June 23, 2006

Proof that realtors are really stupid - the Bubble Fence


David at BubbleMeter submits this proof - the Bubble Fence. Would any sane person buy a condo in a development where it looks as if every owner wants the heck out of dodge?

What this shouts to me is:

1) Desperation
2) Panic
3) Stupidity
4) Lowball Offers Accepted!

28 comments:

asdf said...

First!

Anonymous said...

proof of realtors being stupid is the fact that they're not making any money any more, while probably having to make leased lexus payments, mary kay cosmetics payments and payments on their investment property they can't get rid of

millions of realtors will be seeking new work now

me said...

funnier than the bubble bench.

Budvarr said...

What exactly are the things hanging off the fence?

SidneyPrice said...

Dear Mr. BudVarr

lockboxes with condo keys. The realtor brings the client to the complex, opens the lockbox, and gets the key to the unit the client wants to see.

BTW: Great logo. Great beer. Been to Prague lately?

Anonymous said...

I would add "irresponsible." What kind of idiot would hang a lock box on a chain link fence. Anyone with a $5 pair of wire cutters could take the lock box, saw it open, get the key and clean out the condo before lunch. At least the "bubble bench" was substantial enough to discourage lock box theft. At the moment,the search for the world's dumbest realtor seems to be a multiple party tie for first place.

brokersleaveyoubroke said...

I would add "irresponsible." What kind of idiot would hang a lock box on a chain link fence.
Anyone with a $5 pair of wire cutters could take the lock box, saw it open, get the key and clean out the condo before lunch.


Typically, a lockbox is only used when a condo/house is empty. When you put up a lockbox every realtor in town has access to that lockbox so not many people use one if they're still living there. Breaking in to one of these would just get you into an empty condo that nobody wants. If somebody is living in it you would call first and make an appointment. That's also why there are more units for sale then there are lockboxes.

austingal said...

My aunt, who sells realestate around boston, and who has argued many times with me about the bubble situation, emailed me about her work situation. Things are so bad, she's considering getting a "real job". Nothing is selling. She's been in real estate for 20 years.

David said...

Thanks for the mention. :-)

David
Bubble Meter Blog

AnonyRuss said...

>>>Typically, a lockbox is only used when a condo/house is empty. When you put up a lockbox every realtor in town has access to that lockbox so not many people use one if they're still living there.

Most houses on the MLS here in metro Phoenix have one of those electronic lockboxes. That includes the occupied ones.

Mark in San Diego said...

Sign in Carlsbad, Ca Windemere Real Estate office -

"The Bubble has NOT Burst". . .


I'm not kidding - the sign has a picture of a little kid blowing bubbles. . .I was up there for lunch and didn't have my camera, but if any bloggers are out there up Carlsbad way, it is right at the Village Center near the Coaster station. . .Advertising that the bubble has not burst is like Pets.com saying everything is peachy in 2001!!!

Anonymous said...

Isn't this from a DC blog?

And isn't it DC that gave us the spetacular "condos for sale bench" back in the winter?

Anonymous said...

Who makes the lock boxes? Are they on a stock exchange?

Los Angeles Friends In Deed said...

I thought that realtors typically attach those lockboxes to doorknobs.

Somthing strange about them locking them to a chain link fence

Chris G said...

I thought that realtors typically attach those lockboxes to doorknobs.

Somthing strange about them locking them to a chain link fence


Before you can go to the condo, you have to get through the front door first. Not all condo buildings have permanently staffed lobby areas.

Chris G said...

I went to check out this place yesterday because it's only about 3 blocks from where I work. The setup of this building is very strange. On 10th Street NW you have the main building. The condos have these all-glass fronts to them where you can see the inside of the property clear as day. Some of the units look completely empty and then you have a few that are either occupied or staged. There is a second building behind that one that continues pretty far back, extending at least halfway to 9th Street.

The weird part is that there is another part to this complex, maybe 20 feet wide, that is actually set up along what I believe is M Street. In between this building and the main building is a parking lot, at the corner of 10th and M Street. So you have the main building on 10th, a narrow building (same architecture and street number) around the corner on M Street, with a fenced parking lot in between.

AnonyRuss said...

>>>Who makes the lock boxes? Are they on a stock exchange?

General Electric.

Anonymous said...

Realtor Equation = (greed + lie + ugly photo on business card) + (class -ethics - education)

blogsurfer said...

I see in your blog you are talking about something related to real estate. Are you interested in real estate? Here's a good site to find those deals. All deals are available at auction prices. Residential real estate, commercial real estate, lots, real estate courses, analysis, timeshares, condo hotels, mortgages, plus many kinds of investments. You have nothing to lose by looking. Just a secret little tip I wanted to pass along.

blogme said...

I see in your blog you are talking about something related to real estate. Are you interested in real estate? Here's a good site to find those deals. All deals are available at auction prices. Residential real estate, commercial real estate, lots, real estate courses, analysis, timeshares, condo hotels, mortgages, plus many kinds of investments. You have nothing to lose by looking. Just a secret little tip I wanted to pass along.

stock market news said...

Hi Friend! You have a great blog over here!
Please accept my compliments and wishes for your happiness and success!
If you have a moment, please take a look at my stock market news site.
Have a great day!

stock market information said...

Your blog I found to be very interesting!
I just came across your blog and wanted to
drop you a note telling you how impressed I was with
the information you have posted here.
I have a stock market information
site.
Come and check it out if you get time :-)
Best regards!

stock market content provider said...

I am here because of search results for blogs with a related topic to mine.
Please,accept my congratulations for your excellent work!
I have a stock market content provider site.
Come and check it out if you get time :-)
Best regards!

Bill Harrison said...

Hey Fellow, you have a top-notch blog here!
If you have a moment, please have a look at my bureau credit site.
Good luck!

Real Estate Listings said...

Nice blog. If you are interested in other find property listings real estate related blogs visit find property listings real estate

Real Estate Listings said...

As always, you have compiled a very interesting blog here. I think you would enjoy my whats the value of my home blog. You should check it out if you are interested in all things related to whats the value of my home

buy commercial note said...

Interesting blog. Thanks for the info.

Sincerely,

DialNoteFinder
buy commercial note
http://www.DialNoteFinder.com

Anonymous said...

Hellllllllllloooooooooo

Get Some Great Information about real estate listings . If your interested in finding out how the experts deal in real estate then visit http://realestate.opportunitiesinfo.com