{"id":17137,"date":"2020-09-25T07:00:08","date_gmt":"2020-09-25T14:00:08","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=17137"},"modified":"2020-09-25T07:00:08","modified_gmt":"2020-09-25T14:00:08","slug":"overnight-news-hey-be-nice-dont-poke-the-pooh-bears-theyve-got-big-money-to-lose-and-you-can-help-them-squander-it","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/17137\/overnight-news-hey-be-nice-dont-poke-the-pooh-bears-theyve-got-big-money-to-lose-and-you-can-help-them-squander-it\/","title":{"rendered":"Overnight News: Hey! Be nice! Don\u2019t poke the Pooh bears! They\u2019ve got big money to lose \u2013 and you can\u00a0help them squander\u00a0it!"},"content":{"rendered":"<p><div id=\"attachment_16586\" style=\"width: 310px\" class=\"wp-caption alignright\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-16586\" class=\"size-medium wp-image-16586\" src=\"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage-300x225.jpg\" alt=\"Ya think it's easy?\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage-300x225.jpg 300w, https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage.jpg 320w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><p id=\"caption-attachment-16586\" class=\"wp-caption-text\">\u201cWe have alpacas in our neighborhood, but I&#8217;d just as soon break into the fridge.\u201d<\/p><\/div>For all of me, I prefer to think of iBuyers as whales, the very rich dumbasses who unknowingly fund the entire gambling ecosystem. But bears works, too \u2013 poorly-adapted, slow-witted, no match for three or four smart dogs working together. When they get lost and wander down into the desert, they leave nothing but sun-bleached skeletons behind.<\/p>\n<p>So, yeah: Poke! Do your worst, Pooh bears. Your wins are imaginary. Your losses are legion \u2013 so far.<\/p>\n<p><strong><em>Yesterday on BloodhoundBlog:<\/em><\/strong><\/p>\n<p><strong>Eric Blackwell:<\/strong> <a href=\"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/17116\/zillow-whatever-you-do-dont-poke-the-bear-lol-poke\/\" target=\"_blank\" rel=\"noopener noreferrer\">Zillow: Whatever you do. Don\u2019t poke the bear. Lol. Poke!<\/a><\/p>\n<p><strong>Brian Brady:<\/strong> <a href=\"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/17130\/mortgage-refinancing-and-forbearance-three-balls-you-walk-one-strike-and-your-out\/\" target=\"_blank\" rel=\"noopener noreferrer\">Mortgage Refinancing and Forbearance: Three Balls, You Walk, One Strike, You\u2019re Out.<\/a><\/p>\n<p><strong><em>As for the rest of the world&#8230;<\/em><\/strong><\/p>\n<p><strong>Redfin:<\/strong> <a href=\"https:\/\/www.redfin.com\/blog\/us-home-prices-up-14-percent\/\" target=\"_blank\" rel=\"noopener noreferrer\">Home Prices Just. Keep. Climbing. National Median Now Up 14% from Last Year.<\/a> CTRL-F &#8216;riot&#8217;; not found.<\/p>\n<p><strong>CNBC:<\/strong> <a href=\"https:\/\/www.cnbc.com\/2020\/09\/24\/coronavirus-new-home-sales-crush-expectations-but-the-supply-is-running-out.html\" target=\"_blank\" rel=\"noopener noreferrer\">New home sales crush expectations, but the supply is running out.<\/a> CTRL-F &#8216;riot&#8217;; not found.<\/p>\n<p><strong>Redfin:<\/strong> <a href=\"https:\/\/www.redfin.com\/blog\/new-home-construction-august\/\" target=\"_blank\" rel=\"noopener noreferrer\">New-Construction Home Listings Drop 4% in August, Reversing Course From July\u2019s Rebound.<\/a> CTRL-F &#8216;riot&#8217;; not found.<\/p>\n<p><strong>SFGate.com:<\/strong> <a href=\"https:\/\/www.sfgate.com\/living-in-sf\/article\/San-Franciscans-are-jumping-at-an-offer-of-10k-15591762.php\" target=\"_blank\" rel=\"noopener noreferrer\">Bay Area applicants flood program that pays them $10,000 to leave California.<\/a><\/p>\n<p><strong>Fox News:<\/strong> <a href=\"https:\/\/www.foxnews.com\/politics\/gun-sales-swing-states-presidential-election\" target=\"_blank\" rel=\"noopener noreferrer\">Gun sales in major swing states up nearly 80% this year: Will it have any bearing on election outcome?