Thursday, September 11, 2008

Cowboy Real Estate--Step back and Take a look at your Resources

Back in the early nineties the Real Estate market was just rolling along at an even keel not much happening, not much fluctuation. I went along with another Broker to a listing appointment, as It was closer to my home than the listing Broker, and It was a Horse farm.
I am not an authority on Horses by any means. In fact, rather than use horses the old traditional way to gather up cattle I used the low stress approach, of a feed sack, and as long as the cattle were familiar with me, it worked pretty good. To me even though I defiantly qualify as a real cowboy, as far as I was concerned you can leave the horses over in the next county on a horse farm, as that way I won’t get kicked, bit, or run under a clothes line , but that was all in the past and a different story and I’m getting off the subject.
We pulled in the driveway and Bob, the Broker who was taking the listing started telling me the background story of the place. Seems as though a divorce was involved and the wife was selling the place to move into town.
We pulled up to the house and a nice lady came out to greet us .As introductions were made, we went into the house to look at it and find out a little more about what the motivation for the sale truly was. It seems that this place was her lifelong dream, and it was just tearing her apart to part with it. She went on to tell us about her background, in equine husbandry(that’s taking care of horses to you city people)and I was impressed of her knowledge and experience. We then walked out to the stables where she explained how a new buyer could rent the stables and charge fee’s for the feeding, grooming and exercising of over twenty horses. We walked behind the stables where she had a new exercise ring built, and she explained its operation. All and all I was so impressed, with the facilities, and the well thought out business plan she laid out for the buyer to enable them to cash flow the farm that When I had a moment to confer with Bob the listing broker in private ---I said why doesn’t she implement her own plans for herself? He said simply, she can’t picture herself in her own mind doing what she so plainly see’s someone else doing.
Sometimes it is easier for us to look at someone else’s problems. Someone else’s financial,challenges,and someone elses,family disfunctions,because when looking at someone else we aren’t emotionally blinded, to the obvious.
So I hope that I can somehow remember. when pondering an issue , when trying to make the right decision, When feeling somewhat overwhelmed.---Just take two steps back,and get under whelmed. Let go, and take a good look at the big picture. Opening my eyes to realize all the possibilities and resources I have at my disposal .
Then picture myself Implementing the corrective measures needed to keep moving ahead towards the completion of my goals.

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