the lugubrious moments engulfing not only our state but the nation as a whole. Indeed, the crash of the once mighty restaurant chain is the most recent stark display of the dismal sign of the times. Imagine the number of employees displaced by the failed business operations.

The economy is dwindling further and this is not helping the real estate industry. The chain reaction of unemployment has adverse effects on the homeowners. No income coming in equates to no money for mortgage payment. Thus, more short sales and foreclosures in the horizon.

The homeowners who are affected opted for the inevitable: Short sale or foreclosure. As home prices continually drop, more homeowners will be forced to short sell.  And the buyers see this an opportunity for a great investment.

There is nothing wrong with gaining from somebody else’s loss. Ces’t la vie. And this opportunity can creep into the vertiginious greed of some human beings. Buyers in particular. And even if you are on the other side of the fence, ergo, buyer’s representative, it still pains to see the homeowners who will eventually fail to stay buoyant in the sinking housing market. 

Nonetheless, our fiduciary duties as buyers’ agents should remain intact and unwavering despite the angst and pinch unfolding in our midst.


About Maria Gilda Racelis

I am a full-time realtor and a no-nonsense individual when it comes to rendering services to my clients. I take my job and the responsibility it entails seriously. My clients come first. I ensure that they know and feel I am working for their best interest. However, I do not carry out tasks to compromise my principle. I conduct my business with pride, honesty and integrity. I will do whatever it takes to meet their goals while adhering to my principle. "And the connection I make with the clients throughout the process, that to me is how I define success." Buying and selling homes can be very stressful. It is my job to make the process easy and fun as can possibly be for my clients. I take personal gratification from the smile on the faces of highly satisfied clients. I have amassed 100% positive and rewarding testimonials from my clients after many years of experience in real estate business. To enhance competency in the field for my clients' benefit, I continually seek to further my knowledge and expertise. With this in mind, I hold the following designations and expect to add more as the need for them arise. If you are looking to work with a competent professional realtor who will put the best foot forward for your best interest, you have just read her profile. I am always available to listen to your concerns and questions. Please do not hesitate to contact me anytime.
This entry was posted in Real Estate. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s