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NotCranky
ParticipantNodunk,
You might consider getting help from the participants here towards working out a best case scenario lease for downtown?
Maybe get your feet wet with a one year lease with an option to renew?(with a landlord who isn’t at risk for foreclosure)ParticipantNodunk,
You might consider getting help from the participants here towards working out a best case scenario lease for downtown?
Maybe get your feet wet with a one year lease with an option to renew?(with a landlord who isn’t at risk for foreclosure)ParticipantOn the interview topic:
Maybe we can get Rich some air time/TV time with a stealth guest interviewer selected from the ranks of this blog? Somebody that will lead him in a direction that will make it easier to accomodate the needs or the serious bears and REIC player haters. How about JWM? I don’t know, he’s getting pretty soft lately ;).
First question, JWM stares into the camera…. “Rich can you tell these STUPID people out there just what part of the F#@%^!@$^% Real Estate bubble it is that they don’t understand?”
Second question. (JWM whips out dry erase pen and a white board) “Rich can you spell REALTWHORE and tell the public what that means?”
Studio audience chants:
Latesummer2008,latesummer2008,latesummer2008 !!!!
ParticipantOn the interview topic:
Maybe we can get Rich some air time/TV time with a stealth guest interviewer selected from the ranks of this blog? Somebody that will lead him in a direction that will make it easier to accomodate the needs or the serious bears and REIC player haters. How about JWM? I don’t know, he’s getting pretty soft lately ;).
First question, JWM stares into the camera…. “Rich can you tell these STUPID people out there just what part of the F#@%^!@$^% Real Estate bubble it is that they don’t understand?”
Second question. (JWM whips out dry erase pen and a white board) “Rich can you spell REALTWHORE and tell the public what that means?”
Studio audience chants:
Latesummer2008,latesummer2008,latesummer2008 !!!!
ParticipantNovice,
Lower the price and I might leave it in saleable condition ;). Did I ever tell you about my cousin Guido?BTW: I meant to say dove tail joinery on cabinet drawers is good, not tongue and grove. It is harder for Rustico to break :(.
ParticipantNovice,
Lower the price and I might leave it in saleable condition ;). Did I ever tell you about my cousin Guido?BTW: I meant to say dove tail joinery on cabinet drawers is good, not tongue and grove. It is harder for Rustico to break :(.
Participant“However NEVER IN THE HISTORY OF THIS SITE have I ever heard of ANYONE actually filing a complaint to the DRE.
Why is that? Most likely because it is easier to complain about something then to actually put time and energy into following the system in place to remedy it. ”
SD R The DRE won’t do anything about this stuff. Maybe the fraud but not these practices like value range stuff, fake DOM, manipulated sales price data, the associations putting one face on the market for the public and then filling our trade magazines and web sites with tons of materials on short sells,foreclosures and surviving a down trending market, all the puffing going on until it was obvious the market was a disaster..
You know I am the squeaky wheel type and I have dealt with these basically dead beat agencies several times. I specifically complained about Prudentials value range. You have to get a lawyer and make a big case out of it. That is for the big guys(and it has already been done). I think you need to give us credit for realizing that if the baloney is so prevalent it is because nobody in authority cares?We all know that you didn’t and wouldn’t make things the way they are btw.
Best Regards
Participant“However NEVER IN THE HISTORY OF THIS SITE have I ever heard of ANYONE actually filing a complaint to the DRE.
Why is that? Most likely because it is easier to complain about something then to actually put time and energy into following the system in place to remedy it. ”
SD R The DRE won’t do anything about this stuff. Maybe the fraud but not these practices like value range stuff, fake DOM, manipulated sales price data, the associations putting one face on the market for the public and then filling our trade magazines and web sites with tons of materials on short sells,foreclosures and surviving a down trending market, all the puffing going on until it was obvious the market was a disaster..
You know I am the squeaky wheel type and I have dealt with these basically dead beat agencies several times. I specifically complained about Prudentials value range. You have to get a lawyer and make a big case out of it. That is for the big guys(and it has already been done). I think you need to give us credit for realizing that if the baloney is so prevalent it is because nobody in authority cares?We all know that you didn’t and wouldn’t make things the way they are btw.
Best Regards
ParticipantI just talked with my wife about this topic, Phoney DOM, and she pointed out how deceptive it is to sellers as well as buyers.(The topic has been up on other threads since you were here last Cy and we have mostly looked at it from the buyers perspective.)
Now if you were a FSBO you look at what Cyphire has recieved and you say “hey I have had my house on the market for 90 days and I can’t sell it and this Realtor person is doing it in around 40 days at 97% of asking price, maybe I should pay that commission after all?ParticipantI just talked with my wife about this topic, Phoney DOM, and she pointed out how deceptive it is to sellers as well as buyers.(The topic has been up on other threads since you were here last Cy and we have mostly looked at it from the buyers perspective.)
Now if you were a FSBO you look at what Cyphire has recieved and you say “hey I have had my house on the market for 90 days and I can’t sell it and this Realtor person is doing it in around 40 days at 97% of asking price, maybe I should pay that commission after all?ParticipantThe banks end up upside down on the houses just the same as an individual owner would be. The houses will continue depreciating.Rent doesn’t cover the debt for the banks any better than it would if one of us went out and bought up a bunch of houses right now. The best way to deal with the red ink is to get rid of them.
I didn’t see your post Perry, mine is obviously just a different version of the same thing.
ParticipantThe banks end up upside down on the houses just the same as an individual owner would be. The houses will continue depreciating.Rent doesn’t cover the debt for the banks any better than it would if one of us went out and bought up a bunch of houses right now. The best way to deal with the red ink is to get rid of them.
I didn’t see your post Perry, mine is obviously just a different version of the same thing.
ParticipantKnowing the product ,comps and market situation overall and negotiating well is more important than DOM. But how do you tell that to someone who has ample evidence that our industry is deceptive after a BS move like taking away days on market? It only increases the mistrust. Yes I hear you SD R. It is easy to get all info on a houses history. I feel that is not the point.
I think stuff like this reinforces the image that the REIC is monopolizing the business by making Realtors indispensible to the parties in a transaction, which of course is how it has always has worked, except for a few maverick FSBO’S.Yes the NAR lobbies for an uneven playing field. So does every other organization of national proportions. The situation may be breaking down we will see.
ParticipantKnowing the product ,comps and market situation overall and negotiating well is more important than DOM. But how do you tell that to someone who has ample evidence that our industry is deceptive after a BS move like taking away days on market? It only increases the mistrust. Yes I hear you SD R. It is easy to get all info on a houses history. I feel that is not the point.
I think stuff like this reinforces the image that the REIC is monopolizing the business by making Realtors indispensible to the parties in a transaction, which of course is how it has always has worked, except for a few maverick FSBO’S.Yes the NAR lobbies for an uneven playing field. So does every other organization of national proportions. The situation may be breaking down we will see.
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