Ozaukee & Washington County Real Estate: Getting to That Point of Letting Go and Moving On

Find out more about Ozaukee and Washington County real estate, including the cities of Grafton, Belgium, Cedarburg, West Bend, Jackson and Germantown.

Getting to That Point of Letting Go and Moving On

I admit it. I have a hard time letting go. Personally. Professionally. I hate letting go. Makes me feel like I failed or am giving up.

So when one of my listings nears its "expiration date," I typically contact the sellers a couple weeks before and ask for the opportunity to continue working with them. That has how it has always been for me. Until now.

This world of real estate has changed considerably over the past several months -- it's been a whirlwind of different challenges. And I've learned that there is only so much I, as the listing agent, can do for my sellers.

Success Failure

I can communicate with them on a regular basis and inform them of current market conditions, the competition's prices, the recent solds, short sales and foreclosures. What they do with that information, is their choice.

I cannot force them to adjust the price even if it is clear that needs to be done to get the home sold. I cannot force them to make repairs or minor updates even if those issues are brought up multiple times in showing feedback reports. I cannot change what is happening in the local market.

And I cannot make them respond to my emails and voicemails.

What I can do, however, is choose where to focus my time and energy. I can choose to put my time and effort into those listings whose sellers do understand and accept the current market conditions. I can choose to work with those sellers who, as disheartening as it is, know that to get their house sold must adjust the price to make it compelling to a buyer.

And so that is what I am choosing to do.

Letting go -- it doesn't have to mean failure or giving up. It can mean I am choosing to do what is best for me and my business.

 

Peggy Wester
Phone: 262-370-1757
Email: pwester@realtyexecutives.com
Website: peggywester.com
Blog: peggysblog.com


Peggy Wester - Realty Executives Integrity

Comment balloon 8 commentsPeggy Wester • August 08 2010 09:36PM

Comments

Well said, Peggy.  If you give your  best advice and your seller clients do not heed it, they are in for a long, strenuous attempt at selling their home.  Good for you for being able to move on!

Posted by Kathryn Acciari, RSPS, SRS, REALTOR(R) Sturbridge-Shrewsbury MA (Cameron Real Estate Group) about 8 years ago

Feel good that you did your best explaining the way it should be.....if the seller doesn't listen then they will learn but only way down the road....

Posted by Dennis Duvernay Broker/Owner (Hillview Realty) about 8 years ago

Peggy, you're absolutely right in determining where and when to spend your valuable time and effort.  Sometimes you can't help folks who don't want to help themselves and you need to cut your losses (versus quitting)!

Posted by Kent Dills, Real Estate 817-495-8028, Bellingham, Washington (Broker, Dills Real Estate) about 8 years ago

Kathryn -- Thank you! It sure has taken me a long time to get to this point, but it's feeling pretty good!

Dennis -- I know you're right. Thank you for your kind words.

Kent -- Exactly -- sometimes you do have to cut losses. It can be a tough decision, but the right one in the end.

Posted by Peggy Wester, Real Estate Agent Ozaukee & Washington County (Realty Executives Integrity) about 8 years ago

Well said Peggy.  I try to remind myself when I am using a professional and then second guess them, "if I hire a professional, why wouldn't I take their advice?"  for some reason, people listen to us, but for some reason think their situation is different. 

HAVE A GREAT WEEK!

Posted by Pat Tasker, Your Milwaukee Metro Area Agent (WI) (Shorewest Realtors) about 8 years ago

Peggy... good luck.  It is often very hard to let go... both in personal life and work. 

Posted by M A about 8 years ago

I agree, it's always hard to let a listing go.  It's even harder when you try your best on a short sale and it still heads to the courthouse to be sold.

Some sellers are just a dream to work with, others?  not so much :)

Posted by Michael Collins, CDPE, SFR , Wisconsin Short Sale Specialist Realto (*ROCK REALTY|Broker|Realtor|Real Estate|WI Short Sale Agent*) about 8 years ago

Pat -- Exactly. I have to say, though, that this "letting go" sure feels good, especially knowing in your heart of hearts that it is the right thing to do.

Martin -- It is hard -- but once you get past that initial struggle, can feel really good!

Michael -- You sure got that right. But I have to say no matter how difficult the situation, I always do learn something from it! :)

Posted by Peggy Wester, Real Estate Agent Ozaukee & Washington County (Realty Executives Integrity) about 8 years ago

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