Today I Met a Reality Millionaire
 | Today I met a reality Millionaire in person. Let me start by saying that I don't mean "reality TV" star, but I mean reality when it comes to the "everyday Joe", but in this case, Joe just happens to have more than $1,000,000 of disposable cash in his bank account. I have dealt with many million dollar properties and produced real estate miracles to help those families, but because the price of the house is $1.0 Million dollars, doesn't mean that they are real millionaires. It could just mean that a particular family earns just enough income to spread that million dollar price tag over 30 years. |
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Today, the 1st week of November 2009, I met a real millionaire. Someone who does have $1.0 Million or more in cash in his bank account. I know this because as I was pre-qualifying finances and matching up solutions, he and his wife said that they don't want to go over "7 figures", aka one-million, when it comes to their downtown San Diego condo. Luckily I knew some perfectly located condos that overlooked San Diego bay by The Star of India. I asked about how they would be financing and they nonchalantly said "cash, so no banks needed." Wow! Saying that was impressive to me already. But to have witnessed them saying it without reserve, without a hesitation, or a 2nd thought just blew me away. Their attitude would be similar to someone buying one item at a 99-cent store and they had a 5-dollar bill in their hand.
When I regained my internal composure, I got back to talking with them and matching their home needs. At this point I learned something very valuable and interesting. Many rich people, like my million-dollar condo client, are very normal, everyday people. I would watch the NYC husband plop himself on the red leather sofa and say, "Honey this is perfect, even down to the red leather sofa." Then the industrious Pittsburg wife would take this opportunity to poke some fun at her husband by saying, "Yeah...kinda like the brothel feeling that you're used to? Come on, get your tired butt off of that red sofa and let's get some coffee and talk this stuff over." I could go on and on about all the loving pot-shots these 2 were slinging at eachother. With each funny comment or question, I would've never known they could buy this $900,000 condo cash and be moved in within 2 days.
This funny, golden years, couple were parading through the complex like all my other San Diego real estate clients. They were very sincere people as we always communicated as peers and never in a superior/inferior demenour. They gave me some challenging questions that I didn't have answers without the aid of 3 -minute Google search, but they accepted a deferred answer with a smile and moved on. Such nice and fun people to witness and be a part of.
Life has thrown me a fun curve ball to realize that every person is the same on the inside, and sometimes their bank accounts just happen to have more than a million dollars!
