‘Fess up fellow ziprealty gloaters

[powayseller]

sdr – I find it in poor taste to display the names of a realtor’s clients on a blog. It also shows a lack of research skills and sexism to assume that a female putting down 20% on a home got the money from her rich dad. What if she got it from the sale of a prior home? Shouldn’t the realtor have access to that information?

The 80% figure comes from the NAR, I think. They found that when someone buys a home, 80% of the time, they saw it first on the internet. The rise of realtor.com and RE portals and their rise in traffic is proof.

equalizer – When I listed my home, I got a weekly e-mail from HelpUSell with the number of people who viewed my home on the web, along with the referring website, and some nice charts. I had about 200-300 hits/week. Pretty cool. I know of at least 2 people who came to see my house because they found it on the web. I didn’t ask the others. Your knowledge of RE is limited by your most recent experience. I speak regularly with several realtors and a loan officer, and I feel each conversation enlarges my understanding of what is happening. I disagree with your assessment completely, and stand by my story.

As I wrote before, Bob generates his leads completely off his website, where he gets potential buyers that sign up for his monthly newsletter. He attracts buyers who like his consulting style. I don’t know how they get to this website. Maybe the same way I found him?? Maybe the same way the housing industry analyst at Credit Suiss First Boston found him? (They call him for their San Diego updates.) Bob is a savvy businessman. He’s turned around divisions in companies in the US, Europe, and the Middle East. His savvy have led him to approach RE in this way, and he figured this out on his own.

I’m pretty sure that sdr is not jim the realtor. Jim has a love of data and analysis, and sdr is a schmoozer who acts off-the-cuff and skims the threads he responds to. Completely different personalities/skills.

[PD]

The way a person finds a home these days may be somewhat generational. My mother hates computers and distrusts them in a weird way. She puts herself completely in the hands of her realtor, who she finds through referrals. A great website won’t help her much.

A friend of mine just bought a home completely over the internet (I’ve mentioned this before). I checked out her realtor’s website. It was very complex and had a lot of information. His website was instrumental in my friend using him as a realtor.

I think it is possible that the younger the buyer, the higher the probability that they are going to rely heavily on the internet for their purchasing.

As for emotion ruling the recent craziness in RE purchasing, that is very true. However, no matter how much a person may want that hard-to-care-for travertine and those stain-prone granite countertops, if no one is eager to help you get into your crushing mortgage, no sale. Further, people are not going to be able to lug their granite countertops out to the driveway and sell them to cover their insane mortgage payments. It has to stop. It will stop and the emotion is going to go the other way.

[sdrealtor]

PS
I’m not surprised yopu find everything I say in poor taste but time and again someone who has been quietly lurking steps forward and agrees with me not you. You also show a lack of any sense of humor. Farls asked a question and I answered it. Here are the facts. Your friend has sold 3 homes in his career per the MLS and one was to a relative. The other 2 sales were 100% financed within the last 30 days. You rip apart agents and lenders that do this but fail to condemn “your friend” when he does. The buyer’s he attracted so far both had hispanic surnames and finaced 100% of their purchases. He has sold homes to people w/o any equity beleiving that prices were going down. Surely he must know these people are heading for trouble?

As for Jim the realtor (no we arent the same people), I have a good deal of respect for him. Though I dont know him personally, I beleive he’s bright, honest, skilled and ethical. However, to say he knows data and I dont is far from accurate. If we both sat down with spreadsheets and calculators, I could run circles around him. Here’s the difference between us. Jim and I both know that the raw data is absolute garbage (ever heard the saying GARBAGE IN….GARBAGE OUT). While Jim beleives you can follow trends of flawed data, my experience with complex market research studies and statistical analysis does not let me beleive this (nor would the 2 former marketing executives of Fortune 50 companies that I have directly reported let me). I have found that my gut intuition is a far accurate and reliabel predictor of what is coming than the data.

here’s what I find in poor taste. You promoting some Realtor again that you know nothing about. I gave the facts of what he has done. Maybe he has sold a bunch outside of the MLS that I dont know about. I dont remember who on this board said it, but the best way to judge a person is by their actions not their words.

Lastly, The funniest part is you accusing me of skimming threads. Time and again you pick what you want out of my posts yet ignore the MAJOR POINTS I make.

[powayseller]

Hi sdr – the skimming refers to my post about seeing an attorney to review my lease and you wrote something about me having landlord problems. Another poster commented on you not reading it accurately, as she explained it to you.

I disagree with real estate as a noble profession. I don’t think anyone should be selling real estate right now, but at least he is honest and tells his clients that real estate is going down, and his website has the data to prove it. That’s why I can overlook what he does. He tells his clients to buy only if they can afford the payments and can ride out the cycle. I’ve had other realtors tell me that RE only goes up.

