Comments on: What will it take for reputable real estate agents to abandon the NAR? http://blownmortgage.com/2008/08/02/what-will-it-take-for-reputable-real-estate-agents-to-abandon-the-nar/ #1 Free Home Loan Modification & Debt Relief Help For US Home Owners - Truths, Facts & News About the Mortgage Industry Mon, 09 Nov 2009 22:42:54 -0700 http://wordpress.org/?v=2.8.3 hourly 1 By: CRay http://blownmortgage.com/2008/08/02/what-will-it-take-for-reputable-real-estate-agents-to-abandon-the-nar/comment-page-1/#comment-12182 CRay Tue, 12 Aug 2008 08:44:58 +0000 http://blownmortgage.com/?p=1211#comment-12182 ...I'm not much of a fan of Glenn Beck, but this time - he's smack on target.<br><br>The NAR commercials and their realtors is like asking plumbers for a root canal nowadays ...<br><br>If they have so much experience, why are 50% of the realtors today losing their homes.? -- these are the very last people I would be asking for any advice.<br><br><br>- …I'm not much of a fan of Glenn Beck, but this time – he's smack on target.

The NAR commercials and their realtors is like asking plumbers for a root canal nowadays …

If they have so much experience, why are 50% of the realtors today losing their homes.? — these are the very last people I would be asking for any advice.

-

]]> By: Guest http://blownmortgage.com/2008/08/02/what-will-it-take-for-reputable-real-estate-agents-to-abandon-the-nar/comment-page-1/#comment-12181 Guest Thu, 07 Aug 2008 03:25:37 +0000 http://blownmortgage.com/?p=1211#comment-12181 Gotta love Glenn Beck. These comments by Lareah went back to 2004. Guy is a moron and so is Yun. I thought Yun would have some balls and learn from Lareah, but apparantly not. Get an opinion other than the same one for the last 4 years! Gotta love Glenn Beck. These comments by Lareah went back to 2004. Guy is a moron and so is Yun. I thought Yun would have some balls and learn from Lareah, but apparantly not. Get an opinion other than the same one for the last 4 years!

]]> By: morganb http://blownmortgage.com/2008/08/02/what-will-it-take-for-reputable-real-estate-agents-to-abandon-the-nar/comment-page-1/#comment-12180 morganb Wed, 06 Aug 2008 13:01:10 +0000 http://blownmortgage.com/?p=1211#comment-12180 NAR has only two defenses against the argument that they didn't<br>mislead the public: 1) I did not have sexual relations with that woman<br>or 2) there were reports of WMDs in Iraq. NAR has only two defenses against the argument that they didn't
mislead the public: 1) I did not have sexual relations with that woman
or 2) there were reports of WMDs in Iraq.

]]> By: jvolrath http://blownmortgage.com/2008/08/02/what-will-it-take-for-reputable-real-estate-agents-to-abandon-the-nar/comment-page-1/#comment-12179 jvolrath Wed, 06 Aug 2008 12:58:34 +0000 http://blownmortgage.com/?p=1211#comment-12179 You are absolutely correct about Beck's show and style. I enjoy watching his show, and others like it, because they bring up topics in a different light than traditional sources. It is his show and he can do what he pleases. My issue is not with Beck but rather with folks that use Beck's statements as facts or somehow feel that his pretty chart proves that NAR economists were purposely misleading the public. Many of the statements that Beck portrayed as misleading were actually factual and on track. Take a look at the facts yourself folks and understand that Beck is just for entertainment. You are absolutely correct about Beck's show and style. I enjoy watching his show, and others like it, because they bring up topics in a different light than traditional sources. It is his show and he can do what he pleases. My issue is not with Beck but rather with folks that use Beck's statements as facts or somehow feel that his pretty chart proves that NAR economists were purposely misleading the public. Many of the statements that Beck portrayed as misleading were actually factual and on track. Take a look at the facts yourself folks and understand that Beck is just for entertainment.

]]> By: soberone http://blownmortgage.com/2008/08/02/what-will-it-take-for-reputable-real-estate-agents-to-abandon-the-nar/comment-page-1/#comment-12178 soberone Tue, 05 Aug 2008 23:59:22 +0000 http://blownmortgage.com/?p=1211#comment-12178 Your optimistic point of view is commendable and I think you ought to do everything in your power to take advantage of the opportunities available in the market right now, yourself. Heck you should convince all your family and friends to invest in real estate quickly before the next boom occurs. Bet the farm! It's a great time to buy Real Estate. As far as Beck is concerned,he does not provide facts to back up his statements. It's his show and he does and says what he pleases. The whole purpose of his show is to gain power,ratings and popularity by arousing the emotions, passions, and prejudices of the people. <br>You and or your industry just happen to be the target of his retoric at the moment. It's not News..... it's Entertainment. In this situation he is right though. Your optimistic point of view is commendable and I think you ought to do everything in your power to take advantage of the opportunities available in the market right now, yourself. Heck you should convince all your family and friends to invest in real estate quickly before the next boom occurs. Bet the farm! It's a great time to buy Real Estate. As far as Beck is concerned,he does not provide facts to back up his statements. It's his show and he does and says what he pleases. The whole purpose of his show is to gain power,ratings and popularity by arousing the emotions, passions, and prejudices of the people.
You and or your industry just happen to be the target of his retoric at the moment. It's not News….. it's Entertainment. In this situation he is right though.

