patrick.net

Hey JoJo

While Reid know's you're on the internet, he said you're a fucking idiot and too stupid to even have the wherewital to even haplessly land on the ACA website, even with the Obamagator army they sent out to recondition your Stupidity condition, that they assumed originally afflicted you.

Reid on need for ObamaCare extension: People 'not educated' about Internet

It just keeps getting worse for you young fucks my friend.
Time for some new Leadership Kid.

Homeboy says

Hmmm....still trying to understand this. My question was, if you turn off all the busses, would you cut power to the transponders, rendering them inoperative?

Who is wantonly turning off "all the busses"? This is what I don't understand. I wouldn't take anything that guy says at face value, period. The 45,000 feet to depressurize thing remains pointless, and there have already been reports that that 45,000 feet number might be wrong.

Homeboy says

I think I get what you're saying here, but isn't the recommended procedure to shut off ALL the busses, then restore them one by one?

I'm not sure where you're getting that. If you have an idea of where the fire is, it makes much more sense to start there, and I suspect that's what the checklists say.

Homeboy says

It doesn't read as a well-researched report, but rather as a pilot just spitballing ideas about what might have happened, which I think is what he was doing. Still, it makes more sense to me than some of the convoluted theories about terrorism or pilot suicide.

Agree. He makes enough factual errors to make it seem badly researched, but it always seemed more plausible than some of the other stuff.

If you read aviation forums now, you see strange theories about how someone his now dumping trash off the coast of Australia to throw off the investigators on the real landing spot in Pakistan. It's all nonsense.

WOW! The UNtrustworthy are certainly in control of what information is apparent to the people!

Say hey! This was in the Wall Street Journal on March 30, 1999. Note "... how much it will buy."

Holy cow/interesting/compelling ...!

And where is it up to date??? Right here ... see the first chart shown in this thread.
Recent Dow day is Wednesday, March 26, 2014 __ Level is 103.6

WOW! It is hideous that this is hidden! Is there any such "Homes, Inflation Adjusted"? Yes! This was in the New York Times on August 27, 2006:

And up to date (by me) is here:
http://patrick.net/?p=1219038&c=999083#comment-999083

WOW! The UNtrustworthy are certainly in control of what information is apparent to the people!

And http://patrick.net/?p=1230886

lostand confused says

unlike Hillary who would have been a lawyer in Arkansas without Bill

Last I checked, she went to Yale Law School, worked as a lawyer for a non-profit or two in Massachusetts, worked as legal counsel to the Judiciary Committee on Watergate, and only then moved to Arkansas to follow Bill.

And then she basically become one of the best lawyers in Arkansas and one of the most influential in the nation. I'm pretty sure she would have done reasonably well in Washington on her own, had she not moved to Arkansas to be with Bill.

Seems like you're selectively being sexist here, praising the trailer trash and forgetting that Hillary Clinton was pretty damn successful on her own accord, and none of it had to do with being a fame-whore saying nonsensical 10-word phrases for the drooling masses.

Yes, a seller can pay a flat fee to get into the MLS, and then use an attorney or title company to manage the contract and closing.

At best, this will lower the commission from 6% to 3-4%. The issue is not that sellers don't need realtors, rather that the overwhelming number of serious buyers believe the buyer needs an agent to walk them through what they consider a complicated and adversarial process.

If the seller does not put in the write-up "3% to Buyer's Agent" or similar wording, the seller will see little other than lookie-loos and the unqualified wishers walking through.

I have bought and sold 8 houses. I bought 2 without using a realtor (caught them before they listed, during the 1990s) but buyers like me are rare. I did manage to sell one without using a realtor in 1996, but three others I tried to sell in 2004 sat despite my all out efforts with newspaper ads, signs, housing referrals, and even offering 3% to agents who brought a buyer. Yet each of the 3 houses had a contract within hours after I finally listed them, even though I raised the price. Since 2004 was during the bubble, I was able to get an agent to list for 4%. Still, all she had to do was type in the details and wait, and collect her 1% while the buyer's agent did all the work and got the 3%.

Just too many serious buyers want to use real estate agents. Until that mentality changes, realtors are here to stay. Since the buyers want the realtor to be 'free," sellers will be paying the commission at closing. If the idea of flat fee MLS listing catches on, at least we can see the 6% drop to the 3% paid to the buyer's agent.

APOCALYPSEFUCKisShostikovitch says

hrhjuliet says

DIY Sellers - Make sure to put in the write up that there are cash incentives for NOT working with a realtor. Two can play at the sabotage game.

And bounties for throwing REALTORs from bridges?

I read "ditching realtors" as dumping them in culverts.

Perhaps you have a closer exegesis of the title, informed by your long praxis and analysis of the hermeneutics of realtor liquidation.

Why do the sellers have to use MLS. Hey technical patrick.net people, create a new listing service. Charge a small fee to list and make it mega user friendly. Lawyers and paralegals could advertise their services the way real estate agents do. @patrick should do it. We would all help, right?

