Monday, June 25, 2007

Karma

It may mean a lot of things: Cause and effect, consequences, summation of all you have done, what goes around comes around.

The bottom line seems to be that you will reap what you sow and that karma is forever.

If you are selling a home, remember this. Greed is a terrible thing and there is a lot of it right now. I had the standard conversation last night about home values. "Well I have done very good in real estate, my home is worth double what I bought it for." I quickly asked, "Have you sold your home?" and of course the answer was no.

Your home is worth what it sells for when it sells. If you list your home for $900,000.00 and get no lookers, lower the price to $800,000.00 and get no lookers and then lower it again to $750,000.00 and get only a few lookers, the market is saying that your home is not worth $900,000.00. If you then only get offers in the $650,000.00 range and end up taking a contract at $700,000.00, you have now discovered what your home is worth.

And here is where karma comes in. Don't be an asshole with the deal! Do not get/stay angry because your home is not worth what you had hoped it would be worth. Treat your buyers with respect and gratitude for the price they are paying. If you cannot do that, then do not sell the house!! It all adds to the karma of your life and it never, I repeat never, pays to be an asshole!

Instant karma's gonna get you
Gonna knock you right on the head
You better get yourself together
Pretty soon you're gonna be dead
What in the world you thinking of
Laughing in the face of love
What on earth you tryin' to do
Its up to you, yeah you

J.L.

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