]]> By: jvolrath http://blownmortgage.com/2008/08/02/what-will-it-take-for-reputable-real-estate-agents-to-abandon-the-nar/comment-page-1/#comment-12177 jvolrath Tue, 05 Aug 2008 20:55:45 +0000 http://blownmortgage.com/?p=1211#comment-12177 While I do agree that Lereah was sometimes irresponsible in his comments, Beck stops short of providing facts to show that Lereah was wrong in his statements. Lereah says that home ownership is a great long term investment. Considering the historical appreciation of real estate and the tax advantages, I can't imagine a valid argument against that. Lereah said that 2006 was going to be the third strongest year and that 2007 was going to be the 4th strongest year in history. If I am not mistaken, both 2006 & 2007 finished in the hostorical top 6 for national sales volume. Where is Beck's facts to disprove this? The NAR commercial was completely accurate in saying that, in early 2007, interest rates were near historic lows and that prices were low and there was alot of choices. All of these statements were accurate. Yes, it is also true that the average sale price of homes has dropped nearly 15% since early 2007. But, does that necessarily mean that a buyer who bought in 2007 made a horrible decision and shouldn't have bought? That can't be said because it is too broad of a statement. The driving force behind a real estate purchase is usually on a personal level and is far more effected by local economics than national economics. The truth is that, for the last year and for probably the next 18 months or so, interest rates are still going to be near historic lows and home prices are going to be very reasonable. Selection will be high and sellers will be motivated. Isn't this the perfect time to buy a home? Do you want to wait until the real estate boom happens again and pay high prices for low selection? Get your heads out of your butt and take a look at the opportunities. Sure, things are tough but the housing market presents alot of opportunities for homeowners and investors alike. While I do agree that Lereah was sometimes irresponsible in his comments, Beck stops short of providing facts to show that Lereah was wrong in his statements. Lereah says that home ownership is a great long term investment. Considering the historical appreciation of real estate and the tax advantages, I can't imagine a valid argument against that. Lereah said that 2006 was going to be the third strongest year and that 2007 was going to be the 4th strongest year in history. If I am not mistaken, both 2006 & 2007 finished in the hostorical top 6 for national sales volume. Where is Beck's facts to disprove this? The NAR commercial was completely accurate in saying that, in early 2007, interest rates were near historic lows and that prices were low and there was alot of choices. All of these statements were accurate. Yes, it is also true that the average sale price of homes has dropped nearly 15% since early 2007. But, does that necessarily mean that a buyer who bought in 2007 made a horrible decision and shouldn't have bought? That can't be said because it is too broad of a statement. The driving force behind a real estate purchase is usually on a personal level and is far more effected by local economics than national economics. The truth is that, for the last year and for probably the next 18 months or so, interest rates are still going to be near historic lows and home prices are going to be very reasonable. Selection will be high and sellers will be motivated. Isn't this the perfect time to buy a home? Do you want to wait until the real estate boom happens again and pay high prices for low selection? Get your heads out of your butt and take a look at the opportunities. Sure, things are tough but the housing market presents alot of opportunities for homeowners and investors alike.

]]> By: morganb http://blownmortgage.com/2008/08/02/what-will-it-take-for-reputable-real-estate-agents-to-abandon-the-nar/comment-page-1/#comment-12176 morganb Tue, 05 Aug 2008 14:03:19 +0000 http://blownmortgage.com/?p=1211#comment-12176 I don't think it takes an idiot to ID the idiocy that has been the housing market over the last 6-7 years. I don't think it takes an idiot to ID the idiocy that has been the housing market over the last 6-7 years.

]]> By: morganb http://blownmortgage.com/2008/08/02/what-will-it-take-for-reputable-real-estate-agents-to-abandon-the-nar/comment-page-1/#comment-12173 morganb Tue, 05 Aug 2008 14:02:39 +0000 http://blownmortgage.com/?p=1211#comment-12173 How exactly is he part of the problem? Did he push appraisals, create neg-am loans, encourage people to buy bigger homes than they could afford with stated income? Write books about flipping homes and encourage investors to acquire properties as owner occupied? or did I miss all of that? How exactly is he part of the problem? Did he push appraisals, create neg-am loans, encourage people to buy bigger homes than they could afford with stated income? Write books about flipping homes and encourage investors to acquire properties as owner occupied? or did I miss all of that?

]]> By: morganb http://blownmortgage.com/2008/08/02/what-will-it-take-for-reputable-real-estate-agents-to-abandon-the-nar/comment-page-1/#comment-12170 morganb Tue, 05 Aug 2008 14:01:40 +0000 http://blownmortgage.com/?p=1211#comment-12170 I'm not sure I follow you here? Realtors can still be paid on short-sales, REOs, etc. Can you elaborate? I'm not sure I follow you here? Realtors can still be paid on short-sales, REOs, etc. Can you elaborate?

]]> By: morganb http://blownmortgage.com/2008/08/02/what-will-it-take-for-reputable-real-estate-agents-to-abandon-the-nar/comment-page-1/#comment-12168 morganb Tue, 05 Aug 2008 13:49:29 +0000 http://blownmortgage.com/?p=1211#comment-12168 There is no correlation between REALTOR and housing expert. Zero. Sorry. And it's not the talking heads that are causing the problem. It's folks like David Lereah who wrote books about how housing wouldn't go down. Oh wait, wasn't he the chief economist of the NAR? There is no correlation between REALTOR and housing expert. Zero. Sorry. And it's not the talking heads that are causing the problem. It's folks like David Lereah who wrote books about how housing wouldn't go down. Oh wait, wasn't he the chief economist of the NAR?

]]>