House in Redwood City – close to El Camino, amenities.
329 CHESTNUT St, Redwood City, CA 94063 | MLS# 80925382
329 CHESTNUT St Redwood City, CA 94063
Price: $399,000
Beds: 2
Baths: 1
Sq. Ft.: 1,060
$/Sq. Ft.: $376
Lot Size: 5,000 Sq. Ft.
Property Type: Detached Single Family
Stories: 1
Year Built: 1912
Community: Lenolt
County: San Mateo
MLS#: 80925382
Source: MLSListings
Status: Active
On Redfin: 6 days
Come and see this great single family home, with lots of potential. Featuring, two bedrooms, and one bath. All other rooms were done with unknown permits. Potential for in law unit, in rear. Located near El Camino, and close to ALL amenities.
Thanks to Burbed reader for this find. Holy moley this house is cheap and affordable. The affordability crisis is definitely over in the Bay Area.
And look, it’s even got potential for in law unit in the rear! Cha-ching! Can you say cash flow.
What inspired Burbed reader Rink Rat (not to be confused with sonarrat!) to send this to me was the fact that it is close to ALL amenities. Let’s take a look shall we?
From the sky:
Well look at that. It’s got easy access to three train tracks! And some warehouses! And a very peculiar looking park!
Hey, you wanted to live green right? Well, living here you’ll always know when the next train is coming by. You won’t be missing your ride any more!
Consider it a free alarm clock!
June 11th, 2009 at 7:38 am
Come and see this great single family home, with lots of potential. Featuring, two bedrooms, and one bath. All other rooms were done with unknown permits. Potential for in law unit, in rear. Located near El Camino, and close to ALL amenities.
Anyone wants to comment on the usage of commas?
June 11th, 2009 at 8:31 am
Herve,
Don’t be too picky. The house is only listed for $399K!
June 11th, 2009 at 8:35 am
The realtard asked himself this question and said “absolutely not!”
June 11th, 2009 at 9:35 am
Non-bubble price would be in the high 200′s. Still overpriced.
June 11th, 2009 at 11:26 am
2+1 and “other rooms” done with “unknown permits”?
Anyone else get a chuckle out of the Clark Pest Control ad …. “Son, there are termites in my bedroom! …. No, Dad, there aren’t termites in the garage!” lol.
Living that clost to Cal Train is a good way to find out the “midnight special” isn’t just something in old songs. It’s also on the CalTrain tracks, and it’s a freight.
June 11th, 2009 at 11:30 am
Anyone wants to comment on the usage of commas?
——
Realtard, had potential of becoming, a language teacher, before he dropped out, from high school.
June 11th, 2009 at 11:41 am
It’s a mystery to me how expensive Redwood City is compared to the equivalent in San Jose. Are people that desperate not to be in traffic?
June 11th, 2009 at 11:50 am
But, Redwood City, is, close, to, Woodside. Doesn’t, that, make, it, more prestigious?
June 11th, 2009 at 12:01 pm
The freight siding that is close to the house goes all the way to the port in Redwood City. Must be great to live near Caltrain, and a freight siding. But the Freight trains probably go mostly at night, since Caltrain has right of way on their own tracks.
June 11th, 2009 at 12:01 pm
San Jose is close to Saratoga, Los Gatos, Cupertino and Campbell.
June 11th, 2009 at 12:08 pm
Below is a great summary of what is likely to come for the mid/high end housing market in CA:
California housing – at the low end – is ‘bottoming’ mostly because: a) median prices are down 55% from their peak over the past two years, thereby making the low end affordable; b) foreclosures have temporarily been cut by 66% through moratoriums reducing supply; and c) demand is picking up going into the busy season. But the moratoriums are ending and the number of foreclosures in the pipeline is massive – they will start showing themselves as REO over the near to mid-term. The Obama plan held the foreclosure wave back, creating a huge backlog and now the servicers are testing hundreds of thousands of defaults against the new loss mitigation initiatives. We presently see the Notice of Defaults at record highs and Notice of Trustee Sales back up to nine-month highs – there is no reason for a loan to go to the Notice of Trustee Sale stage if indeed it wasn’t a foreclosure. However, the new ‘batch’ are not only from the low end but a wide mix all the way up to several million dollars in present value. Because the majority of buyers are in ultra low and low-mid prices ranges, the supply- demand imbalance from foreclosures and organic supply will crush the mid-to-upper priced properties in 2009. We already have early seasonal hard data proving this. As the mid-to-upper end go through their respective implosions this year and the volume of sales in these bands increase as prices tumble, the mix shift will raise median and average house prices creating the ultimate in false bottoms. We also have data proving this phenomenon.
