March 09, 2007

Why do ramen eating real estate clerks and desperate homedebtors troll HousingPANIC?


I know out-of-work realtors have nothing to do these days (hint - work on that resume!), and I know desperate homedebtors blame the bubble blogs in part for the end of the Great American Housing Ponzi Scheme, but man, give it a rest folks. Go outside, enjoy some fresh air, and take your anger out on the person who's really responsible for your dire straits.

Yourself.

Meanwhile, Bubble Sitters, I see that HSBC (yes, of $11 billion subprime write-off fame) is offering 6% interest on your sold-at-the-peak loot through April. Nice monthly cash flow bonus I'd say on that housing loot sitting in your bank accounts. Just don't put more than the FDIC max $100,000 in any one account. You just never know...

Bitter Renters - with all the money you're saving per month renting that beautiful new home vs. owning (oops, "renting money from a bank"), I'd recommend you take a look at spending some time this summer in Japan, where the yen is still artificially low (for a few more months at least).

And for the over-leveraged, over-spending, no-money-left-after-that-massive-upwardly-adjusting-mortgage-payment-is-made-on-your-rapidly-depreciating-home Desperate Homedebtors, I hear Safeway is running another special on ramen noodles this weekend. Although you'll have to beat "why don't I have any listings" Greg Swann there to get the best flavors.

Yum! Beef ramen!

93 comments:

Anonymous said...

BAAAWAHAHAHAHAHAHHAHAHA

What a starving miserable group of sleezebags.

It's payback time for the years of sleeze.

Anonymous said...

Realtors(TM) have nothing else to do since nobody's buying homes anymore, and they're too dumb to land a real job

Anonymous said...

It must suck working in the most despised business in america right now.

Anonymous said...

This is the greatest f""""" blog to read when you just had enough of these lying bastards.

Shakster said...

Because our opinions matter more than their own.Ya see ,they are in a business that they have no passion for,LIKE ALOT OF US,but the money was good so they stayed.
They need reassurance,but that will not solve their problem,so after they have been reassured by the likes of David LEERAY,it calms them for a short period ,then the nagging questions enter their heads,then they come looking to the other side for answeres.Trolling for answeres,then they find answeres they don't like,and instead of applying themselves to solve it, they fight with HPers.When they get honest with themselves they'll get out of R/E,or go ahead ,and try to improve how they do business.God ,what a line of shit,they just suck,that's all.steveaustinosi

cow_tipping said...

Working on that resume is very very quick. They just put their name on the nice resumes on monster. Lying after all is their most important skill, and if they can sell that overpriced House crap to people, they can do anything.
Cool.
Cow_tipping.

Anonymous said...

Because they want to what kind of kickback they are missing out on.

State Cracking Down On Realtor-Title Company Ties

St. Paul State regulators are cracking down on real estate agents and brokers who direct customers to an affiliated title company for their closing and then accept a referral fee, saying it's against state and federal law.

"It's just plain illegal, and we're going to stop the practice," state Commerce Commissioner Glenn Wilson said.

Commerce Department officials have recently taken action against several title companies. In the largest action, the agency ordered Santa Ana, Calif.-based First American Title Insurance Co. to shut down 35 joint venture title companies in Minnesota and pay the state a $500,000 civil penalty.

First America's joint ventures were shams that violated state law and the federal Real Estate Settlement Procedures Act, Commerce officials said. The settlement was the result of a yearlong investigation by the Commerce Department into title schemes, assisted by an investigator from the U.S. Department of Housing and Urban Development.

First American agreed to the action, but denied wrongdoing in its signed agreement. The company maintains the arrangements were legal.

According to its consent order with the state, First American operated 35 title offices in Minnesota since 1995. The company had a 20-percent stake in the arrangements, with the remaining 80 percent ownership held by 600 real estate agents, brokers, mortgage originators, land developers and builders who made initial investments of about $500 each.

The offices maintained nominal staff that were sometimes shared between companies. The real estate professionals steered customers to the title companies for closing and title insurance, then got kickbacks for the business.

Paul Hanson, chief examiner for the Commerce Department, said the kickbacks ranged from small amounts to "tens of thousands" of dollars. It's unclear how many homeowners were involved, he said.

http://wcco.com/local/
local_story_067122023.html

marinite said...

