Staying the Course in these Volatile Times

Posted March 28, 2022 in Real Estate Trends

jon girod, Clark County WA real estate agent

Inflation, shortages of workers, shortage of products, shortage of homes, interest rate increases, a war. What a volatile time! I have been in this business since the mid 1970’s. I have seen my share of volatility. I have found ways to help smooth out the bumps. I am currently drawing on the past to help navigate these choppy waters. Below are truisms that I have found to work.

First, stay calm. People need reassurances. If the leader panics so will the followers.

Second, if your business plan is not sound, shore it up. People like to follow a plan. If the plan is solid, people will gain confidence and do their jobs well.

Third, make good decisions. I have found the best decision makers make decisions based on their core values. They keep an unbiased mind as they go through their decision making process. They get information from different sources. They are patient— answers usually will come in parts (especially complex problems like we are dealing with now) and, most importantly, once they make a decision they will watch for the outcomes and are willing to make adjustments.

We will be seeing interest rates moving up. Historically this has been bad for those in housing. I believe this will be temporary. Once inflation is tamed rates will come back down.

I am coaching our team to shut out the noise and focus on what we do. Our clients want great homes. Our job is to deliver great homes. That is what we will be doing.

We specialize in serving the Empty Nester market. Come by our model home—you might just see me!! Our model home is open 12-4 on Saturdays and Sundays. Check our website for its location.

If you are thinking about downsizing…. Consider Quail…. you have earned it!! I hope this helps and thank you for reading the newspaper.