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NotCranky
ParticipantSome residential real estate purchases provide moderate to enormous returns and some are money down the drain. I don’t see why anyone would exert so much time with a biased analysis of an asset class and mostly support it on the basis of stupid purchases/loans in a depreciating market and worsening interest rate enviornment, post gigantic bubble. This argument is basically the opposite of the distortion that RE always goes up.
NotCranky
ParticipantCy:
What are they going to do for food?
We raid the refridgerators and pantries of the houses we show.I don’t even take clients because,as you know I am morally against selling to the last GF. That said the free food is better in La jolla.A nice seaside view lunch does wonders for the moral.“But Prudential kept hiring them. Someone told me that there were 400 agents in Prudential La Jolla alone.”
Prudential hires people because they make money off of the realtor’s. They pay a pittance of the commission to the new hires for the first 5 sales(or something like that).
The broker is hoping that the newbies circle of influence is fairly large and that they can cherry pick it.
If people knew the system the brand names use they would overcome the surprise at finding a lack of expertise and intergrity in the ranks of agents.BTW: I am not a very good agent by your standards(so that you know I am not pretending).I am not complaining. What you and others on this blog post are good reminders of what people expect from an agent.
NotCranky
ParticipantCy:
What are they going to do for food?
We raid the refridgerators and pantries of the houses we show.I don’t even take clients because,as you know I am morally against selling to the last GF. That said the free food is better in La jolla.A nice seaside view lunch does wonders for the moral.“But Prudential kept hiring them. Someone told me that there were 400 agents in Prudential La Jolla alone.”
Prudential hires people because they make money off of the realtor’s. They pay a pittance of the commission to the new hires for the first 5 sales(or something like that).
The broker is hoping that the newbies circle of influence is fairly large and that they can cherry pick it.
If people knew the system the brand names use they would overcome the surprise at finding a lack of expertise and intergrity in the ranks of agents.BTW: I am not a very good agent by your standards(so that you know I am not pretending).I am not complaining. What you and others on this blog post are good reminders of what people expect from an agent.
NotCranky
ParticipantCy:
What are they going to do for food?
We raid the refridgerators and pantries of the houses we show.I don’t even take clients because,as you know I am morally against selling to the last GF. That said the free food is better in La jolla.A nice seaside view lunch does wonders for the moral.“But Prudential kept hiring them. Someone told me that there were 400 agents in Prudential La Jolla alone.”
Prudential hires people because they make money off of the realtor’s. They pay a pittance of the commission to the new hires for the first 5 sales(or something like that).
The broker is hoping that the newbies circle of influence is fairly large and that they can cherry pick it.
If people knew the system the brand names use they would overcome the surprise at finding a lack of expertise and intergrity in the ranks of agents.BTW: I am not a very good agent by your standards(so that you know I am not pretending).I am not complaining. What you and others on this blog post are good reminders of what people expect from an agent.
NotCranky
ParticipantI’d rather have a falling down shack in barrio logan.How is that for standards?
NotCranky
ParticipantI’d rather have a falling down shack in barrio logan.How is that for standards?
NotCranky
ParticipantI’d rather have a falling down shack in barrio logan.How is that for standards?
NotCranky
ParticipantWhatever happen to curb appeal? That one certainly doesn’t have it.
NotCranky
ParticipantWhatever happen to curb appeal? That one certainly doesn’t have it.
NotCranky
ParticipantWhatever happen to curb appeal? That one certainly doesn’t have it.
NotCranky
ParticipantSDR
Hell no you can’t cry on my shoulder. Lower your expectations and/or wait. I know your situation pretty good(PI work). You are no charity case.Oh yes,
Best wishesOh yes YES:
You must have noticed this part in my little inspirational note to Alex:
“I also think it is benficial to value what you can afford and be happy instead of wish you could afford what you value and be bitter…..”BTW I am just pulling your leg.
NotCranky
ParticipantSDR
Hell no you can’t cry on my shoulder. Lower your expectations and/or wait. I know your situation pretty good(PI work). You are no charity case.Oh yes,
Best wishesOh yes YES:
You must have noticed this part in my little inspirational note to Alex:
“I also think it is benficial to value what you can afford and be happy instead of wish you could afford what you value and be bitter…..”BTW I am just pulling your leg.
NotCranky
ParticipantSDR
Hell no you can’t cry on my shoulder. Lower your expectations and/or wait. I know your situation pretty good(PI work). You are no charity case.Oh yes,
Best wishesOh yes YES:
You must have noticed this part in my little inspirational note to Alex:
“I also think it is benficial to value what you can afford and be happy instead of wish you could afford what you value and be bitter…..”BTW I am just pulling your leg.
NotCranky
ParticipantRustico the messenger of bad news mentioned moratoriums a few weeks ago. It has happened before ,in 26 states during the depression and for about two years I believe. Hopefully this is mostly political grandstanding. The fact that lenders are present for the hearings on the moratorium disturbs me. If this happens it won’t be to fix everything in six months. It will just be a start on implementing further fixes down the road. No doubt about it, loss mitigation is underway(for the banks). How extreme the protection will be is anyone’s guess. My guess is that the FED and Bankers and Lenders are raising or planning on raising the nominal support level with various strategies. That is what they will need more than anything.
We might as well just institutionalize debt slavery.
I think we should organize permanent vacation compounds in Mexico and rotate ourselves up here to work in 3 momth shifts to pay for our subsistence. No Kool-aid allowed. -
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