Originally Posted: January 15th, 2010
That may seem like an obvious answer, but the more I hear about financial scandals in the news, the more I have to ask the question: Is trust important? For me, that answer is a resounding YES!.
As an example, I often “skin” up or mountaineer up Copper Mountain early in the morning to get my workout in before the day starts. Ski mountaineering allows you to use telemark skis with “skins” to climb a mountain, then remove the skins, and ski down. It’s a great way for me to clear my mind and get a good workout at the same time. Typically, it’s before the resort opens up in the morning. The ski patrollers are setting up and getting the runs ready for the crowds to start coming up the lift. As I’m climbing up the mountain on my skis, I often interact with the ski patrol. At the beginning when I started seeing them, they would stop and ask me questions about where I was going, if I had the right equipment, warning me about snow grooming equipment, etc. Over the years they’ve gotten to know me and trust me. Now all they do is simply wave at me and say hello, or stop and we do small talk about the weather or the crowds that might be coming up to Copper Mountain that weekend. So essentially I’ve earned their trust, and they trust me to do the right thing. It is a critical aspect in any relationship that I enter into; that people trust me to make the right decisions.
I think that’s even more important when you’re buying real estate with investors. When I work with my investors to put them into a specific deal that meets their risk/reward criteria, I need to know that they trust me in my decisions to make those investments payoff. With over 8 years of experience in analyzing, managing, and developing real estate, my qualifications help to build that trust.
Whether it’s earning the trust of your partners, investors, family, friends or even the ski patrol, it is more important than ever to know that they can count on you. 2010 and 2011 will prove to be one of the best buying opportunities that we have ever seen and I plan on converting that trust into strong returns for my investors.
Darren Nakos, CCIM
Resort Realty Capital
111 Main St
P.O. Box 630
Frisco, CO 80443-0630