Meshugy says "Make Me Move"

edited March 2009 in Seattle Real Estate
Time for a bit more meshugy-schadenfreude

Since he used to make such a big deal of the "zestimate" for his palace, I like to check in every once in a while to see how he is doing.

This time I got a little surprise! Shugy has put a "make me move" on his property. And from the looks of it, based on the fact he has added 11 pictures + put his phone number on the site to contact him - I was thinking he might be serious about selling...

until I saw the price!
shug1.png

His "make me move" is $565k. This is $90k higher than the current "zestimate" of $475k, and $25k higher than the time high of $540k from ~two years ago.

shug2.png

It seems the exhaust fumes are still quite strong over in Crown Hill!

Comments

  • <shaking head>

    It's so hard for some people to cope with reality. One can hope that Shuggy doesn't actually expect to get that price out of it, but is putting it up there on a hope and a prayer. If it doesn't happen, maybe he's no worse off. If it does, he can finally come back here and gloat that we were suckers and his house kept on appreciating even during the crash.
  • IMO...when a person uses Zillow's Make Me Move, it tells me that somewhere, there is an agent that told them "Sorry, your price is too high, I don't want the listing".
  • Zillow was born during the bubble, so it was great for Meshugy (and others) on the way up.

    On the way down, quite another story. I expect we'll soon see some lawsuits from sellers blaming it for not getting "true value"
  • EconE wrote:
    IMO...when a person uses Zillow's Make Me Move, it tells me that somewhere, there is an agent that told them "Sorry, your price is too high, I don't want the listing".

    I've always though of "Make me move" like a lotto ticket. 99.999% of the time, it does .....nothing (except gets the justly deserved mocking above) .But! should someone who REALLY won the lotto comes along, and wants to buy back their childhood home, that way they know what to offer

    :D
  • "Make me move" also has a bit of bravado to it.

    If you say with a "Clint Eastwood" tone...it almost dares the borrower to pull out their checkbook.

    "Come on....Make...me...move." :lol:
  • I've never seen a make me move price on Zillow that was based in any sort of reality. On the way up or on the way down.
  • " Do you feel lucky, punk?"
    " Make me move."
  • Poor Baby Blue....a little behind the times.

    It was all "good" on the way up and he could hardly wait to beat us over the head with how "special" Ballard was.

    He was warned....MANY times that this day would come.

    Now it is too late.
  • http://www.zillow.com/homedetails/7310- ... 1321_zpid/

    Here's the link to his house for anyone interested in making an offer.
  • This is classic!!

    I know he is reading this. Lil' blue, come back, we miss you!

    Re: "Make Me Move" - This 'feature' will go down in the Housing Bubble Hall of Shame - A way for delusional homeowners to quell the post-purchase cognitive dissonance.
  • Is the zestimate based on the "edited facts" about place or the public facts? In the edited facts it says, among other things, that it was updated in 2005, but the style looks straight out of 1995 to me.

    Edit: I guess this is the answer:
    Zillow wrote:
    If your home facts are incorrect, you have the opportunity to update your facts, which may affect your Zestimate value.
    which would explain why the value of the home recently jumped. Apparently the house grew a by few hundred square feet and 3/4s of a bathroom.
  • I wasnt around for the Meshugy days - sorry I missed him.

    Anyway, this guy is delusional....over $550K for that house? 2 years ago...maybe. Now, not a chance.

    Tons of inventory in Ballard/Greenlake/Phinney and more coming on the market all the time....
  • Woah! I just looked, and his make me move price is up to $950,000 ..

    better act now before it increases again!
  • Woah! I just looked, and his make me move price is up to $950,000 ..

    better act now before it increases again!

    Proof he can't stay away...

    I knew he was reading
  • Woah! I just looked, and his make me move price is up to $950,000 ..

    better act now before it increases again!
    Hah! Okay now I'm certain he's just yanking our collective chain.
  • deejayoh wrote:

    Proof he can't stay away...

    Aren't we all just as guilty :wink:

    Seems that he's peoples favorite "Zestimate" around here. :lol:
  • A few thoughts on this.

    He keeps a very clean house for a musician with young children, or he's gone through some trouble to stage it for the photos.

    It looks like he's cleaned up the outside since the last time was in his neighborhood, something he didn't do the first few years he lived there. (I have relatives that live down the street from him, so I'm in the area often enough)

    Both of these lead me to believe he may be serious about selling.

    For someone that complained that "rentals are substandard" I expected the interior to be a little fancier. Not that it's bad, but it's not really above what you find in rental homes. What's with the 1985 style refrigerator?

    Finally, listing the house on zillow at 25% above market value - isn't that what Ardell did about a year before going into foreclosure? Baby Blue may be the next NTS on the block.
  • Is the zestimate based on the "edited facts" about place or the public facts? In the edited facts it says, among other things, that it was updated in 2005, but the style looks straight out of 1995 to me.

