Inspired Real Estate For Today

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Why Shifting Into Neutral Can Fast Forward Your Advancement!

 

hunter

There's an oft repeated tale about how certain hunters in Africa catch monkeys.  It can be very difficult to corral these intelligent creatures, so hunters have used a more inventive method...trapping a monkey by enticing him.  A small jar is placed at the base of a tree with nuts or other items which may attract the monkey's curiosity. 

The opening of the jar allows the monkey to place his hand in, but when he tries to withdraw it, he is unable to do so without letting go of the contents of the jar.  Believe it or not, some monkeys will stay there with their hand in the jar until the hunter comes back to trap them!  They are trapped because they are unwilling to let go of something they are doing which is working against them.

It's not just monkeys who get trapped by what they are unwilling to release.  While, most of us would not be tempted by peanuts or sweets in a jar, it's amazing the things we will hang onto rather than release them so we can move on.  As a Realtor, I witness this phenomenon all the time.  The peanuts are quite conventional; I've got to obtain this Price for my house...irregardless of the market or I must have this home even though I can't really afford the payments. There may be variations on these themes, but in the end they're still peanuts...unrealistic expectations held on to at the expense of moving forward and achieving our goals & desires.

The real estate process often involves the 3 main components of this story; the Hunter, the Monkey & the Jar of Peanuts.  Buyers &monkey Sellers are the significant players in the real estate process.  Sometimes, there is a tendency to behave like the monkey with the hand stuck in the jar for a few peanuts.  Instead of drawing back, taking the hand out of the jar to reconsider options and listen to sound counsel, so many get trapped by the peanuts. 

Peanuts are the misguided rewards that we think we desperately need.  Peanuts are symbolized by the Price that the Property must be worth because so much has been put into improvements.  Peanuts talk to the monkey even though they have no audible voice.  They convince the monkey that if you hold on to this for long enough, you will get what you want.  Peanuts lie!  Letting go of false assumptions is what will bring fulfillment to the desire & this can only be done by stopping the action of holding on to those peanuts. 

Holding on to an Artificially Inflated Price which the current market cannot support is listening to the Peanuts Lie.  Refusing to let go of clutter that serves no useful purpose and is hindering the sale of your home traps the hand in the peanut jar.  Looking for the perfect home, in the perfect neighborhood, with  the perfect neighbors at the perfect price etc. ad nausea ensures that your dream will never become a reality because...I tell you truth...Those peanuts will lie to you & then trap you! Once you move into the perfect neighborhood, you can rest assured, it will no longer be perfect.

The Hunter represents market forces.  The market needs players so it offers attractive opportunities. The number of financing vehicles, housing choices & selling tools  available to home buyers and home sellers has created many options &  provided a diverse variety of peanut jars. The market doesn't really care which monkey is snared by the contents of the jar.  It knows that some monkeys will pass by it's offers & simply decide that peanuts just aren't' an attractive choice on the menu at the moment. 

Thjare Hunter also figures that a certain percentage of monkeys will recognize a trap when they see one & won't fall for the ruse.  But, it gambles that enough monkeys will not figure out a very simply solution to the dilemma.  Simply, let go of the peanuts, release your hand from the trap, turn the jar upside down & then you can have your peanuts & not get trapped!  The monkeys who have their Freedom & Eat Their Peanuts as well are those who realize that sometimes you have to let go of an outdated or incorrect assumption or ideals in order to move forward.  Sometimes, the action you take to STOP doing the wrong thing is the most important action you take because it allows you to see more clearly the best solution & option available to you.

Instead of demanding the highest price, simply stop being unrealistic.  Instead of taking several jobs to support a lifestyle we cannot afford, simply stop spending more money than you make or sell your house & move to something more affordable. We would be so much further ahead. if we concentrated on simply stopping doing a few of the things that we are doing which impede our progress  Instead of thinking like the monkey who is committed to getting a few peanuts out of a jar at the expense of his life & freedom, we can stop and  let go of the peanuts  & choose intelligent solutions.  This technique works for real estate & for life!

 

© 2007 Audu Real Estate  All rights reserved

 

Lola Audu, CRS, GRI e-Pro ~ Audu Real Estate

Lola Audu, is the Designated Broker & Owner of Audu Real Estate.  Our company specializes in helping people buy and sell homes in the greater Grand Rapids, West Michigan area. You can contact us via e-mail @ info@auduhomes.com or by phone at 616-791-0511. Thanks for visiting our blog.  Here are links to some of our most popular posts for you to enjoy!

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Comments

Very, very, nice post.  Kudos and well written indeed!  It has that taste of Real World Reality We Often Forget About.  I'm voting to feature this Lola.  Great Job!
Posted by Jason Sardi (I love kittens cute & My Jennifer!!) about 5 years ago

I had heard this story about trapping monkeys before, but had never thought of it in the context of what happens in so many real estate transactions.  I have seen greed and/or unrealistic expectations rob so many people of a good, solid sale, only to sell for much less much later because they were unwilling to let go of "peanuts". In a challenging marketplace, this is so unfortunate.  Is this a factor in your marketplace?