After a year or so the real pain will occur when the mid to upper bands are down 40% from where they are now, and the price compression has made the low to low-mid bands much less attractive – the very same bands that are so hot right now. Rents are tumbling and those that bought these properties for investment will be at risk of default (investors have been buying all the way down). Investors have just started to get taken to the woodshed from all of the supply and this will get much worse. Mid-to- upper end rental supply is also flooding on the market making it much better to rent a beautiful million dollar house than putting $300,000 down and buying. After investors are punished — and with move-up buyers gone for years – it will leave first-time homeowners to fix the housing market on their own. Good luck and good night. Five years from now when things look to be stabilizing, all of these terrible kick-the-can-down-the-road modifications that leave borrowers in 5-year-teaser, ultra-high-leverage, 150% LTV, balloon loans will start adjusting upward and it will be Mortgage Implosion 2.0. These loan mods will turn millions of homeowners into over-levered, underwater, renters and ensure housing is a dead asset class for years to come. Due to a confluence of events including a national foreclosure moratorium and near-zero sales in the mid to upper end during the off season, the broader housing data show signs of stabilization. Taken in context, it is a blip. There are no silver linings or green shoots in housing whatsoever other than by these first-time homeowners – former renters – who now find it cheaper to own than rent. This is a very good thing, but it only applies to a small segment of the population and will not be able to support the market. In addition, the first-time buyers who come out of the rental market put continuous pressure on rents. Our data shows that the mid-to-upper end housing market is on the precipice of the exact cliff that the market fell off of in 2007, led by new loan defaults. What happens to the economy when you hit the mid- to-upper end earners the same way the low-to-mid end was hit with the subprime implosion? We will find out soon enough. When we look back on housing at the end of 2009, anyone that made positive housing predictions this year will not believe how far off they were.
– The Field Check Group, May 5, 2009
June 11th, 2009 at 12:32 pm
How about this one:
Rentard thinks, the best time to buy, a house, is when the economy has already recovered.
June 11th, 2009 at 12:36 pm
Redwood City is on the peninsula. San Jose is not.
June 11th, 2009 at 12:38 pm
Because the majority of buyers are in ultra low and low-mid prices ranges, the supply- demand imbalance from foreclosures and organic supply will crush the mid-to-upper priced properties in 2009. We already have early seasonal hard data proving this.
That’s what they said last year. In fact, the opposite has happened after the market bottomed in Q1. Data indicates that home sales are up, and so are pending sales in the pipeline.
June 11th, 2009 at 12:46 pm
Rentard thinks, the best time to buy, a house, is when the economy has already recovered.
—-
Economic recovery is irrelevant because it “does not affect the fundamentals in the BA”.
June 11th, 2009 at 12:53 pm
Redwood City is on the peninsula. San Jose is not.
Saratoga is also not on the peninsula. What’s your point?
June 11th, 2009 at 1:03 pm
That’s what they said last year.
—–
No, in last year our local real estate “pro” said following:
The very same “pro” is talking about Q1 bottom….NOW!!! If there is no price drop, where is this bottom coming from? Needless to say that his bottom call is as wrong as his April 13th 2008 comment.
June 11th, 2009 at 2:00 pm
Certainly, the Retard predicted the fall of Lieman Brothers and the ensuing global financial crisis. This is why he is still renting.
June 11th, 2009 at 2:02 pm
I meant rentard (that was Freudian slip).
June 11th, 2009 at 2:13 pm
Certainly, the Retard predicted the fall of Lieman Brothers and the ensuing global financial crisis. This is why he is still renting.
—-
So, let’s conclude the discussion that after one year whatever RealEstater said in April 2008 turned out to be damn wrong. Therefore, it is very likely that after one year he will be damn wrong for one more time – about his recent Q1 (false) bottom call.
June 11th, 2009 at 2:16 pm
I meant rentard (that was Freudian slip).
—-
Probably you meant realtard with a trademark at the end.
June 11th, 2009 at 2:24 pm
“Certainly, the Retard predicted the fall of Lieman Brothers and the ensuing global financial crisis. This is why he is still renting.”
