Comments on: A bird after my own heart

By: maxrep

maxrep — Tue, 17 Feb 2009 18:39:43 +0000

The real estate agents should be angry. The whole profession is just smoke and mirrors. Working in the real estate industry for a number of years, and purchasing multiple houses, I found no need for a real estate agent. Having one just caused more problems and delays in getting the deal done. Not to mention the fee you pay is crazy when selling a home. With more empowering tools available to the buyer and seller the need for an agent is becoming history… and I cant wait.

By: Your industry information guide

Your industry information guide — Tue, 17 Feb 2009 05:37:04 +0000

True. This kind of functional information is important for people dealing with real estate agents. But, the concern however is not limited to real estate. Be it IT, media or any other industry, such information is necessary.

By: jersey girl

jersey girl — Mon, 16 Feb 2009 23:07:03 +0000

As a real estate agent in NJ, I’ll be the first to admit that there are agents who are less than diligent. But as far as doling out information in bits and pieces, I guess I don’t understand. Our mls (the one that Millburn/Short Hills, Montclair, etc is in) allows us to send all the information about a property to clients except the address and the owner’s name(s). And realtor.com has most of the listings also. And it’s really in the real estate agent’s interest to send all the listings in a particular category to the client.

If I have a client interested in a particular property, it’s quite easy to look up the past history and tax information on that property. To me, that’s just basic information that my client needs to make a good decision when bidding on a house. If your realtor wasn’t giving you that info, then he/she wasn’t doing their job. I never withhold information from my clients; it’s counter-productive.

As far as the housing bubble is concerned, I got into the business when it was at it’s most frenzied. Believe me, realtors with buyers didn’t like it; but when 6 people want the same house, things get crazy; when 20 people want the same house, it’s insane. I’m not sure you can blame realtors for that. Demand is created by lots of factors; realtor hype is only a small part of it. the banks who approved the mortgages, the desirability of certain towns, the media and the buyers themselves all had a part in it.

Any one can go to my website, and create a search that will bring up all the properties that every realtor has access to. So where’s the problem?

By: jersey girl

jersey girl — Mon, 16 Feb 2009 23:04:08 +0000

As a real estate agent in NJ, I’ll be the first to admit that there are a lot agents who don’t treat their clients well. But as far as doling out information in bits and pieces, I guess I don’t understand. Our mls (the one that Millburn/Short Hills, Montclair, etc is in) allows us to send all the information about a property to clients except the address and the owner’s name(s). And realtor.com has most of the listings also. If I have a client interested in a particular property, it’s quite easy to look up the past history and tax information on that property. To me, that’s just basic information that my client needs to make a good decision when bidding on a house. If your realtor wasn’t giving you that info, then he/she wasn’t doing their job. I never withhold information from my clients; it’s counter-productive.

Any one can go to my website, and create a search that will bring up all the properties that every realtor has access to. So where’s the problem?

By: Qwerty

Qwerty — Mon, 16 Feb 2009 20:56:58 +0000

Hobart Gapp @ 2:00pm:

Would you say this vulture has a “catastrophic market view” or that, like this site, simply documents an actual catastrophic market?

Could he/she be wrong? Such questions are out of date by several years. In February 2009 there is little debate as to the state of the economy and the real estate market among those who don’t have a commission check to chase, or equity to protect.

By: Hobart Gapp

Hobart Gapp — Mon, 16 Feb 2009 19:00:19 +0000

CV- your bullet proof conviction in your catastrophic market view is impressive. It reminds me of the super confident bulls of 2005. Any chance at all that you could be wrong?

I think it was Paul Tudor Jones who said, “The best thing the market does is punish people.”

Try to be a bit more humble so you don’t get punished.

