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Unrealistic Sellers Face MLS De-Listing


By HARM   Follow   Thu, 9 Nov 2006, 4:36am PST   6,062 views   255 comments   Watch (0)   Share   Quote   Permalink   Like   Dislike  

NAR gatekeeper

This anecdote was posted over at Ben's, and struck a chord. As high as inventory has already gotten in most places, I have to wonder if it would not be even higher if Realtors™ weren't playing "gatekeeper" and flushing most of the unrealistic wishing price wanna-be sellers out of the MLSs.

Comment by EquityRefugee
2006-11-09 07:12:47
Our carpenter’s realtor-wife had 31 listings at the end of August. My husband asked ‘how’s it going’ and he replied that she told ALL of them that if they were not willing to lower their price she could no longer continue to list as the marketing/advertising costs were not going to bring in a sale. She now has 5 listings. Guess the rest will wait until spring to get their “price.”

~84% de-listing rate. Wow! Can't really blame her though. Who wants negative cash-flow on a non-performing listing? That would be as stupid as holding onto a negative cash-flow non-performing asset. :roll:

Has anyone else observed this phenomenon? Please share any stories or data. Discuss, enjoy...
HARM

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skibum   befriend   ignore   Fri, 10 Nov 2006, 10:06am PST   Share   Quote   Like   Dislike     Comment 216

I agree, but if you were b/r (born raised) in Santa Cruz, went to school at Cal Poly and live in $anta barbara, exactly where else are you going to live? You have no choice but to don the knee pads and take it like a man.

Take it, man! California uber alles!

surfer-x   befriend   ignore   Fri, 10 Nov 2006, 10:07am PST   Share   Quote   Like   Dislike     Comment 217

Frozen fucking water all around your house for what, 3-4 months? What exactly is the pay off for that? The fucking carpet baggers will go back or die off, and then HARM, yes we'll have our comeupance.

DinOR   befriend   ignore   Fri, 10 Nov 2006, 10:07am PST   Share   Quote   Like   Dislike     Comment 218

HARM,

Yes I sense your anger too. Truth is, Northern Cal could be incorporated into Oregon (or vice versa) and never miss a stride! There are now enough CA's here that they really no longer "stand out". Now if you're from Chicago.....? Chances are you'll wind up like me and from a business/social standpoint gravitate toward other mid-westerners.

skibum   befriend   ignore   Fri, 10 Nov 2006, 10:09am PST   Share   Quote   Like   Dislike     Comment 219

Is that an outdoorsy term or something?

I don’t like being outdoors. I went camping once in my life having moved out here. It was very disturbing. I couldn’t wait to get back to concrete and steel.

Man, no wonder you pine for NYC! You do realize that by living here you're in part paying a premium for the "California Lifestyle" that you don't take advantage of, do you? It's like wanting to live in Cupertino without having any school-age children. Why the f%^k would anyone want to do that?

surfer-x   befriend   ignore   Fri, 10 Nov 2006, 10:09am PST   Share   Quote   Like   Dislike     Comment 220

You see, when the animal skin clad jackasses crossed from Russia into Alaska all those years ago, the stupid ones turned left, while the smarter ones went south until the bear skins came off.

Never violate precept one.

"Don't live anywhere that if you spend the night outside, in the middle of winter, you'll die"

surfer-x   befriend   ignore   Fri, 10 Nov 2006, 10:09am PST   Share   Quote   Like   Dislike     Comment 221

whoops forgot the salient point, "outside naked".

Yes, you'll be a shivering mass of unhappiness but you'll be alive, that is if you live in $anta Barbara.

astrid   befriend   ignore   Fri, 10 Nov 2006, 10:11am PST   Share   Quote   Like   Dislike     Comment 222

DinOR,

Do as Sir-X says, give in to your anger and physical violence, liver damage and teeth be damned!

skibum   befriend   ignore   Fri, 10 Nov 2006, 10:12am PST   Share   Quote   Like   Dislike     Comment 223

Ever gotten shacked on a 7ft WNW left hand point break in NY? London? Talk to me when the sun comes out. Ever punched trough a 8ft wave at Davenport and had sunlight filter through the most beautiful aqua water you’ve ever seen only to come up on the other side and see otters, dolphins and whales?

