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An idiot???? You may not like him, but you can rest assured this man is not an idiot..Check into the growth his company has seen over the last 20 years. He bought up almost every small realty company in existence and then went after the big ones. As a businessman, he's genious. FAR from an idiot. JMHO
I agree with you. He is a good businessman and probably even a genius. But he is still an idiot. That is as kind as I can say about him on this forum.
amen, percerption becomes reality. you cannot have it both ways: when weichert wants us to believe there are good times ahead he's just trying to sell homes, but when the media says there are ooooohhhh bad times ahead they aren't just trying to sell newspapers???? Of course both of them are. Let's think for ourselves and not be sheeple.
btw that article is from June 08, not really current.
Last edited by Stace08; 10-17-2008 at 08:53 AM..
Reason: sp.
I'm not denying that. Of course we want a change in the housing market. I'm just saying that he is making a statement hoping it will become the truth. Not that it necessarily is the truth.
I'm trying to sell a house here in Charlotte. I'd love for things to change!
Ms. Charlotte, Long time since we chatted. I thought you just bought that house in Charlotte last year. What happened? Are you going back to NJ?
Jim Weichert is no idiot, but he is blind to the obnoxious way that his affiliates are ruining his company's name. His business models kills his franchisees profitability while inflating his, and he allows his executive team to sue everyone they can. Meanwhile he stays by himself in his Ivory Tower and counts his royalties. This is 2011 and Jim is still probably regretting he called the market bottom 4 years ago. That did kind of make him look like an idiot in retrospect.
Jim Weichert is no idiot, but he is blind to the obnoxious way that his affiliates are ruining his company's name. His business models kills his franchisees profitability while inflating his, and he allows his executive team to sue everyone they can. Meanwhile he stays by himself in his Ivory Tower and counts his royalties. This is 2011 and Jim is still probably regretting he called the market bottom 4 years ago. That did kind of make him look like an idiot in retrospect.
Being caught by City-Data's Forum archives attempting to stimulate your business by acting so "authoritative"?
I read about Jim Weichert's contention here for the first time, but independently, I have been beginning to feel a turnaround. Employment numbers are starting to rebound, and that is the key to everything. Also, as an appraiser, I track median home prices and they have definitely stabilized in most of the suburban areas. Foreclosures are also dropping sharply, and my REO volume has slowed significantly.
Could the wheels come off again? Sure. But as of right now, it does seem like there is a nascent turnaround.
No agenda here either, as I've been doing fine even in this dead market. I almost dread a real turnaround, as it might lead to 100 hour weeks again. And that is not something I look forward to.
If we all listened to Weichert in 2008 our houses would be in foreclosure and this country would be in a biggest depression ever . I'm glad some of us have common sense.
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