The perfect storm?

[SD Realtor]

They all vary zeit. Some are motivated and some are not. Some are simply testing the market. Some times they acknowledge the comps and test the market and after a period of time, decide to adjust. Others figure if they dont get the price they want they will use the property as a rental. Sometimes there are a slew of comps that give a good representation but there is one outlier and they cling to the outlier.

I guess the common thing is that seller psyche is something that moves in a very deliberate manner for most, but not all sellers. As an agent you get used to it. Pushing sellers rarely works, give them the information and making your opinion known is the best you can do. Ultimately the market response to their pricing is the only thing that works, and sometimes even that will not work.

[Zeitgeist]

Maybe the stock market will be a wake up call. I do not see people flocking to real estate for protection as they did after the stock bubble burst. I think the more paranoid are buying gold and not paper, but real. We shall see what this does to the interest rates. This will be a long, strange trip since it is an election year (almost) and anything is possible for the rest of this year and next.

Excellent read on your seller’s psyche SDR. You have certainly got a good handle on how to deal with their preconceived notions of their home’s value. I think it is because in so many of us, the home is an extension of who we think we are and to say their home is not as valuable (as they think it is) to someone, especially those who have lived there for years, is almost like saying they are not valuable.

I am sure you will continue to do well because you seem to be patient and intelligent. Hang in there.

[Zeitgeist]

Maybe the stock market will be a wake up call. I do not see people flocking to real estate for protection as they did after the stock bubble burst. I think the more paranoid are buying gold and not paper, but real. We shall see what this does to the interest rates. This will be a long, strange trip since it is an election year (almost) and anything is possible for the rest of this year and next.

Excellent read on your seller’s psyche SDR. You have certainly got a good handle on how to deal with their preconceived notions of their home’s value. I think it is because in so many of us, the home is an extension of who we think we are and to say their home is not as valuable (as they think it is) to someone, especially those who have lived there for years, is almost like saying they are not valuable.

I am sure you will continue to do well because you seem to be patient and intelligent. Hang in there.

[Zeitgeist]

Maybe the stock market will be a wake up call. I do not see people flocking to real estate for protection as they did after the stock bubble burst. I think the more paranoid are buying gold and not paper, but real. We shall see what this does to the interest rates. This will be a long, strange trip since it is an election year (almost) and anything is possible for the rest of this year and next.

Excellent read on your seller’s psyche SDR. You have certainly got a good handle on how to deal with their preconceived notions of their home’s value. I think it is because in so many of us, the home is an extension of who we think we are and to say their home is not as valuable (as they think it is) to someone, especially those who have lived there for years, is almost like saying they are not valuable.

I am sure you will continue to do well because you seem to be patient and intelligent. Hang in there.

[Zeitgeist]

Maybe the stock market will be a wake up call. I do not see people flocking to real estate for protection as they did after the stock bubble burst. I think the more paranoid are buying gold and not paper, but real. We shall see what this does to the interest rates. This will be a long, strange trip since it is an election year (almost) and anything is possible for the rest of this year and next.

Excellent read on your seller’s psyche SDR. You have certainly got a good handle on how to deal with their preconceived notions of their home’s value. I think it is because in so many of us, the home is an extension of who we think we are and to say their home is not as valuable (as they think it is) to someone, especially those who have lived there for years, is almost like saying they are not valuable.

I am sure you will continue to do well because you seem to be patient and intelligent. Hang in there.

[Zeitgeist]

Maybe the stock market will be a wake up call. I do not see people flocking to real estate for protection as they did after the stock bubble burst. I think the more paranoid are buying gold and not paper, but real. We shall see what this does to the interest rates. This will be a long, strange trip since it is an election year (almost) and anything is possible for the rest of this year and next.

Excellent read on your seller’s psyche SDR. You have certainly got a good handle on how to deal with their preconceived notions of their home’s value. I think it is because in so many of us, the home is an extension of who we think we are and to say their home is not as valuable (as they think it is) to someone, especially those who have lived there for years, is almost like saying they are not valuable.

I am sure you will continue to do well because you seem to be patient and intelligent. Hang in there.

[moneymaker]

If I move my money into stocks then they will go up. I think I’ll wait a little while longer! 10,300 might be a good entry point. well off to Costco, gotta stimulate a little more.

[moneymaker]

If I move my money into stocks then they will go up. I think I’ll wait a little while longer! 10,300 might be a good entry point. well off to Costco, gotta stimulate a little more.

[moneymaker]

If I move my money into stocks then they will go up. I think I’ll wait a little while longer! 10,300 might be a good entry point. well off to Costco, gotta stimulate a little more.

[moneymaker]

If I move my money into stocks then they will go up. I think I’ll wait a little while longer! 10,300 might be a good entry point. well off to Costco, gotta stimulate a little more.

[moneymaker]

If I move my money into stocks then they will go up. I think I’ll wait a little while longer! 10,300 might be a good entry point. well off to Costco, gotta stimulate a little more.

[Coronita]

Well I just moved $250k out of money market back into stock today. I figure if I didn’t move it out of stock into money market back in may, I would be seeing a -15%. So on average even if things go down further, I’m not doing worse than the average folks that just let their accounts sit there…
heh heh…. What I bought was

BP, RDSB, XLE, SLV, DOW, PM, GE, MON, and ARMH

All you doomsdaysayers, don’t worry really. The government will figure something out to bailout all those people that count on 401k’s…..I’m pretty confident in that 🙂

BTW: The 15 year rates are ridiculously low…..So guess what? I’ve started a loan application (two actually) again….I predict 3.25% on a 15 year conforming soon….heh heh

Got volatility?

[Coronita]

Well I just moved $250k out of money market back into stock today. I figure if I didn’t move it out of stock into money market back in may, I would be seeing a -15%. So on average even if things go down further, I’m not doing worse than the average folks that just let their accounts sit there…
heh heh…. What I bought was

BP, RDSB, XLE, SLV, DOW, PM, GE, MON, and ARMH

All you doomsdaysayers, don’t worry really. The government will figure something out to bailout all those people that count on 401k’s…..I’m pretty confident in that 🙂

BTW: The 15 year rates are ridiculously low…..So guess what? I’ve started a loan application (two actually) again….I predict 3.25% on a 15 year conforming soon….heh heh

Got volatility?

[Coronita]

Well I just moved $250k out of money market back into stock today. I figure if I didn’t move it out of stock into money market back in may, I would be seeing a -15%. So on average even if things go down further, I’m not doing worse than the average folks that just let their accounts sit there…
heh heh…. What I bought was

BP, RDSB, XLE, SLV, DOW, PM, GE, MON, and ARMH

All you doomsdaysayers, don’t worry really. The government will figure something out to bailout all those people that count on 401k’s…..I’m pretty confident in that 🙂

BTW: The 15 year rates are ridiculously low…..So guess what? I’ve started a loan application (two actually) again….I predict 3.25% on a 15 year conforming soon….heh heh

Got volatility?

[Coronita]

Well I just moved $250k out of money market back into stock today. I figure if I didn’t move it out of stock into money market back in may, I would be seeing a -15%. So on average even if things go down further, I’m not doing worse than the average folks that just let their accounts sit there…
heh heh…. What I bought was

BP, RDSB, XLE, SLV, DOW, PM, GE, MON, and ARMH

All you doomsdaysayers, don’t worry really. The government will figure something out to bailout all those people that count on 401k’s…..I’m pretty confident in that 🙂

BTW: The 15 year rates are ridiculously low…..So guess what? I’ve started a loan application (two actually) again….I predict 3.25% on a 15 year conforming soon….heh heh

Got volatility?

[Author]

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