This video is billed as an interview with "Top Phoenix Valley Agents." These agents talk a lot about bringing a "positive energy" to the market:
My favorite solution for "turning the market" [7:58]
How many realtors are there out there in Metro Phoenix that are actually practicing and working hard in real estate? Maybe 25,000, 30,000 Realtors. You’ve got roughly 30,000 that all you’ve basically got to do is, you’ve got the entire month, all you have to do in an entire month is go out and find one buyer, and put them into one transaction. If everybody did that, working in real estate went out and found one buyer, the inventory’s cleaned up.
Scariest comment: [9:17]
The answer to your question I think is about our professionalism in our industry, and are we able to guide people through, because, they have a goal, and their goal is either to sell a house or to buy a house. And so the more effective we are in helping them get what they want, and not be afraid of all the extraneous stuff that is going on out there. Yeah, we’ll have an impact on the industry.
People focusing solely on what they wanted and not considering "extraneous stuff" like price trends, affordability, rising foreclosures etc. helped cause a lot of the problems we’ve seen in the first place. How many foreclosures happened by people focusing on what they wanted and not considering the extraneous stuff.
Maybe this sort of thinking isn’t considered "positive," but a Reality Fairy wielding a 2 X 4 in the psyche of buyers and sellers would do more for the market than pixie dust and happy thoughts.
I know- me and my negative energy…..









Wow. These folks are touting “the secret” which is no more or less than the principle of positive thinking and the self-fulfilling prophecy.
Two things frighten me. First, it’s hard to fanthom paying someone to act in my best interests, as my agent, when they are utterly absorbed in their own goals and aspirations to the point of being brainwashed. One spokesperson actually described their technique as “shutting off a valve in their brain.”
Second, I coudln’t help thinking about mass movements of brainwashed people when watching these agents…Jonestown, Nazi Germany…and how much personal freedom of thought folks sometimes give up inside of themselves in the name of their “progress and enlightenment.”
Some of these folks will need intensive deprogramming to get back to reality. I would recommend they begin by reading Shakespeare and Tolstoy, listening to jazz music, going to the gym, volunteering their time, and loving someone.
Moin,
WOW!
i would like to see the same folks every 6 month.
I assume you can see from their rapidly aging faces how their “turning the market” has worked…..
DCbeacon-
I felt the same there is a big difference between “focusing on the positive” and “denying reality.”
I’d much rather do business with someone who gave me the most accurate assessment they could about the market- not one of these “top producers” who don’t seem to have a grip on reality.
These realtors need to come to the realization that we the buyers ARE ALSO thinking positively. We are saving our families from financial disaster by waiting until we can get a good deal on a home we can actually afford without dubious financial products.
Once we see the real estate industry shift the focus away from keeping this unsustainable house of cards propped up, to helping the only people who can help recovery begin – the next generation of buyers – THEN we will start turning this battleship around.
My first post.I think my valve to my brain was closed to realtors negative thoughts.My only question to realtors would be,”why pay a high price,when I know the price will continue to fall.”Realtors like builders are more and more looking like carnies,or the guys that do the shell game.
Twist, John, et al:
That family time of year is coming quickly once again… and what is the Christmas/New Year’s season without a family board game or two?
Just in time for Christmas, is Parker Bros. really releasing a “Subprime Monopoly” version of its popular board game??!?!
http://pttbt.ca/2007/12/06/subprime-monopoly-a-christmas-treat.html
Or, is it just yours truly writing an article for a friend’s ‘fake news’ website? (I report – you decide!) :p
I’m sorry to my competent realtor friends, but most agent are useless to me. When I’m in transactions, I always perform their duties by following up with title, tracking the appraisal and termite, asking for proof of loan approval (if I’m selling), and anything else to close the deal. You’d think that the agent would care when they got their commission. However, if you want the job done by the date on the contract, you need to do it yourself.
“Overcoming Real Estate Losses” at http://WhineCountryRealEstate.blogspot.com/
twist, I’m kind of upset at how you only want to focus on the boring stuff.
All I care about is how much you can lend me and how much house I can get.
It’s obvious that with global warming and overpopulation we’re going to be in a massive shortage of land soon. You’re thinking short term here.
Let’s drop all the sad “boo hoo” stuff and figure out how I’m going to afford this 6 bedroom $500k house in Gilbert.
…
The sad thing is that somewhere out there are buyers with the above mentality who’s eyes just glaaaaaze over as any agent tries to explain some of the potential perils of purchasing right now.
Selective Hearing, meet the next “late to the market” specuvestor!
Quite honestly, they sound like a bunch of cult members to me.
quote: “not be afraid of all the extraneous stuff that is going on out there. Yeah, we?ll have an impact on the industry.”
That is shop talk for: The d**ned real-estate market has crashed, and there is blood in the streets. But, don’t be afraid of all that sh**, it ain’t important. Just sell a house to some dumb*** who can’t tell the difference between a fixed rate and an ARM.
