How a Seller's Market Affects Realtor Relationships

This may be a touchy subject but here goes... Most of the country is experiencing a housing shortage and finds itself in a competitive seller's market. Competition to gain new listings is fierce and the end result is a lot of stress and sadly, the demise of many professional relationships.

As the market began to heat up, many agents began seeking new and creative ways to attract sellers. Unfortunately, this often brings in to play, a shark mentality. While a shark mentality can often be what it takes to get some transactions to the finish line, the end result many times are agents who find themselves as adversaries.

I've always said that this business is about relationships and this not only includes our clients but also our colleagues. Life is short and making enemies is not something that many of us enjoys. That being said, it happens and lately, I see Realtor relationships taking a hit daily.

Here are a few suggestions to maintain positive Realtor relationships even in a tough and competitive market:

1. Remember to see the agent on the other side of a transaction as a person who has real-life struggles and issues just as you have them.
2. Keep the lines of communication open. When each party is able to effectively communicate, it is much easier to work through issues.
3. Maintain your cool no matter what. Stress brings out the ugly in people. Don't allow a blow-up to destroy a professional relationship.
4. Be kind. Treat others as you would like to be treated.
5. Do your part during a transaction. When another agent has to pick up the slack for an agent who is "slacking" on their part, it causes tension.
6. Don't take out your frustration on anyone else. Seek ways to de-stress without making others pay.
7. Play fair. Own your mistakes, show grace when needed, and no matter what, always do what is right.
8. Admit when you are wrong. Whew! This is a tough one but so important. Never blame someone else for something you did.
9. Recognize that everyone is in the same boat. Celebrate wins for others, show humility when you are the winner.
10. No matter what, if you do what is right, you will sleep well at night. Never compromise on doing the right thing.

This market will change. And when it does, we are all still here. Broken relationships are difficult to mend. Do what you can to keep the peace, maintain friendships, and keep professional respect as a top priority.

I remember all too well what a buyer's market is like. The shoe can change overnight. People are more important than anything else. Show respect, be nice, and let's all play nicely in the sandbox.

 

       

"Have you fully lived today?"

   Paula L. McDonald ~ REALTOR^®, 

        Granbury, Texas 

 936-203-0279 Direct

Selling Hood County and surrounding areas!

PaulaMac59@gmail.com 

      

      

 

 

                                           

 

 

Copyright 2021 Paula McDonald