A tribute to one who tried

[photopress:forlorn.jpg,thumb,alignright]I happened upon this story by accident.  It is one of the very best stories I have ever seen about a “former realtor” and his experience.  We hear from agents all the time…the ones who stayed in the business.  We hear that 80% leave and it’s a revolving door of new agents year after year. 

But we rarely hear from those who left the business.

Here is a heart wrenching, well written, slice of life piece that will tear you up.  It touched me deeply.  Hope you enjoy reading it.

What real estate sites do you use?

John Cook is on vacation and while he is gone asked, ‘What Real Estate Sites Do You Use?‘. It’s kind of a loaded question because he implies that transactions are going to be on the internet in the future, and he’s looking to find out which website is leading the way…

Reading through the comments, the discussion revolves around Redfin, although I’m sure RCG readers could skew the discussion in a different direction.

The Day After

[photopress:Ardell_attica.jpg,thumb,alignright]Choosing some lofty goals. You don’t climb a mountain, simply because “it is there”. You climb a mountain to get the strength of conviction needed to move mountains “The Day After”.

Taking the necessary steps to make changes that benefit both consumers and the industry at large, so others have a working model to follow, is my lofty goal. Telling everyone how I really feel is not about telling everyone how I feel. It’s about targeting some of the ways I can improve the system, one step at a time.

Climbing a mountain (See Quote #19) is of no use whatsoever, if you don’t do something differently the day after, and the day after that, and the day after that. When you run out of steam, or feel like you’ve hit a brick wall, or simply lose the courage to proceed…you find another mountain to climb and start the process again and again. C’est la vie for those who choose for it to be so…or not.

1) Every buyer should know the cash amount they need to bring to closing before they make an offer to purchase and not “after the loan docs come in”. We can change that in 5 seconds. I am changing that today.

2) There should be a training class for agents, that is actually a training class for agents. I need 10 agents to volunteer as guinea pigs for the class, so I can structure the curriculum. I’m hoping Seattle Eric will be one of the ten to volunteer, but he is the only “new agent, used to be investor”, that will be permitted in the class of 10, for “balance” purposes. Eric, agents should never be caricatures…too many are.

3) I decided to run for Club President of my Toastmaster’s International Club at next election in 8-10 weeks.

4) I’m giving my second speech on “Three Simple Steps to Effectively Managing Your Life” tomorrow night, and will continue to give that same speech, until I perfect the handouts to the point where everyone in the room “gets it”.

I’d like to have eight “lofty” goals, and add one every time I accomplish one. So if anyone out there has any suggestions for Changing the World one step at a time, I’ll consider picking the next 4 from your suggestions.

I need 4 more by Monday, so your thoughts appreciated.

Is Trulia totally clueless?

In a post I’ve been meaning to blog about, Trulia asks Is the MLS Totally Clueless? Why is “the MLS” totally clueless (they mean all 1,000+ MLS systems)? According to Trulia, because they don’t allow For Sale By Owner properties to be shown alongside MLS listings. (Is Trulia right, is this dumb? Probably, but I’ll leave that for another discussion.) What is Trulia’s solution? They don’t allow For Sale By Owner properties to be shown alongside their broker listings (see answer number 1). Sounds like someone shouldn’t be throwing stones.

Will Trulia ever allow FSBO listings? My guess is the moment that Trulia gets enough traffic for consumers to care if their house is listed on Trulia, the tables will turn on the brokers they are so eagerly courting right now. FSBO: check. Smaller links to broker sites: check. Data added by users: check. I don’t think they’ll do this out of greed, rather they’ll do it because they have to: if they keep the site the way it is, with limited information about properties and links to agent sites, the rest of the industry is going to pass them by.

Note: Trulia is not a member of “the MLS” and does not need to follow any MLS rules. There was some reader confusion about this.

Time for some sleep!

