Charlotte Property Management Weekly: A Realtor’s $100K Case for Rent-To-Own- It’s All About the BATNA
Example: OK, Mark just asked you out. Do you say “yes” and go out with him this week? He’s average looking and needs to trim his nose hair, but he seems sort of funny. If you say “yes”, you’ve got a date (and a free meal) on Friday night. If you say “no”, you might be sitting at home alone (again) this weekend watching TV and listening to your friend, Molly, complain about her awful life for an hour over the phone. Oh geez, it could get worse; Molly might feel inclined to stop by if she knows you’ll be home…
Learn MoreCharlotte Property Management Weekly: Sales- You Gonna Do It the Hard Way or Like Rick Pitino?
“I’m okay at sales. I send out 1,000 postcards and call all my internet leads every month. I’m just trying to figure out how to convert more of them this year.” (Pensive Charlotte Realtor)
“That’s right! You’re not your dad. He could sell a ketchup popsicle to a woman in white gloves.” (David Spade to Chris Farley in “Tommy Boy”)
“Put. That coffee. Down. Coffee’s for closers only.” (Alec Baldwin in “Glengarry Glen Ross”)
Learn MoreCharlotte Property Management Weekly: Thankful for an Awful Year: Top 2 Business Takeaways from 2009 (Part 1)
“Oh… Deck the halls with boughs of holly (picked for free from the yard), fa la la la la, la la, la, la… ‘Tis the season to (fake) be(ing) jolly, fa la la la la, la la, la, la… (“Unthankful” Charlotte Business Owner)
“…give thanks in all circumstances…” (1 Thessalonians 5:18)
“Left a good job in the city
Learn MoreCharlotte Property Management Weekly: Hoop Dreams & Lottery Ticket Listing Agreements
“Sure your home will sell. Besides (wink, wink), do you really want some dirty tenant destroying your house and using the would-be rent money to up fit their new meth lab?” (“Aggressive” Charlotte Realtor pushing for a “sale only” listing agreement)
“Everything became pretty clear at that moment. Being a rock star looked like a great job.” (Singer Tom Petty reminiscing about meeting Elvis Presley as an 11-year old)
Learn MoreCharlotte Property Management Weekly: “(Real Estate) Investing with the Stars”
“What do I look like to you? A moron? Don’t answer that… But seriously, my real estate investment properties are illiquid and have declined in value. You still say I should double down?” (Charlotte Real Estate Investor)
“Buy straw hats in the winter…” (Russell Sage, Wall Street Financier)
Buying (and selling) at the right time is the heart of many popular Wall Street mantras on how to become wealthy
Learn MoreCharlotte Property Management Weekly: Tenant Tradeoffs: Another Piece of Chocolate Cake or Look Good With Your Shirt Off?
“I don’t like the prior bankruptcy on this prospective tenant, but they make great income. The other tenant has a 430 credit score, but has perfect landlord history. Should I accept either into the property?” (Charlotte Property Manager)
“If you can’t be with the one you love, love the one you’re with.” (Crosby Stills Nash & Young)
One of the main things I learned during my MBA classes was that business, like life, is all about tradeoffs.
Learn MoreCharlotte Property Management Weekly: Coke vs. Pepsi vs. Your Real Estate Firm- What’s the Difference?
“I can’t believe that millionaire CEO who just moved to town is looking for houses with Jimmy “The Home Seeking” Missile. Doesn’t he realize Jimmy knows more about weaponry than he does real estate?” (Baffled Charlotte Real Estate Agent)
Coke and Pepsi have been warring over market share in the soda business for a long time. Coke had a gigantic lead until Pepsi started making inroads in the 1970’s and 1980’s.
Learn MoreCharlotte Property Management Weekly: Controlling the Public’s Thoughts About You: The Michael Bloomberg Way
“I am the best Realtor in town! Why can’t anyone figure it out?” (frustrated Charlotte Realtor)
Michael Bloomberg, the current Mayor of New York City, came to fame as the founder of Bloomberg, LP. His company builds and maintains data terminals for members of the financial community who need access to real-time financial data. He built this from nothing to a $10B+ company in around 20 years.
Learn MoreCharlotte Property Management Weekly: Retail Lessons on How to Sell the “Little House on the Prairie” in Today’s Market
“Oh, I wish a buyer would buy my house now…” (Many anxious Charlotte home sellers)
“Oh, I wish I could buy a house right now…” (Many anxious Charlotte renters)
Retailers are getting a really bad rap these days. Their sales figures are low, profit margins are terrible (they have to discount everything to move it), many are going into bankruptcy, and Wall Street is punishing their stocks.
Learn MoreCharlotte Property Management Weekly: Interpreting Signs in New Testament Times & Today
“The real estate market is coming back!! Did you see the news last night? The Fed and Obama say the recession is over. They’ll be buyers for my house in no time!” (Charlotte Landlord)
“…When evening comes, you say, ‘It will be fair weather, for the sky is red,’ and in the morning, ‘Today it will be stormy, for the sky is red and overcast.’ You know how to interpret the appearance of the sky, but you cannot interpret the signs of the times.” (Jesus Christ, recorded in Matthew 16:2-3)
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