Surfing is something to kill time while I wait for the ski season. ;)

DinOR   befriend   ignore   Fri, 10 Nov 2006, 10:12am PST   Share   Quote   Like   Dislike     Comment 224

Surfer X,

That might well be true. I'm told that permanent settlement in the Willamette Valley didn't occur until white settlers reached the area. For many years native peoples only came here to hunt, trap and trade in the summer months and high tailed it out of here when the first frost came.

e   befriend   ignore   Fri, 10 Nov 2006, 10:12am PST   Share   Quote   Like   Dislike     Comment 225

Man, no wonder you pine for NYC! You do realize that by living here you’re in part paying a premium for the “California Lifestyle” that you don’t take advantage of, do you? It’s like wanting to live in Cupertino without having any school-age children. Why the f%^k would anyone want to do that?

Well I guess if you worked at Apple and wanted to walk to work you might want to do that. Or if you like really really really really liked Fontana's - pretty good place.

surfer-x   befriend   ignore   Fri, 10 Nov 2006, 10:14am PST   Share   Quote   Like   Dislike     Comment 226

Apple, I'm sorry, is that an actual company?

astrid   befriend   ignore   Fri, 10 Nov 2006, 10:14am PST   Share   Quote   Like   Dislike     Comment 227

Sir-X,

Following that logic, the bums in Santa Monica are some of the smartest people alive.

surfer-x   befriend   ignore   Fri, 10 Nov 2006, 10:15am PST   Share   Quote   Like   Dislike     Comment 228

Exactly, and they have their own look.

I recommend listening to Everclear, "Santa Monica".

surfer-x   befriend   ignore   Fri, 10 Nov 2006, 10:16am PST   Share   Quote   Like   Dislike     Comment 229

Which would you rather do, listen to the Chili Peppers, surf, have a Pacifico a taco and wear shorts, or scrape ice from your windshield, eat butter and watch 120 channels with nothing on?

DinOR   befriend   ignore   Fri, 10 Nov 2006, 10:17am PST   Share   Quote   Like   Dislike     Comment 230

astrid,

I've seen the end of the line w/ESQ (Extra Smooth Quality) Rhum and it ain't pretty. Perhaps skibum could shed some physiological light on this but when it's 90+ degrees out beer does not settle well. The minute you leave an a/c bar you feel like you'll faint.

Rum seems to "travel" better in the heat and it's not long before you can drink it at ambient temp. = recipe for disaster.

surfer-x   befriend   ignore   Fri, 10 Nov 2006, 10:17am PST   Share   Quote   Like   Dislike     Comment 231

Peter P. no offense on the butter comment.

astrid   befriend   ignore   Fri, 10 Nov 2006, 10:18am PST   Share   Quote   Like   Dislike     Comment 232

"Apple, I’m sorry, is that an actual company?"

Beats me, my Chinese assembled (probably with Japanese or Taiwanese chips) iPod says "Designed by Apple in California"... I'm pretty sure I sold my soul to Uncle Jobs...or would have if my soul hadn't already been shorted

DinOR   befriend   ignore   Fri, 10 Nov 2006, 10:19am PST   Share   Quote   Like   Dislike     Comment 233

Surfer X,

So be honest, b/c of the fact that it's like a "salt water lake" there really is no decent surfing in the Sea of Cortez?

surfer-x   befriend   ignore   Fri, 10 Nov 2006, 10:19am PST   Share   Quote   Like   Dislike     Comment 234

Randy H, SQT, LILL, Cote' etal, it seems that HARM has lost the faith, I believe we need to stage an intervention. Arm yourselves with quacamole, burritos and bikini girls, we have work to do.

surfer-x   befriend   ignore   Fri, 10 Nov 2006, 10:20am PST   Share   Quote   Like   Dislike     Comment 235

DinOR, kindly point your browser to "shipwrecks" and "zippers".

