My friend, Monica, who I visited in New York last week, went on a rant about Obama’s flip-flopping.  And, yes the man sometimes changes his mind.  But is that a really bad thing?

I thought about some of my flip-flops. 

I listed a house recently that I told the sellers I thought I could sell for $859,000.  That’s what I thought the comparables showed when I did the market analysis.  Given the information I had at the time, $859,000 looked like the magic number.  But then the comps changes, and I did a flip-flop.  We needed to lower the price to $795,000 based on some new sales and listing information.  Would it have been better to stick to my original position?  No.  Flip-flop was the way to go here.

Then, when I got married (both times), I took a vow that said I’d stay married to the guy for better or worse ‘til death do we part.  And both times, yes, I flip flopped. 

My first husband was a lovely man, and we will be friends for life, and we could have gritted our teeth and stayed together until one of us died, but instead we re-created our relationship from that of mismatched spouses to great friends.

The second husband was a lovely man who was a “recovering” alcoholic, and it was a pretty good marriage until one night, after a really hard day at work, he had a beer.  After that, I had to decide between my own personal safety and my commitment to the marriage.  And when I issued a “Sweetie, it’s Betty Ford or out of here,” he did not choose Betty Ford.  So I did another flip-flop. 

Presidents face totally tough decisions every day.  And if we have a choice between a president who is (1) totally rigid, and might act on incomplete or erroneous information and never change direction, or (2) one who has the flexibility to acknowledge making an error and changing direction when he’s made a bad decision, I would vote for Candidate Number 2.  

So I, for one, do not think that a flip-flop is necessarily a bad thing.  If it’s part of a pander thing, that is bad.  If it is a position that is changed as a result of new input and thoughtful consideration, I’d prefer that to dogged rigidity.

 
Post is included in group: Politics And Real Estate

19 Comments on Flip-Flopping! Is It Really A Bad Thing In Real Estate, Life or Politics?

JUL
11
2008
644,868 Points 104 Featured Posts Localism Sponsor Outside Blog Hit Router

Patricia- There is flip flopping and there is conviction and principles. Principles never change. Principles establish values. God does not flip flop. There is right and there is wrong. There are certain things that you are made of that when you flip flop on those, you are not in control of your own being and therefor I can not trust a person I do not know who he really is. Flip flopping for votes is compromising principles, that is if there are any. I don't know many attorneys who are not flip floppers, they are taught to in law school to speak out of both sides of their mouths, my brother has so much fun with that one! He is a very good attorney but he is not true to his values and principles. Of course, you are still my dear friend:)

12:17am • #1
396,036 Points 15 Featured Posts Outside Blog

Patricia:  We are just finishing eight very long years of "dogged rigidity..." and I, for one, have had enough.  A person who is so fearful of being accused of "flip-flopping" that they stand firm... stamping their feet all the time... that they are right... even when there are so many signs that a major change is needed.  Give me a person who, after reasonable input is received, is not afraid to re-evaluate their positions on things.  Thanks for sharing.

12:25am • #2
690,995 Points 72 Featured Posts Localism Sponsor Outside Blog

Katerina, funny thing about lawyers - most presidents and Members of Congress are, guess what?????  Lawyers!  And maybe not as principled as your brother!

And Karen Anne, things change and oftenthe informaiton the decision makers have in front of them is flawed.

 

12:31am • #3
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Karen Anne- Funny thing, it is alright for Obama to flip flop, that is called re-evaluating his position. However when Romney was running, the dems accused him of flip flopping and that was bad. Hmmm, funny how the same thing is accepted for their own side but not for another:)

12:35am • #4
690,995 Points 72 Featured Posts Localism Sponsor Outside Blog

Katerina, I liked Romney, and I was surprixed that he didn't defend himself. 

1:01am • #5
586,658 Points 63 Featured Posts Outside Blog

Patricia, flip flop like the word liberal has become a bad term. What if we said they were flexible? In your cases with the home price or the marriages, doesn't flexible make you seem more like the saint? You don't want to say commitment and principles are not important, but hey, things can and do change. You're picking up on some very good subtle points here. Am I rubbing off on you like you rubbing off on me?? You're getting a little deep on me ; )

1:09am • #6
105,310 Points 12 Featured Posts

Katerina - Seems to me the God presented in the old testament did a flip flop and sent his son in for act two.

