[svelte]

You’re right, XBoxBoy, but I have thought about this alot and I think there is more to it.

You have covered the realtor psychological game with the BUYER.

But there is also a psychological game with the SELLER going on as well.

If the seller told the realtor they wanted $850K, the realtor typically comes back and says “OK, but we need to get a lot of ppl coming through…we’ll use a range $699K-$850K to get people to come by, fall in love with the place, and come up in price to $850K”. Just like you explained in your post.

But what this also does is to get the seller used to the idea of a smaller selling price for their home….they have now seen $699K in big bold letters as an acceptable price for their house on the MLS. When the buyer comes back with $800K, suddenly it doesn’t seem so bad.

It’s all mind games.

[svelte]

You’re right, XBoxBoy, but I have thought about this alot and I think there is more to it.

You have covered the realtor psychological game with the BUYER.

But there is also a psychological game with the SELLER going on as well.

If the seller told the realtor they wanted $850K, the realtor typically comes back and says “OK, but we need to get a lot of ppl coming through…we’ll use a range $699K-$850K to get people to come by, fall in love with the place, and come up in price to $850K”. Just like you explained in your post.

But what this also does is to get the seller used to the idea of a smaller selling price for their home….they have now seen $699K in big bold letters as an acceptable price for their house on the MLS. When the buyer comes back with $800K, suddenly it doesn’t seem so bad.

It’s all mind games.

[svelte]

You’re right, XBoxBoy, but I have thought about this alot and I think there is more to it.

You have covered the realtor psychological game with the BUYER.

But there is also a psychological game with the SELLER going on as well.

If the seller told the realtor they wanted $850K, the realtor typically comes back and says “OK, but we need to get a lot of ppl coming through…we’ll use a range $699K-$850K to get people to come by, fall in love with the place, and come up in price to $850K”. Just like you explained in your post.

But what this also does is to get the seller used to the idea of a smaller selling price for their home….they have now seen $699K in big bold letters as an acceptable price for their house on the MLS. When the buyer comes back with $800K, suddenly it doesn’t seem so bad.

It’s all mind games.

[svelte]

This happened to me with Chase also a few years ago. After checking out w/over $400 of groceries, card denied. We went over to the side, frozen and refrigerated products thawing, and got the same story from Chase…fraud protection, etc. and said that we normally don’t spend that much at the grocery store.

That set me off, because we DO normally buy that much at the grocery store! (we don’t shop often) On their card!

I think everybody in the store could hear me scream into the phone that if it ever happened again at that grocery store, i would chop their card up into little tiny pieces and they’d never see another penny out of me.

Haven’t had a problem since then.

[svelte]

This happened to me with Chase also a few years ago. After checking out w/over $400 of groceries, card denied. We went over to the side, frozen and refrigerated products thawing, and got the same story from Chase…fraud protection, etc. and said that we normally don’t spend that much at the grocery store.

That set me off, because we DO normally buy that much at the grocery store! (we don’t shop often) On their card!

I think everybody in the store could hear me scream into the phone that if it ever happened again at that grocery store, i would chop their card up into little tiny pieces and they’d never see another penny out of me.

Haven’t had a problem since then.

[svelte]

This happened to me with Chase also a few years ago. After checking out w/over $400 of groceries, card denied. We went over to the side, frozen and refrigerated products thawing, and got the same story from Chase…fraud protection, etc. and said that we normally don’t spend that much at the grocery store.

That set me off, because we DO normally buy that much at the grocery store! (we don’t shop often) On their card!

I think everybody in the store could hear me scream into the phone that if it ever happened again at that grocery store, i would chop their card up into little tiny pieces and they’d never see another penny out of me.

Haven’t had a problem since then.

[svelte]

This happened to me with Chase also a few years ago. After checking out w/over $400 of groceries, card denied. We went over to the side, frozen and refrigerated products thawing, and got the same story from Chase…fraud protection, etc. and said that we normally don’t spend that much at the grocery store.

That set me off, because we DO normally buy that much at the grocery store! (we don’t shop often) On their card!

I think everybody in the store could hear me scream into the phone that if it ever happened again at that grocery store, i would chop their card up into little tiny pieces and they’d never see another penny out of me.

Haven’t had a problem since then.

[svelte]

This happened to me with Chase also a few years ago. After checking out w/over $400 of groceries, card denied. We went over to the side, frozen and refrigerated products thawing, and got the same story from Chase…fraud protection, etc. and said that we normally don’t spend that much at the grocery store.

That set me off, because we DO normally buy that much at the grocery store! (we don’t shop often) On their card!

