Real estate is an interesting line of work. It’s a new day every single day, keeping you on your toes and always working on the next thing. It can be a lot of fun, meeting new clients and taking on new challenges. But sometimes things can take a turn and leave you feeling defeated.
A little while back, one of my clients lost out on a home from 6 competitive bids. They wrote $25,000 over asking price; paid a $1,000 nonrefundable deposit; and 20% down conventional. The home was a bit dated and needed some work, but this is typical for home in a northeastern neighborhood in Grand Rapids. Unfortunately, my client and I lost to an offer which was written above ours, waiving the appraisal contingency
I wrote of one of the best purchase agreements I could and got everything I could have asked for from my buyers, but we still couldn’t succeed. To make things worse, this was at 8:30 p.m. on Mother’s Day and my wife, Amy, just wanted me to spend time with her. So what did I do? I stopped working and spent time with Amy. We watched a movie together and talked about the stress involving real estate and my clients.
Today, I put that offer behind me and work on the next thing. The real estate market moves in so many directions: up, down, even sideways. The constant is the stress and toll it takes you, and even on your families. I believe the difference in those that “make it” and those that “crack” are those that find a healthy outlet. For me, it’s the lake, exercising, Amy and my boys, and my faith (and gummy worms).