That's a tasteless and immature post.

Anonymous said...

realtors suck!

Anonymous said...

Keith - sometimes you're a real meanie!
Everybody else - load up with silver while it's so absurdly cheap.

Anonymous said...

The troll activity has sure picked up here lately. I guess that should tell us something. HP'ers are hated outside of HP!

LonleyRealtor15 said...

Hey I'm a Realtor and I have been pulling my pud at the office, they say "What you believe" is truth but I use all the positive thinking I can, and my phone still won't ring, what am I doing wrong?

I BELIEVE I BELIEVE damn it! nothing....I can't collect unemployment either boy what am I going to do...help.

Anonymous said...

It's no fun when the Housing ATM is turned off.

Anonymous said...

No commish...BAAAAWAHAHAHAHAHAHAHA

Anonymous said...

Keith,

I'm a Realtor, and you made my mom cry....

am I a troll? said...

Two weeks ago I sold my home in San Diego. The sale price was $189,000 more than what I bought it for. Granted, 2 years ago I could have sold it for $50,000 more. I missed out on the peak, oh well. Sale closes in April and I'm moving to the Atlanta area.

I've been reading your blog for the last 6 months or so and thought OK let's look at rental options. $2000 is about the minimum I'd have to pay for a decent place that isn't 30 years old with wood panelling and plastic flooring in the kitchen. Sure I could rent something for $800 if I wanted. But I'm not about to live the way I did while in business school, living in a dump to save money.

I want an upscale neighborhood and a good sized home (not a McMansion, about 2000-2500 sq ft) with hardwood floors, tile floors in the bathrooms, big kitchen, tall ceilings, good sized yard etc. For that $2000 is the going rate. That same $2000 rental costs $400,000 to buy. For Atlanta that is about twice the median and considered expensive, although coming from San Diego I think of it as a steal. It's all relative.

With $0 down, 6% fixed rate mortgage is is $2400. Add $300 for tax and insurance and I'm at $2700. Subtract the federal and state tax deduction (28% tax bracket federal, 6% bracket state) and principle payback, my true cost per month is $1500. Add another say $200 for maintenance/repairs and I'm at $1700. Still cheaper than renting and I get to keep all my "sold $50K shy of the peak" money too.

Prices in Atlanta have been going up the past couple of years. Not much, 2 or 3% a year. That was the same kind of appreciation during 2001-2005. I'm not worried about a crash since there was no bubble to begin with there. The $400,000 home cost $325,000 in 2000.

I think what Keith and most of you (myself included) from California forget is that there is a whole big country out there. Once you leave SoCal home prices are not that unreasonable. In Atlanta you can still buy a house for $150,000. In Dallas homes are still avaialble for $100,000. Your blanket statements that buying a home is financial suicide and renting is always better is simply not true.

As for the realtors going hungry, not the ones I know. The realtor that I used to sell my home in SD is my wife's friend from college (yes that's right a realtor with a college degree, amazing huh?). Her husband is a surgeon so I doubt she'll be lining up for Raman specials any time soon. If she sells 1 home or 10 homes, the money pales in comparison to what he brings in. For her it's something to do, a hobby more than a job. The realtor I am working with in Atlanta is my friend's mother-in-law who is the onwer of an apartment management company and does r/e on the side. Again, I don't think she'll be waiting in line for the specials either. And finally my dear old mom got into the r/e biz. She was a high school teacher for 30 years and retired with a very generous pension and benefits. Oh and has a Master's in English too, imagine a second realtor with a college degree!!! Right around the time she reired, the market started going crazy. So she figured what the hell, let's get in on this, got her licence and sold r/e. She had a few good years, made some decent money. This year, she didn't bother renewing her licence since it's so dead and now that my father is about to retire, they're off to see the world. Once again, no Raman sales will be applicable.

You fail to realize that a lot (obvioulsy not all) of realtors are the part timers, the reirees, the bored trophy wives, the stay-at-home moms, etc. People for whom the income derived from real estate is not the primary household source of income and will not cause them much financial hardship, if any once its gone.

If all this mames me a troll, so be it. Thanks for reading though.

Anonymous said...

out of work R.E. peeps:

get your cabbie license

you're already just glorified taxi drivers anyway

Anonymous said...

This blog has killed my sales....who's going to pay me?

Anonymous said...

