There’s always something to howl about.

Category: Enduring Interest (page 2 of 10)

The Food Is Terrible, But Wow! The Service Is Out Of This World

Ever had a friend rave about a newly found restaurant who said the service was literally the best he’s ever seen? The question hangin’ in the air of course, is — How was the food? Ever heard a friend reply, “Oh, the food? Average at best. But the service was so off the charts, we’re goin’ back every week.” I’m bettin’ not.

Let’s lay out a few examples of the above.

Did attendance at Chargers games drop last season cuz they didn’t always wear their wildly popular throwback uniforms? OR, cuz they stopped winning?

Would you rather have the rude, gruff, but world class doctor? OR, the dime a dozen physician who serves homemade cookies in the waiting room, and makes you feel really good about yourself?

Is your best friend your best friend cuz they don’t tell ya the shirt you’re plannin’ to wear on that first date makes you look like a 1958 Sears appliance salesman? OR, cuz when you call them at 3 AM on a rainy Wednesday morning, they’re there in 10 minutes?

The Chargers’ win/loss record isn’t in any way connected to their uniform’s design.

Your doctor’s manners are irrelevant to his ability/inability to treat you.

Your best friend pisses your wife off regularly, yet he’s still the guy you go to when it MATTERS.

You’re in the real estate business. There’s only one thing you do that’s guaranteed, every time it’s tried, to put a smile on your client’s face.

Produce the result you were hired to produce.

Results speak more loudly than anything else you do, including your so-called world class service.

Those who spend the bulk of their time and money enabling them to produce those results for more people, faster, are the smart kids in the room.

Clients don’t pay us five figures for HappyTalk. They pay us for results.

It’s pretty easy to discern who, and who does not get that in any given market.

However, as Grandpa replied to me once, when, as a 12 year old I said painting pictures of landscapes/seascapes was hard, “If it was easy, everyone would be doing it.”

Testimonials may speak of the Read more

Joe Biden Was In Philly To Pitch High-Speed Rail

…and I swear, before he finished his speech, he channeled his inner Harold Hill, just to convince the rubes in the vernacular:

Seventy-six small towns on the big rail line
Over a hundred and ten miles of track, to nowhere
They were followed by recyclable trash cans, dotted all across
the Land, the cream of the climate changin’ scare

Seventy-six rail cars caught the mornin’ sun.
With a hundred and ten passengers lounged within.
There were more than a thousand engineers
Watching all the gears
With a horn, signalin’ the big green train was near!

There were union bosses, activists, and ne’er do wells.
Looting, looting,  all along the way.
Earmarks, tax credits, “Gee, ain’t it swell?””
Each politician,  having his big, fat say!

There were fifty miles of track in the far off desert.
Explorin’, explorin’ where noone had been before
An industry to subsidize
All voters get a free ride!
At last!  We’ll even up the score!

Seventy-six short years is the cost recoup
Over a hundred and ten agencies, will oversee
You’ll no longer see coughing, sputtering cars, dotted all across
the Land, just high speed rail, from sea to shinin’ sea!

I love a good musical so I’m looking forward to Robert Preston Joe Biden’s speech in Ioway.

Want Unvarnished Truth? See Who You Are Through The Telescope Of Decades

I bet you look back at the end of each year to review, tally wins/losses, etc., measuring results vs first of the year expectations. That’s no doubt a universal experience. Did we lose the weight? Do the business? Learn the new language? Master that new skill? Become a better whatever?

This year you may wanna try something different — something that may provide insight more useful than a year’s review. Liken it to comparing stargazing to seeing the night sky through a powerful telescope. Instead of scrutinizing the last 12 months, critically examine the last decade. In fact, begin with the first decade of your adult life, examining each succeeding 10 year period. You have the perspective of having lived it, which will help.

Dad did this on the advice of his father-in-law, back in the late 50’s or very early 60’s. He told me of the life changing realization that hit him like a shotgun blast at pointblank range.

(Paraphrased) “I suddenly realized, with almost terrifying lucidity and coherence, that I could literally accomplish anything I wanted. It had a paralyzing affect on me for days. Not long after, I sat down with pen and paper to set long term goals, and I’ve never looked back.”

