Special offer

There's No Consolation Prize In Real Estate!

By
Real Estate Agent with Transaction Alliance 513.520.5305 www.LizTour.com SAL.2002007747

blue ribbonThere's No Consolation Prize In Real Estate!

Buying or selling your home is a full contact sport!  And unlike kiddie sports where everyone gets a trophy or ribbon, real estate is for the big girls and boys and coming close just makes you the "first loser".  Yes, we know that's kind of harsh, but so is the reality of this competition, and don't be lulled into thinking it's some easy going market out there.

You like your neighbors (maybe) and they like you (maybe), but when it comes to both of you selling your homes, the gloves are typically off.  Both of you have the same goal:  TO BE THE NEXT HOME WITH A SOLD SIGN IN THE YARD!  The sellers that best understand the market's demands for Location, Price and Condition and hire the best REALTOR® to Market those advantages is going to win the race to the closing table. 

And for buyers, understand that you too are competing, and coming in
Home Sweet Home second means you still don't own a home you wanted.  Other buyers are going to like the same things you do, and the first buyer that understands that the buyers DON'T totally own the market and brings an offer that is deemed fair by the seller is the one who gets to hang the "Home Sweet Home" sign in the living room!

And for us as agents, 2nd place doesn't pay our bills.  NOT winning the competition for a listing means we lose the opportunity to (short term) earn that commission check and (long term) earn the seller's recommendations to their family and friends.  And if our buyers keep coming in 2nd (or worse), sooner or later they're probably going to think it's us and not them that's the problem.

So you can see, we all have incentive to be the first to break the tape at the finish line.  You want to sell or you want to buy & we want to help you accomplish that goal.  That's the definition of success in this business:  the exchange of ownership of property, everything else is just an also-ran!

Serving Warren County's residential real estate needs,
Liz and Bill aka BLiz

Posted by

Serving Warren County Ohio & Adjacent Areas

The Liz Spear Team of Transaction Alliance
Elizabeth Spear, ABR, Ohio License SAL.2002007747

William (Bill) Spear, Ohio License SAL.2004011109  Kentucky 77938
Ask for us by name if you visit the office!

EHO
Bill Direct:  513-520-5305
Liz Direct: 513-265-3004     
Fax: 866-302-8418

MailTo:  Liz@LizSpear.com

Search Homes:  Https://WarrenCountyOhioRealEstate.com

 FacebookWordpressYouTube Pinterest

 

 

 

 

OUR PRIMARY SERVICE AREA:


Comments(66)

Liz and Bill Spear
Transaction Alliance 513.520.5305 www.LizTour.com - Mason, OH
Transaction Alliance Cincinnati & Dayton suburbs

Help me Tom Cruise!!! :)

We'll be on the competition like a spider monkey!!!!

Apr 03, 2012 01:25 AM
John DL Arendsen
CREST "BACKYARD' HOMES, ON THE LEVEL General & Manufactured Home Contractor, TAG Real Estate Sales & Investments - Leucadia, CA
Crest Backyard Homes "ADU" dealer & RE Developer

Great parables!

Apr 03, 2012 02:09 AM
Liz and Bill Spear
Transaction Alliance 513.520.5305 www.LizTour.com - Mason, OH
Transaction Alliance Cincinnati & Dayton suburbs

John, Thanks!

Apr 03, 2012 02:26 AM
Gloria Matthews
Principal Property Brokers - Vancouver, WA
MAKING CLARK COUNTY HOME

love it!   What a terrific way to express to buyers and sellers that they are in a competition.  No sitting on the sidelines, first string players only.

Apr 03, 2012 03:09 AM
Liz and Bill Spear
Transaction Alliance 513.520.5305 www.LizTour.com - Mason, OH
Transaction Alliance Cincinnati & Dayton suburbs

Gloria, This certainly isn't the place for the sidelines.  We're either in the game, or out, but there's no halfway.

Apr 03, 2012 03:16 AM
Brenda, Ron, Lee Cunningham & Tara Keator
West USA Realty - Phoenix, AZ
Realtors, Homes for Sale - Phoenix Metro

Well put.  We all have the same goal in mind and we all deffinitely want to win!