SILVER EAGLES

Anonymous said...

SILVER EAGLES

Anonymous said...

WASHINGTON - The net worth of U.S. households climbed to a record high in the final quarter of last year.


SO THERE! Now enough of this negative talking blog.

Anonymous said...

How's the ramen chumps?????

Anonymous said...

Everytime I come to this site I have to up the dosage on my anti-depressants.

Charles Dickens said...

As Charles Dickens says, 'It's been the best of times, the worst of times.'

Anonymous said...

Coulter’s use of the demeaning and harmful word "faggot" is so beyond the pale that anyone who uses it should not be given a platform as a respected voice in the political discourse of our country.

"Bubble" is a loaded word. It is a weapon used to demean and wound our community.

The news media has a responsibility to not simply become an avenue that allows Bloggers the opportunity to broadcast thier vile slurs.

Anonymous said...

"I expect prices and sales to be modestly growing by June in most of the country,"

said David Lereah, the chief economist for the National Association of Realtors

This is just a abnormality, now go home.

Richard said...

Why so many ANONs on Hp??

When this thing started a few years ago it was maybe 1 or 3 ANONs per thread...

Now they have overrun this place...balless pansy asses....

Get a freag'n name!!!

Anonymous said...
This comment has been removed by a blog administrator.
Anonymous said...

We make it easy!

Low monthly payments**

No up-front cost or obligation

Loans for homeowners with credit problems

Debt consolidation loans for homeowners

https://loans.countrywide.com

Anonymous said...

Specializing in Bad Credit Mortgages...

Because Life Doesn't Always Turn Out Like you Planned

Tipper said...

I always thought we would be reaching a tipping point, and maybe we are reaching that tipping point now.

tomcarbon said...

I really can't recommend the beef flavored ramen.

I would strongly suggest the chicken flavors. The shrimp or even the oriental flavor is okay.

What is oriental flavor, anyway?

Anonymous said...

NEW and FMT bite the dust but what's status of WMC?? I worked in subprime and heard lots of "making it work" stories about WMC. In fact, I lost lots of busniess to them. They're owned by GE($$$) but at some point it has to hit the fan for them too. Anyone have any info on how WMC/GE is doing?

Anonymous said...

is anyone who disagrees with you loons considered a troll? I guess in commuist countries anyone who dared disagree with the party was branded a trauitor. No different here.

ALL HAIL KEITH!!!

Mark in San Diego said...

It is our turn to gloat and brag about renting for pennies on the dollar. . .a few years ago, all of my "friends" were bragging to me about how many houses they bought for "investment" and the great loan rate the got on their HELOC to remodel the kitchen. I was just a university civil servant who had a paid mortgage and put money into my 403, and invested in old fashion utility stocks with nice dividends - AND drove a 9 year old car (still have). . . it wasn't rocket science to retire rich.

Out at the peak said...

Speaking of Safeway, they have a great Movie Cash promotion going on now. If you buy 10 participating items (like Boston Market or Lean Cuisine frozen dinners on sale for $2 each). For $20, get 10 meals and two movie tickets.

This is my favorite deal of the month. Ends 3/13. Damn, I'm a Safeway whore.

Uncle Al said...

Hey Keith,

If you could capture a Rat nibbling on a pack of Ramens that would be priceless.

GreedKills said...

My biggest sense of satisfaction comes when I peruse the Craigslist real estate ads and see all the Owner/Agent listings.

Nice to see that they got caught up in the same game.

I hope they never sell...for a profit that is.

Anonymous said...

wonder what everyone here does for a living. can't be anything too demanding, after all you're here posting 24/7 and if not posting, reading other blogs from which you take ideas and post here.

my best guess would be government "workers" with all the free time in the world to criticize others.

JR Junky said...

Could never figure where the money is coming from to enable so many people who have so little knowledge to amass so much wealth. I had spent 36 years since coming home from Vietnam busting my hump working for Hewlett Packard (Till they shipped the factory to Malaysia 5 years ago) designing and building computer test sets, I have nothing to complain about, I have my house paid for and all kids are through school, but the amount of ability and drive people put into their jobs should have something to do with what you are rewarded with. Having known many of the people who are multimillionaires I am amazed at how little knowledge and hard work they needed to do to amass large amounts of money, most of which seems to come from Real-Estate, either as being a builder/developer or involved with the hedge fund guys. I cannot believe how many thousands of small hedge funds there are; It looks like the people who made the most money formed corporations with some capital and collected junk type mortgage assets and packaged them as shares for sale to the different large retirement funds and have kept on leveraging

letsgetiton! said...

