Austin Texas Real Estate Blog

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Time-Traveling Real Estate Broker Visits 1987!

 

 I was ready at last.  Time to fire up the DeLorean.  The flux capacitor is working properly and fully charged.  I have to get it up to 88 miles per hour in the mall parking lot before I slam into the department store.  Let’s set the dial here…

DECEMBER 20, 1987

I was a senior in high school that year.  Wow!  This will be an interesting experience.  I don't look forward to seeing how young I looked back then compared to now.

Here we go…let’s get this baby moving.  We are at 78….80….84…86….87…..88!

(BOOM!)


Whoa!  I forgot that the mall and the parking lot didn’t exist in 1987.  I am in a cow field near Dallas.  I need to get a message to my mom somehow without frightening her with the appearance of 37-year old Jason.



I guess I could try to call myself.  Wait…my cell phone won’t work.  Darn.  School is out for the Christmas holidays, so I can probably find the 17-year old Jason working at the Minyard’s grocery store, or at home. 

I'll try the store first. 

Is that me helping that lady get groceries into her car?  I’m so skinny!  Inconceivable! 

Wow – there’s Dawn.  I haven’t thought about her in years.  And Vicki.  OK.  Don’t get distracted, Jason.  You have a mission here.  Get his attention somehow.

MODERN ME (MM): Hey, Jason!
17-YEAR OLD ME (17YOM): Hi.  Do I know you?  You look familiar.
MM: Well, yes and no.  I am you in twenty years.
17YOM: Really?  That’s great.  I have to get back to work now. 

Great! I scared myself.  Think…think….

MM: Jason, what if I could tell you something that no one else would know about you offhand?
17YOM: Like what?
MM: Like your SAT scores, which girls you like here, your favorite songs, what you want to do with your life, which girl you made out with in the backyard at the last senior party, among other things.
17YOM: You do look like me a little bit, I guess.  Can you buy me and my friends some beer? 

 

After a few minutes of talking (and declining to purchase the beer), I managed to convince my younger self that this older dude was indeed himself 20 years hence, with no small measure of embarrassment (“You don’t look so great.  I guess I need to exercise more when I hit my 30’s.  I am a real estate broker in the future?  Seriously?  What happened to studying medicine?  I want to be a pediatrician.”).



MM: Look, I have some advice for you.  You need to convince mom to start investing in real estate.
17YOM: You came back 20 years to offer me a business opportunity?  Isn’t that a little cheesy?  

MM: Well, maybe, but I am going to use this conversation in a blog post to illustrate the value of real estate investing and how this is the most consistent investment historically.
17YOM: A log post?  Like wood?  Or something for a tent?  Are you making a cabin?
MM: No, a blog is a web log.  Like on the internet.  Wait… you don’t have the internet yet, do you?
17YOM: I don’t think I’ve heard of that. Does it have something to do with fishing?  I don't really like to fish.  You should know that already.

MM:  I don’t have enough time to fully explain the internet, but basically you will be able to use your computer for a lot more than word processing in the future.  Think of a blog as a diary of articles that you can share with people across the country and around the world.  I use my blog to reach other real estate agents and people who buy and sell homes so they can learn about me and my business. 

17YOM: Thanks for the lengthy explanation, chief.  (I was a pretty sarcastic kid, apparently) 
MM:  Anyway, give mom these statistics and all this information.  She will understand.  It’s all laid out there for you and her.  Even though the real estate market looks bad right now, since the stock market crash from a couple of months ago, if you guys start investing soon using the tips in this folder, you will be able to amass a real estate empire over time.  Trust me on this.  Would I steer you wrong?   (2nd Author’s note: Why would I steer my clients wrong either?)
17YOM:  I doubt it.  By the way, do you like what you do?
MM: I actually love it – most of the time.  By the way, it might not be a bad idea to take some additional computer programming classes. 


After a couple of hours of hanging out with 1987 Jason, and giving him some advice about women, college, and business, along with some stock tips, I knew it was time to get back so that I could write this post. 

Over the long haul, real estate has proven to be the most consistently profitable investment around.
  Austin, Texas investment property is still priced very reasonably, with single family homes starting around $120,000 and duplexes priced from about $180,000.  If you are considering buying Austin real estate, please feel free to give me a call. 

Who knows? I might even be willing to let you take the DeLorean for a spin.

I can be reached at 512-796-7653 (cell) or by email at jason@austintexashomes.com.  I look forward to hearing from you soon!

 

If you enjoyed this post, why not connect with me elsewhere or subscribe via email?

If you're looking for a home in the Austin area, you can also visit my primary Austin real estate website at www.austintexashomes.com.  If you're interested in social media training, visit 210 Consulting. Thanks!

