100 Years of Real Estate: Where We’ve Been

How will the last 100 years impact the next 10-20 years? Well, let’s look at where we’ve been to help us predict where we are going.

Interest Rates have been declining since 1981

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Our Population has doubled in 70 years

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We’ve moved to warmer states

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Women are projected to lead the workforce

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Thanks to the U.S. Census for providing this data, we are prepared to respond to the ever changing real estate needs of 4 generations. For more insight please view our video from our 11/11/2015 Waddell Business Meeting.

 

Trust Agents “Archimedes Effect”

Archimedes, an ancient Greek Philosopher, was born around 290 BC. His contributions to mathematics, physics, astronomy and engineering are just as significant today as when first discovered 2,000 years ago. Archimedes discovered leverage and I wan to to help you understand how can be applied in your business today.

If we are happy with the way things are, why do we seek something new? We seek to use new tools because they will produce results faster or more effectively (Trust Agents)Some people want to find ways to put in less effort to produce the same results. Trust Agents find ways to produce more results with the same effort. Trust Agents use Leverage.

What are 2 great ways to apply leverage?

  • Blogging: a great way to stretch the value of your message
  • Delegating: work you delegate should get better results than doing it yourself

What is the Largest Lever in the Universe? The Web. Everyday you can use it to accomplish almost anything more easily than before.

 

Below is the recording of our full presentation at our Business Meeting.

 

 

Explain the Obvious: The Story of the Sower

The story of the sower is found in the new testament in the book of Matthew. It has severable variations, as most parables do, but this one applies best to real estate. My favorite adaption of this parable comes from Jim Rohn.

Remember, the sower was ambitious and the sower had good seed and he never stopped sowing.

Some Seed:

  • Falls by the wayside
  • Falls on rocky ground
  • Falls on thorny ground
  • Falls on good ground

You may not be able to do all that you find out, but make sure you find out all that you can do. -Jim Rohn

Take Action: Pick/find something you can do over the next 7 days that will help you become a better communicator.

Are You In It To Win It?

When you live in New York City you are competing all day everyday. It’s a rat race, but this energy of bustling people 24 hours a day is the foundation for one of the most interesting cities in the world. If you are not “in it to win it,” every minute in NY, you will not be able to compete.

The difference between a successful person and others is not lack of strength, not lack of knowledge, but rather lack of will. -Vince Lombardi

When you are in any contest you should work as if there were, to the very last minute, a chance to lose it. -Dwight Eisenhower

There’s No Real Excuse

Responsibility: you assume command, you accept the consequences of your actions. Listen to Reynolds tell the story of Rick Sharp, the successful daytime TV actor from the 80’s. Rick blamed everyone for his problems and became an expert at avoiding responsibility.

By being prepared, you increase your chances of success, of seizing opportunities when they come your way. It’s in your own self-interest to stay on top of things. Just because you delegate something, you need to confirm its been completed, especially if it is going to affect your future.

A winner is big enough to admit his mistakes, smart enough to profit from them, strong enough to correct them. – John Maxwell

Start taking full responsibility for the things that happen to you. Accept responsibility for your own destiny.

How Many Days Does it Take to Purchase a Home?

Beginning August 1, 2015 the average days to close on a residential property will increase from 30 to 45 days. The CFPB (Consumer Financial Protection Bureau) wants consumers to have more time to think through this process. Is this going to be a problem for Buyers and Sellers? Only if Lender and Attorney are unprepared to comply with the new regulations.

Loan Officer Eddie Kirby (Guaranty Mortgage), and Real Estate Attorney Edward Hudson, (Hatcher, Stubbs, Land, Hollis, LLP) visited the Waddell Realty office yesterday to review these changes with our agents. If you want to ensure a smooth sale, that closes on time, call these two gentlemen. They are very knowledgeable and well prepared for the upcoming changes.

Below is a link to a copy of the presentation from the Waddell Realty Business Meeting.

Waddell TRID pdf