I love it! Can't wait to lap up the blood from their half-dead corpses! MMUUUUUU HAHAHAHAHAAHAH

Anonymous said...

Maybe they want to hear story like this:

Today the job numbers went up and yields on the bond market also went up as investors priced out any chance that Ben Bernanke will lower interest rate 11 days from now.

This job numbers will only get bigger as many States will have to staff up to handle the massive amount of law suits that will follow this sub-prime implosion. In addition to prosecution lawyers, policemen, and legal administrative staff in the public sectors, there will be a number of staff that will be created in the private sector who will try to defend these abusive sub-prime lenders.

FBI is currently stating that abusive sub-prime lenders may get up to 30 years in prison.

States like California who has the most abusive problems will need to spend more money on creating new prisons to house the new abusive sub-prime lenders, because States like California have an over crowded prison population.

This in turn will be a big boost to economy as the slow down in the housing market will create much needed new construction jobs in the public sector.

As new construction jobs are created so will be the demand for new American work trucks. This will boost GM and Ford profits.

In turn a good economy will drive interest rate higher, and higher interest rate will exposes more mortgage fraud. This wave of mortgage fraud will affect the alt-A lenders. Then the cycle will repeat itself.

Anonymous said...

when the next commish check...no commish makes for diffcult times. bread lines forming across the country to feed starving realtors.
Let the sleeze starve!

stuckinthecity said...

buy long, reeeeeal long on Maruchan!

hahahahah

Agent #777 said...

Just as saying all politicians are sleazebags besmirches the name of Ron Paul, trashing all Realtors is unfair as well.

I am a Realtor for almost 12 years.
I have made more in IT for the last 9 years, except for the current year, where I have made 18k in RE so far. Not only am I smart enough to have a "real job", I can also make up and use a moniker on a blog to identify myself for reference purposes. Ask me if I agree with the comments of DL, and you will get an "of course not!"

I agree with the sentiments in this blog regarding real estate and lending. I have been telling people so in a little bit more formal manner for about 3 years. The one caveat I always mention is that we could also have hyperinflation, which could render mortgages virtually meaningless. I also say that I think the odds are against that, but the comment is so outlandish I suppose most people ignore that and anything I say after that.
Personally, we sold last Sept, though I wanted to sell in summer 05, but the wife would not hear of it unless we were doing it to buy a LARGER house. We probably lost about 30-40k in waiting another year. I am just glad we are out. If we were going to stay in this state for another 7 years or more, I would not have been as anxious, but since we want to move in the next couple years, I am glad we are free now. The payment was very affordable, but with the interest on the equity, we are actually paying less net than before.

We now rent a nice townhouse.

Anonymous said...

I'm sure motives vary. More likely than not is just to get a pulse on an issue that directly impacts their line of work.

Anonymous said...

Once again gold falls.

HA HA!!

Anonymous said...
This comment has been removed by a blog administrator.
Frederico said...

No way in hell I would trust HSBC for the safe keeping of my greenbacks, regardless of the rate.

Good luck getting it back from the FDIC after the poopie splatters.

The FDIC was not designed for a major meltdown, just as SSI was not designed to be a sole source of income in one's retirement years.

Our warm 'n fuzzy institutions are entirely outdated.

Anonymous said...

Hey HPers, it's Friday night. Enjoy yourselves this weekend clipping coupons, riding the bus and borrowing library books.

I'll be out spending money, eating well, drinking like a fish and enjoying life....maybe I'll pick up a plasma too, prices on those things are falling faster than your chances of ever meeting a woman.

See you Monday bitches.

Anonymous said...

Find It, Fix It, Flip It!: Make Millions in Real Estate -- One House at a Time

Bibliographic Data: Trade Paperback, 224 Pages, Penguin Group (USA) Incorporated, January 2006

Author: Corbett, Michael

List Price: $15.00
In-store prices may vary. See your local store for the most up-to-date pricing.

Status: In Print

BINC: 8116434

ISBN: 0452286697

Anonymous said...

