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So … How’s that been working for you?

Conventional wisdom is nearly always wrong. Take Warren Buffet, for example. When 99% of Wall Street investors believe it’s time to buy, he sells; when they’re selling, he’s buying. Against the grain. Always.

Real estate is no different. Nearly every agent uses the exact same pricing and selling strategies regardless of marketplace dynamics. And how’s that been working for you? Record high inventory levels and “days on market” times that are measured in months or even years instead of only days or weeks—that’s what conventional wisdom has gotten you.

So if you’ve got a property you need to sell, maybe you should consider abandoning the “norm” that clearly isn’t working. Maybe it’s time to be counter-intuitive. Maybe it’s time to go against the grain.

Maybe it’s time to call me. ;)

 
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Posted by on September 28, 2011 in Uncategorized

 

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Champagne For Sellers?

Listen carefully … Can you hear it?  That’s the slow stretching sound of a giant cork straining under tremendous pressure. But it’s not a champagne cork for sellers who are toasting higher prices, despite what you’re being spoon-fed by the media … or talking-point politicians … or even many misinformed and under-trained real estate agents.

Nope. That’s actually the sound of a marketplace on the verge of being flooded with tens of thousands of foreclosed properties (a.k.a. shadow inventory) that lenders have been holding back.  Until now.  And trust me, you don’t want to be caught with a property for sale when that cork finally pops!

ANY QUESTIONS? (Seriously, if you have private questions feel free to send a private message) … Cheers!

 
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Posted by on September 8, 2011 in Real Estate

 

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SHI*T HAPPENS

Whoops, minor *typo* in the title; I missed a letter.  It’s supposed to read: “SHIFT HAPPENS” … Not what you thought it said!  But that happens too … The point:  Change is a constant.  It’s inevitable.  You can crawl under a rock and hide, or you can embrace the chaos that sometimes occurs with change.

As it relates to the field of real estate, there’s been a shift … Duh, right?  Quoting my friend Nick Modarelli, “Despite all of the negative connotations associated with change, it does have at least one positive attribute that makes it worthwhile – even welcomed by the few who understand it.  Change always transforms the marketplace, which inevitably gives rise to a power wave of new and highly profitable niche opportunities.” **See below for how to obtain more information about Nick and his investment book.

So do you know what today’s opportunities are?  Or perhaps more importantly, do you have an agent who does?  And can your agent not only show you where those opportunities are, but also how you can best leverage them?  If not, did you know we can help you with that … no matter who or where you are?  Did you also know we’re not bound by ordinary obstacles like circumstance or geography?  It’s true.  That means even if you’re 2,500 miles away in Buffalo, New York and you’re trying to fix and flip a property while being plagued with credit issues and personal challenges (I know this because I’m helping a client do that right now), you can still come to us for assistance.

Look, you can never know too much; and I can never assume what you already know.  So there’s a simple, point-blank question that I’m going to be asking you again and again:  ”Did you know…?”

Get used to it.

Have a swanky day … LB

RECOMMENDED READING: ** “Full Frontal Real Estate Investing”, Nick Modarelli www.fullfrontalrealestate.com (Brace yourself; it’s wrapped in a risque PG-13 cover)

 
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Posted by on September 8, 2011 in Economic, Real Estate

 

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INTRODUCTION: I’d suggest buckling up …

As one of the general partners of RORG (Results Only Realty Group) within Intero Real Estate Services, this site will become another platform to share content, engage in discussion, and discuss relevant economic and political topics.

Feedback wanted, encouraged, & appreciated!  IF you think I’m going to be polite & tell you what you want to hear though, stop now and NEVER read anything from me again.  I am raw, real, honest, snarky, and will step on your toes.

Please let me know if you want to discuss anything in particular.  After all, this is your journey; I’m just along for the ride.

Have a swanky day,

LB

 
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Posted by on August 25, 2011 in Uncategorized

 

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