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If I Had a Crystal Ball, I'd Be Sipping Mai Tais

By Christine Donovan

Real Estate Agent with Donovan Blatt Realty 01267479

April 29, 2012 02:55 AM

Many clients have asked me if the market has hit the bottom, when it will rebound, whether their home will have increased X% in Y years from now.

My response to all of them is simple, if I had a crystal ball, I'd be sipping mai tais on my own private island. Since that obviously isn't the case, the best that I can do is show them the current market and what has happened in the past.

Magic Mirror

I then explain that we really need to explore the reasons why they are buying or selling to determine if this is the best time for them rather than trying to guess what the future will bring.

I wish I had a crystal ball or even a magic mirror. Since I don't, I'll have to stick to just the facts ma'am.

Originally Posted at: If I Had a Crystal Ball

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Team Honeycutt

Allen Tate - Concord, NC

I have been asked all types of questions that I could not possibly give a knowledgable answer to. I always pretty much answer like you did.

Betty

Apr 29, 2012 02:58 AM

Sharon Lord

Maracay Homes - Peoria, AZ

New Home Advisor

Christine - "mai tais on my own island" sounds heavenly....! Great response to a question that no one can answer with 100% accuracy!

Christine Donovan

Donovan Blatt Realty - Costa Mesa, CA

Broker/Attorney 714-319-9751 DRE01267479 - Costa M

Betty - There is no other truthful way to answer.

Sharon - Doesn't it sound perfect?

Richard - I'm good with that. Any island in particular?

Apr 29, 2012 03:34 AM

Michelle Francis

Tim Francis Realty LLC - Atlanta, GA

Realtor, Buckhead Atlanta Homes for Sale & Lease

Christine,

Fabulous response. I respond that I wish I knew, here are the local trends we are seeing, however, there are a number of factors that can send this either way, so I just don't know if we are at a final bottom or a temporary bottom. My clients respect that, as I can't promise a bottom without that magic ball.

All the best, Michelle

Apr 29, 2012 07:58 AM

Stacey Smith

Keller Williams Realty - Aliso Viejo, CA

Your Orange County Beach Cities Realtor

We can show our clients the facts all day but we can only hope the will listen to us..

Apr 29, 2012 08:58 AM

Michael S. Bolton

Michael S. Bolton,Inc. - Zimmerman, MN

MN Appraiser

Christine~I love your photo! I think the real estate industry put themselves in somewhat of a tough spot when for years they told the public that real estate is a good investment, and obviously that isn't the case in many areas of the country right now.

I believe in your approach, have people assess their needs and see what works for them. Getting people to realize all of the benefits of owning home, other just dollars and sense should be the focus.

Have an AWESOME day!

Apr 29, 2012 09:30 AM

Ellen Caruso

Daniel Gale Sotheby's International Realty - Glen Head, NY

Christine, I'd tell them to do just what I did today....take a drive around and see all the Real Estate signs with and Under Contract sign beneath them....sales are good!

Apr 29, 2012 01:40 PM

Richard - I like the way you think.

Michelle - It's always that elusive ball, isn't it?

Stacey - You're right. All we can do is hope they can hear us.

Michael - I think it makes sense for peopl to look at their own needs and wants as they decide if now is the right time.

Ellen - That's not a bad idea.

Apr 29, 2012 03:09 PM

If I Had a Crystal Ball, I'd Be Sipping Mai Tais

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