The Broke Broker? Grandma is worried.

By
Real Estate Broker/Owner with Northern Virginia Homes - FRANKLY REAL ESTATE Inc

My grandmother thinks I'm broke!

The other day she calls me and says in a thick accent, 

"Are you still able to feed yourself? Why are you still in Real Estate."

I asked why, and she proceeds, "I keep reading in the paper that the market is tanking."

I assure her that even though gas prices are higher I have just enough to still buy food.

Three years ago if you said you were a Realtor, it was like E.F. Hutton. Strangers would be caught listening in and people were impressed. (sidenote: I got stuck bookless once and picked up a 1993 book by Peter Lynch of Fidelity. I loved his insight saying that the market turns down not when he starts getting advice from friends or his dentist, but when he starts considering following their advice!)

Today it isn't just my grandmother, but others cringe or feel bad that I am in Real Estate.

But after I use the pity to get a free beer, I tell them that business is doing great!

The weekend warriors [agents] all packed up and went home.  Fewer agents and the explosion of the blogging world and things are great.

Nah, I'm not making a "killing," but don't want to be. I like a balanced life. I get 80% of my business from this blog. I get to be picky and take on fun and great clients!

BUT I am pretty bad with the initial contacts. In part since I get so many bogus requests. But once a match is made, they get my full attention... and my cell phone number. (see, Sorry, I don't answer my cell... unless)

For example, just the other day I got an email from somebody that already spit out 2 Realtors. Why I can see one being lazy, but 2? My bet was it was an unrealistic client and I don't have time to find them the impossible.

Another barely remotely related story, I was using my new live chat feature (on Blog.FranklyRealty.com) with somebody at 1 AM the other night (It tells you if I am online). We were chatting and I was talking her out of building a home in McLean (where I grew up) and how it would cost more etc.

Then she told me she had a bad experience with her former Realtor with her last home. I then asked "Was it a rebate company?" to which she was amazed that I was dead on! (disclaimer: Rebater does not = bad, see my blog where I say "I used to rebate, but then I got good").

Then she proceeds to tell me that during this round of buying she is disappointed in her current Realtor. Especially her lack of a financial understanding to which I asked... "Let me guess," and she said "Oh no, not again," and

I said "So is it a cousin or aunt Realtor?" Bingo! Deal or No Deal! "Yes" She was amazed. That will have to be for another post, "But My Cousin is a Realtor."

What does this have to do with my grandmother thinking I'm broke? I dunno. Probably somehow, but I forgot.

Anyhow, business is great.

I just wanted you to know that you aren't the only one looking online to hire a Realtor... And heck for those that say it isn't personal enough, I found my fiancée (as of last week) via match.com, so why not a Realtor?

-Written by Frank Borges LL0SA- Broker FranklyRealty.com

(please report typos, parts of this were transcribed by India)

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Location:
Virginia
Groups:
Realtors®
Stage It Forward...
The Art Of Marketing You
Out Of The Box!
Active Rain Block Party
Tags:
buyers agent
humor real estate realtor

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Rainer
76,539
Sabrina Kelley
ERA Herman Group Real Estate - Woodland Park, CO
Woodland Park Colorado Mountain Homes and Land

IF you are willing to work it will come. The elite realtors will survive.

Jun 03, 2008 05:38 PM #1
Rainmaker
368,246
Dean Moss
Dean's Team - Keller Williams Realty Partners Chicago IL - Chicago, IL
Dean's Team Chicago IL Real Estate Team

Frank -

Does your grandmother hang with my mother?

It's laughable their reaction to the market, but they are just concerned about our well being.

My bigger concern - PROSPECTIVE CLIENTS read the same stuff, and that may force them to the sidelines for a longer while (although I never turn down a free beer from one of them!)

Keep on track - and call us anytime!

DEAN & DEAN'S TEAM CHICAGO

 

Jun 03, 2008 05:39 PM #2
Rainmaker
46,093
Sarah Nopp
South Sound, WA

Why isn't your grandma on your mailing list!

Jun 03, 2008 05:44 PM #3
Rainmaker
699,684
Brian Block
RE/MAX Allegiance, Managing Broker/Branch Vice President - McLean, VA
Northern Virginia & D.C. Real Estate

Frank, you've got to get Grandma to read your blog!  Sign her up so she can follow your activities and get the real picture.

