Ethics and Money CAN be Compatible

Yesterday, after doing a little web-surfing, I wrote a post about some sellers offering a higher commission to more quickly sell their homes. It became a featured post (thank you ActiveRain!) and created some great discussion. That post is, Would You Pay More To Sell Your House?

Let me be clear; I sell Real Estate to earn a living. If not, I would spend my time volunteering.  Real Estate is not philanthropic, we are all doing it to pay the bills.

I would contend however, that the folks who are doing it for the 'long haul' do not focus too much time on how each transaction will affect their bottom line.  If you approach this business in that manner, you will work with each client exactly once. I am NOT saying that you should not make as much money as possible--if it is done in the context of doing the right thing for your client.  Again, we are all doing this to earn a living.

My approach is to convince each client that they will want to come to me, and pass on my name, for every real estate transaction from here on out.  I truly believe in the philosophy that every client is a 'client for life.'

It may be corny, but some of the phrases that run through my head, and guide my actions include:
Do the right thing
Do unto others as you would have them to unto you
What goes around comes around


My favorite is the last one, What goes around Comes Around. I believe this to be true. If you do the right thing, even if it is not easy, you will be rewarded down the line. Conversely, if you don't do the right thing, your actions will come back to haunt you. And yes, I believe I learned this way back in Kindergarten!

It may be overly simplistic, but it works for me. Do the right thing. Do unto others. What goes around comes around.

Pretty simple stuff...and I still earn a GREAT living!

 

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Comment balloon 5 commentsHolly Weatherwax • April 09 2009 11:33AM

Comments

I'm with you on all the points-my favorite is also what goes around comes around. I know this is true and I believe it. thanks for sharing.

Posted by Pat Champion, Call the "CHAMPION" for all your real estate needs (Coldwell Banker Camelot Realty) over 9 years ago

True words!

Posted by Pat Fenn (Marketing Specialist for CJ Realty Group/Cindy Jones Broker ) over 9 years ago

You're my person!     Excellent advice.    Including that famous line: "what goes around comes around"...it is true!

Posted by Li Read, Caring expertise...knowledge for you! (Sea to Sky Premier Properties (Salt Spring)) over 9 years ago

Holly,

It is really very simple.  Always do the right thing.

Posted by Richard Weeks, REALTOR®, Broker over 9 years ago

Holly--I agree with you, "What goes around comes around."  I have used it so many times in my own business, teaching and management of my office I thought maybe I wore it out.  Fortunately it is time worn not worn out.  Congrats on earning a featured post.  Mary

Posted by Mary Yonkers, Erie/PA Real Estate Instructor (Alan Kells School of Real Estate/Howard Hanna Real Estate) over 9 years ago

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