"It's The Relationship, Stupid!"

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While I was writing the first draft of The Irreverent Guide, a had a wonderful writing coach named Jeff Stein.  He's a professional journalist and has two books already published and is working on a third now.  He was the perfect coach because he knew zip about real estate and lots about writing.

After he read my first few chapters, he suggested that I take a sticky note, write on it "IT'S THE RELATIONSHIP, STUPID!!!!" in big bold letters, and stick it to the top of my computer screen.   

Without knowing about our business, he put his finger right on the point of it all!  Whether I'm writing a book about real estate or meeting with a client, it's the relationship!  And not just between agent and client!

  • If you have two people buying or selling a place, whether or not they are married, it's their relationship, complete with any unresolved control issues.
  • It's the relationship I have with the listing agents whose properties we make offers on.
  • It's the relationship the buyers and I have with the loan officer who prints the money they'll need to buy the place.
  • If the buyers are going to The Bank of Mom & Dad for the down payment, that could be one huge relationship - with some very interesting strings attached to gift or loan.
  • At some point, there will be a relationship between the buyers and sellers.
  • And it's an important relationship between everyone and the title company.

Du-uh!

Getting any transaction to the settlement table involves carefully choreographed teamwork.  And whenever I get myself into a messy transaction, the first thing I have to ask myself is, "What can I do to help fix the relationships that are out of whack?" 

And if I can answer that, I get usually get through it!

 

8 Comments on "It's The Relationship, Stupid!"

You hit it right on the money, Patricia!  We are all in the people business!!  Great Post!!!

09/21/2007 10:53 AM by Austin Referral Realty


Excellent Patricia...people and relationshsips is what this business is all about!

09/21/2007 10:56 AM by Mary Warren, Las Vegas Real Estate (Keller Williams Southern Nevada)


Great post.  Like any business that requires (or desires) referrals, relationships matter most.

09/21/2007 10:59 AM by Jason Romrell (ActionCOACH Business Coaching)


Can I have one of those sticky notes?  And, yes, it's definitely choreography!

09/21/2007 11:26 AM by Tricia Jumonville, EcoBroker® (ERA Colonial Real Estate)


Good reminder. If we keep that main point in focus, the details should work themselves out.

09/21/2007 11:56 AM by Chrissy Harrison (ERA Tradewind Real Estate)


Patricia- 5 stars from me, this is one of your best posts you have written! Excellent and so true, it is all about the relationship! Always and forever. We are all connected. Katerina

09/21/2007 02:30 PM by Nestor & Katerina Gasset, Realtors® Wellington Florida Luxury Homes (International Properties and Investments, Inc.)


Thanks for your comments!  This is for all of you - and I apologize - I thought I had replied last week!

09/28/2007 11:03 AM by Patricia Kennedy (Evers & Company)


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Real Estate Agent: Patricia Kennedy (Evers & Company)
Patricia Kennedy
Washington, DC
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Evers & Company

Office Phone: (202) 464-8400
Cell Phone: (202) 549-5167
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Pat Kennedy -- author of The Irreverent Guide to Real Estate -- gives you a look at life on the streets as a real estate broker in our nation's capital. And her blog is peppered with great advice combined with humor!

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