You may have more than a few epiphanic moments. I know I sure have. 2010 completes the fourth decade for me, so I can crank up my mental telescope to full power, while conducting postmortems on each successive decade. Like the galaxy, we all have a mental picture of the paths our lives have taken — by choice or otherwise. Yet much as the night sky is orders of magnitude different through the lens of a powerful telescope, so is looking at galaxy-sized blocks of our lives.

It shows how we’ve grown — or haven’t. What lessons we’ve yet to learn, and wisdom we’ve successfully adopted. But most of all you’ll see the truth — in big picture form. Forensically dissecting a decade of your life, or better yet, more than one decade, is a potential goldmine of information about the most important person in the world Read more

THE Epiphany – Solomon Was Right

I’ve had times in my career, the first one at 19, a whopping year of part time experience under my belt, when I was given a slightly unfocused glimpse at what was possible, in terms of that elusive concept, success. In a company filthy with studs and studdettes, (a word I just now made up) I somehow Gumped my way into finishing in second place in a 90 day in-house listing contest. I won an 11″ black ‘n white portable TV — a prize I’ve always been convinced my sainted step-mom was behind. The distance between me and the winner could only be measured in terms of light years. When basking in the shocked applause at the awards meeting, I thought I was a budding gift to real estate brokerage.

NASA still hasn’t developed the instrument capable of measuring how completely fulla crap I was back then. Lookin’ back, (I blush with shame whenever I do this) I would’ve had to climb up three rungs on the ‘Have a Clue’ ladder to have been Mr. Clueless.

Goals, plans, hard work, even talent, aren’t the most powerful weapon we have in life. Ask yourself, what precedes all of that? When we lump 1,000 highly successful real estate agents together, what’s the common denominator? Some had goals, some didn’t. There are massively successful people, for whom the next goal they set will be the first. The same goes for all the factors mentioned above. So, what’s the common denominator shared by virtually all of ’em?

They made a decision.

If ya see yourself here, raise your hand, but I’ll only speak for myself. Success in anything just ain’t that complicated, nor is the road leading to it labyrinthian. There are those who do, and those who can tell ya every way known to Man how something can’t be done — at least not by them.

We all realize the truth of profound principles of life at different speeds. I was a slow learner. You’d think as a PK I’d of understood the pure gold flowing from Solomon’s wisdom (paraphrased) — As a man thinks in Read more

NAR and ALTA further attempt to stifle private enterprise on Private Transfer Fees

When the National Association of Realtors and the American Land Title Association claim to be doing something to benefit consumers, those same consumers can expect to be fleeced once again.  Currently, they are trying to ban private transfer fees by getting the Federal Housing Finance Agency to amend rules so that almost defunct Fannie Mae and Freddie Mac can no longer back properties that have private transfer fees covenants recorded against them.

I’ve written about private transfer fees on Bloodhound before. At the time, I promised to do more work with them and report back.  Since then I have looked at them, and received proposals from Freehold Capital, on implementing them on two of my own projects.  I haven’t recorded their instruments on my projects even though I do like the concept.  As a developer, private transfer fees would be great if they could be securitized so the money was available up front to pay for infrastructure costs.  My issues with the Freehold proposal is they currently do not have a securities market for the instruments and I believe their cut of the action is too rich for what they are providing.  So, I have made a private decision that I do not see enough value in their proposal.

That does not mean that I think Private Transfer Fees should be banned.  It does not mean that a competitor, or Freehold themselves, might not have a proposal in the future I would like to be able to do.  The concept, used as I described it, could be fantastic and help create more valuable properties we can all sell!

Jeremy Yohe, spokesman for the American Land Title Association, claims that “The casual homebuyer would have no clue that these fees are even attached to the property that they’re going to purchase” as his reason that these fees should be banned.  He forgets to mention that the members of his association have the job or providing accurate title information for things recorded on the title, like covenants.  I just love it when people argue their own incompetence is a reason that something should not be allowed.