Oh lord excreter. How can you be such an imbecile?
June 11th, 2009 at 2:35 pm
Oh lord excreter. How can you be such an imbecile?
—-
RealEstater is right, anon. If Lehman Brothers did not fail, you would see double digit appreciation in RBA already. Eventually doom and gloom media news affected fundamentals in the BA – unfortunately. It’s all Lehman Brothers’s fault.
June 11th, 2009 at 2:42 pm
Pralay says,
So, let’s conclude the discussion that after one year whatever RealEstater said in April 2008 turned out to be damn wrong. Therefore, it is very likely that after one year he will be damn wrong for one more time
Wasn’t that your conclusion regarding our Fed Chairman?
June 11th, 2009 at 2:45 pm
I stand by my statement. As of April 2008, there was indeed no evidence.
The argument you’re making is like accusing someone of not foreseeing the 911 attacks.
June 11th, 2009 at 2:51 pm
The argument you’re making is like accusing someone of not foreseeing the 911 attacks.
—-
That’s an argument for someone who cannot read a memo. Looks like RealEstater got a pretty good company.
June 11th, 2009 at 2:59 pm
Wasn’t that your conclusion regarding our Fed Chairman?
—-
I don’t even need to conclude anything for him. He tells himself -
March 2007: Recession unlikely, says Bernanke
February 2008: Fed chief Bernanke predicts USA will avoid a recession
Another good company for RealEstater.
June 11th, 2009 at 3:04 pm
I stand by my statement. As of April 2008, there was indeed no evidence.
Arguments on this board are forward-looking. Without any predictive element, your posts are completely useless.
Back to your usual tautologies?
Back to ignoring you.
June 11th, 2009 at 3:06 pm
I stand by my statement. As of April 2008, there was indeed no evidence.
Say WHAT?!
Geez, Excreter. Ray Charles could have seen this coming.
What were you smoking last April?
June 11th, 2009 at 3:07 pm
Wasn’t that your conclusion regarding our Fed Chairman?
And according to Ken Lewis, B of As CEO, Bernanke and Paulson were pretty heavy handed in coercing him into buying Merrill. He is aleging that they threatened to remove B of As management if he reneged on the deal.
Isn’t that how the Mafia works?
June 11th, 2009 at 3:13 pm
Rentard thinks, the best time to buy, a house, is when the economy has already recovered
That is because ‘rentard’ is fiscally responsible and does not believe in putting him/herself or the welfare of his/her family at risk simply because ‘realtard’ tells him its a great time to buy.
Also, ‘rentard’ generally has superior elementary math skills that prevent him/her from being susceptible to NAR propaganda.
June 11th, 2009 at 3:31 pm
#11 – nice piece. I find it very plausible. As a renter in a mid-high end area, who’d love to get a 50% discount on the homes in the area, I cannot deny it would be good for me personally if it happens just as they say.
However, to play devil’s advocate, I’ll say that it might not be so bad in 2009 in some areas because:
1) Some people can hold out a long time and refuse to sell, dampening the fall by just having very few transactions. I’m always skeptical about how many people can ‘hold out forever’, but it’s certainly possible some high-end areas will stagnate a long time rather than fall hard by the end of 2009. (I personally think it’d be better for everyone if they fell hard now, got it overwith, I’d buy one, and we could move on
.
2) The public school quality thing has not finished playing out. We’ve always known the best schools are where the highest prices lie for non-mansion homes, and we have arguments about how high that premium should be. Since some areas still have high-performing schools, and the unemployment rate is only 12% or so, there are still some folks left trying to do it according to the modern plan – overpay massively to get good schools and think it’s worth it. I think we’ll gradually run out of those folks, and the best they can do it keep prices flat in these school districts – propping them up above the market fall they should experience.
And this stagnation will only ‘hold up’ as long as those scores stay high! You just watch what happens to prices near any school that seems to be in decline…whooooosh.
My school scores 900+, but with the insane K-12 cuts coming down from the Governator, we’re moving our K class sizes from 20 to 32. Firing teachers. Cutting programs left and right.
This sows the seeds of destroying the few remaining successful public schools in CA.
The tragedy is that during the ‘boom’ years our schools should have become flush with cash they could sock away for the bust years we’re seeing now.
