Preparing for Impact

So glad they missed you!   My hubby accidentally rear-ended a woman who stopped on the highway because her baby was choking.    She didn't have on her hazards, didn't pull over to the side, and he was didn't see her soon enough as he rounded the corner.    Amazingly no one was hurt!

We all have to be on the lookout for change - it's the only constant.   Looks like many of us figured out how to survive that 2007-2009 period.      This career is never dull!

Just coming back to this one to see some of the comments and it’s good to know that a lot of people have somebody’s back that way. :

Excellent message on keeping an eye on our environment and preparing for what we see coming.

I've been in a similar situation as you re: driving--feel like you are going to get hit and it's so so scary!  We have to try and prepare best we can, in business and in life!

Whew!  So glad you were saved from that impact!  I was not as lucky and was prepared for impact due to a trustworthy seatbelt, however, it did not end well for the guy who hit and ran!

In the meantime, I am prepared for whatever happens in the next few weeks, months or years.  We must be diversified. Great Post!  Thank you!

Excellent post!  And so true.  Going back to the basics for listings and looking for problems to solve is top of mind! 

There's nothing I hate more than being blindsided or hit in a rear end collision. My preparation has always been to have my mirrors all working in harmony to give the most broad view of the situation as possible. Crashes cannot always be avoided although preparation may offer those precious few seconds to have a fighting chance.

One thing I quickly learned at the beginning of my 40 years as a Realtor, is that real estate is a cyclic realm.  I learned to put resources aside, for down cycles.  And, as Clint Eastwood said, in the movie, Heartbreak Ridge, "You gotta improvise, adapt, overcome!"

CONGRATULATIONS Paula, on having this blog FEATURED in the Old Farts Club group!  

Thank you for sharing, Paula and thankfully you were able to avoid the accident. Yes, 2008 was a game changer and the ability to pivot is key. Continued success to you!

Hi Dr. Paula McDonald I started out in real estate in 2004.  Like you I learned to do short sales and how to negotiate them with the banks.  I also connected with several banks to list REO properties.  We need to learn to adapt in this business.

Hi Paula- I am so glad that this was featured. It has been a busy and glorious ride but anyone who was around in 2008  (heck I remember the late 70s too) needs to remember the lesson. I remember in 2008 speaking with an agent in Palm Beach County who did not want to take listings below a certain price point and refused short sales. 

Here we "grow" again!  This time will be different than 2008 but there is a correction already underway.  We will find a way to adjust our sails just like we always have. Thanks for this post and I am glad you are safe!

Very timely for your post! It's an ever changing market, you have to adapt and diversify. Gas here now in Southern California is last time I checked (yesterday), $6.39, my cat food went from 43 cents a can to 80 cents, not to talk everything else. The market has slowed down but prices still going up. Everybody wants a million and a half even though interest rates keeps climbing.

Forgot to subscribe, my apologies for double-posting!

This is an excellent post with great information. Thanks for sharing it.

Have a super fantastic week!
Joe Jackson, Realtor-KWCP

That’s the beauty of having skills, they’re always there when you need them. Good luck with everything! :

Kat Palmiotti  it’s like learning how to hit a baseball at a high speed and waiting for the right pitch

As much as things change, the remain the same.  Being proactive, saving for a rainy day or stormy weather, and staying abreast to ahead of the flow are always good small business behaviors.

Yes, the impact of the higher interest rates are something that really affects both buyers and sellers. Sad to say, your buying dollars have seriously been reduced.