Also, they will make an “impact” alright. The prices will just keep going DOWN!! That’s a positive impact for ya’!
[Slight edit- T.]
Top producing positive mindset realtors, how do they find time out of their busy day to tape themselves?
At 6:20 into the video, I was hoping they would show us some of their commission checks.
None the less, it was still an entertaining infomercial.
almost without exception, complete poppycock. the total lack of sophistication, reality, and analysis is amazing actually.
like someone said above, scary that these people are supposed to represent a buyer’s best interest when they clearly haven’t the foggiest clue about the current market.
twist -
That was fascinating. Of course I had heard some of the buzz about “The Secret,” but until the above discussion had not investigated what it was about, nor had I heard of “New Thought,” “Law of Attraction,” or the other aspects of this interesting cultish construct. I’ll have to dig a bit deeper, but it looks like these folks are stumbling in approximately the right place.
My friend D____ and I actually figured out the “Secret” in question in late 2003. It’s simplest manifestation is the following mandala diagram (teletype font works inside blockquotes — go figure):
Most of the basis for the above construct was worked out by Sabina Spielrein before World War I (the details of Jungian inferior cognitive function theory, also known as Anima/Animus) and by Isabel Briggs Myers during World War II (her Auxiliary Hypothesis).
The (hexadecimal base 16) numbers in the diagram stand for both the 16 Myers-Briggs four letter codes ranked in alphabetical order, and for the labels of the 16 natural interpersonal relationship codes that arise from calculating relative MBTI function stacks from one person to the other (the diagram is rotated in the natural way to place the type of interest into the zero spot of the diagram). Joe Butt’s “functional analysis” calculates interpersonal relationships based on XOR’ing the two hexadecimal type codes, but D___ and I concluded that the correct procedure required the additional step of swapping the middle bits of the initial XOR result whenever the type on the left was a Jungian irrational.
The diagram, then is a directed graph that points out the patterns of association where the primary cognitive function of “a” in the a –> b relationship matches the auxiliary cognitive function of “b.” The stack mappings form an order 16 subgroup of the wreath product S4 wr Z2, which bears a very close resemblance to the configurational interrelationships among the 16 sugars in the glucose family. That’s probably at the root of why Alchemy keeps coming up in this discussion.
I just finished working my way through the earlier version of Yeats’ A Vision, and his lunar-phase model was also quite thought-provoking.
The video was a good demonstration of groupthink in action, and valuable for that purpose. That they were using these tools to facilitate RE right-think opens up a variety of possible paths for inquiry. Thanks so much for this provocative post and discussion.
I made it to “inventory has been steady for the past year”.
Inventory numbers taken from ocrentor’s BMIT:
01/31/07: 51,913
11/30/07: 64,521
So by “steady”, he means up 24%.
John-
If this is the simplest manifestation, the mind boggles at a more complex version. : )
Readers-
John not only can figure this stuff out, he can then express it in HTML. I’m still proud of myself for having gone several months without having my HTML break the site.
Sandman-
You’ll enjoy M’s rebuttal to some of the data presented in tomorrow’s post.
Hmmm. I recall that back in the late 1960s, a group of a couple of thousand people gathered around the Pentagon. They were anti-war protestors, and their goal was to levitate the entire Pentagon building.
Like all of the sixties and seventies stuff, most people just went along for that great ‘oooommmm’ feeling.
I don’t remember if any top producers were there.
But it was about as realistic as this ’secret’ meeting.
Wow.
I wonder if they keep calling the Carleton Sheets hotline and/or watch a nonstop set of “Flip That House” on cable TV during the day?
twist (#15) -
Just between you and me, I’m starting to make progress on the more complicated version. Over the weekend I picked up the book version of “The Secret” at a yard sale for 25 cents. Fascinating stuff. Turns out to be a late manifestation of the “New Thought” movement, with a key early text being “Thoughts are Things”, by Prentice Mulford. From what I can pick up so far, this is precisely the same basic concept as what I have been working on. Confusingly, the “thought” in “New Thought” seems to be the non-logical human rational cognitive function — i.e. what Carl Jung called “Feeling” and more recent workers called “Emotional Intelligence” (or “EQ). A key assertion in my system is that Jungian F is the human organ of ontology, and if I’m parsing Mulford correctly, “Thoughts are Things” in the context of “New Thought” is the same observation.
In a short session of internet searching this morning I find that the above links to “The Making of Personality”, by Bliss Carman, of all people. Carman was something like Emerson’s second cousin once removed, and caught up in some species of post-Unitarian tree hugging in the late 19th and early 20th centuries that involved the early promotion of tourism from New England to Nova Scotia (Longfellow rules!)
So it appears I’ll have to take Brian Bartlett’s Nature Poetry course after all
Oh well, it beats watching Lehman trying to collapse over the rest of this week