Instead, b/c of Prop. 13 and a lot of people with their priorities screwed up, our schools suffered with structural deficits every damned year for the last 30 years, reacted by cutting things way down from the first class public education our kids deserve – and NOW it’s much worse.
Much worse than bad is VERY bad.
I’m confident I’m going to catch up to the housing prices in my neighborhood, either through it’s stagnation or through a sudden drop, but I’m losing confidence it’ll still have a great school by that time.
Fortunately, I can just rent here – use the school while it is good, and then leave if it fails. Rents are dropping – but that’s another long post.
June 11th, 2009 at 3:34 pm
#25 – Um, no, there was plenty of evidence for the recession, unlike the 9/11 attacks. And I predicted it, along with many others not buying into bubble fever. Why don’t you go look up how old some of the housing bubble blogs are? Hint: they’re older than April 2008.
People who have bought into the Ponzi scheme grow a strong reservoir of denial to make themselves feel better. They’re still wrong.
Being wrong in and of itself doesn’t make people bad – denying things after the fact, and leading others into similar misfortune does.
June 11th, 2009 at 3:50 pm
Since some areas still have high-performing schools, and the unemployment rate is only 12% or so, there are still some folks left trying to do it according to the modern plan – overpay massively to get good schools and think it’s worth it
I agree with that, A.
In fact, I am seeing what is tantamount to outright proof of your statement.
In the area that I live in (Los Gatos), there is a portion of Los Gatos proper which exists outside of the school district for Los Gatos High.
What is interesting is I am seeing a far more prominent correction in that area than in the zone where you are still getting the slightly higher school score. Part of this is the fact that it resides a little further from the core area. But the disparity is much more noticable.
I think a colleague of mine also indicated that they were shopping houses in Saratoga and noticed similar things. i.e., a house which was still in Saratoga proper but exists in a different school district sold at a much larger discount than its peers within the primary school district.
Incidentally, your statement about the Governator brings up a very interesting point of discussion: with the large cuts being planned, what’s to stop the state from re-districting certain areas to normalize and flatten the school districts? And what happens if you are some poor shlep who forked over his cash for some rat shack in Cupertino just to get his kids into the right school only to then be told they are being sent elsewhere?
Not pretty, no matter how you cut it.
June 11th, 2009 at 3:50 pm
That’s true, A. Lewis.
If you want to know what makes people bad, just look at what RE does.
June 11th, 2009 at 4:07 pm
Geez, Excreter. Ray Charles could have seen this coming.
What were you smoking last April?
——-
There were plenty of signs even before April. Not seeing all the signs is one thing and denial is another thing. There is no doubt that RealEstarer was in denial. When Madhaus said “our present economy is going down the toilet” in March, let’s read RealEstater’s reaction:
Guys, DOW and Nasdaq are in respectable level. Ignore all the signs and don’t believe what Madhaus says.
June 11th, 2009 at 4:12 pm
nomadic says,
>>Arguments on this board are forward-looking. Without any predictive element, your posts are completely useless.
I have given forward-looking statements on other occasions. However, Pralay tried to distort a fact-based statement into a prediction. He’s just living up to his reputation as a zero value troll. What did you jump in for?
June 11th, 2009 at 4:13 pm
#36 is the same game. In Pralay’s world there is no time context. If I say the weather is nice today, it must be nice everyday!
June 11th, 2009 at 4:25 pm
#36 is the same game. In Pralay’s world there is no time context. If I say the weather is nice today, it must be nice everyday!
—-
Actually the issue in #36 describes opposite. When Madhaus said economy going down the toilet, you just pointed out DOW and Nasdaq numbers and disagreed with her. So, if we draw the weather analogy it would look like that:
Madhaus: Weather forecast says weather is going down the toilet next week. It will rain and rain from Monday.
RealEstater: Just look at the weather today. It’s sunny. No rain.
RealEstater, it’s called denial.
June 11th, 2009 at 4:27 pm
I have given forward-looking statements on other occasions.
—-
Keep blowing your own trumpet. Unfortunately nobody believes you.
June 11th, 2009 at 4:37 pm
#33: Well said, A Lewis.
