I might be aging myself, but, did you ever play “Hot Potato” as a kid? You know the song, “One potato, two potatoes, three potatoes, four, five potatoes, six potatoes, seven potatoes, MORE!” You would pass an object around a circle as you chanted the words and the one holding the “potato” when you yelled “more” was out. Everyone wanted to get that object around as fast as they could – almost frenzy-like. Emotions could run high in a competitive game of “Hot Potato”. Some kids got mad, some kids were sad, and some kids were downright mean.
That’s how I feel about the real estate market sometimes. In a hot market like the Nashville area has experienced for some time now, some people get a bit frenzied. They have been caught with the hot potato more than once and have yet to get an accepted offer. I’ve had people yell, cry, and others get downright mean…hmm…reminds me of elementary school.
Now, before you think me callous, I know it’s stressful. I know emotions are heightened. I understand that for some, they have to find a place to live – and pronto. These are the things that a great Realtor helps you prepare for. Sometimes, we just need to chill out for a second, calm down, and breathe. I bet most of us have friends or family that would let us crash at their place if we were in a bind. In my experience, when we get frenzied, things go awry. Details get missed, poor decisions are made, and that results in more stress.
In hot markets it’s easy to lose perspective, but do what you can to stay focused on the result you want and being patient until it’s right. Don’t get caught up in emotion that can cause more turmoil in the end. Hire professionals and trust them and if you get caught with the hot potato, pick yourself up, dust yourself off, and get back in the game.
Michelle Froedge is a residential Realtor and Principal Broker in the Greater Nashville and Williamson County areas of Tennessee. “Mom” to four-legged fur baby, Tyler, Auntie to Zelamie, she is a vegetarian and sings in her spare time. Michelle has lived in Nashville and Franklin since 1997 and has been selling homes since 2004.