Welcome to Angela’s Eye On v2.0!
Thank you for the return visit and welcome back. As some of us still reel at witnessing what seems like the very foundations of business, banking and society crumble, I find people acting much more reactively and basing those actions out of fear. Fear of scarcity, fear of change, fear of what is different or outside their comfort zones.
And as we all know, the results of fear are usually far worse than the actual object of that fear. Further exacerbating this state of affairs is the certainty that we as a community, a society, as a nation have not yet seen the inhospitable climate having bottomed out. Which in turn fuels more fear.
On my beat, I see this fear rearing its head when the seller believes the only reason four real estate agents advised him his house will only fetch $100,000 less than the number in his head because there is a conspiracy of agents and buyers working to get his pride and joy on the market at a fire sale price, while the buyer who wants to write up an offer at 20 cents on the dollar is convinced agents and sellers are in cahoots to force her to overpay for a home she’s not convinced won’t be worth less than those 20 cents on the dollar the same time next year. All of which perpetuates an environment of distrust and isolationism.
Add to this my annoyance with some in my industry whose questionable choices of business practices whether intentional or because they’re so damned ignorant not don’t help matters and in some instances actually do harm. Don’t get me wrong; we are for the most part an amiable group who enjoy good professional relations, but just as in every profession including yours i’m sure, there’s always the few bad apples.
So I felt a slight tweak in direction was in order so as to better serve as a resource and watchdog. In addition to to sound analysis of housing statistics, overview of local market offerings and activity, useful links and related articles on products, services, gadgets and technology that can be of use you’ll find sprinkled in here and there definitions of colloquial terms and acronyms real estate agents use, a heads-up on why that deal the real estate agent offered you may not as sweet as you had thought, and how to separate the wheat from the chaff. Because as the old saying goes, forewarned is forearmed. If, as you navigate through the site you find your question is not answered, please do feel free to post a comment or dash off an email to me.
