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Measure Twice, Cut Once! - Things My Father Taught Me, Part I

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Real Estate Agent with Huntington Beach, Newport Beach, Seal Beach, Irvine REALTOR

Measure Twice, Cut Once! - Things My Father Taught Me, Part I

When I was a boy, I used to watch my father on weekends at his work bench in our garage. I always wanted to help, and as I got older, he let me. Nothing dangerous, but I got pretty good with a hammer and nails. Eventually, in my early teens, I was actually pretty handy and could build just about anything.

Would you buy my creations from Crate and Barrel? Probably not. But I still have some book shelves and an entertainment center that I built over 20 years ago. And guess what? They are in almost the exact same condition! My dad taught me a lot about the type of materials you use for certain projects, and that building something sturdy can't be rushed. All good lessons that I'm just now starting to fully understand.

But maybe the most important lesson that came from these little building sessions was the idea to "Measure twice, but cut once". Seems obvious enough, right? But you'd be surprised how many people cut, and cut, and cut.... and cut! Still not perfect, but close enough. Well that's not how I was taught, and I now understand why.

"Touching story, Rob, but how does this relate to real estate", you're wondering. SIMPLE!

I was speaking with another Realtor the other day who was complaining that they had to take their clients back for a second viewing. COMPLAINING about a second viewing! I had so many problems with this statement that I didn't know where to begin. So I think I said, "yeah, bummer"... or something to that effect.

Let me tell you why this was not only something NOT to complain about, but instead, something to celebrate!

1) In my personal experience, most of the time when a buyer wants a second or even third viewing, they are seriously considering writing an offer, and more often than not, WILL WRITE AN OFFER.

2) These are smart buyers! They're not thinking about flipping this property. They're looking at this as a long term investment, which they should, and seeing it again will help answer questions they've thought of since the 1st viewing.

3) Unless the property is 2 hours away, how is this any different from showing them a different property? Only this property, you know they're actually interested in.

I know some of you will bring up commissions, and yes, we do work on commission. The commission comes from selling homes, and this buyer is obviously a serious buyer, hence, you've just increased your chance of getting a commission. All true, but not really the point of the story (thanks though :-)

These buyers are measuring twice, and you should encourage it. They need your help so that they only have to cut once. Don't worry, it's unlikely that this is the last home they'll buy. Maybe you'll be fortunate enough to help them "cut" again some day.

 

Posted by

Rob Magnotta ~ http://www.servinghuntingtonbeach.com

714.330.9558 direct

Huntington Beach Short Sale Specialist Huntington Harbour Homes     Huntington Beach Short Sale Specialist Huntington Harbour Homes     Huntington Beach Short Sale Specialist Huntington Harbour Homes     Huntington Beach Short Sale Specialist Huntington Harbour Homes     Huntington Beach Short Sale Specialist Huntington Harbour Homes     Huntington Beach Short Sale Agent & Huntington Harbour Homes Top Realtor                      Green Realtor Orange County Homes Green Real Estate Agent     Huntington Beach REO Broker Orange County Homes REO Top Agent     Huntington Beach REO Broker Orange County Homes REO Top Agent

Tim Bradley
Contour Investment Properties - Jackson Hole, WY
Commercial Real Estate Expert in Jackson Hole, WY

I'm delighted when they want to look a second time! Means things look good...

Feb 12, 2011 11:05 AM
Rob Magnotta
Huntington Beach, Newport Beach, Seal Beach, Irvine REALTOR - Huntington Beach, CA
Huntington Beach & Newport Beach Coastal Specialist

Georgina - Having a great weekend! 75 degrees and not a cloud in the sky. Perfect day to show property!

James - Agreed!

Feb 12, 2011 11:07 AM
Stacey Smith
Keller Williams Realty - Aliso Viejo, CA
Your Orange County Beach Cities Realtor

It is a sure sign that they are serious when they are requesting to see the house again. Great blog Rob.

Feb 12, 2011 11:47 AM
Rob Magnotta
Huntington Beach, Newport Beach, Seal Beach, Irvine REALTOR - Huntington Beach, CA
Huntington Beach & Newport Beach Coastal Specialist

Hey Stacey, long time no talk! Thanks for the nice comments. Completely agree.

Feb 12, 2011 11:53 AM
Karen Fiddler, Broker/Owner
Karen Parsons-Fiddler, Broker 949-510-2395 - Mission Viejo, CA
Orange County & Lake Arrowhead, CA (949)510-2395

Ok....so I just went back to see the comment and see the link you were talking about. Guess I commented and ran :).

I hit the suggest on this...even though it's an older post. I love the metaphor and agree with your analysis of the second showing....sheesh. Imagine not wanting that serious enough of a buyer in the car.

Feb 28, 2011 03:24 AM
Christine Donovan
Donovan Blatt Realty - Costa Mesa, CA
Broker/Attorney 714-319-9751 DRE01267479 - Costa M

Rob -  It makes sense to me.  Few buyers want to buy without seeing the house a second time.

Feb 28, 2011 04:31 PM
Bob Stewart
ActiveRain - Seattle, WA
ActiveRain Ambassador

I think there are two possible reasons why someone would have this mentality. The first reason would be a shame for their client, the second reason would be a shame for the agent.

