bell bottomsI remember the early 70's when bell bottom pants were all the rage.  The bigger the flare the better.   Everything was just a tad 'puffed' up and that included 'big hair' like the Afro. Sometimes, it was difficult to have a sense of how tall a person really was.  Several young men I knew used the cover of bell bottoms to add several inches of height with platform shoes!

Bell bottom pants were also handy for 'sweeping streets' clean.  Many kids wore their bell bottoms so long, that the bottoms actually frayed from dragging across the street. But this was deemed better than revealing that you had spindly legs and a short torso. But really...who were you fooling?

Today, that excess almost seems nostalgic.  In fact, bell bottoms are considered vintage wear in some circles. And as for the mile high Afro...well, that was OK until it rained.  If you were unlucky enough to not have a head covering, your Afro disappeared like a poof of smoke!  Now, come to think of it, both bell bottoms and the Afro relied on the cover of 'fair weather' conditions.

But like all things in life, change happens.  In the late 70's and early 80's, the shift to skin tight stove pipe jeans created unforgiving revelations for everyone apart from those who had almost perfect figures.  It was as though, we had entered into fashions' version of a period of reckoning.

You see, fair weather has a way of making many things seem alright. Over the past decade, the real estate industry has enjoyed a good deal of it. During the fair weather period, just about anyone was able to get a license and sell at least a couple homes a year... During the fair weather period, real estate brokers and associations welcomed everyone in with open arms; it didn't matter if you could sell as long as you paid your fees on time. During the fair weather period, just about anyone with breath could get a loan...

But like all things which depend on the unpredictability of fair weather, the day of reckoning has arrived. Short Sales have now replaced the Sure Sale.  A lack of training has revealed an industry that is significantly short on training and follow-through at a time when the market is dictating increased scrutiny and consumers want to look to see what's underneath your bell bottoms in a manner of speaking.  

And in truth, Bell Bottoms never really covered anything. It was all just temporary.  In the end when you took off your pants and platform shoes, you returned to the real you. Even if that was just at bedtime.

This is the sort of re-adjustment which I think is taking place in the real estate industry today.  We're being forced to look at ourselves and take stock of our strengths and weaknesses. Stormy conditions are forcing us to take a good hard look at who we're connected to. Have you found yourself surrounded by fair weather friends? Folks who are all too happy to enjoy the good times with you but are unwilling to buckle down to support the load?  

Or, has your experience been more about the bell bottom covering up stuff that really needs to be dealt with? Things like the fact that you're not meeting your goals and don't have a plan in place to make them happen.  This is an opportunity to take stock of what's really going on professionally and to assess what skills we need to become competent to meet today's challenges.  Without this sort of honest assessment, all the marketing in the world is doomed for eventual failure in this new era of transparency.

You know, times of challenge are kinda like stove pipe pants that have a way of revealing things that were less noticeable during a more forgiving period.  It's up to each of us to get in shape!

 

 

 

 

Lola Audu, CRS, GRI e-Pro ~ Audu Real Estate

Lola Audu, is the Designated Broker & Owner of Audu Real Estate.  Our company specializes in helping people buy and sell homes in the greater Grand Rapids, West Michigan area.  We've had the privilege of helping hundreds of clients succeed in their goals of purchasing and selling property including demonstrated success in the negotiation of Short Sale Transactions. You can contact us via e-mail @ info@auduhomes.com or by phone at 616-791-0511. 

Twitter feed for Lola Audu     Auduhomes on Facebook     Lola Audu's photostream on Flickr 

 
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63 Comments on Fair Weather Friends & Bell Bottoms... What the Shifting Tide is Revealing About the Under-Side of Real Estate

NOV
08
147,776 Points 5 Featured Posts Localism Sponsor

WHOA!!!! LOLA!  Did you bring back memories!  Good parallel of what we  are facing in the market.... we can NO LONGER hide!  The shape we are in is showing.... midriff bulges and all!  Excellent post... been waiting for you to break out with something like this!  (knew it was coming)

9:35pm • #1
3 Featured Posts Outside Blog Hit Router

Lola -great analogy! Bell bottoms, afro's and a high top fade, not to mention ironed hair all revealed something about the wearer. Just as this market is revealing many things people would like to hide or wis hweren't so.  As you say - great time for a plan if you didn't have one, and education if you need it, being transparent about strengths and getting assistance when you need it! 

11:14pm • #3
NOV
09
832,088 Points 213 Featured Posts Localism Sponsor Outside Blog Hit Router

HOWEVER. . . .

The "little black suit" is still a staple in my wardrobe. 

