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Work Hard in The Summer, Brag in The Winter

By
Real Estate Agent with Big Block Realty 858.232.8722 CA BRE# 01261476

Work Hard in The Summer, Brag in The Winter

A  real estate, licensed in 2012, walked outside his office on a warm sunny San Diego morning and proclaimed, "It's a sunny day, I did that!"          

“No…no you did not. You just showed up.”, as Coach Bill Hart would say.          "The sun was there already, you can't take credit for it."

"Sold in 1 hour, with 20 offers; I'm the best Agent!" 

The sunny day was provided to you by some other force of nature, which we can't take credit for (and many of us were here long before this sunny day, when there was no sunshine; there was rain, snow, draught, fog and chilling cold. Just like that agent has not much to do with the market the last 9 years, but benefits from it - to an extent.

See, while it's never been easier to make money in real estate since the Great Recession of 2007 ended, it's also never been harder to develop ALL the skills you need to be a career agent. It's never been harder, because it's been a seller's market and there it hasn't been a down market in the last 9 years here in San Diego, CA. Now, don't get me wrong, what we do isn't easy even in the best of times, but the market has been improving fairly consistently for 9 years which creates a false sense of skills.

It's easy to think you're a great fisherman when the lake is stocked and they're jumping in the boat. But, it's not until you're on the open ocean in the middle of rough seas that you find out who you are and what set of skills you really have. Now, I'm not praying for a storm, I like calm waters, but when they bring out the amateur "boys of summer"...well.

Many of us have been REALTORS* through decades of different markets and interest rates, and we've learned to earn through "winter markets" and "summer markets" alike; we were tested.  But, there's a whole new generation of agents, licensed in 2012+ and most if not all have never known a market in the valley of a winter in our San Diego Market, because we've been in abundance mode (except for inventory)  since the 2007 Crash, with very few and very short blips of challenge. And I see them advertising how great they are, how they can "sell your home in 29 days or less or it's FREE". (Well, duh, 89% of San Diego homes sell in 7 days or less the last 3-5 years...of course you can make that claim now. But, could you do it in 2009?

I bring this up because never in my career have I dealt with more    temper tantrums and lack of emotional intelligence from other agents than in the last 3 years. The common thread being these agents all have less than 9 years experience in the market.

They have mid-escrow melt downs over "splinters in their finger tips" issues, because they've never had a "broken bone" issues to resolve. Experience offers a 10,000 foot view of their ground level issue.

And so, it feels like lately I babysit other agents more than ever - and I only do so to get the deal closed. (Then, they go on my Blacklist). 😉

The summer soldiers risk deluding themselves about their battlefield skills, they only knows doing battle in good weather, with abundant supplies and ammunition.

The Winter Patriot knows the cold, the hunger, the sickness, and the pain of and loss and injury. The Winter Soldier in our industry is the seasoned professional, with his/her battle bruises, scars and honed work ethic, has built an amazing business. The Winter Patriot has known the spoils of war on the top of the mountain, the reckoning down in the valleys and the uncertainty found on the plateaus.

I respect any agent in business today, that was in business and stayed in business through The Dot Bomb of 2000, 9/11/2001, The Great recession (The Crash of 2007-2011) and countless other peaks & valleys in their career. They are the ones better equipped to prospect when consumers retreat, list houses & sell them when it takes 6 months to close escrow and represent buyers when rates increase or inventory drops.

When the market shifts and it always does; skills learned at hundreds of kitchen tables over years and a variety of challenging markets are what pull you through and shed perspective on what real problems are vs. minor inconveniences. We've basically had one long upswing the last 9 years here in San Diego, CA. Even the pandemic only shut us down for about 5-6 weeks, then we went right back to an abundance of work. 

The fiery furnace of adversity is where I honed my craft: my negotiating, problem solving, communication and creative solutions all were born at several hundred kitchen tables, conference rooms, hotel lobbies and living rooms with prospects and clients, through a deluge of markets.

I don't wish for harder markets or challenging economies; I do hope for our industry to raise the bar on our basic business practices and communication skills and for REALTORS* to take pride in what they do and respect each other while doing it. We don't have to like each other, but we can show professional respect while serving our clients. I suppose I'm sounding like the old guy on his porch yelling at the kids to "get off my lawn" LOL. But I love being a business owner in real estate, for me this not a trendy fast buck job, it's a career choice that many of us make and honor with mastery of skills and high standards - for ourselves, our clients and other REALTORS*.

