how many licks does it take to get to the tootsie roll center of the tootsie popDo you remember the Tootsie Roll Pop commercial from TV? The little boy goes up to Mr. Turtle and asks, "Mr. Turtle, how many licks does it take to get to the tootsie roll center of the tootsie pop?" And Mr. Turtle says, "I don't know, ask Mr. Owl." So, the boy takes the tootsie pop to Mr. Owl and asks the same thing. Mr. Owl takes 3 licks and then bites the lollipop. He tells the boy it takes 3 licks to get to the tootsie roll center of the tootsie pop.

It reminds me of buyers of real estate...some people buy the first day they're out looking at houses, some people take their time, and some never buy at all.

A buyer calls up and tells us they are looking for a house to buy. We show them a couple of houses and the first day out they write an offer and  buy a house. They're like Mr. Owl. They do it quickly.

Then, there's buyers that take their time. They call and tell us they are looking for a house. They do all their homework and they do it again. We show them houses and months go by. We call them, but get no reponse.   They're in no hurry. They contact us again and want to look again. Then, they look at more houses. Some buyers take months or even a year before they finally make a decision on the house they want to buy. But, they do eventually buy. They are the ones that savor every lick of the lollipop, until they finally get to the tootsie roll center.

Some never buy. They've got a lot of time on their hands. They find ways of talking themselves out of buying each house they see, for one reason or another. Sometimes they tell us they have been talking to friends, and the more friends they talk to the more confusing the decision becomes for them. Perhaps they're really not ready to buy. They spend months or even years looking at houses.  They just can't seem to take that plunge. They're like Mr. Turtle, they don't know how long it takes to get to the tootsie roll center of the tootsie pop, and frankly they don't care.

"How many licks does it take your buyer to get to the tootsie roll center of the tootsie pop?"

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21 Comments on How Many Licks does it Take a Buyer to Get to the Tootsie Roll Center?

20 Most Recent Comments Displayed Show All

AUG
02
535,983 Points 71 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

In my small market we can hit every house in a price bracket in three trips. After that buyers either "buy" or become renters. Gas is too expensive to tour folks around for 5 months looking at essentially the same "3 bedroom ranch style house".

7:05am • #2
566,182 Points 29 Featured Posts Outside Blog Attended Rain Camp

Raymond, Buying a home is different for each individual buyer.  And each has to move at their own pace, so they are certain that they buy the right house that suits their wants as well as their needs.

 

7:28am • #3
566,182 Points 29 Featured Posts Outside Blog Attended Rain Camp

Doug, Wow, your market can be seen in 3 trips. Well, I suppose that narrows down the options for buyers quite quickly. So, do houses in your market move rather quickly?

7:30am • #4
315,499 Points 20 Featured Posts Outside Blog Called Shot Master

Some people think they want to buy a house but in reality they just can't take that huge jump.  Others buy the first one they see.  I can pretty much figure out those who like to use up my time by showing them houses they will never buy and with those people I do not stay in contact.  Let someone else give them a city tour.

7:30am • #5
803,539 Points 20 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Another great featured post, Sandy! You have been full of creative posts lately...must be the yoga!

8:02am • #6
354,662 Points 19 Featured Posts Localism Sponsor Attended Rain Camp Called Shot Master

Sandy, I've only had one to buy on the first day (six year period). You are right about some who savor the search but for most there comes a point that if the search goes too long, the savoring becomes an uncomfortable grind. Tootsie Roll Pops-great candy.

8:10am • #7
257,177 Points 2 Featured Posts

It takes 563 licks to get the center.  I tried it once.  No just kidding.  But seriously, I like the buyers that just crunch right to the Tootsie Roll center.  Those are the best buyers.  Good post Sandy and best of luck to you.

8:11am • #8
2 Featured Posts Outside Blog

Doug is right - some "buyers" want to look at that same house 5 miles away, 10 miles away, then 7.5 miles away, then 2.35545 miles away, in a cul-de-sac, on a busy road "just to be sure".  And they're still asking to see fresh homes when they've seen all that's available in their niche.  Suddenly, all their "must haves" change!!!  

That's when we get off the merry-go-round.

8:59am • #9
762,614 Points 106 Featured Posts Outside Blog Called Shot Master

I've worked with buyers in every cateogory. Although, the ones who are like Mr. Owl are good for the pocket book, I enjoy buyers at every phase. Except those who think they'll just waste my time.

9:09am • #10
937,819 Points 51 Featured Posts Called Shot Master

What a delightfully written blog so worthy of its feature, Sandy!  It does seem to take a variety of Mr. Owls and Mr. Turtles to make up the world doesn't it:-)

9:16am • #11
152,633 Points

That depends.

If the buyer is an owl then it only takes two.

9:19am • #12
103,338 Points

Let me guess, you ate a tootsie roll pop yesterday didin't you? Cute post Sandy. Now I have a hankering for a lolly pop or tootsie roll pop.

9:47am • #13
1 Featured Post Outside Blog

Sandy, I guess it all depends on the market environment you are in.  In Phoenix for example, if there is a halfway decent home priced well an offer will need to be that day.  Most decent homes are receiving multiple offers within the first 3 to 5 days on market, so the mentality of buyers has to change.  Sometimes one lick it all they will get!

10:45am • #14
137,515 Points Outside Blog
The less the better I suppose.
3:29pm • #15
159,470 Points 3 Featured Posts Outside Blog

Hello Sandy,

great post :)  I would say, as many as it takes... just enjoy your day and buy something

6:41pm • #16
866,303 Points 18 Featured Posts Localism Sponsor Attended Rain Camp Called Shot Master

Hello Sandy. I think we have all run into these various types of tootsie roll people...

7:12pm • #17
236,734 Points 4 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Hi Sandy,

I enjoyed reading this entertaining blog.

Every buyer is different, so the licks could be one or unlimited :)

Have a fabulous weekend!

9:46pm • #18
AUG
03
556,002 Points 31 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Hi Sandy,

It is up to us to decide who to work with and what approach to take.

Anyone with experience has done the show and show and show with no go.

Good way to burn you out of real estate completely.

Phil

3:42am • #19
433,140 Points 10 Featured Posts Outside Blog

Sandy, first and most important, I always enjoy your posts!!! It simply doesn't matter how long it takes (or how many licks) I am with a buyer for the duration. BTW, As a kid, I always enjoyed the Tootsie Roll Pop... I had forgotten all about them until your post today.

11:20am • #20
AUG
05
280,727 Points 14 Featured Posts Called Shot Master

Great post Sandy! Love the tootsie pop analogy, it is so very true.

5:07am • #21

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Sandy Shores Broker-Associate, Melbourne /Palm Bay, Brevard County FL Real Estate

Melbourne, FL

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