Random Articles

• Only Do “We are not good at knowing, we are not good at planning, we are not good at forecasting, we are only good at doing.” - Nassim Taleb, author The Black Swan: The Impact of the Highly Improbable
• I Bet It’s Self-Fulfilling Back in May, Barry Ritholtz bet James Pethokoukis that we are in a recession. From my view and the numbers I’ve seen, the downturn is concentrated in the housing sector. A good thing. Unfortunately, housing is a huge percentage of our overall GDP and it completely collapsed. Reminds me of early 2001, when the tech sector
• NYTimes on Redfin & The End of Real Estate Agents “Some economists wonder why agents fight so hard to maintain this pricing system when it is making so few of them rich. In every housing boom, the number of new agents entering the market tracks the climb in home prices. As a result, the average agent sells far fewer homes and makes less money.” “If agents
• You Expect What You Pay For Recently - a collegue recounted his experience selling a fully-capable product with a price less than half its competitors. “After the presentation, the customer turned to the sales representative and asked, ‘What’s wrong with it?’” This, more than 78 years after J. Walter Thompson’s research for Pond’s Cold Cream proved that price and quality are directly correlated
• Zillow.com First Impressions Zillow.com launched today, and since our place is still on the market, I thought I’d check what Zillow’s estimate for 2701 31st Ave NE was. Huh, Zillow puts the marker above the 189,900 we started the listing at. Cool. Overall, the site is zippy and filled w/ ajax-y goodness (and I can therefore forgive the initial