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How to weather the current real estate storm...a life lesson for us all .

By
Real Estate Agent with Keller Wiliams -Citywide
Well.. .gone are the golden days of real estate.. you know, the last few years when we all made incredible sales and life was ... hmmm.. groovy? 

I have the extreme pleasure of being married to a residential architect.. and this is not the first time in our lives we've had to adjust to the winds of the economy. I've learned to roll with the punches and take each day as it comes. These times provide  a new opportunity to be better at what you do.


Every day I meet agents who  have never experienced a major economic shift like we are seeing right now. They are struggling to make it- and many have gone back to prior industries that offer benefits, a regular paycheck and stability. It's a natural event when you work in an economically based industry - and it does  weed out those who are opportunistic vs. those who chose to make this their profession. 

But what about the rest of us?
When times get rough- we should learn to use this to our benefit. As my accountant  ( ah.. the sage man that he is) always  reminds me " Take this time to work on your short game". 

We have such a hard time allowing ourselves to take a break from the adrenalin. So many of us live in a constant state of realtor crisis- a condition that I find common among our ranks. 

So what should  we do when the business is a bit  off ?  It's a great opportunity to reevaluate your marketing methods, work on your database, take classes you've been meaning to get to and most of all- stay focused on the things that will help you get through this. 

It's a great time to have workshops with your co workers, invite agent friends from other companies to lunch and to  touch base with your past clients who might wonder how this market is playing out. 

It's also a great time to focus on your  own home and family- both areas that can use more attention than they often get when we are busy. I laugh to myself at home inspections  when I think  about how my own house would fare should I be the seller! Don't I need that faucet repaired? Did I ever change the filter in the attic HVAC unit?  And.. how about your kids? Did you ever take them on that hike you promised or did your open house have to come first?  How about that visit tto the newest vineyard with your spouse or just a day of relaxation and laughter with your friends and family. 
 
If you've covered all of the above- there are plenty of volunteering opportunities you can take part in and believe me-  here in Arlington Virginia where I live- there are many groups that could use your help. 


Learning to use the hard times to be better at what you do, who you are and what you give - seems like it would be common sense, but it isn't. 
Good things can come from looking inside  and reorganizing your  'house'. 
We spend hours helping our sellers ' get ready' for the market by house cleaning, organizing and getting prepared. 

So remember- it's the perfect time to do that  both professionally and personally. 

We'll all survive this shift- by focusing on the positive things we can do that generate good energy.

As a collective group- we need to send that energy  back out into the market place. Thinking gloom and doom and woe is me-  will only help it to form roots  ain our collective consciousness. 
Let's try and look for all the good things we have and what we can do over the next few months  and shift the power we hold as agents.

Call me crazy- but if you tell people things are bad- they believe it! The newspapers continue to discourage sellers and encourage buyers ( and some agents) behave badly.

Well.. I'm not going there and hope you aren't either. 


Anyhow... thanks for stopping by... but I've got to go now. 

This afternoon  I'm  working on my short game.......Warmest  regard, Kathy


Posted by
Kathleen LoGiodice Fong
Keller Williams | Citywide Realty
2101 Wilson Blvd. | Suite 100 | Arlington, VA 22201
VA: 703.538.2134 | DC/MD: 202.642.3664
www.nationscapitalhomes.com 
www.movesmetrodc.com 

The strength of experience...the reputation for results.




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