Live Near the Nightlife on Rush Street: 120 W. Oak in the Gold Coast
This bank owned 2-bedroom unit recently came on the market at 120 W. Oak in the Gold Coast, just a short stroll to the bars and restaurants on Rush Street.
The 14-unit building was built in 2002.
The unit has hardwood floors and, from the pictures, it looks like the kitchen is intact, with stainless steel appliances and granite counter tops.
This unit has 1-car parking included (a definite selling point for the neighborhood.) It also has central air and in-unit washer/dryer.
Is this a deal?
Gerald Williams at Allpoints Realty Group has the listing. See the pictures here.
Unit #2D: 2 bedrooms, 2 baths, 1000 square feet
- Sold in December 2002 for $340,000
- Lis pendens in August 2008
- Bank owned in September 2009
- Recently listed for $380,000 (parking included)
- Assessments of $392 a month
- Taxes of $4934
- Central Air
- In-unit washer/dryer
- Bedroom #1: 12×18
- Bedroom #2: 10×12
- Living room: 20×12
- Kitchen: 16×12
Looks like an $1800-2000/mo rental to me.
Love the pictures: “See here is the floor of the bathroom, and the floor in the living room, and the floor in the bedroom.”
I am scared to purchase a place that intimidates an agent so badly he can’t look up to take a picture.
Where’s the allowance for refinishing all the floors?
“Where’s the allowance for refinishing all the floors?”
That’s why it’s only $380k!
Somehow, Rush Street nightlife seems pathetic. Whether you are a young hipster, or a middle aged viagra popper, there is something just lame about being a patron of the triangle.
The triangle is for tourists, I dont know any Chicagoians who actually go to the “Huntclub.”
LOL the bank is trying to make money or break even on this one.
“there is something just lame about being a patron of the triangle.”
Might have something to do with
1) Overpriced Drinks (seriously $15 for a Makers & coke wtf)
2) 40+ year old women (lots from IA and North west IN)
3) Any woman under 40 is very likely a gold digger out for free drinks
4) Douchebags from the suburbs everywhere
and a few other reasons which I forgot because I don’t go there often if ever
5) Old Douchebaguettes from the suburbs everywhere
At this price, it’s just another ordinary property that’s overpriced. Not sure how the bank expects to sell this one at this price.
“and a few other reasons which I forgot because I don’t go there often if ever”
Nah you just about covered. The Viagra Triangle is the armpit of Chicago nightlife
I sold one of these for 450k 6 months ago. Maybe the bank should have hired me.
WHAT “Rush St Night Life”? I thought all of that had gone the way of the streetcar tracks.
What an ugly, dumb building. I’m surprised the neighbors didn’t complain when it was built. Notice the bathroom sink cabinet pushed up against the tub.
But at least the kitchen range is a “slide in”, that has a “built in” look to it. That’s unusual for most developers.
The viagra triangle – it’s not that bad. I can’t say I’ve been there in a few years but with the right crowd and the right amount of alcohol I’m sure I could have a good time.
“Barry on January 20th, 2010 at 7:11 pm
“and a few other reasons which I forgot because I don’t go there often if ever”
Nah you just about covered. The Viagra Triangle is the armpit of Chicago nightlife”
What’s wrong with 40+ year old women?
Nothing.. if you’re 40!
“The viagra triangle – it’s not that bad. I can’t say I’ve been there in a few years but with the right crowd and the right amount of alcohol I’m sure I could have a good time. ”
Yeah but by that logic anywhere can be a good time. Life is 90% who you’re with a 10% where you are, but I’d still rather stay as far away as possible from that cesspool
“The viagra triangle – it’s not that bad”
since that phrase became popular, the rush street area has been a joke in peoples mind. Its realy not that bad. (i say this as its been about three years since i been to a bar or food establishment there.)
i will say i have never trolled the streets there sober.
“I sold one of these for 450k 6 months ago. Maybe the bank should have hired me.”