At around 8pm, I woke up from a late afternoon nap to see that Ardell still had over 30 posts to write and I got a worried… So I took a Newcastle out of the fridge and started writing. I figured that should it become necessary, I could pass along a few extra posts to Ardell… (Greg’s not the only one with a competitive streak!) But she obviously didn’t need my help as she has just made it to 100 on her own! Awesome stuff!!!

Congrats to both Greg and Ardell… You’re both amazing.

However, because I hate to see things go to waste, I’ll go ahead publish the mini-blog posts I was going to pass along to Ardell. My intention was only to write a few “filler” posts, but…

1) I believe Greg when he says he could hit 135 in one day… The man in an animal!

2) Speaking of jobs! Give this man the full-time job as the Open House blogger… With articles like this fun one on an whimsical (artist) house and timely articles like this one on the number of NWMLS price reductions. Steve has come a long way in a few weeks since he asked me how to get some traction to his blog.

3) I steal a lot of “Rain City” traffic, so here’s my chance to give back:

  1. Rain City Video (local video chain)
  2. Rain City Rocks (rocks and minerals)
  3. Rain City Grill (yum)
  4. Rain City Dogs (dog walking)
  5. Rain City Hearse Club (car)
  6. Rain City Choppers (bikes)
  7. Rain City Shwillers (125% punk by volume)
  8. Rain City Yoga (hot!)
  9. Rain City Story (a personal blog)
  10. Rain City Studies (website design)

4) Greg points out this post on the Trulia Blog… Considering all the work that Sami and Pete have done to bridge the gap with the broker community, I’m surprised they let that post slip through…

5) In search of a snippet

6) Kris turns a strange day into a great 12-step program for blogging… However, note that most 12-step programs try to ween you of addictions while Kris is trying to give you one. You’ve been warned.

7) Review of the Bloodhound Blog… Nobody, and I mean nobody, feels more comfortable calling real estate B.S. when and where he sees it. With a fluent style, a quick wit, and a massive quantity of writing under his belt, the man has become addicting.

8) How to discuss Marlow’s recent post about Trulia’s expansion without sounding self-serving??? I put together a Excel spreadsheet that examines not only how many listings each service has, but also how many “accurate” listings each service has for one zip-code (98117) in Seattle. The results highlight a bunch of interesting things like (1) Redfin’s zip-code search is broken (i.e. a search on 98117 returns results for other zip codes like 98203 and does not return all the homes that Redfin has with a zip-code of 98117), (2) Realtor.com is missing more than a few Windermere listings (I was surprised when Marlow mentioned this, but the results pan out), and (3) Trulia has a long way to go before they are comprehensive. If someone wanted to take this data and add one more zip code in some other part of the country, I’d love to post the results. Maybe a Bay Area agent can take this on since all the sites in question have operations there!

9) One of the things I most admire about Ardell is that she focuses on the service (and then delivers a rebate). While it Bill’s approach makes for great blog posts, focusing on the “discount” doesn’t work for me.

10) I still haven’t made sense out of what it means to be part of a “Christian Real Estate Network”, but the guy does some great real estate blog posts… I like his latest on ways to learn about your competitor’s website is another doozy… although he does miss out on the most obvious trick, which is to use technorati to see who else is linking to them!

11) Interesting to see the competitiveness of the rental market

12) I’m not sure who, but someone once said… “It is amazing what you can accomplish if you do not care who gets the credit.” That’s the theme for these blog posts!

13) However, I must give credit to Jim for his excellent post on “why blog?”

14) Jay makes a bunch of valid points when he says it is time to “raising the bar” on becoming a real estate agent… Since stricter requirements would serve to keep out additional competition, I’m assuming that most successful agents would agree.

15) Tom echos this point, andapplauds the Governator’s move to require more education for California agents

16) Merv continues to deliver with his price trend analysis… If you’re looking for good ways to display real estate data start with Merv!

