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Favorite Realt-whore Cliches


               
2006 Mar 4, 10:08am   23,354 views  108 comments

by HARM   follow (0)  

It’s not a house it’s a home.
Buy now or you’ll be priced out forever.
Renting is just throwing your money away.
You have to live somewhere.
They’re not making any more of it.
Real estate never goes down.
You’re just kidding yourself if you’re waiting for prices to fall.
Never a better time to buy!
I think you have a deep-seated fear of commitment.
Never try to time the market (when it’s falling).
It’s different this time.
_(insert location)_ is so desirable, people will want to live here no matter how expensive it gets.
Boomers/immigrants/rich people will keep prices permanently high.
Prices have achieved a permanently high plateau/new paradigm/soft landing.
_(insert location)_ is land-locked.
If you’re waiting for the perfect time to buy, you’ll be waiting forever.
You can’t lose in real estate –it’s a no-brainer.
Real estate’s seasonal; after _(insert holiday)_ things will return to normal.
The last housing drop was caused by _(insert unique, non-repeatable event: 9-11, collapse of Soviet Union, earthquake, hurricane, etc.)_; it’ll NEVER happen again.
STOP LOW-BALLING! STOP!! I REALLY MEAN IT!!!

Realt-whore quotes I’d like to see:

Past performance is no guarantee of future results.
Why, yes, I do drive looking through my rear-view mirror. Why do you ask?
Prices are not falling; they’re just appreciating in a different direction.
It’s perfectly normal for inventory to quintuple this time of year.
Pay no attention to that man behind the curtain.
These are not the droids you’re looking for, move along.
Didn’t I tell you NOT to low-ball?! STOP IT ALREADY!!!

Have any favorites of your own? Discuss, enjoy...
HARM

#housing

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1   Randy H   @   2006 Mar 4, 10:57am  

I've always wondered why I've never heard "if you and your lovely wife get off the fence and buy now I'll throw in a Ménage e twa. after all, i'm already all 'bimbo'd up'".

2   Randy H   @   2006 Mar 4, 11:01am  

George,

Thanks. It is clearly folks like you who have been perhaps most hurt by this runup in RE and the unethical behavior of so many in your industry.

As I posited a couple of threads back, I'd like to see more accountability and professional credibility in RE. That would serve to attract and retain more people like yourself while making it more difficult for the bottom-feeders.

3   Randy H   @   2006 Mar 4, 11:03am  

Thanks John, my alternate Sprache ist deutsch, nicht französisch.

4   OO   @   2006 Mar 4, 11:40am  

I don't know why everyone has such a grudge against the realtors, they are just like the next person who wants to make a living, and if the potential return is high enough, one is likely to steal, lie, kill for it.

The same thing applies to all professions, will you listen to your broker's "advice"? Your financial planner's "advice"? Most of the financial professionals I know have even less grasp of the finaicial market and how things work than me, yet they want to peddle some insurance, option trading or whatever products to me so that they can make their commission. What sets them apart from a realtor?

Always take other people's words with a grain of salt. I never take anyone's words at face value, cycle it through my brain, evaluate what the person stands to gain if I take in his "advice". It always pays to check people's statements against each other, there is no truth of the matter once it comes from the mouth of a stakeholder.

So it really depends on how you use a realtor. If I have a good idea of what I am looking for, I don't mind using them to look for a piece of realty that I am interested or doing some research leg work for a reasonable fee (for example, digging out the seller's financial situation, with proof of course). Why should you listen to their "advice" to begin with?

5   FormerAptBroker   @   2006 Mar 4, 11:42am  

Bap33 Says:

"What is the difference(s) between an agent and a broker ? (sounds like the start of a good joke, but it’s a real question) Thanks."

A real estate "agent" has to have at least a salespersons license (and work under someone that has a brokers license) .

A broker may refer to themselves as a "real estate agent".

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