June 11th, 2009 at 5:10 pm
was just checking the May closes. a few things stood out in Palo Alto:
180 Lois Lane
list: $1,350,000
sold: $1,501,000
12 offers, great listing strategy. was a nice house next to a great elementary school.
apparently, this was well marketed too:
365 Hawthorne Av
list:$1,395,000
sold: $1,538,000
business as usual, right? not quite. let’s look at the higher end.
first, the 94306
4260 Wilkie Wy
list: $2,795,000
sold: $1,880,000
now, the prestigous 94301
1250 Lincoln Av
list: $3,195,000
sold: $2,280,000
lot: 12155
house: 3055
I know, I know, too close to University, but ouch!
staying in RE’s favorite zip
329 Lincoln Av
list: $2,498,000
sold: $1,705,00
there goes professorville
904 Cowper St
list: $1,800,000
sold: $1,550,000
and University South too! say it ain’t so.
all in all, PA continues to do extremely well but we are also seeing selection bias (technically, the beauty pagent effect). obviously, when prices clear for flawed property we’ll have a more complete picture. methinks it will be a long summer and a tough fall, especially if the “green shoots” lead to inflationary pressure.
June 11th, 2009 at 5:15 pm
“I have given forward-looking statements on other occasions. ”
Really, excreter?
Please provide a link to one of these statements…
June 11th, 2009 at 5:36 pm
Here, one forward looking comment from September 2008:
Another one, on same month:
June 11th, 2009 at 6:02 pm
What? Excreter was wrong on those predictions?
What a surprise!
ps: I really like the “nation’s mortgage/credit problems are solved now”.
What an utter idiot.
June 11th, 2009 at 6:09 pm
LOL, Pralay
…I’m dyin’ over here.
June 11th, 2009 at 8:29 pm
I don’t understand RE’s motivation to continue posting here after being so wrong for so long on so many different levels. Do you think he derives some kind of perverted pleasure from being ridiculed on a regular basis?
June 11th, 2009 at 8:49 pm
SHBH, I don’t think its pleasure from being ridiculed. Our pet troll real estater loves attention and he loves stirring people up. That is why he continues to post here.
I’m sure excreter will be back in fine form shortly proclaiming that he is “always correct” and that the market is “just about to turn around!”
June 11th, 2009 at 9:59 pm
I wish Pralay was a search engine. Or maybe Pralay is locked in Google’s basement and is answering all the search queries manually, with great success? (Cavuto mark)
June 11th, 2009 at 10:15 pm
Pralay is merely repeating the same distortions that were already responded to before. There’s really nothing new here.
Pralay is not a search engine; he’s a troll engine. Do not feed the troll, guys!
June 11th, 2009 at 10:29 pm
Pralay is merely repeating the same distortions
—–
Distortion? That’s a big word!
#44 merely quotes RealEstater’s past (and absurd) comments. I guess RealEstater’s biggest enemy is his own past comments (not Pralay).
June 11th, 2009 at 10:33 pm
I’m sure excreter will be back in fine form shortly proclaiming that he is “always correct” and that the market is “just about to turn around!”
—–
Don’t forget the “Good news!”
June 11th, 2009 at 10:34 pm
Again, your comment was already responded to. I stand by all of my comments, past or present.
June 11th, 2009 at 10:36 pm
Indeed, don’t forget the Dow has risen by more than 25% since I bought in.
June 11th, 2009 at 10:39 pm
Provided you actually bought in. How many time are you going to claim it?
June 11th, 2009 at 10:41 pm
Again, your comment was already responded to.
—–
RealEstater always explained in past. It’s like a recursive function in programming language.
June 11th, 2009 at 10:46 pm
>>Provided you actually bought in. How many time are you going to claim it?
That was discussed in the past also. Will you stop calling the same function?
June 11th, 2009 at 10:48 pm
Looks like Pralay is a recursive search engine!
June 11th, 2009 at 11:13 pm
That was discussed in the past also.
—–
Let’s revisit RealEstater’s comments again.
Real Estater claims to be buying at DOW is around 8500, in October 2008:
Keep in mind that he claimed his October purchase as “entry point”.
Then, in March 2009 he totally forgets about his previous (October) claim and declares his DOW 7500 purchase as “entry point”:
Now, the more fun part. Last week he forgets about his October claim…again:
Again, he did not mention anything about his DOW 8500 purchase (something he claimed in October). Instead he introduced his DOW 7000 purchase to bloster his fictitious 25% gain. It’s is very apparent that RealEstater is having hard time to keep his facts straight. And this is the guy who is constantly trying to blow his own trumpet with “most consistent track record” label.
