usctrojanman29 said:My gutt plus a little old fashioned math.
bkshopr said:After being here for so long I realized that most shoppers can't read floor plans and totally lack knowledge of aesthetic, construction, site planning, feng shui, furnishing, solar orientation, easements and many others facets about their future property.
bkshopr said:IHB is listed on the first or second page from most Irvine RE engine search. The knowledge on this forum so far has been free either through a public postings or Private messages. Home buyers make the biggest mistake with their most expensive purchase during their lifetime. Buyers often spent several hours to look at a house and sometime pressured to make a buying decision.
After being here for so long I realized that most shoppers can't read floor plans and totally lack knowledge of aesthetic, construction, site planning, feng shui, furnishing, solar orientation, easements and many others facets about their future property. Many trust builders because their products are standard practice and less likely to have major problems vs buying from a private party.
Agents and broker's best interest is not with the buyers. The focus is to close a sale in the shortest amount of time. Their integrity and ethic for most is no different from a used car salesman. The buyers are always getting the shortest end of the stick.
There are thousands of agents who are essentially doing the same thing and few are really the experts. Some agents reside in their home neighborhoods and become the resident expert like IR for West Irvine or Gary and Matthew for Northpark. Few agent or brokers are universally savvy with homes and sites outside of their area. IR is the best so far.
From a business perspective standpoint I think members belonging to this blog should have access to the best products and lowest negotiated price like Costco who went out and listed upper end white labels and well known brand products with superior quality and negotiated an excellent pricing for the member consumers. The same could also be done for home listings and referrals here in IHB.
Not all products can pass the rigorous standards of Costco. After all Costco's reputation is also at stake here. Without having the higher standard it would just become a Sam Club/Walmart.
John McMonigle is such a brand for the high end clienteles. All wealthy people list their uber mansions with John because a listing with John meant the home is the extra ordinary and the best. The fact is John also listed many expensive ugly houses.
IHB obviously is not McMonigle but there are tons of RE below $1.2 million in the flatland that could leverage the IHB brand for exposure. The key is to set a quality and value standard like Costco by only dealing with properties having merit.
Other Realtors would list all properties and even the ugliest properties and lie through their teeth to tell buyers how gorgeous and cozy their listings are with professionally landscaped yards and designer select carpets. They might even say this "Buy now or you will be priced out forever or the Government set aside incentive program will run out soon".
bkshopr said:IHB is listed on the first or second page from most Irvine RE engine search. The knowledge on this forum so far has been free either through a public postings or Private messages. Home buyers make the biggest mistake with their most expensive purchase during their lifetime. Buyers often spent several hours to look at a house and sometime pressured to make a buying decision.
After being here for so long I realized that most shoppers can't read floor plans and totally lack knowledge of aesthetic, construction, site planning, feng shui, furnishing, solar orientation, easements and many others facets about their future property. Many trust builders because their products are standard practice and less likely to have major problems vs buying from a private party.
Agents and broker's best interest is not with the buyers. The focus is to close a sale in the shortest amount of time. Their integrity and ethic for most is no different from a used car salesman. The buyers are always getting the shortest end of the stick.
There are thousands of agents who are essentially doing the same thing and few are really the experts. Some agents reside in their home neighborhoods and become the resident expert like IR for West Irvine or Gary and Matthew for Northpark. Few agent or brokers are universally savvy with homes and sites outside of their area. IR is the best so far.
From a business perspective standpoint I think members belonging to this blog should have access to the best products and lowest negotiated price like Costco who went out and listed upper end white labels and well known brand products with superior quality and negotiated an excellent pricing for the member consumers. The same could also be done for home listings and referrals here in IHB.
Not all products can pass the rigorous standards of Costco. After all Costco's reputation is also at stake here. Without having the higher standard it would just become a Sam Club/Walmart.
John McMonigle is such a brand for the high end clienteles. All wealthy people list their uber mansions with John because a listing with John meant the home is the extra ordinary and the best. The fact is John also listed many expensive ugly houses.
IHB obviously is not McMonigle but there are tons of RE below $1.2 million in the flatland that could leverage the IHB brand for exposure. The key is to set a quality and value standard like Costco by only dealing with properties having merit.
Other Realtors would list all properties and even the ugliest properties and lie through their teeth to tell buyers how gorgeous and cozy their listings are with professionally landscaped yards and designer select carpets. They might even say this "Buy now or you will be priced out forever or the Government set aside incentive program will run out soon".
IACRenter said:bkshopr said:IHB is listed on the first or second page from most Irvine RE engine search. The knowledge on this forum so far has been free either through a public postings or Private messages. Home buyers make the biggest mistake with their most expensive purchase during their lifetime. Buyers often spent several hours to look at a house and sometime pressured to make a buying decision.