Yes, there is good surf in the Sea of Cortez, aka the Gulf of California.

astrid   befriend   ignore   Fri, 10 Nov 2006, 10:20am PST   Share   Quote   Like   Dislike     Comment 236

I listen to a lot of Norwegian pop music and I strongly dislike both Everclear and the Red Hot Chile Peppers (come to think of it, I like zero Southern California bands, which is an accomplishment since I went to school there for 4 years), so I'm just gonna have to polish up on my scraping skillz...

skibum   befriend   ignore   Fri, 10 Nov 2006, 10:20am PST   Share   Quote   Like   Dislike     Comment 237

Well I guess if you worked at Apple and wanted to walk to work you might want to do that. Or if you like really really really really liked Fontana’s - pretty good place.

Yeah, that would be a sweet daily commute - a nice stroll down DeAnza Blvd, stopping at the Marina for some dried cuttlefish on your way to work. What was I thinking?

surfer-x   befriend   ignore   Fri, 10 Nov 2006, 10:21am PST   Share   Quote   Like   Dislike     Comment 238

astrid, may the fleas of a 1000 camels infest your boom box ;)

skibum   befriend   ignore   Fri, 10 Nov 2006, 10:24am PST   Share   Quote   Like   Dislike     Comment 239

Which would you rather do, listen to the Chili Peppers, surf, have a Pacifico a taco and wear shorts, or scrape ice from your windshield, eat butter and watch 120 channels with nothing on?

If you're talkin' apres ski vs. apres surf, I'd rather be sitting in a hot tub under the stars than fighting traffic back from Santa Cruz or HMB.

astrid   befriend   ignore   Fri, 10 Nov 2006, 10:25am PST   Share   Quote   Like   Dislike     Comment 240

surfer-X, funny enough, my Honda locked me out of my car stereo for about a month after I got a new battery, I just got my stereo back this Wednesday.

skibum, do you mean dried cuttlefish the snack food or unprocessed dried cuttlefish?

DinOR   befriend   ignore   Fri, 10 Nov 2006, 10:26am PST   Share   Quote   Like   Dislike     Comment 241

astrid,

You got to go back to where it all started and then work your forward.

Dick Dale: King of the Surf Guitar!

It's like "flamenco guitar meets electricity". Powerful stuff. He's the guy that does the intro to Pulp Fiction.

astrid   befriend   ignore   Fri, 10 Nov 2006, 10:30am PST   Share   Quote   Like   Dislike     Comment 242

Sorry, working my way through Eurotrash techno right now...

DinOR   befriend   ignore   Fri, 10 Nov 2006, 10:37am PST   Share   Quote   Like   Dislike     Comment 243

astrid,

Don't worry so much. I didn't really learn about Dick Dale until AFTER Pulp Fiction was released. So..... mid-90's? It really revived his career and he's been "on tour" all these years. That got me to discover the Surfari's, the Ventures and many others.

Little known fact. The Ventures are (and not the Beatles for crissakes) the ALL TIME leader in album sales due in large part to the God-like status in Japan. They still play to packed houses on both sides of the Pacific to this day. Can there be any doubt that there was something enduring about the SoCal "surf sound"? (The Ventures were actually from Seattle but...)

astrid   befriend   ignore   Fri, 10 Nov 2006, 10:40am PST   Share   Quote   Like   Dislike     Comment 244

I'm listening to Pet Sounds right now, does that count as surf music for you guys?

