Suzy, Suzy, Suzy...

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

____________________________________________________

The Ed Nailor Mortgage Team

Charlotte Mortgages

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

 

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Rainmaker
129,654
Kevin McGrath
Long & Foster Real Estate Companies- Fredericksburg/Spotsylvania - Fredericksburg, VA
Long & Foster Real Estate Companies
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.
Jan 10, 2008 12:21 AM #1
Rainer
78,168
David Slavin
Keller Williams Premier - Katy, TX
CDPE, ABR, SRES Keller Williams Premier
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.
Jan 10, 2008 12:23 AM #2
Rainmaker
92,660
Pamela STETSON
Berkshire Hathaway HomeServices Abbott Realtors - Mahwah, NJ
I would love to help you buy or sell your home!

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.

Jan 10, 2008 12:29 AM #3
Ambassador
896,390
Larry Bettag
Cherry Creek Mortgage Illinois Residential Mortgage License LMB #0005759 Cherry Creek Mortgage NMLS #: 3001 - Saint Charles, IL
Vice-President of National Production
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.
Jan 10, 2008 12:37 AM #4
Rainmaker
662,352
Patricia Aulson
BERKSHIRE HATHAWAY HOME SERVICES Verani Realty NH Real Estate - Exeter, NH
Realtor - Portsmouth NH Homes-Hampton NH Homes

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

Patricia Aulson/Hampton NH Real Estate    

Jan 10, 2008 12:39 AM #5
Rainmaker
197,736
Roberta Murphy
San Diego Previews Real Estate - Carlsbad, CA
Carlsbad Real Estate and Homes
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.
Jan 10, 2008 12:40 AM #6
Rainer
51,907
Matt Crow
Huntley Realty - Huntley, IL
www.mattcrow.com 630-728-6051

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

 

Jan 10, 2008 01:00 AM #7
Rainer
6,586
Tracy Jasper
Freedom Financial Group - Denver, CO

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. 

Jan 10, 2008 01:23 AM #8
Ambassador
275,210
Eleanor Thorne
Equity Resources - Cary, NC
Equity Resources 919-649-5058
Dude!  YOu are almost getting to the point where you are TOO COOL FOR THE ROOM!  Your webiste is KILLER!
Jan 10, 2008 01:54 AM #9
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Rainer
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