    Edit: I guess this is the answer:
    Zillow wrote:
    If your home facts are incorrect, you have the opportunity to update your facts, which may affect your Zestimate value.
    which would explain why the value of the home recently jumped. Apparently the house grew a by few hundred square feet and 3/4s of a bathroom.
    This brings up an interesting flaw in Zillow's system.

    If you look at the 5-year "Market Value Change" graph, you can see that Zillow indicates a pretty sharp change in value at the time of the previous sale. This is because part of their algorithm obviously takes into account the actual sales of a property as data points that represent known market value.

    When Meshugy bought his home, Zillow believed it to be smaller than the public records indicated, which is why the pre-sale Zestimate was so low. Anyone who has been here long enough will remember how often Meshugy constantly reminded us of that fact. However, when he paid $431,200 for it in April 2005, that price obviously accounted for the true size of the house, and Zillow adjusted their Zestimate accordingly, even without knowing the accurate facts about the house size and features.

    So in effect, although Zillow had up until recently believed the house to be smaller, thanks to the 2005 sale, it was already priced appropriately. For Zillow to update the value again after Meshugy corrected the inaccurate information about sqft and bathrooms is something of a double-dip in the Zestimate correction.

    Not that I really care, as I've never put much stock in Zillow's price estimates, but I do find it interesting on the computer programming / algorithm front.
  • Also kind of interesting that during the runup, lots of people were quoting their Zestimate ( which was inaccurate) to demonstrate their acumen in real estate investing, but these same people now dismiss Zillow as inaccurate hooey, now that Zillow says their homes are worth 30% less.
  • This thread is getting a little stalker-y for my taste. Sure the guy threw a bunch of platitudes and attitudes at us back in the day, and he deserves to get it back now that he's been proven wrong. But tracking his house regularly enough to know its history and changes in condition, or even caring enough about it to even want to do so, kinda gives me the shivers. Same goes for Ardell and her house.

    Maybe it's just me.
  • LHR, I understand your concern. I don't know these people, nor do I care to. However, the've both made a serious effort to make their personal situations and circumstances public.

    Meshugy appears to be a garden variety narcicist obsessed with telling everyone how much better his life is than everyone else, and proving it by bragging about his house, his car, his income, his business, his family etc etc etc. He loves it when we envy him, and apparently enjoys the attention.

    Ardell confuses me. Honestly, I don't understand what motivates her to share wtih strangers the kind intimate personal and family details she posts on her blogs. It creeps me out, and if I were in her family I'd politely ask her to STFU and leave me out of it. She's a total train wreck - and not the kind that happens out in the middle of a field somewhere, more like a derailment in grand central station.

    On a personal note, anyone that has decided to run a business online has had to make a decision about how to present themselves and what kind of personal information they want to make available. Myself, I took a more cautious approach. I know full well that anyone that wanted to sleuth out where I live, where I work, who my family is, how many speeding tickets I've had and a whole bunch of other information could do so - but I certainly don't join discussion forums to spread that stuff around.
  • This thread is getting a little stalker-y for my taste. Sure the guy threw a bunch of platitudes and attitudes at us back in the day, and he deserves to get it back now that he's been proven wrong. But tracking his house regularly enough to know its history and changes in condition, or even caring enough about it to even want to do so, kinda gives me the shivers. Same goes for Ardell and her house.

    Maybe it's just me.

    the guy made bets on this very forum about his zestimate. I say it's fair game.

    FWIW, I didn't post any PII - link, phone, etc. Nothing you could use to identify the address or owner. I think that crosses the line - but updates on bets he made here? not so much.
  • deejayoh wrote:
    FWIW, I didn't post any PII - link, phone, etc. Nothing you could use to identify the address or owner. I think that crosses the line - but updates on bets he made here? not so much.

    I posted the link to the Zillow page, so I guess I crossed the line, but I had some help.

    From the picture and comment you posted:
    1. We know it's on Zillow.
    2. We know the make me move price is $565,000 (now $950,000)
    3. We know it's on Crown Hill
    4. We know what the house looks like

    If it takes anyone longer than 1 minute to find his house with that information, then they're not doing it right. The real question is how did anyone determine this was his house in the first place? I suspect he provided the information himself. If he did so publicly, then he shouldn't have any expectations of it not being public.
  • he posted the link. it's in the forums if one has patience enough to look.
  • deejayoh wrote:
    he posted the link. it's in the forums if one has patience enough to look.

    That's what I figured. I remember him, if not that specific post. I doubt he's surprised by people's reaction to the current Zestimate for his house.

    8)

    viewtopic.php?f=1&t=80&p=428#p428
    Actually...that house is directly behind me!!!!!!!!!


    viewtopic.php?p=530#p530
    I don't have anything to prove... I'm not the one who was dumb enough to give out my real name on the web or provide specific personal information

    Not sure what the big deal about using your real identity is....the owner of this Blog does, so do many of the other posters. Using your real identity is only stupid if you've got something to hide, which is obviously the case with you.
Sign In or Register to comment.