On bended knee: “May almighty god spare us from a world in which facts can be checked.”<\/p>\n
Catherine Reagor in today’s Arizona Republic<\/i><\/a>:<\/p>\n Check out the listings on homes: The phrase “motivated investor” describing the seller is pretty common.<\/p><\/blockquote>\n There are 46,680 active listings in the Arizona Regional Multiple Listings Service right now. This is a lot, close to double what would have been considered normal three years ago.<\/p>\n How many of those listings say “motivated investor”?<\/p>\n One.<\/p>\n You read that number right. Out of 46,680 active listings, precisely one says “motivated investor”. None of the homes currently under contract uses that language.<\/p>\n I looked at everything, as well, just for the sake of completeness. Out of about 840,000 total listings — active, pending, sold, cancelled, expired — how many say “motivated investor”?<\/p>\n Eleven. Total. Going back more than four years.<\/p>\n Why wouldn’t<\/i> a listing say “motivated investor” even if<\/i> the home is owned by a motivated investor? Because using that language would hand the buyer an untoward advantage. Without the seller’s written instructions, this would be an agency violation. It would be a wonderful, wonderful thing if real estate reporting were done by people who know something about the real estate business.<\/p>\n But how did Catherine Reagor get the idea that, “The phrase ‘motivated investor’ describing the seller is pretty common,” is something that can be found by checking out “the listings on homes” when this is in fact almost impossible to find in the MLS system?<\/p>\n I think she just made it up. How about you…? Technorati Tags: arizona<\/a>, arizona real estate<\/a>, phoenix<\/a>, phoenix real estate<\/a>, real estate<\/a>, real estate marketing<\/a><\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":" On bended knee: “May almighty god spare us from a world in which facts can be checked.” Catherine Reagor in today’s Arizona Republic: Check out the listings on homes: The phrase “motivated investor” describing the seller is pretty common. There are 46,680 active listings in the Arizona Regional Multiple Listings Service right now. This is […]<\/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":[6,5],"tags":[],"class_list":{"0":"post-226","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-marketing","7":"category-real-estate","9":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":515,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/515\/which-houses-will-sell-local-market-is-slow-but-not-on-life-support\/","url_meta":{"origin":226,"position":0},"title":"Which houses will sell?: Local market is slow but not on life support . . .","author":"Greg Swann","date":"October 6, 2006","format":false,"excerpt":"This is me from this morning's Arizona Republic, a kinder, gentler, less incendiary Greg. (Permanent link.) That marks a year of these columns, 52 on the nose. To tell the truth, I expected to get fired a long time ago. But, if they're not going to fire me, I wish\u2026","rel":"","context":"In "Marketing"","block_context":{"text":"Marketing","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/marketing\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":333,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/333\/ask-the-broker-why-would-an-mlsidx-system-forbid-commingling-with-listings-from-other-sources\/","url_meta":{"origin":226,"position":1},"title":"Ask the Broker: Why would an MLS\/IDX system forbid commingling with listings from other sources . . . ?","author":"Greg Swann","date":"September 14, 2006","format":false,"excerpt":"Giving my prominent proboscis a good hard tweak, a certain pseudonymous Scarlet Pimpernelesque semi-retired real estate weblogger asks: \"Are you trying to say that the MLS' are not fascist dictatorships???\" The question refers to a weblog entry I posted last night chastising Trulia Blog for hyperbole in its complaints about\u2026","rel":"","context":"In "Ask the Broker"","block_context":{"text":"Ask the Broker","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/ask-the-broker\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":23,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/23\/an-open-letter-to-dr-jay-butler-of-the-arizona-real-estate-center-at-asu\/","url_meta":{"origin":226,"position":2},"title":"An open letter to Dr. Jay Butler of the Arizona Real Estate Center at ASU","author":"Odysseus","date":"December 7, 2005","format":false,"excerpt":"Dr. Butler, I saw this on money.cnn.com:A researcher at Arizona State University told the paper that in the hot market of Phoenix, as many as 30 percent of the properties for sale on the market right now are owned by investorsThey were referencing this quote from the Wall Street Journal:In\u2026","rel":"","context":"In "General"","block_context":{"text":"General","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/general\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":503,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/503\/the-bloodhoundblog-valuation-challenge\/","url_meta":{"origin":226,"position":3},"title":"The BloodhoundBlog Valuation Challenge . . .","author":"Greg Swann","date":"October 3, 2006","format":false,"excerpt":"Here's a cute little game for people who think they know a thing or two about real estate... I'm looking at houses for an investor client who is also a close friend of the family. He picked out a house he was interested in, and, as a matter of course,\u2026","rel":"","context":"In "Marketing"","block_context":{"text":"Marketing","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/marketing\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":9583,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/9583\/drivebuy-listings-plug-n-play-procedure-knock-out-presentation\/","url_meta":{"origin":226,"position":4},"title":"DriveBuy listings: Plug-n-play procedure, knock-out presentation","author":"Greg Swann","date":"August 21, 2009","format":false,"excerpt":"We use the term \"drive-by listing\" to refer to the kind of listing you get with almost no human contact: \"The key's under the doormat. Look it over and tell me what we can get. Email me the paperwork.\" I have five of these right now, investor-specials that came in\u2026","rel":"","context":"In "Flourishing"","block_context":{"text":"Flourishing","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/flourishing\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":9206,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/9206\/now-could-be-a-good-time-to-buy-a-top-notch-home\/","url_meta":{"origin":226,"position":5},"title":"Now Could Be A Good Time To Buy A Top-Notch Home","author":"Doug Quance","date":"July 17, 2009","format":false,"excerpt":"Some Well-Maintained & Updated Homes Are Better Values Than Foreclosures When all of the comparable homes in an area are foreclosures and short sales, you could get a really good deal on the nicer, well-maintained and updated homes. A broker recently called me regarding one of her listings. It's a\u2026","rel":"","context":"In "Real Estate"","block_context":{"text":"Real Estate","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/real-estate\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/226","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=226"}],"version-history":[{"count":0,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/226\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=226"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=226"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=226"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n<\/p>\n