Matt:
I heard they would have but apparently the condo association has a bylaw regulating size of a Realtor (TM) sign that can be displayed on the building.
By the way, haven’t noticed your Halsted property is under contract yet though you were working with an offer last year. So much for the Super Selling System (R) ??
In all seriousness, any woman under the age of 25 on Rush Street who isn’t working at a restaurant or a bar is working the oldest job in the world. Those businessmen with the eastern european supermodel chicks don’t have the money to have girlfriends that hot all of the time.
Even if you liked the location, this place is horrible beyond description. Pass.
Peg what would under 25 year old delousers and hunters be doing hanging out around Rush St?
Bob – uhhh, do I really have to spell it out? http://www.yellowpages.com/Chicago-IL/Escort-Service
Bob – Pull out the yellow pages and look under ‘Escort Services.’
Hey – no knocking the Viagra Triangle! An enjoyable summer time activity is to sit at a Gibson’s outdoor table and people watch. Absolutely fascinating and completely hilarious. Imagine being able to do that from your front window! I might not even need cable…
That is a very high association fee (almost $400 / mo) for a 2/2 that looks like a walkup. Since it was built in 2002, I wonder what gives on the repairs, etc.
everybody usually seems to be having fun at the Hangge Uppe.
PJ clarks is ok .
I have a lot of indian buddies, american born, they like the Hunt Club.
JMM-
No restrictions in that association on my huge, cool signage. I will keep you posted on Halsted. Keep hatin.
MGG
But… what happened to the offer you were working with?
I’ll keep hating so long as you keep dreaming your self aggrandized bs is actually helpful to your clients.
CH,
ask the bouncer @ PJ Clarks that looks like matthew fox why his nose is crooked. (if he is still there). my hand hurt for like a week after that one.
Hunt club may have changed since i would go, it was a early 20’s place that would get flow from bar chicago and mothers.
I heard it was the spot back in the days of Gary Fencik, but yeah last time i went (10+ yrs ago) it was how you described…part of why I found it interesting that the Indian set had taken to it.
JMM-
Still working on the contract. It can be a long process in this market. You are a big man taking shots at me anonymously. The fact is signage is a great way to generate traffic on a property. And I am regularily on CNBC because I have demonstrated to them that I add value to their real estate discussions. Sorry if that is self-aggrandizing.
It seems you have a problem with me. That is cool. Maybe I shoved you in a locker in high school or something. If so I apoligize.
MGG
JMM is the perpetual antagonist. its such good entertainment, thank you 🙂
CH,
Doode the indian set have taken to many night clubs the past 10 years. I used to frequent a latin club, 720’s and noticed each month more and more would show up. same with funky Buddha lounge. The indian patrons are a awesome addition to the scene as the have A LOT OF FUN, are freindly, dont cause much trouble and spend cash. (i.e. no drinking at home before going out to save $$$)
Hey man, I was just checking as you indicated you had a contract. I am sure that wasn’t bs or anything so I just wanted to follow up.
Oh so you were a tough guy in hs eh? I am pretty sure the guy who ends up as a Realtor (TM) was *not* exactly the kind of dude to fear, unless the locker is actually the locker room where we’re showing lol.
JMM-
What is your implication regarding really successful real estate agents? I am not following. Maybe you should pull out your thesaurus and use another big word like aggrandizing to make yourself more clear.
MGG
There wasn’t an implication about a really successful real estate agent because you’re only as good as your last deal (or year) and I think its fairly clear your salad days are over.
Sorry, let me get a big word in here — schadenfreude. I will admit to a little bit of that with cocky arrogant clowns such as yourself.
I would be so embarrased to have a giant sign outside my property. And I’d be pissed off if I lived in the area and one of my neighbors had one. Tacky!
JMM-
Its fairly clear that you have no idea what you are talking about. I sold over 60 properties in 2009. Schadenfreude is commonly associated with feelings of envy, which explains why you feel it.
