Why You Can't Possibly Listen To What They Say Now

By
Real Estate Agent with Century 21 Manausa and Associates BK3009719
http://actvra.in/5MV

No They PictureThey say that now is the time to buy (if they have something to sell). They say two out of three aint bad. They say that “where there’s a will, there’s a way,” but I suspect that this is just a marketing conspiracy created by estate attorneys.

They say that the early bird gets the worm (but my son Max asked “what about the worm?”). They say that 80% of the work is done by 20% of the people (which I have disproved for the real estate profession in an analysis of closed sales two years ago). They say that “love don’t pay the rent,” but they might not have visited a (well, you know).

The point is, “they” say a whole lot of things, and as a society we have learned to accept a lot of common expressions and sayings as truths in our lives. For the most part, this is harmless and quaint.

But “they” also have a tendency to travel in packs in the news world. When a reporter is covering an issue that he or she does not understand (or one that does not personally excite them), we see a tendency of these people to just report the half-truth spins of industry lobbyists. And this is where harm does occur.

What-They-Say-About-Real-Estate-Image

 

It is time for a self-policing action by the professionals in the real estate industry. We can no longer be the “they” that is spouting the garbage that causes our collective voice to have little or no creditable value among consumers. If NAR continues to publish half-truths and lies in an effort to stimulate the market, won’t OUR voice eventually carry no weight at all with consumers?

When we report on conditions in the Tallahassee housing market, we do our best to isolate trends and provide an opinion of what it means to the short-term and long-term expectations of homeowners. Just like NAR, my ability to earn a living for my family is based upon the number of homes that my company is able to sell each and every day. I want to sell homes. I have a vested and passionate interest in all of the homes for sale in Tallahassee.

But I also have a vested interest in the Tallahassee community. NAR personnel come, and NAR personnel go, so “they” do not live in the community in which they  “serve.” But I do.

I am a bull on real estate. I believe real estate investing will absolutely blow the doors off of any other passive investment for most people. But only if it is done correctly. And only if the investor pays attention and watches market cycles. The frenzy of the boom market 6 years ago was caused by many factors, and “they” were at the heart of it.

Don’t listen to “they,” the advice is toxic. Take in your own readings. Find trusted advisers. Learn to spot trends. And then do the opposite of what “they” are doing. Real estate is not rocket science and it is something that most people have to deal with in their lives anyway … so it is a natural vehicle for smart, safe investment.

Real estate investment, when done correctly, is not flash and it is not exciting. But it certainly can be rewarding. If you think common-sense investing could be the right answer for you, just let me know and I will show you the smartest way to get started.

Posted by


Joe Manausa, MBA
Century 21 Manausa & Associates

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Topic:
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Location:
Florida Leon County Tallahassee
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"Whacked"!!!
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Rainmaker
570,044
Bill Gillhespy
Fort Myers Beach Realtor, Fort Myers Beach Agent - Homes & Condos
16 Sunview Blvd

Hi Joe,  Like you I remember the spin coming from NAR and some of the state boards.  It certainly put a definite spin on the market and in the end sounded desperate !

February 24, 2011 02:50 PM
Ambassador
963,093
Craig Rutman
Raleigh, Cary, Apex area Realtor
Helping people in transition

Perhaps if NAR spent as much time letting the public know why buyer agency is a good thing as they do spouting off that "Now is a great time to buy", we wouldn't have to spend so much effort convincing buyers that having representation doesn't cost them anything and it's to their benefit to do so.

February 24, 2011 05:08 PM
Ambassador
1,200,689
Erica Ramus
MRE, Schuylkill County PA Real Estate
Erica Ramus - Ramus Realty Group - Pottsville, PA

The "now is a great time to buy" ad campaign was just that: an AD campaign. No wonder why many people don't trust us?

February 24, 2011 06:19 PM
Rainer
152,375
Don Hintz
2D-enterprises / HAUS Design, LLC

Joe,

The difference between "they" and "YOU" is you know what your talking about.  20% of the 80% of they don't have a clue.

February 24, 2011 08:46 PM
Rainmaker
722,993
Carol Zingone
Global Realtor Based in Jax Beach, FL
Berkshire Hathaway Home Services Florida Network Realty

Everything with a grain of salt - for some, now is the best time to buy, for some it's the best time to sell. Real estate is local, so national and regional stats are flawed as they can disguise true local supply and demand, and here in FL, we are very subject to the media's perception of the market on a state wide basis.

February 24, 2011 10:24 PM
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Joe Manausa

Tallahassee Real Estate
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