Charlotte Property Management Weekly: Lies, Damn Lies, & Rent-To-Own Statistics: 5 Ways to Increase Your Odds of Sale
“I’m sorry. My Broker-in-Charge does not permit us to do lease options. She said the percent of people that actually purchase is 8%.” (Charlotte Realtor)
“Statistics are like a drunk with a lamppost: used more for support than illumination.” (Winston Churchill)
Wow- 8%! I still can’t get over that figure.
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: Sarah Palin- A Huge Rent-To-Own and Seller Financing Fan?
“I need to do something to sell my empty house NOW.” (Unhappy Charlotte Landlord)
Moderator: “Who do you think was at fault? I start with you, Gov. Palin. Was it the greedy lenders? Was it the risky home-buyers who shouldn’t have been buying a home in the first place?”
Sarah Palin: “Darn right it was the predator lenders!” (VP Debate vs. Joe Biden 10/2/08)
Learn MoreCharlotte Property Management Weekly: What is “Rent-To-Sell”? A Primer by “Ugly Kid”
“You think ‘Rent-To-Sell’ is the best way to sell in this economy? Why is it better than just listing my home for sale?” (Skeptical Charlotte Home Seller)
“My son will have a date to that darn prom if it is the last thing I do…” (Rueful rallying cry from the father of “Ugly Kid”)
A father had a problem. Rather it was his son’s problem, but he couldn’t stomach the thought that his offspring was so unappealing to the opposite sex.
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: “To evict or not to evict” OJ Simpson
“If the glove doesn’t fit, you must acquit.” (Johnnie Cochran- OJ’s lawyer)
“If the tenant doesn’t submit (payment), you must evict?” (Anxious Landlords)
From a drama perspective, OJ Simpson’s (first) trial was great theater. It had a thrilling beginning (who could forget the white Bronco chase on the interstate?) and it immediately captured the nation’s attention. The story was televised 24-hours a day and reporters energetically followed every lead and generated hundreds of side stories (the “Dancing Ito’s” anyone?). The public was excited, and then the trial got past its first week (which turned out to be the first of around 60 weeks). Whew!
Learn MoreRenting McDonald’s-Style- “Do you want Fido(s) with that?”
“No, we will never allow pets in our rental home! They are destructive, the arch-enemy of nice carpet, and borderline evil. In fact, my Uncle Jeb’s ex-wife got a dog and ran away with Fido 6 months later!”
OK- this conversation might not have happened.
McDonalds’s stock in the mid-1980’s was struggling
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