There’s always something to howl about.

Month: December 2007 (page 7 of 9)

Happy Homeowners Act of 2008

I’m thinking of getting into politics. I’ve been watching testimonies, from both sides of the aisle, about the credit crunch and impending doom of mass foreclosures. I figured out the problem:

The housing prices were too damned high.

Now, my stance, to this point, has been pretty clear; let the market act as markets do, with commensurate consequences to each and every market participant. Lenders and borrowers lose. Lenders lose money, and borrowers lose the freedom to buy another home, with the use of a mortgage, for a period of 4-6 years. (remember that statement)

As I’ve said, I’m thinking of getting into politics so that straight talk and libertarian approach is somewhat unacceptable in the vote-seeking game. I think I need to find a solution that will put me in a picture, alongside Hillary, Arlen, Barney, and Hank. My solution may also fire a shot across the bow of our economic enemy, China; that’s just a bonus for the cold warriors among us.

The Happy Homeowners Act of 2008 understands that foreclosures are far reaching in their devastating effect. They leave homes vacant in neighborhoods, they attack the esteem and morale of the borrowing family, and what is often left unsaid, they whack the investors’ principal. Talking heads have said that the homeowners just want to live in peace and harmony, in their slice of the American Pie. So… here’s my proposal:

Mark to the Market or yell “do over”. We’re all in this together, right?

1- Homeowners overpaid for their homes. Those homes are worth some 20% less than what they paid for them. The investors will take a loss of 20% (or more) should they proceed with foreclosure…so…just take the loss today. Reset the loans to a loan amount the borrower really can afford.

2- Investors will lose money but can recoup some of those costs from the market participants that profited. Real estate brokerages, mortgage brokerages, originating lenders, servicers, Wall Street securitizers, appraisers, home inspectors, stagers, and everyone who made a dime off the transactions during the “excessive period” Read more

Web site demonstrates how much goes into staging a home for sale

This is my column this week from the Arizona Republic (permanent link):

 
Web site demonstrates how much goes into staging a home for sale

Week after week, I hammer away on the idea that the only homes that will sell in our current market are the ones that are priced right, prepared right and presented right.

But here’s an unwelcome fact about the real estate market: Home-sellers can be bull-headed. I don’t know how many times I’ve had sellers tell me all about what is wrong with the other houses for sale in their neighborhood.

My answer? I agree. But we’re not talking about those houses. We’re talking about what it will take to sell the sellers’ house.

And that’s when I get to hear about all the improvements the sellers have made — some of which are actually worth what they think they’re worth.

But what I really want is for my sellers to look at their own home with the same critical eye they bring to the neighbors’ homes. It’s motes and beams, surely, but seeing your home through a buyer’s eyes is a very instructive exercise.

It’s fun for me, because one of the things I tell sellers is, “You know what’s wrong with this house. You know exactly what you would frown over — or your mother-in-law would frown over — if you were seeing this home for the first time. Those are the issues we need to address before we can try to sell this house.”

This is the threshold of staging, which entails a lot more, in most cases, than laying out a few decorator items. A home that is prepared for sale is in complete turn-key condition, with no obvious defects left uncorrected.

One of our listings in North Central Phoenix just sold. We made a before-and-after record of the staging process, so you can see what we’re aiming for. You can view this demonstration by clicking here.

Staging is all the rage right now, and preparation is only one part of a sound marketing plan. But staging is a wasted effort if the home is dirty or in palpable disrepair. Our slide show Read more

Want to bribe your way to the top of the Google rankings?

If you read biographies of great filmmakers, you’ll find they all started out like this: Pulling goofy impromptu stunts and committing them to film. Here are the boys from Reachd.com, Vancouver SEO mechanics, trying to bribe Matt Cutts for a page one ranking:

Reachd actually made more than a dozen serious films during their time at PubCon. You can find those by clicking here.

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Unique Opportunity for Realtors

The 2008 Super Bowl is in Arizona this time. And this creates a unique opportunity for Realtors. I hadn’t realized it until I received this email from Terry Day.

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From: Terry Day [mailto:perfecthome4u@gmail.com]

Sent: Friday, December 07, 2007 9:01 PM
Subject: Please Help – 2008 Superbowl

To all my friends and those in the grasp of this email I NEED YOUR HELP!

I have a really fun, honest and exciting way for you to earn some GREAT MONEY, and make some great contacts during the SuperBowl this January and February. I, like many of you also hold my AZ real estate license and know that quick cash can be very beneficial for you and your families.

The opportunity is to earn a minimum of $1300 in one week driving a Lincoln Towncar or stretch limousine. My client needs 500 drivers, with a clean criminal background, clean driving record, and that can pass a drug test. The company will provide you with a car for the week, a credit card for gas, and a means of contact i.e. a cell.

