Charlotte Property Management Weekly: The Tipping Point is Coming- Are You Prepared for Lease Purchase?
“I understand that qualified buyers are becoming scarcer by the day. More and more houses I list are sitting vacant on the market while the owner eats the mortgage every month. Do I just tell them to wait for the market to come back or is there something I can do?” (Charlotte Realtor)
“In sociology, a tipping point or angle of repose is the event of a previously rare phenomenon becoming rapidly and dramatically more common. The phrase was coined in its sociological use by Morton Grodzins, by analogy with the fact in physics that adding a small amount of weight to a balanced object can cause it to suddenly and completely topple.” (Wikipedia definition of “tipping point”)
“The Times They Are A-Changin’” (Bob Dylan)
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: 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.
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