I got a call yesterday from Marc Davidson over at 1000Watt Consulting.  He told me that he was tired of the the gloom and doom real estate reporting already.  He said that he was writing a series on things that "fascinated" him in the real estate business.  He wrote an inspiring post called Walking on The Moonwhich explores a different and positive real estate perspective that you don't hear so much these days.  You might want to have a quick read, its more of what we all should be writing about if we want to turn the media tide, but that's another blog entirely.

Take responsibility for your business.real estaete sink or swim


I laid in bed last night and thought about the market and my business and my conversation with Marc, and wondered why I felt like 2008 was going to be a great year.  You know, I've never been one to follow the pack, I basically live my life hearing the beat of some other drummer.  My real estate career is no different, market up or market down, it really depends on what I do that drives my business.  I've never given the market much credit when I had the big pay days and I don't blame the market when my credit card balances start to climb. 

Why fix it if it ain't broke?
  If everything is going along just fine, then no changes are in order, but if your business declines, then you need a change.

I'm a control freak, and anyone that knows me even a little will tell you this.  Maybe that's what I love about real estate the most, I can control my income.  Nope, I can't control the market, but I can control what I do with the market that is in front of me.  It's like a game, and it is certainly not boring.  I don't use the same marketing techniques for each home that I list so why would I use the same marketing techniques for a different market?  I've found my niche has changed as the market has shifted from a buyers market to a sellers market and that's because I changed with the market.  I did it naturally, I didn't even notice until last night.

It doesn't matter what I think about the market, I have to adjust my thinking if I want new opportunities.

I think the market change is good, we needed it.  But even if I didn't think the change was good or that it was long over due, I'd still have to adjust the way that I do business and my mindset.  My point here is that we (real estate professionals) don't make the market, but we do have to succeed in whatever market that's in front of us.  Market up, or market down, if there is movement there is a living to be made, and a good one if you ask me.

You can avoid having ulcers by adapting to the situation:  If you fall in the mud puddle, check your pockets for fish.  ~Author Unknown

 

 

20 Comments on If You Fall In A Mud Puddle, Check Your Pockets For Fish

JAN
25
2008
Tracey ~ Great attitude and that can make all the difference in and of itself. Cheers for '08!
11:43pm • #1
14 Featured Posts
Brian - You know it!  Thanks for stopping by.
11:48pm • #2
JAN
26
2008
122,669 Points 1 Featured Post
Tracey- Great positive spin. Those who need excuses to fail will find them in any market.
12:04am • #3
14 Featured Posts
Mark, oh yes, you are so right. It is what you make it.
12:10am • #4

Thanks Tracey,

 Uplifting. Here in Southwest Washington we have been spared the 'burst' but everyday I talk to people that are ready to jump out the windows. Just turn off the TV and put down the 'cool aid'.

12:17am • #5
641,438 Points 104 Featured Posts Localism Sponsor Outside Blog Hit Router
Tracey- Exactly! And if you want to sit around blaming and complaining I would be happy to show you the door! The market is what it is and we must adapt to change. We did, when Nestor felt the market turning, he said we better jump back to residential because the land deals are going to crash. And he was right, Katerina
12:25am • #6
567,819 Points 95 Featured Posts Localism Sponsor Outside Blog Hit Router
Tracey, that's where I read it. LOL in response to your comment on my blog. That was a great article on you, girl. If we are going to be in this market, then we absolutely have to adapt to it. Control it? No, but adapt yes, and I love the quote.
9:28am • #7
595,921 Points 111 Featured Posts Localism Sponsor Outside Blog
Simply stated, this is surely the way to say....we have to be like chameleons...and change and adapt to our market .... :) Thanks Tracey...good boost.
10:39am • #8
JAN
27
2008
534,629 Points 45 Featured Posts Outside Blog
Tracey - every market has an opportunity, and that's what we have to look for. We need to find the good and talk about it - honestly - rather than wallowing in gloom.
11:53am • #9
259,441 Points 30 Featured Posts Outside Blog
Tracey- A control Freak huh LOL...because I find it frustrating trying to control so many things in this Field, forget this Market.  I like what you wrote here....and your comment that you don't market every house the same so why would use the same Marketing techniques in this Market......yea I liked that.
10:11pm • #10
JAN
28
2008
3 Featured Posts
Tracey, here is a sure fire way to avoid ulcers, while lying in bed think of other things besides real estate...works for me
9:09pm • #11
14 Featured Posts

Scott - Turning off the TV is a big one.  I don't know about the koolaid though.

Katerina - The market is what we make it, same for life.

Missy - I love this quote too. It's a little strange but it makes sense.

Sally - Yes, I didn't think about chameleons but that's exactly what we have to be.

Sharon - Opportunity is everywhere, we just have to find it.

Kathy - Glad you liked it, we need to roll with the market here.

Ralph - I have no comment since the comment I do have may incriminate the innocent. ; -)

10:42pm • #12
JAN
29
2008
403,673 Points 72 Featured Posts Outside Blog

Tracey...

What a great post you have here...I would comment further...But I am still too busy laughing at your title...

Did someone say FISH? :)

P.S. Do the sardines in my purse count? :)  

TLW...ROAR!  

7:20am • #13
Tracey, as one of my client's says ... I have no other choice, what am I gonna do? Get a job? I'm unemployable.   I think those who stay in will be in the position to really prosper when the market rallies.
7:31am • #14

Tracey - Great post.

You remind me of a story my dad used to tell me about a man standing in a room chest deep in manure.  "Quick," he yelled "somebody get me a shovel."  When asked why he replied "There must be one helluva horse in here somewhere!"

8:35am • #15
14 Featured Posts

TLW - The sardines in your purse count for sure!

Jackie - I think we can prosper anytime, this time is just a little more of a challenge.

Sean - Haha!  Cute Story. 

9:22am • #16
237,688 Points 30 Featured Posts Localism Sponsor Outside Blog

Oh so true my friend.... I was wishing the title of this post was done in a question form so I could have included it in my review.   Honestly this post was on my original list than I changed themes' 

sorry........  But love the picture :)

9:39pm • #17
FEB
01
2008
257,260 Points 24 Featured Posts Localism Sponsor Outside Blog Hit Router
Exactly my thoughts too! Tracy you and I have twin minds that were separated at birth! Love your new pic!! Hope you have a fabulous weekend.
9:29am • #18
FEB
18
2008
583,285 Points 62 Featured Posts Outside Blog
Tracey, a very good post about adapting to the market, the new reality. Others fight the market, you encourage going with the flow to maintain your income or grow. Words to definitely consider.
4:41pm • #20

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Tracey Thomas Calabasas, CA Real Estate

Calabasas, CA

More about me…

Keller Williams Realty

Address: Calabasas, CA, 91302

Office Phone: (818) 652-2937

Cell Phone: (818) 652-2937

Email Me

 
I believe there is more to Real Estate than showing property and taking listings. I have over 25 years of marketing experience plus I'm a self proclaimed computer nerd and love Real Estate technology.

I invite you to contact me regarding the sale of your home. When called upon, I will show up, on time and prepared. You can be sure that a one hour investment talking with me will yield at least one or more priceless ideas!


 

 

 

 

 

 

 

 



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