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11-05-2009, 09:43 AM
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Senior Member
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Join Date: Jul 2008
Location: Triangle, VA
5,153 posts, read 2,584,266 times
Reputation: 2626
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I wouldn't get mad, but I probably say to myself: "Hmmm, I think I'm in the wrong line of job and I need a career change".
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11-05-2009, 10:04 AM
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Senior Member
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Join Date: Feb 2009
857 posts, read 383,632 times
Reputation: 294
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Actually, I didn't know what to do with myself after graduating from college; I was working in a drug store as a manager trainee; my uncle happened to mention that a real estate friend of his had a new Cadillac, and that his real estate wife also had a new Cadillac; that did it for me, I went into real estate and it paid off.
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11-05-2009, 11:34 AM
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Senior Member
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Join Date: Dec 2007
Location: New Hampsha
1,212 posts, read 516,292 times
Reputation: 301
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as long as they earned the money legally, i dont care if they waist their money on a POS italian car
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11-06-2009, 11:28 AM
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Junior Member
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Join Date: Nov 2009
6 posts, read 1,179 times
Reputation: 14
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Hmmm . . . personally, I'd laugh & feel sorry for them, cuz they probably have debt up to their EYBALLS, heh. I have known a few truly wealthy individuals in my life, and NONE of them drive around in fancy automobiles. If you read Thomas J. Stanley's book "The Millionaire Next Door" as well as "The Millionaire Mind", you will understand exactly what I'm talking about. Truly wealthy people don't need to wear their success on their sleeve-- only people who WISH they were truly wealthy do that.
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11-06-2009, 12:01 PM
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Moderator
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Join Date: Jun 2008
Location: Washington, DC & New York
3,359 posts, read 2,086,292 times
Reputation: 998
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A SUV is a more sensible choice for a realtor than an exotic. It would not bother me, save for the fact that some people make such a big deal over their car, and if one doesn't notice or gush properly, they fish for compliments. If they are selling houses that are not in the bracket to which the car belongs, however, that's not good business sense as they could alienate their clients. If said realtor is selling single-family homes to families, a nice, but not over the top family SUV, minivan, or station wagon is a much better choice than an exotic, IMO.
An XC90, X5, ML/GL, Suburban, Odyssey, Sienna, that's clean and in good repair makes a much better statement than a flashy vehicle that calls attention to the car/driver. What it says to me is that the ego has been checked at the door, and while they may be a very successful agent/broker, they are confident that they don't need to advertise it daily.
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11-06-2009, 03:55 PM
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Member
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Join Date: Oct 2009
16 posts, read 3,555 times
Reputation: 15
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Quote:
Originally Posted by ppleagle429
Hmmm . . . personally, I'd laugh & feel sorry for them, cuz they probably have debt up to their EYBALLS, heh. I have known a few truly wealthy individuals in my life, and NONE of them drive around in fancy automobiles. If you read Thomas J. Stanley's book "The Millionaire Next Door" as well as "The Millionaire Mind", you will understand exactly what I'm talking about. Truly wealthy people don't need to wear their success on their sleeve-- only people who WISH they were truly wealthy do that.
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Agreed. One of my professors actually had us read The Millionaire Mind as a supplement to our course. It was a solid book, providing factual claims and data showing how the "true" wealthy lived and thinked.
I have also seen a dataset (SPSS-based) that showed the net-worth of various luxury car owners. It revealed that most were in the negative territory, or in other words, as one of my wealthy classmates has stated, "poor as dirt."
No matter, this type of foolish folly is short-lived, especially since credit expansion is close to an end.
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11-06-2009, 09:06 PM
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Senior Member
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Join Date: Mar 2007
Location: Las Vegas, Nevada
1,804 posts, read 680,272 times
Reputation: 1097
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Being a foolish champion of the underdog, if I were going to look for another house tomorrow, I'd try to seek out an agent that's just getting started, not one of the top RE agents in the firm, and if that person showed up with a 20 year old car with a missing bumper, fine and dandy!
I picked one of those agents when I bought a piece of land in Baja California one time. We even had to stop at a station to put some water into the radiator. It was great fun and this agent definitely need the comission. He couldn't thank me enough.
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11-06-2009, 09:33 PM
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Senior Member
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Join Date: Jan 2008
1,518 posts, read 1,072,661 times
Reputation: 279
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Quote:
Originally Posted by ShelbyGirl1
The OP used he/she.
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Thank you for pointing that out. I overlooked the "he" in the OP and didn't feel like going back to check. I did not intend to mean what some seem to think I did.
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11-06-2009, 09:40 PM
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Senior Member
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Join Date: Jul 2009
Location: Sierra Vista, AZ
4,432 posts, read 979,850 times
Reputation: 1285
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If I'm selling it's good, means he sells a lot of houses
If i'm buying it's bad, this sucker will do anything to make a sale
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11-06-2009, 10:15 PM
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Real Estate Sales Associate (NJ)
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Join Date: Jul 2007
Location: Central New Jersey
1,167 posts, read 1,143,442 times
Reputation: 146
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Quote:
Originally Posted by bicoastal10
A Porsche is not in the same category as a Ferrari or Lamborgini. The former is about $125k-200k less than the latter.
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They are not that far off, especially if used. You are reading way to much into this. Most people are not into cars and will not even notice the difference since many that are not into cars think that a Porsche is all and mighty.
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