Hurricanes are Like Real Estate

Real Estate is Like a Hurricane! How so you might ask?

 

Hurricane

 

You have to be prepared for the worst and hope for the best..it can't be the other way around. When taking a listing, sellers need to be prepared for the various stages of the transaction. The house has to be assessed for repairs, upgrades and unnecessary items removed. It has to be ready for showing.

Counseling needs to be done at this time regarding the stress of the move.  Are you 100 percent sure  you want to sell? 

What if it sells in a week...where will you go? What if it doesn't sell for six months...will your plans change? When it does sell are you prepared to  say goodbye?  

I have found in my careers of nursing, art, and real estate that when speaking to people with depression, there was some kind of tragedy that happened 18 months to 24 months prior.

Moving may not be a tragedy but it is a major life change. You have to be aware of the stress associated with a move. 

 

You have to be prepared to show the house, sometimes with little or no notice. Then you have to be prepared for showings and no feedback or no showings for a week or buyers who return numerous times but then disappear without an offer. 

 

You have to be prepared for the negotiations of an offer which is not just about price. Can you live with the terms? Can you live with the conditions? Even after the contract is ratified, there are more hurdles. What if it does not appraise, what if the buyers cannot get their loan, what about the 27 minor requests on the home inspection report?    Again more stress!

 

Can you  see how Real Estate is Like a Hurricane?  You have to be prepared for the worst and hope for the best..it can't be the other way around.

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Author of Real Estate the Rome Way

www.HomeRome.com

410-530-2400

Margaret Rome on Zillow

 
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16 Comments on Hurricanes are Like Real Estate

AUG
28
2011
445,536 Points 11 Featured Posts Attended Rain Camp Called Shot Master

Margaret, I wouldn't have thought there was anything at all in about realestate that was like hurricanes, but your suggestion of "being prepared for the worst and hoping for the best" certainly works for realestate as well as almost anything in life.
1:26am • #1
712,458 Points 118 Featured Posts Localism Sponsor Outside Blog Called Shot Master

Margaret,

You draw some accurate analogies.  Great job tying the subject matter to current events!

Mike in Tucson
5:58am • #2
1,521,960 Points 275 Featured Posts Localism Sponsor Outside Blog Attended Rain Camp Called Shot Master

Good morning, Margaret....we're just experiencing some wind now....we'll have a long day today and hopefully won't lose power.....that's the worst part....
6:47am • #3
1,501,247 Points 355 Featured Posts Localism Sponsor Outside Blog Hit Router Attended Rain Camp Called Shot Master

Hi Margaret...

Real estate really is like standing in the middle of the tempest ... nice analogy. I hope that all of my friends and family in the path of the storm fare well.
8:25am • #4
879,476 Points 10 Featured Posts Outside Blog

Margaret -  great analogy ..... there is much about the weather that is similiar to real estate or terms that we use in real estate or that affects real estate.
11:34am • #5
1,337,920 Points 128 Featured Posts Localism Sponsor Outside Blog Attended Rain Camp Called Shot Master

We lost power about 5:30 AM..our generator did not work. Waiting for contractor to try and get it started. I'm in the car charging my cell phone. Lot's of debris and downed trees all over...more later... when power is resumed!
12:11pm • #6

You could probably say that hurricanes are also like some home inspectors, full of wind.... LOL
3:14pm • #7
698,000 Points 15 Featured Posts Outside Blog Called Shot Master

I liked Russel's comment.  And, I hope you are okay, and it sounds as if you weathered the storm in pretty good shape.  Just get that generator started!
6:26pm • #8
1,337,920 Points 128 Featured Posts Localism Sponsor Outside Blog Attended Rain Camp Called Shot Master

Russell, Some inspectors might be... but not you!

Suzanne, Generator is now working. Fingers crossed to keep it that way.
7:18pm • #9
882,294 Points 10 Featured Posts Attended Rain Camp Called Shot Master

Margaret, you always have something great, something new! Nobody would have ever thought of this. And what a comparision!

Though we were lucky here in Massachusetts as compared to most of the East Coast.
10:02pm • #10
1,337,920 Points 128 Featured Posts Localism Sponsor Outside Blog Attended Rain Camp Called Shot Master

Praful, Glad you like the comparrison and thanks for taking time to reblog. You are so darn special1

 
10:10pm • #11
763,614 Points 107 Featured Posts Outside Blog Called Shot Master

This is so true...be prepared for the worst and hope for the best. Hope you are faring well.
10:11pm • #12
AUG
29
2011
277,344 Points 4 Featured Posts Called Shot Master

Your post and your comparison of Real Estate to Irene was very interesting.  I do hope you and Lee are doing okay up there.  I heard the Balmer area had some outages.  We just got our power back.  :) Talk with you soon. :) Gail
12:31am • #13
1,337,920 Points 128 Featured Posts Localism Sponsor Outside Blog Attended Rain Camp Called Shot Master

Tammie, Thanks for stopping by.

Gail, Our neighborhood has been without power for over 24 hours. Very fortunate...our generator is working.

Let's talk soon..it's been way too long.
6:15am • #14
1,157,830 Points 38 Featured Posts Localism Sponsor Outside Blog Called Shot Master

Another gem! Thank you!!!

 

Leah,

You are very right -- life can "rock you like a hurricane"

 

Blessings to everyone,

Laura
11:58pm • #15
AUG
30
2011
1,337,920 Points 128 Featured Posts Localism Sponsor Outside Blog Attended Rain Camp Called Shot Master

Laura, Need to be prepared for the worst. Thanks for stopping by.
12:16am • #16


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Margaret Rome Baltimore, Md. 410.530.2400

HomeRome Realty

Baltimore, MD

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HomeRome Realty Author:Real Estate the Rome Way 410-530-2400

Address: Baltimore, Md, 21209

Cell Phone: (410) 530-2400

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