How I stole a house in 1996:
The year was 1996 and willy nilly I found myself thrown into the housing market. There were no incentives out there, no $8000 tax credits, interest rates were hovering between 7-8%. The country was MIRED in a real estate recession that seemingly had no end.
this is one of those markets where unrealistic expectations are not limited to one side of the transaction. Fueled in part by media reports filled with sturm und drang (storm and stress) many buyers have confused a buyer's market with a fire sale.
Yesterday I showed a foreclosure. Until fairly recently, Westchester hasn't witnessed much in the way of "underwater" home ownership. We've always had our share of foreclosures, but they were far from commonplace.
There is a body of opinion within the industry that shares some of the concerns regarding real estate agent education that I brought up in my post. The issues have been out there and are under continuous debate. So please don't shoot the messenger.
But recently I ran into an agent that had the following designations on her card ...."Sally Smith, ABR, GRI, CDPE, CRS, & EPro." Ya gotta be kidding me! This person has more designation letters then letters in their name.
One of the reasons I don't have a photo on my business card or web site is because agent photos have gotten so ridiculous. I'm firmly convinced that if I put my 45-year-old mug on a card, people would automatically think I was 80 years of age. After all, having a photo that is dated to about half of our actual age seems to be the industry standard.