We’re up to 292 responses to last week’s survey, thank you readers!

Here are some of the comments:

I know prices are never going to be as low as I would like because of demand and bank and government collusion but I would appreciate it if Jim could focus more on properties that don’t require someone to make 250K+ a year. As a first time home buyer I would love to see more videos showing some glimmer of hope for being able to afford a home.

I’ll make an effort to include a wider range of price-points.  For those looking to spend less than $400,000, the need to compromise is very demanding.  Consider these three: buying a fixer, going further out, or living with something smaller, possibly a condo.  The chance of you finding a decent house, in a decent area, under $400,000 around North County Coastal is remote, at best.

Could there be further market deterioration in the future?  Yes, and it would likely be a result of squishdown from above.  Bubbleinfo.com will help you see any potential erosion in the mid-to-upper-end market that could benefit those below.

I think you ought to see what you can end up doing to change the way San Diego MLS does business. Buying a house out here sucks, and I think you can help to change that on a broader scale. Keep pushing.

Thanks, and I wish there was hope.

Sandicor runs our MLS the way they see fit, and doesn’t care about what is wanted and needed.  We still have to use Internet Explorer exclusively to fully access the MLS – that is mind-bogging in 2012!  I expect that Redfin will lead the way in website upgrades, and could easily take over the real estate world as we know it – but they would have to develop a killer instinct and want to wipe out the industry as we know it, and re-invent.

More info on what improvements North County Coastal (NCC) move up buyers should make to their existing homes to get them to sell.

There were several comments like this one.  I’d want to appeal more to sellers anyway, so look for more on this topic!

Even more info on your thoughts on NCC pricing and lowball offers ($700 to 1.1 range). Some homes in NCC seem WAY overpriced. Can you offer 775 on a house priced at 850? Your thoughts on specific NCC neighborhoods (pros & cons).

There is a direct relationship between sellers’ willingness to negotiate a lower price, and time their house has been on the market. Offering $775,000 on a $850,000 listing is unlikely to go anywhere on a listing that’s been on the market only a week or two, in spite of the pricing accuracy.  Time is a buyer’s weapon – let them sit.

I regularly present offers well under the list price, and substantiate them with a supporting argument.  You don’t know if the listing agent has done any market analysis – many just pray that the buyer’s agent does their job for them.  I expect that the listing agent will just forward my offer directly to the seller, so I attach my case too – making it easy for the seller to accept my offer is part of my job.

I see you trying to strike a balance to protect your business by attacking the people that come to challenge your perspective without hard data. It turns me off a bit. I understand your desire to protect your business, but wonder if you can do it in a softer way.

OK.

I encourage full discussion on market data or events, but there are people who just want to disrupt – which is different than have a dissenting opinion.  I will softly delete the trolls, and keep the focus on-topic.

Upgrade to High Def videos (720P at least) maybe wear a mic when recording?

I will buy a new HD camera this week, and work on better sound.

I think the argument about foreclosures NOT being a destructive influence does not hold water with most people, kind of discredits his other opinions and views.

I’m still shaking my head about this one.  Does it reflect that the brainwashing of America is so ingrained in people that it becomes second nature – and any challenge is rebuffed?  I will live with it, and try to do better to substantiate all of the theories and opinions expressed here.

For example for your videos try for a specific format for them. Instead of doing the drive up narration etc. For example: For every new listing. Go to google maps/ bing maps and do a street view or overhead map view. THEN go on site with the narration. Try to keep the videos formatted as best as you can to a specific time frame as well. Too much ad lib in there, funny, keep some of it but stick to the meat and potatoes.

I deliberately try to keep the addresses off the website – I don’t want people who search their address to be able to find us here, but yes there is more I can do to identify exactly where these properties are located.  Many commented that the videos could use more captions, so look forward to those.  The format for individual-house videos is to keep them less than five minutes in duration, and hopefully less.  I am conscious of keeping my talk short and to the point, but it is a challenge for a rambler like me.

It would be interesting to see a top-entries, most commented, most viewed, most shared ratings section. infrequent viewers don’t like to slog through pages of content built up over weeks. Also, might as well get some facebook sharing setup, that would get a lot of visibility for free.

I have a reliable guy now to assist me with improving the blog’s readability.  If you have other thoughts of how to make it better, let us know.

I know it is how you make your living but I’m still skittish as hell about buying real estate in bubble markets – I must be totally out of touch or simply old fashioned.

I want to do better in addressing this specific topic – how to feel more comfortable with today’s real estate market when it is unlike anything we have experienced previously.

Don’t go changing to try to please people. You will never win. Be yourself as that is your best product.

Thanks – will do!

9 Comments

  1. Just some guy

    don’t buy the new camera at Busted-Buy!!! They are absolute circus animals that know very little about tech products.

    Regarding the high-def options, most new DSLRs (like the one you are currently using) have the capability to acquire High-Def video, but you should look into a camera that can handle the rapid change in ambient lighting. I am referring to when the video goes dark when you go from a brightly lit hallway into the bathroom or garage.

  2. Jim the Realtor

    If you tried to comment today and got this message, try again because I hit it by accident:

    Your comment has been blocked because the blog owner has set their spam filter to not allow comments from users behind proxies.

    If you are a regular commenter or you feel that your comment should not have been blocked, please contact the blog owner and ask them to modify this setting.

  3. Mark

    For example for your videos try for a specific format for them. Instead of doing the drive up narration etc. For example: For every new listing. Go to google maps/ bing maps and do a street view or overhead map view. THEN go on site with the narration. Try to keep the videos formatted as best as you can to a specific time frame as well. Too much ad lib in there, funny, keep some of it but stick to the meat and potatoes.

    I’ve come to appreciate the style of Jim’s videos. Hope it doesn’t change too much.

  4. el katz

    Jim:

    You’re providing a free service to your customers, potential customers, and lurkers. It’s your product so you should determine the content and subjects. I applaud your desire to make things more relevant but you’ll never cover the entire spectrum of properties and buyers. Stick with your core business target (and I don’t think it’s the $200k fixers) and let the chips fall where they may. The one thing I would suggest you don’t change, however, is your candor. Honest representation of what someone is looking at is worth it’s weight in gold.

    Thanks for what you do.

  5. James D

    Mark,

    That was my suggestion you had quoted and I agree totally with you. I love bubbleinfo and the videos.
    I probably should have prefaced or used that suggestion for another application.
    When I wrote that I was thinking about a ‘paid’ version of bubbleinfo which probably sticks more to serious buyers/sellers and sticking to the meat and potatoes by providing rock solid info using todays web tech and know how. This is especially considering buyers from out of the area.

    The ad lib stuff and comments are great, but kind of like the new trend lately in movies to roll past the credits to get some ‘sneak peek’ stuff, or B sides, bubbleinfo would continue to do so as JtR has done so well.

    Keep it up JtR 🙂

  6. Just some guy

    JtR….

    Keep the “drive up” part in the videos. Commentary about “da’ hood” is helpful.

    Don’t ever edit out the fast cars and beater trucks!!!!

  7. tj & the bear

    Limit the “ad lib”? Perish the thought!

  8. tj & the bear

    Oh, and keep on challenging the common (and often wrong) wisdom such as that “foreclosure = bad” nonsense.

  9. James D

    tj,

    haha I totally agree 🙂

    Imagine the gems that would come from a ‘greatest hits’ from JtR with ad lib edits!

Klinge Realty Group - Compass

Jim Klinge
Klinge Realty Group

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