Throughout 2021, buyers and sellers have been in emotional overdrive as they navigate multiple offer situations time and again and they’ve often bought in a panic. We’ve seen offers over asking price and anxious buyers waiving appraisals and home inspections hoping to position their offer better in the eyes of the seller. They’ve offered on condos or townhouses when what they really wanted was a single-family home, just so they could own something.
Recently we’ve witnessed a lot of disruptors disrupting themselves. A perfect example of this is Zillow’s announcement that it is ceasing its iBuying operations and reducing its workforce by 25% due to massive losses in that division. In my opinion, this confirms what many in the industry have been saying for years: automated valuation models are flawed.
In the pre-pandemic world when I would step out on stage to talk about leading with love, I’d notice some initial discomfort in the audience. They shifted in their seats or broke eye contact with me until I explained what I meant. Now with everything we’ve been through, people are craving better relationships with everyone in their life, including their leaders, and I don’t notice that awkwardness anymore.
There is a lot of hand-wringing these days over problems. Problems in the world and in the country. Problems with the pandemic and with healthcare. Problems in the real estate industry and inventory shortage. Mahatma Gandhi famously directed us to, “Be the change you wish to see in the world,” and being the change starts by shifting focus from the problem to the solution, from inertia to action.
Have you ever been in a situation where something is bothering you about a colleague, your company or a family member but you keep it to yourself and it just eats away at you? Often people let it simmer under the surface, and what started as a minor irritation keeps simmering until it boils and eventually erupts like a volcano, all because it wasn’t addressed.