Comments on: Ode to Summer and Labor Day Resolutions http://sandiegohomeblog.com/2007/09/01/ode-to-summer-and-labor-day-resolutions/ A San Diego Real Estate Web Log Sat, 13 Mar 2010 21:29:14 -0600 http://wordpress.org/?v=2.8.4 hourly 1 By: Steve Berg http://sandiegohomeblog.com/2007/09/01/ode-to-summer-and-labor-day-resolutions/comment-page-1/#comment-137563 Steve Berg Wed, 05 Sep 2007 02:52:30 +0000 http://sandiegohomeblog.com/2007/09/01/ode-to-summer-and-labor-day-resolutions/#comment-137563 KC - I agree with Kris (for once). This dialogue is primarily intended to provide buyers and sellers a better understanding based upon our experiences. Your comment was valuable in that it allowed me to clarify the facts regarding interest rates. Terms for mortgages have been and will continue to change day-to-day and it's almost impossible to keep up unless you're involved day-to-day. Even then, it's a challenge. So we thank you. KC – I agree with Kris (for once). This dialogue is primarily intended to provide buyers and sellers a better understanding based upon our experiences. Your comment was valuable in that it allowed me to clarify the facts regarding interest rates. Terms for mortgages have been and will continue to change day-to-day and it’s almost impossible to keep up unless you’re involved day-to-day. Even then, it’s a challenge. So we thank you.

]]> By: Kris Berg http://sandiegohomeblog.com/2007/09/01/ode-to-summer-and-labor-day-resolutions/comment-page-1/#comment-137103 Kris Berg Mon, 03 Sep 2007 13:41:56 +0000 http://sandiegohomeblog.com/2007/09/01/ode-to-summer-and-labor-day-resolutions/#comment-137103 KC - I think you know your posts are welcome here and that this is far from a "Realtor Only" site. Steve was simply (correctly) pointing out that rates vary dramatically right now among lenders, and the 8.5% terms you quote are not the final word. Depending on down payment, credit and other factors, there are still many good financing opportunities below even 7%. You just have to know where to look. KC – I think you know your posts are welcome here and that this is far from a “Realtor Only” site. Steve was simply (correctly) pointing out that rates vary dramatically right now among lenders, and the 8.5% terms you quote are not the final word. Depending on down payment, credit and other factors, there are still many good financing opportunities below even 7%. You just have to know where to look.

]]> By: Kelly Kilpatrick http://sandiegohomeblog.com/2007/09/01/ode-to-summer-and-labor-day-resolutions/comment-page-1/#comment-137009 Kelly Kilpatrick Mon, 03 Sep 2007 06:04:26 +0000 http://sandiegohomeblog.com/2007/09/01/ode-to-summer-and-labor-day-resolutions/#comment-137009 Beautifully said. Keeping priorities straight is often a struggle and kudos to you for recognizing it and making a smart commitment to yourself. I personally think it was a little more like Mercury today rather than Venus - but who's splitting hairs? God bless the inventors of AC! Beautifully said. Keeping priorities straight is often a struggle and kudos to you for recognizing it and making a smart commitment to yourself. I personally think it was a little more like Mercury today rather than Venus – but who’s splitting hairs? God bless the inventors of AC!

]]> By: kc http://sandiegohomeblog.com/2007/09/01/ode-to-summer-and-labor-day-resolutions/comment-page-1/#comment-136961 kc Mon, 03 Sep 2007 03:30:50 +0000 http://sandiegohomeblog.com/2007/09/01/ode-to-summer-and-labor-day-resolutions/#comment-136961 Not trying to be an "alarmist," sorry. I wont post here. Just trying to get information since I do not know agents/mortgage people personally. I have used eloan for 2 loans (one a rental in Wy and another for a refi on my house I sold in 03, they were always pretty good with an easy fee structure to understand) I'll leave your site alone as I think it is "realtor only". Have a good labor day.... kc Not trying to be an “alarmist,” sorry. I wont post here. Just trying to get information since I do not know agents/mortgage people personally. I have used eloan for 2 loans (one a rental in Wy and another for a refi on my house I sold in 03, they were always pretty good with an easy fee structure to understand) I’ll leave your site alone as I think it is “realtor only”. Have a good labor day….

kc

]]> By: Steve Berg http://sandiegohomeblog.com/2007/09/01/ode-to-summer-and-labor-day-resolutions/comment-page-1/#comment-136932 Steve Berg Mon, 03 Sep 2007 01:23:42 +0000 http://sandiegohomeblog.com/2007/09/01/ode-to-summer-and-labor-day-resolutions/#comment-136932 KC - I just opened escrow on Friday for one of my buyers at 6.375% for a Jumbo loan (much higher than $450k). If what you say is true, E-loan is, shall I say, trying to take advantage of the situation? You don't have to be an alarmist. There are plenty of great loans for qualified buyers out there. KC – I just opened escrow on Friday for one of my buyers at 6.375% for a Jumbo loan (much higher than $450k). If what you say is true, E-loan is, shall I say, trying to take advantage of the situation? You don’t have to be an alarmist. There are plenty of great loans for qualified buyers out there.