Comments

I'm very glad to hear you did not go back to pick up your parachute pants!
You've given a fun illustration of the proven value of investing in real estate.  Trying to time the market is pointless when you realize the consistency of the profit over time.
Posted by Elaine Hanson, REALTOR® ~ Topanga, CA Real Estate Agent (Snyder Sutton Real Estate) over 4 years ago

ELAINE - I can't believe I forgot my parachute pants!  I'll be back.

But seriously, thanks for commenting.  I am glad to see that you enjoyed it.  Hopefully, consumers will, too! 

Posted by Jason Crouch, Broker - Austin Texas Real Estate (512-796-7653) (Austin Texas Homes, LLC) over 4 years ago
So Jason, are you suddenly a richer man because your mom and your younger self invested in real estate?   Inquiring minds want to know. :)   That was a fun read.  Thanks.  
Posted by McHugh Realtors over 4 years ago

KATHY - Jason is on his yacht right now.  When he returns to the estate, I will greet him at the helipad with your question.  He seems to be doing pretty well for himself these days.

 - Chris, Personal Assistant to Jason Crouch, Esquire

 

Real response:  KATHY - Thanks for commenting!  I am glad you liked it.

Posted by Jason Crouch, Broker - Austin Texas Real Estate (512-796-7653) (Austin Texas Homes, LLC) over 4 years ago
Wow, my head is spinning.  This time travel is making me thirsty.
Posted by Dan Forbes over 4 years ago
Jason,, why didnt you tell Young Jason to find Michael Dell and make him a best friend and partner in his college dorm experiments?  But your 100% CORRECT.  over the long haul Real Estate is a golden investment.
Posted by South Austin Real Estate Blog (Sky Realty South Austin) over 4 years ago

Jason, what kind of guy won't even shouldertap for himself?  Get back in that Delorean and buy yourself some beer!

Great advice, otherwise.  5 years from now, If I hear one single person start to say, "Jeez, I wish I bought five of those houses back when the market was ..." I will strangle them.  Keep that Delorean handy.  I might have to travel back in time to bail myself out of jail.

Posted by Paul Slaybaugh, Scottsdale AZ Real Estate (Realty Executives) over 4 years ago
Now wouldn't it be awesome if we could go back in time with what we know now? We'd all be filthy rich!
Posted by Lisa Hill (Daytona Beach Real Estate) (Florida Property Experts) over 4 years ago

Jason, that post is priceless, I am still laughing.  I loved that movie and loved the way you tied it into Real Estate!  If only we knew THEN what we know NOW.  Thanks for a great laugh!

Posted by Laura Cerrano and Carole Provenzale Owner, Feng Shui Long Island & New York (Feng Shui Long Island & New York City/Feng Shui Manhattan ) over 4 years ago
Jason- i love the way you put thing...i always read the whole thing and often am heard laughing at my screen. Investment in RE is still a winner and will remain that I think.
Posted by Brentwood TN Homes, Real Estate Vanessa Stalets REALTOR® (RE/MAX Elite) over 4 years ago
*STANDING OVATION* Brilliant! PLEASE check your e-mail - I have a very special request! This is truly inspiring and what blogging should be all about - apart from the whole "hey this is me and what I like" stuff that I also think is very important!
Posted by Simon Conway (Orlando Area Real Estate Services) over 4 years ago
Jason, I loved this, but I have to say that I'm with Paul on the beer.  Cut a kid a break, dude :)
Posted by Lisa Heindel, New Orleans Real Estate Broker (Crescent City Living LLC) over 4 years ago
Speaking as the dad of two teenage daughters - you can skip the whole beer thingy for me please. I have enough gray hair thank you very much!!
Posted by Simon Conway (Orlando Area Real Estate Services) over 4 years ago
DAN - Maybe you should go back in time and have a brewski with 1987 Jason.  That might quench your thirst.
Posted by Jason Crouch, Broker - Austin Texas Real Estate (512-796-7653) (Austin Texas Homes, LLC) over 4 years ago
Jason, Sounds like you had a fun trip back in time!  I'm glad you gave yourself such good advice.  Now it is time to loan out your Delorean to your good friends so that we can all give our young self some advice.  Let me know when it is my turn!
Posted by Roberta LaRocca REALTOR® Las Vegas Broker Salesperson Property Management (Encore Realty Group - EncoreRealtyGp.com) over 4 years ago
That was a fun road trip!  Taking a spin with Jason in a DeLorean to 1987 and back to the future in Real Estate!  Very imaginative trip, thanks for the ride!
Posted by Deborah Burns ~ Seattle Real Estate Agent (Realty Executives -BRIO) over 4 years ago
GAIL - It's funny that you mentioned that.  I had a closing years ago, and the escrow officer told us a story about closing Michael Dell's first home (his mom was there with him).  He was trying to convince the closer to invest in his small company, and she said, "Oh, no thanks.  I don't have a lot of extra money to invest."  Talk about the mistake of the century!  But then again, how could she have possibly known? 
Posted by Jason Crouch, Broker - Austin Texas Real Estate (512-796-7653) (Austin Texas Homes, LLC) over 4 years ago
JASON - You've outdone yourself my friend.  This was awesome.  I hope that you make this a recurrig column, because it was one of the most fun, fascinating reads that I've ever seen on AR.  By the way, please don't go back for the parachute pants...FTMCS.
Posted by Adam Waldman - Long Island REALTOR® (Westcott Group Real Estate Company) over 4 years ago
PAUL - I have heard that more times than I care to count ("I wish I had bought when...").  That was part of the reason for writing this one.  As for the beer, I know my 17-year old self too well.  He is a wild man, and I don't want him getting arrested. 
Posted by Jason Crouch, Broker - Austin Texas Real Estate (512-796-7653) (Austin Texas Homes, LLC) over 4 years ago
Just stopped by for my 25 points!  Thanks.  Have a good weekend.
Posted by Georgina M. Hunter R(S) e-Pro Maui Real Estate Sales (Jim Sanders Realty Inc. - Maui) over 4 years ago

