[quote author="irvine_home_owner" date=1255474778]Maybe Chad Rogers is reading the IHB, from the link on your article:
<a href="http://lansner.freedomblogging.com/2009/10/12/celebrity-realtor-fears-socal-home-prices-could-hit-2001-lows/39771/">http://lansner.freedomblogging.com/2009/10/12/celebrity-realtor-fears-socal-home-prices-could-hit-2001-lows/39771/</a>
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- As for what he sees for the Orange County and Southern California real estate market in general, and he didn?t sugar coat it: ?I hate to sound negative, I want the real estate market to get back to normal ASAP, but I really feel that we haven?t hit the bottom yet and we?re going to get a second wave (of foreclosure listings) in the coming months.?
- ?Right now we?re consistent with 2003 (prices).? he says. ?We could be going back down to 2001, 2002.?
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And in the original article:
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The hairspray fanatic has one bit of advice for buyers and sellers at this stage of the market: ?Don?t act on impulse. Just make sure that you?re getting a good deal and that you?re getting value. You?re going to find that there?s a lot of deals to be had in the coming months, if one house doesn?t work out for you, then another one will.?
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At least he's not as delusional as other Realtors although he may just be playing lip service. The comments are negative because of his youth but he does have some interesting things to say. One thing that stood out to me:
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As buyers are approaching this market more cautiously, Rogers prides himself in tactics to garner interest in his listings.
?You know how people say ?location, location, location?? I say ?food, food, food.? It works all the time.?
Rogers has been known to set up open houses, stocked full with catered eats for brokers and agents to enjoy as they tour his listings. He says that though they may not be interested in the listing or find it to be right for their client, those agents will return to their respective offices and talk about the good food.
?It creates a buzz. In business, it?s all about the buzz.?
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Heh... "I don't even remember how many bedrooms that house had but the hors d'oeuvres were amazing!". Kind of reminded me of "I Love You, Man".</blockquote>
The buzz will be his catering bill and no money to pay for it. Idiot, might as well hand out dollar bills as everyone knows your a fool with nothing in your pipeline...