Bit of a discussion over on the bendbubble2 blog about whether the real estate agents are getting angry yet (as in the Five Stages of Grief).
I suspect they are very angry -- AND in denial about it.
I've never got the sense that real estate types are particularly introspective. Hell, we bubble bloggers think we're such a big deal, but almost every real estate person I've talked to has never heard of us.
Nor do they seem to be particularly analytical. Maybe that's what it takes to sell houses. Anyone with second thoughts wouldn't be very successful at selling. Unfortunately, anyone who isn't thoughtful isn't going to be very successful at negotiating the end of the bubble.
Same holds true of the majority of store owners I --very briefly -- talk to. Not a lot of information sharing. Not a lot of thinking or planning I can see. They keep their misery -- which you can see on their faces, by the way -- to themselves. I tend to vent, and then explore all options, and then think it to death. I tend to look for information in every form I can find, and I try things, and then I kick a box of cards across the floor. I share any information I have, and am grateful whenever another store keeper tells me anything of substance (which is rare.)
I think being open and candid and responsive is healthy, and it may be why I've managed to survive 28 years.
I suspect they are very angry -- AND in denial about it.
I've never got the sense that real estate types are particularly introspective. Hell, we bubble bloggers think we're such a big deal, but almost every real estate person I've talked to has never heard of us.
Nor do they seem to be particularly analytical. Maybe that's what it takes to sell houses. Anyone with second thoughts wouldn't be very successful at selling. Unfortunately, anyone who isn't thoughtful isn't going to be very successful at negotiating the end of the bubble.
Same holds true of the majority of store owners I --very briefly -- talk to. Not a lot of information sharing. Not a lot of thinking or planning I can see. They keep their misery -- which you can see on their faces, by the way -- to themselves. I tend to vent, and then explore all options, and then think it to death. I tend to look for information in every form I can find, and I try things, and then I kick a box of cards across the floor. I share any information I have, and am grateful whenever another store keeper tells me anything of substance (which is rare.)
I think being open and candid and responsive is healthy, and it may be why I've managed to survive 28 years.