Feeling Conflicted...Feast or Famine?

Mortgage and Lending with Extraordinary Processing MB-116250

To date, I have not posted many blogs here. I prefer to lurk around and leave random comments as it feels somehow "safer" to me. (One of my resolutions for next year is to break out of my shell a bit and blog more).

I was inclined to write this because I wonder how many others in the industry are feeling what I am feeling? What am I feeling? Good question! I am feeling relieved that there is so much work (finally!) with all of the refinancing going on due to the low rates. I am feeling "robbed" of my normally relaxed Christmas season as it is usually DEAD this time of year which affords me the opportunity to enjoy the holiday and shop leisurely. I am frustrated with the timing of these snow storms because I can't just run out quickly to pick up a few presents or run an errand - it is now at least an hour commitment which is too much time away from work.                   feast

Why does it always seem that it is either Feast or Famine in this industry?

As a loan processor, I have always maintained that I would be VERY happy with a consistent two or three loans per week. A more typical scenario is either one a month or six a week. Please don't get me wrong, I am not complaining. I love the work! I just wonder if there will ever be the perfect balance. That's what I am dreaming of now that many of us have our White Christmas. I am dreaming of the perfect balance of work and play! For now though, bring on the feast!



Posted by

business port 

Libby Cousins

Extraordinary Processing - Spokane, WA

Contract Mortgage Processor, licensed in WA

phone:   509-465-5585

email:    LCousins@comcast.net

Comments (13)

Monique Ting
INET Realty Honolulu, HI - Honolulu, HI
Your agent under the sun


I hear you!

It is also the same with by business, but that is what we got for not having a 9 to 5 type of job...

Congratulations on resolving to writing more Posts . I too will be venturing out of my shell in the coming new year. .. Hopefully...

Wishing You Peace & Harmony & a more steady flow of business for 2009!

Much Aloha,


www.MoniqueHawaii.com   monique.ting@century21.com

Dec 22, 2008 05:24 PM
Pacita Dimacali
Alain Pinel - Oakland, CA
Alameda/Contra Costa Counties CA

This month was one of my busiest --- what I did this month was equivalent to what I did all of 2007 when my sales were so low I couldn't save enough money to keep up with the bills (hence, I racked up a lot of charges on my credit cards).

So when I am feeling stressed because of all the things I have to do for each of my clients, the endless follow ups, not having time to take off to go shopping for Christmas presents...I remind myself of the times when I wished I were this busy.

May we all have a Joyous, Happy and Prosperous New Year!


Dec 22, 2008 06:00 PM
Chip Jefferson
Gibbs Realty and Auction Company - Columbia, SC

Yes it seems to always work out that way doesnt it. I am a Agent and a LO. I follow the trends and go where im needed most!

Dec 22, 2008 09:58 PM
Amy Salisbury
Leading Edge Properties - Charles Town, WV
West Virginia Realtor/Jefferson/Berkeley

Libby, Yes, its always Feast or Famine!  You just never know what each day will bring you!  That's part of why I love this business so much.

But naturally, its harder to find the balance in life when you never know what's coming.  So, make hay when the sun shines, as they say, and enjoy the slower times when they come around.  They will!  And then the sun will start shining again!

Dec 22, 2008 10:15 PM
David Gass ~ Huppin's/OneCall
Huppin's/OneCall - Spokane, WA

It has been quite the roller coaster ride! I love being busy and helping people with whatever I can...As one of my good friends always says "Make hay while the sun is shining".

Dec 23, 2008 04:39 AM
Marie Ogle
Mortgage Processing Solutions - Spokane, WA
Contract Mortgage Processor

Here's to dreaming! Oh, and I would be fine with no "White Christmas" for several years to come. :)

Jan 06, 2009 03:55 PM
Susan Peters
Dove Realty Inc. - Seattle, WA
The Better it Looks the Better it Sells

Hi Libby,

Well we wimps on the other side of the state had a White Christmas and it just about did us in! Happy New Year.

Jan 06, 2009 04:57 PM
Kugluktuk, YN

Hi Libby

I agree with you on this one, this industry sure does give us the roller coaster effect. But that is part of the reason I love this job.  Challenging when it gets busy and challenging when it is slow (to bring in new loans). 

Jan 12, 2009 01:04 PM
Mesa, Arizona Real Estate Mesa Arizona Realtor
Homes Arizona Real Estate LLC - Mesa, AZ

Libby, you ought to be busy now with all of the refinancing going on....blog more. ;-) Share some insightful tips on mortgages and loans and such. ;-)



Jan 17, 2009 09:45 AM
Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

Libby, For some reason my business is VERY busy or it can slow up.  I take advantage of the slower times to get out and play!

Jan 17, 2009 12:44 PM
Not a real person
San Diego, CA

Hey, Libby.

To get out of the feast or famine mode, try this:

First create a plan of where you want to be in five years and what you have to do to get there. That's your five year plan.

Now break that 5-year plan down into periods of years, months, weeks, days, and, if necessary for you, hours (like if you have children who have to get off to school at a certain hour).

It doesn't matter how many hours a day or how many days a week or how many weeks a year you work, so schedule time to yourself, time for family, vacations, etc. Realize, though, that the more hours, days, and weeks you work, the less you will have to do each day. It's a give or take situation.

Now just work those hours and days persistently and consistently. That's it. Persistently and consistently work those hours and days. I believe that if you'll do that for the rest of 2009, you'll find that 2009 will have exceeded your wildest expectations.

I've been using such a plan since Summer 1996. It comes from my wise old grandmother who was helping me start a small researching/writing/typing business. My whole life since then has been a series of five-year plans. By working them persistently and consistently, I've been able to create niche markets, niche environments, and niche economies that have been able to insulate me from whatever doom and gloom is all around me, doom and gloom that is always too big for little ol' me to have any control over. I can, however, very easily control my hours and days.

I see it's been over a month since you entered this post, and nothwithstanding your statement that you don't blog much, I hope all is well with you and yours and that you'll come Play in the Rain persistently and consistently.

Jan 29, 2009 11:08 PM
Lara O'Keefe
North Texas Home Finders - McKinney, TX

Libby, it does seem like feast or famine in this business. We just have to make money when we can and save it until next time.

Feb 08, 2009 07:40 AM
Not a real person
San Diego, CA

This is my first time visiting your blog. I'm returning your February 21 comment in my blog. This is my third comment here, and I re-blogged one of your posts, so I hope you'll blog a lot more rather than just lurking around and leaving random comments.

Added with edit. Actually, I see I was here back on January 30, but I still hope you'll blog more.

Mar 02, 2009 07:51 PM