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Why Not?


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2006 May 16, 4:16am   24,340 views  230 comments

by HARM   ➕follow (0)   💰tip   ignore  

realtorduderealtorlogoL

Given how low the barrier to entry is and how many licensed Realtwhores® are already out there (something like half a million in CA alone now), isn't the post-bubble aftermath a perfect time for me to study for my Realtwhore® license?

I know, I know... you're probably thinking: "Hey, isn't this the same guy who takes cheap shots at Realtwhores® every chance he gets? Isn't this the same guy who posts article after article about Realtwhore® deceit and trickery? Isn't this the guy who routinely characterizes the NAR/MLS as a monopoly and quasi-mafia crime syndicate?"

Well... yes, yes and emphatically YES !!! But despite my personal feelings about Realtwhores®, I'm willing to set all this aside for a very important reason: 6%.

Yes, if I become my own Realtwhore®, I don't have to worry about the inherent conflicts of interest, routine misdirection, lies and thievery that comes part and parcel of being represented by one of California's finest (unless I decide to rip off myself, that is)! Not only can I cut 3% --the buyer agent's commission-- right off the top for any house I decide to buy, but I will also have direct unfiltered access to the local MLS --without having to wait for Congress to de-monopolize it.

I can *guarantee* that I will do due diligence to ensure my client is well represented: ME !

I will be my own "agent of change" :-). This way, in a few years --when prices are close to bottoming out-- I will be ready to pounce fully prepared to tender my "insulting" lowball offer with information asymmetry working for me (for a change)!

So, the question is, how best to go about it? Should I take one of those local community college courses, or go the self-study route? There must be a flood of former Realtors® out there (about to become a tsunami) ready to unload their study materials on the cheap. Anyone out there have any suggestions?

I can DO this. Suzanne researched it.
HARM

#housing

« First        Comments 119 - 158 of 230       Last »     Search these comments

119   HARM   2006 May 17, 7:18am  

@LILLL,

I'd have to plod through the old biography threads to know for sure, but I believe us "Southerners" are in the minority here. (No surprise really, given the blog's name.) It'll take a while, but I'll try to see if the tally's high enough to plan something.

120   HARM   2006 May 17, 7:20am  

Another interesting mystery - the tenants left behind a garage full of plastic grocery bags. Just grocery bags stuffed inside other grocery bags. I have no idea what they were doing.

You can always recycle them into lawn furniture, I guess. Besides, I heard a rumor that they're not making any more plastic grocery bags.

121   Joe Schmoe   2006 May 17, 8:20am  

SoCal blog party? I'm in.

122   HARM   2006 May 17, 8:28am  

@SFResident,

I replaced your long URL with a Tinyurl because it was skewing the page --I'd highly recommend using it. It's free & very simple to use.

123   surfer-x   2006 May 17, 9:34am  

Hey X
Can we all party at your house?
I think you’ve invited us all over for tequila at one time or another.
It’ll be BYOT
Bring your own tequila.
Or we can meet at a restaraunt somewhere in between.
Since X’s attendance would be mandatory…perhaps someplace loud…so we don’t get thrown out…though I hear he’s 37% less offensive in person
Any suggestions?

Absofuckinglootly. Just let me know when.

124   surfer-x   2006 May 17, 9:35am  

My pathetic rental is prime partying. Great backyard, cool neighbors, when?

125   surfer-x   2006 May 17, 9:36am  

I'll be in San Diegho this weekend but next weekend is always game, memorial day. It's an A- list holiday though.

Who could attend? I live in $anta Barbara, on the Eastside man (pronounced maaaine).

126   HARM   2006 May 17, 10:29am  

X,

Thanks! We shall speak offline, after I gather more names & information. Stay tuned.

127   StuckInBA   2006 May 17, 10:55am  

Oracle mentioned,

Anybody notice that the NYSE collars had to be activated 2 hours into trading today? People are really spooked. We very well could have had a complete market crash today if the collars were not activated.

Forgive my ignorance. What are these collars ? How does one find out if the collars have been activated ?

Thanks in advance.

