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March 20, 2008 at 10:28 AM in reply to: California Leads U.S. in Defaults, Price Drop, Slowing Growth #173762March 20, 2008 at 10:28 AM in reply to: California Leads U.S. in Defaults, Price Drop, Slowing Growth #174104
sd-maybe
ParticipantQuote of the article:
“Everything would have been fine if the bubble didn’t pop,” Subers said.
I’m sure he said this with a straight face.
March 20, 2008 at 10:28 AM in reply to: California Leads U.S. in Defaults, Price Drop, Slowing Growth #174112ParticipantQuote of the article:
“Everything would have been fine if the bubble didn’t pop,” Subers said.
I’m sure he said this with a straight face.
March 20, 2008 at 10:28 AM in reply to: California Leads U.S. in Defaults, Price Drop, Slowing Growth #174121ParticipantQuote of the article:
“Everything would have been fine if the bubble didn’t pop,” Subers said.
I’m sure he said this with a straight face.
March 20, 2008 at 10:28 AM in reply to: California Leads U.S. in Defaults, Price Drop, Slowing Growth #174208ParticipantQuote of the article:
“Everything would have been fine if the bubble didn’t pop,” Subers said.
I’m sure he said this with a straight face.
ParticipantGreat replies and thank you Jim for clarifying that not every buyer’s agent is a specialist in a buyer’s market. Some people don’t mind bypassing the realtor and making offers themselves.I am not one of them, I find a realtor’s services valuable. Do I really have to prove I’m worthy as a potential client? Shouldn’t it be the other way around? But just like Mark Holmes pointed out I can’t imagine a seller and their agent having a conversation a couple years ago along the lines of “What you’re asking for this small house is pretty riduculous and would insult the buyer’s intelligence, you should lower your ask to something more realistic.” They both knew it was a seller’s market and didn’t have a nanosecond of a crisis of conscience maximizing their money. Should the reverse not hold true in a buyer’s market? I’ve read stories posted to this blog about buyer’s lowball offeres getting laughed at, only to have the property sell months later at BELOW that lowball offer after sitting on market with no takers. The value of a good buyer’s market agent to me would be to point out examples of that to the seller and their agent, the quality of the buyer’s credit/down payment…basically making a rational case for considering the lowball. But for some sellers it’s groundhog day where they wake up every morning in 2005.
ParticipantGreat replies and thank you Jim for clarifying that not every buyer’s agent is a specialist in a buyer’s market. Some people don’t mind bypassing the realtor and making offers themselves.I am not one of them, I find a realtor’s services valuable. Do I really have to prove I’m worthy as a potential client? Shouldn’t it be the other way around? But just like Mark Holmes pointed out I can’t imagine a seller and their agent having a conversation a couple years ago along the lines of “What you’re asking for this small house is pretty riduculous and would insult the buyer’s intelligence, you should lower your ask to something more realistic.” They both knew it was a seller’s market and didn’t have a nanosecond of a crisis of conscience maximizing their money. Should the reverse not hold true in a buyer’s market? I’ve read stories posted to this blog about buyer’s lowball offeres getting laughed at, only to have the property sell months later at BELOW that lowball offer after sitting on market with no takers. The value of a good buyer’s market agent to me would be to point out examples of that to the seller and their agent, the quality of the buyer’s credit/down payment…basically making a rational case for considering the lowball. But for some sellers it’s groundhog day where they wake up every morning in 2005.
ParticipantGreat replies and thank you Jim for clarifying that not every buyer’s agent is a specialist in a buyer’s market. Some people don’t mind bypassing the realtor and making offers themselves.I am not one of them, I find a realtor’s services valuable. Do I really have to prove I’m worthy as a potential client? Shouldn’t it be the other way around? But just like Mark Holmes pointed out I can’t imagine a seller and their agent having a conversation a couple years ago along the lines of “What you’re asking for this small house is pretty riduculous and would insult the buyer’s intelligence, you should lower your ask to something more realistic.” They both knew it was a seller’s market and didn’t have a nanosecond of a crisis of conscience maximizing their money. Should the reverse not hold true in a buyer’s market? I’ve read stories posted to this blog about buyer’s lowball offeres getting laughed at, only to have the property sell months later at BELOW that lowball offer after sitting on market with no takers. The value of a good buyer’s market agent to me would be to point out examples of that to the seller and their agent, the quality of the buyer’s credit/down payment…basically making a rational case for considering the lowball. But for some sellers it’s groundhog day where they wake up every morning in 2005.