Apr 03, 2012 03:37 AM
Liz and Bill Spear
Transaction Alliance 513.520.5305 www.LizTour.com - Mason, OH
Transaction Alliance Cincinnati & Dayton suburbs

Brenda & Ron, It's the proverbial win-win when we get our clients what they want.

Apr 03, 2012 04:04 AM
Bob Miller
Keller Williams Cornerstone Realty - Ocala, FL
The Ocala Dream Team

Hi Liz and Bill, great post and analogy to sports.  You are 100% correct!

Apr 03, 2012 04:50 AM
Liz and Bill Spear
Transaction Alliance 513.520.5305 www.LizTour.com - Mason, OH
Transaction Alliance Cincinnati & Dayton suburbs

Bob, We've got to give it our best to succeed. This market isn't tolerant of half efforts by anyone involved.

Apr 03, 2012 04:52 AM
Ben Yost - 303-587-4297
First Time Home Buyer, Mortgage Rates, Pre-Approval - Denver, CO
FHA, VA, Conventional - Mortgage Loans in De

"The Coffee is for Closers"!

Great Post! Love the go for it attitude!

Apr 03, 2012 05:51 AM
Liz and Bill Spear
Transaction Alliance 513.520.5305 www.LizTour.com - Mason, OH
Transaction Alliance Cincinnati & Dayton suburbs

Ben, It's the only way to go isn't it? :)

Apr 03, 2012 06:06 AM
Kimo Jarrett
Cyber Properties - Huntington Beach, CA
Pro Lifestyle Solutions

In this business, it takes more than a Realtor to close a deal, so if your team isn't performing, you lose regardless of the team leader, so while you're perspective is challenging, placing the performance on one individual isn't reality, isn't it?

Apr 03, 2012 07:18 AM
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Liz and Bill,

Thanks for the reminder of the harsh reality of being in second place.  it seems that I spend a lot of time in second place on the way to those successful buys, generally I just shake it off with the knowledge that I did not pay too much or sell for too little.

Apr 03, 2012 08:09 AM
Liz and Bill Spear
Transaction Alliance 513.520.5305 www.LizTour.com - Mason, OH
Transaction Alliance Cincinnati & Dayton suburbs

Kimo, We chose to focus on the primary players in the deal, the agents, buyers and sellers.  If we don't do our jobs to create a contract, the loan officer, inspector, title company, etc. don't have anything to do but wait.  If any one of the primary three/four parties depending on how you look at it drop the ball, nothing happens at all.

Bob, And sometimes it actually is good to be 2nd.  If someone else is willing to overpay and you're well aware that they are, best to let them have it and move to option 2.

Apr 03, 2012 08:15 AM
Gene Riemenschneider
Home Point Real Estate - Brentwood, CA
Turning Houses into Homes

This market is a challenge.  Getting into escrow is tough.  You better pay attention to your REALTOR.

Apr 03, 2012 08:48 AM
Liz and Bill Spear
Transaction Alliance 513.520.5305 www.LizTour.com - Mason, OH
Transaction Alliance Cincinnati & Dayton suburbs

Gene, For sure.  That selection can be the path to success or the path to frustration.

Apr 03, 2012 11:08 AM
Debby Singleton
Springer Realty Group - Limerick, PA
Top Producer since 1993

Great analogy!

Apr 03, 2012 12:30 PM
Liz and Bill Spear
Transaction Alliance 513.520.5305 www.LizTour.com - Mason, OH
Transaction Alliance Cincinnati & Dayton suburbs

Debby, Thanks!

Apr 03, 2012 12:35 PM
Anonymous
Anonymous

Nothing like hitting the tape first in a race.  thanks for sharing with us.

Apr 04, 2012 07:48 AM
#66
Liz and Bill Spear
Transaction Alliance 513.520.5305 www.LizTour.com - Mason, OH
Transaction Alliance Cincinnati & Dayton suburbs

#66, It's certainly a better feeling then looking at someone's backside ahead of you!

Apr 04, 2012 08:36 AM