June 11th, 2009 at 11:23 pm
I don’t understand RE’s motivation to continue posting here after being so wrong for so long on so many different levels.
—-
Too bad! Porsche, prestigious zipcode, sub-zero refrigerator, mega-project, frequest-flyer-miles(the reason for work), exotic plants, massive-equity, real-estate-invsntor(no investment property though; having only primary residence), right investment calls – nothing worked.
Still people ridicules him. No prestige. I think Palo Alto zipcode is not enough. He needs more prestigious zipcode. Is there any?
June 11th, 2009 at 11:26 pm
lol mega project.
I forgot about that one.
MEGAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
June 11th, 2009 at 11:26 pm
lol yeah
self proclaimed real estate investor with only a primary residence…
June 11th, 2009 at 11:30 pm
Anon,
Stop ridiculing him about his mega-project. He signed a NDS.
June 11th, 2009 at 11:30 pm
while some merely need prestige, RE requires prestidigitation
June 11th, 2009 at 11:33 pm
Right, Pralay. An NDS. And of course, excreter can’t break his NDS – that’s illegal! (NOT)
DT, he is lacking in that area as well I would imagine…
June 11th, 2009 at 11:38 pm
self proclaimed real estate investor with only a primary residence…
—–
He is a successful real estate investor, he understands “group behavior” so well!!!!!
[The funny part of that comment is that RealEstater was lecturing someone (WillowGlenner) who is actually real real-estate investor.]
June 11th, 2009 at 11:57 pm
Not interested to revisit the same topics. Let me just close out the night with a light hearted story.
A few years ago when I was on another mega project, I went to meet my new boss. She had somewhat of a reputation, so I was told to be extra careful. After discussing the project with her, we chatted for a bit. She asked me where I lived, so I told her. Her eyes lit up. As it turned out, her brother is a millionaire home builder who lives in 94301. She visits there once in a while, and knows all too well it takes certain qualifications to be there. From that point on, it was smooth sailing all the way. I got promoted within a year.
June 12th, 2009 at 12:08 am
How very true! When I replied to that job posting, I mentioned I live in Santa Clara and voila! I beat 150 people to the job. I’m not sure if the CEO’s eyes lit up, though, but I’ll ask when he’s back from vacation.
June 12th, 2009 at 12:20 am
You’re in good company with Pralay the recursive troll!
June 12th, 2009 at 12:38 am
RealEstater’s new story is as convincing as his past stories (e.g. custom officer).
Guys, it’s time to believe his story as true story and give him some respect.
June 12th, 2009 at 12:45 am
I think RealEstater can start a TV series with name Prestigious 94301.
Episode 1: Multi-country international vacation
Episode 2: Millionaire home builder’s sister
Episode 3: Name engraved brick
Episode 4: Exotic plants and built-to-order furnitures
June 12th, 2009 at 12:52 am
#69 – why is that? You don’t believe my story? Because it’s in fact true, all of it.
Only liars have a hard time believing others.
June 12th, 2009 at 1:01 am
I’m not sure if the CEO’s eyes lit up, though, but I’ll ask when he’s back from vacation.
—–
No need for verification. They definitely lit up. NASA satellite caught a massive glow of light very same day very same time at very same latitude-longitude. It definitely came from your CEO’s eyes.
June 12th, 2009 at 1:12 am
Guys, we all saw what happened when verification was offered to Pralay last time.
June 12th, 2009 at 1:19 am
#73 is a good post. Let’s see it again:
You don’t believe my story? Because it’s in fact true, all of it.
Only liars have a hard time believing others.
June 12th, 2009 at 1:23 am
The complete quote: Only liars have a hard time believing others when they speak the truth.
Pralay didn’t call me a troll.
June 12th, 2009 at 1:28 am
In general, Pralay’s pretty good at avoiding insulting other posters. You have a lot to learn from him, RE.
June 12th, 2009 at 1:33 am
I’ve seen the commercial. You can learn a lot from a dummy.
June 12th, 2009 at 8:41 am
Yes you can, RE.
June 12th, 2009 at 8:48 am
#73 is a good post. Let’s see it again:
——-
As usual you have comprehension problem, RE. #73 neither confirms authenticity of #68, nor does it refutes. It just tells other side of the story. Needless to mention that the other side of the story is as true as #67.
