Comments for Real Estate of Mind http://real-estate-of-mind.com Provoking Thought Since 1996.. Thu, 24 Jun 2010 22:34:36 +0000 hourly 1 http://wordpress.com/ Comment on Real Estate as Soul Work by Realtors R Us « Real Estate of Mind http://real-estate-of-mind.com/2009/10/29/real-estate-as-soul-work/#comment-95 Realtors R Us « Real Estate of Mind Thu, 24 Jun 2010 22:34:36 +0000 http://tombrezsny.wordpress.com/?p=249#comment-95 [...] Real Estate as Soul Work [...] [...] Real Estate as Soul Work [...]

]]> Comment on My Brain on Real Estate by pn http://real-estate-of-mind.com/2010/06/12/my-brain-on-real-estate/#comment-89 pn Mon, 14 Jun 2010 22:44:18 +0000 http://real-estate-of-mind.com/?p=613#comment-89 the upper and lower ends of the compression zone will act as springs, and they will bounce off each respective end in slow motion...over time, the bouncing will stretch the compression zone back out, wider again...entry level buyers will only bid so high, and upper end homes will only go so low...meanwhile the homes in the middle will drop further together along with high and low end homes...round 2 of the great crash is now beginning...we will all see each other in hell...I have super high credit, live in my home, good income and job, and can't get a refi because the comps are crap...no matter HOW low the rates are... the upper and lower ends of the compression zone will act as springs, and they will bounce off each respective end in slow motion…over time, the bouncing will stretch the compression zone back out, wider again…entry level buyers will only bid so high, and upper end homes will only go so low…meanwhile the homes in the middle will drop further together along with high and low end homes…round 2 of the great crash is now beginning…we will all see each other in hell…I have super high credit, live in my home, good income and job, and can’t get a refi because the comps are crap…no matter HOW low the rates are…

]]> Comment on THE DISTRESS TEST… by Ronnie Trubek http://real-estate-of-mind.com/2010/03/22/the-distress-test/#comment-81 Ronnie Trubek Sun, 28 Mar 2010 19:14:03 +0000 http://real-estate-of-mind.com/?p=551#comment-81 Correction, "our" should be "your" in the second paragraph. Probably makes more sense that way. Correction, “our” should be “your” in the second paragraph. Probably makes more sense that way.

]]> Comment on THE DISTRESS TEST… by Ronnie Trubek http://real-estate-of-mind.com/2010/03/22/the-distress-test/#comment-80 Ronnie Trubek Sun, 28 Mar 2010 19:12:50 +0000 http://real-estate-of-mind.com/?p=551#comment-80 Hi Tom. I too laughed until I snorted and clipped your column to talk about at our weekly sales meeting. Time constraints didn't allow for the discussion and I forgot about it until Friday when, I am very sure, the over-the-hill agent you based your column on, telephoned me. It was only several inquires into the conversation with her demanding to know how my, temporarily off the market, listing compared to your listing, why my Seller was selling, where they were moving, who was the "stronger" in the relationship and digressing into numerous inappropriate inquiries about my clients personal life and decision making processes that I realized that it must be the person you were writing about. You'll be pleased to know her clients have now closed escrow on their home and are very interested in our listing, subject to the Buyer being able to obtain the property at a "good price". I reassured her that my listing was not comparable to yours and that I was certain that it wasn't necessary for her clients to see it. She also wanted to know if she couldn't show it, could she pursue the relist of "my" property. I was so flabbergasted at that I couldn't even think on how to respond but I did know that my clients wouldn't engage with her for 2 minutes if she approached them with that type of aggressive, invasive and demeaning style of questioning. I wish you luck with her, should I hope on your behalf that she doesn't bring an offer ? Ronnie T. Hi Tom.

I too laughed until I snorted and clipped your column to talk about at our weekly sales meeting. Time constraints didn’t allow for the discussion and I forgot about it until Friday when, I am very sure, the over-the-hill agent you based your column on, telephoned me. It was only several inquires into the conversation with her demanding to know how my, temporarily off the market, listing compared to your listing, why my Seller was selling, where they were moving, who was the “stronger” in the relationship and digressing into numerous inappropriate inquiries about my clients personal life and decision making processes that I realized that it must be the person you were writing about.

You’ll be pleased to know her clients have now closed escrow on their home and are very interested in our listing, subject to the Buyer being able to obtain the property at a “good price”. I reassured her that my listing was not comparable to yours and that I was certain that it wasn’t necessary for her clients to see it.

She also wanted to know if she couldn’t show it, could she pursue the relist of “my” property. I was so flabbergasted at that I couldn’t even think on how to respond but I did know that my clients wouldn’t engage with her for 2 minutes if she approached them with that type of aggressive, invasive and demeaning style of questioning.

I wish you luck with her, should I hope on your behalf that she doesn’t bring an offer ?

