Fear Factor

By
Real Estate Agent with Keller Williams Realty 0575737

Fear FactorIn looking at buyer's remorse, a common phase in the real estate purchasing process where for a brief moment of time, the buyer has doubts about what they are doing, it made me think of that show Fear Factor. You know, that's the one where the contestants are constantly asked to perform more and more challenging frightening assignments to be the last one standing and win the grand prize.

In life there are many things that can frighten us and I must add rightfully so. But we are implored in life to fear not. Easier said than done.

Just think in the employment world how a boss can hold a performance standard or sales number over your head, OR ELSE, you're fired!! Kind of affects your family's security. What about in the self-employment world? Don't make enough money, you don't eat, feed the family, and make those mortgage payments.

So fear can be real and IS real. You have to work through it. Talk with others what you are going through and what I've found when it just gets overwhelming at times

                    LAUGH ABOUT IT

If you don't think laughing about it can help, then take a quick gander at the clip below. Laughter which is a universal feeling among all cultures as is a smile, serves to break the tension. It lets each of us know we are in this together. All at times feel the fear. But you'll get through it. Just hang on for the ride.

 

 

Mr. Delaney's Office

 

 

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Ambassador
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Gary Woltal
Keller Williams Realty - Flower Mound, TX
Assoc. Broker Realtor SFR Dallas Ft. Worth
Bonnie: Getting up in front of people they say is more frightening than fear of dying. Let me know how it goes. I'm sure once you get started everything will be fine. We're all pulling for you. Think of all those workers in that video afraid of the boss and when he's away, hey, the pressure's off!!
Mar 28, 2008 04:31 PM #21
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Mike Jones
SUNSTREET MORTGAGE, LLC (BK-0907366, NMLS 145171) - Tucson, AZ
Mike Jones NMLS 223495

Gary,

Where in the world did you get that photo?  Amazing, and not just for the alligators.  Imagine the pain associated with all those square inches of tatoo!

Mike in Tucson

Mar 28, 2008 05:20 PM #22
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Gary Woltal
Keller Williams Realty - Flower Mound, TX
Assoc. Broker Realtor SFR Dallas Ft. Worth
Mike: I have never understood the allure of tattoos, especially as you point out the pain to engrave them in your skin. But different strokes, my man.... the photo was a snapshot from an episode on the show.
Mar 28, 2008 05:26 PM #23
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Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher
Gary, Thanks for the Laugh out Loud to find this morning!  We are sometimes so ready to cave it all in, aren't we?  Love the laughing, it can get you through anything.
Mar 29, 2008 01:34 AM #24
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Charlie Ragonesi
AllMountainRealty.com - Big Canoe, GA
Homes - Big Canoe, Jasper, North Georgia Pros
Love the p9ost and the vidwo thanks for the chuckle
Mar 29, 2008 02:02 AM #25
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Mary Luz-Johnsen
Concierge Notary Services, LLC - Cape Coral, FL
I have been selling a great product to investors. But, the smaller or first time investors I have to explain that the fear of investing is worth it.  Real Estate, as we all know is a great way to achieve wealth.  If you can Invest for less than $20,000 and generate a positive cash flow, then take the fear, learn from it, and keep investing.
Mar 29, 2008 02:06 AM #26
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Laurie Logan
Keller Williams Realty, Inc., Broker Associate - Madison, WI
South Central WI Real Estate

Fear is normal, buyer's remorse is normal.  I let my clients know to expect it and be comforted by it.  Then they can back up and truly assess what is occurring: is this just a normal gut check to overcome?  or, is this a serious red flag that we need to address?

Great Post, great photo, great video, Thanks!

Mar 29, 2008 02:14 AM #27
Rainmaker
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Karen Otto
Home Star Staging - Plano, TX
Plano Home Staging, Dallas Home Staging, www.homes

Hi Gary, great analogy. I learned from someone a good way to look at the word F E A R.

F alse

Expectations

Appearing

Real

It is a mind set and we can overcome it. I truly believe in FAITH too and when that " fear factor feeling " isn't there, then I know it must be the right decision or course of action I'm taking. A true sense of calm takes over and it's described as "the peace which transcends all understanding".

Congrats on the featured post! Have a great weekend!