]]> By: KC http://sandiegohomeblog.com/2007/09/01/ode-to-summer-and-labor-day-resolutions/comment-page-1/#comment-136920 KC Sun, 02 Sep 2007 23:54:38 +0000 http://sandiegohomeblog.com/2007/09/01/ode-to-summer-and-labor-day-resolutions/#comment-136920 Did some checking on eloan today; 8.5% for 450K loans. Hope the rate cut in Sept fixes that or it will be a long winter unless the buyers really want to sell. Did some checking on eloan today; 8.5% for 450K loans. Hope the rate cut in Sept fixes that or it will be a long winter unless the buyers really want to sell.

]]> By: Elizabeth Anderson http://sandiegohomeblog.com/2007/09/01/ode-to-summer-and-labor-day-resolutions/comment-page-1/#comment-136918 Elizabeth Anderson Sun, 02 Sep 2007 23:23:10 +0000 http://sandiegohomeblog.com/2007/09/01/ode-to-summer-and-labor-day-resolutions/#comment-136918 I am going to use your Labor Day Resolution list in a blog posting for tomorrow. I like it and can understand it. I am going to use your Labor Day Resolution list in a blog posting for tomorrow. I like it and can understand it.

]]> By: The People’s Choice Award voting is open: Vote for your choice of the best RE.net posts this week | BloodhoundBlog: Real estate marketing and technology blog | Realtors and real estate, mortgages, lending, investments http://sandiegohomeblog.com/2007/09/01/ode-to-summer-and-labor-day-resolutions/comment-page-1/#comment-136845 The People’s Choice Award voting is open: Vote for your choice of the best RE.net posts this week | BloodhoundBlog: Real estate marketing and technology blog | Realtors and real estate, mortgages, lending, investments Sun, 02 Sep 2007 19:02:47 +0000 http://sandiegohomeblog.com/2007/09/01/ode-to-summer-and-labor-day-resolutions/#comment-136845 [...] Kris Berg, Ode to Summer and Labor Day Resolutions [...] [...] Kris Berg, Ode to Summer and Labor Day Resolutions [...]

]]> By: Phil Hoover http://sandiegohomeblog.com/2007/09/01/ode-to-summer-and-labor-day-resolutions/comment-page-1/#comment-136813 Phil Hoover Sun, 02 Sep 2007 15:04:45 +0000 http://sandiegohomeblog.com/2007/09/01/ode-to-summer-and-labor-day-resolutions/#comment-136813 Nicely said, Kris. When I first got into real estate in 1972, I sacrificed everything for "the deal". I ate dinner with a cordless phone next to my plate, lest I miss a good call. I swear that phone was hard wired to my fork. As soon as I touched my fork, the phone rang ~ at every meal. I even took calls while I was in bed or sitting on the toilet. I worked 7 days/week, ignored my family, and took calls at all hours of the day and night. I worked with anyone who had a pulse, in the fervent hope that they would buy or sell a home. And, I paid the price for it in later years. Eventually, I realized that I had the ability and the absolute right to conduct business on MY terms after attending one of Chuck Chatham's client counseling courses in the early 80s. I eventually developed a 20-point client selection checklist and began to pick and choose my clients instead of letting them run me around. It's interesting to note that my business actually increased when I started letting prospective clients know that I had standards of practice and that I was a professional. Note that I said "prospective clients" because therein lies the key. People are "prospects" until they become "clients". Not to sound arrogant, but I clearly understand how to identify a good client and those people are the only ones I will work with these days. There's an old saying that holds true for real estate and it goes like this: "You can help a hundred, but you can't carry even one on your back". Nicely said, Kris.
When I first got into real estate in 1972, I sacrificed everything for “the deal”.
I ate dinner with a cordless phone next to my plate, lest I miss a good call.
I swear that phone was hard wired to my fork.
As soon as I touched my fork, the phone rang ~ at every meal.
I even took calls while I was in bed or sitting on the toilet.
I worked 7 days/week, ignored my family, and took calls at all hours of the day and night.
I worked with anyone who had a pulse, in the fervent hope that they would buy or sell a home.
And, I paid the price for it in later years.
Eventually, I realized that I had the ability and the absolute right to conduct business on MY terms after attending one of Chuck Chatham’s client counseling courses in the early 80s.
I eventually developed a 20-point client selection checklist and began to pick and choose my clients instead of letting them run me around.
It’s interesting to note that my business actually increased when I started letting prospective clients know that I had standards of practice and that I was a professional.
Note that I said “prospective clients” because therein lies the key.
People are “prospects” until they become “clients”.
Not to sound arrogant, but I clearly understand how to identify a good client and those people are the only ones I will work with these days.
There’s an old saying that holds true for real estate and it goes like this:
“You can help a hundred, but you can’t carry even one on your back”.

]]> By: Larry Cragun http://sandiegohomeblog.com/2007/09/01/ode-to-summer-and-labor-day-resolutions/comment-page-1/#comment-136581 Larry Cragun Sat, 01 Sep 2007 19:11:35 +0000 http://sandiegohomeblog.com/2007/09/01/ode-to-summer-and-labor-day-resolutions/#comment-136581 Are you leaving real estate to get this kind of life? Are you leaving real estate to get this kind of life?

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