Tuesday, August 31, 2010

Patty Responds to A Caller About Her Commercial

In response to a caller:

I’ve been doing this show now for about 5 years (amazing). In that time I’ve received a few calls, mostly about the properties I highlight, some just wanting to chat about real estate, some who have problems or issues they want answers to.

This week I received my first “hate” call.

This guy was clearly angry and although he didn’t leave his name I did capture his number on my voicemail and did attempt to call him back, hoping for an opportunity talk and get at the root of his apparent anger.

Haven’t heard from him yet.

He was absolutely livid about my commercial. Said all kinds of very uncomplimentary things the least of which was that I was stupid and the reason for our current down real estate market. Of course this points to the fact that he doesn’t listen to this show or he would realize that not only is this not a ‘down’ market but a very opportunistic market for people who never dreamed they could own a home here on the Peninsula. My recent buyers include teachers, nurses, policemen and women, a fireman and single mothers.

But that aside, he was particularly angry about the part in the commercial that refers to wealth building through real estate. He indicated that I suggested that people cash out and invest all their money in a home.

I have listened to the commercial very carefully and never at any point do I suggest that, but simply that historically real estate investments have been the #1 reason for wealth in this country. With the decrease in prices now, it continues to be a good time to invest, providing you have excellent credit, a good job and a substantial down payment.

Yes, we (and I mean primarily the lending industry) were largely responsible for eliminating that criteria for too many years and that resulted in a long overdue crash and I’m sure that a few realtors were in cahoots with some of those lenders and made lots of money at the expense of their buyers but I was not one of them. As a matter of fact, I got in to the business just as things started to spiral downward (figures).

Anyway, I’m hoping that Mr. Caller hears this show and now has a clearer picture of my commercial intent. And if he is listening, I would like to invite him to lunch to continue to discuss. OK I feel much better now.

This week's top picks:
85 MOUNT DEVON ROAD, Carmel Highlands 93923   Beds: 3 Baths: 4 (3/1)
 $3,495,000 
Property is located at what is known as "The top of the world". Very private setting, gated and dramatic ocean views!! All of Pt. Lobos, PB and Carmel. Turn key setting. SqFt: 3,376 Lot Size: 87,120 Sqft

25565 PASEO DE CUMBRE , Salinas Monterey Highway 93940  Beds: 5 Baths: 5 (4/1) 
$1,475,000 
Welcome home to expansive panoramic bay views from Pacific Grove to Santa Cruz from all the main rooms of this gorgeous estate located in gated Bay Ridge. Enjoy the warm sunbelt location from the sparkling pool, Jacuzzi, fire pit & built in BBQ. Built with the finest materials & craftsmanship on 1.5 acres, this estate is what dreams are made of! SqFt: 4,400 Lot Size: 65,775 Sqft

820 CASANOVA AVENUE,#53, Monterey 93940   Beds: 2 List Price: Baths: 1 (1/0) 
$269,000 
Condo with upgrades - granite counters, stainless steel appliances, washer & dryer, new tile and carpet. Located near shopping, restaurants and access to Hwy 1. This charming ground floor condo is priced right and ready for you to move in. SqFt: 820

1835 LONDON WAY, North Salinas 93906   Beds: 3 Baths: 2 (2/0) 
$260,000 
House sits on a large lot. Single level. Many upgrades. Walking distance to schools. Must see to appreciate. SqFt: 1,748 Lot Size: 6,113 Sqft

(c) Patty Ross KRXA Radio Show_171 August 27, 2010

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