Reality checking real estate market conditions – feelings, perceptions and facts
Written on April 8, 2011 by Rose Ryrie
Reality checking real estate market conditions feelings, perceptions and facts
My perception of reality isnt always factually accurate.
Mostly Im a positive guy. But every other day or so, I think and feel like opportunities are scarce and market conditions outside my control make success elusive. Do you ever have thoughts like that?
When I think thoughts like that, my perceptions limit me. When I feel like business is slow and scarce, my spirit saddens, I roll uptight tense and I struggle. As a result my attractiveness dims and my effectiveness dulls. People and opportunity dont seek out and choose the dim, dull and struggling. Opportunity gravitates toward the positive, not the sad and negative.
To succeed, its important that I understand the difference between what I perceive and feel, and factual-reality. So, I have this daily Reality-Check thing that I do. It keeps my head on straight.
Heres how I Reality-Check myself and my real estate market.
I consciously suspend my perceptions about my market. I dont consider how Im feeling or what others are saying. I flip my logical thinking switch to ON, suspend my beliefs and go directly to the MLS to see whats really happening in my market.
Heres what I do:
I search listing activity for the last 30 days. How many new listing came on the market per day?
I search pending/contracts written activity for the last 30 days. How many listings went under contract per day?
Running these simple searches give me the facts about actual activity in my market place. With the facts in hand Im not poisoned or paralyzed by the negative opinions, speculation, conjecture or feelings of other people. What I discover is that no matter how well or poor I perceive my market to be, there are always available opportunities and possibilities. Always.
Whether Im feeling flush or frustrated, every day sellers decide to sell and new listing come on the market. Every day buyers are buying. This daily Reality-Check sets me straight. People buy and sell everyday. The only question is, who will they choose?
Understanding the facts gives me hope and inspiration. Business is there, if I want it. It doesnt matter what others report, believe or perceive. It only matters whats really happening in my market, and what Im willing to do to attract, discover and earn what I want.
I run my reports every morning. When my feet hit the street, I know whats real and what is possible. I know the only thing holding me back is me. If I take action, I can sieze opportunity and change my future.
Thats how I Reality-Check. How do you Reality-Check yourself?
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Cheers and thanks for reading.
Similar Posts:
- Daphne AL Real Estate Market Update
- Chicago Real Estate Sales Moving Up
- Open House or Not?
- Foreclosure activity slowed in first half of 2011
- Austin Real Estate Market Update – Dec 2011 End of Year Stats