Last year in 2006 the top driver earned $3300 and the average minimum was around $1300.

Of course folks these numbers do not include cash tips. The drivers that perform the best get more trips, and get much, much, more money.

If you could help I really need you to forward this to your contact list. I need to hire 500 drivers in the next 35 days. Please help me….

This Superbowl here in Glendale is going to be phenomenal. Now lets get our friends and make some money for everyone. The actual driving assignments will be between Wednesday, January 30 2008 and Wednesday February 6th 2008.

Sincerely,

Terry L. Day

Cell – 602-526-0334

Phoenix AZ 85034

Ofc 602-252-3442

Please help, apply and send to your friends.

Thanks

Terry

DPR Realty
Terry L Day
Direct: 602-526-0334
EFAX 480-287-9613

 

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I had this link at the top with his name but I liked it so much, I wanted to include it again. Here is the only website I could find for Terry. He doesn’t say (so I have to assume it is alright) that you have to live here in the Phoenix area to apply. As he Read more

Are Bloggers and Social Media getting too much credit in Search Engines?

I am sitting in Las Vegas right now at the close of PubCon, a Search Engine marketing conference produced by Webmasterworld. I am tired (exhausted actually), but very satisfied with the past few days and what I have learned and who I have been able to get to know better. In an hour or so, I will board a plane and hopefully get some rest..
In my sleep deprived state, my mind is mulling over a question that someone (an SEO focused someone) asked me this week. Are bloggers getting too much credit from Search Engines? Actually, they were quite prepared to make the case that there in fact was an overabundance of credit to bloggers.

First off, I consider myself a proud member of BOTH the SEO crowd and the blogger crowd. I think there is a nexus between them. Always have. As I thought through the case this gentleman was making, my mind flipped back to Greg and Brian’s recent podcast that mentioned the subject. I am paraphrasing here, but in essence Greg said the same thing. That it will at some point flip back to where less creedence is given to bloggers in the search engines.

Hmmm…so bloggers think they are getting more than they deserve and SEO focused folks think the same thing. Can I offer a different possible reality?

 I think the search engines have it right.

Why?

Principle #1: They are in the business of providing relevance to their customers (visitors).

Principle #2; If they do not provide relevant search results their search engine loses traffic quickly. Really quickly.
So what constitutes relevance? I would assert that it includes BOTH of the following:

1) information that is about the subject matter being searched for. (i.e. when I Google “widget modification techniques” I get information about how in fact can modify widgets.

2) And here is the kicker…relevance also includes TIMELINESS. In today’s world that is becoming an increasingly important element of relevance. This means that we want the LATEST information on widget modification techniques and not a page that may have been indexed 2 years ago…

If you agree with these principles and premises then isn’t Read more

News so timely you can set your hourglass by it

Remember, it ain’t news until it’s been processed by a professional.

For all us amateurs out there: If you missed out on something that happened a week ago, you can pretty much figure everyone who cares already knows.

And a note to the self-professed professionals: We already know you’re not paying attention. You don’t have to paint a target on your forehead.

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Noodlin’ around with Social Media

Teri Lussier loves Twitter so I’ll give it a shot

That was my “Hello World” last night on Twitter.

At the 2007 Star Power conference in Phoenix I learned about Jott, the safe and legal way to text message while you’re driving; so when I noticed Greg using it to send himself a reminder, I signed up, too. This is a tool that has really come in handy. When my dad was still alive he would tease my eighteen year old niece and me about text messaging. He couldn’t understand why anyone would prefer something so clumsy over simply using that cell phone to talk. But there are times when text messaging is more appropriate — for example, when the timing of your message might be an inconvenient interruption for the person who you telephone. You may want to connect with someone in a more passive way. You’re not disturbing them like you might be doing with a phone call, but your message is more intimate, direct, immediate than email. My dad was right… texting manually can be clumsy, tedious. And what do you do when you’re driving? Here’s where Jott is champ. I hold down the J key on my Treo, tell Jott I want to jott Cindy Client, say “please call Cathleen when you’re free to talk,” and hang up. My voice is transcribed to text and that’s sent to Cindy Client’s phone as a text message.

I know I’m behind the times… as long ago as last month blogs were abuzz with the cool ways the cool people at the NAR convention were mashing up Jott and Twitter and Utterz and WordPress. And here I was, like my dad when he was questioning texting: Why use Twitter? How will that help me, my family or my business? Since last night, when I signed up on Twitter, I’ve connected in a different way with people whom I’m already reading and feel kin to by blogging. And I’m not sure yet whether this Twitter-difference is better. It’s not as though I’m going to save any time by reading a 140-character version of Read more

Seth unchained: Getting permission to put yourself beyond competition

Another way of understanding the unchained idea is to envision a world (I call it yesterday) where marketers avidly sought ways to tie down consumers — with tricks, with lies, with a lack of alternatives. Consumers have broken those chains. That world is gone.