Mar 29, 2008 02:15 AM #28
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Lizette Fitzpatrick
Lizette Realty - Richmond KY - Lexington, KY
Lizette Realty, Lexington KY MLS - Kentucky Homes
That was me yesterday! I know the feeling well. I thought I would totally freak out after I answered a phone call in the middle of writing an offer for a new client. I had to somehow hold it all together, act like nothing was terribly wrong, focus on what I was doing and write the offer. Later out in my car, alone, I had to figure out what to do. Our business is an emotional rollercoster from Hell sometimes!
Mar 29, 2008 02:21 AM #29
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Norma Toering Broker for Palos Verdes and Beach Cities
Charlemagne International Properties - Rancho Palos Verdes, CA
Palos Verdes Luxury Homes in L.A.

It takes courage to overcome fear, and I think we can help our clients get past buyer's remorse by telling them to expect it.  I also like to share some funny remorse stories with them.  Laughter really is an effective cure! 

Mar 29, 2008 02:44 AM #30
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Tom Davis
Harrington ERA,DE Homes For Sale, $$ Save $$ Buy Today ! - Dover, DE
FREE Delaware Homes Search!, $$ Save $$ - Find Homes! Delaware Realtor
Wow those aligators really would give me a scare! I guess I'm chicken :) Tom Davis Realtor - Delaware
Mar 29, 2008 02:45 AM #31
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Marzena Melby
Coldwell Banker Burnet Realty - Richfield, MN
Realtor, Twin Cities Minnesota Real Estate

Gary - Different people have different tolerance levels for fear. Some are able to face it and work through it, others can't.  For me it's a matter of examining the risk level, possible outcomes and consequences.

I loved the video. Great post! 

Mar 29, 2008 03:43 AM #32
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Gary Woltal
Keller Williams Realty - Flower Mound, TX
Assoc. Broker Realtor SFR Dallas Ft. Worth

Carole: Laughing sure does break up the mood doesn't it?

Charlie: You're welcome.

Mary: The first step is always the hardest.

Laurie: Yep, buyer's remorse is a phase. It is a big investment.

Karen: You are right, faith conquers fear.

Lizette: Sounds like you are a master at getting through the fear.

Norma: Sharing our experiences definitely can put others at ease.

Tom: If the little reptiles starting nipping that would not be fun.

Mar 29, 2008 03:43 AM #33
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Laura Monroe
Inman News - San Francisco, CA
Dir. of Industry Engagement & Social Media
Gary~ What a great reminder, and I know how many times I have been there! I'm all for laughing through it though!
Mar 29, 2008 04:38 AM #34
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Gary Woltal
Keller Williams Realty - Flower Mound, TX
Assoc. Broker Realtor SFR Dallas Ft. Worth

Marzena: Looking at the risk levels I agree would probably let you know whether you would try something or not.

Laura: Laughter is such a relief sometimes.

Mar 29, 2008 05:14 AM #35
Anonymous
Anonymous
Nice post!  We all have the fear factor from time to time.  Fortunately, I've been around long enough not to fear anything in this business and I am able to reassure my clients, always!  Laughter is truly the best outlet!
Mar 29, 2008 05:47 AM #36
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Bill Kennedy
Keller Williams Realty - Greenville, SC
Homes For Sale Greenville SC

Great post.  In eleven years of law enforcement, I never experienced the uneasiness of some of the situations I have dealt with as an agent!

Keep it up!

Mar 29, 2008 10:16 AM #38
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Wayne B. Pruner
Oregon First - Tigard, OR
Tigard Oregon Homes for Sale, Realtor, GRI
I liked the video. Most fear in real estate is based on making a decision and having to take action. Having all available information does help in quelling fears.
Mar 29, 2008 03:45 PM #39
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Christy Powers
Keller Williams Coastal Area Partners - Pooler, GA
Pooler, Savannah Real Estate Agent
I liked Fear Factor. I would have no problems with the stunts. But there is no amount if money in the world that could get me to eat anything they had to offer.
Mar 29, 2008 04:40 PM #40
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Gary Woltal
Keller Williams Realty - Flower Mound, TX
Assoc. Broker Realtor SFR Dallas Ft. Worth

Bill: I know also some former Law Enforcement folks in real estate. You would think it would get easier?

Wayne: Knowledge conquers the fear of the unknown.

Christy: Eating all those weird bugs and cow intestines stuff definitely does not sound like fun.

Mar 30, 2008 09:11 AM #41
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