It's been a high-intensity day. We negotiated two contracts and worked until about 10PM on one of them. The other came in signed by the buyer after our seller elected to counter-offer, so it was fairly easy.

If someone had disclosed how familiar I'd become to rejection and arguing before I got my real estate license, I'm fairly confident that I'd have passed on the career. In light of the second transaction that I mentioned, I should amend the previous sentence to read, "...passed on the career without even a second thought!"

The second sale was "AS-IS" also. Have you ever had an inspection which raised roof issues, plumbing issues and/or septic tank issues on an "AS-IS" sale? You probably have had many such and have also had worse problems, too.

Anyway, given the fact that our seller didn't have a lot of equity, the texts, emails and phone conversations got somewhat heated although a pleasant tone was maintained throughout by all parties. After much discussion, we ended up going to bed not knowing whether our efforts were in vain. Sometimes prayer is a good thing, because we woke to a signed addendum and a meeting-of-the-minds. Since we're already through the appraisal, we're good go to closing where we get paid for our efforts on behalf of our client. (Big sigh of relief!)

Now, I'm sure that many members of the general public take a cursory glance at the real estate profession and think, "All those people do is to place a sign in the yard and collect huge paychecks." Of course, we all know better. We know our business expenses and they are very high, reducing our take-home dollars to much less than we'd like.  It's an educational experience to make that calculation!

All Realtors have to deal with people who are emotionally involved in perhaps the largest financial transaction of their lives and who feel very stressed and have no compunction about passing that stress on to us. This has the effect of increasing our personal stress. This can be very hard on our health.

If you've been in this business for any length of time, you've probably developed your own methods of reducing stress, however, before you say, "I never suffer from stress," you should know that we can become adapted to a high level of stress and not realize that we're actually not in an optimal state. I'm reminded of a friend of ours who had a fatal heart attack, giving his wife instructions on an upcoming closing during the ambulance ride to the hospital.

It's not the large stressful events that really take the toll, it's the little ankle-biters that we suffer from all of the time. Chances are we can deal fairly proficiently with the big ones, but we ignore the build-up of the little ones.

Want to know if you are stressed and don't realize it? Just take a look in the mirror. Got a roll of extra weight around your middle? Then you're probably producing far more Cortisol (aka. "the stress hormone") than you need. Our bodies can either produce the beneficial Dhea or Cortisol, but because the two have the same precursor chemicals, it's either one or the other that predominates. You do need Cortisol in moderation, but a large dose of Cortisol can take 7-10 hours to begin to dissipate in your body and during that time, your cardiovascular system suffers, your immune system suffers, your autonomic nervous system suffers, your hormonal balance suffers and your brain can't even think as clearly due to a process known as cortical inhibition.

If you've ever been in an argument and only later, after you calmed down, thought, "I should have said ...!" then you've been suffering from cortical inhibition. You can see how remaining calm in a negotiation can improve your success rate; you'll be able to maintain a higher degree mental clarity.

Fortunately, there are things you can do to lower your stress and they are easy to learn although most people benefit by some coaching in the methods. Drop me an email if you'd like to know more. In addition to my 22 years of real estate practice, I'm a licensed HeartMath(R) provider and I'm happy to discuss your situation and goals with you. Jointly, we can determine if HeartMath(R) coaching might be beneficial to you. It's helped many others increase their performance in sales while decreasing their stress levels.

Namaste!

Here's a link to my Living A Heart-Centered Life blog.

Eric Martell, I.R.E.S.

Sally & Eric Martell

Orlando-Properties.com                             InternationalEstateMarket.com

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Orlando Area Real Estate Video Update for January 2013
03/05/2013
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Here's the market update for the Orlando Metro area for January 2013. I've provided the text below, if you'd rather read it yourself. Namaste, Eric Martell January 2013 Orlando Housing Market The January median price of $128… more
Orlando Area Real Estate Video Update for December 2012
01/15/2013
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If you'd rather read the update, I've placed the text version below. Namaste, Eric Martell Let's address Sales statistics first: *All types of Orlando home sales were up 8. 9 percent in December 2012 when compared to a year ago… more
My World: Ten elements of success in Real Estate
12/21/2012
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Well, the Winter Solstice is upon us as of this morning! Strangely enough, the world did not end and everyone (even the Mayans) can now breathe a sigh of relief. I even felt confident enough to order some postcards to be mailed out next year. This… more
Orlando Area Real Estate Video Update for November 2012
12/18/2012
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Here's the market update for the Orlando Metro area for November 2012. I've provided the text below, if you'd rather read it yourself. Namaste, Eric Martell November 2012 Orlando Housing Market Orlando area sales were up almost… more
My World: Easy access to foreclosure data may change things…
10/28/2012
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So, you're going into foreclosure. What an upsetting situation! How can you keep your head up in public? Well, at least the neighbors won't know until you actually leave. Uh…, no wait. Everybody that has any interest will know just as soon as… more
My World: Whence the market? A brief look at my broken crystal ball.
10/09/2012
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I've had my head down lately, just spending time working at real estate. We've been getting a lot of buyer inquiries, particularly in the lower price ranges. Many of these people have filtered to us through some of the on-line lead generating web… more
My World: A brief lesson in Realtor Economics for Buyers
07/17/2012
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It's not normal for us to consider the impact of our requests when we hire a professional to perform services for us. We normally assume that they know what they're doing and understand how much to bill us and that they will do so fairly. This… more
My World: Where the housing market is inevitably going to end up.
07/10/2012
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A number of people have asked me recently what I thought of the "shadow inventory" that the banks have. The concept of shadow inventory is simple. It's composed of house which have been foreclosed upon and which the banks are holding in their REO… more
Orlando Area Real Estate Video Update for May 2012
06/16/2012
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<Transcript> MAY 2012 Orlando Housing Market Update The status of Sales in the metro area is changing. *The median sales price jumped more than 9% in May from $110, 000 to $120, 000. Bank-owned properties increased in price… more
 
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Eric Martell, Ph.D.

Eric Martell

Orlando, FL

More about me…

RE/MAX Properties SW, Inc.

Address: 6985 Wallace Road, Orlando, FL, 32819

Office Phone: (407) 352-5800 x 618

Cell Phone: (407) 947-3617

Email Me

Seller & Buyer education, articles about real estate, tools for agents, website tips and tricks, funny real estate stories, commentary about today's world, philosophical musings, humor, personal development, psychology, and general junk.


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