Vance Remele : A Message From Stanley Johnson, You Remember Him

Welcome to Reliberation Sign in | Help

Reliberation > Blogs > Vance Remele > Post

A Message From Stanley Johnson, You Remember Him

By: Vance Remele
Tuesday, January 01, 2008 5:00 PM

Lets not loose site on how the market conditions have changed over the past year and a half and why, and hope that 2008 Puts "ALL" the Stanley Johnson's back on track this year ! and make it a great year for all of Us.

Happy New Year Gang

http://youtube.com/watch?v=hn5EP9StlVA

Comments

Member Since '06	Tim and Susan Fennell said: Stanley is a riot! LOL Unfortunately, we have talked to many 'Stanleys' over the last year who used their home equity to pay for all their toys... then they wonder why they can't sell their home for what they owe on it. Their 'equity' is sitting in the driveway or is floating in a marina, etc. [sigh] January 1, 2008 5:06 PM
Member Since '06	Vance Remele said: Well Happy New Year to you Both :) Yup the Johnson's have a very large family a few million family members at least, hopefully they have the same New Year resolutions ! and get back on track in 08. It would be nice to see a newer version of the Johnson family to see how they are doing today and see if they are still in debt up into there eyeballs. Going from 07 to 08 is just a number, predictions are just that predictions, as we all know in real life the real estate market will come back as it always have in the past corrections it will take some time for this one to turn back around because of the Johnson situations do not clear up overnight. Those of us that have been in this game for a while know this, those who just got in this business it is part of your learning experience that the real estate schools do not offer "Real Life Experiences" in and forgot to tell you, remember they did not promise us a Rose Garden and there classes are empty now. Lets just hang tight, this to shall come to past ... January 2, 2008 4:51 AM
Member Since '05	Millie Rowan said: Happy New Year Vance! I keep telling people I meet that the real estate market is just making a correction from all the craziness of the past couple of years. If we all just hang tight things will go back to "normal". January 2, 2008 6:47 AM
Member Since '04	Vance Remele said: Hi Millie and Happy Hew Year to you to ! Lets see if 2008 will sell that Air Park home for you!! and flyaway....2008 http://youtube.com/watch?v=MkNugqMMwxU Vancetube January 2, 2008 7:34 AM
Member Since '04	Vance Remele said: Just another reminder why getting a mortgage in 2008 will be tight to say the least, http://ml-implode.com/ But homes are still selling and people are getting mortgages. I would encourage taking on commercial properties to help fill the gap you will be glad you did !! commercial is strong.... Vance January 2, 2008 7:54 AM
Member Since '07	Candice A Donofrio said: [Vance sez: commercial is strong....] But make sure you have a mentor or training before you go into that world. (Not you Gumba, I know you know how!) :) January 2, 2008 3:10 PM
Member Since '04	Vance Remele said: Miss Gumba I agree, but if agents would just start out with free standing buildings without cap cost or phase one etc, they sell just like homes do but for more moola as you know, just keep it simple for starters it would help them through the this market ya think? commercial overcomes the financial residential mortgage market squeeze look at http://AbbeySelfStorage.com the storage part had a cap cost 12%, but the metal building was a free bird and I had sold the entire property but bought the storage part and split the property in half before it closed during the deal, it closed late Nov 07 Now that metal building closes again for a second time Jan 4th !!! to a national company.. I had heard that some brokers tell there agents that they can not do commercial sales, now that is scary coming from a broker, sales license have no restrictions on them, at least mine don't.. If some agents do not spread there wings in this type of market, then for sure there wings will get "Clipped" and fall... Just an opinion to help out agents that are struggling in today's market. Vancemercial January 2, 2008 7:19 PM
Member Since '07	Candice A Donofrio said: Yes, my dear :) As a broker, I always look at liability, though . . . My agents not only CAN do commercial, I encourage them too -- BUT I supervise. CandiceControl January 2, 2008 11:38 PM