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Ask An Ambassador: It's The End of The World As We Know It, And I...

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

This last week as been a double whammy of changes in my life, a significant change to each aspect of my dual career life.

Of course we all know about the changes that kicked in for agent compensation over the weekend, so that was the big change in my real estate life.  Change happens in this profession, and this is certainly one of the bigger ones, but as with all things, this too shall pass.  Either it's an adapt and move on, or it becomes AAP (another agent's problem) when I transition to referral only business after our planned move to enjoy the view from here:


And while the compensation rules and all the form & practice changes that come with it are significant, they are known and a planned change.  We've all known for months this was coming, and if we're not prepared it's just a matter of looking in the mirror to know who to blame.

The other significant life change for me over the last week was an accelerated timeline for an event that I thought was several years down the road:  retirement from my engineering job.  Corporate life comes with both risk and reward, and last Wednesday I got a little bit of both.  I started the day with one set of plans, and ended with quite another, so when Baby New Year shows up this year, I'll start using the past tense when describing my engineering life.  After 33.5 years, I'll be "pasturized".  The reward for that exit is pretty significant financially, but still a big impact to my personal identity, and overall this change is something I'm going to be reconciling for quite some time.

But this change is similar to many others. 

The processes for this and changes in real estate are the same.

Determine the information needed.

Obtain the information from reputable sources.

Process the information.

Make an action plan.

Act.

Reassess.

Adjust.

Repeat as needed.

And while it might seem like the end of the world as we know it, we can all still feel fine!  I feel fine...

Until next Tuesday, just Ask An Ambassador if you need help,

Bill & Liz 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

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Comments(36)

Doyle Davison
Hawaiian Beaches /Hawaii - 714-968-6767 - Huntington Beach, CA
30 years as your Concierge broker

I already see the …. It’s not my problem…. This has been a devastating hit for our industry.  I suggest because one company who was suppose to be there for our interest Failed miserably.  Most of us pay NAR…  I suggest every single person on this platform cancel their NAR membership. This was not right. They did not have our back or interestat hand. I have been in this industry 30 years and this was the biggest blow to agents I have ever seen… aloha my friends… 

Aug 20, 2024 09:35 PM
Liz and Bill Spear

Doyle, the challenge is that NAR membership and MLS membership in our area are not decoupled.  If I want access, I have to join.  My ethics would be the same with or without membership, I've never bought into the idea that just because an unethical person joins and organization that they'd become ethical, so hence I also don't buy into the "we're better than non-Rs" advertising spiel.

Aug 21, 2024 06:49 AM
Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher
I’m just trying to take a day by day and go from there and see what happens and hopefully it’s a good thing that comes with it..
Aug 20, 2024 11:55 PM
Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

Regarding all of it, I’m just trying to take it day by day and see what comes with it.

Aug 20, 2024 11:56 PM
Liz and Bill Spear

and to a large extent, day by day is what we have to do.  I have a bigger overall plan, which obviously just changed, but the ideas of how I plan to do things are still there, just the timing is different.

Aug 21, 2024 06:50 AM
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC
Congrats on the feature as always. I retired from My day job with a buyout nearly 20 years ago now - I had been dual Career too for 15 years before. My decision was more intuitive. A small voice inside me told me it was ok to go- and better for me. I am clearly not an engineer! But it was good that I listen to myself at least once in a while. Good luck with the change. Lean into it! You will find wonderful new things ahead
Aug 21, 2024 04:13 AM
Liz and Bill Spear

Lise, a part of me knows this is ultimately better.  Not that my job was really stressful (great team, great manager, work I enjoy) but any corporate job comes with certain demands and restrictions that leaving behind will make other things in my life easier.  And as you'd know, pulling a dual career life can really wear you down.  True vacations have been very, very rare and I've been ready for some time to just go sit on the back deck and watch the sun set over the valley.  That view was one of the most appealing parts about the property we purchased.  I am checking into a couple of other job things that would be more part time and more of the "fun" category than the work category.  We'll see how that works out.

Aug 21, 2024 06:54 AM
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC
Congrats on the feature as always. I retired from My day job with a buyout nearly 20 years ago now - I had been dual Career too for 15 years before. My decision was more intuitive. A small voice inside me told me it was ok to go- and better for me. I am clearly not an engineer! But it was good that I listen to myself at least once in a while. Good luck with the change. Lean into it! You will find wonderful new things ahead
Aug 21, 2024 04:13 AM
Brian England
Ambrose Realty Management LLC - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

33.5 years seems like a very long time to do one thing, so hopefully you will end up very happy about that part of your life coming to an end and retirement will be a really fun experience for you!