Reason #1: This agent cares more about their commission than they do about their client. Not uncommon, but it leaves you wondering if they have their clients best interests at heart. I mean, how could they with a statement like that?

Reason #2: This agent is BURNED OUT! This business can be tough, I don't have to tell anyone reading this that fact. When we get burned out, we act and say things that we don't really mean, giving little thought to the impression left by how we acted.

I think you should email this post to them. If nothing else, maybe they will realize that they are in fact fortunate to even have a client that is interested in a second showing. And if they are burned out, maybe it will help them realize that it's starting to take a toll on their outlook, which will no doubt have negative consequences on the actions they continue to take.......

Great post Rob! Thanks for suggesting it Karen.

Mar 01, 2011 05:19 AM
Dennis Duvernay Broker/Owner
Hillview Realty - Northbridge, MA

I wish all my buyers were requesting second showings....better than 10 single showings and no offers....second showings at least mean some serious interest....good post.

Mar 01, 2011 05:43 AM
Anthony Daniels
Coldwell Banker - San Francisco, CA
SF Bay Area REO Specialist

Rob-

Our industry will always have lazy agents that are just interested in making a quick buck without lifting a finger.  I too would celebrate a 2nd viewing with a client.  It is just another step in the right direction.

Good stuff, thanks for sharing it.

Mar 01, 2011 05:53 AM
Deepak Chauhan Asso-Broker, MLO
Versailles Property - Irvine, CA
Your Solution-Oriented Realtor

Second showing is a valid point, I always insist the buyers to take a second look, it reduces the possibility of getting out of the deal half way!

Mar 01, 2011 06:20 AM
Bill Gillhespy
16 Sunview Blvd - Fort Myers Beach, FL
Fort Myers Beach Realtor, Fort Myers Beach Agent - Homes & Condos

Hi Rob,  I think your analogy is perfect.  And an agent who complains about a second showing just doesn't get it.   Well done.

Mar 01, 2011 06:32 AM
Chris and Berna Sloan
Group 1 Real Estate - Tooele, UT
Tooele UT

Great post! LOVE second showings!

Mar 01, 2011 08:29 AM
Gary Woltal
Keller Williams Realty - Flower Mound, TX
Assoc. Broker Realtor SFR Dallas Ft. Worth

Rob, multiple showings does show interest but they can get overly picky with silly flaws they find that they make mountains out of mole hills so it is a tricky area too.

Mar 01, 2011 08:36 AM
Chris "The Loan Ranger" McBrearty, NMLS 274079
Fairway Independent Mortgage, DBO/CRMLA #41DBO-78367, NMLS #2289 - Rancho Bernardo, CA
FHA, VA, USDA, Loan Officer and Educator

Bring it Brother! BRING IT! That's the Huntington Beach backyard growl style right there! HBHC Rob! Roll hard!

Congratulations on the featured post.

Mar 01, 2011 09:38 AM
Rob Magnotta
Huntington Beach, Newport Beach, Seal Beach, Irvine REALTOR - Huntington Beach, CA
Huntington Beach & Newport Beach Coastal Specialist

Hey Chris! I had no idea this got featured! When did that happen? Thanks for the kind words!

Mar 01, 2011 10:25 AM
Kevin Kueneke
Caliber Home Loans - Encinitas, CA
San Diego Mortgage Banker

Rob, point #3 - Unless the property is 2 hours away, how is this any different from showing them a different property? Only this property, you know they're actually interested in.

That says it all.

Mar 01, 2011 11:51 AM
Karen Fiddler, Broker/Owner
Karen Parsons-Fiddler, Broker 949-510-2395 - Mission Viejo, CA
Orange County & Lake Arrowhead, CA (949)510-2395

It happened because I suggested it....goofball

Mar 01, 2011 12:40 PM
Mike Kozlow
Mike Kozlow Real Estate - Lakewood Ranch, FL
Broker

Your post really brought back memories of working with my father building a rec room when all my buddies were playing ball. 25 years later I was building rec rooms for my buddies.

I showed a couple 75 condos over 8 months - one of them three times. They bought that one for $1.3 million cash, no contingencies.

During that time I got to see 72 properties at a price point I usually don't see. I met listing agents who became great contacts. I learned about properties outside of my niche. I don't think I wasted a minute.

Tomorrow I have two second showings in the $2 million plus range. They are measuring and I have a tape with me.

As Bob Hope said, "Thanks for the memories"

Mar 01, 2011 12:43 PM
Mel Ahrens, MBA, Kelly Right Real Estate
Kelly Right Real Estate - Hood River, OR
Customized Choices for your Real Estate Needs

I totally agree... a second visit is a great sign. I've even seen folks come back with their parents, their decorator etc.

Gretchen

Mar 01, 2011 02:02 PM
Rob Magnotta
Huntington Beach, Newport Beach, Seal Beach, Irvine REALTOR - Huntington Beach, CA
Huntington Beach & Newport Beach Coastal Specialist

Hi Mike,

You're welcome! It brought back memories for me too. Time seems to change many things, doesn't it?

Mar 04, 2011 06:14 AM