Creating Your Own Luck
What kind of luck will define your year? It is not just about winning the lottery; luck comes in many forms, and understanding them can change your life. With less than 10 months left in the year, what kind of luck will define your year?
Let's dive into 8 types of luck and how they could be influential in your homeownership journey.
Blind luck can simply be submitting a low-ball offer and the seller accepts the offer with no negotiation. Real estate agents can shy away from this tactic, assuming the seller will not accept it but you never know without playing.
Luck through persistence is all about staying course no matter how many offers it takes. For instance, one homeowner shared that after years of saving and searching, they found a fixer-upper through off-market channels by reaching out to realtors and stalking ideal neighborhoods. It was just a matter of time.
Luck through skill is when a buyer leverages their financial expertise and market knowledge to secure a valuable deal. By establishing and maintaining great credit and understanding market conditions, their skill in timing and negotiation resulted in immediate equity gains. The property appraised higher than the purchase price shortly after closing.
Luck through awareness is recognizing a unique opportunity others might overlook. Most recently, a growing family wanted to be in a certain neighborhood but were not in a rush unless the right opportunity came about. The color of the home was not overly appealing and overhanging trees covered its charm but the potential was there. The buyer was aware of the true market value and secured the property at a bargain price and will benefit from its appreciation over time.
Relational luck is simply sharing your home search with your network and staying open-minded to connections that lead to acquiring a home. Another recent homeowner caught wind that his friends were divorcing and selling their home. Due to the nature of their work, this property came with an outbuilding that was perfect for his venture.
Serendipitous luck is the process of remaining curious and open-minded to what is possible at that moment. Those buyers who took a chance back in 2020 by building their dream home when interest rates were historically low. This unplanned timing allowed for an affordable mortgage and a long-term asset they get to enjoy along the way.?
Good Attitude luck is a personal decision of optimism and positivity. For instance, one individual took a risk in a challenging market driven by fear and anxiety. but focused on what could go right. By focusing on the accomplishment rather than the obstacles, they created a fulfilling experience that felt lucky in hindsight.
“Giving” luck comes from doing good in the community and creating relationships that can spur real estate opportunities. A shared community experience made a seller feel more comfortable working with someone they trusted. The buyer is now patiently waiting for his seller to relocate on their timeline but this sacrifice allows for a dream home purchase.
By taking action, providing exceptional service, diving deeper, going the extra mile for our clients, and contributing to the well-being of our community, we create opportunities that go beyond transactions. Together, we build trust, foster meaningful relationships, and open doors to possibilities, turning dreams into reality for those we serve.
Which type of luck resonates with you - luck you create through action, luck you give through service, or luck you receive through meaningful connections?