June 12th, 2009 at 8:52 am
Guys, we all saw what happened when verification was offered to Pralay last time.
——-
Again, no need for verification. #59 shows all the inconsistencies (and lies) in RealEstater’s fictitious purchases of 25% gain.
June 12th, 2009 at 9:32 am
Pralay, seriously how do you do this? how do you remember all of RE’s posts? you must have an amaaaazing memory!
June 12th, 2009 at 9:54 am
real estater,
you could learn a lot from a rock.
June 12th, 2009 at 10:34 am
#67
Oh my GOD! What a bunch of self-serving tripe!
Why don’t you tattoo the word ‘pretentious’ on your forehead, Real Excreter?
Geez! Kaiser Wilhelm the Second wasn’t as elitist as you claim to be. Unbelievable!
And for the record, ANY boss that bases their hiring or promotion decisions on where someone lives is not acting in the best interest of the company. What kind of baseline is that? For all she knows, you could have been some spoiled rich kid like Paris Hilton that inherited their money.
Sorry, but I hire or promote people based on their qualifications and work ethic. NOT their friggen zipcode!
June 12th, 2009 at 11:14 am
Sorry, but I hire or promote people based on their qualifications and work ethic. NOT their friggen zipcode!
——-
To be fair, zipcode is required for someone who does not have adequate qualification (and can’t spell Manhatten). Of course it does not stop him from claiming to be a graduate from one of the top universities.
June 12th, 2009 at 11:21 am
sv_newbie,
You just need to remember RealEstater’s unique Realtardised spellings. For example, search for:
site:burbed.com + Manhatten
site:burbed.com + summar
site:burbed.com + “Face Book”
site:burbed.com + “Star Bucks”
June 12th, 2009 at 11:54 am
#86 – LOL!! interesting stuff indeed. couldn’t help from posting this one (it’s quite amusing since couple of my friends work at FB)
February 28th, 2008 at 2:04 pm
Pralay,
>>Freshmen from college? That’s a long way for them to buy home.
Do you read the news? Face Book is a pre-IPO company close to going public. Those young lads are a lot closer to buying their dream home in Palo Alto than you think!
June 12th, 2009 at 12:01 pm
I bet your friends bought their dream homes already. How could the “I-am-right-all-along” guy be wrong?
June 12th, 2009 at 12:04 pm
“And for the record, ANY boss that bases their hiring or promotion decisions on where someone lives is not acting in the best interest of the company.”
Unless perhaps the boss is the new managing corporate broker for your realtor office.
June 12th, 2009 at 12:05 pm
“And for the record, ANY boss that bases their hiring or promotion decisions on where someone lives is not acting in the best interest of the company.”
Unless perhaps the boss is the new managing corporate broker for your realtor office.
Or a Vice President at AIG or Lehman….
June 12th, 2009 at 12:09 pm
Unless perhaps the boss is the new managing corporate broker for your realtor office.
—–
Shhhhhhh! He claims to be a hitech guy running mega project (he never forgets to put the “mega” in front of project).
June 12th, 2009 at 1:08 pm
He claims to be a hitech guy running mega project
Love that. “Mega Project”
Isn’t that one of the monsters that fought Godzilla? Or something on the Power Rangers.
June 12th, 2009 at 2:16 pm
http://en.wikipedia.org/wiki/Mega_Man_(character)
June 12th, 2009 at 2:21 pm
#84, yeah seriously. So, RE, what did you get promoted to? Do you have any workers reporting directly to you now?
June 12th, 2009 at 2:25 pm
#89 – oooh, very insightful. I guess that’s more likely than my idea of him living alone in a trailer park in Minnesota. Though that gives me laughs. Especially when I picture him drinking heavily and posting on burbed.
RE, your stories make a lot more sense if you indeed work in either a realtor’s office, or a mortgage-brokerage. Maybe your company does both? Maybe as ‘average tech guy’ that means you’re the only one who’s capable of changing the toner in the printer?
June 12th, 2009 at 11:00 pm
Holy Sh*t…I just checked in to see if there were a couple of comments to my ‘lil RWC tip, and it’s WWIII (um, that’s short for World War III, RE) in here. Good stuff…
Rink Rat…
June 12th, 2009 at 11:08 pm
WWIII? heh, ain’t nothin’ but a scuffle today.