They come here because Bitter Renters taste like chicken!

Anonymous said...

dumb liberal trash from the north head down to florida and pay top price for swampland. i love it

keith said...

The hundreds of thousands of unemployed realtors and mortgage brokers on commission do not count in the "official" unemployment numbers, and they can't file for unemployment benefits either.

In addition, you have millions of illegal immigrants who used to build and remodel homes and now have no jobs.

So the government numbers look rosy, when we all know damn well it's devastation out there in the REIC community.

Should we feel sorry for any of 'em? And what will the millions of unemployed, unethical and illegal REIC do now (besides load up on ramen?)

I want to feel sorry for them, I want to help them, but first I want to see an apology for their behavior, a recognition that the housing bubble was a ponzi scheme, and a willingness on their part to change, and to do good in life.

Then we should all offer to help. Only then.

Anonymous said...

Yesterday I went to my local office supply store, next door was a Coldwell Banker Realt-whore office. I noticed 5 middle aged hag realth-whore getting out of a car, all wearing Hawaiian outfits. They were LIT. I overheard their leader say the Hawaiian Luau lunch was a motivational lunch and a 'pump up for spring' lunch. One of them still had a tequila shot whistle and blew it on her way into the office and they all cheered. It was hilarious watching these corny, over the hill, arrogant and pompous hags stumble back into the office. They probably called it a day soon after as I peaked inside and there was not one single customer. BIG TIME DENIAL.

Anonymous said...

Here's Greg Swann's listings. One crap condo and one north phoenix ghetto dump

http://bloodhoundrealty.com/listings.php

Ramen? He's probably down to worms and grass now

Anonymous said...

"wonder what everyone here does for a living. can't be anything too demanding, after all you're here posting 24/7 and if not posting, reading other blogs from which you take ideas and post here."

Patent Attorney in DC and can't afford a decent home at these prices...

Anonymous said...

"my best guess would be government "workers" with all the free time in the world to criticize others."


Ahhhh :-( Did we piss you off pussycat? Strike a nerve? Or better..are you leveraged to the hilt enjoying your 60 year Interest Only Option ARM?

govt. worker? negative. I am an IT Director for a large corporation. I come here for the shcadenfreude I get from you (1 of 2): A bitter renter who aspires to owna home one day but got shut out OR you are a desperate home-debtor that bought post-bubble and have cash-refied the shit out of the ATM house or sucked on the Heloc-Cock way too long.
Is your ARM startin to hurt beotch?

Joey Wadd said...

I would strongly suggest the chicken flavors. The shrimp or even the oriental flavor is okay.

What is oriental flavor, anyway?


Loaded with extra MSG and salt...

Anonymous said...

Got GOLD?

Well then you lost money this week.

Anonymous said...

Can't we all just get along?
I feel for those RE professionals who are unfortunate enough to suffer through a downturn. Most of us little people just don't realize how much compassion and integrity these sales professionals exercise in their transactions. Imagine the difficulty of one month being the top sales performer in the office and joining the exclusive president's platinum circle of leadership excellence and then next month wham!, no sales at all and having to pay for weekly tooth polishing, enough dry cleaning to clothe Lithuania, and leather treatments for the Lex. After I sold my first business and was looking for a bigger home for the family I remember how courteously I was treated when I pulled up to an open house in my old truck. I knew then that I was dealing with a group of uniquely perceptive people. They made me so welcome that I'll never forget it. I don't think I ever met a more humble and genuine group of people.

Anonymous said...

They probably called it a day soon after as I peaked inside and there was not one single customer. BIG TIME DENIAL.

March 10, 2007 12:22 AM

---------------------------------

Not one single customer....uhm professor, "customers" don't walk into a real estate office and say hey you know what I'm looking for a house today. It's not a car dealership slappy.

I've bought and sold 7 homes and not once did I ever actually go into a real estate office. As a buyer an agent would pick me up from home and we'd go look at houses in his/her car. As a seller the agent would come to my house if I ever needed to see him/her in person.

I can tell you're a life-long renter, you haven't got a clue about how the process works.

Anonymous said...

Anonymous said...

It must suck working in the most despised business in america right now.

March 09, 2007 6:22 PM
---------

I think you're confusing HP with America.

Anonymous said...

forget the ramen noodles...

these real estate folk are going to be enlisted for Afganistan duty

Anonymous said...

