San Marcos Price Reduction

[Raybyrnes]

I might be missing something but I would think that right now is probably a great time to be an Experienced Realtor. Bank inventories are growing. I would think that you get one account and you are on easy street. They might require a little bit more paperwork but once you have your staff trained you can create a significant value add to the clients you represent. Additionally the small realtors who got into the business to help their friends are being flushed out. Sure their is a little pain as you go through the transition but ultimately you can come out way ahead. No different than when a factory has to retool. Things slow down and then produciton increases.

[sdrealtor]

JWM
Quite to the contrary a substantial decline in prices would be great for me. The quicker the better. First, I have the assets, income and knowledge to exploit the heck out of a market at its bottom. Second, lower prices will ultimately increase sales volume and create another huge income stream to me selling investment properties and homes to my personal network.

As for being in full flame mode, you guys know how much more I have. I just calling a spade a spade here. We all are on the same boat as to where we think the market is heading. We just differ in where we think we are now and how fast we’ll get to where were going.

[sdrealtor]

JWM
Quite to the contrary a substantial decline in prices would be great for me. The quicker the better. First, I have the assets, income and knowledge to exploit the heck out of a market at its bottom. Second, lower prices will ultimately increase sales volume and create another huge income stream to me selling investment properties and homes to my personal network.

As for being in full flame mode, you guys know how much more I have. I just calling a spade a spade here. We all are on the same boat as to where we think the market is heading. We just differ in where we think we are now and how fast we’ll get to where were going.

[sdrealtor]

JWM
Quite to the contrary a substantial decline in prices would be great for me. The quicker the better. First, I have the assets, income and knowledge to exploit the heck out of a market at its bottom. Second, lower prices will ultimately increase sales volume and create another huge income stream to me selling investment properties and homes to my personal network.

As for being in full flame mode, you guys know how much more I have. I just calling a spade a spade here. We all are on the same boat as to where we think the market is heading. We just differ in where we think we are now and how fast we’ll get to where were going.

[sdrealtor]

JWM
Quite to the contrary a substantial decline in prices would be great for me. The quicker the better. First, I have the assets, income and knowledge to exploit the heck out of a market at its bottom. Second, lower prices will ultimately increase sales volume and create another huge income stream to me selling investment properties and homes to my personal network.

As for being in full flame mode, you guys know how much more I have. I just calling a spade a spade here. We all are on the same boat as to where we think the market is heading. We just differ in where we think we are now and how fast we’ll get to where were going.

[patientlywaiting]

I just calling a spade a spade here.

So you want empirical proof the that market is dropping to a certain level before you would concede that it reached that level? I wonder when the market recovers and booms again, if you'll tell your clients "well the market is not that high yet, so let's be realistic in pricing." Or will you tell your clients "let's shoot for that 20% extra, because I think you'll get it."

I'm guessing that you'll go for the latter because that will create new comps and new listing opportunities. You're not going to wait for proof-positive comps before you price higher. So why wait for comps to price lower?

My point is that the current "value" to a buyer is based in large part by expectations for the near future. I believe that ocrenter is calling that near future very accurately for San Marcos.

 

[patientlywaiting]

I just calling a spade a spade here.

So you want empirical proof the that market is dropping to a certain level before you would concede that it reached that level? I wonder when the market recovers and booms again, if you'll tell your clients "well the market is not that high yet, so let's be realistic in pricing." Or will you tell your clients "let's shoot for that 20% extra, because I think you'll get it."

I'm guessing that you'll go for the latter because that will create new comps and new listing opportunities. You're not going to wait for proof-positive comps before you price higher. So why wait for comps to price lower?

My point is that the current "value" to a buyer is based in large part by expectations for the near future. I believe that ocrenter is calling that near future very accurately for San Marcos.

 

[patientlywaiting]

I just calling a spade a spade here.

So you want empirical proof the that market is dropping to a certain level before you would concede that it reached that level? I wonder when the market recovers and booms again, if you'll tell your clients "well the market is not that high yet, so let's be realistic in pricing." Or will you tell your clients "let's shoot for that 20% extra, because I think you'll get it."

I'm guessing that you'll go for the latter because that will create new comps and new listing opportunities. You're not going to wait for proof-positive comps before you price higher. So why wait for comps to price lower?

