We have all heard the saying: “A watched pot never boils.” What does this saying imply? Simply stated, it means that if one is anticipating an event, then time seems to slow down or drag.
The real estate and mortgage industry have become that pot. Consumers are just sitting there waiting for the pot to boil again. Things appear to be dragging along. “Is it ever going to pick back up?” Blah, blah, blah… Over time (the extended, dragged out perceived time), negativity rears its ugly head to add to the fact that a boiling point does not exist when watched.
Eventually, the negativity and the realization that the watched pot does not boil begins to take its effect, and we walk away. It is during this point, time picks back up and we get caught back up to what is going on while we where time warped into slow motion. Everything is fast paced again. We begin to lose track of time, only to realize that “Oops, I forgot about the pot.” You come back to a boiling pot. If we waited too long to tend back to the pot, we may need to add water because we let the water evaporate too much and have to start the process over because that newly added water has to reach its boiling point.
Our boiling point is here folks… some of you have walked away and lost track of what is going on. Others of you have stared at that pot so long, that you have become hypnotized to see the pot as still not boiling. Unfortunately, for some of you, you missed the opportune time to throw the noodles into the pot and make the most of a full boiling pot where water is not needed to be added. Mortgage rates hit an all time low a couple weeks ago and housing prices were still down. There is still plenty of water in the pot for you to make something good. Don’t wait for the water to get any lower, because you will have to wait for the new water to boil or worst yet, hope there is water to even put in the pot.
Oh, and in the future, you can always throw your noodles in the pot before the pot boils. Eventually, the pot will boil and something will let you know that your noodles are done. That thing might be the sound of water boiling over or it might just be your fire alarm going off. Either way, you are still able to make something out of the boiling pot… Realtors and Mortgage Professionals can be your warning to get back to the pot, but the only way this will happen is if you let them know you want to get started.
So, it is up to you… you can either sit there and continue staring at the pot that will never boil, or you can throw your noodles in, let your Realtor and Mortgage Professional know that you are ready, and them take care of the rest until your pot begins to boil and then you can finish what you started.
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