“There are no secrets to success. It is the result of preparation, hard work, learning from failure.” – Colin Powell
I have learned more through blogging than I could have ever imagined when I joined this organization in September 2008. You see, I returned to the real estate industry in August 2008 after spending seven years as the Director of Marketing for one of the largest security firms in the United States. To me, blogging was a marketing tool that could be assigned to customer care, sales and public relations departments as an assignment to produce lead generation and periodically review the progress of the production. From a distance, it was a source that I should consider using at some point down the road as I transitioned back to my old stomping ground of real estate but I had my plan in place.
My good friend, Connie Harvey, invited me to join AR and raved about the results that I would get if I gave it a try sooner than later. I want to thank Connie for giving me excellent advice. My plate was full branding my name by following my structure and outline of what I thought would be the best path to achieve market force within my targeted sphere – and now I have added blogging and dedicated myself to visiting AR each day. What would I gain from this?
I wish to acknowledge that I was wrong in determining the value and parameters of marketing concepts and neglecting blogging as an immediate need. I have gained not only amazing networking contacts, referrals, and local recognition, but also a better understanding of real estate by reading and communicating with this high level of professionals that are members of AR. Through your experiences and suggestions I am better prepared for situations that may arise in my daily business.
Why am I sharing this with you today? With this post, I have surpassed the 10,000 point mark with Active Rain. These 10,000 points are more than just rankings and assistance with positioning. These points reflect knowledge and lessons learned thanks to professionals like you!
All the best – Kenneth
These past months I have been playing a lot more tennis than the past few years. I now have the spirit again and decided to enter a couple of tournaments this month in Knoxville and Memphis but was surprised to learn that I was still rated a 4.5 when I attempted to enter. Needless to say I did not enter either tournament. I went through a lengthy process of appealing my rating so I can enjoy tournament play but the USTA would only lower my rating to a 4.0 (which I am grateful for there review). You see, I will be 50 years old this year and have bad knees (one knee replacement) and I am definitely not the player I use to be.
Going through the appeal process I realized that I have been playing tennis for 35 years (since I was 15 years old) and I reflected how this has been my main outlet of not only entertainment but a great stress relief. Over these years, I have gained many friends that I would not have known any other way except through the tennis community. Boy, the years have flown by!
Even though I wish to begin to play tournaments again it is no longer the competitor in me but the blessing that I can enjoy this sport after all these years. I look forward to playing my age group of 50 for the first time this year and also will play the 4.0 level (even though I think I am a 3.5 at this point). To all of you tennis players, young and old, get out there and have fun – bad knees and all! The years go quickly…
There were 974 home closings reported for the month of January, according to figures provided by the Greater Nashville Association of Realtors®. This represents a decrease of 40.7 percent from the 1,644 closings reported for the same period last year.
“The real estate market in Middle Tennessee is clearly feeling the effects of the national economy,” said GNAR President Mike Nichols . “This is the first time we have had fewer than one thousand closings in one month since February of 1994. The Greater Nashville area was slower to feel the full impact of the current national economic situation, and we are traditionally on the early side of recovery, but right now the market is slower than anyone wants it to be.”
“The standard formula items, such as interest rates and available inventory are all positive. However, when people don’t have jobs, or don’t have confidence that their jobs are reasonably secure, they are not likely to purchase homes or other significant items. Perhaps the passing of the stimulus package this week will initiate an increase in consumer confidence, but it is likely to take some time before the market really shows solid signs of recovery,” Nichols said. “It does appear that rents have increased, so once people begin to feel confident again, it will make even more sense for them to consider the purchase of a home rather than continuing to rent.”
There were 1,282 sales pending at the end of the month, compared with 1,924 pending sales at this time last year. The average number of days on the market for a single-family home was 89 days. The median residential price for a single-family home during January was $165,000, and for a condominium it was also $165,000. This compares with last year’s median residential and condominium prices of $179,900 and $158,890, respectively.
Inventory at the end of January was 22,509, up from 21,952 in January 2008.
“Inventory is actually down in every category but farm, land and lots,” said Nichols. “That is an indication that land available for development is not being purchased, as the need for new homes is limited in light of current available inventory and sales activity. There is a good selection of homes available and ready for those interested in buying now, or for when consumer confidence strengthens and sales activity increases.”
Source: Greater Nashville Association of Realtors, Press Release 020909.
“Happiness is a perfume you cannot pour on others without getting a few drops on yourself.”
Ralph Waldo Emerson – American Essayist
I just came home…it was a long but good day in my real estate world here in Nashville, Tennessee – yet I still have paperwork to complete and need my second wind. One of the techniques I use for motivating my drive to move forward is to read inspirational quotes.
Here are a few for you to enjoy
“Simply the thing that I am shall make me live.” William Shakespeare
“If you’re not designing your own obsolescence, someone else is.”
“…to exist is to change, to change is to mature, to mature is to go on creating oneself endlessly.” Bernard Berenson
“History’s lesson is that we must look far beyond the immediate impact if we hope to anticipate what far-reaching consequences it will have.”
“Insanity is doing the same thing over and over again, expecting a different outcome.”
“Failure is the refusal to give up what you don’t need.”
“Trust does not produce accountability. Accountability produces trust.”
“Some allow circumstances to determine their situations. Others affect circumstances and determine their own situations.”
“Next to love, balance is the most important thing.” Coach John Wooden
“Those who harness the force of the market achieve prosperity.”
“We must not be forced to apologize for the market’s ruthless desire for immediate satisfaction.”
“When given the opportunity to speak, don’t waste it with what’s on your mind. Voice your offer.”