DinOR   befriend   ignore   Fri, 10 Nov 2006, 10:41am PST   Share   Quote   Like   Dislike     Comment 245

Oh, btw the Ventures out sold the Beatles without uttering one single word (strictly instrumental band)

astrid   befriend   ignore   Fri, 10 Nov 2006, 10:42am PST   Share   Quote   Like   Dislike     Comment 246

GC,

I'm an oddball, fame repels me while obscurity intrigues me. I don't understand the appeal of hair bands though...didn't they all sent up already by Spinal Tap?

Maybe I should listen to Panic next...

astrid   befriend   ignore   Fri, 10 Nov 2006, 10:47am PST   Share   Quote   Like   Dislike     Comment 247

Actually, I think I'll listen to Boards of Canada's Trans Canadian Highway next, that's very fitting bed sit music while blogging about climate zones and weather.

DinOR   befriend   ignore   Fri, 10 Nov 2006, 10:48am PST   Share   Quote   Like   Dislike     Comment 248

astrid,

The judges say.........? Yes!

Dick Dale loves to tell the story about when they started in Balboa Park he used to flip them 50 bucks to warm up for him!

(I 'think' the BB out sold Dick Dale)

To me though it's hardly just about mainstream acceptance and commercial success, it's about leaving a lasting legacy.

The story of DD and Leo Fender (Fender Musical Instruments) is like debating the "chicken or the egg".

astrid   befriend   ignore   Fri, 10 Nov 2006, 10:52am PST   Share   Quote   Like   Dislike     Comment 249

DinOR,

I'll keep that in mind when I'm in a warmer climate. Right now, it's Eurotrash techno (blah, IDM, if you will) with bits of postpunk mixed in.

astrid   befriend   ignore   Fri, 10 Nov 2006, 10:56am PST   Share   Quote   Like   Dislike     Comment 250

darn,

It's almost nappy time, and I've only had one drink.

astrid   befriend   ignore   Fri, 10 Nov 2006, 11:05am PST   Share   Quote   Like   Dislike     Comment 251

I was too old to go clubbing when I was 21...cigarette smoke makes me sick for a week afterwards.

DinOR   befriend   ignore   Fri, 10 Nov 2006, 11:07am PST   Share   Quote   Like   Dislike     Comment 252

astrid,

No worries. Contrary to it's "pop" image Surf Guitar finds it's roots in Flamenco and is actually quite dark, mystical and definitely ( I'm reluctant to even say) of paegan influences. The very word "staccato" wasn't fully defined until the introduction of surf guitar several centuries after it's introduction.

Randy H   befriend   ignore   Fri, 10 Nov 2006, 12:44pm PST   Share   Quote   Like   Dislike     Comment 253

TN (from quite a ways back),

I wonder if the HB’s coordinate their buybacks.

If they do so explicitly, it would be collusion and expressly illegal.

However, if they all send their CFOs and financial management to the same East Coast B-Schools, where they all read the same Dixit textbook on game theory, then they all know how to behave when one starts buying back.

astrid   befriend   ignore   Fri, 10 Nov 2006, 1:13pm PST   Share   Quote   Like   Dislike     Comment 254

DinOR,

Intriguing. Maybe I should pick up a CD or two, at least on an obscure Flamenco band (still having trouble buying anything more popular than the Beatles...)

Randy,

Good point. I do wonder though, wouldn't the lack of diversity amongst the CFO population eventually lead to them committing the same mistake and going (metaphorically) extinct at the same time? Also, would two years of biz really be enough to permanently subsume human nature?

Sylvie   befriend   ignore   Sun, 12 Nov 2006, 2:23am PST   Share   Quote   Like   Dislike     Comment 255

For as much as I used to bitch about the negatives (california) after a year and a hellish muggy summer down here I may return. One of things I did run into was a distrusting attitude from the locals here. Maybe it has something to do with the fact that I still have my california plates on my vehicle. There is little to do culturally almost no amenities aside from Charleston. It is a tad too slow and behind the times for a metropolitan like myself. This is my second foray in twenty in the south it is not a right fit for me affordability withstanding.

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