Comments on: Gables End in Mountain View – a tapestry of colorful 3-story homes!

By: rick

rick — Sun, 17 Aug 2008 05:44:15 +0000

NAR has ethics? It looks good on paper I guess.

By: Herve

Herve — Sat, 16 Aug 2008 22:52:22 +0000

Did anyone hear the radio ads for the California Association of Realtors?

By: Mr. Ethics

Mr. Ethics — Sat, 16 Aug 2008 21:52:17 +0000

Yes eRicK, and it likely also violates the NARs Code of Ethics (it really does exist).

By: rick

rick — Sat, 16 Aug 2008 17:33:02 +0000

Sales people lies all the time, that is their job. However, some of the lies like putting sold sign out is probably illegal, but even if it is enforced it might be a misdemeanor, in the RE industry it can be done by revoking license.

The regulation with burger restaurants is ridiculous, it is outright communist.

By: anon

anon — Sat, 16 Aug 2008 06:21:04 +0000

That’s hilarious. Where was in SJ was this, BB?

It really is wonderful to laugh at the people in the real estate industry who used to be making far more than they were worth.

Now they better find other jobs… Maybe a college degree might be required to sustain their lifestyle. Too bad most don’t have one. I hear cheesecake factory is hiring.

By: eRicK

eRicK — Sat, 16 Aug 2008 04:51:11 +0000

Reply @ buckborden,

Love the work that you did. Haha. The pissed off look on his face must have been priceless. Is there a law against deceptive selling/advertising tactics anyone?

By: nomadic

nomadic — Sat, 16 Aug 2008 01:40:36 +0000

You guys will like this one then:
http://www.redfin.com/CA/Palo-Alto/2375-SIERRA-Ct-94303/home/1733851

The house was originally priced $100k LOWER a few weeks ago, and had a deadline (about a week after listing) for all of those offers to come rolling in. Note it was priced at a 34% premium over 2005.

I guess now that they aren’t expecting multiple offers they figured they better raise that “bargain basement” price. Hehe. Good luck, it may technically be Palo Alto but it’s nestled in between 101 and a bunch of on-ramps!

By: sonarrat

sonarrat — Sat, 16 Aug 2008 01:22:40 +0000

I see the same thing by those condos at 88 S Broadway in Millbrae. They are selling – at a rate of about one every six weeks, which is not surprising since they are $1 million condos on one of the busiest street corners in San Mateo County (El Camino Real & Millbrae Ave). But there are huge signs hung from the front fascia saying “FINAL PHASE – FINAL OPPORTUNITY” which have been there since about this time last year.

By: buckborden

buckborden — Sat, 16 Aug 2008 00:39:30 +0000

Those “sold” signs are faked to make sucker buyers think that sales are brisk and to promote sucker sales. A friend and I noticed four “sold” signs in the windows of several units of a new townhome complex near his place in San Jose, and when we asked the guy in the office how come nobody is moving in, he got really evasive and said that was not public knowledge. So I inquired myself down at City Hall, and much to my (un)surprise…..the signs were faked; there were zero sales recorded since the place opened three months ago! I told the office guy there was no record of sales AT ALL for his complex, and he got really angry then. I still haven’t seen ANYBODY move into any of the units. We are thinking of changing the “Now Selling” sign out front to “NOT SELLING.”

By: madhaus

madhaus — Fri, 15 Aug 2008 19:06:30 +0000

Herve, that's an interesting cover. I love how the wall framework invades the integrity of the new home. It's the wicked jaws of equity destruction tearing at the American dream! RE agents are funny, that price reduction would be a lot more effective if it had more eights in it. Roxboy, did you get any sense that any of those places have sold? Did you see signs of inhabitance, such as furniture, shoes on the porch, and a proud homedebtor out there watering his own lawn?