Today’s Bawldys Go To…

Posted @ 9:53 am - Filed under Cool Info, Real Estate Investing, Real Estate Brokerage, Bawldys

bawldy Ever wonder how businesses in need of massive cash infusions induce venture capital firms to put out? Today’s first Bawldy award winner has discovered at least some clues to the answer.

Geez, REITs have been going down in price, so what are insiders doing? Very interesting — very.

Kris Berg shows us how to work fund raising magic with VC’s with Why stop now? Tell Redfin that there’s more where that came from. Apparently she’s had the money right in front of her for a long time. This is a MUST READ if only for comic relief. Kris cracks me up consistently, and this time she openly wonders about (my words) what the VC’s might be smoking.

David Stejkowski
in REIT prices down, insiders buy… gives us something new to ponder in today’s real estate market. We can listen to the media as they sell their daily bloodletting, or pay attention to what’s happening on the street. Count David’s discovery as another factoid pointing to a diversified national response to current market conditions. Again — pretty interesting.

“…and remember. The daily Bawldys have approximately 1/365th the value of our annual awards.”

This entry was posted on Thursday, July 19th, 2007 at 9:53 am and is filed under Cool Info, Real Estate Investing, Real Estate Brokerage, Bawldys. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

2 comments to “Today’s Bawldys Go To…”

Geoff Phelps on July 23rd, 2007 at 9:10 am said:

  • Very interesting take on Redfin. Is their motto, “We lose money on every transaction but make it up on volume”? I used to work in high tech. Last company I was with, it took them $70 million to figure out they had a failed business plan. The sheer quantity of disposable (literally) income floating around is staggering.

BawldGuy on July 23rd, 2007 at 9:20 am said:

  • What I don’t get Geoff, is how they can be in San Diego for give or take, six months, and only close a deal a month.

    That’s what a hard working teacher could produce working part time for Heaven’s sake.

    If their model was so attractive, where’s the beef?

    As an 18 year old know-nothing, I listed a property from a FSBO my first six hours working. I was taking 15 units in college at the time. I averaged 1-3 listings a month.

    I lived with my parents, drove an old F-85 Olds, and dressed like a 60’s rock star. :) And they can’t beat that record? It makes one wonder exactly what’s in the snacks they’re serving at the VC meetings. :)

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