17) Then go check out Mike’s Altos Research blog because he makes price trend analysis easy…

18) While just about anything is possible, tracking my net worth based on my home’s zestimate and MyYahoo stock tracking performance is going to far for me… and then making a button for the whole wide world to see? No thanks!

[photopress:realty_blogging_book.jpg,full,alignright]19) The real estate blog marketing book is available for pre-purchase on amazon… I spoke to these guys while they were writing the book and will be curious to read it!

20) Thinking of amazon wish lists… This four bedroom home in Malibu is currently on the market

21) They are easy enough to find, but Hanan alerted me to this ironic clip of Bush

22) “Seller will pay 6 months of mortgage payments“… (I’m all for good incentives, but is this loan fraud?)

23) The Inman Blog follows up on Trulia’s post where they asked a few real estate professionals to predict the August numbers… It seems no one really knows what’s going on, and if they do, they sure aren’t letting you know in a blog post! 😉

24) As usual, if you want the real scoop on the numbers, turn to Jonathan.

25) The group at Inman also wonder if the people over at Freddie Mac have their pulse on the Latino culture… I’m not holding my breath.

26) Jonathan is also wondering where are all the foreclosures… interesting stuff. I think there are a lot of bubble bloggers that are ampted up and ready to pounce should these trends ever change. I wonder how long they can keep up their intensity before their bubbles deflate… 🙂

27) Speaking of numbers… Peter over at the Business Week blog does an excellent job explaining one example where housing numbers have been so obviously manipulated

28) I always like reading a blog posts from Sandy, but I just wish that she kept her posts short-and-sweet as oppose to long-and-infrequent.

29) Joel points out an unorthodox use of Zillow’s data… I haven’t looked through their API documentation, but do they insist that you add their name/logo when you use their data? How about refelcting them in a good light? Interesting stuff.

30) Now that they clog up our inboxes, real estate leads are a legitimate business [link removed]… On any given day, I literally get 100s of spam and my guess is that over 3/4 or them are real estate related. Thank you google for putting together such a good spam filter. I wouldn’t be able to handle the email I get to my blog email account with the filters on Outlook… I think I would just give up on email!

31) Elizabeth Razzi says that we should get to know the neighborhood before we buy a place. Not exactly brilliance, but it serves as a good reminder that there really are some intangibles that require more than an aerial view of a property!

32) Cherokee is looking for information on the Snoqualmie area… Pak gave one answer, but I’m sure there are others who could help! 🙂

33) The Seattlest gives hogwash a rave review as a fun for the whole family.

Hogwash – An Improvised Tall Tale For Small Children
Runs Saturdays at 2 p.m. until October 28, 2006
Historic University Theater, 5510 University Way NE (University District)
$10, Reservations – 206-297-1767

34) I like Rory’s approach: “I assert that a Real Estate Agent’s expertise and professionalism should be visible in their service and knowledge of the housing market and inventory. Their expertise should never be based on a carrot and stick ploy to drip feed clients MLS information.

35) Do you get comfort knowing that the home of the NAR president is lingering on the market? 🙂

36) If you’re curious, I’m going by the code name “tyr” in the Inkling Market set up by Keven Boer. At this point, I’m down… It seems more and more people are voting for Greg… Will a last minute spurt of posts from me help out???

37) The title may be a mouthful, Creative agreement may enable advantageous use of otherwise unavailable homesite, but Marlow points out a great example of the benefits of getting creative!

38) Welcome to the neighborhood

39) When Shaquille O’Neal makes a $1B real estate investment, that’s a great story!

40) Claudia lets us know about the renevotations that hurt!

41) David organizes another fascinating (and colorful) post on the connection between home life and healthy aging

What do they put in his coffee?

Waking up this morning, I was pretty impressed to find that Ardell is already at 22 posts in the 101 Challenge… At that rate, she’ll make about 60 posts today if she doesn’t slow down!

