Seattle Bubble Forum Archive

Overpriced House - $399,000
Real Estate License - $429
Broadband Access - $12.99

The Power of Denial - Priceless...


http://www.zillow.com/forum/site/ViewTh ... m?tid=7132


Don't you guys think that we as home owners should create some kind of alliance to fight back against these buyers? Perhaps we can make a stand and not lower our prices for years which will finally shut them up so we can go back to our business

(a few moment later)

It's like the buyers are now in a suppressed mode and pretty soon there will be a huge explosion of house buying market spree all across the country. At that point, we will come back to where we are today ala 2004.

(and then)

There are many benefits owning a home. The most important benefit being having your own home.

(and)

This is all just a giant media scam. We are just feeding into the media to generate more revenue for them newsmen.

(and)

The Schiller graph is my point exactly. (...) When home values arose 300-400%, that means we are now at a new era where our economy is stronger than ever.


Welcome to the sound of an irresistible force striking an immovable object - as interpreted by a vested real estate agent.

We should be hearing a lot more of this in the near future.

Of course if you are not new to the area, and have a bit of common sense and enough spare time to educate yourself on a very important financial transaction, you should not hire a buyer's agent. Many people have far better luck with a lawyer (who is well versed in real estate transactions).

At the very least, use Redfin.

Just as one should ask a financial advisor, "Yes, but where are are the customers' yachts?"

One should silently laugh at realtors and say, "Yes, but where is my Lexus?"

IMHO, if you know the neighborhoods and style of house you want to live in, the purpose of a 'full-service' agent is basically to unlock the door, tell you how many days/weeks/months it's been on the market, and go back outside to sit and wait in the BMW her other clients paid for.[/i]