<\/a><\/p>\n<p><strong>The Daily Signal:<\/strong> <a href=\"https:\/\/www.dailysignal.com\/2020\/09\/22\/public-schools-across-country-promote-black-lives-matter-organize-protests\/\" target=\"_blank\" rel=\"noopener noreferrer\">Public Schools Across Country Promote Black Lives Matter, Organize Protests.<\/a><\/p>\n<p><strong>TaxProf Blog:<\/strong> <a href=\"https:\/\/taxprof.typepad.com\/taxprof_blog\/2020\/09\/welcome-to-the-turbulent-twenties.html\" target=\"_blank\" rel=\"noopener noreferrer\">Welcome To The Turbulent Twenties.<\/a><\/p>\n<p><strong>Anchorage Daily News:<\/strong> <a href=\"https:\/\/www.adn.com\/alaska-news\/anchorage\/2020\/09\/23\/brown-bear-breaks-into-alaska-zoo-kills-alpaca-named-caesar\/\" target=\"_blank\" rel=\"noopener noreferrer\">Brown bear breaks into Alaska Zoo, kills alpaca named Caesar.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u201cWe have alpacas in our neighborhood, but I&#8217;d just as soon break into the fridge.\u201dFor all of me, I prefer to think of iBuyers as whales, the very rich dumbasses who unknowingly fund the entire gambling ecosystem. But bears works, too \u2013 poorly-adapted, slow-witted, no match for three or four smart dogs working together. When [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[29,542,26,6,5,19],"tags":[],"class_list":{"0":"post-17137","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-group-therapy","7":"category-ibuyers","8":"category-lending","9":"category-marketing","10":"category-real-estate","11":"category-technology","13":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":17156,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/17156\/unchained-melodies-music-to-poke-pooh-bears-by\/","url_meta":{"origin":17137,"position":0},"title":"Unchained Melodies: Music to poke Pooh bears\u00a0by&#8230;","author":"Greg Swann","date":"September 26, 2020","format":false,"excerpt":"As you may have noticed, I am a student of artistic categories no one else knows anything about. In celebration of The Incumbent's jump into the big game, where it has no one but itself to blame for its consistently abysmal \"investment\" results, here is a very sparse but very\u2026","rel":"","context":"In &quot;Group Therapy&quot;","block_context":{"text":"Group Therapy","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/group-therapy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/img.youtube.com\/vi\/OZWgadswjmk\/0.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":17195,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/17195\/apparently-opendoor-and-zillow-and-knock-and-flyhomes-and-offerpad-have-been-wasting-hundreds-of-millions-on-all-those-data-scientists-and-compsci-ph-d-s-from-stanford\/","url_meta":{"origin":17137,"position":1},"title":"\u201cApparently, Opendoor and Zillow and Knock and Flyhomes and Offerpad have been wasting hundreds of millions on all those data scientists and CompSci Ph.D.\u2019s from Stanford.\u201d \u2013Rob Hahn","author":"Greg Swann","date":"September 29, 2020","format":false,"excerpt":"That sounds right to me. ;) The waste is not their salaries but the financial havoc they wreak as the very-most-backseat of drivers. That is to say, iBuyers suck at real estate investment, and their hubris prevents any sort of improvement. Yes, I'm Trump-quoting real-estate consultant The Notorious Rob for\u2026","rel":"","context":"In &quot;Blogging&quot;","block_context":{"text":"Blogging","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/blogging\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/09\/anton-darius-WoRuw4l2Xyo-unsplash-411x480.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":17160,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/17160\/overnight-news-california-ghouls-what-has-grasshopper-government-begot\/","url_meta":{"origin":17137,"position":2},"title":"Overnight News: California ghouls? What has Grasshopper government\u00a0begot?","author":"Greg Swann","date":"September 27, 2020","format":false,"excerpt":"\u201cCalifornia Dreamin\u2019\u201d of what, precisely? Sad to say, the Golden State is badly tarnished. The good news? The Ants will emigrate. Forbes: Here\u2019s Why The California Real Estate Market Is Hot. CTRL-F 'riot'; not found. Amy Alkon: L.A.