LISA - That really would be awesome.  Thanks for your comments!

CAROLE - I am so glad you liked this one.  I considered not even posting it, as I thought it might be a little too odd, but the response is great. 

VANESSA - Glad to hear that this made you laugh out loud.  That was part of the intent.  Have a great weekend and a very merry Christmas!

SIMON - Thanks!  I emailed you back.  I appreciate your kind compliment.  Glad to hear that it had an effect on you.  This was my first real attempt at fiction here.

 

Posted by Jason Crouch, Broker - Austin Texas Real Estate (512-796-7653) (Austin Texas Homes, LLC) over 4 years ago
Jason- So you liked Back to the Future? Real estate is the one solid investment that in the long haul is always the best investment, no matter what the market may be doing right now. Katerina
Posted by Nestor & Katerina Gasset Realtors® Wellington Florida Homes For Sale (International Properties and Investments LLC) over 4 years ago

ROBERTA - Here are the keys.  Try to have it back to me by Christmas.

Posted by Jason Crouch, Broker - Austin Texas Real Estate (512-796-7653) (Austin Texas Homes, LLC) over 4 years ago

DEBORAH - I'm glad you appreciated and liked this post so much.  It was a fun trip, huh?  Adam is suggesting that I make it into a series.  I may take him up on that.

ADAM - Thanks for your enthusiastic compliments.  It means a lot to me.  I may try to make this into a recurring column, per your suggestion.  I really appreciate that.  Talk to you soon -

KATERINA - Yes, I liked all of the Back to the Future movies.  Thanks for reading this one - you nailed the point of the post.

Posted by Jason Crouch, Broker - Austin Texas Real Estate (512-796-7653) (Austin Texas Homes, LLC) over 4 years ago
Jason, I'm certain that I've seen Back to the Future at least a dozen times.  This was a great creative post to get across the point of the value of real estate investment.  So many people these days keep saying "If only I bought 20, 10, 5, years ago..."  One of my brokers always says "The best time to invest in real estate?  20 years ago.  The second best time?  Today."  The point being that in the long run, real estate is generally a great investment.  With fluctuations in the short term market, flippers and speculators lose out, but true buy and hold investors will earn a bundle over time.
Posted by Brian Block -- Northern Virginia & D.C. Real Estate (RE/MAX Allegiance, Managing Broker/Branch Vice President) over 4 years ago

BRIAN - I have also seen this movie a BUNCH of times.  Thanks for your compliment and for your comments.  I could not agree more with you. 

Posted by Jason Crouch, Broker - Austin Texas Real Estate (512-796-7653) (Austin Texas Homes, LLC) over 4 years ago

Jason, What did you tell yourself to buy? A complete analysis of the transaction would have been nice.

Bill Roberts

Posted by Bill Roberts - "Baby Boomer" Retirement Planner (Brooks and Dunphy Real Estate) over 4 years ago
BILL - You're right.  I will do a separate post detailing this.  Actually, pretty much anything would be a good investment twenty years ago, right?
Posted by Jason Crouch, Broker - Austin Texas Real Estate (512-796-7653) (Austin Texas Homes, LLC) over 4 years ago

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