Mark Johnson, Author at JP & Associates REALTORS?

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      Episode 108: Amy Steele – Keep Plugging Along

      Episode 108: Amy Steele – Keep Plugging Along

      On episode 108 of Success Superstars, Amy Steele talks with Mark Johnson, CEO of JP & Associates Realtors about being in the business for over 15 years and her experience working in the different market cycles.

      “Keep plugging along. Be consistent.” –?Amy Steele
      Now available on the go: listen to inspirational stories on all podcast platforms including Apple Podcasts, Google Play, Spotify, just search ‘Success Superstars’ anywhere you listen to your favorite podcasts.
      Don’t Let Frightening Headlines Scare You

      Don’t Let Frightening Headlines Scare You

      There’s a lot of anxiety right now regarding the coronavirus pandemic. The health situation must be addressed quickly, and many are concerned about the impact on the economy as well.

      Amidst all this anxiety, anyone with a megaphone – from the mainstream media to a lone blogger – has realized that bad news sells. Unfortunately, we will continue to see a rash of horrifying headlines over the next few months. Let’s make sure we aren’t paralyzed by a headline before we get the full story.

      When it comes to the health issue, you should look to the?Centers for Disease Control and Prevention?(CDC) or the?World Health Organization?(WHO) for the most reliable information.

      Finding reliable resources with information on the economic impact of the virus is more difficult. For this reason, it’s important to shed some light on the situation. There are already alarmist headlines starting to appear. Here are two such examples surfacing this week.

      1.?Goldman Sachs?Forecasts the Largest Drop in GDP in Almost 100 Years

      It sounds like Armageddon. Though the headline is true, it doesn’t reflect the full essence of the?Goldman Sachs?forecast. The projection is actually that we’ll have a tough first half of the year, but the economy will bounce back nicely in the second half; GDP will be up 12% in the third quarter and up another 10% in the fourth.

      This aligns with?research?from?John Burns Consulting?involving pandemics, the economy, and home values. They concluded:

      “Historical analysis showed us that pandemics are usually V-shaped (sharp recessions that recover quickly enough to provide little damage to home prices), and some very cutting-edge search engine analysis by our Information Management team showed the current slowdown is playing out similarly thus far.”

      The economy will suffer for the next few months, but then it will recover. That’s certainly not Armageddon.

      2. Fed President Predicts 30% Unemployment!

      That?statement?was made by James Bullard, President?of the?Federal Reserve Bank of St. Louis. What Bullard actually said was it “could” reach 30%. But let’s look at what else he said in the same?Bloomberg?News?interview:

      “This is a planned, organized partial shutdown of the U.S. economy in the second quarter,”?Bullard said. “The overall goal is to keep everyone, households and businesses, whole”?with government support.

      According to?Bloomberg, he also went on to say:

      “I would see the third quarter as a transitional quarter” with the fourth quarter and first quarter next year as?“quite robust”?as Americans make up for lost spending.?“Those quarters might be boom quarters,”?he said.

      Again, Bullard agrees we will have a tough first half and rebound quickly.

      Bottom Line

      There’s a lot of misinformation out there. If you want the best advice on what’s happening in the current housing market, contact your local real estate agent.

      Episode 107: Kelly Snodgrass – There Has To Be A Connection

      Episode 107: Kelly Snodgrass – There Has To Be A Connection

      On episode 107 of Success Superstars, real life Wonder Woman Kelly Snodgrass from Arlington, Texas talks with Mark Johnson, CEO of JP & Associates Realtors about what drives her to keep being a team leader, JPAR Texas Managing Broker, wife, volunteer at church, coach and more. About 85% of Kelly’s past clients come back to do business with her.
      “There has to be a connection.” –?Kelly Snodgress
      Now available on the go: listen to inspirational stories on all podcast platforms including Apple Podcasts, Google Play, Spotify, just search ‘Success Superstars’ anywhere you listen to your favorite podcasts.
      Be Your Best When It Matters Most

      Be Your Best When It Matters Most

      These are unprecedented times.

      As I sat down to write this week’s blog, one word came to mind: GRIT. One definition of grit is the passion and perseverance for long-term and meaningful goals. All of you that I work with have significant short term and long-term goals; thus, my intention today is to provide some perspective on grit, how you can apply it, and practical next steps to stay in positive motion.

      Some of the best work on grit is by Angela Duckworth if you haven’t seen her TED talk, I highly recommend it. Click here.

      Grit is also a term psychologist use to describe abiding perseverance. Not just the energy it takes to push through a difficult task, but the power needed to push through weeks or months of challenging tasks. A characteristic many of us will need in the weeks and months ahead.

      One of the best four-word descriptions of grit comes from Scottish philosopher Thomas Carlyle, and he said it three hundred years ago. It was right then, and it’s still valid now: “No pressure; No diamonds.”

      No pressure; No diamonds.

      Diamonds form because carbon is set under extreme pressure in the earth. Without pressure, it would just be carbon, or maybe it would turn into graphite. This phrase is saying that the “gems of humanity” our greatest feats, works, endeavors, only happen when we are placed under enormous pressure. Another common expression is “there is no gain without pain.” Yet another is “the finest steel is forged in the hottest fires.”