MGG
Schadenfreude is more like the subtle appreciation of karmic justice, much less feelings of envy. Regardless, the resentment that JMM feels for you is to be expected. He also hates Bob and he also looks down upon those make less money than him.
Re: schadenfreude, did you have to look that up to learn that? I think it’s fairly reasonable to say that there is little to be envious of. You are a broker, hustling for a quick buck whenever and wherever you can.
And, you know very well that *you* didn’t sell 60 properties. Your team of sycophants did the legwork (and you obviously have to pay them to do so). So I am not sure you are really that successful (if 60 crappy condos get you there anyway — I don’t see your name on the door of the $2M LP mansions). But here you go taking all the credit, again with an ego as big as your sign.
And, what is 2009 down from in 2006? How much volume does that 60 represent? What is your YoY comparison 2008 vs. 2009 in terms of volume (which is all that matters)?
“Still working on the contract”
Really? Is this a reverse triangular merger agreement that requires the services of a biglaw firm like K&E or Latham? If a RE contract were really that complex, people like you would not be in business.
I’d bet “still working” = a bid with a 25% discount to OLP that requires your ranting owner to come to the table with a check.
JMM
You seem to know a lot about my business (hater). I sold 761 units in 2006. My volume in 2008 was 40 million, my volume in 2009 was 20 million. My YTD volume in 2010 is 9 million.
I made a decision to change my business model in early 2009 to work with standard buyers and sellers rather than developers. I spent 8 years selling high volume developments, and I did it well.
I know what schadenfreude means because I majored in English in College. I got a 36 on the English ACT. I am 6’1 and weigh 190 lbs. I am married with a 20 month old daughter. My favorite color is blue. I have NFL hands but Jr. Varsity speed. Any other questions?
Loser.
Lol. A 36 on an *english* ACT. I love the midwest. I love state schools.
“My volume in 2008 was 40 million, my volume in 2009 was 20 million. My YTD volume in 2010 is 9 million.”
You mean, that of your team right?
I am actually curious to see the $9 million in property sales in 21 days you have racked up. Please post MLS listings if you wouldn’t mind.
Sorry, that of your “managing directors, directors, vice presidents, associates” etc)…
Hell, I thought you were running Goldman Sachs for a minute. But then your crappy second tier state school education (no salt on U of I) and english degree (sans graduate degree) gave it away.
Not sure if your ridiculous titles make you a loser, but they definitely make you a poser.
Ouch 60 vs. 761. Seems like a 90%+ drop. No surprise you changed your business model. Gotta support the lifestyle somehow.
Not sure why real people would want to work with someone as arrogant and out of touch as you. I’d take the milquetoast milf (that is alliteration Mr. English Major!) over the Superb Sales System that Sells Every Time (SM) any day…
its like you 2 guys are battlin hard for the Sweet Sioux Tomahawk Trophy
MGG,
hey you mind if i borrow that quote on the court, “I have NFL hands but Jr. Varsity speed.” i want to use that tonight 🙂
i usually use the joke ‘i lost my first step, and never had second and third step’ but it has gotten old.
I watched this place when it was being built. I wanted it bad then. There is not much that goes up (brand new) in the Gold Coast area. It seemed to be like a smaller building kinda of like small buildings in say….Old Town Square.
Most everything else that goes up in the Gold Coast is a rehab, vs. a complete restart.
That being said, after the building was contracted I wasn’t as impressed with the building from an exterior and interior look.
I forget the name of the build and yes the price ranges are different, but there is a building at Dearborn and Oak? A semi midrise highrise that is white. Much nicer luxury building and what I would buy.
“I forget the name of the build and yes the price ranges are different, but there is a building at Dearborn and Oak? A semi midrise highrise that is white. Much nicer luxury building and what I would buy.”
i assume you’re referring to 1003 n dearborn. these are million dollar town homes. there’s one currently on the market for $3.25 million. price ranges are different for sure.
