March 1, 2007
More on Superstition and Real Estate Investing
As you might guess from my out-of-exile post on 2/27, I don’t like to walk under ladders and I get nervous when a black cat crosses my path. However, the quirks I’ve already described are pretty much the extent of my superstitions, so I was caught a little off-guard when my grandma insisted that I bury a small statue of some long-dead saint in my yard to facilitate the sale of my flip. I’m sure everybody already knows that I’m referring to St. Joseph and the notion that burying a statuette of the earthly father of Jesus will bring you good fortune when selling your house. I had never heard of this until she brought it up, but a quick Google scan confirmed that this is indeed a very common practice.
Grandma was adamant about its utility and I was willing to try anything to facilitate the sale, so I went ahead and buried St. Joseph immediately after the first open house. There are of course a variety of opinions about how/where/when to bury the thing. My approach was to survey as many people/websites as I could and execute the most common approach, which turned out to be an upside-down burial near the foundation in the backyard.
Well, I’m not sure if I’ll bury St. Joseph at future properties because it certainly didn’t seem like the statue’s presence did anything to improve my luck on this project. Digging a hole in my backyard for an upside-down saint did make me feel a lot better about my other superstitions, though.
I saw a seller do that on Million Dollar Listing once. That was the first I had heard of it.
Would you like to add your property, or a link to your blog post to this experimental St. Joe 2.0 map?
http://www.platial.com/realestatecafe/map/19735
Be sure to read the home page, and watch the one minute video. With all respect to your grandmother, don’t you think it’s time to flip this superstition?
Bill