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Getting Your Mojo Back

By
Services for Real Estate Pros with Transformative Action Coaching & Consulting, LLC

WHEW...What a week!! Somehow, I managed to make it to another weekend. Wait... I'm a real estate broker...I don't get weekends!! Oh well... But in the past 5 days, I've had buyers lose their jobs while in escrow, sellers refuse a terrific cash offer because their friends convinced them that their 2006 price is really still out there!  I even met a qualified cash buyer this week who insisted that I find a way for her to buy her $500K dream home on her credit card so she could take advantage of the extra bonus points...or it was no deal! It kinda makes you wonder sometimes...

I find myself working harder these days to buoy the spirits of my associates. Their buyers are more stubborn (more scared, I think), and their sellers are more impatient and demanding. When they come back into my office they sometimes look like they're carrying the weight of the world on their shoulders...like they've lost their mojo. I listen to their stories, and then try to dust them off, give them a pat on the head, and send them back into the game. Some days it's easier than others. I find that keeping a big bowl of chocolates in my office is a good thing...

Real estate has had easier times. Deep down, we all knew that the run up market of the past few years was an illusion, and that there would be a tougher road ahead. But for too many of us, we simply didn't prepare ourselves for what that reality might look like. We find ourselves now with less business going on and far too much empty space in our daytimers. As your broker, I would love to see this time filled with prospecting, training and networking activities. Kicking up the business activities is the surest way to change your fortune in this, or any market. So I try to make these opportunities available weekly in my office...with modest participation. But for some, there is still too much empty time in the day...time that gets filled with negative thoughts about the market, your clients...and worse. We need to use our time better.

Here's an idea. Spend some time volunteering. Yes, the economy is tough, and our business is challenged. But you know what? Even on our worst days, everybody goes home. In my previous life as a hospice social worker and administrator, I learned this lesson well. There really aren't bad days in real estate...are there? If you have some extra time on your hands, I recommend volunteering at your local hospice program, children's hospital or nursing home. Bring flowers to a shut-in, or share your talents as a tutor or coach. If you have a VA hospital in your area, see what you can do to improve the life of a veteran...their numbers are growing far too quickly. Do you like to cook? How about preparing meals for your local soup kitchen...they're serving a lot more people these days. When society's problems grow our opportunity to help becomes bigger as well. Make the most of this.

Let's face it...there really aren't bad days in real estate. We need to keep things in their proper perspective. But there really are people who are facing the worst days of their lives... and we can help. I'm long past my idealistic days as a young social worker when I thought I could save the world on my own. We'll still need each other for that. But I remain awestruck when I see the power that a heartfelt gesture has in changing the life of someone in need. Try it. It probably won't make you feel any better about the economy, but you'll feel better about yourself. And when we feel good about ourselves, good things happen. Hey...you might even get your mojo back.

Show All Comments Sort:
MeLisa Minter, Realtor
Minter Real Estate Services - Taylor Lake Village, TX
Bay Area Houston Real Estate Agent

Hal, such an inspiring post.  I'm definitely going to kick up my volunteering actions this year.

Feb 08, 2009 06:24 AM
Shirley Parks
Sands Realty 210-414-0966 - San Antonio, TX
Broker, 210-414-0966, San Antonio TX Real Estate

Hi Hal, The title of your post made me laugh since last week I titled a post "What do you do to get your mojo back?"  I already spend time volunteering and find it a rewarding thing to do.  Great ideas here.

Feb 08, 2009 06:27 AM
Diane Kawell
Windermere Real Estate / West Campus - Federal Way, WA

Hal - can you be my broker? Your agents are so lucky ;-)  I started tutoring again last week at a local elementary school and bumped into another agent doing the same - a lot of us are picking up the slack in schools due to their budget cuts, wanting to feel better about ourselves, and because of the increased leadership of our new President & family in the Whitehouse - thanks for this great post ~Diane Kawell

Feb 08, 2009 06:35 AM
Lillian Nolloth
Howard Hanna Real Estate Services - Adrian, MI

Great article and Oh so true . We need to count our blessings day by day.

Feb 08, 2009 08:51 AM
Anonymous
JaneAtTheLake

THANK YOU FOR THE REMINDER!!!!!!

Feb 08, 2009 09:26 AM
#32
Kelly Young
The Platinum Group Realtors - Colorado Springs, CO
Colorado Springs Real Estate ~ 719-226-0126

Hal, I think there is no better "mojo turnaround" than getting out of ourselves and doing something for someone or  something else -- with no expectations other than just to give.  What we get back purely in terms of perspective is priceless much less the remembering that we have touched someone else's life.  Thanks.

Feb 08, 2009 09:34 AM
The Somers Team
The Somers Team at KW Philadelphia - Philadelphia, PA
Delivering Real Estate Happiness

Hal... wow, what a week it was for you !!! Pretty amazing stories... I guess that is the beauty about life and our professions.  I tell the people on my team it is a numbers game sometimes and have fun : )

Feb 08, 2009 10:55 AM
Anonymous
Dawn

Volunteering is a great idea. We have all been so busy trying to make the next sell and have forgotten about others.