I’ve used Garrison on several occassions for various real estate needs. I frankly don’t care about what his title is. The fact of the matter is that everytime I’ve employed him, he’s produced. What’s developed is a nice friendship and one of mutual benefit (I’m in his deals and he’s in mine). If you know anything about Matt then you know that he’s great company to keep. Let me tell you something, if you’re #1 out of 132,000 agents in the country (in ANY year), you’re not lucky — YOU’RE GOOD. Period. I laugh at a guy like JMM who tries to take shots at a guy like Matt who has worked hard to build something valuable and sustainable (not to mention being a great friend and having an amazing family). The fact is that JMM doesn’t feel good about himself so he tries to make himself feel better by making others feel worse. Well guess what, JMM, the prices of plasmas and lcd’s have been coming down for quite some time now, so you can probably afford one soon. Late.
#1 out of 132,000 at what, giant sign postings? Lightswitch flipping form? chauffeuring? bad paing jobs? Used house sales? lol
“FormerResident”
Not to be confused with “TheOwner” right? You sell your palatial piece of crap yet?
Or is MGG posting under his pseudonym.
“something valuable and sustainable”
The fact that every day he (and every other Realtor (TM)) needs to wake up and hump new deals to put food on the table is neither valuable nor sustainable.
While I’d rather be lucky than good, a fool and his money should just be happy to have gotten together in the first place (in 2006).
Not sure who TheOwner is so I can’t help you there.
You should probably go get checked out though, because the coke and the crack is really messing with you.
Now you’ll put that sentence in quotes and make some kind of idiotic come back, but the truth of the matter is that you’re a loser and unfortunately, you need to look that loser in the face every morning when you get up to shave for your 2% pay raise per year cubicle job.
Congrats, you’re obviously the best at everything you do. I bet you watch Karate Kid and wish you were part of the Kobra Kai. I have you so pegged.
Peace. Got to go trade the close/afterhours baby!!!!
jmm-
Trying to keep up here and need some information: Could you please post your annual salary for 2006 – 2010? If you could also post schools attended and years graduated that would be great. I would also love to know what you do for a living where you do not have to wake up and work for a living?
You must do all of your real estate deals as FSBO? Do you do your own showings and track down your own leads? Or maybe you do not own any real estate and just post comments from your rented garden apartment every day (or could it be Starbucks?).
Lots of talk from a guy who doesn’t post a name or share where his wealth of knowledge comes from.
You are a bore-
Isn’t the point of reading this blog the properties?
Long time reader first time poster who can’t stand it anymore
Wonder how long it’ll take for anyone to notice that this property is at Oak and LaSalle – definitely out of the orbit of the so-called triangle.
Lol. Trade the close at 3:13pm. Thought day traders were all broke nowadays.
“Peace. Got to go trade the close/afterhours baby!!!!”
LOL wut?
idiot
if you knew anything (which you don’t), you’d know that there’s trading that goes on after the close — which is called the afterhours. Always good pickens there … i wish you were a trader because I’d take you to the cleaners. No limit tables, brutha … far as the eye can see. Better stick to that cube job.
“I am actually curious to see the $9 million in property sales in 21 days you have racked up. Please post MLS listings if you wouldn’t mind.”
I’m curious, too. I see no closings for Matt in the MLS so far this year. I see 1 contract for a $212K listing this year and that is all.
Was that a “fiscal” year? I see that the $20M for 2009 is approx what he did in the calendar year in the mls, so that doesn’t answer the riddle. Matt?
I see now, that must have been $9M in deals for FormerResident so far this month. He is obviously a playa, baby!!!
“if you knew anything (which you don’t), you’d know that there’s trading that goes on after the close — which is called the afterhours. Always good pickens there … i wish you were a trader because I’d take you to the cleaners. No limit tables, brutha … far as the eye can see. Better stick to that cube job.”
I know two things
1) You don’t know anything about me
and
2) You are not playing with your money (if at all)
Garrison’s boys certainly like to beat their chests (too bad they are either him or his only client).