It's still hard to find nice conservative everyday fashion.  It seems that the designers prefer to design clothing for 16 year olds rather than the folks who are . . . . . .

OR, perhaps the fashion in the stores today reflect an attempt of too many women to look like they are 16.  Who knows??

Fashion trends come and go.  Real estate agents come and go.

The traditional and reliable fashion and agents will prevail.

 

5:24am • #4
Outside Blog Hit Router

Lola, terrific analogy and well done post. I am fortunate to have started nine months ago, and got very lucky picking a firm that is death on training. I am so grateful for this circumstance.

5:28am • #5
254,869 Points 44 Featured Posts Outside Blog

"Things like the fact that you're not meeting your goals and don't have a plan in place to make them happen."

How right you are Lola.  It is up to all of us to get in shape, and reshaping our goals, structure, and having that plan in place will go along way towards that.  Loved the analogy :-)  (I do wish I had saved my bubble shirts though...)

5:39am • #6
130,101 Points 5 Featured Posts

Lola...I love it!  You are so right, if a person could fog a mirror, they could get their license or qualify for a loan.  Those of us who work hard and remember who we are will make it. 

I just wish those bell bottoms would come back in style...I can't seem to find a pair of pants to go over my curves these days (they are all straight up and down).  Have a great day!

5:46am • #7
6 Featured Posts Localism Sponsor Outside Blog Hit Router

Lola:

That was a nice trip down memory lane.  Not only with the pants but with times when selling real estate was easy.  Not so now.  Only the strong and highly organized agents will be able to survive these days.  It is definitely time for a workout.

 

6:26am • #8
338,164 Points 3 Featured Posts Outside Blog

We each have to decide what is fashionable for us...and if we are going to adapt to the new styles and trends or stay stuck in another era.....only the fashionistas will survive...great blog !

6:32am • #9
129,612 Points 1 Featured Post

Classics prevail both in fashion and in our real estate industry.

 Knowledge, hard work, ethics....that's the classic style in real estate and it will be there long after whatever latest trend. 

Loved the blog and analogy, congratulations on the feature! 

6:46am • #10
456,009 Points 13 Featured Posts Localism Sponsor Outside Blog

Lola looking back at those bell bottom I get a good laugh.  Personally I was and is always a conservative dresser.

Yes the big shift in the market has revealed some holes that should to be pluged; the main one being training.  It is also a time when some will be weeded out.

Good seeing you.

6:50am • #11
1 Featured Post Outside Blog

I never would have thought of an analogy like this but it certainly portrays an accurate picture of our industry!

6:57am • #12
1 Featured Post

Lola,

I agree. We are in constant need of updating or skills to help our clients acheive their goals.

7:19am • #13
239,181 Points 15 Featured Posts Outside Blog

Great analogy, Lola!  We all need to strip away the surface and take a hard look at the core of our business and determine if we are doing what we need to do to succeed.  The prettiest blog or website doesn't make up for a lack of knowledge or the inability to follow through.

7:21am • #14
1 Featured Post Outside Blog Hit Router

Lola - you have a very fashionable way of driving home a point.  I already feel as if I have had to re-invent myself several times over the past 3 years of this market, and know there will be many more changes to come. 

7:21am • #15
Outside Blog

Awesome post Lola! And you are right. But, I wanted a fro when I was a kid! :)

7:29am • #16
Outside Blog Hit Router

Amazing analogy! I so enjoy my cup of coffee and reading your posts in the morning!

7:39am • #17

Great use of analogies to paint word pictures ! You're right brokers were hiring anyone who could fog a mirror !!!

8:58am • #18

Funny post! You can cover up all your weaknesses, but at the end of the day, they will somehow show through. The trick is is fix them and as quickly as possible. Are some of our colleagues not fixing their weaknesses by telling themselves excuse after excuse that social media in RE is not hear to stay?

9:04am • #19
123,332 Points

Lola: Thanks for this. I appreciate it! I believe that realistic expectations are the key. That and the ability to always want to learn. Thanks again for the thoughtful post!

9:21am • #20

You mean I'm supposed to look inward? Much easier to laugh at the platform shoes and bell bottoms someone else is wearing. Nice Post.

9:33am • #21

Lola: Love the "Bell Bottoms" real estate agent Post! The market always has ups and downs, self corrections are inevitable. The difficulties will be worked out, even though painful for some  many agents.

 

9:37am • #22

Lola,

Todays real estate market is very much like todays pants fashions, tight - the ability to get financing, and precarious, especially if you have low rise pair of jeans!

That was a fun post to read, looking forward to more!