Aug 21, 2024 05:09 AM
Liz and Bill Spear

Roughly every 10 years I'd have a major change in the role I did for my company.  My first 10+ years were direct manufacturing support until production was all moved to Mexico, then 10+ years supporting the companies external manufacturers (LOTS of travel), than the last 10+ years in my current role analyzing data and writing reports.

Aug 21, 2024 06:59 AM
Dr. Paula McDonald
Beam & Branch Realty - Granbury, TX
Granbury, TX 936-203-0279

That is big news. I believe you will reflect that the timing was actually perfect. Sometimes we cannot see what is coming up in our lives and then look back and say, "Ah ha, that is why xyx happened." More time for your bees!!! Hugs to you as you navigate these uncertain times.

Aug 21, 2024 05:52 AM
Liz and Bill Spear

From a convenience of finishing up our new house and moving, being paid to not work for that time frame is pretty sweet.  Everything will work out as it should, I just have some mental adjustments left to make :)

Aug 21, 2024 07:00 AM
Katina Hargrove 352-551-0308
Stake Your Land Realty, Inc. - Eustis, FL
Broker/Owner, SFR®, e-PRO®, GRI, AHWD, REALTOR®

Liz and Bill Spear 

Life brings us all kind of changes, and we adjust. The view looks amazing. Wishing you all the best:) Katina

Aug 21, 2024 09:23 AM
Liz and Bill Spear

The view (and still being within 30 minutes of most of Liz's family) was a primary driver in purchasing the land.

Aug 21, 2024 10:09 AM
Brenda J. Andrew
ULTIMA REAL ESTATE - Willis, TX
Professional Realtor in N Houston & Corpus Christi

That is a lot to take in during a short period of time.  We had something a little similar happen a few years ago purchasing a property close to my parents.  I had no intention of moving full time and starting over, but it all worked out.  God has been showing me how beautiful this new area is and how I can learn new things.  I don't necessarily like the changes we are going through in the industry, but I am going with it.  I had already decided this was going to be a great year, and it has been.  I have had a great opportunity to have the best of both worlds, working in both areas, and enjoying family at the same time.  We never know the reasons for the changes sometimes, but it always seem to work out for the good and much better than expected.  I look forward to reading more in the coming months!  

Aug 21, 2024 03:07 PM
Liz and Bill Spear

Brenda, that is the one thing about this.  One way or another, we were going to move next year, enjoy the view, enjoy all the area has to offer.  The only difference is how many years I would work remote before retiring.  It now looks like that number is ZERO :)  The combination of severance package and retirement pay for 16 months (plus whatever other income we sustain from real estate referrals or other sources) gives us an opportunity to replenish some of the funds we're spending building our house.  God always has everything work out for the best, even when I don't understand the path.

Aug 21, 2024 08:16 PM
Debra Leisek
Bay Realty,Inc Homer Alaska - Homer, AK

Nice Song/Video choice!! 

I am not going to lie...I am a little jealous It sounds like you are going to retire while you can still enjoy Life and the Views ahead of you! Enjoy every minute of it and keep us in the loop of your newfound happiness! 

Aug 21, 2024 11:49 PM
Liz and Bill Spear

Debra, there is a lot of opportunity with this, I just have to make some adjustments and also wait for our new home to be ready around March.

Aug 22, 2024 07:20 AM
Debra Leisek

Waiting will be the hardest part! Share some photos with us!!

Aug 23, 2024 12:19 AM
Ralph Gorgoglione
Metro Life Homes - Palm Springs, CA
California and Hawaii Real Estate (310) 497-9407

Embrace it.  The universe is speaking to you.  Don't ignore it.  Very fulfilling times ahead if you let go and take advantage of the opportunities.......

Aug 22, 2024 12:47 AM
Liz and Bill Spear

Overall, this offers more pros than cons, but there are some adjustments to make.  Being an engineer has been a large part of who I am for over 33 years.

Aug 22, 2024 07:20 AM
Anna "Banana" Kruchten
HomeSmart Real Estate - Phoenix, AZ
602-380-4886

Hi Again Bill - and a huge congratulations!  I totally get it was unplanned and unexpected but knowing you, you're going to come out exactly where you want to be.  And I just know along the way you'll be enjoying your life to the max.  I know it.  As I mentioned before Gary was tasked to accept another position (mostly in Europe) and there wasn't a chance he wanted to do that.  So things happened more quickly for him but Holy Smokes.....he's been having a blast for 4 years now.  In fact he's the reason I finally pulled the plug.  So listen to those retirees that have it going - cause you're going to be one of us very soon and enjoying it all.  I am excited for you!!!!!!!!!!!!!

