During times like this, I am so grateful to be a part of one of the best companies on the planet, where education, coaching, connectivity and mindfulness are a continual focus in good times and bad. Last week I was fortunate to connect with other KW agents around the world via multiple zoom meetings, a number of private social networking groups and more. Our office had a Zoom with a panel including some of our most experienced agents, and 94 agents joined the meeting. There were high-minded meetings with thought leaders in other parts of the real estate and mortgage industries as well. I even got to spend 40 minutes watching a private Zoom Q & A with Dr. Michael Roizen of the Cleveland Clinic (Oprah’s doctor) thanks to Barry Habib of MBS Highway (the premier market analyst in the mortgage industry). It’s amazing to see such collaboration of professionals lifting each other up, sharing insights and supporting one another.
I share this because I think it’s important for you to know that if you have any questions at all during this very, very difficult time related to real estate, in any way, you can ask me knowing that I’m working probably harder than I’ve ever worked, dedicating 60%-70% of my days watching, listening and analyzing every bit of relevant information I can get.
Probably the majority of my intake last week was not directly related to real estate, and I heard a lot of things that I think are worth sharing that are simply focused on how we can be our best selves during this very difficult time.
Granted we’ve all ready and heard a ton of this info already. Here are few things I heard that you may find helpful but maybe have not heard or considered…
Don’t’ Dismiss Anyone’s Fears
There is a lot of fear and anxiety. People are processing this in many different ways, and they are all valid.
Beware—This Week Could Be A Trap Week
When things like this happen, oddly enough, there’s a bit of energy from the initial challenge of the reset. But then a week or so later, fatigue starts to set in–mental, emotional and physical fatigue. For some, the feeling that this situation could be insurmountable may begin to creep in, and that is when panic and fear threaten to start taking over and people start making bad decisions. When your mind starts trying to tell you things are hopeless, try this:
- Relax. Just breate and relax. Your mind is in overdrive and you need to slow it down.
- Acknowledge what’s happening, but resist the temptation to get pulled into that dark place, because it can lead to nothing good.
- Turn away from it. Then get some endorphins going. Go for a run, a hike, clean a bathroom—anything that gets you moving and feeling productive, that you can draw energy from. This is a hard choice for some, I get that. But it is always a choice. And it’s the only good one.
- Get back to focusing on what you want your days to look like during this time, which leads to…
Keep a Routine/Follow a Schedule
Not all of us, but many among us will have more time on their hands, and the temptation may be to slide into spending the days worrying and watching the news too much, thereby frittering the days away accomplishing very little. Creating a schedule for the next day could be a great way to make sure that doesn’t happen. FOCUS on the most important things you can do each day.
If you like this idea, consider using this tragedy as an opportunity to reset into better routines for when things ‘return to normal’ — routines that better reflect who you truly want to be and how you truly want to live.
Journal For Reflection
An agent on our panel, when discussing getting through this tough time, said “I wish I could sit down right now and read my journals from 9/11 and 2008, but I didn’t journal then.” I thought that was pretty powerful. Some things you only have one chance at, and I do believe that without reflection, growth is limited, and one of the biggest points of journaling is to force reflection. I’ve toyed with this a bit recently, but admittedly have not stuck with it on a regular basis. This made me think about that.
I know this isn’t new—it’s such a popular word in today’s lexicon. Let us not overlook its power. It is so important to stop and recognize that even in the worst of times, we have things for which we can all be grateful. One thing I’m grateful for right now is the opportunity that this tragedy provides to do the reset above—I’m going to have to look at that and start asking some questions.
…Meanwhile, The Market is Still Humming
Finally, it may surprise you to hear that as we leaned into the weekend, the market continues to look pretty robust. New listings and “coming soons” are easily out-numbering sellers pulling their unsold listings off the market. Multiple offers and quick sales are still rampant. (That townhome I mentioned in my last blog that I was listing sold within a matter of a few hours in multiple offers, over list price.) Looking ahead to this week, I know several agents who have appointments with potential sellers. Some will probably be over Zoom, mind you. The point is, even in the face of challenging times, there are always people who need to buy and sell now, for whatever reason. I still have buyers actively looking, although we are being a lot more selective about choosing homes to actually go look it in person, as are most of the agents in my office. Virtual showings are probably going to out-number live in-person showings this week. And title companies are now scrambling to put in place new procedures that can allow for remote closings—I could see these changes stick post-pandemic, and if they did, it would drastically improve the efficiency of the closing process.