And then I noticed Greg is at 50. Wow! Someone needs to spike his coffee with some sleeping pills! 🙂

Ardell: If I may… it is time to pump up the quantity and not worry about quality! You’re at the perfect stage to write about 50 filler posts: simple, short, one link-type posts. And then end the day, finish up with some high quality Ardell classics! 🙂

The 2006 101 Blog Post Challenge Match

[photopress:boxer.jpg,full,alignright]Gentlemen, Place Your Bets!

Responding to the Sellsius Challenge, at 12:01 a.m Tuesday 9/26/2006, Greg Swann and I will commence the Cool Hand Luke Style test of completeing 101 Blog Posts in a 24 hour period. Kevin over at In the Trenches is monitoring the betting odds via bets placed via Inkling.

The Challenge Match emanated from Sellsius’ attempt to post 100 Blog Posts in one day, with two writers. Their efforts produced 50 great Blog Posts, and the resultant challenge taken up by Greg and I, will be followed closely by Sellsius and The Property Monger who added fuel to the fire by dubbing the match A Battle of the SEXES

Greg seems undaunted by the task at hand, claiming There is NO WAY he won’t finish. I, on the other hand am wondering if I’ve bit off more than I can chew.

CJ over at NELA and a host of other specators are awaiting the stroke of midnight, for the Blogathon to begin. So grab your popcorn or place your bets or tune in tomorrow morning to see which of us fell asleep! 101 in one day…what the heck were we thinking!?

Looking for a new host!

My current host has pissed me off… I’ve been using InMotionHosting for quite a while and I used to brag about how great they were because their tech support was awesome. But I think they must have had some major cut-backs or something because their service has gone way downhill recently and now I’m looking for a new host!

What did they do to upset me? There are two things.

  • They shut down my service without warning. On Friday, I returned from an all-day retreat to find out that my account had been suspended during the day because RCG had exceeded our acceptable resource use. Luckily Galen was there to get things back up and running for the day, but now, InMotion says they are going to turn my account off at 1PM today unless I upgrade to an account that is 5X as expensive.
  • They won’t tell me what resources I’ve exceeded! I’ve asked twice now in emails, and both times, my question has been completely ignored by their technical staff. I’m assuming it is a server-side cpu usage since both my bandwidth and disk-space (the two items they make publicly available and advertise as the constraints on their product page) are at less then 4%. I don’t feel comfortable trading in one service (with unknown resource constraints) for a much more expensive service (with unknown resource constraints). Maybe they can’t even tell me the CPU usage of RCG… At this point, I was really just looking for an explanation, which they are apparently unwilling to give!

All this leads me to search for a new host!

I don’t need to much from them other than the knowledge that they will be able to host a WP blog and that their technical support will be able to answer some pretty basic questions on an infrequent basis. And if you get a bonus for recommending me, all the better!

(and if RCG goes down later today, you can be pretty sure that it is because I haven’t had the time to switch over hosts just yet… But rest assured that we’ll be back up as soon as possible!)

The Last Word

[photopress:Sichelman.jpg,full,alignright]”Lew Sichelman reports on the national housing scene from his Washington, D.C. base. A past President and Director of the National Association of Real Estate Editors, he has been the recipient of numerous journalism awards, and his weekly column on housing is syndicated in more than 150 newspapers throughout the U.S.”

Every once in a while, Lew includes some quotes from agents that end up in articles across the nation. I get calls from Seattle or Washington, or L.A. from people I know, thinking I was interviewed by that particular newspaper. So I show an explanation above as to why this article regarding commission issues, might appear in many papers around the Country.

Two paragraphs and the last word…thanks, Lew. Lew’s a good guy. I’ve never had problems with his quoting me in the past. My married name was a lot easier for him to spell. Lew, you shouldn’t separate the Della from the Loggia, or people may think I’m the illigitimate daughter of Robert 🙂

This was the last line of the quote before it was cut to fit the article: “It’s a business, look at the money and stop crying about percentages is what I say.”