In any event, they are good representatives of his “look at my striped shirt” style.
http://www.lookatmystripedshirt.com/articleLAMSS.asp
“when you get up to shave for your 2% pay raise per year cubicle job.”
screw you guys i got a 6.5% last review and a new chair for my cubicle/office!!!!!!!!!!! even in bad times 🙂
While I dont need to defend myself further, I will do so one more time, in response to your questioning my YTD 2010 sales. I track sale based on a pending pipeline of contracted business.
Presently about 2.5 million pending in MLS (1 is mixed use, if you check dont run only residential)
Presently a 5 million mixed use building in River North sold off MLS (I am sure you will question this, happy to tell you address when it closes in 2 weeks)
Presently 2 other deals that will be pending by next week 1.5 million
I am not a math major, but I believe that’s 9 million dollars.
MGG
that striped shirt website was actually funny. very good call. and I do love gyros!! one of the best things I’ve seen in a long time. well played.
MGG best to ignore JMM. Best I can figure he`s a younger bank analyst who can`t for the life of him figure out others can make more than him from people skills. He works a bunch of hrs being a jr analyst and is embittered at successful people that arent
Thanks for clarifying, Matt. My list included all property types but neglected to include the 2 pendings with November contracts. Good luck with the closings.
slaves to the wage & especially jealous Matt given your frequent CNBC appearances. Given the hours JMM works he also probably doesnt get laid much either. But dont despair JMM-stick to that fin svcs career path & one day you can be the disgusting fat guy
in the Viagra triangle with the young hot wh0re at his side 8)
G
Thanks. I should have clarified pending
JMM
Striped shirt maybe 8 years ago, I am old man. Plus I prefer jeans, t-shirt and cowboy boots.
Bob
LOL
I loved the fighting, anyone tell me the high powered job that JMM does? I would love to know.
Anywho, I would also like to know what IS wrong with 40yr old women. I thought that was in now, no? lol
Bob:
I know you go to sleep early and unfortunately lost the last man standing debate because you are in fact a fat old man (not far from myself), but I had a conf call with oz the other night so yes it was a late one. Your limited knowledge of CPG salaries was too easy a target for me, sorry.
“frequent CNBC appearances”
Lots of compensation coming from those. I remember vividly the days when Henry Blodget was on CNBC a lot. That worked out well for him.
“Lots of compensation coming from those. I remember vividly the days when Henry Blodget was on CNBC a lot. That worked out well for him.”
Apparently- as he is seen every day on Tech Ticker on Yahoo Finance and is a frequent contributor to many magazines (not to mention has his own well-regarded blog.) Not too shabby actually.
By the way- just my two cents- I appreciate Matt defending himself here- but he shouldn’t have to as his “numbers” speak for themselves. If you want to sell your property in Chicago there is a select group of very good agents who consistently get the job done.
He is one of them.
Being in the real estate business right now is a very difficult proposition. Emotions are high (on both sides of the fence.) Many people are losing their life savings when they sell due to falling prices. You think it’s easy telling someone who paid $500,000 and put $50,000 down 5 years ago that, hey, they’ll be lucky to get $400,000 now and they might want to consider a short sale?
It’s not.
It’s about more than just buying or selling a piece of property these days.
“Apparently- as he is seen every day on Tech Ticker on Yahoo Finance and is a frequent contributor to many magazines (not to mention has his own well-regarded blog.) Not too shabby actually.”
That and 50 cents gets him a nice coffee. He is probably down 95% from his 1999/2000/2001 average comp.
“He is one of them.”
Sabrina, anyone else you’d like to plug? What other agents would you recommend?
There are plenty of agents I’d recommend. These agents are at the top of their field for a reason. They’re good at what they do.
Every profession has top performers. Those are the people I’d want to work with.
crib chatters unite and defend our community!
http://yochicago.com/call-of-the-wild-realtor-bashing-in-action/13741/
“That and 50 cents gets him a nice coffee. He is probably down 95% from his 1999/2000/2001 average comp.”