10:00am • #23
180,961 Points 1 Featured Post

I enjoyed your post today.  Thanks for getting it out to us on AR.  I too love the "little black dress"  This is a staple in my closet.

Patricia/Seacoast NH

10:07am • #24

Lola,

You brought back so many WONDERFUL memories for me! I never would have thought of such an analogy, but what a creative ~ and accurate portrayal of our industry. I enjoyed reading this post immensely.

 

10:12am • #25
293,986 Points 100 Featured Posts Localism Sponsor Outside Blog

My dear Diane, Thanks for being the first to comment on this post.  Although a lot of uncomfortable things are being revealed during this process, it can be an opportunity to get in shape again.  That's what I'm committed to doing & I know you are too. :)

10:27am • #26
293,986 Points 100 Featured Posts Localism Sponsor Outside Blog

Alexsandra, education is key. It's one of the tools which can assist us in navigating through unchartered territory and stormy market conditions.  I've read more in the last 24 months than at any other time in my career.

10:30am • #27
595,285 Points 111 Featured Posts Localism Sponsor Outside Blog

Regardless if I'm from the era of bellbottoms....the 'old school' thinking (good morals, values and beliefs) mixed with up to date trends (technology, education) make for a great professional :)

10:36am • #28
341,098 Points 5 Featured Posts Outside Blog

Had to do a double check..thought you were the First Lady that had shown up for a blog post. Whew. Do you get that a lot? Good post. Need some tunes for those bell bottoms.

10:40am • #29
169,061 Points 6 Featured Posts Localism Sponsor Outside Blog Hit Router

Introspection is never easy, I'm afraid. But it is necessary now more than ever to look at ourselves and shore up the thuings that are lacking, instead of covering them up. Well said, Lola.

10:44am • #30
1 Featured Post Localism Sponsor

I think that you are referring to style, and many agents are doing well that are not short sale or REO agents, an they have found there niche in real estate to be a different style. So, I would have to say, that the inter-changeable word is style. Because many agents style is to to be different?

I went to an open house yesterday and the agent was dressed up as "Uncle Sam" which put some style into his selling this open house.

10:59am • #31
293,986 Points 100 Featured Posts Localism Sponsor Outside Blog

Hi Lenn, You & I have very similar views about fashion.  One of the benefits of maturing is a recognition that if you stick with what works, you're likely to be OK in the long run.  For instance, training has always been a key to success, it's just that now, the implications of not knowing what you're doing have a greater impact.  Fads will come and go...the fundamentals stay in place.  Thanks for stopping by today...always a pleasure.

11:00am • #32
293,986 Points 100 Featured Posts Localism Sponsor Outside Blog

Dave, you're one VERY LUCKY new agent!  Show your broker some love. :)  They're doing it right!

11:02am • #33
293,986 Points 100 Featured Posts Localism Sponsor Outside Blog

Kris...LOL, Bubble shirts & lava lamps...those were the days. :)  But on a more serious note, this is a time to engage in personal transparency as well.  Although some of it is hard to look at...

11:03am • #34
293,986 Points 100 Featured Posts Localism Sponsor Outside Blog

Hi Amy, the bell bottoms have reappeared as 'the boot cut' today. The difference is there is much less flare and the cut is more fitted.  Sort of like the re-adjustments that are happening in our industry, it will be more difficult to cover up a lack of competence.  Thanks for stopping by.

11:06am • #35
293,986 Points 100 Featured Posts Localism Sponsor Outside Blog

Claudette...ah yes, the workout.  Admittedly, not my favorite activity. :)

Sally & David...interesting way of putting it.  The savvy fashionista will thrive IMHO.  Also, the agent or broker who comes to terms with market realities will benefit from taking the necessary steps towards becoming better at what they do and learning new skills.

Dick & Dixie,  Thanks for stopping by.  Agree with your take on the classics; we simply need to update them a little to reflect the changes in our environment.

11:10am • #36
Localism Sponsor Outside Blog

Your right. Whether it is a cover up or a change in the way we do things we have to adjust or be left behind.

11:12am • #37
Outside Blog

I even sewed a pair of lime green bell bottoms once what was I thinking?

11:41am • #38
4 Featured Posts

Lola,

Fantastic analogy of an interesting fashion trend and the real estate industry. Or... Trends come and go but some things never go out of style?

11:45am • #39
296,031 Points Outside Blog

Hi Lola, Back in those days I wore the bell bottoms, etc., but I didn't need to hide anything.  But now with age time has changed all that. Haha Thanks for the memories!  Time changes everything, our figures, fashions, and real estate included.