By: chicagofinance

chicagofinance — Mon, 16 Feb 2009 04:15:25 +0000

yikes says:
February 15, 2009 at 10:38 pm
i only asked you because that was one of BC’s most negative posts in awhile … and i needed someone not named bi/frank to respond with ANYTHING to counter it and briefly remove my mind from doom and gloom …

yikes: you just bought a home and it appears that you are doing well….you are nervous, but you should be nervous, as should everyone….that said, if you had the means and the need to buy a home now, it suggests that you are fundamentally unfcuked financially right now……that means that under the scenario that we cascade toward doom, you are better equipped to deal with the unexpected. I take a NYC-centric view on this…..we have a good 20-30 more months of this shite. However, I am talking about people lives, not investments. The time to take a chance is going to be much sooner….

By: yikes

yikes — Mon, 16 Feb 2009 03:57:01 +0000

Frank says:
February 15, 2009 at 10:11 pm

“The remainder, Frank, still haven’t come down from Ableson’s tree.”

Hey, I believe that home prices in NYC area are overpriced by at least 60%+, but so far I don’t see them dropping much. So let’s get the story straight.

you spend too much time mocking other ethnicities and paying attention to the lines at Abercrombie. look at the numbers you dolt

By: yikes

yikes — Mon, 16 Feb 2009 03:38:26 +0000

chicagofinance says:
February 15, 2009 at 9:11 pm

chicagofinance says:
February 15, 2009 at 8:58 pm
yikes says:
February 15, 2009 at 6:50 pm
CHI-FI, care to take a whack at this??

y: remember…put your money where your mouth is…

my mouth is in my pocket. and i take my cues from some of the “pros” here, anyway. win with them, ready to lose with them (although they dont seem to be losing, which im cool with).

i only asked you because that was one of BC’s most negative posts in awhile … and i needed someone not named bi/frank to respond with ANYTHING to counter it and briefly remove my mind from doom and gloom …

By: Rick

Rick — Mon, 16 Feb 2009 03:32:39 +0000

Damn, he’s got embedded videos!

I’m outtie

By: NJGator

NJGator — Mon, 16 Feb 2009 03:25:50 +0000

Here’s another potential Montclair Comp Killer priced below 2004 sale:

GSMLS 2639379 (9 South Brookwood)

LP: 625,000
Tax Assessed: 708,000

Sold 4/30/2004: 650,000

By: chicagofinance

chicagofinance — Mon, 16 Feb 2009 03:18:53 +0000

Cindy says:
February 15, 2009 at 9:52 pm
(98) Why thank you Chicago – But honest, I’m no rocket scientist.
Just thought about it for a while when I didn’t hear back from you. Looked up Simon Johnson to begin with but decided to check on Peterson Institute – they had helped back the I.O.U.S.A movie…That made sense…fiscal conservatives.
Looked up Peter Peterson – there it was – Blackstone Group – 149th on the Forbes 400 Richest Americans in 2008. Somebody has skin in the game.
Just got me to thinking…Simon Johnson said, “So in this transformation, you’re bringing in private equity….The new owners come in and do a lot of restructuring…. You get the picture…

C: you missed your calling; you have the chops and the stones to work on the Street…

By: Frank

Frank — Mon, 16 Feb 2009 03:14:41 +0000

#122,
Nassau County Executive Tom Suozzi is one politician that can think straight, in a recession you cut, cut and cut, not raise taxes to keep a park open.

By: Frank

Frank — Mon, 16 Feb 2009 03:11:43 +0000

“The remainder, Frank, still haven’t come down from Ableson’s tree.”

Hey, I believe that home prices in NYC area are overpriced by at least 60%+, but so far I don’t see them dropping much. So let’s get the story straight.

By: sas

sas — Mon, 16 Feb 2009 02:59:29 +0000

“Nassau budget cuts: A worst-case scenario”
http://tinyurl.com/c7235f

-lay off hundreds of county employees, cut services and shut county facilities to close a predicted $150-million budget gap if county workers do not agree to a permanent 7 percent reduction in their salaries.

-Some 320 employees will be laid off to save $10 million

-layoff of 250 police and 100 corrections officers for a savings of $21.7 million.

-proposed $12 million in social service cuts