Here is Seth Godin talking about what will replace it:

The defectors know something you don’t. The defectors know that if they hurry, they can build a new monopoly, a monopoly you don’t control. They know that they can build a direct and long-term relationship with the end user, one that will survive competitive incursions and will last a long time. If they hurry.

And so, learn from these folks. You should hurry. You must hurry. If you understand that the game is radically and permanently being changed, you can go out today and start building mutually beneficial relationships with your listeners/readers/watchers. You can offer these folks something of value in exchange for their attention. You can then build a new monopoly.

More:

You have a relationship. You understand that every interaction has to benefit BOTH of you or the relationship is over. If you’re going to build a monopoly on consumer attention, you’ll need to do the same thing.

Here’s how I boil it down to as few words as possible:

  • 1. Make it easy for your happy users to tell as many of their friends as possible.
  • 2. Give away free samples early and often.
  • 3. Get permission from anyone who likes what you do to follow up with anticipated, personal and relevant messages that benefit both of you.
  • 4. If this requires changing what you make and what you charge for, fine.
  • 5. If steps 1,2, 3 and 4 mess up your current business model, fine.

The article is about the mainstream media monopolies, but it’s directly apposite to the real estate industry. Read the whole thing.

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Niche Marketing – What a concept!

Do you have a “macro-niche within a niche“?

Do I need one?

It’s something to think about. No, not becoming a nudist Realtor® (thank goodness – that could get ugly), but finding your distinct value proposition. How about the music business? By combining your non-real estate expertise with your real estate knowledge, you can become the defacto specialist within a very small but lucrative sphere.

My non-real estate expertise… hum. Well, there is the really good Chicken Divan I made last night. “The Agent for People Who Like Do-Ahead Casseroles”. Nah, that doesn’t really speak to me. How about my prowess with a glue gun? “Your Crafty Realtor®!” On second thought, that probably wouldn’t work. Double-entandres can backfire.

Okay, then. I have given this proposition a lot of thought (a lot of thought = one cup of coffee) and have come up with an untapped yet potentially lucrative niche on which I will focus my efforts in 2008.

I am going to marry the concepts of making a living in representing people in the purchases and sales of homes and earning a living doing same. Earn a living? Crazy talk, you say. Isn’t it enough that I like floppy hats and the letter “E” (uppercase only), and you do too? This is a business of relationships!

Shticks are for those who seek unearned income. Gimmicks are for those don’t place much value in their actual services and are surprised when the consumers don’t value their services as a result. Stupid agent tricks are for stoopid agents who don’t respect their client base enough to know that the vast majority want the best person for the job at the best value. Attila the Hun would have market share today if he could demonstrate superior skills and a history of superior results. Although, I suppose the Huns could be considered a macro-niche within a pillaging, nomadic niche.

I think, I know, I am pretty good at what I do. I also know that after eleven years in the business, I don’t know everything, I haven’t seen everything, and I likely never will. I suspect even Russell Shaw would admit to Read more

Dancing on bridges? Watch as a master masters the steps

I mentioned Dancing on bridges earlier tonight. This is one of my favorite posts, and, I think, my best explication of how weblogging works as art.

Richard Riccelli is never less than stunning at anything he does, so it’s no surprise that he should write so well at his new weblog. Go see the man at his best. And, to think, he’s just getting started…

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Unchained melodies: The streets is where I dance . . .

This is a Teri and Greg mash-up, which is appropriate. It was Teri who first brought up the idea of musical themes for Unchained. At that time, I wrote this to her in email:

Here is why I like Unchained:

  • The idea of free or even feral dogs
  • Unleashed implies has-been-leashed or will-be-leashed-again, but unchained can suggest never-having-been-chained
  • Again unlike unleashed, unchained has connotations of human slavery or imprisonment, and hence manumission or liberation
  • The word looks and sounds hard and edgy, promoting a hard and edgy graphic representation

These metaphors are not new to me, nor is the metaphor of dancing. I don’t actually care about dancing, but I care a lot about metaphors.

Teri cares about dancing, though, so we start with this, Fred and Ginger, George and Ira and all that jazz:

I like that talented-nebbish-gets-the-girl thing, and I like the idea of people growing into their own moral authority, and who better to express those ideas in dance than… Jim Carrey…

Finally there’s this, from the King of Soul, James Brown:

Teri found a better version, but it can’t be embedded.

Are you dancing to a different beat? Tell us what we’re missing — but be patient. I have dozens of tunes on queue and it will take a while to get to them all.

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Compassionate Conservative or Banana Republican?

