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Lessons Learned Along the Way in Real Estate- 2018 Edition

By
Managing Real Estate Broker with Platinum Properties- (931)771-9070 TN Broker: 208698

Lessons Learned

There are lessons we learn along the way in life and in the real estate business. Here are some of the lessons I have learned and found to be true.

 

  • You to decide to take a much needed vacation and a day to two before you are to leave,all kinds of business will present itself.
  • Never judge a prospect by the way they dress or the car they drive. The shabbiest looking client, could be one of your wealthiest and best clients.
  • The day you think you have a light work schedule generally turns into a very busy day.
  • You will work harder on most $40,000 sales than you will on a $500,000 sale.
  • Never say never. That never may come sooner than you think.
  • The first listing agent that loses the listing has laid the groundwork for the second listing agent to sell the property in a very short period of time.
  • The listing agent will get more calls about the grass being tall or cars parked where they shouldn't be, than the occupants or owner receive.
  • Appraisers do not like being told they are wrong or made a mistake. It is much better to get them to see the truth before they put it in their report. Getting theme to change the report is like moving concrete.
  • You show and show a client and then they tell you they think they just want to rent awhile longer.
  • It is harder to get permanent buyer financing for a $50,000 home than on a $200,000 home.
  • Any time you are running late for an appointment, the chances of coming across a traffic accident or extra heavy traffic are increased.
  • If things go wrong during the sale, the real estate agent is sure to get the blame.
  • You finally get a contract on that listing that has been on the market for so long. Within hours one or more calls come in telling you they are ready to write an offer on the same property. Where were they 2 days ago?
  • The buyer you think will be hard to work with ends up being one of your most pleasant clients.
  • The client or friend that you thought was going to be easy to work with gives you nothing but a hard time and heartache.

 

Posted by

 Centruy 21 Platinum Properties2130 Wilma Rudolph Blvd.

Clarksville, TN 37040

When you need Real Estate services in Clarksville TN

                  it would be my pleasure to assist you!                             

Debbie Reynolds
"The Real Debbie Reynolds"

Check out all Clarksville TN Real Estate on My Website

                   
                   
931-771-9070 Office | 931-320-6730 Cell

Clarksville TN Homes 

                 

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Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good afternoon Debbie - wise sayings from a seasoned Realtor.  I have been there for some of them.

Mar 18, 2018 09:44 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Can't argue with a single one of these, Debbie. Especially the first one! It seems to be the story of my life!

Mar 18, 2018 10:33 AM
Roy Kelley
Retired - Gaithersburg, MD

Thank you very much, Debbie, for sharing some of your experience.

 

Mar 18, 2018 12:31 PM
Yolanda Cordova-Gilbert
Richmond, TX

Debbie,

 Absloutley love this and oh so true...though I did pass on a client once and he was the terrible how do I know because he was one of Bob's clients! I was so glad he bought from another builder.

Mar 18, 2018 01:16 PM
Sheri Sperry - MCNE®
Coldwell Banker Realty - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Debbie Reynolds - I think I have experienced every one of these lessons!  There is much truth in this post.

Mar 18, 2018 01:57 PM
Kathy Streib
Cypress, TX
Home Stager/Redesign

Hi Debbie- even though I'm not an agent, many of these rang true...from stories I've heard from agents.  I'll bet agents reading this are shaking their heads "yes."

Mar 18, 2018 05:49 PM
Luther Ragsdale
Platinum Real Estate - Atlanta, GA
Luther Ragsdale is a dedicated real estate coach

'Any time you are running late for an appointment, the chances of coming across a traffic accident or extra heavy traffic are increased', ha ha so true! It happens to me all the time!

Mar 19, 2018 01:56 AM
Solly Assa
Assa Properties Inc - New York, NY
Solly Assa is the Founder & CEO of Assa Properties

So true! It made me laugh! ha ha

Mar 19, 2018 03:23 AM
Michael Touchette
MT Realty - Lynnfield, MA
Michael Touchette is a real estate developer.

Being apart of this industry you definitely learn some things along the way.  I think all of us here can nod in agreement of how applicable these lessons are to our own lives. 

Mar 20, 2018 02:31 PM
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Good morning Debbie Reynolds,

I'm so glad to see Carol Williams feature your post in her Second Chance Saturday series! I missed it identified with every point you made. You offered so much wisdom and common sense in your post..a must read for everyone!

Mar 31, 2018 06:14 AM
Ian Bush
Ian Bush Homes - Ashburn, VA
Ian Bush, Loudoun County's Favorite Realtor

All tru-isms! With "working hard", I have had my butt kicked with $75K and at the $1MM price point just as hard. 

Mar 31, 2018 07:17 AM
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

HI Debbie

There are lots of truisms in our business aren't there? Fun read with a lot of truth.

Jeff

Mar 31, 2018 08:13 AM
Debb Janes
Nature As Neighbors - Camas, WA
Put My Love of Nature At Work for You

This is such a great post, Debbie. Not sure how I missed it and why it wasn't featured. Deserves both our attention and a star. I was shaking my head yes reading through your list. D 

Mar 31, 2018 08:30 AM
MaryKay Shumway
The Kellstrom Ray Agency, Inc. (Est. 1948) - Sister Bay, WI
Door County Wisconsin's Real Estate Expert

Amen.  The adage is so true in our business.  NEVER JUDGE A BOOK BY ITS COVER.  And yes, I just went on vacation and one of my high $400,000 expireds went under contract with a protected buyer.  Last time I was in Phoenix I negotiated a 1.2 million from the pool (family was angry I kept disappearing into the room).  When I attended convention in Orlando 2 years ago I received 3 offers in the first two days I was there.  NEVER FAILS!!

Mar 31, 2018 09:41 AM
Marte Cliff
Marte Cliff Copywriting - Priest River, ID
Your real estate writer

When I was an agent I experienced every one of those but one. Around here no one complains about grass not being cut - or at least they didn't back when I was in sales.

Mar 31, 2018 10:52 AM
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

I loved everyone of these I would normally say oh the one about the appraisers or the grass was perfect but these ALL are

Mar 31, 2018 01:50 PM
Margaret Goss
@Properties - Winnetka, IL
Chicago's North Shore & Winnetka Real Estate

Kind of like Murphy's Law, right?

Regarding your first point, my husband always says we should go on more vacations :)

Apr 01, 2018 03:35 PM
Jill Sackler
Charles Rutenberg Realty Inc. 516-575-7500 - Long Beach, NY
LI South Shore Real Estate - Broker Associate

These are so good and true and funny, in the most ironic way.

Apr 01, 2018 05:52 PM
Kat Palmiotti
eXp Commercial, Referral Divison - Kalispell, MT
Helping your Montana dreams take root

I have experienced many of these same things! I love your list of lessons learned.

Apr 02, 2018 04:56 AM
Thom Abbott
MyMidtownMojo.com |770.713.1505 | Intown Atlanta GA Condo Living - Atlanta, GA
Midtown Atlanta GA Condos For Sale

Oh yeah to every one of these. 

Especially planning a trip out of town. 

 

Apr 03, 2018 01:10 AM