Don’t get sloppy in the good times

When inventory of available houses is near ZERO . . .

Many Home Sellers get a little cocky.

Some might even have the delusional thinking that this market is like shooting fish in a barrel.

These unfortunate, misguided (or NOT guided) folks actually believe that they’ve got the Buyers by the horns and that they can throw the house on the market under-conditioned and over-priced, and SHAZAM – The Buyers will come running and participate in the ensuing Piranha frenzy resulting in multiple offers regardless of any and all defects (Obvious or latent).

Well . . . That may work for some, but not most.

Some of these houses DON’T sell quickly and end up lingering on the market thereby chasing the market DOWN (reducing the price – “New and improved pricing”) and end up selling for much less than they would have had they priced their houses competitively.

When the Buyer “WINS”, there’re often MANY condition issues discovered during the home inspection which invariably lead to cash concessions or contract termination . . . which means going back on the market “MARKED” by that label “Back on Market” which often causes many buyers not to consider because: “If it’s stale, there’s gotta be SOMETHING tragically wrong with the house.”

Listen to your Realtor and be eager to do whatever you Realtor advises you to do WITHOUT cutting any corners (Short of rehabbing the whole house.)

If the list of things to do are overwhelming and/or are not feasible given your financial situation, price the house accordingly and move on.

So . . . In ANY market – Buyer or Seller – Home sellers MUST “Pay the piper” when it comes to condition and/or price.

You are most likely choosing to move for a personal reason . . . Likely a lifestyle change. Don’t delay the turning of this important life page by getting greedy WRT condition and pricing when selling your house.

Full Moon Festival in Owen Hollow

We had our first “Full Moon Pickin’ Party” a few weeks ago.

October 2, 2020 will be our next one @ 6:30-10

Seems the title threw many folks for a loop . . .

Not knowing what a “Pickin’ Party” is proved to be a limiting factor in the attendance. Some folks asked what we were picking . . . cotton or vegetables, and how does that relate to the full moon rising?

Others had visions of banjo pickin’ bluegrass and were thinking that their kind of music might not be appropriate.

Lesson learned, so I’ve edited the title to be “Full moon Festival”

This is an informal circle of chairs (Maybe around a campfire) to celebrate the Full Moon. Some folks will bring musical instruments – Guitars, drums, fiddles, ukuleles, flutes, Singing voices . . . any (Acoustic) instrument.

There will be lots of conversation and making of new friends as I am inviting quite a diversity of people from work, neighbors, family, and friends.

I have 14 folding chairs, so you might want to bring a more comfortable chair.

We will have a few tables for sharing of food – Bring something tasty to share and your own beverages.

Given the people who come, odds are decent that music, singing, conversation, and laughter will fill Owen Hollow with joy.

If you’re coming, let me know, so I can be ready with some “Event Preparation”

Follow this link to the Facebook Event

I look forward to welcoming you to Owen Hollow 10/2/20

https://www.facebook.com/events/598310917440841

PS – You can come early if you want to explore the Holler ๐Ÿ™‚

If it’s worth doing . . .

It’s worth doing well!