Not to mention the lifetime ban. Knew someone who worked in his group. They got scapegoated for things the entire industry was doing at the time.
On the realtor bashing point I actually agree with JZ (gasp!) of course none of his other sub points. We do have some insightful realtors that post here & I don`t think they need to defend themselves against seemingly bitter anonymous commenters like JMM.
Lest we risk running them off of here which I think would be a big loss to CC. Also Groove hilarious defense of your workplace productivity. Especially in the context that Joe Zekas is not a party you need to explain yourself to in the least.
If JMM is so awesome, why doesn’t he briefly let us know a little bit about himself? And why doesn’t JMM recommend an agent or two to us? We’d like to see who JMM would use for the sale of studio.
He seems to be awfully angry. When a unit comes on the market I don’t get angry. I get inquisitive, but not angry. I get angry when people put explosives in their underwear and board our planes. I do NOT get angry just because someone else is successful. JMM probably has forgotten why he is so angry in the first place … perhaps he’s now angry about THAT!!
Have a good day, dork. And just to be clear, I traded the “open” and will now relax a bit and hit the new fallafel join on Van Buren until I trade the “close” and then the “afterhours.” Does that make you angry?
“new fallafel join on Van Buren”
What/where is this??
“What/where is this??”
http://www.benjyehuda.com/
No?
that’s the one! sorry i meant fallafel joint, not join. have a good day.
JMM would probably hate this place for the sole reason that it merely “exists.” That probably makes him angry.
does it compare to petra cafe (rip)?
so a guy with a website is criticizing groove for wasting work time on the interwebs.
anyone ever notice that little smiley face at the bottom left of the cc page. is he new, am i the only one who sees him?
CH,
i have to zooooooooooom wayyyyyyyyy in to see mini sabrina in the corner.
you are a very observant creature 🙂
Bob,
“Also Groove hilarious defense of your workplace productivity”
thank you i try to entertain as much as i inform/waste time.
depends how long mini sabrina has been down there. if she’s been looking at me for as long as i’ve been looking at cc, i’m far from observant.
JMM lost that exchange with MGG
I think there was more than one loser in this exchange…
JMM did have a funny one, about Realtors:
“…a tough guy in hs eh? I am pretty sure the guy who ends up as a Realtor (TM) was *not* exactly the kind of dude to fear.”
LOL!!
Dan,
Funny – as in “completely off the mark.”
Among the Chicago Realtors I’ve known or met over the years are a former Bears quarterback, a Bears lineman, an All-American linebacker, a Rose Bowl-winning Michigan quarterback, etc. It’s a fairly common career path for ex-athletes.
I also know quite a few other Realtors who, it s’ clear from their bearing, were once serious athletes. Most of the ones who were very good are very, very modest about it. I worked fairly closely with the Michigan QB for several years before ever learning about his accomplishments – and then only because I pried.
Sorry, let me clarify…
First of all, through both reputation and demonstrable results, MGG is a apparently a very good and capable agent and I have no reason to believe otherwise. My previous posts conveyed an opinion, in a colorful way, about how some of his posts came across (i.e., if only that had used *me* to sell this distressed property, i personally closed “xxx” deals, perhaps i shoved you in a closet, etc). The ensuing witty repartee and back and forth notwithstanding, I suspect that he is successful on a relative basis in terms and may very well lead his cohort. I certainly appreciate the pro’s and con’s of so-called “celebrity” agent groups that do business under a well established name, but I actually think MGG does hustle on his own deals. While fun was poked at the CNBC appearances, I am sure that helps enhance the brand, so I cannot really draw fault (though my opinion is too much stock is put in it).
Second of all, Sabrina rightly pointed out that agents have a job to do in both good and bad markets, and that a good agent is probably more important in this market. I have no doubt MGG is doing his clients a good service by promoting his properties as much as possible in a professional way.
