Active Drain ~ The Unpredictable Side of Real Estate

By
Real Estate Broker Owner with MoonDancer Realty, Dillsboro,NC NC# 218097
 

The past couple of weeks have been ahem….frantic, frenetic, fraughtSlotted Spoon with stress and tension and frankly…a bit on an active draining side. (Get it? Sieve, slotted spoon?) The one thing it hasn’t been is boring, never boring.

The thing is, working in real estate is often predictably unpredictable. REALTORS are working harder than ever for many reasons. Here are a few reasons I think this is happening and I’d appreciate you all adding some of yours:

  • There’s fewer of us! Is there anyone out there who’s MLS membership has actually grown?
  • The standards and stakes are higher for everyone and every property to meet underwriters’ requirements.
  • We are at the mercy of years and years of repairing glossed over issues…road maintenance and shared well agreements, unrecorded handshake and sweetheart agreements, etc.
  • The freaking media over generalizing the real estate market, imho, because sound bites are easier than real research and specific reporting.
  • The absolute lack of control over the schedules and timelines of your team partners…lenders, title companies, closing attorneys and sometimes even your clients!

These blog posts have a life of their own. I started out wanting to compare working in real estate with juggling water or jello, herding cats or walking the plank blindfolded but each draft I started just sounded like whining. So, I’ve improved it by sounding like ranting. It’s a much more powerful position, lol.  Actually, that deserves an lol, a chuckle, a guffaw and a belly laugh!

Slotted Spoon

 

Of the deals we have in the works right now, a couple of them are just like that…keeping them together and making it all work for our clients while working twice as hard to not let any detail (many out of our control) drip through the openings of the slotted spoon holding them. Yeah, it’s been actively draining a little bit.

 

 

I can’t wait to see your additions to the list. And oh by the way...I feel better now!

 

 

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Unless noted otherwise, all photographs & content are my own and will only be shared with the courtesy of a written request for permission. 

 

MoonDancer Realty Team Photo Collage copyright 2012 Mona Gersky

   

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Topic:
ActiveRain Community
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Diary of a Realtor
POSITIVE ATTITUDE for the Weary Soul
Independent Brokerages
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Ambassador
574,429
Mona Gersky
GRI,IMSD-Taking the mystery out of real estate.
MoonDancer Realty, Dillsboro,NC

Dorte, consistency is sometimes elusive with some deals.

July 21, 2012 04:04 AM
Rainmaker
1,163,175
Gene Riemenschneider
Turning Houses into Homes
Home Point Real Estate

The short sales are tough because there are more parties in the game.  The banks take there time then want you to rush. They play hard ball.

July 21, 2012 01:43 PM
Ambassador
574,429
Mona Gersky
GRI,IMSD-Taking the mystery out of real estate.
MoonDancer Realty, Dillsboro,NC

Amen, Brother Gene!  Working on a tiny little REO that has been more work than anything I've ever done!

July 21, 2012 04:09 PM
Rainmaker
188,248
Mary Hutchison, SRES, ABR
Specializing in Brookside, Waldo, Prairie Village
Better Homes and Gardens Real Estate-Kansas City Homes

It's been crazy for me so far this year and just now slowing down..grateful for all the business and now, not feeling guilty about taking some time off.  Our customers do not realize we are usually handling several deals at one time, all in various stages, they thiink it's one deal at a time.  That's one reason it's crazy. Also, last minute requests from underwriters who don't even open the file until 2 days before closing...

Glad you vented here!

July 22, 2012 02:55 PM
Ambassador
574,429
Mona Gersky
GRI,IMSD-Taking the mystery out of real estate.
MoonDancer Realty, Dillsboro,NC

Mary, I'm glad you had the opportunity to vent too ;-D

July 22, 2012 04:47 PM
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Mona Gersky

GRI,IMSD-Taking the mystery out of real estate.
Ask me...we'll figure it out!
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Additional Information

What job could possibly be better than bringing people together by sharing our common interests and learning new ones? Here's my opportunity to introduce conversations and photos of the area I feel so passionate about...the beautiful mountains of Western North Carolina. This is one way to give you some background about me and our MoonDancer Realty company to help you make an informed decision about hiring us as your next REALTOR. I hope you enjoy the content as much I enjoy sharing it. I'm looking forward to reading your comments and hope to meet you soon.