How Real Estate Investors People Think

 

Introduction

The real estate market is a complicated one. It's a tough industry to navigate, with so many factors influencing the value of homes and rental properties. A few decades ago, investors would have been able to rely on logic and intuition alone to make decisions about what types of properties to buy and when. But today's markets are driven by emotions as much as they are by logic or intuition—and investors need to understand that reality if they want any chance at success in this field.

Logic is not the primary driver

Many people think that real estate investors are driven primarily by logic. Nothing could be further from the truth. People who invest in real estate are motivated by emotions, and those emotions can change from one moment to the next. Your mood and motivation affect how much money you want to spend on a property and whether or not you decide to take action when it comes to your investment decisions.

Trust is a primary driver

The primary driver of trust is time. A person who is trustworthy and honest will prove that in a variety of situations over time. Meanwhile, someone who is untrustworthy will continually give you reasons to mistrust them. Building trust can be difficult because it requires self-awareness, honesty and transparency—all things many people struggle with (including me).

It’s important for investors to remember that there’s no shortcut when it comes to building trust; you have to earn it every day by being honest and genuine with your clients, vendors, partners and team members.

Mood and motivation influence decisions, so real estate investors work to stay motivated & upbeat.

·        Real estate investors are motivated by the prospect of making money.

·        Motivation is a key driver for real estate investors, who need to stay motivated and upbeat in order to succeed.

Behaviors are easy to copy, but hard to change.

Behaviors are easy to copy, but hard to change. We're more likely to mimic others' behaviors than we are to change our own behavior. This means that if you want your employees or your clients to adopt certain behaviors (like using a CRM), you can make it easier for them by modeling those behaviors yourself first!

The best way to do this is by creating a "conceptual model" of the process of changing other people's behavior.

Investing in real estate is driven by emotions in addition to logic and intuition

Investing in real estate is driven by emotions in addition to logic and intuition. You're not buying homes or buildings simply because they make financial sense; you’re doing so out of personal desire, too. That's why it's important to know yourself well enough before starting a real estate investing business so you can be mindful about the role your emotions play in the decision-making process.

Emotions are an important part of investing because they can help investors make good decisions: positive emotions help us identify good opportunities and negative ones deter us from bad ones, which helps ensure that we don't waste time or money on something that won't pan out properly (or at all).

Conclusion

In summary, we can see that real estate investors are influenced by emotions in addition to logic and intuition. In some cases, they may rely on these feelings more than others do. This is not necessarily a bad thing; sometimes it just means that you need to adjust your strategy to match what works best for your investor personality.