This past weekend marked a momentous event. My mother-in-law (who I must add is an extraordinary woman) turned an age that ends with a 0 and starts with a 6. (No, not 600.)

We had a great celebration. My wife's grandparents came to town and we celebrated my mother-in-law's amazing life, generosity, and ever increasing wisdom. We watched a slide show that included embarrassing pictures of my wife in middle school, so that was a blast. (Imagine my wife now punching me in the arm.) And we reflected on getting older.

My mother-in-law has aged gracefully. She has continued to learn. She challenges herself daily to help others and to live an outstanding life. She is well poised to enjoy great years going forward.

However, aging well is not a given.
Some things age well and others don't. Cheese ages well. A fine wine only gets better with time. A painting by Picasso or Monet only gets more valuable with each passing year.

Contrast these items with things that DO NOT age well:

Broccoli
Milk left on the counter
Bananas
Popcorn left out all night
Meat that is not refrigerated
Real estate listing

 

Visit my Blog at Discover Colorado Springs.com for the full story

Chad D. Board

 
Post is included in group: Addicted to Active Rain
Post is included in group: Club Chaos
Post is included in group: Dedicated Bloggers
Post is included in group: Information for Colorado Springs, CO
Post is included in group: Out Of The Box!

26 Comments on From Chad's Blog: How an Aged Listing is A Lot Like Rotten Meat

20 Most Recent Comments Displayed Show All

SEP
29
2010
886,379 Points 227 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

I can actually "smell" that photo of the bull.   Ewwwwww

4:05pm • #7
4 Featured Posts Outside Blog

Chad -
I have to agreewith you - I actually became an agent to sell one of my proeprties that my regular agent hadn't been able to sell in 2 years - Imagine my surprise  when I did a CMA and found I was way overpriced.  Great post!

4:11pm • #8

"Best Title of the Day" award goes to...

4:14pm • #9
650,291 Points Localism Sponsor Outside Blog

Unfortunately some sellers do not get this concept -- once they are "stale" they only keep getting staler.

4:14pm • #10
118,586 Points Outside Blog

I couldn't agree more with you Chad.  Pricing the home right the first time is key to save time and money!

4:19pm • #11
379,075 Points 10 Featured Posts Outside Blog Called Shot Master

I loved Doug's comments.... on the 1 Thousand Dollar reduction - all at once or a little at a time.. priceless! Yes, homes must be priced well... Best, Gay

4:24pm • #12

It seems that everyone is a real estate expert and know how much every house is worth on their street.  Theirs the only one that worth more LOL.

Thanks for the post and I will be printing it and adding it to my listing presentation.

Irene Bilinski
4:29pm • #13
2 Featured Posts

Thanks for the great kudos everyone. That bull is definitely rank Alan.

5:27pm • #14
486,488 Points 3 Featured Posts Localism Sponsor Attended Rain Camp Called Shot Master

Really enjoyed your post, and your way of explaining it is humorous and aptly put.

5:52pm • #15
433,391 Points 20 Featured Posts Localism Sponsor Outside Blog

Great title and analogy of the life of a real estate listing!! First it gets stale though and then it rots on the vine.

7:03pm • #16
Called Shot Master

Sometimes you need to freeze the meat till another time.

7:47pm • #17
2 Featured Posts

That is a good point Ross. Sometimes you do need to freeze a property and wait for later and it is our job as agents to help our clients see that too.

8:08pm • #18
439,948 Points 2 Featured Posts Outside Blog Called Shot Master

Hi Chad~  Unfortuantely there are some sellers that have to learn this the hard way because they wouldn't listen to their agent!

9:44pm • #19

Ouch....I didn't know that 60 is "aged"...even if "aged well". Bite your tongue young man...it will happen to you also...sooner than you think!

With regards to the "aged" listing...you are right on...and that's coming from a well aged agent!

9:56pm • #20
SEP
30
2010
8 Featured Posts

Chad...you hit he bulls eye....every day a listing sits on the market past 30 days, the value of the property starts to decline as well as the value of the REALTOR whose name is on the yard sign....even in the best of markets.

9:34am • #21

What a great analogy!  I kept thinking of the old commercial that was such a huge success "where's the beef?"  I put a listing on 2 weeks ago staged with new carpet and the best priced condo in the complex and we had multiple offers - whoopee!  If only they would all be like that.  The scary part is sometimes I have gotten the price wrong and I've been pricing properties for over 20 years!

Carolyn Schoemer
11:44am • #22
176,682 Points 18 Featured Posts Outside Blog

I plan to pass this on to a few of my most stubborn clients. Sometimes they just need to hear the truth from someone else! Thanks, Chad.

5:45pm • #23
OCT
01
2010

I love the title and post. I wonder how many of these types of posts it is going to take for people to realize correct pricing matters lol

3:14pm • #24
OCT
08
2010
232,526 Points 4 Featured Posts Outside Blog Hit Router Called Shot Master

Chad, you are so right about aged listings.  But, your mother-in-law sounds like a wonderful woman.  You are so fortunate to have such a role model in your family.

By the way, did you make it to the Keller Williams Summit recently in Keystone?

4:35pm • #25
2 Featured Posts

My mother in law is an absolutely amazing woman Vickie. I was not at Summit. I am helping coach my son's football team and had to be here in Colorado Springs for practice and the game.

5:17pm • #26

20 Most Recent Comments Displayed Show All


Captcha

Drag the tshirt to the circle on the side.

Image?id=fe5bfb599f601ce25338047993425956acddd22f Image?id=c576ccd5f398079b4353abead5096025a4824a36 Image?id=8ea001d4bce527829ae923a9f098453d9fa90d44 Image?id=cfe4c700c3dd9a1e2e72cfc9540163a5a8fdb019 Image?id=cbff8b5c4d15ffdc359d049439686fa2724e80de

Accessibility option: listen to a question and answer it!

Type below the answer to what you hear. Numbers or words, lowercase:

Leave a response…


(optional)
Captcha

Drag the pants to the circle on the side.

Image?id=543ef6236b0a092f3e5a76588ab205dd4159ac2a Image?id=695cf45f806af5738e2b99ec568509df58ffb5ee Image?id=265afbe280b2ff1a20f4152971a4744ac5880cd9 Image?id=468320c2475eefa654bf6a8d928bc9108c81195c Image?id=652e1a67bfb382d150cae8b2d2320b9358977352

Accessibility option: listen to a question and answer it!

Type below the answer to what you hear. Numbers or words, lowercase:

 
Chad Board (Keller Williams Hope Realty) Rainmaker_large

Chad Board

Colorado Springs, CO

More about me…

Keller Williams Hope Realty

Address: 12 E. Kiowa Street, Colorado Springs, CO, 80903

Office Phone: (719) 351-3198

Cell Phone: (719) 351-3198

Email Me

Come along as I journey through the Colorado Springs real estate market. Sellers, Buyers and other real estate professionals are all invited.


Listings

Links

Archives

RSS 2.0 Feed for this blog