Patricia - It would be quite refreshing to have an active thinking woman or man in the white house. If we are going down in flames because of plan A, dear God let us have a leader that will look into plan B,

 

5:32am • #7
1 Featured Post

I'd much prefer an open mind that is receptive to new information, new ways to approach a situation than a closed minded person who "knows" that he's right despite all the evidence.

Sadly politics is about power, money and getting elected, not about what is good/right/decent.

6:03am • #8
156,238 Points 18 Featured Posts Localism Sponsor Outside Blog

Pat, Sorry I missed you last weekend. 

Flip flops are really popular in the Hamptons this summer. Everyone is wearing them. lol

McCain has gone from a liberal to moderate to right wing conservative.. flip flopping or pandering?

 

6:47am • #9
224,544 Points 26 Featured Posts Localism Sponsor Outside Blog

Pat - I'm on the fence about our candidates. I think a lot of my decision will be based on who they pick for running mates. You do have a good point about flip-flopping and needing a president who is flexible! When it comes to politics I'm sometimes clueless. is there a book called "Picking Presidential Candidates For Dummies"?  

10:40am • #10
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Carol- I make my choice based on my values. I am against partial term abortion and full term abortion and will can not with my moral compass vote for any person that would vote that is not in align with my values. I also will not ever vote for socialism or any thing that is similar. I am a capitalist and proud to be one. Even Communist China has embraced capitalism and is getting rid of socialism and communism because it does not work as an economic model. Since Congress has the power,  I say we go and fire them all! Every single one of them. They would rather vote and debate over giving themselves an extra day off than to work for us. IT is time to start from scratch. Vote your conscience.

11:00am • #11
132,743 Points 10 Featured Posts Outside Blog

It's called being FLEXIBLE.  Things change - we've certainly seen tons of changes in this market this year week... with Fannie flopping... we might have to flip flop on how we do loans... AGAIN!

2:26pm • #12
117,183 Points 6 Featured Posts Localism Sponsor

It's really the media that zeros in on changes in position.  They thrive on "gotcha" and God (old or new Testament) help you if you get caught saying the wrong thing at the wrong time. It seems like no one can be "real people" anymore.

Tow bad about husband #2. He mighta liked Betty Ford.

3:38pm • #13
393,932 Points 1 Featured Post Localism Sponsor Outside Blog

Reevaluation with new information is OK but changing your mind with the same information makes me think you are saying what the audience in front of you wants to hear and we really don't have a clue what you will do when placed in a position of power.

4:38pm • #14
1 Featured Post

Pat -- this is something that I've thought about a lot lately, too. I know that the candidates have their basic principles -- and these are for the most part what we base our decisions to elect them upon. Then, there are their actions, which should support their principles, and therefore represent the wishes of their constituents. But, like you and others said above, what about when new information comes to light to change a decision? As long as the principles remain the same, then changing a decision doesn't seem a bad thing. To carry on the religious analogy others have raised, there can be a new covenant without having to revoke the concept of Christianity. So, certainly a Democrat or Republican can adjust their position with new information as long as they adhere to their party's inherent principles. And, a realtor can change their mind as long as they are true to their fiduciary and ethical responsibilities to their clients. Just my two cents.

4:46pm • #15

Very interesting thoughts.  I think we have a tendency to be more understanding of the people we support when they change their minds than those we don't.

10:14pm • #16
JUL
12
2008
351,729 Points 11 Featured Posts Localism Sponsor Outside Blog

Pat, this is the very best explanation of how we all flip-flop through life.  We have to change our minds about things from time to time.  Great post!  One of your best!

4:46pm • #17
JUL
21
2008
219,563 Points 1 Featured Post

Pat - I have to agree that changing your mind is not necessarily flip-flopping!

12:47pm • #18
JUL
22
2008
192,560 Points 4 Featured Posts Outside Blog

I believe that as one learns and grows, it is necessary to modify and sometimes even change one's mind completely. That's what growth and the pursuit of knowledge is all about.

However - "flip-flopping" has a negative conotation when applied to politicians who "change their views" to suite their political agendas.

9:29am • #19

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Patricia Kennedy

Washington, DC

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Evers & Company Realtors

Address: 4400 Jenifer Street NW, Washington, DC 20015

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Pat Kennedy -- author of The Irreverent Guide to Real Estate -- gives you a look at life on the streets as a real estate broker in our nation's capital. And her blog is peppered with great advice combined with humor!


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