« November 2005 | Main | January 2006 »
December 10, 2005
hog wash creole style
a pundits foot print
"Rebuilding new orleans is blocked
by a vicious circle of uncertainty "
P. KRUGMAN
shit no
its a waiting game
till the lower dark sections cave in...
A VICIOUS CIIRCLE OF CONSPIRACY
===================================
first the snow shoe brains
brain pattern
"Business owners are reluctant to return
to the gulf region
because they aren't sure
whether their customers and workers will return
families are reluctant to return
because they aren't sure whether businesses
will be there to provide jobs and basic amenities"
what's missing
a co ordination requiring gubmint
but what if a non return
what if a slow recovery
has the best prospectsafter all can there be a cheaper method
if recovery must begin by massive community removals
well
its out of my hands now
ring up Tipton Holdings
BARE THIS IN MIND
CONSPIRACY IS PUBLIC CO ORDINATION
BY PRIVATE MEANS
Posted by the baron at 05:32 PM | Comments (0)
December 09, 2005
hard landing ????
the price chopping is well under way
but my island girls tell me
"no hard landing...no hard landing...no hard landing "
but its a chant
not a prophecy
=====================================
to land or not to land
is no longer the question
the question now
is not even when
but how hard
i leave fore casting to the flying gypsies
to me whether its tommorw like a steam roller
or over years like erosion
the agent view is
we gotta get our acts together
the squeeze is on
and we don't even know what we want
i'm clear myself
we want an agents association
independent of the brokers
we need to bargain collectively
or we'll sink
indivdually
the 60 billion pie
is going down
and the brokers will want us to take the hits
ladies start your engines
the battle over shares begins
in ten seconds
Posted by the baron at 04:31 PM | Comments (0)
December 03, 2005
no I am not 'dreeenking' again
i don't post
because .....
i am formulating
much will be revealed...
after the new year
meanwhile.....
keep flogging galz
=================================
Posted by the baron at 03:20 PM | Comments (0)
no one loves a fat broker ....
cut rate brokers.....
vut a bizzznissssss model dat issss
but....
they're here to stay ladies
=====================================
here's afew chunks from an LA times
glow piece on one silver haired huckster....
cuttin our sister's trap lines
"His strategy:
Charge home sellers half
what most commission-based brokerages do
— 3% of the sales price
instead of the standard 5% to 6% —
without scrimping on service "
"... bucks the established brokerage system further
by paying his agents as full-time salaried employees
instead of independent contractors "
"and using the CataList website
as a consumer-friendly portal
for all local housing-price data
that until recently had been for brokers' eyes only"
"it is only a matter of time
before the market forces down
the cost
of residential real estate transactions"
" as it did with securities trading and travel reservations"
" As the housing market slows down
and values stop rising as fast
home sellers may think twice
about forking over
a big chunk of their equity
to a real estate agent"
"spending larger-than-average sums —
about $2,500 per customer —
to attract clients and promote its listings "
"sued the National Assn. of Realtors
over what it believes are anti-competitive policies
that keep consumers' costs artificially high
by hampering the ability of new competitors
to join the real estate party."
schwabbing the decks ......
"no different from Charles Schwab & Co."
"The parallels for real estate brokerage are almost perfect,"
"Before the rise of online discount stock trading...
typical stockbroker would charge high prices and hoard information."
"Schwab recognized that hoarding information
and treating clients like children
was a bad business model,
and the same is true in the realty business,"
" changes in the market
are already driving down commission rates,
which averaged 5.1% in 2003"
" model is designed to bridge the gap
between low fees and full service "
" A seller gets a detailed marketing strategy"
" including slick color brochures,
prominent newspaper ads
and a flashy presence on Realtor.com,
one of the top free listings websites.
The high-profile promotions
are paid for by CataList,
in contrast to the traditional brokerages
that require their independent contractor Realtors
to pick up the tab for marketing clients' properties"
"Despite any industry changes taking place,
one practice that has not changed
is how agents are paid.
When a homeowner sells his home,
half the commission goes to his listing broker
and half goes to the brokerage
of the agent who brought him a buyer"
" offering 1.5% is not winning over
many of the region's full-commission buyers' agents"
"There's zero networking with other agents
Nobody wants to work for 1.5 %"
" this sellers-only business model
limits agents' income
because it does not work with potential buyers "
" buyer-side agents expect a minimum of 2.5%."
but
"this exactly the reason the traditional system
is headed for a big change"
"Agents spend more time marketing themselves
than providing the best possible service
for their clients,"
"Open disdain for the traditional brokerage business
is part of the marketing strategy.
Aggressive statements about
'unscrupulous real estate agents'
and their practices
pepper the company's website,
and its radio ads
openly mock high-commission rivals"
.
"You have to have that kind of passion
It's essential to the model."
"There isn't any rocket science in this model.
It can be copied,"
Posted by the baron at 02:48 PM | Comments (0)