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HOMEOWNERS BEWARE – Foreclosure Rescue Scams

 

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BEWARE: Foreclosure Rescue Scams

Written by Patrick Canavan | Discussion: No Comments »

Merrill Lynch CEO Earns $83 Million in Compensation

Bailout Banks paid $1.6 Billion in compensation to 600 top executives – in salaries, Bonuses etc.. in 2007

Bailout Package

Bailout Package

Lloyd Blankfein CEO – Goldman Sacs

2008 Compensation
$54 Million
Goldman Sacs Govt.
Bailout: $10 Billion

John Thain CEO – Merrill Lynch

2008 Compensation
$83 Million
Merrill Lynch Govt.

Bailout: $10 Billion

This information is from their SECC filings – disclosing all their perks, golf memberships etc..

Apparently John Thain only worked for 1/2 a year with a signing bonus of $15 million who gave up his bonuses for huge stock options. Goldman Sacs says they will give up their bonuses but how much of this will be a token because most of what they have been saying is that they need some of this money to retain Talent & that they cannot bring in the Executives they need if they cannot offer them high salaries. Aren’t these the guys that created the mess we are ?????????

SIX FINANCIAL COMPANIES THAT GOT $270 BILLION STILL OWN CORPORATE JETS.



Written by Patrick Canavan | Discussion: 1 Comment »

Realtors That Complain

If You Can’t Stand The Heat Get Out Of The Kitchen.  “REALTORS” If you can’t stand the market get out of the business.

I am tired of other Realtors and agents complaining to me about the market. You guys are worse than the media. Most of you don’t know what your doing or saying. I would hate to know what your saying to your clients. Hmmmm,  let me think on that. If you complain you obviously have no clients and you obviously have no idea how to go back to the basics. And if you do have clients you dislike them. You moan and groan how bad your clients are. Making you work, previewing homes, having to run searches, O my God and having to email those searches.

All I hear from you guys is its just going to get worse.  The media are saying this, they are saying that, this much % is down, foreclosures are going to raid, pilage and plunder our Nation. WHAT WILL HAPPEN TO THE WORLD?

escrow 

I had an agent ask me to open up escrow and she would fax me the signed purchase offer in a day or two. I was Gob Smacked.  Your asking me to open escrow with no signed (executed) contract.  Yes she says.  I then asked her “If it takes an Elephant two weeks to walk a week how many banana’s in a bunch of grapes? WHAT?

Yes, exactly what are you talking about.

What is the difference between a Buyers market and a Sellers Market?  Nothing.  This market is an excellent market.  It is an amazing market.  It is a market you can shine in.  It is a market you can represent buyers that can finally afford a home. That can finally purchase their Dream Home.  It is a market where the Sellers do not have buyers over a barrel.

 

Why can’t you be as motivated as buyers are right now.  Imagine what that would BEST BUYbe like? Imagine what that would be like? a Realtor to be as motivated as their client. What a TEAM that would be.  Why not create a TEAM.  A team of buyers. O Wait I forgot, you have to work for it.  Lets forget that notion. Your job is to complain. Your Job is to annoy, bother all around you with your nonsense talk.

        

 

Happy RealtorsYou should be the most excited you have ever been. And all you do is complain.  Have you ever door knocked.  Have you tried to door knock?

And instead of asking them do they want to buy or sell?  Instead have a conversation.  Have a conversation.  Do you have the nerve to.  Probably not.  TO MUCH WORK.  Or you don’t have any idea of the market and all its benefits when buying now. Which should be done in the next 6 months.

Read more regarding that in my previous post:

Guys, you can stand out like a migraine. Like you do already. But for the wrong reason. Stand out as a Realtor, stand out for knowing your market. Over load your clients with information. Its what they are looking for.

I have clients say, that one of the main reasons they enjoy the buying process with me and come back again and again is that I have been the only Realtor who has helped and has given so much information.  Everyone else has not been as helpful.  This I do not understand. Giving your clients information they do not want. Why are you not giving your clients what they are asking for?

Do you even listen to what your Clients want? WHY NOT? ARE THEY BOTHERING YOU?

Are you a Donkey or a REALTORIf your clients ask for 4 bedrooms 3 bathrooms and no Pool,  do not give them 3 bedrooms and 2 bathrooms with a pool. If your clients ask for information give it to them. If you have a website and a buyer needs to sign up before any information is given, PLEASE keep doing so. Because when they get to my website they get everything with no registration. So when they need information they will know where to go. Won’t think twice about it.  So again PLEASE keep it up. I’ll help those people even if you won’t.  SO

Take advatage of the Buyers Market like you would a Sellers Market.  Be as Motivated as a First Time Buyer.  It’s a no Brainer.  It’s a match made in Heaven.

How about this for all you Agent Moaners, I will help you, I promise. This is what I will do.  All your clients that are bothering you and asking you to work for them (How dare they) give them my number 1-714-943-0444 and ask for Patrick Canavan and I will give them exactly what they are looking for, the HELP and INFORMATION they deserve.

OR,  Be as Motivated as a FIRST TIME BUYER the feeling is great.  It feels alot better than complaining.

Remember this if you ever open a Restuarant, it is all about the customer. If you lose sight of that concept your Restuarant will go down in Flames.

It is no different in Real Estate.  “IT IS ALL ABOUT THE CLIENT”  They pay your wage.  Only for them you would not have a career. OR DO YOU ?

Written by Patrick Canavan | Discussion: 2 Comments »

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