Price Push — or Shove? I always feel likeSomebody’s watching meAnd I have no privacyI always feel likeSomebody’s watching meTell me is it just a dream –Michael Jackson; lyrics, “Somebody’s Watching Me” Got the feeling that someone’s watching you? If your home’s on MLS, it may not be your imagination. That’s because prospective home Buyers...Read More
“Pick Your (Housing) Partner” Swing your partner “round and “round,And turn your corner upside down.And turn your corner like swingin’ on a gate,And meet your partner fora grand chain eight,And hurry up boys and don’t be late. –Square dancing lyrics What does the upcoming Fall housing market have to do with square dancing? It’s when...Read More
“Funny, I Didn’t See Him at the Meeting” Politico’s know that a Congressman who never actually delivered a speech in the Senate or House chambers can nevertheless have their remarks “written into the record,” or transcript, of that body’s deliberations. Real estate has something similar. After each local real estate office holds its weekly Tuesday...Read More
“Now You See it . . . Now You Don’t” In a post last month, I posed the question, “Did the Seller Leave Money on the Table? Four Ways to Tell.”That post came to mind as I scanned the particulars of 2900 Chowen Ave. South, which came on MLS this afternoon — I’m not kidding...Read More
“Ten Showings, $10,000” I hated discussing ideas with investors. Because I then become a Defender of the Idea, and that influences your thought process. Once you became an idea’s defender you had a hard time changing your mind about it.” –Author Michael Lewis, quoting investor and fund manager Michael Burry in The Big Short (p....Read More
Real Estate’s “Heisenberg Uncertainty Principle” The observer influences the thing observed. –Heisenberg uncertainty principle It seems self-explanatory, but as a principle, I don’t price other Realtors’ listings. The issue usually comes up when I do a listing presentation — essentially, a job interview for Realtors. In the course of interviewing Realtors, homeowners (and prospective Sellers)...Read More
