Monthly Archives: April 2014

“Real Estate Confessions 1” #IkeaEffect #OverValuation #BlindLove

I had the privilege of working with plenty of real estate agents.  Many with whom have had years of experience working in the field.  Like any field, you have your own set of obstacles and trials that you must overcome in order to succeed.  Here is a story of one of those obstacles.

“Here’s my problem.  I’m a real estate agent.  I’m trying to sell this house.  I tell the owners that we need a new fresh paint job.  The existing color will alienate about half of our potential buyers.  The homeowners don’t want to hear it.  They love their precious color scheme.  They’d rather lose potential buyers, then have to apply a new fresh coat of paint.  They’re not cheap.  They can definitely afford it.  Rather, they’re stubborn.  They’re fixated on the idea that their home is perfect the way it is.  How could it be any other way, since they are the ones who came up with the color scheme.  It drives me nuts.  The homeowners are asking me to sell their home, yet they are making it more difficult than it should be.”

After hearing this story, it made me think of a book I recently read called “The Upside of Irrationality:  The Unexpected Benefits of Defying Logic at Work and at Home” by Dan Ariely.  In his book, he mentions the IKEA Effect which “is a cognitive bias that occurs when consumers place a disproportionately high value on products they partially created.” (wikipedia)  What this translates to in layman terms is that if you helped create something, a part of you is infused into that something and when asked to evaluate it, you will be over-evaluate it.

Here is an example from the book:

  • … let’s say you’re visiting your Aunt Eva. The walls of her house are decorated with a lot of homemade art: framed drawings of oddly shaped fruit resting next to a bowl, half-hearted watercolors of trees by a lake, something resembling a fuzzy human shape, and so on. When you look at this aesthetically challenged artwork, you wonder why your aunt would hang it on her wall. On closer inspection, you notice that the fancy signature at the bottom of the paintings is Aunt Eva’s. All of a sudden it is clear to you that Aunt Eva doesn’t merely have bizarre taste; rather, she is blinded by the appeal of her own creation. “Oh, my!” you say loudly in her direction. “This is lovely. Did you paint this yourself? It’s so, um . . . intricate!”

If this happened to you while visiting a relative’s home, your gut reaction would be “Wow this is really awful.  Why would someone hang this on their wall?”  Then you realize that these paintings were created by the homeowner, therefore it makes sense that they would put so much value on something so distasteful.  You conclude that the love they have for their own work blinds them from seeing what you actually see.  They are blinded by love.

The IKEA effect applies to the homeowners in the real estate agent’s story from above.  The homeowners biasedly judge that their home is already perfect.  Since they helped with the interior design, a part of themselves is also invested into home.  If the homeowners admit that their home needs a fresh paint job, in a way they would also be admitting that they did a poor job with the interior design.  That is why it was extremely difficult for the real estate agent to convince the homeowners to do what is in everyone’s best interest which is re-paint the house.

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Reddit: Girlfriend Logic

Apparently, there are reddit users out there who are sick and tired of their significant other’s self-conflicing behaviors.  

Here is one such behavior:  (reddit link)

 

Apparently this kind of behavior is rampant amongst the reddit community:

  •  One time when I was in the car with my gf, she stopped the car and told me to get out. I handed my coat, got out, and started walking. Next thing I know, she pulls up next to me and starts yelling at me for walking away and making her turn around to come get me, instead of just standing there. mochacho
  •  My wife and I are in our mid to late thirties have been together for almost 10 years. She is a successful small business owner who makes a very comfortable amount of money in let’s say a consultative sales role. And while we don’t fight very often, when we do, she will eventually say, “you know what, somenorcalguy (she calls me by my reddit handle when she gets upset), if that’s the way you feel, then just leave!” And this is a good thing. Because one thing you learn about fighting with your SO as an adult is that you just back the fuck off before you flip your shit and you come back later and talk it out as humans. So when she says, “leave”, I say, “okay” and guess the fuck what – I leave. Now not every time, but about 62.37% of the time when she says, “leave” and I say, “okay” and I leave, she turns around and says, “Typical. Typical somenorcalguy just getting up and leaving and never facing the situation. You know what go. Just go.” This is a trap and there is no right answer. Whatever you do at this point you lose. But you know what, just go. Because as pissed of and as illogical as she is being at this moment, and as irritated as fuck as you must be right now, you always, always walk away and confront your problems will a cool head and a calm heart. Always. ALWAYS. SomeNorCalGuy
  •  Girl I dated once did that to me. We were fighting in the car on the way back to her house and as I pulled up to the house, I said,

    “wait a minute. Stay in the car. Let’s talk about this.”

    She responded with,”no, I’m getting out.”

    “Can I get out of the car and and talk to you?” I said.

    “No! Don’t get out of the car!”

    So I started driving home. Once I got there she called me and said she was aimlessly walking around her neighborhood. (It was about 2am) I told her I was coming to get her. She had cooled down by now and we made up. I took her to get some taco bell because she was hungry and this somehow made her even less angry.