ParticipantGreat replies and thank you Jim for clarifying that not every buyer’s agent is a specialist in a buyer’s market. Some people don’t mind bypassing the realtor and making offers themselves.I am not one of them, I find a realtor’s services valuable. Do I really have to prove I’m worthy as a potential client? Shouldn’t it be the other way around? But just like Mark Holmes pointed out I can’t imagine a seller and their agent having a conversation a couple years ago along the lines of “What you’re asking for this small house is pretty riduculous and would insult the buyer’s intelligence, you should lower your ask to something more realistic.” They both knew it was a seller’s market and didn’t have a nanosecond of a crisis of conscience maximizing their money. Should the reverse not hold true in a buyer’s market? I’ve read stories posted to this blog about buyer’s lowball offeres getting laughed at, only to have the property sell months later at BELOW that lowball offer after sitting on market with no takers. The value of a good buyer’s market agent to me would be to point out examples of that to the seller and their agent, the quality of the buyer’s credit/down payment…basically making a rational case for considering the lowball. But for some sellers it’s groundhog day where they wake up every morning in 2005.
ParticipantGreat replies and thank you Jim for clarifying that not every buyer’s agent is a specialist in a buyer’s market. Some people don’t mind bypassing the realtor and making offers themselves.I am not one of them, I find a realtor’s services valuable. Do I really have to prove I’m worthy as a potential client? Shouldn’t it be the other way around? But just like Mark Holmes pointed out I can’t imagine a seller and their agent having a conversation a couple years ago along the lines of “What you’re asking for this small house is pretty riduculous and would insult the buyer’s intelligence, you should lower your ask to something more realistic.” They both knew it was a seller’s market and didn’t have a nanosecond of a crisis of conscience maximizing their money. Should the reverse not hold true in a buyer’s market? I’ve read stories posted to this blog about buyer’s lowball offeres getting laughed at, only to have the property sell months later at BELOW that lowball offer after sitting on market with no takers. The value of a good buyer’s market agent to me would be to point out examples of that to the seller and their agent, the quality of the buyer’s credit/down payment…basically making a rational case for considering the lowball. But for some sellers it’s groundhog day where they wake up every morning in 2005.
ParticipantNot that I don’t believe your story dharmagirl, but approximately which neighborhood in Tem are you describing? Was it in Redhawk? You don’t have to give street addresses, just an approximation. Most of communities south of the 79 have HOA. If you want the facade of perfection (Wisteria Lane) you should look in 4S unfortunately you won’t find 3000sq ft for 499.
ParticipantNot that I don’t believe your story dharmagirl, but approximately which neighborhood in Tem are you describing? Was it in Redhawk? You don’t have to give street addresses, just an approximation. Most of communities south of the 79 have HOA. If you want the facade of perfection (Wisteria Lane) you should look in 4S unfortunately you won’t find 3000sq ft for 499.
ParticipantNot that I don’t believe your story dharmagirl, but approximately which neighborhood in Tem are you describing? Was it in Redhawk? You don’t have to give street addresses, just an approximation. Most of communities south of the 79 have HOA. If you want the facade of perfection (Wisteria Lane) you should look in 4S unfortunately you won’t find 3000sq ft for 499.
ParticipantNot that I don’t believe your story dharmagirl, but approximately which neighborhood in Tem are you describing? Was it in Redhawk? You don’t have to give street addresses, just an approximation. Most of communities south of the 79 have HOA. If you want the facade of perfection (Wisteria Lane) you should look in 4S unfortunately you won’t find 3000sq ft for 499.
ParticipantNot that I don’t believe your story dharmagirl, but approximately which neighborhood in Tem are you describing? Was it in Redhawk? You don’t have to give street addresses, just an approximation. Most of communities south of the 79 have HOA. If you want the facade of perfection (Wisteria Lane) you should look in 4S unfortunately you won’t find 3000sq ft for 499.
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