Stats vs Emotions, There’s a Time and Place For Both

Stats vs emotions

Emotions are running at an all time high right now. We have all been profoundly affected in one way or another with what is going on.

It takes daily, intentional effort not to get caught up in the doom and gloom. It’s easy to feel like the world is at a standstill as we all wait to see what will happen the first part of May. Will we go back to work? What are the economic effects? Etc.

All of these emotions are normal and natural, but make sure that your emotions are not driving your thoughts about the real estate market. That is a time for statistics.

Admittedly, I had fallen into feeling like the market was slow. So I decided to pull up the statistics of what is actually going on in the market.

When you look at the actual stats, the areas that I pulled up still showed absorption rates of 2-3 months, indicating a strong market.

The stats told a very different story than my emotions.

Your emotions are incredibly important and warrant attention. They affect the energy you bring to your conversations. If you aren’t “feeling it” you are going to struggle with your clients, no matter what the market is doing.

But if you catch yourself going down the rabbit hole of what you feel like the market is doing, take a moment to pull the actual stats. They may surprise you – in a good way.

To your success!
Nicole

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