Fran Rokicki Realty, LLC Blog: July 2008

Positive thoughts and ideas about real estate. Working through and with this changed market, to better serve clients. Experience, education, reliable service and results. You'll love working with Fran!

Rule of Supply & Demand

Maybe you know about this.  It is from my good friend, Lynette Haber.

Just in case, I thought it was good enough to share here on rain! 

 Could it be solved simply by doing this?!

 A man eats two eggs each morning for breakfast. When he goes to the
 grocery store he pays 60 cents a dozen. Since a dozen eggs won't last
 a week he normally buys two dozens at a time. One day while buying
eggs he notices that the price has risen to 72 cents. The next time he buys
groceries, eggs are 76 cents a dozen.

 When asked to explain the price of eggs the store owner says, 'The
price  has gone up and I have to raise my price accordingly'. This store
buys 100 dozen eggs a day. He checked around for a better price and all the
 distributors have raised their prices. The distributors have begun to
buy from the huge egg farms. The small egg farms have been driven out of
 business. The huge egg farms sell 100,000 dozen eggs a day to
 distributors. With no competition, they can set the price as they see
 fit. The distributors then have to raise their prices to t he grocery
 stores. And on and on and on.

 As the man kept buying eggs the price kept going up. He saw the big
egg  trucks delivering 100 dozen eggs each day. Nothing changed there. He
 checked out the huge egg farms and found they were selling 100,000
dozen  eggs to the distributors daily. Nothing had changed but the price of
 eggs.

 Then week before Thanksgiving the price of eggs shot up to $1.00 a
dozen.
 Again he asked the grocery owner why and was told, 'Cakes and baking
for the holiday'. The huge egg farmers know there will be a lot of baking
going on and more eggs will be used. Hence, the price of eggs goes
up
.
Expect the same thing at Christmas and other times when family
cooking,  baking, etc. happen.

 This pattern continues until the price of eggs is 2.00 a dozen. The
man says, ' There must be something we can do about the price of eggs'.

 He starts talking to all the people in his town and they decide to
stop buying eggs. This didn't work because everyone needed eggs.

Finally, the man suggested only buying what you need. He ate 2 eggs a
day. On the way home from work he would stop at the grocery and buy
two
 eggs. Everyone in town started buying 2 or 3 eggs a day.

 The grocery store owner began complaining that he had too many eggs
in his  cooler. He told the distributor that he didn't need any eggs. Maybe
wouldn't need any all week.

 The distributor had eggs piling up at his warehouse.. He told the
huge egg farms that he didn't have any room for eggs would not need any for at
 least two weeks.

 At the egg farm, the chickens just kept on laying eggs. To relieve
the pressure, the huge egg farm told the distributor that they could buy
 the eggs at a lower price.

 The distributor said, ' I don't have the room for the  xxxxx eggs,
even  if they were free. The distributor told the grocery store owner
that he would lower the price of the eggs if the store would start buying
 again.


The grocery store owner said, 'I don't have room for more eggs. The
 customers are only buying 2 or 3 eggs at a time. Now if you were to
 drop the price of eggs back down to the original price, the customers
 would start buying by the dozen again'.

The distributors sent that proposal to the huge egg farmers but the
egg  farmers liked the price they were getting for their eggs but, those
chickens just kept on laying. Fin ally, the egg farmers lowered the
price of their eggs. But only a few cents.

 The customers still bought 2 or 3 eggs at a time. They said, 'when
the price of eggs gets down to where it was before, we will start buying
by the dozen.'

 Slowly the price of eggs started dropping. The distributors had to
slash their prices to make room for the eggs coming from the egg farmers.
The egg farmers cut their prices because the distributors wouldn't
buy at a higher price than they were selling eggs for. Anyway, they had full warehouses and wouldn't need eggs for quite a while.

 And those chickens kept on laying.

 Eventually, the egg farmers cut their prices because they were
throwing away eggs they couldn't sell.

 The distributors started buying again because the eggs were priced to
 where the stores could afford to sell them at the lower price.

 And the customers starting buying by the dozen again.

 Now, transpose this analogy to the gasoline industry.

 What if everyone only bought $10.00 worth of gas each time they
pulled to the pump? The dealer's tanks would stay semi full all the time. The
dealers wouldn't have room for the gas coming from the huge tank
farms.
The tank farms wouldn't have room for the gas coming from the
refining plants. And the refining plants wouldn't have room for the oil being
off loaded from the huge tankers coming from the oil fiends.

 Just $10.00 each time you buy gas. Don't fill it up. (I do this, never thought about it!)  (I have been trained since the first day I drove at 17, to always fill the tank.  I never let it go below a quarter of a tank) LOL!

You may have to stop for gas twice a week but, the price should come down.

 Think about it.

 As an added note...When I buy $10.00 worth of gas that leaves my tank
a little under quarter full. The way prices are jumping around, you can
 buy gas for $2.65 a gallon and then the next morning it can be $2.15.
If you have your tank full of $2.65 gas you don't have room for the
$2.15 gas. You might not understand the economics of only buying two eggs
at a time but, you can't buy cheaper gas if your tank is full of the high
 priced stuff.