Ronnie T.

]]> Comment on THE DISTRESS TEST… by alice tarail http://real-estate-of-mind.com/2010/03/22/the-distress-test/#comment-79 alice tarail Sat, 27 Mar 2010 15:00:49 +0000 http://real-estate-of-mind.com/?p=551#comment-79 Happy Saturday morning, Tom I am hoping to be one of the 1st 7 email to obtain your refrigerator magnifying glass, as I am told and can't tell the forest from the trees any more. Especially not that it is spring and the crazy blossoms are spouting everywhere. The flowers still look like flowers, but they are so dazzling that one can't see thru them to the "solid" tree behind. I am a buyers agent, for the most part, and let me say that agents with listings with multiple offers are only seeing the blossoms. (translate that $$$$$$$), and not the forest of all the other factors. My Saturday a.m. wouldn't be the same without you, so thank you for your humor and style. Alice Happy Saturday morning, Tom

I am hoping to be one of the 1st 7 email to obtain your refrigerator magnifying glass, as I am told and can’t tell the forest from the trees any more. Especially not that it is spring and the crazy blossoms are spouting everywhere. The flowers still look like flowers, but they are so dazzling that one can’t see thru them to the “solid” tree behind.

I am a buyers agent, for the most part, and let me say that agents with listings with multiple offers are only seeing the blossoms. (translate that $$$$$$$), and not the forest of all the other factors.

My Saturday a.m. wouldn’t be the same without you, so thank you for your humor and style.

Alice

]]> Comment on THE DISTRESS TEST… by Brenda Mann http://real-estate-of-mind.com/2010/03/22/the-distress-test/#comment-78 Brenda Mann Tue, 23 Mar 2010 22:30:48 +0000 http://real-estate-of-mind.com/?p=551#comment-78 Tom - You are my guru when it comes to calling a spade a spade in the real estate world. I look forward to your article every Sat. morning and love the humor, and the screeching truth of it all. Last Saturday's article was sadly more truth than I wanted to see considering I've been a seller in this wacky market since Nov. 2009. My house - 224alta.com - is in the lower westside, perhaps you came through it? Its been on for 4 months now, 2 insulting low ball offers that we refused, (the offers wouldn't cover the re-build costs if it burned down tomorrow), had countless open houses and 2 price reductions. We are not a short sale ... nor will be one, we're just 2 well meaning people selling a great house with a ADU 2blks from W.Cliff in a crappy/insane market. Way back when, we thought the lower westside was golden, flaming hot and our house/property would always be our " cash cow" through any market. Not so. I really "got" your last article, with that over the hill agent trying to pre-negotiate a property she or her clients had never seen! ( what the?) What I'm seeing most clearly now ... no matter what your listing price is .... its not low enough, we've seen it and live it in the past 4 months. We've reduced for our last time ... and our house is now a steal ( I hear you mumbling - spoken like a true seller/owner) My conclusion - buyers now fall into to 2 catagories - #1 - buyers are buzzards( I used to call them vultures - "buzzards" seems more fitting) #2 - the buyers are STUPID! Do they not realize what they can buy in the million + dollar neighborhood now?? ( yes mine included) .... but the price isn't low enough or good enough .... Grrrr! OK ... I feel better now. I plan on becoming a real estate agent sometime this year, I've wanted to do this for a few years now. Have my Allied book/course and I'm now just waiting to sell, move and start studying. My brother in law is indeed Dave Mann. Looking forward to your articles always .... thanks for writing them! Brenda Mann Tom –
You are my guru when it comes to calling a spade a spade in the real estate world. I look forward to your article every Sat. morning and love the humor, and the screeching truth of it all. Last Saturday’s article was sadly more truth than I wanted to see considering I’ve been a seller in this wacky market since Nov. 2009.
My house – 224alta.com – is in the lower westside, perhaps you came through it? Its been on for 4 months now, 2 insulting low ball offers that we refused, (the offers wouldn’t cover the re-build costs if it burned down tomorrow), had countless open houses and 2 price reductions. We are not a short sale … nor will be one, we’re just 2 well meaning people selling a great house with a ADU 2blks from W.Cliff in a crappy/insane market.

Way back when, we thought the lower westside was golden, flaming hot and our house/property would always be our ” cash cow” through any market. Not so.
I really “got” your last article, with that over the hill agent trying to pre-negotiate a property she or her clients had never seen! ( what the?)

