Nashville, TN Real Estate News

By Barry Owen
(Pareto Realty)
3 important players for any/every project . . . The Visionary imagines some potential in a scenario. The timing seems right to explore the possibilities, so the Visionary does what visionaries do with all exciting new ideas . . . A few days of dreaming . . . putting some pen to paper . . . playing the “Pros and Cons” game . . . and the vision becomes more clear. The tipping point happens at the moment this visionary forms such a crystal clear of the finished project that it’s time to “let the cat out of the bag” . . . Most visionaries won’t talk openly about these “inventions” until they’ve done a fair amount of diligence, because . . . well – because everyone they know, knows they are dreamers and are “always” dreaming . . . Over time, visionaries are “taught” not to verbalize their id...
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By Barry Owen
(Pareto Realty)
When something seems too good to be true, it’s time to investigate. Often, these “too good to be true opportunities” turn out to be all hat no cattle. I don’t take pleasure in being the party pooper who doesn’t immediately CELEBRATE these apparent windfalls, but it’s in my DNA – I’m wary of happenings that don’t make sense. Before we break out the champagne, let’s do some diligence. We Realtors are indefatigably optimistic creatures. We want the best for everyone and especially our home buying and/or selling clients. We are seekers of all of the GOOD things about everything and everyone. Our outwardly positive outlook often provides our clients the lift they need as they work throughout the real estate transaction. So then . . . Why is it that many of the most successful Realtors procee...
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By Barry Owen
(Pareto Realty)
We humans like to think we are worthy. We live our lives toiling to bring value to other people and myriad “enterprises” worthy – having or showing the qualities or abilities that merit recognition in a specified way enterprise – a project undertaken or to be undertaken, especially one that is important or difficult or that requires boldness or energy: When we receive an invitation – ANY Invitation, most of us pause and assess the “value” of accepting. What’s our “opportunity cost” of saying “yes”? When we say “yes”, to what are we then saying: “No”? Which of these options offers the highest probability that our presence will make a difference? Will we be Honored and heard? Is this space open enough for useful purpose – Dialog, Spirited debate, mutual respect with hope for like kind res...
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By Barry Owen
(Pareto Realty)
How Many Decisions Do We Make Each Day? In this Psychology Today article, Eva M. Krockow Ph.D. says: “In fact, some sources suggest that the average person makes an eye-popping 35,000 choices per day. Assuming that most people spend around seven hours per day sleeping and thus blissfully choice-free, that makes roughly 2,000 decisions per hour or one decision every two seconds.” Hmmm . . . It’s no small wonder why so many of are stumbling through life in an overwhelmed stupor. I wonder . . . How many of these 35,000ish decisions each day do you s’pose you make consciously? Surely, many of these are decisions are instinctual (baked into our DNA), some are Learned based on prior experience, Freudian, Pavlovian, and therefore subconscious and relatively “automatic”. My guess is that the 80...
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By Barry Owen
(Pareto Realty)
integrity 1: firm adherence to a code of especially moral or artistic values : INCORRUPTIBILITY 2: an unimpaired condition : SOUNDNESS3: the quality or state of being complete or undivided : COMPLETENESS (Merriam-Webster) Lack of integrity negates trust! Yep! Only you know your own, personal “standards” and only you can preserve these personal sacraments. Similarly, only YOU have the power to Honor these promises to yourself . . . or not. When you compromise your personal standards, you break trust with yourself. Trust is slow to earn and fast to disintegrate. No one is exempt from these realities. We tumble through life making choices. While some folks might argue that their transgressions from the “standard” were accidental – that they un(sub)consciously erred. I don’t allow this leni...
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By Barry Owen
(Pareto Realty)
It’s exhausting to live the life of someone you are not! Yet, many of us do this for the purpose of “furthering a career” or “keeping up with the Joneses” or to “belong” to a group hoping to gain fame and fortune by osmosis. Guess what? I believe you already have everything you need to be famous and worthy. This was “baked into you” upon conception. Of course, you’ve honed yourself through the years based on on your accumulation of experiences and relationships, but you’ve never changed who you are at your core, and we love the REAL you more than any doppleganger. Even the most exact doppleganger is different than the original at the core. So . . . If you find yourself anxious, tense, overwhelmed, tired, confused, scared, bored or any number of energy depleting emotions, I hereby presci...
