How Do You Deal With Rising Gas Prices?

By
Real Estate Services with Listingbook

Driving to work this morning, I suddenly realized that I was about five miles away from completey running out of gas. This doesn't happen all that often. I tend to be pretty careful about checking how much I have left, and I usually don't like going under a quarter of the tank. I pulled into the closest gas station and proceeded to fill up my tank. All twenty-one gallons of it. At $4.11 a gallon. Wow.

I have spent the last four year in New England (where gas is certainly more expensive than in North Carolina), but I had never before filled up nearly my entire tank at one time. This got me thinking. I really only drive to and from work and occasionally around town to run basic errands or go to restaurants, but I'm under the impression that real estate agents are constantly driving around in order to show houses to clients.

So- How are rising gas prices affecting your business?

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new york
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Rainer
32,230
Evelyn Panning
Property Connections Realty Inc.

I've cut WAY BACK on driving - doing only what I absolutely must do.  I also don't fill the tank every time.  Our local gas station is trying to get people to buy more gas (our price for regular was just reduced to $4.45 per gallon -- aren't they generous) -- you can get a FREE car wash if you buy 8 gallons of gas -- no thank you.  I should get a FREE Car Wash for buying 4 gallons of gas -- want to go double or nothing? ~Evelyn

August 07, 2008 09:02 AM
Rainmaker
212,255
Antoinette Scognamiglio
GRI, ASP - Homes for Sale - Jefferson Township NJ
Coldwell Banker Residential Brokerage

Hi Elizabeth, not to hijack your blog, but here's an entry I recently made that has some good tips in there to help with the gasoline crunch.  Hope it helps!

August 07, 2008 09:04 AM
Ambassador
883,319
Lane Bailey
Realtor & Car Guy
Century 21 Results Realty

It really isn't affecting me.  I mean when it comes down to it, the difference between $3 and $4 and $5 for a gallon (and I drive a diesel, so it is over $4/gallon... and a 38 gallon tank) doesn't stack up against a $5,000 or $20,000 commission check.  I'm not going to freak out about spending $175 for a tank v. spending $125 for a tank while balancing it with the money I make.  I just cut back on worthless print advertising. 

August 07, 2008 09:40 AM
Rainer
128,997
Justin Ukaoma
Kansas City Real Estate Investments
Vizion KC

Even though the company pays for my gas I still try take the shortest possible route to and from my showings

August 07, 2008 09:45 AM
Anonymous #9
Anonymous
Ted Kelly, RE/MAX Realty Consultants..Winston-Salem, NC

Being in the real estate business, driving is a BIG part of my life and budget.  I spend hundreds of dollars every month on gas.  I am also a Listingbook user and that is a big part of how I save tremendously on my gas bills for both myself and my clients and I'll share that with you and your readers (from what I can tell there are a number of other real estate professionals out there).

Listingbook enables me to provide my customers and clients with very comprehensive information on every property that meets their criteria.  It gives them the exact location, exterior AND interior photos, room dimensions, school and tax information, etc..  Essentially, it gives them all the information they could possibly want to know about a property except actually going into the property.  This eliminates the old fashioned way of going out and riding around and looking at everything under the sun to see if "maybe" it would fit their needs.  The clients love it!!  It saves their time (a precious commodity in today's world) and my gas expense!!!

Not only that, every seller client gets the same information about competing properties every day!  This makes me look like the ultimate professional (which of course I am by providing this to my clients) and everyone is happy and saving money and time.  Sweeeet.

 

August 07, 2008 10:34 AM
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Rainer
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Elizabeth Kaplan

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