Jun 03, 2008 10:48 PM #4
Rainmaker
76,403
Natalie Langford
Realty Negotiations - Winchester, VA
Winchester, VA Real Estate

Hi Frank.  Your fiance is just adorable and you're so lucky to have such a loving grandmother! Glad you are doing so well and that you're blog is so well read.  I just feed off these positive stories.  Perhaps that's why the virtual water cooler in the RE Blogger's world is so upbeat.

Jun 04, 2008 12:44 AM #5
Rainmaker
128,073
Tchaka Owen
Galleria International Realty - Hollywood, FL

I can't believe you got that woman to marry you!! ;-)

Is your grandmother in South Florida?  She echoes what I hear all the time about real estate being bad and times being tough.  Yes, things are slower, even much slower, but as you've mentioned all the weekend warriors are getting out.  Those who didn't take the time to learn and understand the trade are also getting out.  I heard a stat that around 65% or so of agents in Broward County did not renew their license this year.  That means a lot less agents left so though business is slower, we still do alright.i

Jun 04, 2008 01:26 AM #6
Rainer
54,779
No Longer Active in Staging. No Longer Staging
Hickory, NC

Ok - great story... Tell your grandma - we all said hello... WOW - you are a true online kind of guy.... Congrats on your engagement... God bless,

Jun 04, 2008 02:14 AM #7
Rainer
61,519
n d
Naoma Doriguzzi - Virginia Beach, VA

I know I get the same questions about mortgages.... but my husband and I seem to be busier than ever because like you said...the part-timers have moved on and the ones that make this their full time career and truly love and know real estate are here to help the homebuyers and sellers. 

Jun 04, 2008 02:24 AM #8
Rainer
54,749
Chad Baird
Re/Max Spirit - Dayton, OH

I hear the same thing from my Grandma, and Mom, and Dad.  I also get free beers from sympathetic patrons as well.  One even ponied up a nice couple looking to buy a house though! 

Jun 04, 2008 02:36 AM #9
Rainer
55,707
Doug Fritchie
DOUG FRITCHIE-Silver Legacy Properties,Inc. - Portland, OR

Hey Frank ~ It is Grandma's job to worry. Here is another way that the News Media is hurting our ability to rebound.

Jun 04, 2008 03:28 AM #10
Rainmaker
138,124
FRANK LL0SA Esq.- Northern Virginia Broker .:. FranklyRealty.com
Northern Virginia Homes - FRANKLY REAL ESTATE Inc - Arlington, VA

Sarah,

Mail? What is that?

Jun 04, 2008 05:44 AM #11
Anonymous
Anonymous

Congratulations and best wishes on your upcoming marriage, Frank!

Jun 05, 2008 04:32 AM #12
Anonymous
Marcia

the above comment was from me!

Jun 05, 2008 04:33 AM #13
Rainmaker
55,043
Homer Ray
Eastern NC Homes - New Bern, NC
Eastern NC Homes

Frank, I hear the same thing all the time.  I've been working hard, blogging hard and learning all I can.  This is a great business, but it's not easy as everyone thinks. 

Been reading your stuff and as a second year agent I can honestly say, "I'm doing better than LAST year!"  Trying to be ready to do some volume down the road.

Look Luck! H.Ray

 

 

Jun 05, 2008 06:36 AM #14
Rainer
111,372
Toronto's 2 Hounds Design: Decorating + Staging
2 Hounds Design + Home Staging - Toronto, ON

Congratulations!

Jun 05, 2008 10:15 AM #15
Rainmaker
565,518
Mike Saunders
Lanier Partners - Athens, GA

Frank - as always, I find this post interesting. I think I will get a button, will bitch about the real estate market for beer (but only a premium micro-brew, I may be in real estate but I still have standards). Congrats on your troth. I met my wife online (but not on match.com).

Jun 11, 2008 10:38 PM #16
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
138,124

FRANK LL0SA Esq.- Northern Virginia Broker .:. FranklyRealty.com

Ask me a question
*
*
*
*
Spam prevention

Additional Information