Thank you to Eleanor for the inspriation on this post!

A collegue of mine recently expressed frustration in dealing with a client. This client wanted to sell their home, but had recently watched Suzy Orman advise someone NOT to sell right now. As my collegue tried to explain to the client, "We do not live in one of those areas that are suffering from a major declining market", the client seemed to take Suzy's advice more seriously.

Should we listen to Suzy? Or just ignore her? Here is what I had to say >> Read Entire Post

Oh and while you're reading the entire post, please comment on it there too!

Ed Nailor

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The Ed Nailor Mortgage Team

Charlotte Mortgages

704-651-8704 Phone
or visit www.EdNailor.com

 

 

9 Comments on Suzy, Suzy, Suzy...

The "Suzies" I think make a living out of educating the public about what they should be afraid of. I don't think the message is necessarily bad; I just feel uncomfortable with the deilivery.

01/10/2008 08:21 AM by Kevin McGrath - Fredericksburg VA Real Estate (Coldwell Banker Elite - Fredericksburg/Spotsylvania)

That's the problem with these national media people.  They just don't know everything that's going on in each market.  As far as I'm concerned, they are nothing but a $50 haircut and a $5 brain.

01/10/2008 08:23 AM by David Slavin, ABR, SRES RE/MAX Grand, Katy, TX (RE/MAX Grand)

Don't you love when TV personalities who make their money selling self help books

with little or no experience in real estate or actual investing --- give out advice. Particularly when it is a broad-stroke - not local - perspective. It really is... as I have mentioned before in my blog like a lawyer giving advice about heart surgery....not applicable.

01/10/2008 08:29 AM by Pamela STETSON (Abbott & Caserta Realtors)

The media seems to always get it wrong or at least biased.  I wish that more people were intelligent enough to know that the media is such a manipulating machine.

01/10/2008 08:37 AM by Larry Bettag - Cherry Creek Mortgage

Perhaps we all need to "take things we read with a grain of salt." 

Patricia Aulson/Hampton NH Real Estate    

01/10/2008 08:39 AM by Patricia Aulson (PRUDENTIAL RUSH REALTY)

Credit the media with many of our economic woes today. The helped blow bubbles into the market, and now suck the wind out of it.

01/10/2008 08:40 AM by Roberta Murphy ~ Carlsbad Real Estate (Villa Sotheby's International Realty)

Suze has been much maligned in recent months as it turns out that she has less than 10% of her personal wealth in the stock market...which she claims to be an expert at.  I wouldn't take her seriously. 

Avoid the national media whenever possible regarding REAL ESTATE...They simply DO NOT get it!

Here's to a GREAT '08!

Be of service! The rewards will come!

www.mattcrow.com

 

01/10/2008 09:00 AM by Matt Crow - www.mattcrow.com 630-728-6051 (Huntley Realty)

Personally, "financial gurus" get under my skin. (Suzy, Dave Ramsey, etc.) Their "financial advice" is not realistic. I put them in the same category as those late night infomercial cons. 

01/10/2008 09:23 AM by Tracy Layne (Freedom Financial Group)

Dude!  YOu are almost getting to the point where you are TOO COOL FOR THE ROOM!  Your webiste is KILLER!

01/10/2008 09:54 AM by Eleanor Thorne, Cary Mortgage Loans (Meridian Residential)

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The articles, reviews and stories written and published on this website are simply the opinions of Ed Nailor. While Ed Nailor is a mortgage professional, the information posted on this website should not be taken as personal counsel or an endorsement of anything. For mortgage related counsel or advice to be meaningful and effective, one must sit down one on one with a professional to discuss the particulars of their situation. Without the personal consultation, Ed Nailor can not be held liable for any decisions you make as a result of what you might read or infer on this website. Proud supporter of the Right to Free Speech.


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