The Early Bird – And All That Stuff
Yah, yah, the early bird gets the worm. You snooze, you lose. First come, first served. A day late and a dollar short. I am not a morning person. I repeat, I am NOT a morning person. If you know me well, you don’t call me before 9:00AM. I get my second wind at about 9:00PM and could reorganize my entire closet until 2:00AM. So why did I join a business networking group that met once a week at 7:00AM??? (I asked myself the same question for 10 years…) I did it because I wanted to grow my business and be successful and I knew that group could help get me where I wanted to go. And it did.
Procrastination is a deadly habit. It kills dreams. It kills motivation. And it kills success. In the world of real estate, if a Buyer waits to call a lender and they don’t have a pre-approval when they want to write an offer on a house, they probably will not get the house. I’ve quoted him before but, my business coach says, “If you have to sleep on it, you probably won’t sleep in it.” If a Buyer waits to go see a house, or has to ask all their relatives, or they want to see a few more houses first, or, or, or… In this market where houses are under contract in one day and many receive multiple offers, there is no time to wait.
As a Seller, if you wait to call that contractor, handyman, or painter to do the few things you need to do to get your house ready to sell, they are likely going to be booked up and you will wait weeks before being able to put it on the market and possibly lose your best selling window. If you wait for a “better offer”, it may cost you thousands of dollars or a sale altogether. If a Seller waits to respond to an offer and misses a deadline, they run the risk of losing the Buyer.
Even when you are under contract to purchase a home, if you procrastinate and miss deadlines you can lose the deal or pay some serious consequences. For instance, did you know that if a Buyer misses an inspection period deadline they must purchase the property AS-IS, with no repairs?
Bottom line is, we are all busy. We all have a million things vying for our attention. However, if something is important to you, you have to set the alarm, look away from social media, and get it done.
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.