11-16-2006, 09:06 AM
Well, you guys are right, I can't win against the bystander conspiracy theory. 
Isn't it great that now I am even labeled not honest by someone I never even met?! Well, bystander, I can tell you something, "CRB" is management designation and the class I was referring to was for managers and not sales people. The class was conducted by Mr. Brewbaker who is the Chief Economist of Bank of Hawaii. Yeah, he is part of the conspiracy too, huh?
"So tell me this: if property values keep going down will you and your RE cohorts be making more or less money?" I have seen both soft and heated markets more than once since I am in the business. Neither one had a major effect on my income. In fact, even though we are told by bystander experts that the real estate market is tanking, my company already had more gross income in 10 months this year than all last year. Good companies excell regardless of the market conditions.
"This is what I think will happen. The bubble won't burst all at once but will deflate like a tire with a slow leak for years to come. Every year will bring slightly lower prices than the last until we reach the bottom. Buyers will buy thinking the bottom has been reached but prices will keep going exruciatingly lower year after year." Yep, I am sure it's correct. Prices will reach zero! Sellers actually will end up giving away their properties free and some even will throw in incentives too!
Sorry guys, IMHO, this thread really is getting to be a free entertainment!
Aloha,
John S. Rabi, ABR,CM,CRB,FHS,PB,RB
http://www.JohnRabi.com
Typically Tropical Properties
75-5870 Walua Road, Suite 101
Kailua-Kona, HI 96740
(808)327-3185
Edited by - John S. Rabi on 11/16/2006 13:11:58
Edited by - John S. Rabi on 11/16/2006 13:17:36
Isn't it great that now I am even labeled not honest by someone I never even met?! Well, bystander, I can tell you something, "CRB" is management designation and the class I was referring to was for managers and not sales people. The class was conducted by Mr. Brewbaker who is the Chief Economist of Bank of Hawaii. Yeah, he is part of the conspiracy too, huh?"So tell me this: if property values keep going down will you and your RE cohorts be making more or less money?" I have seen both soft and heated markets more than once since I am in the business. Neither one had a major effect on my income. In fact, even though we are told by bystander experts that the real estate market is tanking, my company already had more gross income in 10 months this year than all last year. Good companies excell regardless of the market conditions.
"This is what I think will happen. The bubble won't burst all at once but will deflate like a tire with a slow leak for years to come. Every year will bring slightly lower prices than the last until we reach the bottom. Buyers will buy thinking the bottom has been reached but prices will keep going exruciatingly lower year after year." Yep, I am sure it's correct. Prices will reach zero! Sellers actually will end up giving away their properties free and some even will throw in incentives too!
Sorry guys, IMHO, this thread really is getting to be a free entertainment!
Aloha,
John S. Rabi, ABR,CM,CRB,FHS,PB,RB
http://www.JohnRabi.com
Typically Tropical Properties
75-5870 Walua Road, Suite 101
Kailua-Kona, HI 96740
(808)327-3185
Edited by - John S. Rabi on 11/16/2006 13:11:58
Edited by - John S. Rabi on 11/16/2006 13:17:36