I think everybody in the store could hear me scream into the phone that if it ever happened again at that grocery store, i would chop their card up into little tiny pieces and they’d never see another penny out of me.

Haven’t had a problem since then.

[svelte]

aaaaahhhh…we’re back to the same thing: which is the best decision financially versus what is the best decision for your emotional happiness.

For those in the ‘best financial decision’ camp, they’re driving white Camrys and renting right now. 🙂

For others (me included), we have chosen not to wait until 2012 to buy a house (come on people! that’s SIX YEARS since the peak! I ain’t renting that long) and bought cars that plaster us to the back of the seat when we hit the accelerator. We live life in the fast lane and I’m not slowing down for anybody.

I’m in the “you can’t take it with you” crowd. If I’m not allowed to enjoy my $$, then I might as well not spend so much friggin time earning it.

We put back 10% of our income each year and blow the rest on the indulgence du jour.

I’m not dissin either choice – do what makes you happy.

[svelte]

aaaaahhhh…we’re back to the same thing: which is the best decision financially versus what is the best decision for your emotional happiness.

For those in the ‘best financial decision’ camp, they’re driving white Camrys and renting right now. 🙂

For others (me included), we have chosen not to wait until 2012 to buy a house (come on people! that’s SIX YEARS since the peak! I ain’t renting that long) and bought cars that plaster us to the back of the seat when we hit the accelerator. We live life in the fast lane and I’m not slowing down for anybody.

I’m in the “you can’t take it with you” crowd. If I’m not allowed to enjoy my $$, then I might as well not spend so much friggin time earning it.

We put back 10% of our income each year and blow the rest on the indulgence du jour.

I’m not dissin either choice – do what makes you happy.

[svelte]

aaaaahhhh…we’re back to the same thing: which is the best decision financially versus what is the best decision for your emotional happiness.

For those in the ‘best financial decision’ camp, they’re driving white Camrys and renting right now. 🙂

For others (me included), we have chosen not to wait until 2012 to buy a house (come on people! that’s SIX YEARS since the peak! I ain’t renting that long) and bought cars that plaster us to the back of the seat when we hit the accelerator. We live life in the fast lane and I’m not slowing down for anybody.

I’m in the “you can’t take it with you” crowd. If I’m not allowed to enjoy my $$, then I might as well not spend so much friggin time earning it.

We put back 10% of our income each year and blow the rest on the indulgence du jour.

I’m not dissin either choice – do what makes you happy.

[svelte]

aaaaahhhh…we’re back to the same thing: which is the best decision financially versus what is the best decision for your emotional happiness.

For those in the ‘best financial decision’ camp, they’re driving white Camrys and renting right now. 🙂

For others (me included), we have chosen not to wait until 2012 to buy a house (come on people! that’s SIX YEARS since the peak! I ain’t renting that long) and bought cars that plaster us to the back of the seat when we hit the accelerator. We live life in the fast lane and I’m not slowing down for anybody.

I’m in the “you can’t take it with you” crowd. If I’m not allowed to enjoy my $$, then I might as well not spend so much friggin time earning it.

We put back 10% of our income each year and blow the rest on the indulgence du jour.

I’m not dissin either choice – do what makes you happy.

[svelte]

aaaaahhhh…we’re back to the same thing: which is the best decision financially versus what is the best decision for your emotional happiness.

For those in the ‘best financial decision’ camp, they’re driving white Camrys and renting right now. 🙂

For others (me included), we have chosen not to wait until 2012 to buy a house (come on people! that’s SIX YEARS since the peak! I ain’t renting that long) and bought cars that plaster us to the back of the seat when we hit the accelerator. We live life in the fast lane and I’m not slowing down for anybody.

I’m in the “you can’t take it with you” crowd. If I’m not allowed to enjoy my $$, then I might as well not spend so much friggin time earning it.

We put back 10% of our income each year and blow the rest on the indulgence du jour.

I’m not dissin either choice – do what makes you happy.

[svelte]

I believe the White House was against the plan to raise the limits, but agreed to allow it to get the rest of the package passed. Obviously Paulson and company did not see the risks.

So the Bush Administration did indeed sign on the dotted line for raising the limits. Anybody can say anything, but it’s not until the signature hits the paper does it really matter.

[svelte]

I believe the White House was against the plan to raise the limits, but agreed to allow it to get the rest of the package passed. Obviously Paulson and company did not see the risks.

So the Bush Administration did indeed sign on the dotted line for raising the limits. Anybody can say anything, but it’s not until the signature hits the paper does it really matter.

[Author]

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