I do think the agents who post here in general are helpful to the discussion. Often times they are doing their clients a service by pointing out aspects of listings that might not otherwise be obvious. While I doubt many of the active posters are really looking (some are), I am sure the audience is much larger than that so they are in fact doing their clients a service. MGG is no different. Sorry to MGG if any offense was taken.
JMM-
No offense taken. When I step into the fray I fully expect the scrutiny. It’s always fun to engage in debate with a worthy adversary.
Cheers,
MGG
I’m looking, actively, I keep my eyes open for deals, but I haven’t seen anything in my price range in the neighborhoods where I want to live. I’m actively watching the prices drop to a point where it makes sense for me to buy, to which many retort that I’ve already missed the bottom. To that I reply: I’m watching pretty carefully and I haven’t seen a bottom yet.
homedelete,
Simply “watching the prices drop” isn’t going to mean you’ll see where prices are. Closings, as you know well, frequently lag contracts by 60 to 90 days. By the time prices are reported in the MLS and you’re able to discern a pattern the bottom may have long since passed. More to the point, for any particular home, the bottom for some years becomes the price it sells at. If it was the home you wanted and it’s sold, you missed the bottom.
Properties often sell far below list to aggressive buyers. Watch this video, in which Realtor Bob Darrow recounts his experience in working with buyers who are making what he considers ridiculously low offers – and succeeding:
http://www.youtube.com/watch?v=9b0jTQk-PSA
If you’re just “actively watching” and not out there submitting contract offers, you can’t possibly know whether the home you want in the neighborhood you want is available at your price.
How many offers have you had rejected?
Joe, come on. The stereotype is that more testosterone types go into commercial real estate or development, not residential sales. The stereotype for residential is women and guys like “Hot Property”. I didn’t make up the stereotype, and there’s always a grain of truth to any stereotype.
“Dan, Funny – as in “completely off the mark.”
homedelete, Joe has a good point. I missed the march 09 bottom on the stock market waiting for the “bottom” to hit 6-8 times P/E which I was guessing would be below 600 on the S&P.
…meaning you don’t have to time it perfectly to still benefit.
Honestly what is wrong with you people? Being a real estate agent is just a job. As tydious as any repetitive daily job like (lawyer, accountant, trader, ect). And like any other job the people that are really good at it make a lot of money.
Who do you think makes more money – A top accountant, doctor, lawyer, or real estate broker? If you are going to be in the top 1% in all these fields, which professional will make you the most. It is about the money right?
Take HD for example. He clearly is an attorney which is a very reputable job but clearly is not a very good at what he does. The only reason I say this is because he lives in a studio and spends countless hours (during working hours) posting on a real estate blog. I know a lot of successful people but I certainly do not know many that spend their valuable time posting on a industry blog that does that even relate to their industry 🙂
G falls into this category as well. The guy sure does post a lot for someone who claims he is not in the industry? G must not be very effective at his job as well.
And who knows about JMM??? I think he may be unemployed so I don’t blame him for posting somuch!
“Who do you think makes more money – A top accountant, doctor, lawyer, or real estate broker? If you are going to be in the top 1% in all these fields, which professional will make you the most. It is about the money right?”
Well, how many of the top 1% of RE Brokers (based on gross earnings) are Residential rather than Commercial? Honest question.
Granted it is easier to hit the big time of residential real estate than class-action lawyering, but I’ve yet to hear of a residential broker making $100mm in a year, or buying a major league team.
Has anyone heard anything on this property?
Has anyone physically taken a look at this place, and would they comment?
Please I don’t want to hear from Real Brokers trying to blow smoke where the sun don’t shine. I’m a buyer interested in the details of this property and opinions. I’m not interested on your past accomplishments and defending each other against buyers who feel this market is over priced.
For anyone interested, I found this article intersting:
http://articles.moneycentral.msn.com/Banking/HomebuyingGuide/home-sellers-finally-get-real.aspx
This unit finally just sold for $349,900.