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By Barry Owen
(Pareto Realty)
We Realtors rely on each other to successfully sell and close home sales. Our “jobs” are multifaceted, and I sometimes think that some Agents and Principal Brokers lose proper perspective – They develop amnesia – lose sight of the forest for the trees. We confuse the difference of winning battles vs the war. We forget that we CAN “pick our battles” . . . We can choose which bones to pick! We can, with vigor, negotiate in good faith to “win” for our home buying/selling clients with civility and respect. We can do this without petty squabbles which invariable have the same deliverables as rocking in a rocking chair . . . It keeps you moving but doesn’t get you anywhere useful. Throughout my 27 year career as Real Estate Sales Professional, Principal Broker, and owner of Pareto Realty, I’v...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Nashville Real Estate for sale -  Nashville home sales have picked up in spite of fears about the virus with number of closings of homes  increasing 26% over the May of this year and down only 1.5% compared to June of last year. Considering the fact that listing inventory is down 21% compared to last June the number of closing is very impressive. 3478 homes closed during the month of June compared to 2759 in May so sales increased by 26% percent in one month but compared to the same month last year sales of single family homes were down 1.5% 6825 single family homes are currently listed for sale in Nashville compared to 8274 last year, an inventory reduction of 21% the median price of Nashville homes sold was $331,448 compared to $319,990 the previous June an increase of 3.5% the absorp...
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By Barry Owen
(Pareto Realty)
@ 3:30 this morning . . .The dogs and I heard a tree breaking in the woods above the house, but there was no “THUD” of tree hitting the ground – A little unsettling. This is one of those “waiting for the other shoe drop” scenarios . . . and a feeling that we all are experiencing day in and day out as we navigate these “remarkably unusual” times. How are you coping with all of this uncertainty? When will that tree fall . . . in what direction . . . and is the house in danger? My Facebook feed is very full of emotions as waves and tides shift unpredictably. We could go the way of obsessing and worrying and allowing all of this to consume our very being . . . or we could decide to adapt and focus on anything and everything that shows up in the realm of creative solutions. I choose to pay j...
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By Barry Owen
(Pareto Realty)
What’s your track record for efficiency when you tackle a project? How much thought and preparation do you invest, so as to be able to maximize your resources of Time, Energy, Money, and materials? Do you “Re-create the wheel” with every “Do-It-Yourself” adventure? How many times do you have to return to Lowes for unanticipated missing tools and/or parts? Below is decent method from conception to completion with satisfying efficiency. You can apply this method for ANY project large or small – Even building a skyscraper! Here’s the bad news – It’s gonna require commitment and discipline . . . no “winging it”. “They” say that installing LVP is easy. LVP is Luxury Vinyl Plank Waterproof flooring, and “They” are being truthful as long as you: are able to find a source for materials with a g...
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By Barry Owen
(Pareto Realty)
As we tumble through life . . .we make myriad decisions every minute of every day. Will it be THIS or THAT or neither? It sounds like a good idea, but is now the right time for this? If I/we decide to do it, what are the potential repercussions (positive, neutral, or negative) Are the “right people” here with us? What about FOMO (Fear of Missing Out) . . . If we do this, what is the “opportunity cost”? . . . What are we choosing NOT to do with this time, energy, and money? Are we being intentional, or haphazardly “going with the flow”? Are we asking questions (of self and others) . . . tough questions like: “What can go wrong?” and “What if we FAIL?” Seth Godin’s post this morning speaks to this:   The Magic of the Countdown “Thea von Harbou invented the countdown. 10, 9, 8… It works. I...
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By Barry Owen
(Pareto Realty)
Today, I am especially proud of my Home Town Nashville, TN Truthfully, I was expecting mayhem following the Scheduled “Teen Peaceful Protest” to begin @ June 4, 2020 @ 4 PM at the Bicentennial Capital Mall and to serpentine through the city with an 8:40 moment of silence at the National Museum of African American Music to Honor George Floyd and other black victims of Police brutality. More than 10,000 people showed up. These people were Nashvillians exhibiting who we are . . . DEMANDING Equal Social Justice . . . peacefully and led by our youth. The crowd consisted of every shade of color and ethnicity and beliefs and perspectives and ages. It seems that we adults need to learn from our teens – They did this right. View the Videos at this link – ESPECIALLY the Time Lapse – AMAZINGWhile ...
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By Barry Owen
(Pareto Realty)
Realtors inherently crave human to human connection. As the COVID-19 pandemic unfolded, I knew that isolation (quarantine) would be excruciating for our team of active Real Estate Sales Professionals. I wondered what I could do to take the edge off during this time of quiet solitude. After some contemplation, I arrived at the conclusion that any form of daily contact would be the right salve. For the past 10 weeks, I have sent everyone on our team an email early morning for them to see 1st thing, Today’s message is : “Just sayin’ . . . Y’all are doing some great stuff out there as you help Buyers and Sellers navigate their life changes.I was thankful to see Pottery Barn unscathed this morning after being wary of their decision to cover all of the glass with plywood yesterday.Meanwhile, ...