Posted by Lola Audu~Audu Real Estate~Grand Rapids, MI Real Estate about 5 years ago
Unbelievable analogy, Lola, makes ya think ! and laugh !
Posted by Missy Caulk-Ann Arbor-RealtorĀ® Ann Arbor Real Estate (Keller Williams-Ann Arbor) about 5 years ago

Hi Jason,

Thanks for reading & for your comment. I must have been editing my comment as you were posting. I appreciate the vote!  I suspect this is "real life" experience for a lot of folks.

Posted by Lola Audu~Audu Real Estate~Grand Rapids, MI Real Estate about 5 years ago
Hi Missy,  Thanks for stopping by to read & comment.  It is funny, although the consequences can be so incredibly serious when we fall for a ruse that is simple that it's laughable & yet so costly.
Posted by Lola Audu~Audu Real Estate~Grand Rapids, MI Real Estate about 5 years ago
This is a really great post- thank you for the terrific read!!
Posted by Laurie Mindnich at Options Realty about 5 years ago
Hi Laurie, Glad you enjoyed it.  Thanks for stopping by & commenting.
Posted by Lola Audu~Audu Real Estate~Grand Rapids, MI Real Estate about 5 years ago
I remember reading about raccoons being trapped in a similar manner...makes a great point!  Best of luck!
Posted by Main Line Real Estate - Christopher Benedict (RE/MAX Main Line) about 5 years ago
I am a Hunter. I am a force in the market. Where are all the monkies?
Posted by Michael Ross - North Shore of Boston (Coldwell Banker Residential Brokerage) about 5 years ago
Hi Chris, Interesting to hear about this method being used to trap raccoons....if true, this principle is active in various elements of the "animal kingdom"...what's amazing is how well it seems to work and play out in the human kingdom. :)
Posted by Lola Audu~Audu Real Estate~Grand Rapids, MI Real Estate about 5 years ago
Hi Michael, You're a hunter...no monkeys...it just might be the bait!  Apparantly, monkeys prefer peanuts most of the time or brightly colored objects.  Believe me, there are a myriad numbers of monkeys as the market well knows & understands.  The key to stayin' alive  is being a smart monkey and avoiding harmful traps.
Posted by Lola Audu~Audu Real Estate~Grand Rapids, MI Real Estate about 5 years ago

Very nice post!

:)

Eva

Posted by Eva Wilson, BS, GRI - DC METRO AREA Home Marketing Specialist:THE DVD LADY! (Long & Foster Real Estate) about 5 years ago

I flagged this hoping it will be featured.

LOL Michael.  Heeeeere monkeeeee.

Posted by Lisa Dunn www.TwinCitySeller.com (Edina Realty) about 5 years ago
Absolutely fantastic post!!!!!!!  It's so very true and I LOVE the way you wrote it!  YGG!!!
Posted by Vickie Arcuri, Realtor Ft. Lauderdale Waterfront Homes (EWM Realtors- Esslinger-Wooten-Maxwell, Inc.) about 5 years ago
Another analogy could be the Agent that runs the roads with an uncommitted Buyer...chasing the elusive commission! Which never comes...they just like "looking!"
Posted by Joan Mirantz GRI CBR SRES- Concord New Hampshire Realtor (Homequest Real Estate) about 5 years ago
Fabulous post Lola!  I think so many people can relate because in our lives we've been both the hunter and the monkey.
Posted by Melody Young - Auto Broker-Milestone Motoring (Milestone Motoring - Auto Broker/Dealer) about 5 years ago

Excellent post, Lola. What a terrific analogy to share. This will be read again and again.

Right now there are too many buyers in my area just monkeying around for my taste. :)

Jeff

Posted by Jeff Dowler ~ Carlsbad Homes for Sale ~ 760-840-1360 (Solutions Real Estate (CA DRE Lic. # 01490977)) about 5 years ago
Excellent post.  I love the way you applied this classic story to real estate.  I've never thought of this analogy applying to real estate, but it certainly does.  Thanks so much.  I've recommended it be featured.
Posted by Lea Deo, Shawnee Ks Real Estate, Shawnee Mission Homes (Keller Williams Legacy) about 5 years ago
This is such a wonderful life lesson, too.  Thank you!! 
Posted by Ed Vogt, Grandville, MI Midwest Properties (Midwest Properties of Michigan) about 5 years ago
Lola, what a terrific analogy and terrific post!  Congratulations on the feature, it was well deserved!
Posted by Laura Cerrano and Carole Provenzale Owner, Feng Shui Long Island & New York (Feng Shui Long Island & New York City/Feng Shui Manhattan ) about 5 years ago

Thanks Eva, appreciate your stopping by.

Lisa, thank for your comment!  Appreciate it.