I have a tremendous admiration for George W. Bush, the President of the United States. My reasons are legion, and the rest of America will have to wait for historians to explain to them just what a great man they have so completely scorned in their well-scored chorus. But Phil Boas of the Arizona Republic gave us all sufficient reason to revere this president in just a few words:

American presidents for three decades have kicked the can of global terror down the road for some other poor sucker to deal with. George W. Bush did not. And that’s why, even when it’s utterly unfashionable to say so, I still greatly admire his leadership and courage. Thank you, President Bush.

Even so… The man is a politician, a currier of favor and a courier of tyranny. “No child left behind” will assure that no poor child will ever again get ahead. The Patriot Act should give nightmares to any patriot who can envision yet another President Clinton. Government never grows so large as it does under the cultivation of allegedly anti-government Republicans. And now… Full-blown Banana Republican bail-outs, as a reward for financial error.

From Cafe Hayek:

Today’s Washington Post brings a nice example:

“President Bush will announce this afternoon an agreement with major mortgage firms to freeze interest rates for five years for financially troubled homeowners — a plan advocates say will help forestall a major foreclosure crisis but some conservatives say amounts to a bailout of people who made bad financial decisions.”

Bush, the so-called conservative who supposedly believes in the "ownership" society where people take responsibility for their own actions and act responsibly because they bear the costs and reap the benefits, is going to bail out people who acted irresponsibly. I love the end of the WaPo quote—"some conservatives say." The implication is that other conservatives and liberals disagree. But isn’t it a bail out of people who made bad financial decisions? Would anyone disagree?

I like this part, too:

“But it appears no tax dollars will be used to subsidize the freeze on interest rates. That cost would be borne primarily by lenders and Read more

Unchained melodies: It’s all right, Ma, it’s only Dylan

Someone suggested Positively 4th Street, but that’s much too cruel. These clips all come from the deluxe edition of D. A. Pennebaker’s Don’t Look Back.

Johnny Cash’s cover of It ain’t me, babe is used to huge advantage in the Cash biopic, Walk the line.

It’s all over now, baby blue is another one that gets covered a lot.

Here’s a tune that no one covers: It’s alright, Ma (I’m only bleeding)

Darkness at the break of noon
Shadows even the silver spoon
The handmade blade, the child’s balloon
Eclipses both the sun and moon
To understand you know too soon
There is no sense in trying.

Pointed threats, they bluff with scorn
Suicide remarks are torn
From the fool’s gold mouthpiece
The hollow horn plays wasted words
Proves to warn
That he not busy being born
Is busy dying.

Temptation’s page flies out the door
You follow, find yourself at war
Watch waterfalls of pity roar
You feel to moan but unlike before
You discover
That you’d just be
One more person crying.

So don’t fear if you hear
A foreign sound to your ear
It’s alright, Ma, I’m only sighing.

As some warn victory, some downfall
Private reasons great or small
Can be seen in the eyes of those that call
To make all that should be killed to crawl
While others say don’t hate nothing at all
Except hatred.

Disillusioned words like bullets bark
As human gods aim for their mark
Made everything from toy guns that spark
To flesh-colored Christs that glow in the dark
It’s easy to see without looking too far
That not much
Is really sacred.

While preachers preach of evil fates
Teachers teach that knowledge waits
Can lead to hundred-dollar plates
Goodness hides behind its gates
But even the president of the United States
Sometimes must have
To stand naked.

An’ though the rules of the road have been lodged
It’s only people’s games that you got to dodge
And it’s alright, Ma, I can make it.

Advertising signs that con you
Into thinking you’re the one
That can do what’s never been done
That can win what’s never been won
Meantime life outside goes on
All around you.

You lose yourself, you reappear
You suddenly find you got nothing to fear
Alone you stand with nobody near
When a trembling distant voice, unclear
Startles your sleeping ears to hear
That somebody thinks
They really found you.

A question in your nerves is lit
Yet you know Read more

Dave Barry, Loser

Dave Barry, the inveterate suer of all things MLS, has lost. Again.

After having failed to get his Open MLS initiative on the 2007 Maine ballot, he said this in February of this year:

Early returns from an initial 2 month effort to collect signatures for the Maine Open MLS Initiative show it heading toward being the most popular initiative in Maine history, with over 80% voter support. To date 14,000 of 55,087 required signatures have been collected.

Upon collecting 55,087 signatures, the Open MLS Initiative will appear on the Maine ballot for the November 2008 election.

Right. 

Inman reports he’s walking away from the effort.  Apparently Maine voters are a bit skeptical of putting someone’s career ambitions up to a popular vote.

There will be a tendency of MAR to take credit due to their $200 special assessment.  No.  It failed because it was a seriously dumb idea badly written, and people are much more discerning than we sometimes give them credit.

Incidentally, Barry is for the time being retiring from the suing and initiative grind to concentrate on a providing agents and consumers a new lead generation system.

Can. Not. Wait.