 Also, don't buy anything else at the gas station; don't give them any
more  of your hard earned money than what you spend on gas, until the
prices  come down...'just think of this concept for a while.

so. please pass this concept around....reaching out to the active rain members, Realtors, (yes, we do drive around, use lots of gas) especially now with all the properties that are on the market, the mass ..the world .....the universe.

 It really is something to think about.  Let us know if you have any good ideas about bringing fuel prices down.  I can't even imagine what folks here in New England, will do this winter for fuel oil!  They say there is a three month wait for the pellet stoves.  So many people know that they will need an alternative heat source this winter to heat their homes.

 It's a Good Life!

It's a Good Life!

Fran

Oh, By the Way...if you know of someone who could use my good services, please send me their contact information.  I will foillow-up and take good care of them for you.  I am never to busy for your referrals!

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Out Showing on a Lake Today!

What a good way to spend a Sunday morning!  Clients of mine are looking to purchase a second home on a lake in Connecticut.  Though this morning started out with rain, the sun popped out while we were looking at these lake properites.  The boat launches were not busy.  Only one or two boats went by while we took our tours.  Sunday must be sleep in day on the lake!  Some folks were walking babies, one Dad and his two boys walked by with fishing poles and one cottage was getting a new roof today.  We looked at several properties, with one or two possibilities.  Stopped for ice coffee and double chocolate muffins in a cute coffee bar.  A few locals came by. 

So, we finished up around one o'clock.  Lots for them to think about.  Considering all of their options and keeping our eyes open for more possibilities.  It was a very relaxing time for us.  Maybe, because it is a second home, or because of the peaceful lake scenery. 

We once owned a home on Martha's Vineyard.  That island has the same peaceful feeling to life when you are there.  No worries, no hurrying about, just taking in all of the beauty surrounded by water. 

It's a Good Life!                                                                                                     Page copy protected against web site content infringement by Copyscape

 

It's a Good Life!

Fran

Oh, By the Way...if you know of someone who could use my good services, please send me their contact information.  I will foillow-up and take good care of them for you.  I am never to busy for your referrals!

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California Bound Anyone? Favorite Phrases

Please do, let me know, if you will be attending the Brian Buffini MasterMind Summit in August.  It would be so cool to meet all of you:)  I laugh as I post this because my children remember one thing the most, from their California visits over the years.  The saying, that's cool, or, so cool.  To this day, when anyone mentions Disneyland or Brian Buffini, my kids come out with, that's cool.  We all burst out in laughter.

We all have our little phrases.  When my youngest Daughter, Tricia, went to Lynchburg College, she learned many southern phrases.  She once told someone that they were fresh, which here means, misbehaving.  She was asked to write a paper on the phrase and how it was used in Connecticut.  LOL!  Nice extra credit!

At the Disney parks, on either coast, if you ask them for directions, they will never point one finger. Did you ever notice that?  They point with their first two fingers in the direction they are sending you.  I did ask a cast member and apparently, in some cultures, you cannot point.  Disney is very guest friendly!

If you would leave one of your hometown or region phrases below in the comments, I would love to read them.  Seems like a fun thing to share and be made aware of.

Hope to see you on the West Coast! 

See you real soon!

It's a Good Life!

It's a Good Life!

Fran

Oh, By the Way...if you know of someone who could use my good services, please send me their contact information.  I will foillow-up and take good care of them for you.  I am never to busy for your referrals!

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Breakfast Buddies are So Good to Have! I'm a Yankee Doodle Dandy!

Every morning it is important, to me, to start off the day on a positive way.  Bright and early, my lab, Jack, wakes me up.  You can't help but smile because he is so enthusiastic and happy about this new day! After taking care of his morning needs, I ready myself for the day.  Some mornings, I go out for coffee and breakfast.  Over the years, I have been fortunate to meet really good friends.  It has become a tradition to see this people who greet you with a friendly smile.  Almost like an extended family.

Today, our regular breakfast spot was closed due to the holiday.  We headed toward our holiday meeting place, Friendly's, by the Buckland Hills Mall.  It is always open on holidays, which works out well for those of us who like to treat ourselves to breakfast.  The restaurant opens at 7 a.m.  There were more people there this morning, than usual.  It was raining this morning, maybe, that had some influence on it.  Our friends came in, were directed by the hostess to a booth.  Oops!  They realized they could sit with us because in Friendly's, two booths can become one, simply by removing the center divider. So, they moved themselves next to us. It worked out perfectly.  The waitress didn't mind.

Lena had the Yankee Doodle Dandy tune stuck in her head.  She sang it to Larry and Carol as MaryAnne and I just laughed.  The waitress joined in, too.  The waitress was a dynamo.  We were amazed and pleased at her good service.  Food was delicious and hot.

This is not the usual way that most people start out on a holiday, but, I am not a usual person")  We did invite our group of breakfast buddies, but today, some of them must have slept in.  Maybe, they showed up later.

Cookout for supper with my kids and then, back to work tomorrow.  Hope you see some of your good friends and get to share a song or a laugh or two, today! 

 Happy Fourth of July!  I'm a Yankee Doodle Dandy!

It's a Good Life!

                                                       Fran Rokicki's Breakfast buddies

 

It's a Good Life!

Fran

Oh, By the Way...if you know of someone who could use my good services, please send me their contact information.  I will foillow-up and take good care of them for you.  I am never to busy for your referrals!

Free CT MLS Search