\u2019s Failed Homeless Policies Turned My Home Into a Prison. New York Post:\u2026","rel":"","context":"In &quot;Group Therapy&quot;","block_context":{"text":"Group Therapy","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/group-therapy\/"},"img":{"alt_text":"Ya think it's easy?","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage-300x225.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":18590,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/18590\/overnight-news-gaming-artificial-intelligence-is-as-easy-as-selling-your-white-elephant-to-an-ibuyer\/","url_meta":{"origin":17137,"position":3},"title":"Overnight News:  Gaming \u201cArtificial Intelligence\u201d is as easy as selling your white elephant to an\u00a0iBuyer.","author":"Greg Swann","date":"November 10, 2021","format":false,"excerpt":"Here's a true fact about iBuying: The sellers are gonophs. Home-sellers are often gonophs, of course, and, even if not, the information asymmetry runs all their way: Neither your Buyer's Agent nor your home inspector is likely to identify that semi-annual drainage problem. But many of the sellers who turn\u2026","rel":"","context":"In &quot;Group Therapy&quot;","block_context":{"text":"Group Therapy","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/group-therapy\/"},"img":{"alt_text":"Ya think it's easy?","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage-300x225.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":17116,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/17116\/zillow-whatever-you-do-dont-poke-the-bear-lol-poke\/","url_meta":{"origin":17137,"position":4},"title":"Zillow: Whatever you do. Don&#8217;t poke the bear. Lol. Poke!","author":"Eric Blackwell","date":"September 24, 2020","format":false,"excerpt":"It has been 8 years since I have regularly blogged here. During that time I have learned a lot, broadened what I do, and instead of working as an SEO constultant, I am working full time as the Director of Online Marketing with The Real Estate Group in Chesapeake VA.\u2026","rel":"","context":"In &quot;iBuyers&quot;","block_context":{"text":"iBuyers","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/ibuyers\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/09\/marc-olivier-jodoin-sI2Dz2dacGI-unsplash-384x480.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":17336,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/17336\/the-ibuyers-are-super-good-at-mulcting-buyers-agents-with-science-thats-why-they-cant-price\/","url_meta":{"origin":17137,"position":5},"title":"The #iBuyers are super good at mulcting buyer\u2019s agents with science. That\u2019s why they\u00a0can\u2019t\u00a0price.","author":"Greg Swann","date":"October 20, 2020","format":false,"excerpt":"Mike DelPrete is worth reading, so long as you understand that, like The Inglorious Knob, he is one with The Borg. Just lately I mentioned that the iBuyers in Phoenix are nicking buyer's agents for commission \u2013 which is just the kind of dick move you expect from financially-inept sociopaths.\u2026","rel":"","context":"In &quot;Group Therapy&quot;","block_context":{"text":"Group Therapy","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/group-therapy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/10\/aidan-bartos-v9rZ3Yz6fSg-unsplash-1-480x320.jpg?resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/17137","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/comments?post=17137"}],"version-history":[{"count":4,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/17137\/revisions"}],"predecessor-version":[{"id":17141,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/17137\/revisions\/17141"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=17137"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=17137"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=17137"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}