If you're a real estate professional, do you think you could pass the marshmallow test?
You know you can get a deal closed and make good money. But you also know that the likelihood of your buyers being able to keep the home is unlikely if they buy now instead of in the future when their income or credit is better. You've been in this position and you may have tried to justify it. So I ask: Would you pass the marshmallow test by doing the right thing in hopes of more good referral business (more marshmallows)? Or do you eat the one and only marshmallow now and make money?
Integrity is doing the right thing when nobody else is looking.
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22 comments • Nevin Williams, San Diego's best mortgage pro! • March 18 2010 08:32AM
Yes, I would absolutely pass the marshmallow test! I can sleep at night - and I value this greatly!
-Karin
It is easy to answer and it is what you do not what you say!
Me too! I am with Karin - I sleep well at night. Life is much too short to ever give up on your integrity.
Thanks Nevin for the fun and light-hearted post. It is a bit of a stretch comparing this to real estate but I get your point. Good luck.
Cute post and a good mid-week reminder to retain our values. Thanks fo the upper!
Karin - LOL me too!
Tim - I agree!
Paula - Sleeping well is a great feeling isn't it?
Melissa - You bet. It certainly is but the principle is the same..wait for the big payoff or take what you can get right now. Decisions we make in life and the results!
Lisa - Anytime! Cute video huh?!
I'd definitely do the right thing Nevin...wouldn't want someone to treat me otherwise! Happy Thursday!
Nevin- great analogy. Doing the right thing IS the only wya. But not always so easy to do. Keeping our clients' interests first and foremost is key.
Jeff
Wanda - I agree but I guarantee there are some who will read this blog who ate the first marshmallow. Of course they will never admit it!
Jeff - Thanks! I thought the video was hilarious and it inspired me to use it as an analogy. Great meeting up with you Monday!
It's more important to do the right thing by yourself and your clients. In the end, doing the right thing will pay off much better than if you don't do the right thing. I'd pass the marshmallow test and I know you would too!
A saying repeated by my parents to me and my siblings, "Nobody can take your integrity away, you can only give it away". Best advice ever! Thanks for the smiles, great vidoe!
Kathy - That is great advice from your parents. Smart people!
Nevin: Absolutely fantastic post! Very original and thought provoking! The looks of frustration and determination on some of those kids faces was priceless. The lessons we learn in our childhood about right and wrong really doesn't change much when we are adults, do they? Same predicaments ... we're just older with more serious outcomes.
Gene
Hi Gene! Thank you for the kudos! You understand my point exactly and I loved this video. Made me laugh and then inspired me to blog about the "lesson" in this video.
Did you know that if you microwave a marshmallow it grows very large?
Melissa - LOL you are such a crack up!
Nevin - I would pass the marshmallow test...No Doubt! I can't wait to do a deal with you, because I know that you would easily pass the test too!
What a wonderful post to find after a crazy day, THANK YOU!
All that for just a marchmellow? How about some candybars?
Amy - LOL Glad you enjoyed this post and I look forward to closing a deal with you soon!
Drew - Sure why not? Candy bars are overrrated
Hi Nevin,
In the country ....There's a saying
Leave the woodstack higher than you found it !!!
Robert - Unless you're at Burning man