      My point being. This is our time. It truly is in our moments of decision that our destiny is made. We can choose to live in fear or faith. We can choose to live in doubt, lack, and limitation or choose joy, satisfaction, gratitude, and appreciation. It’s a choice.

      I suppose it was in basic training that I started to learn the basics of grit, the need to control my thoughts on a nearly moment-by-moment basis. The type of grit needed when fear, doubt, and disappointment are regular companions.

      It seems the real secret of managing my mindset is to exploit that little gap between the moment a thought arises and the moment our brain attaches emotion to that thought. When you get into that gap, you can replace a thought that does not serve you with a better one, thus neutralizing the stress response in the short term and reprogramming the brain over the long term. By observing and dealing with your thoughts as they arise, you start to notice this gap and can close it.

      So, what can we do? Three steps to consider right now:

      It’s never been more important to stay in a consistent routine and foster a growth mindset

      If you have a growth mindset, you believe everyone can grow and change through the application, exercise, and a lot of hard work. Adhering to a routine – like connecting with ten people a day – allows us to foster habits that match our goals and aspirations. While our routine helps us develop good habits that are in line with exploiting our full potential, it also helps to eradicate habits that do not serve us well.

      Be a Voice of Value

      Right now, your tribe needs you more than ever, so be there for them. With social distancing, you might not be able to see people physically, but you can still video call, text, email, and write personal notes. Use data from www.jparinsights.com to be the voice of reason, offer a helping hand. Be resourceful and ask yourself how you can serve your customers, your neighbors and your community in this time of difficulty while still practicing social distancing, robust handwashing, and sanitary measures.

      Learn more to earn more

      Now is the perfect time to commit to some extra sales training. Your skills pay the bills, so take this opportunity to invest in yourself and keep them sharp. Lead generation and relationship-building are two pillars we can never learn enough. At JPAR have over 100 on-line pieces of training and access to some of the best continuing education on the planet at www.jparce.com plus the world-class BANK vault at www.jparvault.com proven to increase your sales by 300%.

      Stay safe, my friends, and be the best when it matters most.

      #WinTheDay

       

       

      Three Reasons Why This Is Not a Housing Crisis

      Three Reasons Why This Is Not a Housing Crisis

      In times of uncertainty, one of the best things we can do to ease our fears is to educate ourselves with research, facts, and data. Digging into past experiences by reviewing historical trends and understanding the peaks and valleys of what’s come before us is one of the many ways we can confidently evaluate any situation. With concerns of a global recession on everyone’s minds today, it’s important to take an objective look at what has transpired over the years and how the housing market has successfully weathered these storms.

      1. The Market Today Is Vastly Different from 2008

      We all remember in 2008.?This is not 2008. Today’s market conditions are far from the time when housing was a key factor that triggered a recession. From easy-to-access mortgages to skyrocketing home price appreciation, a surplus of inventory, excessive equity-tapping, and more – we’re not where we were 12 years ago. None of those factors are in play today. Rest assured,?housing is not a catalyst?that could spiral us back to that time or place.

      According to Danielle Hale,?Chief Economist?at?Realtor.com, if there is a recession:

      “It will be different than the Great Recession. Things unraveled pretty quickly, and then the recovery was pretty slow. I would expect this to be milder. There’s no dysfunction in the banking system, we don’t have many households who are overleveraged with their mortgage payments and are potentially in trouble.”

      The?Goldman Sachs GDP Forecast?released this week indicates that although there is no growth anticipated immediately, gains are forecasted heading into the second half of this year and getting even stronger in early 2021.?Both of these expert sources indicate this is a momentary event in time, not a collapse of the financial industry. It is a drop that will rebound, a stark difference to the crash of 2008 that failed to get back to a sense of normal for almost four years. Although it poses plenty of near-term financial challenges, a potential recession this year is not a repeat of the 2008 long-term housing market crash we remember all too well.

      Three Reasons Why This Is Not a Housing Crisis | Keeping Current Matters

      2. A Recession Does Not Equal a Housing Crisis

      Next, take a look at the?past five recessions?in U.S. history. Home values actually appreciated in three of them. It is true that they sank by almost 20% during the last recession, but as we’ve identified above, 2008 presented different circumstances. In the four previous recessions, home values depreciated only once (by less than 2%). In the other three, residential real estate values increased by 3.5%, 6.1%, and 6.6% (see below):Three Reasons Why This Is Not a Housing Crisis | Keeping Current Matters

      3. We Can Be Confident About What We Know

      Concerns about the global impact COVID-19 will have on the economy are real. And they’re scary, as the health and wellness of our friends, families, and loved ones are high on everyone’s emotional radar.

      According to?Bloomberg,

      “Several economists made clear that the extent of the economic wreckage will depend on factors such as how long the virus lasts, whether governments will loosen fiscal policy enough and can markets avoid freezing up.”

      That said, we can be confident that, while we don’t know the exact impact the virus will have on the housing market, we do know that?housing isn’t the driver.

      The reasons we move – marriage, children, job changes, retirement, etc. – are steadfast parts of life. As noted in a recent piece in the?New York Times, “Everyone needs someplace to live.”?That won’t change.

      Bottom Line

      Concerns about a recession are real, but housing isn’t the driver. If you have questions about what it means for your family’s home buying or selling plans, reach out to one of our associates who would be glad to discuss and consult.

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