"The Little Guy"
Everyone will agree that this Real Estate cycle was long and deep, but it is a cycle. At this point good things are happening, good agents are prospering, the higher end is moving again, prices have leveled off and increasing in some areas. But putting our forward thinking hat on the next really cool thing to happen is going to be the return of the move up buyer. We are seeing trickles of it here and there but at some point it will be a wave. We have serious inventory issues in all price ranges but most prevalent in the lower end. Basic economics will take over and this price range will increase at a higher percentage then the upper end in the cycle, less supply and more demand. So naturally as the lower end increases in value owners will be gaining equity in their homes to use as down payments on higher priced houses. So.... and my point is in looking at your marketing budget and where you are allocating your funds let's not forget about the "Little Guy". If you are up north you might want to consider farming an area of townhouses in the 225K-275K range, down south you might want to look at a neighborhood with older and smaller houses. It is a long term commitment but nothing is better then getting 2 deals out of 1.
Enjoy the coffee,
Joe
INSPIRATION FOR TODAY:
"Gardner's Law: Eighty-seven percent of all people in all professions are incompetent."
~ John Gardner
"Gardner's Law: Eighty-seven percent of all people in all professions are incompetent."
~ John Gardner
PERSONALITY TEST!
Let's hope today's "inspiration" isn't actually true, although we've all probably felt that way at one time or another. Regardless of the percentage, however, it cannot be denied that incompetence really does exist in every profession, even those like physicians, attorneys, school bus drivers and stock brokers.
Some people do a great job no matter what it is they do, while others can't seem to succeed even after trying several careers. Sometimes it's not really a matter of competence so much as matching a job to specific abilities, interests and personality. An introvert who enjoys working alone probably shouldn't pursue a career in communications, while a creative person who enjoys the outdoors likely wouldn't be happy in accounting. No matter how hard you try, you just can't force yourself to love brussels sprouts!
How much of the "incompetence" that we encounter is simply the result of a person who is mismatched for their job? We all have certain skills and personality traits that better suit certain types of careers, but we often start down that path before we've ever gotten to really develop and know ourselves. We believe our parents, guidance counselors, and spouses more than we do ourselves sometimes.
Realizing your true personality is challenging. Applying that knowledge to your choice of career is even more difficult, but absolutely necessary if you want to be happy in your choice. If you're feeling dissatisfied, try to find at least some small aspect of your job that you find enjoyable, and aggressively apply your personality to it to produce more satisfying results.
If that's not working for you, perhaps it's time to take a long hard look at where you've been and where you are and why you don't like it there. Matthew Arnold said, "Resolve to be thyself; and know that he who finds himself, loses his misery." You've probably learned a lot about other people in your lifetime. Aren't you ready to know yourself?
Let's hope today's "inspiration" isn't actually true, although we've all probably felt that way at one time or another. Regardless of the percentage, however, it cannot be denied that incompetence really does exist in every profession, even those like physicians, attorneys, school bus drivers and stock brokers.
Some people do a great job no matter what it is they do, while others can't seem to succeed even after trying several careers. Sometimes it's not really a matter of competence so much as matching a job to specific abilities, interests and personality. An introvert who enjoys working alone probably shouldn't pursue a career in communications, while a creative person who enjoys the outdoors likely wouldn't be happy in accounting. No matter how hard you try, you just can't force yourself to love brussels sprouts!
How much of the "incompetence" that we encounter is simply the result of a person who is mismatched for their job? We all have certain skills and personality traits that better suit certain types of careers, but we often start down that path before we've ever gotten to really develop and know ourselves. We believe our parents, guidance counselors, and spouses more than we do ourselves sometimes.
Realizing your true personality is challenging. Applying that knowledge to your choice of career is even more difficult, but absolutely necessary if you want to be happy in your choice. If you're feeling dissatisfied, try to find at least some small aspect of your job that you find enjoyable, and aggressively apply your personality to it to produce more satisfying results.
If that's not working for you, perhaps it's time to take a long hard look at where you've been and where you are and why you don't like it there. Matthew Arnold said, "Resolve to be thyself; and know that he who finds himself, loses his misery." You've probably learned a lot about other people in your lifetime. Aren't you ready to know yourself?
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