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By Barry Owen
(Pareto Realty)
Let’s resolve to turn a page starting TODAY . . .  the first day of a freshly minted month (June).This month has SO much potential in terms of creating new opportunities  from the myriad possibilities all around us.Accept all that has been happening the past several months and think about how we can co-create a better world incorporating our new ways of being useful.My mind is spinning as I think back a few days (way back in May) of the roller coaster ride we are all experiencing – Tornadoes and Derechos and disease and civil discord and destruction natural and man created . . . yet there are other amazing things happening – SpaceX happened without complication . . . I was without cell access for 48 hours, and my world didn’t stop.Yeah!The way through all of these challenges is a commit...
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By Barry Owen
(Pareto Realty)
We are ALL “in sales”! Of course, there will be people who disagree because – well – perhaps they consider themselves to be “above” the status of “sales person”. They prefer other, more prestigious titles like “Professional” or “Esquire” or “Doctor” or “Artist” . . . Regardless of title and/or qualifications, I believe EVERYONE who serves anyone at ANY level must first hone their skills through education, training, coaching, and developing or adopting models, systems, tools and leveraging all of it with scaling with the right PEOPLE. ALL us must do this to succeed such that we can serve our loyal customers, clients, patients . . . Once proficient, we each must strive to become “famous” at being “THAT PERSON” who does what you do better than anyone else in your sphere of influence. Becau...
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By Barry Owen
(Pareto Realty)
This is the philosophical “less is more” Try saying fewer words to communicate more effectively. Have you noticed that, when you struggle against the challenge of the day, things actually get WORSE? When something isn’t coming together as you think it should, practice letting go of the things you cannot control. Begin with putting yourself in “time out” and pause the game. Cease your participation – your contribution to the energy of the maelstrom (powerful often violent whirlpool sucking in objects within a given radius) that you and all of the players of the game have created. Decide to be the heteroclite (Maverick) who refuses to fuel the energy sucking drama with your own personal version of insanity. . . and always know that this too shall pass. igbokb Published by Barry Owen Strat...
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By Barry Owen
(Pareto Realty)
Do you remember the days . . . of home Buyers and Sellers coming to agreement and, together with Lenders and Realtors, coordinate a smooth transaction with minimal “outside interference’? This is not say that everything was hunky-dory (Utopian) absent any conflict, but most of the complications were derived from disagreements between the “Parties to the contract” (The Buyers and Sellers). We had “normal” disagreements about value or property condition or closing and possession, and most of these issues could be resolved by some good old-fashioned negotiation. In those days, our batting average of getting to the closing table was pretty high. Since the Recession of 2007-8ish, I’ve noticed a shift towards over-reaching interference from actors who are not “parties to the contract and thei...
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Forbearance – Important Information – What IS it?There’s a LOT of misinformation about forbearance circulating through the internet, media, word of mouth, and even lenders who either are ignorant or uncaring. If you are in a position of needing forbearance – You’re unable to pay your mortgage or other debt payments – Do this INTENTIONALLY. Do the work of talking directly with the company which services your loan and FULLY understand the terms of the agreement. The most frightening thing about this is that there are many people are already “in forbearance” and don’t know. They haven’t a clue of the terms of the agreement. Yep! It’s possible that even YOU have clicked a link and inadvertently requested for your loan to go into forbearance without knowing ANY of the terms for repayment (Ca...
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By Barry Owen
(Pareto Realty)
We are all at a fork in our path! As Yogi Bera so astutely said: “When you come to a fork in the road – Take it!“ This is the first choice . . . the choice to continue FORWARD. Of course, there are 2 other options: STOP right HERE and freeze with analysis paralysis (FEAR), or go back from whence you came. Considering our current circumstances, going back to what was before is an impossibility. Come to think of it, staying where we are now isn’t possible either because our resources will soon be exhausted. WELL? Like it or not, forward it shall be . . . and you cannot take both paths. Robert Frost has something to say about this: The Road Not Taken  Two roads diverged in a yellow wood,And sorry I could not travel bothAnd be one traveler, long I stoodAnd looked down one as far as I couldT...
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By Barry Owen
(Pareto Realty)
Joining the flock seems to be safe in unusual environs. There’s a tendency to relegate individuality to blending into the midst of the mass of sheeple . . . hoping not to be noticed and singled out. Dare you to be different than the others? What if you’re WRONG? What will other people think? What will “they” SAY? Does it matter? My observation is that people who take the stance that “It’s none of my business what other people think of me” get talked about more than others. These folks who PROUDLY STAND OUT from the flock endure insufferable name calling – “traitors” – “Renegades” – “Rebels” – “Outliers” These are the intrepid explorers who strike out on their own to find the GOLD in the vast wild wild West. As the economy begins to spool up after this massive COVID-19 disruption, we are...
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