Hey how bout a countdown clock until Greg Swan enlists for Afganistan duty to avoid AZ lawsuits???

FlyingMonkeyWarrior said...

My biggest sense of satisfaction comes when I peruse the Craigslist real estate ads and see all the Owner/Agent listings.
************
That is what I am talkin about.
KARMA

Anonymous said...
This comment has been removed by a blog administrator.
Anonymous said...
This comment has been removed by a blog administrator.
corvinus said...

I was wondering when Keith would put up a picture of ramen.

Here's an idea: Go long on Maruchan (or Toyo Suisan) stock.

oneclickplus said...

Can I get a link on that 6% hsbc deal? I can only find 5.25% being offered at hsbc.com

oneclickplus said...

Can I get a link on that 6% hsbc deal? I can only find 5.25% being offered at hsbc.com

Mort said...

Booyah! Buy CFC, Cramer sez it's a good buy. Ba Ba booyah!

Anonymous said...

has anyone noticed the smaller cans for the soups and the almost tripled price?, no inflation here?

Anonymous said...

bogus numbers everywhere, makes real estate in boom look good,

ooga booga said...

Cheap Chinese-made electronics shit on sale at Best Buy this weekend. You need something to fill up all that empty space in your debt-riddled McMansion. There's alot more space to fill than what you had in your double-wide.

Awaiting bubble rubble said...

As an earlier poster pointed out, many realtors are not dependent on the income from that line of work for their survival. If there are large concentrations of realtors who are dependent on RE income, and their primary job skill is smiling and manipulating emotions of people and playing games with legal contracts then I would say watch out. There may be a strong uptick of low level cons, suing for profit, and other games in these areas in the near future.

Agent #777 said...

Keith, I really think the time has come to disable "anonymous" for good.

This is getting ALMOST as annoying as Hillary in "screech mode". Almost, but not quite.

Anonymous said...

"I can tell you're a life-long renter, you haven't got a clue about how the process works."

Um... yes...some people, especially first time buyers, my point is I didnt see any of that in that office.
Real estate agents are glorified care salesmen so why not compare the process to buying a car? You make it sound like buying a home is some complicated, exclusive, VIP process. Any douchebag can buy a home nowaday with the loose lending. Look at your douchebag ass who was able to buy and flip 7 homes. Ahh another 30k millionaire. Go fuk yourself skippy.
Dont get you panties all bunched up you real-whore troll.

Signed...a fellow home-debtor. I love it how assholes like you assume everyone her posting is a bitter renter.

Clotpoll said...

...am I a troll (6:51)-

Kudos for going it alone against this pack of subliterates. I own a RE company and am fortunate to have a small crew of good agents who've been in the biz 12+ years (on average).

Every new piece of bad news drives competitors out of business...and drives more customers our way. When a sale or purchase is no longer a "slam dunk", it's hard to call your retard "Cousin Fred", who does RE part time and sells three houses a year.

As for the "uneducated" thing...who gives a rat's a** what a bunch of bitter, bilious basement-dwelling bubble bloggers think about us?

I sure don't.

Has been said...

I'm a Realtor and it's so bad I have to buy Ramen in Bulk. I have never ever seen it like this. There is going to be blood on the streets.

Anonymous said...

Look at this dilusional seller on city data forum:

I have a home in Parkland, FL which is outside the Ft. Lauderdale,FL area.
The community is a beautiful gated community called Sable Pass. We lived there for 3 years and just got relocated to North Carolina. We are selling our home in parkland. The home is beautiful. It is a 4 bedroom, 2 and 1/2 bath with a new remodled kitchen, new appliances, 3 sets of french doors, wood floors upstairs, open floorplan, heated pool, Huge screened in patio/ beautiful landscape. Our house just was appraied at $600,000. 3 deals have fallen through due to bank denials. We have 3 different investors who each wanted to finance 100% hold on to it until the market go's back up and then resell for a hugh profit. Any way, our last deal feel through do to this, and we are now paying 2 mortgages and desperate to sell. We dropped our home to $485. Last year this time my house would have easily sold for over $600,000. So said that we have to drop the price, but can't pay two mortgages any more. If you or anyone you know is interested to live in beautiful Parkland, FL ( a little taste of the country) in a big city, let me know. You will love it there. Great neighborhood. Home is on a culdsac street. Lots of neighboorhood cook outs. WE REALLY NEED TO SELL.