Like you, he has to convince himself that people need homes, or neither of you could continue your jobs. He is new in the business, and has fewer sales behind him, but as I said, he is so busy now, he is turning away business. Instead of congratulating him, you look him up, and try to find flaws. You attack his data, his sales history, the races of his clients. Why? Are you jealous? Are you feeling left out? I am impressed with his character, and he’s really nice. Please don’t feel left out. If you keep being nice to me, I will praise you also. Promise!

I also like Bob because he is like a business mentor I never had, and I can learn so much from him. He’s wise, he’s funny, and he’s interesting.

[PerryChase]

Thanks for the facts SD Realtor. PS was promoting her friend Bob because she likes him. His listing and sales history clearly show that he’s not such a successful realtor after all. The fact that he sold a home to his daughter is very relevant to evaluating his sales leads.

[Anonymous]

Another hijacked post.

 Poway Seller you are truly prolific.

 Have you ever considered setting up your own blog?

 SD Realtor:

Are you the Poway Seller cop?

 I don't enjoy reading either of your tiffs.

[lostkitty]

SDR-

“While Jim beleives you can follow trends of flawed data, my experience with complex market research studies and statistical analysis does not let me beleive this (nor would the 2 former marketing executives of Fortune 50 companies that I have directly reported let me). I have found that my gut intuition is a far accurate and reliabel predictor of what is coming than the data.”

Phew – where to begin…? First of all, you say you respect Jim the realtor, and then you say he follows “flawed data”. So, you are saying he is not smart enough to know the difference? Not as experienced as you are? Or what?

Secondly, I can hardly understand what you are saying in the above sentences. Please reword – especially the part about “the 2 former marketing executives of Fortune 50 companies that I have directly reported let me.” Huh?

Thirdly, I cannot believe you made that comment about “Hispanic” last names. What the heck are you insinuating?

Finally, I’ve pointed out before (only because you use this word so often) that your spelling of ‘believe’ is wrong every time. It is B-E-L-I-E-V-E.

[Bugs]

I always get that one wrong too.

[novice1027]

Just remember, there is always a “lie” in believe. The only way I can remeber it. A negative twist my second grade teacher gave us, lol

[sdrealtor]

Perry Chase
Exactly!

Once again another participant steps forward to agree with the voice of reason.

As for the Hispanic surname, if anyone is intimating that I’m racist…ya got the wrong guy! The reality attached to my comment is thus. The low end of the market is dead and the dominant group buying at the low end is hispanic buyers being exploited by unscrupulous Realtors and Lenders. I dont know Bob from Adam but find it interesting that this guy who is “turning away business” has nothing in escrow and has only sold two homes to people unrelated to himself with 100% financing to boot. As for my spelling, i type fast and dont proofread my posts. I value content over form and those of you that do also get my points.

[sdrealtor]

Equalizer,
Thank you also for understanding that the seemingly scientific approached employed by PS to real estate sales is far from perfect.

Those of you who dont know Lost Kitty, she is clearly a PS apologist. Get a life Kitty. PS can stand on her own two feet and doesnt need your help. Inteligent minds can follow my content. The truth is homes sales data is horribly reported and full of flaws and errors. I know this and Jim knows this. Its no secret. Jim and our host Rich take the approach that its the best we got and let make the best of it. I on the other hand carry the burden of having worked directly with some of the most brilliant marketing minds in the world. SR Marketing VP’s of some of the largest and most successful corporations in the world. I understand what happens when bad data is used and cant get past that. I follow this market every day and watch it like a hawk. I beleive my experience and skills allow me to interpret what is going on and coming better than any statisical analysis could. I have accurately predicted just about every step the market has taken over the last 4 years 6 months before it happened.

[novice1027]

SDR,I hope that the “lie” comment wasn’t taken personally. Not my intention. Just a little side to comment.
I guess that’s one of the reasons I don’t always like this type of interaction, inflections in one’s tone can be totally misread.
I also very much enjoy your post.

[sdrealtor]

No problem Novice, I dont take any of this personally and have a good sense of humor.

[docteur]

Whoa, wait.

You have “…accurately predicted just about every step the market has taken over the last four years, six months before it happened”?

PLEASE tell me exactly what you mean by that.

[powayseller]

sdr, you’re made more comments about Bob than on my analysis of the UCLA Anderson Forecast. I would be more interested in hearing a realtor’s perspective on my analysis of the Forecast, than on looking up and gossiping about his colleague. You criticize his beginner’s track record, without commenting on his techniques: internet appeal, writing 4 offers at a time, his clients getting the lowest prices on their purchases with his techniques.

You are silent and absent on the threads I start on Zeal, gold, foreign banks, federal funds, weak/strong dollar. For a successful businessman like you, wouldn’t this be an expertise you can share with us?

Perhaps you can ask yourself why you feel like you have to put Bob and me down, if you are so much better than we are. What’s your problem with me? Be a man and say it to everyone.

[Author]

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