- posted by REMAX, on youtube, 25 Jan 2012. A few stills below.
ADDENDUM. Even more stills:
May have nothing to do with reality.
You can’t spell reality without “RE”.
Rich Toscano “jumps the shark”
This guy called SD crashing — hard — and is now picking up a house at a low price with what he believes is rock-bottom financing. Toscano thinks that rates are going to rise but is unsure of the timing. One has to admit that it may be a few years yet…
‘nother one bites the dust, but it was comparatively cheap dust by most of his measures. Also note how Toscano says that SD is “undervalued” relative to its long-run average. Bizarro Vancouver?
I love how this requires no VREAA comment.
I love that you noticed.
Real Estate sales is such a messed up business model. Top to bottom. And the ones who would benefit the most from reform, the 5% of high quality agents, could not possibly break such a heavy system in order to remake it. Look at that conference center. Those agents *are* the product in that scene. The 95% who will hobble along until giving up and more will be drawn in to replace them, are the profit center. On top of that, when a homeowner sells he/she gets to pay to cover the costs of all the transactions that went awry. I mean, really, what other complex transaction do you know of where other fees dwarf that of the lawyers’?
Boggles the mind why anti-trust has never properly kicked in on this industry.
Anything that involves investment bankers? I doubt many lawyers make $5M to $20M+ a year.
In Ontario, about half of registered Realtors are involved in no more than one deal per quarter (i.e. they are part-timers).
some threads are better left unposted. Come on vreaa.
Actually, satisfaction is all perception, not necessarily reality is fairly true. You can be the absolute best agent that gets a higher price and better deal than anybody else for a house and you can still be viewed as a total loser and incompetent if you didn’t meet the seller’s expect sell price.
Or an analogy to regular work. You can be the absolute best work for a firm that if you leave, the firm would suffer an immediate 10% loss on its sales, profit, productivity, etc. However if you don’t toe the corporate culture line with respect to things like showing up before your boss, dress to the approved attire/brands, looking to work hard while your boss is there, etc, you can still be viewed as a bad employee/slacker. While some other people who gives the perfect employee image, sucks up with the boss but do no high quality work can very well be promoted to your manager, get higher pay raise, bonus, etc, etc. All because they give a perception of a great employee without actually being one.
A Toronto Star Moneyville editorial (advertorial?) from one of the presenters at Kickstart 2012:
Not surprisingly, there’s never been a better time to buy. He lists eight “It’s different here” arguments. The very fact that clowns like this guy are getting print is evidence that we’re in a bubble.
Hey! You got a great shot of Leo Bruneau! There’s a local boy (Coquitlam). And he is the absolute personification of trying to stand out in a crowded field. Wearing pink to get noticed amongst all the other suits is a great tactic. I see Gary V got pulled in to talk about filling up our social media boxes with spam. And the hopping guys mixed in with clowns? Just be glad they didn’t show the real warm-ups with cheers and claps and “YES!” fist pumps. At least, that’s what most conventions of this sort resort to. I wonder how much “law of attraction” was pushed on these folk.
I’ve always picked up from Vaynerchuck’s message that all middle men are dead without adding value, traditional ways of business are screwed, and social media is for listening to customers and not pushing spam at people. I wonder how he tailored his message to the RE conference?
Suddenly, it occurred to me… Dante is, like, way overdue for a ‘re-write’… and clearly, we will have to add a 10th circle of suffering to the ‘Inferno’.
On the other hand, even although I know in my heart of hearts that it would be an excruciatingly unproductive exercise in futility… does anyone have the number of that blonde in the fourth production still?
Wouldn’t be a RE convention without a BMW giveaway.
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