Vickie, So glad you enjoyed this post.

Posted by Lola Audu~Audu Real Estate~Grand Rapids, MI Real Estate about 5 years ago

Leo, Thanks for your comment & recommendation. Until I started writing the blog post, the analogy had not occurred to me either. 

Ed, Thanks for stopping by.  Yes, there are some significant applications to life as well.  I can certainly appreciate some of them personally.  :)

Carole, Thanks for the comment. 

Posted by Lola Audu~Audu Real Estate~Grand Rapids, MI Real Estate about 5 years ago
I need to share this with a few of my clients.  This really addresses what I 've been going through with a few of my listings.  Thanks a bunch.
Posted by Endea about 5 years ago
When we cannot seem to stop the spending, we still need to access where it is all going.  Don't just let it happen to us.
Posted by Paula Walter. Ph.D. e-Pro REALTOR (Realty Executives of Kansas City) about 5 years ago

Hi Endea, Good luck with your clients.  The good news is that being focused in dealing with these type of issues has huge dividends in stopping the wastage of time, resources & money due to unrealistic expectations. Thanks for stopping by.

Posted by Lola Audu~Audu Real Estate~Grand Rapids, MI Real Estate about 5 years ago
Great story Lola. The analogy is perfect. I have sellers right now facing foreclosure who have their hands "stuck in the jar". Instead of selling and walking away with a relief of stress and $30,000 they are holding on to the dream of getting $50,000. The sad thing is if they do not remove their hand soon ALL of the peanuts will disappear and there will be nothing left. It so important that we know when to let go and move forward. 
Posted by Bryant Tutas-Tutas Towne Realty, Inc about 5 years ago

I can so relate to the situation you describe.  It's unfortunate that some people choose to ignore the glaring reality of the truth & move ahead in the same direction which created the problem in the first place hoping for a different result...they have a name for that kind of behavior don't they? When you add greed to the equation, it becomes explosive! Thanks for your comment Bryant & I sincerely hope that your clients become willing to deal with reality before they loose everything.

Posted by Lola Audu~Audu Real Estate~Grand Rapids, MI Real Estate about 5 years ago
Lola, that's a fantastic analogy and can be used in so many ways in not only our industry but in every American's every-day life! Living above our means is driving the country right down the crapper! Thanks for another awesome post!
Posted by Ryan Hukill - Edmond RealtorĀ® (ShowMeOKC Team of Paradigm AdvantEdge) about 5 years ago

I come back from being on vaction and what do I discover? Lola's got a face... and a nice one too! LOL

It's funny how instantly one feels MORE connected to bloggers here in the Rain when the post a pix of themselves.

Me

 

PS: The post is VERY clever too. And SOO true in MANY areas in life... not just in a real estate transaction.

 

Posted by Craig Schiller (REAL ESTAGING, a nationally recognized leader in Staging.) about 5 years ago
Hi Ryan, Thanks for stopping by.  There are so many problems which we could resolve by simply stopping destructive behavior/actions.  Sometimes we miss the point by trying to put so much energy into creating new patterns/actions, we miss the simple, but powerful benefits of NOT doing certain things at all...ever or stopping them if we've already started.  Spending is one such activity. :)  Really glad you enjoyed the post.
Posted by Lola Audu~Audu Real Estate~Grand Rapids, MI Real Estate about 5 years ago

Ah, yes Craig...the butterfly has flown away.  She decided it was time to reveal the lady behind the image and free her from her cocoon! :)  No, seriously, thanks for stopping by & I sincerely appreciate the comment.  I know that the thoughts in this article resonate...because I've lived & witnessed the reality of this type of thinking/acting professionally & personally.

P.S. And...Thanks for being You!

Posted by Lola Audu~Audu Real Estate~Grand Rapids, MI Real Estate about 5 years ago
Lola, another excellent and thought provolking post. I hope your customers take it to heart.
Posted by Gary Smith (Agent Marketing Today) about 5 years ago

Wow!  One of the best posts that I've read in a long time!  Way to go!  Now, I've got to go and let go of some peanuts!

 

Bob Mitchell

ValueList  

Posted by ValueList Real Estate Services, Inc. about 5 years ago

Hi Gary, thanks for your comment.  This is an issue which definitely impacts how we view & respond in the real estate marketplace, but it also is relevant to how we respond to life!

Hi Bob,  Thanks for your comment.  I'm glad you enjoyed the post.  Letting go of "peanuts" is a life-long endeavor as the temptation to get stuck is always present. :) 

 

Posted by Lola Audu~Audu Real Estate~Grand Rapids, MI Real Estate about 5 years ago
No wonder this blog got featured, Lola.  It's a great post and a great analogy.  I had heard the fable of the monkey and the jar.  I wonder if it's literally true?
Posted by Brian Schulman - Your Lancaster County, PA Real Estate Expert (Coldwell Banker Select Professionals, Lancaster PA) over 4 years ago

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