June 12th, 2009 at 11:41 pm
YEah, excreter’s probably off giving hand jobs to anyone who claims to have 94301 property…
June 13th, 2009 at 12:50 am
Unbelievable! I was away for a day, and you guys spent the whole day talking about me??? Anyone up for rational discussions on real estate instead?
June 13th, 2009 at 12:59 am
BAI says,
>>And for the record, ANY boss that bases their hiring or promotion decisions on where someone lives is not acting in the best interest of the company.
That just shows you have some ways to go before leaving worker-bee status behind. Networking with your boss and making people click with you is a legitimate and necessary skill in the work place. Many people can do a particular job, but those who know how to build connections, rapport, and trusting relationships will move up faster.
June 13th, 2009 at 1:20 am
Nice, the stuff one can learn from dummies!
June 13th, 2009 at 1:29 am
The reality is that you either get promoted out of competence, which means you retain your independence, the respect of your peers and team, and the consideration of your boss’ boss if there’s one – or you get promoted out of politics, which means the opposite: allegiance, disrespect and disregard. Which of the two works best comes down to the quality of the company’s leadership, and that covers the whole spectrum. I observed first-hand good leadership handing over a longer rope to people who think just like you, only to watch them hang themselves on it. There are good leaders out there who click on goals, results and metrics rather than on connections, rapport and networking – even in sales and marketing.
June 13th, 2009 at 8:05 am
DreamT says,
>>There are good leaders out there who click on goals, results and metrics rather than on connections, rapport and networking – even in sales and marketing.
If you read my post carefully, you’d realize all the basis has already been covered. These factors may not matter as much in small time places you’re used to, but in a large, competitive organization with much talent, goals, results, and metrics can be achieved by many people. Who rises to the top has a lot to do with connections, rapport and networking.
June 13th, 2009 at 10:53 am
If you read my post carefully, you’d realize all the basis has already been covered.
——
LOL! Reading carefully? Comments by someone who has Realtard written all over it ?
June 13th, 2009 at 10:54 am
DreamT,
See you can learn from Realtardized logic too.
June 13th, 2009 at 10:57 pm
#103 – My observations derive from working at all levels of a company traded @ the NASDAQ. Go ahead, redefine what you meant by “small time”
June 13th, 2009 at 10:57 pm
Love that quote: http://www.nbcbayarea.com/news/entertainment/Switch-to-Digital-TV-Sends-700G-Running-for-the-Phone.html
“If this is any indication of our nation’s general ability to get things done, this recession is going to last a long time.”
June 13th, 2009 at 11:10 pm
People are pathetic. I think that proves that adding the extension for the changeover made no difference.
June 14th, 2009 at 8:23 am
OMG – I saw “Chestnut Street” and that brought back sooo many memories. Back in the mid-80′s I lived in a roach-filled apartment on Cedar Street (right behind Chestnut). I’m not sure about NOW, but back THEN, the train tracks got a lot of use – at night. We eventually became accustomed to the nightly rumblings and shakings as big-a$$ freight trains made their way slooooowly down Chestnut Street en route to the Port of Redwood City. From the rattle-bang, I suspected many of the cars were empty.
If you’ve ever seen that episode of “I Love Lucy” where the foursome are en route to Hollywood and are forced to stay at the fleabag cabins where every time a train goes by the beds rattle, shake and move across the floor…well…you wouldn’t be far off from how it was to live around Chestnut St. in the 80′s.
June 14th, 2009 at 6:12 pm
That just shows you have some ways to go before leaving worker-bee status behind. Networking with your boss and making people click with you is a legitimate and necessary skill in the work place. Many people can do a particular job, but those who know how to build connections, rapport, and trusting relationships will move up faster.
Typical excretion from our resident feces factory.
You weren’t referring to building connections. Your statement alluded to the fact that your zipcode was the predetermining factor that governed your (alleged) success. To which I responded by indicating that any manager that uses a persons location to determine who to promote is not acting in the best interest of the company.
But like always, the gyroscopic spin of the realtor-based posts jumps into high gear as you attempt to back-track on your actually statement.
And who are you accusing of being a ‘worker bee’? Do you understand why I labeled you as pretentious? You have absolutely no knowledge of my status in the company I work for. Like everything else, you just pull a supposition out of your ass.
But hey, what should I expect from a realtor masquerading as a ‘tech guy’ working on a ‘Mega Project’?