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real estate

Housing Market Culture Clash: “Greatest Generation” vs. Millennials

“Why Should I Help Pay the Buyer’s Closing Costs??” To the “Greatest Generation,” Millennials (roughly ages 18 to 30) can seem spoiled and irresponsible. To Millennials, the “Greatest Generation” — those who were alive during World War II — can appear stubborn and unreasonable. How does that generation gap play out in residential real estate deals?...
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James Earl Jones on How to Last In Real Estate

“I Still Consider Myself a Novice” OK, so Jones’ advice was actually about acting, not real estate. But, substitute “journeyman Realtor” for “journeyman actor” and “deal” for “thing” (Jones’ term for “acting gig”), and I think he strikes just the right tone: “The secret [to longevity] is never forgetting that you’re a journeyman actor and...
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Vanguard’s John Bogle on Fiduciary Duty

“Put the Interests of the Client First. No Excuses. Period.” In a world where individual investors have few friends (sadly), Vanguard founder John Bogle — now 83 years old – is a true champion. What does he propose doing now to fix the stagnant economy and (still) battered financial system? Bogle advocates taxes to discourage...
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Political — and Real Estate — Incumbents

Politics isn’t the only field that has incumbents and challengers. Real estate does, too. The “incumbent Realtor” is the Realtor who helped the now-selling homeowner buy the home, however many years back; the challengers are all the other Realtors vying for the listing. Average Realtor “Career”:  < 2 Years I’d guesstimate that something like one-third of...
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Social Work Wisdom & Real Estate

Keeping Negotiations Positive “I’m not mad at you, I’m mad at your behavior.” Anyone who’s ever been a social worker — or the offspring of one (me) — can relate to the above (although when you hear it at age 7, it does seem a tad bit, shall we say, “conceptual”). Still, the comment can...
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