If they don’t know, they’re

[powayseller]

If they don’t know, they’re clueless. And that’s the problem. Too many clueless realtors running around.

The guy I wrote about, Chris, a Prudential realtor from the , wrote a 2006-2010 CA RE Market Forecast, which shows RE prices in CA dropping until 2010. He works with local RE investors, who are advised to offload their depreciating CA properties and doing a 1031 exchange into other markets, until the CA corection is done. As far as local buyers, he advises them to buy only if they can handle losing a ton of equity, can ride out the downturn, and get a fixed rate mortgage. Now this is a guy I can trust!

I also trust Bob Casagrand, who acts as a consultant in transactions. He’s as sharp as they come, and has managed companies in Saudi Arabia and Europe. He understands financing and economic cycles, and cares about the people, not just making a quick buck. He makes sure his buyers can afford their house for the long term.

Yes, there are some good ones out there.