One of the great things about my day occupation is that I get to associate with 120 of the finest REALTORS that are in Louisville. It is my job to help them advance their business plans using technology, and I love doing it. 120 business plans provides me with more than a few opportunities to laugh at myself and enjoy humor with others as we experience this wacky world of real estate.
So without further ado, I have compiled a few of my favorite personal Real Estate diseases (yes–I am building it over time) to help those who may be new to the industry understand the REAL disorders that come from a life of real estate sales.
Silver Bullet Syndrome-The innate feeling that if you can just copy what someone else does by getting someone else to replicate their work, then you can enjoy their success without putting the creativity into it. This disease originally stemmed from advertising and people copying other agents’ ad copy. The internet does not work that way. There IS NO silver bullet and many agents die in the desert looking for that mirage.
Familius Interuptus- That simultaneous feeling of joy and and dread that usually comes in the springtime with the success of your marketing campaigns with its corresponding increase in business, children’s end of school year activities, and the spouse (parenthetical note–yes the one who was upset because you DIDN’T have business a month ago) who does not understand why you cannot get to everything AND have “quality time” with them.
OMG Syndrome-The annual feeling of dread in the fall that the buyers have gone forever and will never return. This condition is made worse by the worrying spouse and national press announcing the official end of real estate industry as we know it. Symptoms range from mild irritability to outright paranoia and fits of rage. Somewhere in these fits you will utter (or think) the words “OMG–Why exactly did I get into this business in the first place???” Increased use of expletives is another sure sign.
Multiple Stream Dysfunction Symptoms include a gnawing empty feeling in the pit of your stomach when one of the streams of income you have so carefully laid unexpectadly dried up. Especially common with builders suddenly moving their business in “a new direction”. Another common form is a friend in the same social circles as you poaching on your sphere of influence.
Technophobia-Actually this disease is misnamed. It’s true name is Technitis. This malady affects ALL of us. It is not the fear of technology, but rather the frustration WITH technology not doing what you want, even though you have a CRYSTAL clear vision of what it is that you want. The itis comes from the inflamation in your brain as you curb the desire and urge to take a hammer to your computer and/or computer guy/technologist.
NOTE: Treating this disease can be life (or career) threatening. Trust me on that one. Your prescriptions BETTER be good and they BETTER make the symptom go away QUICK! (grin)
Spousal Dystrophy-This is the advanced case of a spouse not understanding the vagaries of the real estate business and all of the stress associated with it, The cure for this usually works out to be one of three things…becoming single again, “helping” the spouse see the light or the best way…have the spouse get licensed and joined the team. That way they see the symptoms first hand and you can conquer them together. My observation is that this happens a lot.
SEO Tunnel Vision-This is one that I have been personally afflicted with. A severe disease. what makes it so difficult to overcome is that it makes money short term. It is as addictive as gambling, but something your wife is OK with since you make more money with it. The only known cure is to focus on the QUALITY and conversion rate of your blogs / sites and in everything that you do.
If you ask what the EXACT symptoms are so that you can see how far you can go before being infected, too late–you’re a goner.
Newspaperitis- The chronic use of newspapers just because they worked several years ago and an agent has not developed a script or listing presentation teaching their clients how truly ineffective this method of marketing is. Symptoms of this include expenditures WELL into the five figure range on newspaper ads and the associated discomfort with the wallet lightening that accompanies it.
Coachus Myopius- The shortsighted notion that one coach alone has all of the answers to “get your business to the next level”. The symptom of this is someone spouting (Insert coach here )-isms all day as a solution to world hunger, malaria, political strife and yeah…the real estate market. The cure for this is the realization that good coaches teach correct principles and the secret is APPLYING the principles in a very disciplined and diligent way. FTR- I really do listen to the coaches and think that applying the basic tenets of what they teach is useful…
Oh by the way, I am NEVER to busy for your comments and additional diseases!
Jim Gatos says:
Good post, and you hit on a couple of true points here… I especially agree with the “Coachus Myopius”… I used to have Buffini’s coaches for a couple of years. I sat down one day and realized it wasn’t the coach, it was the seller’s market. “Bye Bye, now…” is what I told that coach…
November 27, 2007 — 6:49 am
Eric Blackwell says:
Jim–
Thanks for the kind words…I really wasn’t trying to poke fun at Buffini, Ferry, Brinton, or really anyone in specific..I was merely trying to get at the fact that applying the principles on many does far more than espousing the doctrines of one vs the other.