After 27 years of being a Realtor and member Of Greater Nashville Realtors . . . faithfully serving on many committees (professional standards and Professional Development), I decided to step up and run for the Board of Directors.
Why?
I believe THIS is the perfect time to be part of the solution for the myriad challenges we Realtors are facing daily. 
Greater Nashville Realtors, TN Realtors, and National Association of Realtors have been awesome defenders of our Livelihood and the American Dream of Home Ownership. 
My reason for wanting to serve on the board NOW is to do whatever possible to improve the quality of life for our members . . . This requires us to defend our livelihood, be consummate PROFESSIONALS . . . AND we must take care of our Self  so we can be fully present for those Home Buyers and Sellers we serve. 
So . . . I and 5 other amazing Realtors have made it to “The slate of Six” . . . 4 of us will win a seat on the Board of Directors for 2021. I want to be one of those 4 new directors because I believe the next few years will be pivotal, and I believe my service will make a difference for all Realtors.
Beginning tomorrow morning 9/10/2020, I’m opening a zoom meeting EVERY Thursday @ 9:30 entitled:Middle TN Realtor Idea Marketplace  Join Zoom Meeting
https://us02web.zoom.us/j/6155022080  
This will be a LIVE sharing of ideas, issues, opportunities, relationship building.
What is “scaring” the average agent these days, and how can we help them cope?
Will you join us?
For me, this boils down to 3 “Pillars” with each having 3 essential foci.
Livelihood – RPAC – Local Niche – Relationship
For sure – All Realtors feel like the existence of our livelihood is under attack from all sides – Internet, Local, State, and National government, and onslaught of class action lawsuits. I believe our Local, State, and Nashville Realtor Associations combat these assaults on our profession with RPAC – Circling our wagons around our NICHEs (Real Estate sales is LOCAL) – and a campaign of Building STRONG, cohesive relationships. 
Professionalism – Ethics – Etiquette – Cooperation
As our numbers grow and digital business continues to proliferate, Broker “Supervision” becomes more “diluted” and more essential. We need strong emphasis on the ETHICAL practices of our members . . . and then add a measure of defining “best practices” regarding Etiquette as our Principal Brokers and agents work together and with our clients . . . and a SOLID mantra of Realtor to Realtor (Clear) cooperation
Personal Well-Being (Life Rhythm)
 – Mind – Body– Spirit
Many of our members are living toxic lives . . . Literally killing themselves Mentally, Physically, Spiritually, socially, emotional – This works together with the professionalism. How can we call ourselves “professionals” while working 24/7/365?  
What do I get out of this? 
I can become a smooth conduit for news of things happening “in the trenches” and together we can solve LOTS of problems
If you’re a member of Greater Nashville Realtors, I hope you’ll vote for me in the October electionb
Middle TN Realtor Idea Marketplace
Time: Sep 10, 2020 09:30 AM Central Time (US and Canada)

Join Zoom Meeting
https://us02web.zoom.us/j/6155022080

Meeting ID: 615 502 2080
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b
Let’s GO!

Barry Owen
CEO/Principal Broker
Paretoย Realty, LLCย \pษ™-หˆrฤ-(หŒ)tล\

I coach and support the โ€œVital Fewโ€ agents of Pareto Realty in their pursuit of building and growing consistently productive niche businesses as they enjoy the healthy life rhythm they want and deserve.

When You’re Never Giving Enough

Are you a Giver?

Are you a Healthy Giver?

Indeed, giving is noble and humbling when our gifts are received with gratitude.

We givers don’t give to receive recognition . . . Most of us do this with anonymity.

Is it possible to give too much or too little?

Who’s the judge of gifting parity?

Social and peer pressures come from all sides hoping to take our time, energy, and/or money.

NO ONE knows how much you give each and every day because you are giving to, what you consider to be an important (worthy) recipient of your charitable contribution to their cause.

Grant Hammond wrote this on his FB Timeline yesterday – It gave me pause

If you are a ๐™œ๐™ž๐™ซ๐™š๐™ง, please learn your limits because most ๐™ฉ๐™–๐™ ๐™š๐™ง๐™จ don’t have any.”

As with all things (opportunities) be intentional – Follow your Heart – and save some for yourself.

In all charitable endeavors, Spirit is important.

More about this in this morning’s (long) Barrys Drive Time Video

Givers and takers

Posted by Barry Owen on Friday, September 4, 2020

Re-Start your Mind

Yesterday, I took a “Mental Health Day”

Yep! I woke up feeling mentally scorched . . . barren

I sent a message to my team that I would NOT be in the office and that I would be unreachable.

It’s good to unplug every so often to rejuvenate our MOJO, isn’t it?

Why don’t we practice this more often?

I busied myself the entire day with mindless “work” . . . without speaking a word for hours.

This is a way of decompressing that is very effective to quiet and re-set your mind to summon new energy and perspective on your work.

Seriously – It’s like a “Sick Day” for your mind.

Try it!

I think you’ll like it.

I ended the day by having some friends over for the 1st EVER “Owen Hollow Full Moon Pickin’ Party”

We decided the Pickin’ Party is worthy of making a habit of it, so . . . On the Fridays closest to the Full Moon, we’ll gather in Owen Hollow and play and sing and laugh and savor the beauty of the great outdoors. If’n you’re in the area, join us!

Hope today is awesome for you and wishing you a great Labor Day Weekend

Always look on the bright side of life ๐Ÿ™‚

I spoke more about this in today’s Drive Time Video which I broadcast every working day on FaceBook LIVE . . . while driving from #OwenHollow to #ParetoRealty – Usually @ 6:45 AM

It's a wrap

Posted by Barry Owen on Thursday, September 3, 2020