There Read more

Radical Chic – Oh Baby How I’ve Missed Ya

Radical chic is a term coined by journalist Tom Wolfe[citation needed] to describe the pretentious and fashionable adoption of radical political causes by celebrities, socialites, and high society. The concept has been described as “an exercise in double-tracking one’s public image: on the one hand, defining oneself through committed allegiance to a radical cause, but on the other, vitally, demonstrating this allegiance because it is the fashionable, au courant way to be seen in moneyed, name-conscious Society.”[1] Unlike dedicated activists, revolutionaries, or dissenters, those who engage in radical chic remain frivolous political agitators. They are ideologically invested in their cause of choice only so far as it advances their social standing. – From Wikipedia

On January 20, 2009, Barack Obama was inaugurated with much pomp and circumstance, and today, some year and a half later, remains (IMO) a polarizing figure in American politics. So, when I, as a member of the real estate community, read about the overt actions of the Federal Government under the leadership of Mr. Obama, and contemplate both the merits and missteps of his administration, I cannot but yearn for some few hours with the elite of American society who swept him into office with their own brand of ideological one-upsmanship.

Yesterday Brian Brady commented that he had not been invited to attend the reported meeting on August 17th of the Obama’s administration’s attempt to overhaul or repair Fannie Mae and Freddie Mac.

That got me thinking about an old essay by Tom Wolfe.

The essay, Radical Chic: That Party at Lenny’s “. . . It’s a tricky business, integrating new politics with tried and true social motifs . . .” from New York Magazine on June 8, 1970, got me wishing for a few hours of time with just about any of the elite of American society that ushered in and oversaw the coronation of their very own so chic, so hip, so nimble and enlightened leader. But the radical chic, those who helped elect this President, and with it the seemingly endless policy shifts away from accountability toward mediocrity and the continued Read more

Race Balanced Elections?

I wrote a satirical piece last August about how life might be if the Federal Government increased its power.  I suggested racial balancing might be a consideration in elections:

President Menendez was elected by a sweeping margin when he ran against former Senator Mel Martinez in the first ever race-neutral Presidential election.  Former President Obama signed the Neutrality in Elections Act of 2013 and it was agreed that Presidential elections would be held with a specific race/ethnicity as the qualifying factor, every eight years, so as to offer opportunity to all Americans.  We  The G.O.P originally nominated George P. Bush but his ambiguous ethnicity disqualified him for this particular election; he’ll have his chance in 16 years.

Crazy?  One commenter thought I might have gone a bit too far:

There was a time when I was warned about my on line reputation. After reading this blog for the past couple of months I look tame.

race-neutral Presidential election? …Sheesha!

I’ll admit that I have an active imagination but sometimes life imitates art:

Voters in Port Chester, 25 miles northeast of New York City, are electing village trustees for the first time since the federal government alleged in 2006 that the existing election system was unfair. The election ends Tuesday and results are expected late Tuesday.

Although the village of about 30,000 residents is nearly half Hispanic, no Latino had ever been elected to any of the six trustee seats, which until now were chosen in a conventional at-large election. Most voters were white, and white candidates always won.

Federal Judge Stephen Robinson said that violated the Voting Rights Act, and he approved a remedy suggested by village officials: a system called cumulative voting, in which residents get six votes each to apportion as they wish among the candidates. He rejected a government proposal to break the village into six districts, including one that took in heavily Hispanic areas.

You just can’t make this stuff up….even when you try.

Declaration of Independence

Declaration of Independence

[Adopted in Congress 4 July 1776]


The Unanimous Declaration of the Thirteen United States of America

When, in the course of human events, it becomes necessary for one people to dissolve the political bands which have connected them with another, and to assume among the powers of the earth, the separate and equal station to which the laws of nature and of nature’s God entitle them, a decent respect to the opinions of mankind requires that they should declare the causes which impel them to the separation.

We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable rights, that among these are life, liberty and the pursuit of happiness. That to secure these rights, governments are instituted among men, deriving their just powers from the consent of the governed. That whenever any form of government becomes destructive to these ends, it is the right of the people to alter or to abolish it, and to institute new government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their safety and happiness. Prudence, indeed, will dictate that governments long established should not be changed for light and transient causes; and accordingly all experience hath shown that mankind are more disposed to suffer, while evils are sufferable, than to right themselves by abolishing the forms to which they are accustomed. But when a long train of abuses and usurpations, pursuing invariably the same object evinces a design to reduce them under absolute despotism, it is their right, it is their duty, to throw off such government, and to provide new guards for their future security. — Such has been the patient sufferance of these colonies; and such is now the necessity which constrains them to alter their former systems of government. The history of the present King of Great Britain is a history of repeated injuries and usurpations, all having in direct object the establishment of an absolute tyranny over these states. To prove this, let facts be Read more

Real Estate Declaration of Independence

I’ve been a bit quiet on BHB due to some personal issues I’ve been working through.  But, I was very happy to see Greg’s latest post on challenging everything!  I had a little holiday brainstorm today and wrote a post on my local Lake Chelan blog on a Real Estate Declaration of Independence for the consumers of services from Real Estate Professionals.

