Real Estate is Not For The Faint At Heart
Go ahead Google that title, haha you’ll see it over and over again so why didn’t I come up with a new clever title because I’ve said this a million times. Before I put both my feet back into real estate full-time again after a hiatus of working behind the scenes helping fellow agents ramp up their careers for a local real estate brokerage, I told many a newbie “real estate is not for the faint at heart.”
I would reminisce on the days when I struggled when I first got into the industry just before the market dropped. I can remember not knowing when I would get another paycheck and being scared to death. Back then it was just Lauren and I, so I did the sensible thing I got a 9-5 but I still loved the industry dearly so I took my knowledge and began working as an office manager at a boutique real estate office and next on to a large brokerage where I worked my way up to agent service manager. I helped train new agents the in’s and out’s of how to best use our company resources to make their business flourish. I learned a lot while I was there and met some extremely talented Realtors.
However I knew I was never going to be happy under somebody elses idea of where my ceiling was, or the timeline in which I should progress. My passion is the field and my family also being with people and helping them. I love that everyday is new and different. There are certain freedoms this jobs allows you that a 9-5 punch clock does not afford you. And yes when you get paid it can be a very rewarding opportunity.
There is a flip side to that coin though they forget to tell you once you take those rose colored glasses off. This week reminded me of my old saying and while I may still have a small victory. The large losses hurt and reminded me that you must be prepared for anything. And hopefully what my Dad says is true “it’s usually never as bad as it first seems and it’s almost never as good as it first seems either”
Some of those flips include midnight texts from clients about houses they want to see the next day at 9am, would you call your lawyer at midnight or your CPA? I think not but the other flip side details are more serious and hurt just a bit..
So just two short weeks ago I was so busy my head was spinning, I was showing two different clients a buyer and a renter, I had another under contract set to close mid November just in time for Christmas, and another that just closed last week and two listings. Things were beautiful!
Then this week rolls around, after working with my buyer showing a couple of days and working up three offers that all were met with resistance and did not work out because the homes also received other offers that were just better. My client calls to let know me that they have decided not to buy a home since they have accepted a job in another state. Then today my clients who I’ve been relentlessly working with tirelessly through some major hurdles since January 2016 on 3 different new home build contracts have terminated another home and have been scorned by the new home building process and don’t want to buy or sell anything now. They need some time off from the house hunting game.
I’m trying to remind myself that God has something better planned around the corner. I will have faith that after 9 months of working and tireless worrying and negotations this was for the best. I sure wish real estate worked liked lawyers and worked on retainer with billable hours on the front end. Then the commission could somehow be worked back. It just gets so discouraging that you can work for somebody spend hours, weeks, months working with them, away from your family stay up late nights working on offers and deals and then they can just walk away and you don’t get a single cent for your time and energy. I too have a family to feed, bills to pay and a mortgage, this is my business I don’t do it strictly out of pure joy even though there is pure joy when it goes right.