Being a real estate agent demands a lot of patience and being responsive. At sometimes the agents will have to play the role of a good negotiator and coordinator. The case will be worse for smaller players with this condition. Wealthy brokers can wait till turn around of the market and still make a profit but they are still tied down by the blocked money. Supposing if a buyer comes for a second look of the home it should generate interest. Agents and brokers sacrifice their family lives as there aren’t specified working hours for them and can’t vent out pent up family pressures on clients at any point of time. Lesson: longer you are invested better will be the return; no room for quick money, in general. Rising interest rates may divert the investors as the memory of the dotcom bust is still fresh.4. Since an agent’s involvement in the whole transactions of real estate ranges from field work at the start to the paper work at the closing of the deals, he or she needs to follow some safety measures so as to be successful in the competitive real estate business. Theirs was the investment. In this highly competitive business, there are many other agents, for example, fighting for a property to include in their own listings. Agents should identify and emphasize certain selling points to convince the buyers. Another common problem both for brokers as well as sellers is delayed or non-receipt of payments. Planning will make his tasks easier and he can have a check on his

A real estate bubble or property bubble (or housing bubble for residential markets) is a type of economic bubble that occurs periodically in local or global real estate markets. It is characterized by rapid increases in valuations of real property such as housing until they reach unsustainable levels relative to incomes and other economic elements.

As of 2007, real estate bubbles have existed in the recent past or are widely believed to still exist in many parts of the world, especially in the United States, Britain, Italy, Australia, New Zealand, Ireland, Spain, France, Poland, South Africa, Israel, Greece, Bulgaria, Canada, Norway, Singapore, South Korea , Sweden, Baltic states, India, Romania, South Korea, Russia, Ukraine and China. U.S. Federal Reserve Chairman Alan Greenspan said in mid-2005 that "at a minimum, there's a little 'froth' (in the U.S. housing market) … it's hard not to see that there are a lot of local bubbles" . The Economist magazine, writing at the same time, went further, saying "the worldwide rise in house prices is the biggest bubble in history". Real estate bubbles are invariably followed by severe price decreases (also known as a house price crash) that can result in many owners holding negative equity (a mortgage debt higher than the current value of the property). As with any type of economic bubble, it is difficult for many to identify except in hindsight, after the crash. The crash of the Japanese asset price bubble from 1990 on has been very damaging to the Japanese economy and the lives of many Japanese who have lived through it , as is also true of the recent crash of the real estate bubble in China's largest city, Shanghai . Unlike a stock market crash following a bubble, a real-estate "crash" is usually a slower process, because the real estate market is less liquid than the stock market. Other sectors such as office, hotel and retail generally move along with the residential market, being affected by many of same variables (incomes, interest rates, etc.) and also sharing the "wealth effect" of booms. Therefore this article focuses on housing bubbles and mentions other sectors only when their situation differs from housing.

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