128   HARM   2006 May 17, 10:55am  

Those interested in the So. Cal. blog party over at Surfer-X's (possibly this Memorial Day weekend?) say so here with your preferred day (Sat, Sun or Mon).

If you provided a valid email address when you post (or logged in), I or Surfer-X can contact you with the decided upon date & time, what to bring, directions, etc. (emails are hidden to most bloggers, but visible to us). If it's a fakeroo, no dice.

129   Different Sean   2006 May 17, 10:59am  

What are these collars ? How does one find out if the collars have been activated ?

Electric shock collars...

130   Peter P   2006 May 17, 11:07am  

Blog party too far away……….

How about a NorCal blog party at the same time with video conferencing?

131   HARM   2006 May 17, 11:10am  

How about a NorCal blog party at the same time with video conferencing?

You know there are too many I.T. guys on your blog when...
:-)

132   HARM   2006 May 17, 11:12am  

Sunday or Monday's fine for me. I just found out I have a commitment on Saturday, so that's out.

133   surfer-x   2006 May 17, 11:13am  

How about a NorCal blog party at the same time with video conferencing?

No Krab!

134   Peter P   2006 May 17, 11:14am  

Why not a sushi party?

135   surfer-x   2006 May 17, 11:19am  

sushi is fine, but I thought you had a prohibition against synthentic seafood

136   Peter P   2006 May 17, 11:20am  

sushi is fine, but I thought you had a prohibition against synthentic seafood

Actually, I am fine with fake scallops. They taste okay as deep fried fish cakes. But they are no replacement for 12-count jumbo sea scallops!

137   surfer-x   2006 May 17, 11:25am  

MMMMM monster prawns, I had some that were at least 2" across, mmmmm.

138   Different Sean   2006 May 17, 11:54am  

oops, need another tiny url... or abolish the post :cry:

139   surfer-x   2006 May 17, 12:01pm  

surfer, are you sure that’s not your 2nd blogspot?

That was truly stunning, a McDebtor took such umbrage to my ramblings that they took the time to spoof my blog. Amazing. I'm sorry you are in such debt Mr. McDebtor, well on second thought, I'm not.

140   surfer-x   2006 May 17, 12:02pm  

@Different Sean, I'd like to show her my "Ute Werner"

141   surfer-x   2006 May 17, 12:03pm  

Actually, I am fine with fake scallops. They taste okay as deep fried fish cakes.

Are they made in China at the great knock-off factories? Perhaps the same ones that make the knock-off LV purses?

142   StuckInBA   2006 May 17, 12:05pm  

OK. My mistake. I did not follow the rule - Google first, ask later.

NYSE Trading Curbs :

http://invest-faq.com/articles/exch-circuit-brkr.html

143   Different Sean   2006 May 17, 12:19pm  

that would be like the famous line from 'young frankenstein':

Ute: Why, he vould have an enormous schwanzstucker!
Surfer-X: That goes without saying...
Ute: Voof

i thought the 2nd blogspot was more authentic X than the real one! (btw, no relation to Robert X. are you?)

144   Different Sean   2006 May 17, 12:24pm  

i think electric shock collars would work better -- shock the floortraders so they are in agony and can't make harmful downtrades...

anyway, i don't see why they are necessary, the market is perfect and beautiful as it is without introducing distortions like collars...whatever it does is always right -- see how well the housing market performs when left alone to work its magic!

145   Michael Holliday   2006 May 17, 12:45pm  

Thanks everyone for the input on the trailer home.

Interesting perspective!

146   surfer-x   2006 May 17, 1:33pm  

@LILLL, odd that the ramblings of a drunk surfer got under the trolls skin so much. Must have had their ARM reset. ahahahhahahaha fuckers

147   HARM   2006 May 17, 2:02pm  

anyway, i don’t see why they are necessary, the market is perfect and beautiful as it is without introducing distortions like collars…whatever it does is always right

Well, well --bravo, Sean-boy! It's about time you finally saw the light! We finally made a market fundamentalist out of you, eh? :twisted:

148   HARM   2006 May 17, 2:16pm  

X-man, LILLL, Joe Schmoe & Peter P,

Please check your inboxes.