    Then I dropped her off at home again and she said,”don’t ever leave me standing in my driveway again.”

    BITCH, YOU TOLD ME TO STAY IN THE CAR.snakesandthieves

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Speed Dating … Bumps

A long time ago, my brother Henry told me, “Hey you should try speed dating sometime!”

I didn’t really give it much thought until recently.

Saw a link somewhere online for a dating event in the DFW area for about $30-40, so I thought to myself, “Why not?  I ain’t got anything else going on this weekend.”

Signed up for it.

A day before the event, I looked myself in the mirror and said, “Damn it, I look so untidy.  Need a shave.  Both on my face and on my head.”

Then I came to the realization that my appearance shouldn’t be such a big deal.  They should love me for my insides not my outsides.

Started running through my closet for something to wear and it gave me a headache because I never spent more than 5 mins in there.  Here I’ve been dragging myself through my whole wardrobe to pick the perfect outfit.

I settled for slacks, collared t-shirt, a hoodie, and some rock-climbing shoes (they’re really comfortable).

Arrived at the event, which happened to be a casual restaurant, and noticed that 75% of the people there were dressed better than me.

Okay, not the best start, but just go with it.  No way I’m driving home 60 mins to get re-dressed again.

This is my first speed dating event so naturally I was a nervous wreck.  I found a far distant corner and quickly made that little area my nest.

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Reddit: Kiddies Running Away From Home

A trending reddit post today was labeled “Woke up to this note from my 6 year old”. (reddit link)

 

For those of you who can’t read the language of “child lingo”, here is the translation posted by a redditor (Poemi):

Hi Dad,
I ran
away. Just
kidding, I’m
in my
bedroom

Things must’ve gotten pretty serious around the house for a little kid to think of running away from home.  Of course we have some mature redditors sharing their own childhood stories of running away from home:

  1.  I remember I did this once when I was 4. (Except I was serious) I packed a walmart bag with cheese and lived by the tree in my front yard until I got thirsty from all the cheese and came back inside. Those fifteen minutes living on my own helped shape me into the man I am today. (gmrobert123)
  2. I ran away when I was about 9 once. I made the mistake of taking our black lab with me (she was going to catch rabbits for me!).   We lived pretty rural and down a valley, so I got about a kilometer down the road when I heard my dad’s car start up and hid up a tree. Damn dog sat at the bottom of the tree barking at me. Ruined everything.  (sezzeratum)
  3. When I was little, my go-to tantrum threat was “I’LL RUN AWAY!!” one day after me threatening this for the millionth time after I couldn’t have my way, my mum walked into my room and packed a nightgown, and my toothbrush into a little bag, escorted me to the front door and shut me out, with a “good luck”.After 5 minutes of sitting on the doorstep crying, she let me in and I stopped that nonsense forever (Arelien)
  4. I was also a 4 year old run-away. My plans at the time were to live at the end of my street on a patch of grass that divided the main road from the houses. I packed an 8×10 picture of the sacred heart of Jesus it looks like this… http://imgur.com/Viq64r7 Also packed a rosary. And a blanket. Pull ups ( had a slight bed wetting problem) No food.I started to walk down the sidewalk to my new home when my mother came running after me. She asked me where I was going. I remember putting my hands on my hips, tossing my hair back and with all the 4 year old dramatics I could muster said ” I’m outta here, I’m running away”. I can remember my moms face, she wanted to laugh but didn’t…until she opened my “run-away” bag. (badgirlmeat)
  5. Kids these days… I ran away back in 88 when I was four years old. Called my mom the “B” word that I learned from my dad. Packed my Hot Wheels case with all the Hot Wheels that a kid would ever need. Got around the block and got jumped by some black kids in my neighborhood and they jacked my shit… Decided the “Thug Life” wasn’t for me and went back home.  (ImNuttz4Buttz)

Reddit: Drake with NBA Stars

One of the top posts in reddit today is of Drake labeled “Drake looks like the proudest girlfriend”. (reddit link)

I thought this was some kind of joke, but after looking at this pic … it’s true he does look like he could be their girlfriends.

 

Here are some top comments from other redditors:

  • Cause he a good girl and he know it.
  • Best he ever had
  • Overly Attached Drake
  • Good on LeBron, Kobe and the rest of the guys for setting time aside for the Make-a-Wish Foundation.
  • Umso umso umso umso proud of you
  • He’s practicing to be an NBA wife.
    • ain’t no award for that.
      • trophies
  • Drake the type of nigga to drink his beer through a straw.
    • Drake the type of nigga to take a picture of another nigga, take it to the barber and say “this one.”
      • Drake the type of nigga who wipes an eyelash off of his bro’s face and tells him to blow it and make a wish.
        • Drake the type of nigga who chews bubblegum and wraps the telephone cord around his finger.
          • Drake the type of nigga to pull his pants all the way down when taking a piss.
            • Drake the type of nigga that when you catch him looking, he blushes
  • Stuck it in the bottom now I’m queer
    • Stuck it in the bottom, now my whole team fucking here
      • They started on his bottom
        • now his whole team in his rear
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