If CASH is Not Green Paper, Why Are Credit Cards PLASTIC? Why You Love Cash But Banks Don't - 02/19/10 01:20 PM
Some words are magic. Take, for instance, "NEW CAR". While in the car business I learned that those 2 words don't just mean "a big hunk of steel you would be the first person to own".
Oh no.
NEW CAR as in:
FREEDOM  ACCOMPLISHMENT STATUS SUCCESS GOOD TIMES ADVENTURE FRESH START In the world of finance we actually have a magic word as well.  It is this: CASH.
Cash is green paper. But who ever thinks of it that way?
We call it "king". We call it "cold" and "hard". But what is it really that makes 5 crisp 100 bills so much more delectable … (8 comments)

10 Ways the KEY WORDS in a Preapproval Letter Can Win a Real Estate Bidding War - 02/17/10 11:07 AM

Gilbonomics lesson of the day: The words you USE are the difference between WIN and LOSE.
Welcome to the world of cheap Bay Area houses, rock bottom interest rates, and BIDDING WARS.
Your stock as a real estate agent is going to shoot through the roof if you know how to WIN BIDDING WARS.
Last year I told real estate agents not to judge their mortgage person a how well they can get loans. Judge by how well they GET LOANS DONE.
This year, I say this to real estate agents: It is no longer about finding the right house.
It is … (15 comments)