11:46am • #40
567,110 Points 95 Featured Posts Localism Sponsor Outside Blog Hit Router

Hi Lola, I got a google alert on this, under Ann ARbor REal Estate, so here I came....

and this before I commented.

oh yea...love those bell bottoms and platform shoes with sparkles.

1:09pm • #41
148,173 Points 4 Featured Posts

Lola, I remember going to a real estate conference in 2000. They gave statistics that in 1990 there was 1.5 million real estate practitioners and that the number was 750,000 in 2000. They also predicted, and these folks were well respected, that by 2003 that the number would go down to 450,000 and that was plenty for the number of transactions. Fair weather moved us back to the 1.4 million range. Let's hope that nostalgia does not bring the high numbers. 

1:50pm • #42
293,986 Points 100 Featured Posts Localism Sponsor Outside Blog

Sybil, thank you.

Richard, you're right, if you're just standing still today, well...in a sense you're moving backwards.  Our industry has changed, our preparation and training is in the process of playing catch up in too many critical areas unfortunately.

2:08pm • #43
212,373 Points

Loved your post. One thing I don't like is setting goals.  It takes forever but I have gotten to the point that I see the value.  You can't work your plan if you don't have one.

2:22pm • #44

Great points Lola.  Although we were hoping this market would wash away the bad agents, much like the rain you mentioned in your post flattening an Afro.  Unfortunately it seems to have attracted a new breed of even worse agents.  But we'll hang in there.  I'm holding on to my white John Travolta polyester suit (yes, I am old enough to remember those days) just in case.  Best of luck to you.

3:10pm • #45
293,986 Points 100 Featured Posts Localism Sponsor Outside Blog

Lisa, the issues that need to be addressed today are fundamental.  Thanks for your comment.

Lina, in a sense you're lucky.  Agents who have been in the business a long time sometimes have to struggle with how drastic the shift in our industry has been, especially recently.  In your case, being new has the benefit of limited baggage regarding expectations.  And you've already demonstrated the ability and willingness to adapt.  Best wishes to you.

Angelica, Thanks for stopping by. :)

Michael...unfortunately true.  That's the danger of being an optimist.  Sometimes you choose to see things which don't exist...

Michael Meyers...Good point about social media.  Thanks for your comment.

3:14pm • #46
466,752 Points 54 Featured Posts Outside Blog

Lola, good comparison.  The parallel between the two is very appropriate.  There have been a lot of things hidden in our industry that are now coming to light, and this change in fashion is for the better.

4:42pm • #47
102,696 Points 3 Featured Posts Localism Sponsor Outside Blog

Fun post!  I came into the industry less than three years ago, so, for me, this has been a real learning experience.  I really have nothing to hide - totally the opposite,actually, I have a lot to ask!!!  I have seen a lot of realtors who, in my opinion, should not be in the industry.  I am hoping that they will GO. 

4:50pm • #48
Outside Blog
I recognize your posts now and now to go ahead and read them all!
5:14pm • #49
1 Featured Post Localism Sponsor Outside Blog

Lola,

What a great analogy to the industry today...I am only about 2 years into this...I enjoy what I do and am still doing well in spite of the market conditions...or maybe my expectations aren't as high....but I am in for the long haul...

6:36pm • #50
2 Featured Posts Outside Blog

Lola, Great visual aid-I still like that look! Plus, your post is true. It is time to accept the change, it is well upon us. Real estate is all new again...basic techniques apply, but WOW, has it changed!

6:57pm • #51
107,916 Points 6 Featured Posts Localism Sponsor

Loved ALL the clothes of the 60s because it was all so creative and self-expressive...we used to make our own bells with wedges of paisley or black light neon... :)

"Change the face of a magazine, face the change of a million years." (INXS)

If you're not treating your RE biz as a business but as a job, survival is unlikely...

 

7:51pm • #52
581,999 Points 62 Featured Posts Outside Blog

Lola, stormy times bring about more reality, eyes open wide, some fall by the wayside, and business models need to adapt. Rember those elephant bell bottoms? They were really flared out.

8:08pm • #53
293,986 Points 100 Featured Posts Localism Sponsor Outside Blog

Paul, Thank you for your comment.

Gregory...LOL, yes the inward look is the critical part of this deal. :)

Bonnie & Terry, BTW, Terry I appreciated your Alaskan Husky appearance @ Planning session.  You're right that there will always be adjustments in the market, this one has got to be one of the most significant in recent history.  

Barbara...LOL, your low rider pants brings a whole new dimension to the discussion here. :)  Thanks for stopping by.