After being here for so long I realized that most shoppers can't read floor plans and totally lack knowledge of aesthetic, construction, site planning, feng shui, furnishing, solar orientation, easements and many others facets about their future property. Many trust builders because their products are standard practice and less likely to have major problems vs buying from a private party.
Agents and broker's best interest is not with the buyers. The focus is to close a sale in the shortest amount of time. Their integrity and ethic for most is no different from a used car salesman. The buyers are always getting the shortest end of the stick.
There are thousands of agents who are essentially doing the same thing and few are really the experts. Some agents reside in their home neighborhoods and become the resident expert like IR for West Irvine or Gary and Matthew for Northpark. Few agent or brokers are universally savvy with homes and sites outside of their area. IR is the best so far.
From a business perspective standpoint I think members belonging to this blog should have access to the best products and lowest negotiated price like Costco who went out and listed upper end white labels and well known brand products with superior quality and negotiated an excellent pricing for the member consumers. The same could also be done for home listings and referrals here in IHB.
Not all products can pass the rigorous standards of Costco. After all Costco's reputation is also at stake here. Without having the higher standard it would just become a Sam Club/Walmart.
John McMonigle is such a brand for the high end clienteles. All wealthy people list their uber mansions with John because a listing with John meant the home is the extra ordinary and the best. The fact is John also listed many expensive ugly houses.
IHB obviously is not McMonigle but there are tons of RE below $1.2 million in the flatland that could leverage the IHB brand for exposure. The key is to set a quality and value standard like Costco by only dealing with properties having merit.
Other Realtors would list all properties and even the ugliest properties and lie through their teeth to tell buyers how gorgeous and cozy their listings are with professionally landscaped yards and designer select carpets. They might even say this "Buy now or you will be priced out forever or the Government set aside incentive program will run out soon".
Do you really think IR and IHB Brokers would turn down a listing opportunity if it has a bad location, asthetics, or feng shui? It would seem to me all properties have good and bad points. As more negative points add up, the more discount should be applied to the price. Ideally the broker would have an accurate MLS description of the home and encourage the seller to stage the home. Don't get me wrong, I do like beautiful homes but I would rather have realistic pricing.
More sellers should come to IHB so they can figure out what actually sells a house... good staging and good pricing. Isn't that how IPO, usc and myself did it?High Gravity said:bkshopr said:IHB is listed on the first or second page from most Irvine RE engine search. The knowledge on this forum so far has been free either through a public postings or Private messages. Home buyers make the biggest mistake with their most expensive purchase during their lifetime. Buyers often spent several hours to look at a house and sometime pressured to make a buying decision.
After being here for so long I realized that most shoppers can't read floor plans and totally lack knowledge of aesthetic, construction, site planning, feng shui, furnishing, solar orientation, easements and many others facets about their future property. Many trust builders because their products are standard practice and less likely to have major problems vs buying from a private party.
Agents and broker's best interest is not with the buyers. The focus is to close a sale in the shortest amount of time. Their integrity and ethic for most is no different from a used car salesman. The buyers are always getting the shortest end of the stick.
There are thousands of agents who are essentially doing the same thing and few are really the experts. Some agents reside in their home neighborhoods and become the resident expert like IR for West Irvine or Gary and Matthew for Northpark. Few agent or brokers are universally savvy with homes and sites outside of their area. IR is the best so far.
From a business perspective standpoint I think members belonging to this blog should have access to the best products and lowest negotiated price like Costco who went out and listed upper end white labels and well known brand products with superior quality and negotiated an excellent pricing for the member consumers. The same could also be done for home listings and referrals here in IHB.
Not all products can pass the rigorous standards of Costco. After all Costco's reputation is also at stake here. Without having the higher standard it would just become a Sam Club/Walmart.
John McMonigle is such a brand for the high end clienteles. All wealthy people list their uber mansions with John because a listing with John meant the home is the extra ordinary and the best. The fact is John also listed many expensive ugly houses.
IHB obviously is not McMonigle but there are tons of RE below $1.2 million in the flatland that could leverage the IHB brand for exposure. The key is to set a quality and value standard like Costco by only dealing with properties having merit.
Other Realtors would list all properties and even the ugliest properties and lie through their teeth to tell buyers how gorgeous and cozy their listings are with professionally landscaped yards and designer select carpets. They might even say this "Buy now or you will be priced out forever or the Government set aside incentive program will run out soon".
That's a compelling case for a buyer to come to IHB; but why would a seller come to IHB? Wouldn't a seller want a "used car salesman" on their side? Wouldn't a seller who came to IHB just invite a lecture on "fundamental pricing metrics"?