Bullet Dodger

[gn]

P.S. bash if you must for throwing the offer at them in the first place

rube, if anything, we thank you for sharing. Congratulation on dodging that bullet.

If there's any bashing going on, it's directed toward people who pretend to understand real estate & financing when they don't know jack.

[bsrsharma]

Is it too much to ask to understand your job?

I think their (at least many of them) job itself is a giant groupthink based on unwarranted optimism, manipulation of people's emotion using home, family, stability, financial upward mobility based on equity buildup/leverage, tax advantage etc., factors. That blinds them into not seeing the obvious financial crisis that an outsider detached from the market can see. That is why you see many Realtors themselves caught in the vortex of flipping. They were not just preaching irrational exuberance, but actively practicing it. After we had our difficulties selling, a friend of ours – a realtor, who knew our experience – bought in Carlsbad for "investment".

[bsrsharma]

Is it too much to ask to understand your job?

I think their (at least many of them) job itself is a giant groupthink based on unwarranted optimism, manipulation of people's emotion using home, family, stability, financial upward mobility based on equity buildup/leverage, tax advantage etc., factors. That blinds them into not seeing the obvious financial crisis that an outsider detached from the market can see. That is why you see many Realtors themselves caught in the vortex of flipping. They were not just preaching irrational exuberance, but actively practicing it. After we had our difficulties selling, a friend of ours – a realtor, who knew our experience – bought in Carlsbad for "investment".

[bsrsharma]

Is it too much to ask to understand your job?

I think their (at least many of them) job itself is a giant groupthink based on unwarranted optimism, manipulation of people's emotion using home, family, stability, financial upward mobility based on equity buildup/leverage, tax advantage etc., factors. That blinds them into not seeing the obvious financial crisis that an outsider detached from the market can see. That is why you see many Realtors themselves caught in the vortex of flipping. They were not just preaching irrational exuberance, but actively practicing it. After we had our difficulties selling, a friend of ours – a realtor, who knew our experience – bought in Carlsbad for "investment".

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