Feb 08, 2009 12:06 PM
#35
Anonymous
Valerie Josi

Thank you so much! That was very encouraging and I am going to contact the Seattle VA to see what kind of volunteering I can do.

Feb 08, 2009 01:23 PM
#36
Roshan Quigley
Weichert Realtors - Manalapan/Marlboro, NJ - Manalapan, NJ

Hi Hal,

Agree with you 100% there is so much to be grateful for -check out www.casaofmonmouth.org - Court Appointed Special Advocates - we work in the best interest of a child - such a wonderful organization and so rewarding -

 

 

 

Feb 08, 2009 01:30 PM
Bob & Carolin Benjamin
Benjamin Realty LLC - Gold Canyon, AZ
East Phoenix Arizona Homes

It is always good to volunteer and help out with the community around us.

Feb 08, 2009 01:56 PM
Harold "Hal" Benz
Transformative Action Coaching & Consulting, LLC - Westfield, NJ
Business & Life Coach For Agents & Entrepreneurs

Hi Valerie- Great idea. They could really use you!!

And Roshan...thanks for the link. I'll check it out.

Feb 08, 2009 02:40 PM
Chris Olsen
Olsen Ziegler Realty - Cleveland, OH
Broker Owner Cleveland Ohio Real Estate

Hi Hal -- thanks for the reminder to keep things in perspective, which is hard to do today, but great advice in spite of the times.  In fact, I think it's more important to recognize what you said to help keep things on an even keel so we can stay focused, as there are people who are in much worse shape than we are.

Feb 08, 2009 03:47 PM
JB Brookman
JB Brookman Photography - Franklin, TN
High School Senior Portrait Photographer

Great idea and a great post!  Thanks.

Feb 08, 2009 03:59 PM
Jason Neumann
Century 21 Assurance Realty Ltd. - Kelowna, BC
Realtor - www.KelownaRealEstateNews.com

Hal, your post was music to my ears!  I think that there is so much more we can do as agents then just sit and sulk etc.  Thanks for the pep talk and happy blogging to you!

Feb 08, 2009 04:45 PM
Yvette Gardner
Keller Williams Realty, Spartanburg, SC - Spartanburg, SC

Hal, Great post and thank you for the reminder and great ideas.

Feb 09, 2009 12:04 AM
Paul McFadden
Responsive Pest Control - Seattle, WA
Pest Control, Seattle, WA.

Hal: Great idea. Selfless work always buoys our spirits and, obviously, the attitudes of those we're helping. We've made it a part of our life plan and it has carried us through. Have a great day!

Feb 09, 2009 12:59 AM
Cynthia Tilghman, Realtor® Onslow County NC Home Specialist
Kingsbridge Realty, Inc - Hubert, NC

Hal,
I like the one you think.  Getting out there and doing something for somebody else will benefit others and make us feel better about ourselves.  Looks like a win/win to me!

Feb 09, 2009 11:26 AM
Scott Harrison
Sea Shore Realty - Virginia Beach, VA

Hal,  A great post.  We all do not realize just how many people are going through some bad times of their own.  Unfortunately, many of the bad things people are experiencing, right now, come from the housing industry.  I like the idea of volunteering for groups that assist people.  I have volunteered on several occassions at the local food bank.  It serves as a reminder that no matter how bad it is for me and my family, some other family might not be getting by.

We all need to know our market will turn around and we will once again, filling up our daytimers with appointments. 

Feb 09, 2009 11:56 PM
Anonymous
Judy Luna, Keller Williams Realty NW Arkansas

As many others have said--great post. Sometimes we don't realize how lucky we are. There are many who are less fortunate and if we take the opportunity to volunteer, we may garner good will and future business.

One of the big news items in my area this week was the fact that Walmart sent out a memo to its employees that about 700-800 jobs would be cut from the home office in a restructuring move (some of these jobs will be moved elsewhere, for example). This represents 5% of the workforce of the home office of Walmart here.

For most people this is just a news story in the latest of the "doom and gloom" that we have been hearing in the media. But for one of my clients, who is one of the 700 it's more than that. He is a really nice young man, who was planning to get married in March. But now he's out of a job and trying to re-evaluate his options.

The other thing is that our area has largely been immune to some of the negative economic trends affecting other parts of the country. But this move shows that even a company like Walmart, who does well in bad times (being a discount store and all), is feeling the pinch of difficult economic times.

And it will have a chilling effect on the current real estate market in NW Arkansas. Sales will be down for longer than we had hoped, which means that inventory will continue to be elevated. There is also the psychological effect. We thought we were immune but it seems that we aren't.

The economy is bad. We thought that NW Arkansas (with even just 1% positive job growth in the last quarter when the rest of the country was losing jobs) was doing OK and that we would continue to do so. But if Walmart is cutting jobs, what does that say for the economy in the rest of the country?

 

Feb 12, 2009 02:37 PM
#47