The COVID Effect

I’ve been thinking lately about how much COVID has changed things. On one hand, I really appreciated the shift to more efficient meetings. The elimination of travel time and commute allowed me to participate in so many more events, esp Realtor weekly updates. I really felt like I was taking advantage of so many more knowledge bases and resources.

Even when I have client zooms, it’s so helpful to be able to view the same properties together online and for me to share data and stats and graphs. Of course, when I used to have in-person meetings, I would book an office space and project that info on the screen but so many times, people would flake last minute and I’d be there all dressed up and set up twiddling my thumbs. Now if people flake (They still do, welcome to the modern era!) at least I can easily pivot back to what I was working on. I also like that I’m able to see people’s faces online. Sure, there are a bunch of studies about zoom fatigue and the detrimental effects of close up focus but eh. Ultimately, I embrace this technology and this form of communication.

John has commented a few times though that COVID has made me less social for my friendships. Maybe that’s true. I find that work has really picked up, so I’m easily having calls/zooms with several people per day and that eats into my overall battery for social interactions.

Which kinda brings me to a realization. All my past personality tests revealed me to be an extrovert by nature (although I’m borderline). But now I find I need my down time. It’s no longer energizing for me to connect with so many people. I like having my decompression time.

I think I’ve been lucky though: I’m in the business of still having to talk to and see people. So even in the most isolating of pandemic times, I’ve still been forced to get out and interact. There are certainly challenges with the face masks and limited body cues, but I’m continuing to learn. I think one important skill I still really need to hone is evaluating people. Seriously. Who’s’ ready, serious, decisive, smart, AND coachable. Too many times I’ve been burned trying to take on a challenge. Trying to identify my learning moment. Fucking showing 4-5 dozen homes only to realize in the end that the buyers STILL won’t adjust their budget/criteria to the current market. That’s my mistake.

In those times, I was a stupid, overly optimistic person. I wanted to believe that the default was: people will see the data and learn. Nope. This damn valley is full of self-confident, know-it-alls. If there’s a deal (a needle in the haystack) to be found, they are CONVINCED they are the ones to find it and win it. And so what you actually end up with is people who gather data ad nauseam and don’t know what the hell to do with it. A year later, prices are up 30% and they still haven’t won a house. Seriously. It’s time to shit or get off the pot, people.

The other day, I was explaining to a couple how competitive this market is. 10-20 offers and on AVERAGE 10% above list price. I advise that they get their loan docs fully underwritten to improve their positioning. What’s the response? A full run down about how they are dual income techies with solid salaries and no debt. Yeah, I know. AND join the club. You’re wanting a $1.6m home for a $1.2m price point. You are steadily employed with perfect credit, yada, yada. At the end of the day though, you want a home at a price point that doesn’t exist. And truthfully, the valley is chock full of people with loads of dough. I’m telling you. I had someone provide their bank statement with $21m in it. Those people are competing with you on that home that’ll go for $1.6m. And you’re telling me you will only pay $1.25m BUT you’ll remove contingencies. SMH. That’s what I’m saying. Are you coachable???

Here’s the thing: I know this market is cray. I know these figures are insane. I know! But my job is to get you ramped up to win. I ain’t about writing a gabillion LOSING offers. That’s a waste of your time and my time. Again, this market isn’t for everyone. Please have a better understanding of yourself (perhaps COVID has warped some brains), and let’s work on getting this shit done.

But I digress. The nature of my job can be pretty fucking exhausting. No doubt our population is highly educated and strongly skewed towards data heads. The irony is that that kind of profile doesn’t necessarily make my job easier. But like I said, I can be an optimistic and sometimes gullible/naive person. I’ll still plug away longer than a regular agent to try and make magic happen with you. Shrug. I can be masochistic that way.