149   Different Sean   2006 May 17, 2:28pm  

We finally made a market fundamentalist out of you

yes, now when i see a distorted market, i reach for my revolver...

i want to see no taxes, no govt*, no regulations, just pure, perfect market from here to the horizon... that way, everyone will be better off, even when they're worse off, and if they're worse off that only proves they deserved it -- and god clearly blesses the prosperous, they're not shrewd, just holy, righteous people... goddam commies, stealing my profits! :x

*except for the marines, we need gunboat diplomacy to open new markets and persuade the locals to rethink their position - no mcdonalds without mcdonnell douglas :evil:

150   SJ_jim   2006 May 17, 3:09pm  

Blog party? Blarty?
Hey, I'm gonna be in SB (Goleta) Memo weekend, right after camping in Kings Canyon (by the way, anyone know where "Lady Lake" is?).
If I'm in SB's "ghetto"...I'll be sure to look for all the cruisers w/flashing lights bustin' up the blog fun :)

151   Mike/a.k.a.Sage   2006 May 17, 5:39pm  

Watching the housing bubble burst in slow motion is so much more fun than if it would happen quickly. I get to say, I told you so, for a couple of years more. I fear though, that this time, it will happen more quickly than the last.

152   surfer-x   2006 May 17, 5:52pm  

SJ_Jim, stop on by!

153   SJ_jim   2006 May 17, 6:05pm  

"All I can say is this…I was watching a live Streamed Quote Ticker as the Dow was dropping. Between minus 230-249, it had a very fast and furious fall, and then as it pushed up against -250, it just amazingly stopped & reversed. I’ve never seen anything like it and found it to be very unusual. "

I was rather amazed; I'm pretty well diversified, and everything seemed to be down down down today (except for very small caps that are (seem to be) very very random). Anyone know of *anything* that was up today?

154   SJ_jim   2006 May 17, 6:07pm  

"Watching the housing bubble burst in slow motion is so much more fun than if it would happen quickly. I get to say, I told you so, for a couple of years more. I fear though, that this time, it will happen more quickly than the last. "

Mike, LOL! Where are you, BTW?

155   SJ_jim   2006 May 17, 6:12pm  

"SJ_Jim, stop on by! "
Wld love to crash the Blarty! But w/shame I must confess that I hate the t'killa w/out mas de lime flavor + ice + salt; but I bet that could be arranged! Si?
But how to get the location info? Someone must be able to get/give my email addy.?

156   Different Sean   2006 May 17, 7:11pm  

Anyone know of *anything* that was up today?

commodities seem to be crashing everywhere. meant to be due to higher interest rates, but i think it is investor fear of WWIII breaking out after dubya told the world's press that the australian prime minister had no hair and was ugly...

The Australian share market should open sharply weaker as US and European stocks were routed overnight on concerns of higher global interest rates.

The Dow Jones fell almost two per cent while UK shares dropped nearly three per cent on inflation concerns, with the Australian market also expected to be hit by weaker base metal and oil prices.

The resources sector is expected to come under concerted pressure, particularly the majors BHP Billiton, Rio Tinto and Woodside.

On the Sydney Futures Exchange, the June share price index was 100 points weaker at 5112.

157   DinOR   2006 May 17, 11:39pm  

I absolutely hate when they put the "curbs in!" We all understand the implications of programmed trading but this is a FREE MARKET damn it! No one is held captive here against their will. If you want to sell..... then sell. One of the things that caught my eye yesterday was the sense that traders are now betting that the FED won't step in to prop up the bubble. With all of the talk about how rising rents will impact CPI it was as if the market was looking for immediate reassurance that rates would be contained. They were looking for a "hug".

This makes almost no sense. All throughout the rate reduction cycle the FED was unconcerned (or oblivious, which I doubt) that home prices were escalating at unprecedented rates. Now somebody's rent goes from $1,000 to $1,050 and they may be forced to act to "contain" it?

158   edvard   2006 May 18, 12:22am  

That is one nasty looking curve today on the Dow.

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