Offer a buyer agent a 4% commission and your house will be at the top of the Realtor's list to show his "buyer."

I could create a very sad list of companies that are evil, and I mean evil; dictionary definition style.

hrhjuliet says

Why do the sellers have to use MLS. Hey technical patrick.net people, create a new listing service. Charge a small fee to list and make it mega user friendly. Lawyers and paralegals could advertise their services the way real estate agents do. @patrick should do it. We would all help, right?

I have had some thoughts about doing this.....

I knocked on this door, when I was house shopping. I had to then go dig up a retired Realtor that I knew from my flooring days to do the paper work.

I did all the work, after the close he called me up trying to chisel 1.5% out of me, because the selling agent agreed to the sale with the provisions that he and the buyers agent would split 3%.

And to be honest, neither of those knucleheads were needed. I hired a RE attorney to do the title.

CaptainShuddup says

And to be honest, neither of those knucleheads were needed. I hired a RE attorney to do the title.

You would have needed an attorney or title company to "do the title" whether you had an real estate agent or not.

I look through my cousin's MLS listings, simply because I can. Here is a source that makes it ridiculously easy: Owners Realty, Inc. They are listed on redfin, etc. Just like any other listing, but they are a realty group for owners. Okay, so now why would you use a realtor? Glad my cousin doesn't read Patrick.net, she would be so angry with me, but the truth is her job is almost pointless.

These kind of stunts are what prolong the scandal.

Well you know its weird when the media covers a bridge blocking fairytale for 2 months, and then covers the invasion of a sovereign country for 2 weeks.

I'm married to the best man on earth and he never does anything but support my crazy ideas, so the last part, no, not personally. ;-)

My university just hosted the His Holiness the Dali lama. The Dali lama spoke about the ways we could bring ethics back to business, and the duty of each individual to boycott businesses that deal in slavery, child servitude and environmental pollution. It was a wonderful talk. Maybe someone recorded it? I think you would really enjoy his positive outlook and his many solutions to help cure the business world.

I will find out if it was recorded and post the link.

hrhjuliet says

Why do the sellers have to use MLS. Hey technical patrick.net people, create a new listing service. Charge a small fee to list and make it mega user friendly. Lawyers and paralegals could advertise their services the way real estate agents do. patrick should do it. We would all help, right?

there are many fsbo sites already, but realtors use fear, uncertainty, and doubt to get sellers to use them. classic fear line: "the biggest financial decision you'll ever make..."

sellers also figure that they can perhaps also benefit from the dishonesty of realtor games.

a big problem with fsbo sites: they generally don't share listings with each other, so the total number of properties on them is small. they are all afraid of being made irrelevant by sharing, and so they make themselves irrelevant by not sharing. ironic.

but if could find some compelling alternative system that i thought most sellers would use, i'd definite work on it.

The ones who make a sound like flushing toilet and ask for more.

Gees, what finishing school did you go to?

Not enough choices. :)

Sad, but true. :-(

I do believe moral businesses will find our way back into our world, we just have to help foster them, and boycott the wrong doers.

The nice thing about Owners Realty, Inc, is you can utilize Zillow and all the rest. Your listing will be treated just the same as the realtors.

Too many involved. Someone will take a plea bargain.

FSBO is the only way.

There is absolutely no need to pay someone 6% to provide a form you can download yourself or buy at an office supply. If there's a question, see a RE attorney. Always go through a title company (required if there's a loan involved).

The interwebs are awesome for marketing. Before that, there was the newspaper.

there are many fsbo sites already, but realtors use fear, uncertainty, and doubt to get sellers to use them. classic fear line: "the biggest financial decision you'll ever make..."

It is not a case of "fear" etc that prevents people from using FSBO sites, rather that the FSBO sites solve the wrong problem. We do not need a site that sellers want to use, we need a site that BUYERS want to use.

Unfortunately, too few serious buyers use FSBO sites. But using a FSBO site will attract lookie loos, unrealistic bargain hunters, and realtors hustling listings. Same with newspaper ads.

elliemae says

There is absolutely no need to pay someone 6% to provide a form you can download yourself or buy at an office supply.

The need for a realtor has nothing do to with the seller's ability to "download a contract" or any other incidental to the sale. If a seller can find a buyer, then the seller does not need a realtor. ALL A REALTOR DOES IS FIND A BUYER. Don't be confused because the realtor supplies a listing contract and a sales contract. These contracts are mainly to protect the realtor's interest.

That's why it's best to go through a group that lists through MLS, until someone creates a MLS that is made for owners AND sellers. For now it's actually VERY simple. Pay $295 to be listed on MLS through http://www.homeownersrealty.com/system/login.aspx?redir=&msg=You+must+have+paid+access+to+use+this+feature.
There are other sites like this.

Host a few open houses (your open house dates and times show up on Zillow this way just like anyone else) and take some great pictures. Leave a contact number or email, done.