Aug 22, 2024 01:33 PM
Liz and Bill Spear

Thanks for the call today!

I know everything will work out, it's just taking me some time to adjust to the idea :)  Fortunately the planning we had in place doesn't change all that much.  Getting the house finished will still happen, we'll still move as planned, I just won't need that loft office area after all!

Aug 22, 2024 08:30 PM
Peter Mohylsky, Beach Broker
PMI. Destin - Miramar Beach, FL
Call me at 850-517-7098

Congrat, I guess.  Life does seem to have bunches of surprises in store for all of us, so hang on to the very end.  It is worth it.  

Aug 22, 2024 02:26 PM
Liz and Bill Spear

We just never know what surprises are waiting for us.

Aug 22, 2024 08:31 PM
Mark Don McInnes, Sandpoint-Idaho
Sandpoint Realty LLC - Sandpoint, ID
North Idaho Real Estate - 208-255.6227

Hello Bill,  best for smooth sailing with the new future thrown at you.  m

Aug 22, 2024 05:11 PM
Liz and Bill Spear

One perk of the move is I'll get to meet up with my Annapolis classmates more often.

Aug 22, 2024 08:31 PM
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Prop. Mgr, Wenatchee, WA

Hi Bill,
All I can say is Congratulations! Retirement is the best gig ever. I know this changed THE plan, but you'll have a new plan in place soon, and it'll be better than your original plan.

Onward...

Aug 22, 2024 09:08 PM
Liz and Bill Spear

There will be adjustments, but I'm working on the details now :)

Aug 23, 2024 04:55 AM
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Bill:

That is BIG news! There must be some twinges of regret at the decision being made for you rather than you making that decision. But that often is how the corporate world works.

But I know you and Liz will embrace it, adapt, and adjust to the lifestyle changes that will ensue with your retirement, the move, the new house (lots of excitement there I bet) and your new life chapters to be written.

Jeff

Aug 23, 2024 10:09 AM
Liz and Bill Spear

Jeff, I think that might be the biggest part of it, knowing I had something approved and it being reversed.  All will work out.  I've got another iron in the fire and I'll see how that works out.

Aug 24, 2024 08:45 AM
Lynnea Miller
Bend Premier Real Estate - Bend, OR
Premier Real Estate Service in Central Oregon

When one door closes, another one opens.  Congratulations as you step forward in the "new normal" in real estate and in your retirement from engineering.

Aug 23, 2024 12:48 PM
Liz and Bill Spear

There are definitely parts of it I'm looking forward to!  Not that we get major traffic issues between our home and my engineering office, but not having to deal with that ever again starting next year?  I can live with that :)

Aug 24, 2024 08:46 AM
Eileen Burns 954.483.3912
Trans State Commercial Realty Inc. - Fort Lauderdale, FL
FLorida Real Estate Connector

You are now upleveling your life together.  This energy shift is challenging for a structured person as yourself.  This transformation is a blessing in disguise.  You will stay grounded and buzzing with joy with your side hustles.  Cannot wait to hear about the bee hives at your new digs

Aug 24, 2024 11:13 AM
Liz and Bill Spear

Eileen Burns 954.483.3912 , we have arrangements with a professional beekeeper (he has over 200 hives) to take our hives before we move and take care of them until it's convenient for him to ferry them to our new home.  We have to make some changes for there vs. here (more wind, a little colder, and BEARS!).  So a windbreak and an electric fence will be needed to protect our dozen hives.  We're planning :)

Aug 24, 2024 07:14 PM
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

Change is unavoidable. In our work life and family life and social life. We learn to cope.

Life is Good!

Aug 25, 2024 05:04 PM
Liz and Bill Spear

Adjustments will be made :)

Aug 25, 2024 08:45 PM
Sharon Kowitz
CRS-SRES-ABR-GRI-E-Pro-CREN ~ COMPASS RE - Cary, NC
Cary, NC Relocation Specialist ~ Buying or Selling

Life is good but I do feel a change coming. the best of the best....we are getting older. I don't want to jump through hoops anymore. If a valued client from my book of business calls me for help I am there!!!!! But relo's and new business from leads are not worth my time anymore. 

Aug 27, 2024 11:44 AM