August 08, 2008

And then one realtor. One. Recommended going with honesty versus propaganda and spin. One realtor. One. Out of 1.3 million.


"Being positive is a good thing. It can't hurt even in a down market, but we need to be honest, too. Some agents in my market don't bother to look at the numbers and just go with the propaganda that is handed to them at their weekly sales meeting, or the spin put on the real estate market by the local and national boards of Realtors."

- Teresa Boardman, St. Paul Real Estate blog, August 2008

22 comments:

Anonymous said...

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Countrywide Personal Profiles Sold To Undercover FBI
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Anonymous said...

Last weekend I attended a family reunion. One of my cousins who lives in Phoenix is renting. He's also an idiot.

He got married 2 years ago. Luckily his wife has a head on her shoulders and she convinced him it was a bad time to buy a house. Smart girl, how she ended up with this dumbass is beyond me.Anyway, he's just itching to buy something. I talked to him about this and told him that they should wait some more. I said even if you think this is the bottom, it's not like prices will shoot up 50% next week. Just wait another 6 months to see if things have stabilized. Then if you see prices and sales numbers are holding steady, start making some lowball offer and see how it goes. I laid out the HP argument, using facts, figures, economic theories, the works.

His reply back to me: well a couple of realtor friends of mine told me now is the right time to buy and if I don't buy now, I might be priced out when the boom starts again.

At that point, I said OK, good luck with that and went off to find someone else to talk to.

On HP, lots of dicsussion of how realtors have been discredited. Out in the real world, not so much. People still think of realtors as experts in the field. It's sad, but unfortunately true.

Anonymous said...

Lucas Lechuga of miamicondoinvestments.com (poor name, which I think he would admit) is another honest realtor. He runs a very informative and -- by and large -- refreshingly honest blog down here in Miami.

Anonymous said...

LOL this is just more SPIN sucker!

TALKING about being honest is not the same as SAYING SOMETHING TRUE, stating a FACT, saying the emperor has no clothes, speaking out against your own industry, etc.

This is a VERY POPULAR and effective technique that the LYING REPUBLICAN leaders use against their own base to keep them voting directly against their own interests.

Most recent example: THE STRAIGHT TALK EXPRESS.

LOL

Anonymous said...

Seriously, it feels like we are all German citizens back in the 1940's, all writting secret notes and underground messages to one another - that our presisident (Adolph Hitler)and his new regime are about to take over the world by force - yet the official news (and SS propaganda network machines) say everything is fine and nothing evil is going on.

Bwaaa!!!!!!

born to lose said...

maybe she's using reverse psychology.

Anonymous said...

"Carry out the battle to criticize Lin (Biao) and Confucious to the end!"

Mark in Philly said...

Now compare to socialism. A dismal failure where ever it is tried, yet still is pushed as the amswer to all our problems here in America. And then one liberal. One...

Anonymous said...

Hysterical excerpts from that:

"...I actually felt relieved for him and for myself when he processed what I told him and he backed out...."

Translation: it is SO unusual for us to demure; almost unique.

"...The one thing we can always hold on to is our integrity. That's really all we have..."

I'm gonna hurl.

"...When an non agent asks me "how is the market?"
My response...really good for buyers..."


2 posts down: "...Realtors were crowing "It's a great time to buy!" right up to the second the market crashed..."

Here is the prior claiming IT STILL IS.

Is there EVER a bad time to buy, professionals?

Anonymous said...

"...these times call for being positive and truthful...

{speechless}

Anonymous said...

http://www.bubbleinfo.com/

Jim the Realtor is also very honest and has a great blog.

Anonymous said...

Thankyou, Theresa Bordman.

Anyone else?

Better yet: Any POLITICIAN out there want to come out and tell it straight, for the good of your flock, DON'T BUY A HOUSE???

Or are you all going to follow Barney Frank, Hillary, Dodd's,etc. example and just keep telling Americans to go f&ck themselves and their families by buying into an overpriced market?

Yeah, we always knew you were on our side. NOT.

Merrill Lynch said...

Eminently deserving of the SEC's focus, for example, is the flurry of headlines surrounding Merrill Lynch. Last week, just two weeks after reporting earnings, the company said it would take a $5.7 billion write-off in the third quarter.

OOOPS.......MY BAD...

HB Bear said...

I fired my agent last month.

He and I violently disagreed on the price that I should bid for a house. I showed him the list of comps I used to set my price when I asked for his logic all he could say that he'd been selling for 20 years and just knew what the house was worth. He was over $50,000 higher than I was on price.

The house sold for LESS that I wanted to offer.

Had he done his research and not been so pig-headed, he could have collected over $16,000 in commissions.

Anonymous said...

not just one...
many...
you whiny fux

Anonymous said...

FLASH: JUNE PRICES UP 1.1%

Give it up HP

Anonymous said...

A paragraph from CNN:

25% of home sales result in loss

"He said he made a 10% downpayment spent big on upgrades, including two renovated baths. The house was appraised at $279,000 two years ago. Two months ago: $140,000. He has been trying to sell it for more than a year and has dropped the price to $129,900."

Why are the appraisers not being investigated for fraud? Realtors, lending institutions, mortgage brokers and inspectors were all in it together.

Anonymous said...

>> Had he done his research and not been so pig-headed, he could have collected over $16,000 in commissions.

There should be a reality show based on the two of you: "PigHead and DumbAss".

Still "working" with a Realtor, eh?

Anonymous said...

"...you whiny fux..."

http://tinyurl.com/62m4um

Anonymous said...

"Seriously, it feels like we are all German citizens back in the 1940's, all writting (sic) secret notes and underground messages to one another..."

Yeah, secret notes on the Internet. We are so oppressed. Get a grip, commie.

wc said...

It just does no good for them to lie. We can bring this economy back much faster if the realtors just come over to our side and help get things right-priced. The only way credit is going to ease is if people can start moving again. It wouldn't hurt if people could afford to buy the homes that are for sale, make their monthly payments, pay their energy bills, their life/auto/home/health insurance, as well afford groceries.

clotpoll said...

Whassamaddah, Keith? Can't stand an opinion other than your own? Do you regularly moderate comments that contain no obscenities and no outrageous lies? Why did you feel the need to delete my original post here?

There are honest Realtors out there, and you can find them pretty easily.

However, it is not in your interest to find them, since the agent-hatred you constantly stoke drives lots of your traffic.