Forum Replies Created
-
AuthorPosts
-
sdrealtor
ParticipantDocteur
What I mean is thus. Unlike me, most of my peers prefer the safety of working in the here and now. they say you cant predict whats coming so dont try to. I spend a lot of time trying to figure out what is coming 6 months down the line. So far, essentially all of my hypotheses have come to fruition in the time period I predicted. I predicted the spike in prices in October 2003 that happened in Feb 2004. Staying ahead of the market has made me alot of money personally on investment properties and has benefited my clients. I cant think of one client that is up side in their property including those that have bought since mid/late 2004. I cant say the same for the buyers of properties I have listed though.ParticipantNo problem Novice, I dont take any of this personally and have a good sense of humor.
ParticipantEqualizer,
Thank you also for understanding that the seemingly scientific approached employed by PS to real estate sales is far from perfect.Those of you who dont know Lost Kitty, she is clearly a PS apologist. Get a life Kitty. PS can stand on her own two feet and doesnt need your help. Inteligent minds can follow my content. The truth is homes sales data is horribly reported and full of flaws and errors. I know this and Jim knows this. Its no secret. Jim and our host Rich take the approach that its the best we got and let make the best of it. I on the other hand carry the burden of having worked directly with some of the most brilliant marketing minds in the world. SR Marketing VP’s of some of the largest and most successful corporations in the world. I understand what happens when bad data is used and cant get past that. I follow this market every day and watch it like a hawk. I beleive my experience and skills allow me to interpret what is going on and coming better than any statisical analysis could. I have accurately predicted just about every step the market has taken over the last 4 years 6 months before it happened.
ParticipantPerry Chase
Exactly!Once again another participant steps forward to agree with the voice of reason.
As for the Hispanic surname, if anyone is intimating that I’m racist…ya got the wrong guy! The reality attached to my comment is thus. The low end of the market is dead and the dominant group buying at the low end is hispanic buyers being exploited by unscrupulous Realtors and Lenders. I dont know Bob from Adam but find it interesting that this guy who is “turning away business” has nothing in escrow and has only sold two homes to people unrelated to himself with 100% financing to boot. As for my spelling, i type fast and dont proofread my posts. I value content over form and those of you that do also get my points.
ParticipantEncinitas 575,000
ParticipantPS
I’m not surprised yopu find everything I say in poor taste but time and again someone who has been quietly lurking steps forward and agrees with me not you. You also show a lack of any sense of humor. Farls asked a question and I answered it. Here are the facts. Your friend has sold 3 homes in his career per the MLS and one was to a relative. The other 2 sales were 100% financed within the last 30 days. You rip apart agents and lenders that do this but fail to condemn “your friend” when he does. The buyer’s he attracted so far both had hispanic surnames and finaced 100% of their purchases. He has sold homes to people w/o any equity beleiving that prices were going down. Surely he must know these people are heading for trouble?As for Jim the realtor (no we arent the same people), I have a good deal of respect for him. Though I dont know him personally, I beleive he’s bright, honest, skilled and ethical. However, to say he knows data and I dont is far from accurate. If we both sat down with spreadsheets and calculators, I could run circles around him. Here’s the difference between us. Jim and I both know that the raw data is absolute garbage (ever heard the saying GARBAGE IN….GARBAGE OUT). While Jim beleives you can follow trends of flawed data, my experience with complex market research studies and statistical analysis does not let me beleive this (nor would the 2 former marketing executives of Fortune 50 companies that I have directly reported let me). I have found that my gut intuition is a far accurate and reliabel predictor of what is coming than the data.
here’s what I find in poor taste. You promoting some Realtor again that you know nothing about. I gave the facts of what he has done. Maybe he has sold a bunch outside of the MLS that I dont know about. I dont remember who on this board said it, but the best way to judge a person is by their actions not their words.
Lastly, The funniest part is you accusing me of skimming threads. Time and again you pick what you want out of my posts yet ignore the MAJOR POINTS I make.
ParticipantBob has sold 3 low priced properties for a total of approximately 1.3M. He has no listings and nothing in escrow unless it is directly with a builder (i.e.not in the mls). These properties were located in Lakeside, Pacific Beach and South SD. That’s alot of humping around. Two of the buyers did 100% financing. The other put down about 20% and must have a rich Dad. Her last name you might wonder????……..Casagrand
I currently have 3 listings in escrow none of which is more than 3 miles from my home and one of which will sell for more than his 3 sales combined. One more thing…I’ve never sold a home to a buyer with 100% financing though a couple of my lsitngs have been bought by buyers with 100% financing.
ParticipantMy child comes home with fundraisers almost everyday. The reason why it is so important to live in a good school district is to have parents capable and willing to support what isnt funded. Its one fo the reasons I wont move for 20 years.
ParticipantPS
I find it interesting that you don’t read my posts more carefully. I use the Internet very very effectively. Did you know that over 80% of the time buyers search for homes on the Internet they do so with realtor.com? That’s where I spend my money…where it actually works. My listings are marketed as effectively or more so than others. I have listings in neighborhoods that have been shown an average of once a day over the last 60 days. When I talk to other realtors with listings (most of which have video tours) and ask how often their listings are being shown, I am told once or twice a week. I know of several that havent been shown in weeks. The difference is how I do things. I only do things I know will work. Most realtors spend hundreds if not thouands of dollars on things they know wont work just to appease their sellers. I explain upfront that I wont do that and that every penny of my marketing budget will go toward getting their house sold. When they speak to their neighbors whose homes arent even being shown they understand why they hired me in the first place.BTW, in the last two weeks I have had 3 out of state buyers come to SD to look at my listings and to work with me in finding a home. One will go into escrow this week.
Did that East Coast buyer actually purchase your house? Did that east coast buyer actually purchase a house from that Realtor?
PS, you live in the hypothetical world, I live in the real world. There is a difference.
ParticipantCongratulations, there is one fool in the world I didnt know about.
ParticipantKudos to Bob. He’s on target on this one. We are not experiencing anything close to people dumping homes on the market.Inventory is accumulating because of slower sales. If sales were flat from last year, I suspect inventory would be nearly half of what it is today.
ParticipantUNBELEIVABLE!!!!!!!!….Why don’t you post your REAL NAME here? Until you do, I have nothing to say to you in this regard.
ParticipantI’m here to learn and share not develop clients. I have enough of those and am not one of those greedy money hungry people. My wealth comes from the love of my family. My style is to be off the cuff and if you dont like it, I can live with that.
Furthermore, If I did identify myself I would instantly lose whatever credibility I have in this forum. I would be viewed as a shill, the type that hands you their business card in line at the drycleaner. That just isnt me……
PS I have no idea what you are referring to re: some guy in MInnesota shoveling snow…wrong guy!
ParticipantI’ll bring dessert;)
-
AuthorPosts