I want to share it here on BHB and get your thoughts on what I missed, should add or could have said better!  So, without further ado here is my Independence Week start to the Real Estate Declaration of Independence:

Real Estate Declaration of Independence

We, the people who buy and sell real estate, hold these truths to be obvious:

  • We the people believe that information on real estate for sale should be readily accessible without surrendering our private information.  We reject having to register on a web site in order to view listings in an area.  We value our time and will contact a real estate professional when we are good and ready for their services.
  • We the people reject all policies of the National Association of Realtors that are not in the best interest of the real estate buying and selling public.  Limiting our access to information, restricting our ability to a free and open market through regulation and limiting our market choices are all examples of policies we reject that are designed to line Realtors pockets at the expense of the public.
  • We the people reject “Dual Agency,” where a real estate agent has an inherent conflict of interest with his agency and fiduciary duties by attempting to Read more

So Simple Even a Realtor Can Do It? – Fishing In Wells

“So simple even a Realtor can do it.”

Our old friend Russell Shaw wrote a post recently in which he made use of that quote. It comes from the well known Gary Keller book, Millionaire Real Estate Agent. Though I’ve not read it, that quote alone got it on my to-do list, if only to see what other nuggets might be lurking within.

I understand the sentiment. Even if we assume the expertise and knowledge it takes to produce results for buyers and sellers, without the ability to get yourself in front of folks who have the option of tellin’ you to stick it, all your skills will go unused. The best fisherman in the world won’t catch fish #1 casting his line down a well. He tends to prefer plyin’ his talents where the fish are likely to congregate. Go figure.

We humans tend to pull the wool over our own eyes. Having a plausible, even credible sounding reason for consistent abject failure is key to maintaining our perfect record of failing for very solid reasons. You know, we may fail, but it’s never due to anything we’ve done or failed to do, right? Right.

Beginning last week I began knockin’ down dominoes launching my company’s new infrastructure/marketing/return to San Diego. I ‘left’ SD almost seven years ago, as income property there was for those who either didn’t know what they were doing, were unaware of outa town options, had simply given up — or all of the above. My assessment back then, and until recently, was that it was akin to fishing in a well — it might be relaxing, but you were still gonna be eatin’ beans for dinner.

One of the dominoes knocked down this Monday was reintroducing myself to the local Board of Realtors (gulp) and the MLS. I was pleasantly surprised to learn they’ve followed Phoenix’s lead and become Mac friendly. Also, don’t know when this started, but one must now click a fob to access the MLS now. I joined again cuz I needed other fishermen to know where my fish can be found. Read more

What Does “Primacy” Mean?

From Bloomberg News:

U.S. stocks tumbled yesterday after Germany’s announced its ban on naked short-selling. German Chancellor Angela Merkel said she will lobby governments to introduce a tax on financial markets, and for ratings companies to come under European supervision so governments regain “primacy” over markets. The euro is at risk and Europe may be facing its greatest challenge since the founding of the European Union, Merkel said

I boldfaced the word “primacy” because I believe it means “first in importance”.  Essentially, that means the State is upset because markets operate independently of government planning.  It sounds like Chancellor Merkel is trying to play with her superhero action figures again.  It won’t work; the markets are demanding competition among currencies to better reflect the risks and opportunites of sovereign nations.

It gets better:

“Policymakers are determined to protect the euro zone, and they have identified the financial markets as the key obstacle for stability, which implies risks of further regulation,” Erik Nielsen and Dirk Schumacher, economists at Goldman Sachs Group Inc., wrote in a report.

I boldfaced the phrase to show you how crazy this is.  Could you imagine the Yankees blaming the scoreboard as its key obstacle to victory?   None of this will work.  A competing global currency will re-emerge.  Then they’ll steal it.

Linking votes to taxes paid!