 

 

1. Photo by SivaSankara Reddy Bommireddy on Unsplash

2. Photo by stephen momot on Unsplash

3. Image by mohamed Hassan from Pixabay 

4. Photo by Oliver Sjöström on Unsplash beach

5. Photo by Simon Infanger on Unsplash winter soldier

6. Photo by Quino Al on Unsplash hands

 

Posted by


Thomas J. Nelson
REALTOR®, CRS, RCS-D, CDPE, e-Pro, Certified Military Home Specialist, Luxury Home Specialist, Author, Keynote Speaker and  Podcast Host 

Serving Coastal San Diego from Carlsbad to Coronado, Downtown, Balboa Park Area,
La Jolla/UCSD & Mission Bay Park Areas
I Offer Rebates to Veterans
& Active Duty

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Disclaimer:  Nothing in this blog article is to be construed as legal advice, tax advice, medical advice or financial advice.  For legal advice see an attorney.   For tax advice, health or financial advice see a tax attorney, certified public accountant, or other qualified professional.
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good morning Thomas - you are certainly right about this.  Interviewing agents has never been more important.  How do that handle the rain and cold.

Oct 25, 2021 07:44 AM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Thomas and thanks for the great blog to share with us this day in the Rain.  Make it a great day!

 

Oct 25, 2021 08:51 AM
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Hello Thomas - life introduces us to many kinds of people.  It's an ongoing education and, at times, somewhat reminiscent of that old television series - The Gong Show.  I am sure I have run into the Unknown Comic on more than one occasion.   

Oct 25, 2021 09:12 AM
Ed Silva, 203-206-0754
Mapleridge Realty, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

They sun day agents are enjoying the market, but as you point out they will have issues once we get into cooler times and then they have to really learn how to be a real estate professional.

Oct 25, 2021 09:24 AM
Anna "Banana" Kruchten
HomeSmart Real Estate - Phoenix, AZ
602-380-4886

Oh Thomas I had to laugh about the melt downs and mid-escrow with far too many newer agents lately!  Over the years I've seen agent DRAMA and it ain't pretty!   Many aren't able to even get into escrow as they lack the skills to win a bidding war for their clients. That's an even bigger melt down when they call asking why they didn't get the bid?  Duh.....

Oct 25, 2021 10:48 AM
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Thomas,

We had very little drama in our stint as commercial real estate broker and company.  The only time we were incredulous was when a client did not show up.  His company was a Dow Jones company, that was on Thursday.  On Monday, we read in the Wall Street Journal that he had absconded with the funds...and disappeared...LOL.  We laughed.  A

Oct 25, 2021 01:26 PM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

One of the things I've always enjoyed about real estate is the constant flow of personalities, challenges, and circumstances that prevail in our profession.  Add to it that real estate is cyclic and your words about working hard in summer so you can brag in winter, are especially true!

Oct 26, 2021 02:13 AM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

CONGRATULATIONS Thomas, on having this blog FEATURED in the Old Farts Club group!  

Oct 26, 2021 02:14 AM
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
CEO of Vision Drive Realty - Coastal San Diego

Thanks Grant Schneider yes, agent selection these days is more important than ever. Thank you for popping by my post. 😃👍

Oct 26, 2021 04:16 AM
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
CEO of Vision Drive Realty - Coastal San Diego

Will Hamm Thank you for popping by my post. 😃👍

Oct 26, 2021 04:17 AM
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
CEO of Vision Drive Realty - Coastal San Diego

I love the Gong Show reference Michael Jacobs yes indeed! Thank you for popping by my post. 😃👍

Oct 26, 2021 04:19 AM
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
CEO of Vision Drive Realty - Coastal San Diego

So trure Ed Silva - Thank you for popping by my post. 😃👍

Oct 26, 2021 04:19 AM
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
CEO of Vision Drive Realty - Coastal San Diego

Anna Banana Kruchten CRS, CRB, Phoenix Broker I couldn't agree more. I do marvel at how some of these agents ever get hired, let alone into an escrow they actually close. 

Thank you for popping by my post. 😃👍

Oct 26, 2021 04:20 AM
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
CEO of Vision Drive Realty - Coastal San Diego

Ron and Alexandra Seigel what a story! Wow! 

Yes, I'd imagine Commercial Real Estate would be less dramatic than Residential.

It seems the barrier of entry is lower for Residential Real Estate - unfortunately.

Thank you for popping by my post. 😃👍

Oct 26, 2021 04:25 AM
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
CEO of Vision Drive Realty - Coastal San Diego

Oh wow! Myrl Jeffcoat I'm honored to be featured by you and yes, it is an interesting cyclical business, full of characters and experiences for certain! Thank you for popping by my post. 😃👍

Oct 26, 2021 04:26 AM
Brian England
Ambrose Realty Management LLC - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

I don't like to brag but I definitely work hard year-round whether I have a lot of business or not.

Oct 26, 2021 05:20 AM