My point is that the current "value" to a buyer is based in large part by expectations for the near future. I believe that ocrenter is calling that near future very accurately for San Marcos.

 

[patientlywaiting]

I just calling a spade a spade here.

So you want empirical proof the that market is dropping to a certain level before you would concede that it reached that level? I wonder when the market recovers and booms again, if you'll tell your clients "well the market is not that high yet, so let's be realistic in pricing." Or will you tell your clients "let's shoot for that 20% extra, because I think you'll get it."

I'm guessing that you'll go for the latter because that will create new comps and new listing opportunities. You're not going to wait for proof-positive comps before you price higher. So why wait for comps to price lower?

My point is that the current "value" to a buyer is based in large part by expectations for the near future. I believe that ocrenter is calling that near future very accurately for San Marcos.

 

[sdrealtor]

You are talking apples and oranges. My recent point has been assessing the accuracy of our predictions as of this date. That is looking backward. There is no question as to whom has been more accurate. Over the last 4 years I have consistently been spot on in predicting every move of the market within the next 6 to 12 and 12 to 24 months.

When i am advising clients as to what I think will happen that is looking forward and my advice will follow what i believe is coming.

You can believe what you want but there is no way you will see the 2300 sq ft model that was the basis of this thread from the outset sell at a price close to the low 400’s. End of story.

[sdrealtor]

You are talking apples and oranges. My recent point has been assessing the accuracy of our predictions as of this date. That is looking backward. There is no question as to whom has been more accurate. Over the last 4 years I have consistently been spot on in predicting every move of the market within the next 6 to 12 and 12 to 24 months.

When i am advising clients as to what I think will happen that is looking forward and my advice will follow what i believe is coming.

You can believe what you want but there is no way you will see the 2300 sq ft model that was the basis of this thread from the outset sell at a price close to the low 400’s. End of story.

[sdrealtor]

You are talking apples and oranges. My recent point has been assessing the accuracy of our predictions as of this date. That is looking backward. There is no question as to whom has been more accurate. Over the last 4 years I have consistently been spot on in predicting every move of the market within the next 6 to 12 and 12 to 24 months.

When i am advising clients as to what I think will happen that is looking forward and my advice will follow what i believe is coming.

You can believe what you want but there is no way you will see the 2300 sq ft model that was the basis of this thread from the outset sell at a price close to the low 400’s. End of story.

[sdrealtor]

You are talking apples and oranges. My recent point has been assessing the accuracy of our predictions as of this date. That is looking backward. There is no question as to whom has been more accurate. Over the last 4 years I have consistently been spot on in predicting every move of the market within the next 6 to 12 and 12 to 24 months.

When i am advising clients as to what I think will happen that is looking forward and my advice will follow what i believe is coming.

You can believe what you want but there is no way you will see the 2300 sq ft model that was the basis of this thread from the outset sell at a price close to the low 400’s. End of story.

[ocrenter]

“Those looking for a dramtaic crash to 500K have been sadly disappointed.” sdrealtor, 6/06

“San Marcos currently has a 1 year supply of homes for sale, now we got 4 foreclosures in one single community. I’m now looking at these properties going down into low $400,000’s mid to late next year.” ocrenter 8/06

“You can believe what you want but there is no way you will see the 2300 sq ft model that was the basis of this thread from the outset sell at a price close to the low 400’s. End of story.” sdrealtor, 11/07

491 CAMINO VERDE, San Marcos, CA 92078 (1909 sqft)
–11/19/07: asking $396,000

584 VIA DEL CABALLO, San Marcos, CA 92078 (2259 sqft)
–11/21/07: asking $430,000

the story has just begun.

[ocrenter]

“Those looking for a dramtaic crash to 500K have been sadly disappointed.” sdrealtor, 6/06

“San Marcos currently has a 1 year supply of homes for sale, now we got 4 foreclosures in one single community. I’m now looking at these properties going down into low $400,000’s mid to late next year.” ocrenter 8/06

“You can believe what you want but there is no way you will see the 2300 sq ft model that was the basis of this thread from the outset sell at a price close to the low 400’s. End of story.” sdrealtor, 11/07

491 CAMINO VERDE, San Marcos, CA 92078 (1909 sqft)
–11/19/07: asking $396,000

584 VIA DEL CABALLO, San Marcos, CA 92078 (2259 sqft)
–11/21/07: asking $430,000

the story has just begun.

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