Thanks a bunch

She bought the house for $320,000 3 years ago and can't get why no one will give her much more than than now. She over paid then as the previous owner bought it a year before for $263,000.

These people are in huge denial!

Agent #777 said...

Yet another Anon @3:48 PM

Any chance you will check the public records for us, to see if she has been hitting the H-ATM? They may have borrowed another 150k on top of that.

The only MLS listing in there I see is a 4/2 2681 SFT pool and canal front home at 6321 NW 58TH WY for 518,500. Would you have any recent sales comps?

Anonymous said...

Because they're angry

TM said...

I have no idea what you're all gloating about. We're going to end up spending beaucoup tax dollars "fixing' this mess... all of us.

Wise Renter said...

Why is it that neo-con/Bush-whacko/couch-patriots always assume that anyone who disagrees with them is a "liberal" or " democrat?" The truth is no conservative, liberal, democrat or replubican will ever make this world a better place. Bottom line: would you like to be driven off the edge of a cliff in a Ford or Chevy?

Oh, excuse me: When home-debtor/hamsters lose their shirts, it will be bacause of those "liberal tree huggers" who "hate America" and "didn't want to see them succeed,"

F*** you AND you McMansion and SUV.

Clotpoll said...

Hey Keith,

I've been lurking around for a few days. From what I can tell, you and your minion need to up your game. The agent-hate here is so September '06. Blaming Realtors for the purchasing decisions of millions of individual adults is the equivalent of saying the guys running around the floor of the NYSE determine the prices.

We bring buyers and sellers together. THEY determine prices, not us.

Take a cue from Grim, the moderator at http://njrealestatereport.com/, and stop wasting bandwidth on screed, rant and whining.

Han said...

QUOTE: "a lot (obvioulsy not all) of realtors are the part timers, the reirees, the bored trophy wives, the stay-at-home moms"


I get a real good feeling knowing that "a lot" of realtors are:
-part timers
-retirees
-bored trophy wives
-stay at home moms

These are just the kind of people that you want when you make big financial decisions

Clotpoll said...

Han (9:56)-

So why the hell can't you interview the person who's about to help you in the biggest financial transaction of your life?

To blithely accept the worst is not the agent's fault...it's the client's. Caveat emptor, byatch.

Whiner.

Just a Troll said...

What amazes me is that you folks really think you matter. You know nothing about anything, but damn you have a keyboard.

You've made the host of this joke your new hero and for what? Walking around with a virtual sandwich board claiming the world is at an end.

Wake up, put your repressed rage from your life at 7-Eleven and side and look at the s*** this man is shoveling you.

Anonymous said...

"Wake up, put your repressed rage from your life at 7-Eleven and side and look at the s*** this man is shoveling you."

SO I take it this means you say ..there IS NO bubble? If thats it, with all the evidence around, man you are an asshole in denial.

Anonymous said...

Clotpoll:

It's hard to find a decent,honest , professional agent now a days. They are in there but very few. Most the ones I know were delivering auto parts or working at Circle K about 2- 3 years ago. Many of them can bullshit like a mo-fo. Too bad for the good apples cuz they all are suffering.

Are you an agent? I see this guy struck a nerve.

Clotpoll said...

Anon (9:41)-

Broker, actually. I own a RE company & have kept it small, as I don't hire the quick-kill, fuckup crowd. I got laughed at by competitors when things were running hot, but the shoe's on the other foot now.

I actually share a lot of contempt for the illiterate, shit-for-brain short-timer looking to RE for a fast check. There are way too many of us, which is sad testament to the ease of obtaining a license.

However, there are good practitioners out there who deserve not to be painted by the disparaging broad strokes employed by those here who traffic in blanket indictment and invective.

Anonymous said...

I'm a stockbroker(degree in economics) and it makes me happy that I will no longer be considered the scum of the earth. Actually, my clients have done very well and are very happy with me since I started seven years ago. My industry is very scrutinized and regulated now, unlike the corrupt real estate industry. But still, I enthusiastically pass on the torch of scum title to all realtors and loan officers! Thank you so very much. You deserve it. No really, I insist. Here, take it. It's all yours :)