Think about this:

If one has no financial stake in our country, how much of a say-so should he have in its management? Let’s put it another way: I do not own stock, and hence have no financial stake, in Ford Motor Co. Do you think I should have voting rights or any say-so in the management of the company? I’m guessing that the average sane person’s answer is no.

Walter Williams is becoming one of my favorites.  He is certainly thought provoking.  The quote above is from an Investors Business Daily editorial by Walter Williams on Linking Voting Rights With Taxes Paid.

This week there has been a bunch of consternation in the press about 47% of the population not paying income taxes.  The question, Bloodhounds, is do you think “taxes paid in” or “ownership of real estate” or something else altogether would be a better way to encourage voters to support policies that strengthen and are good for the country rather than just protecting their handouts?

Simple Concept – Not So Simple To Execute – Grow a Pair

As if it happened yesterday, I remember having just began seriously bodybuilding with a (understatement) stern trainer, a world champ who had no patience for anything less than all-out effort. One day my partner and I were following the workout he’d given us, when our trainer, Gene, walked up without preamble. “This is a man’s gym. If you girls are gonna keep playin’ around, get outa here!” What? Huh?

From that day forward, my workout partner and I never gave less than 100% again, at least if Gene was in the same hemisphere. He was that scary, and we were, well, 16. Gene wouldn’t let us fail. Our goal was to end up competing — which we did about 30 months later. In that time we became the more or less adopted sons of nearly the entire gym population. Our growth musta been fun to watch. What I thought would take a few months though, took over two years to accomplish. The goal was met though, as we both competed, and credibly so.

One might think I’d of learned my lesson about goals through that experience.

Much is made of setting and achieving goals. Dad was a crazy-ass goal setter. The guy had the ability to set a goal, become Stephen King obsessed, yet without anyone knowing about it. Try that sometime. One day after his third Jack on the rocks at the Club, his friends got him to share with them the 10 year goal he’d set for his real estate company over five years earlier. They were dumbfounded, and proceeded to ‘let him down gently’ by explaining how he’d maybe been a mite too optimistic.

It wasn’t ’till almost a year later that he told them he’d already accomplished that 10 year goal a few months before the first conversation. He’d done what they told him was impossible to accomplish in a decade, in just over half the time.

Setting goals and achieving them are entirely different things, an understatement of which I’m sure you’re painfully aware. We’ve all learned that one the hard way, right? I sure did.

I’m putting Read more

I Bet Many of the Cool Kids Are On the Verge of Greatness

I’ve always loved the Cool Kids (CKs). I’ve never been a cool kid, but the kinda sorta quasi-cool guy who seemed to think differently, while simultaneously remaining under most folks’ radar. I’ve been the poster boy for Malcolm Gladwell’s 10,000 hours principle, which says we don’t become excellent at something ’till we’ve logged that many hours doing it. The CKs in the ethereal world of 2.0 real estate come and go, but the ones who’ve remained, some hangin’ by their fingernails, are the ones still puttin’ in those first 10,000 hours in the fields. That’s hopefully a diplomatic way of sayin’ they’re still mostly theoretically based and not so much empirically experienced — but gettin’ there.

A few of these CKs are gonna rise one morning realizing they’ve figured out where that last piece to their particular puzzle goes. When that happens we’ll all benefit wildly. ‘Till then? Let’s stop fallin’ in love with all the ‘can’t miss’ marketing ideas tossed at us as if they’re just as reliable as gravity and Grandma’s raisin-bran muffins. It just ain’t the case. If so, most of these kids would be livin’ the life of Steve Jobs, a CK himself, who actually put in the 10,000 hours and leveraged it to the max. Then he kept adding more 10,000 hour blocks to ensure the excellence of results.

What I’m tryin’ to say, and poorly at that, is that the CKs need to keep plowin’ their fields without ceasing. It’s like gettin’ in shape. You begin with a jelly belly and become discouraged after a week cuz you don’t look like Adonis yet. Rely on the universal principles at work — the most important of which is putting in your time. There’s simply no substitute for that part of the process. When working out consistently for a year, our jelly bellied friend is now slim ‘n trim, and wearin’ tank tops whenever possible. 🙂 Meanwhile, the others who haven’t unambiguously logged the hours, day in and day out, failed — but they’re still CKs, right? Maybe. Maybe not.

I’m about to complete my eighth 10,000 Read more