What I’m seeing most clearly now … no matter what your listing price is …. its not low enough, we’ve seen it and live it in the past 4 months. We’ve reduced for our last time … and our house is now a steal ( I hear you mumbling – spoken like a true seller/owner)
My conclusion – buyers now fall into to 2 catagories – #1 – buyers are buzzards( I used to call them vultures – “buzzards” seems more fitting)
#2 – the buyers are STUPID! Do they not realize what they can buy in the million + dollar neighborhood now?? ( yes mine included) …. but the price isn’t low enough or good enough …. Grrrr!
OK … I feel better now. I plan on becoming a real estate agent sometime this year, I’ve wanted to do this for a few years now. Have my Allied book/course and I’m now just waiting to sell, move and start studying. My brother in law is indeed Dave Mann.
Looking forward to your articles always …. thanks for writing them!
Brenda Mann

]]> Comment on THE ESCROW GLOVE! by Anina http://real-estate-of-mind.com/2009/11/05/the-escrow-glove/#comment-21 Anina Fri, 06 Nov 2009 03:50:19 +0000 http://real-estate-of-mind.com/?p=374#comment-21 Hi Tom, These are very funny.... I love your sense of humor...escrow glove, chicken spanking... what will you think of next? Hi Tom,
These are very funny…. I love your sense of humor…escrow glove, chicken spanking… what will you think of next?

]]> Comment on Surreal Estate of Mind: Conspiracy or Confederacy of Dunces? by tombrezsny http://real-estate-of-mind.com/2009/10/26/surreal-estate-of-mind-conspiracy-or-confederacy-of-dunces/#comment-12 tombrezsny Tue, 27 Oct 2009 01:30:55 +0000 http://tombrezsny.wordpress.com/?p=235#comment-12 I think it is part of the way the spin meistering works...it keeps us guessing and always second-quessing the truths that our guts are telling us from inside. There was the pre-bubble world - where things were ramping up towards unfettered greed and profit taking. There was the bubble world - where no one wanted to mess with the sacred cash cow. Then, last fall, a year ago - it became paramount that the Feds find a way to stave off total collapse as the dominos started to fall. That has been their agenda ever since, to convince us all that we are no longer, so much on the brink. That everyday, things are getting better - even if they aren't. They concentrated all the propped up banking power into the hands of 4 huge mega-banks doing the vast majority of mortgages, with the government as the guaranteed purchasers of those loans. What they haven't done, beyond the orchestrated smoke and mirror show of selling us on a recovery that isn't recovering, is make any fundamental changes or reforms in the system. Instead we get things like HVCC, appraisal management companies, tax credits for first time buyers - all window-dressing that in many ways makes things worse on the practical level of day to day real estate. New and unimproved as Rose Marie McNair says... And meanwhile, smart people step back, from the onslaught of hype and think...wait a minute...the pieces of this jigsaw puzzle are quite fitting together. There are some huge gaps. Thanks for your site...I am logging on to read your posts. I think it is part of the way the spin meistering works…it keeps us guessing and always second-quessing the truths that our guts are telling us from inside. There was the pre-bubble world – where things were ramping up towards unfettered greed and profit taking. There was the bubble world – where no one wanted to mess with the sacred cash cow. Then, last fall, a year ago – it became paramount that the Feds find a way to stave off total collapse as the dominos started to fall. That has been their agenda ever since, to convince us all that we are no longer, so much on the brink. That everyday, things are getting better – even if they aren’t. They concentrated all the propped up banking power into the hands of 4 huge mega-banks doing the vast majority of mortgages, with the government as the guaranteed purchasers of those loans. What they haven’t done, beyond the orchestrated smoke and mirror show of selling us on a recovery that isn’t recovering, is make any fundamental changes or reforms in the system. Instead we get things like HVCC, appraisal management companies, tax credits for first time buyers – all window-dressing that in many ways makes things worse on the practical level of day to day real estate. New and unimproved as Rose Marie McNair says… And meanwhile, smart people step back, from the onslaught of hype and think…wait a minute…the pieces of this jigsaw puzzle are quite fitting together. There are some huge gaps. Thanks for your site…I am logging on to read your posts.

]]> Comment on Surreal Estate of Mind: Conspiracy or Confederacy of Dunces? by Marlene Henderson http://real-estate-of-mind.com/2009/10/26/surreal-estate-of-mind-conspiracy-or-confederacy-of-dunces/#comment-11 Marlene Henderson Tue, 27 Oct 2009 00:59:19 +0000 http://tombrezsny.wordpress.com/?p=235#comment-11 Tom- I couldn't have said it better my self. I have been reading so much about all the machinacions of what has caused this and my summation is rather sinister. Several valuable articles that you can find on my blog if you care too. Thanks for the good read and the reality of the goings on. I am always questioning my interpretations, it's nice to read them from others well experienced in our business! http://tinyurl.com/lhzopz Tom-
I couldn’t have said it better my self. I have been reading so much about all the machinacions of what has caused this and my summation is rather sinister. Several valuable articles that you can find on my blog if you care too. Thanks for the good read and the reality of the goings on. I am always questioning my interpretations, it’s nice to read them from others well experienced in our business!

http://tinyurl.com/lhzopz

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