Pleased to meet you!
Eric
November 27, 2007 — 6:56 am
Kathleen Couch says:
Eric,
I love your use of humor in pointing out how anyone can get stuck in doing things the way we used to even though times have changed.
November 27, 2007 — 8:14 am
Jeff Brown says:
Eric — pointing out agents’ wives often create ‘dead if you do, and dead if you don’t’ scenarios is, uh, brave. ๐
One agent, long ago, said he’d solved that problem.
He’d had it at home, so he offered her a choice: The great money, or him.
He remarried a few years later — a little poorer, but a lot wiser. ๐
November 27, 2007 — 11:32 am
Eric Blackwell says:
@Kathleen-Thanks much. Checked out your blog. Nice work!
@Jeff — (grin) just to be clear, I was SPECIFICALLY not gender specific (but you’re right, it IS kinda taking your life in your hands). I’ve been lucky enough to have 18 years of marriage and 4 kids,and I have been fortunate. This business can certainly apply the stress at times!
There is give and take–mostly give…(grin) I wear the pants (but they are the ones that she tells me to.
November 27, 2007 — 1:47 pm
Bill Leider says:
Eric,
Please invent a cure for Newspaperitis. A script for Realtors to use, a magic potion, something.
I have never seen seemingly brave people (Realtors) turn to jelly faster than when they are asked,”Why do you continue to spend so much money on the least effective kind of advertising?” The predominant answer I keep hearing is, “Cause the clients want it and I’m not going to argue with my clients.” I cannot, for the life of me, reconcile that response with being a true professional who can guide clients to the best results in the most cost effective way. Drives me crazy.
November 27, 2007 — 2:55 pm
Bill Gassett says:
Eric – I sure am glad I don’t have too many of these diseases ๐ I certainly do recognize a few of them though. I like the newspaperitis! I am sure glad I cured myself of this one a few years ago. I seem to be afflicted with the SEO tunnel vision at the moment.
November 27, 2007 — 6:21 pm
Gavin Anthony says:
Good stuff! Sometimes the first step to curing maladies is to laugh at our own dysfunctions. Great advice to get the spouse involved, heck, get the kids involved too and solve two conditions at once. Newspaper and paper in general is bulky and expensive, we need to decrease the carbon footprint. With technology we can touch more people for less cost, do it in less time, and itโs a greener way to go.
November 27, 2007 — 11:33 pm
Patrick Hake says:
I have an ongoing argument with 80% of my office regarding “newspaperitis”. At some point before I joined the office, everyone decided to create a coop ad in our local paper. It works out to about $30 per month per agent.
In the six months I have worked at this office, I don’t think anyone has received a single viable lead from the ad. The only benefit I can see from it might be for PR and recruiting for the brokerage.
I am now $180 poorer and have nothing to show for it.
I really think most agents hold onto it, because they can barely send an e-mail, let alone write a blog or develop a viable website.
This same mentality can be seen when agents fork over thousands of dollars for shopping cart ads, bus benches and billboards.
It seems as though most agents are too focused on advertising and not focused enough on prospecting.
But then again, “If you close just one deal, the ad will pay for itself”.
November 28, 2007 — 10:10 am
Eric Blackwell says:
Since it seems that newspaperitis is the ailment du jour, I think it prudent to develop an effective elixer…
It seems that the potion will have to be locally specific to cure it, I’d think. (grin).
Working on it…
November 28, 2007 — 10:22 am
Mike P. says:
Tackyagent Disorder.
I got a Christmas card from a family member the other day. Nice card with a pix of the Fam and personally handwritten. What’s this on the bottom of the envelope…a real estate agent business card, one with a magnet glued on the back.
November 28, 2007 — 11:56 am
Wayne Long says:
Eric,
I have been afflicted with all of these at one time or the other.
My wife is the one who got me in the business so that I could experience the stress and sometimes extreme highs associated with the Real Estate business.
It is an interesting business. Thanks for your humorous insights. ๐
December 2, 2007 — 5:36 pm
Mike Dammann says:
OK I admit to Technitis. Funny thing is that people everywhere assume I know about computers. I don’t and I don’t care about how they work or how to fix them.
I use computers, I don’t build them or repair them.
It’s like asking a telemarketer if he can repair your phone or assuming my dad fixes televisions because he watches TV all day.
So if anyone of you ever has a computer problem. Don’t ask me, I do SEO and I doubt that your local repair man can outrank me. ๐
~ Mike
April 18, 2008 — 11:09 am