How Do You Deal With Rising Gas Prices?

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Services for Real Estate Pros 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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Rainer
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Miriam Martir
Keller Williams - Metuchen, NJ

I have limited my driving to the minimum required to do my business and errands usually on the same day!

Aug 07, 2008 08:26 AM #1
Ambassador
565,407
Frank Rubi
Frank Rubi Real Estate, LLC. - Metairie, LA
Homes for Sale Kenner - Metairie, La.

Elizabeth, I attempt to do all my viewings on the same day, in the same part of town. No more is the day to just get up and run here or there.

Aug 07, 2008 08:30 AM #2
Rainer
19,310
Billie Chubb
Chubb Realty Group - Wilmington, DE

You can't stop showing people houses, because then you will not get paid. You have to look at it as a business expense, cry about it and then move on and forget it. 21 gallon tank would mean you are driving an SUV, so when it is time for you to get a new car...You get something that gets better gas mileage then that. Personally I can't wait for the Chevy Volt that is due to come out in 2010. That car will be able to go 40 miles on electric that you plugged in from the house! Can you imagine not using a single drop of gas until you have reached 41 miles???

Aug 07, 2008 08:44 AM #3
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3,695
Elizabeth Kaplan
Listingbook - Greensboro, NC

Yes, I do drive an SUV. Unfortunately. As soon as I can afford a new car I'm definitely going to take a look at a hybrid, but I'm interested in this Chevy Volt. I haven't heard of it before, but 41 miles on electric would be unbelievable!

Aug 07, 2008 08:59 AM #4
Rainer
32,230
Evelyn Panning
Property Connections Realty Inc. - Alturas, CA

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

Aug 07, 2008 09:02 AM #5
Rainmaker
215,528
Antoinette Scognamiglio
Coldwell Banker Residential Brokerage - Mountain Lakes, NJ
GRI, ASP - Homes for Sale - Jefferson Township NJ

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!

Aug 07, 2008 09:04 AM #6
Ambassador
883,569
Lane Bailey
Century 21 Results Realty - Suwanee, GA
Realtor & Car Guy

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. 

Aug 07, 2008 09:40 AM #7
Rainer
128,997
Justin Ukaoma
Vizion KC - Kansas City, MO
Kansas City Real Estate Investments

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

Aug 07, 2008 09:45 AM #8
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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.

 

Aug 07, 2008 10:34 AM #9
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Elizabeth Kaplan

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