Find a seller, use a title company or lawyer. Pay about $300 for that. Done.

Naturally, the real estate agents want you to think it's harder than that. It's not.

I guess the cheap money at super low rates are not attractive any more. :)

Bigger and less risky adventures is my guess.

They will leave as fast as they came if they can find something more lucrative.

HeadSet says

ALL A REALTOR DOES IS FIND A BUYER.

If this is the case then it sounds like the internet should be able to make them obsolete.

Analyzer says

HeadSet says

ALL A REALTOR DOES IS FIND A BUYER.

If this is the case then it sounds like the internet should be able to make them obsolete.

Should, and it eventually will. It's only a matter of time, and changing the rigid mindset that the NAR has implanted.

hrhjuliet says

Sad, but true. :-(

I do believe moral businesses will find our way back into our world, we just have to help foster them, and boycott the wrong doers.

I do hope you are right, but I doubt it'll happen. When a group of people, who make their money by beating working class into poverty, get into power.... they'll screw the working class more and more. And our politics are a one way street, money wins, and money has been winning for years.

I think in next 20 years, working people are no longer going to be in the "middle class", and there will be a widespread senior poverty too. Constant outsourcing, constant reduction of wages in private sector and reduction of benefits. It's not rocket science, we are going down to the bottom.

I still remember when you could have a good life by just having a job, that's no longer the case already. And it's only getting worse every year.

The Chinese are the real second wave.

Here's the heirarchy:

1. Institutional investors
2. China
3. India
4. Sub-Prime Resurgence
5. Correction, then repeat from 1

Repeat from 1.

The only losers are the sub-prime borrowers, and, not coincidentally, they're the only ones on the list that don't buy with all-cash.

Analyzer says

HeadSet says

ALL A REALTOR DOES IS FIND A BUYER.

If this is the case then it sounds like the internet should be able to make them obsolete.

You would think so, but buyers are a long way from buying houses off of "Craig's List" type sites, no matter how enhanced.

Just think of how TurboTax and the like did not make tax accountants obsolete for personal taxes. Even folks with relatively simple tax calculations are uncomfortable without professional help. The same mentality applies to the vast majority of home buyers - they want someone to walk then through.

No matter how many listing sites you can conjure up to appeal to sellers, they are useless unless buyers will actually use the sites to contact sellers and purchase the home.

Since I do not see Buyer's Agents going away, I would like to see a system where the seller pays a flat fee to list, and the buyer pays out of pocket for the Buyer Agent services. But then, some sellers would offer to "rebate the Buyer's Agent cost," and we would be right back where we started.

We do have the power to make a difference. It's a hard for a lot of people to believe we can help, and in some cases it seems too hard of a choice to help. A lot of people are too caught up in affluenza to make the choice to buy less and make an effort to not buy from unethical businesses or nations. Others find it too hard to do the research because too often they are stressed and tired. That's why I suggest starting with a few truly evil corporations and slowly add to the list as each person feels ready.

I would start with ExxonMobil, Monsanto, Nestle and Philip Morris USA and Philip Morris International (a.k.a. The Altria Group Inc.)

Start with those, since it's honestly the equivalent of supporting Mordor.

Move on to Chevron, Pfizer and Walmart.

Take it one step at a time if it's hard, but please try, and please start today.

exfatguy says

The only losers are the sub-prime borrowers

Nope. Taxpayers are the losers, not banks either.

Call it Crazy says

Analyzer says

HeadSet says

ALL A REALTOR DOES IS FIND A BUYER.

If this is the case then it sounds like the internet should be able to make them obsolete.

hrhjuliet says

It's only a matter of time, and changing the rigid mindset that the NAR has implanted.

That's the issue... Even though most people find their new houses looking on the Internet, they are STILL brainwashed in thinking they need a realtor to "push the papers"...

Until Critical Thinking skills are used, the "sheep" will continue to follow the herd, and pay 6% commissions....

It's not common knowledge that this can easily be covered by a lawyer or title company, but it can easily become common knowledge through social media and blogging. That's why it's only a matter of time. The NRA is a union that can only do so much to stop the power of knowledge.

HeadSet says

Just think of how TurboTax and the like did not make tax accountants obsolete
for personal taxes. Even folks with relatively simple tax calculations are
uncomfortable without professional help. The same mentality applies to the vast
majority of home buyers - they want someone to walk then through.

I suspect this is mostly due to the older generation and is now changing quite rapidly.

http://blog.turbotax.intuit.com/2010/03/07/why-software-is-winning-the-tax-prep-wars/

HeadSet says

Since I do not see Buyer's Agents going away, I would like to see a system
where the seller pays a flat fee to list, and the buyer pays out of pocket for
the Buyer Agent services. But then, some sellers would offer to "rebate the
Buyer's Agent cost," and we would be right back where we started.

The last couple of times I shopped for a house I used a buyer agent and basically came up with all the listings I wanted to see by myself. The only thing the agent really helped me with was opening the lock box..................