Patricia...thanks for stopping by today.

8:10pm • #54
293,986 Points 100 Featured Posts Localism Sponsor Outside Blog

Micki...Thank you!

Sally, you must be a 'boot cut' lady!  I love the boot cut.  It combines the best of the old and new IMHO.

Andrew...A number of folks have commented on the resemblance.  

William, thank you for your comment.

Lorraine, I was referring to style, but more in terms of the limitations of certain choices which relate to a style choice which is not progressive.  Agents who develop a personal niche are 'honing' the best elements of their personal style.  Would have loved to see the Uncle Sam attire @ the Open House.  That was certainly unique.

8:17pm • #55
293,986 Points 100 Featured Posts Localism Sponsor Outside Blog

Micki...Thank you!

Sally, you must be a 'boot cut' lady!  I love the boot cut.  It combines the best of the old and new IMHO.

Andrew...A number of folks have commented on the resemblance.  

William, thank you for your comment.

Lorraine, I was referring to style, but more in terms of the limitations of certain choices which relate to a style choice which is not progressive.  Agents who develop a personal niche are 'honing' the best elements of their personal style.  Would have loved to see the Uncle Sam attire @ the Open House.  That was certainly unique.

8:17pm • #56
293,986 Points 100 Featured Posts Localism Sponsor Outside Blog

That's right Ted.

Oh, my word Beverly...those must have been some hot pants! :)

Paul...the fundamentals will never go out of style.  Stuff like courtesy, follow-through, good negotiation & representation, prospecting & integrity.  Totally agree.

Shirley...most of us can relate. :)

Missy...that's interesting about the Google Alerts.  Wonder why it was picking up even without a comment.  Another mystery. :)  Your platform shoes had sparkles...Lucky You!  I would have loved a pair like that. :)

Joe...very interesting. Thanks for sharing your comment.

 

8:24pm • #57
293,986 Points 100 Featured Posts Localism Sponsor Outside Blog

Allen...I've also said a multiplier put on ZERO continues to equal ZERO.  That's the equivalent of having no goals...there's nothing to strive towards which guarantees that little will be achieved.

Jerry,  Love the disco era, still do. :)  I think our industry is at an important cross roads.  The changes that we need to make will be largely influenced by the people we serve & they are calling us to a higher standard.  This is a good thing.

George...I agree.

Emily, I think that you have come into the industry at an opportune time.  For agents who understand the times, there are going to be many wonderful opportunities.  Best Wishes to you for continued success.

Cheryl, Why Thank You!  Enjoy. :)

Lori...Good for you!  I love to hear statements like yours from new agents.  Best Wishes to you for a long, successful career.

8:31pm • #58
293,986 Points 100 Featured Posts Localism Sponsor Outside Blog

Jane...Absolutely!  Thanks for stopping by.

Candice...this statement in your comment says it all: "If you're not treating your RE biz as a business but as a job, survival is unlikely..." Thank you.

LOL...the elephant bell bottoms were industrial street sweeper material.  Thanks for stopping here today Gary.

 

 

8:34pm • #59
390,677 Points 1 Featured Post Localism Sponsor Outside Blog

I thought at the time that was "Normal" and now we have a new Normal that is a bit more restrictive. We all need to adjust to the times I see signs of life.

8:58pm • #60
NOV
10
1 Featured Post Outside Blog Hit Router

Lola, this really is a weeding out period, a cleansing if you will. Those that had budgets, and business plans in place are going to survive and prosper in the future when this thing is fully recovered (it will happen). I made a comment the other day that I think applies here as well. The one constant in the real estate business is change...Thanks for the great post

7:42am • #61
NOV
12
Outside Blog

Great blog Lola.  Your pictures sure bring back memories.  Times they are a changin' and changin' again.

11:03am • #62
NOV
14
384,748 Points 28 Featured Posts Localism Sponsor Outside Blog

I can't believe that I used to wear bellbottoms. In fact, I just took my old jeans, cut a slit up the leg, and sewed in a piece of material to make my own.

9:49am • #63
NOV
15
169,383 Points 1 Featured Post Localism Sponsor

Hi

Loved the post and congrats on the feature. Ethics, integrity, knowledge and hard work are always in fashion. Great analogy!

1:10pm • #64

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Lola Audu~Real Estate Broker/Owner Grand Rapids, Michigan Real Estate

Grand Rapids, MI

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Lola Audu~Audu Real Estate~Grand Rapids, MI Real Estate

Address: 3659 Alpine NW, Suite 102, Grand Rapids, MI, 49321

Office Phone: (616) 791-0511

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