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Didja' Ever Chase a Ball Downhill?

By
Real Estate Agent

Last night at my daughters' band concert, I ran into another band kid's dad, a former Realtor, and we talked about today's real estate market.  He left the business a year or so ago to pursue his dream.  It was certainly the right decision for him.  He asked me, though, how the business is; he's been hearing so many negative news reports, etc, and yet he sees my blog posts where I'm continuing to sell homes in 30 days, or 60 days or 90 days.  "How are you doing that?" he asked. 

I replied, "Have you ever chased a ball downhill or tried to catch up with a piece of paper blowing along the ground in the wind?  If you run up to it and bend over to pick it up, it will be gone by the time you reach down.  The only way you can stop it is to get out ahead of it and let it run into you."

In order to sell homes in this market, you must stay out in front of the market.  If you wait to cut your listing price until the ball has rolled further downhill, you will always be lagging ... and overpriced for the market.

Bill Gillhespy
16 Sunview Blvd - Fort Myers Beach, FL
Fort Myers Beach Realtor, Fort Myers Beach Agent - Homes & Condos
Excellent analogy Don.  Now lets figure out how we can convince our sellers.
Nov 20, 2007 05:15 AM
Mike West
Heritage Oak Properties - El Dorado Hills, CA
El Dorado Hills, CA CDPE, CNE, Licensed Loan Origi
AMEN!
Nov 20, 2007 05:27 AM
Mike Mitchell
Kee Realty - Saint Clair Shores, MI
REALTOR (R)
Don, great title to your blog and great analogy also!
Nov 20, 2007 11:40 AM
Mike Norvell Sr
Morris Williams Realty - Leesburg, FL
Norvell Consulting Group

Don, you have the idea!!!! Just say it over and over until people actualy let it sink in.

Here is my sign that I think should be in most yards right now..Hope you like it..I get a feeling you will understand..I am building a whole campaign around it.....

Nov 20, 2007 12:49 PM
Nancy Brenner
Referral Associates of Georgia, Inc. - Roswell, GA
Roswell Georgia Real Estate Agent
Don - what a great way to describe how to catch that ball and why we should!  Thanks!
Nov 20, 2007 03:13 PM
Kris Wales
Keller Williams Realty - Lakeside Market Center - Macomb, MI
Real Estate Blog & Homes for Sale search site, Macomb County MI
Don, loved it. Wonderful analogy and oh so true!
Nov 20, 2007 09:29 PM
Don Phelan
Grand Rapids, MI
Five Star Real Estate
Mike (Norvell) -- LOVE the sign. Where can I buy them?
Nov 21, 2007 04:19 AM