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dalparadise

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Everything posted by dalparadise

  1. Not to defend the peckerhead, but relisting the house did have the effect of putting it in the "new listings" category on the report that other Realtors pull for their clients. That's why all houses have a hot period early in their listing that drops off gradually. That said, a thorough price analysis and expert pricing strategy upfront could have saved you a lot of time and possibly earned you some money. Your attitude is exactly right -- every house will sell at the right price and the right time. I don't do real estate anymore, but when I did, I intuitively understood this. Plus, I was mentored by a very good Realtor. I used to approach my listings with a 30-60-90 day strategy -- giving pricing strategy that I expected would move the house in various timeframes, based on comps and recent sales and their time on the market. After 90 days a listing is pretty stale and the only showings you get are low-ballers and tire-kickers. Granted, I did real estate in a much better market than today. The fundamentals should be somewhat similar, though. there are still buyers in your price range. The key is timing and strategy for reaching them. Good luck.
  2. You're hilarious. The link is to an HAR listing. So, either the poster is a Realtor or (s)he is represented by one. Too bad, I guess you had been waiting to show how clever you could be with that tired old line for weeks.
  3. Some offices, etc...Dow is the primary tenant and reason for being for one of the largest deep water ports in the country at Port Freeport. Port Freeport is the reason there's Highway 288. Highway 288 is the reason Pearland has grown so quickly. It's funny -- because Port Freeport is only the second largest port in the Houston area, it's virtually unknown and overlooked. It is, however a huge economic engine for the area and a great importer and exporter, primarily to South America. They are, by no means a petrochem-only port, either. Something on the order of 60% of the country's bananas come through there. They export rice to countries on both sides of the southern Atlantic, They have thousands of acres of open land available for warehousing and corporate relocations. Plus, they operate a busy foreign trade zone for international tariff considerations. Best of all, unlike just about every other port on the Gulf, a ship can be cruising in deep water 90 minutes after leaving the docks there. Easy in -- easy out. We get very excited about speculations involving new jobs or relocations and sometimes ignore the amazing assets we have right under our noses.
  4. Back to the aviation growth -- we do all understand that growth in this sector is not necessarily for some kind of bragging rights, in and of itself, right? Aviation is a catalyst for all other areas to grow. By increasing our international presence, we further open our market to talent and trade around the globe. By increasing charter services, we make Houston less of an island to other industries around the country. Headquarters here could service executives located around the country who telecommute or jet-commute when warranted. Coca-Cola used to be set up like this, only in reverse. The Sr. VP of marketing lived here and commuted by charter jet every week to Atlanta. Pretty cool set-up. Anyone who fails to see the serious boost a big aviation focus can have on a city's competitive edge in business doesn't have a firm grasp of Dallas, Atlanta and Phoenix. These cities owe their prominence to their aviation infrastructure more than any others I can think of.
  5. Absolutely. HD Radio is the AM Stereo of this era. Remember how well AM Stereo went over? Didn't think so.
  6. That's all I said in my original post-- that it would offer affordable rooms to conventioners and not much else. No big deal really. I think you misunderstood my post about the Dallas thing. I surely didn't want to get involved in that, which is why I also won't try to drag up the HP vs. Victory nonsense. But, in that childish argument, I remember someone comparing the developments and paralleling the La Quinta (and the rest of the developments) to the Victory development, which really did seem silly and added fuel to that childish fire. I do not wish to play in that, else I would have gotten involved before that thread was locked. BTW -- My name on here is not meant to be ironic or oxymoronic or to have anything to do with Dallas at all. It's a play on Sal Paradise, Jack Kerouac's protagonist in On the Road -- just FYI. http://en.wikipedia.org/wiki/Sal_Paradise
  7. It's still shocking, but there is a disclaimer on the foreclosure map that states those are foreclosures on mortgages, not units. Some, if not all of the units were, no doubt, financed with two mortgages, which would register two foreclosures on a single unit. Still pretty dismal, though.
  8. I tuned in to the stunting mix for about 15 minutes in my car, then I listened at 3:00 for the change. Both really reinforced my decision to get XM several years ago. This "new" format of theirs sucks worse that the Yanni mix they used to play. I didn't think that was possible. I call this one more nail in the coffin of terrestrial radio in Houston.
  9. Most here would probably say that I am. I wasn't bragging, though. I was just pointing out that it's a little odd to care about a La Quinta opening in your town. I don't think locals use hotels like this, aside from putting up family over the holidays or something like that. Who would go to a La Quinta in his own town? Would you eat at the restaurant? Drink at the bar? Stay in a room for a weekend? I'd be interested in a cool new hotel that offered something for locals. This one will never see any Houstonians who don't work there in low-paying jobs. In other posts, people were touting this opening as proof that our Downtown revitalization was on-par with Victory in Dallas, where the W opened. I found that odd.
  10. I also had Buyer's Rep agreements and pre-approvals for all my buyers. I never asked any of them for a retainer, though. I do recall one buyer client who asked to be released from my BRA, when he found a house and cut a side deal with the seller. Rather than fight him or be a jerk about it, I just let him out of it and moved on. I had as much business in that year as I could handle and I was most concerned with doing a good job for people. Was I less of a professional for that?
  11. for the record, I never suggested "giving SWA a pass" if it was an oversight. I did suggest that judging them in the media and amongst our Internet forum, before the facts were in was unfair. That said, I don't understand the language "falsely accepted". I do understand the Dallas paper's report to say that SWA flew aircraft they knew were in violation of the ADs listed. That's bad. Had it been an oversight and they had caught the error and self-reported -- okay, fine them an amount to send a message that sticks. The fact that they are now being shown to be dishonest and reckless with people's lives tells me they can't be trusted to self-regulate. If the FAA lacks the teeth to do some serious punitive damage to SWA, perhaps this bad PR will do the job. I can't believe they'd be so stupid to do something like this. It's just as I said earlier -- sooner or later, a mechanic or someone with an FAA certification was going to realize that this company policy was putting his hard-earned and expensive certificate in jeopardy and blow the whistle.
  12. Why would I be interested in appeasing that Realtor? He had already submitted an offer on his client's behalf. The commission amount was clearly listed in the agreement. He had no recourse to rescind that offer. To do so would betray his client's interests. Why would I re-negotiate my commission after his offer was already submitted on my terms? Because he didn't read the listing? You sell cars, right? After the deal's signed by both parties, is it common practice to re-negotiate your commission because your sales manager decides he wants a bigger piece of the action? For what it's worth, I was passing the 1% entirely on to my client who was forced to sell in a position of very little equity in a neighborhood where he was overpriced. We reduced his asking price by that amount and got a buyer for him in a quick turnaround, allowing him to move out of state without any worries. I was trying to cut the guy a break. If it had taken my scaling back to 2% to get the thing sold and still offer 3% to the buyers agent, yeah, I would have done that. We decided to test that 2.5% split first, though. He really seemed to appreciate the work I was doing for him and was even apologetic about asking me to reduce my commission. when I presented him with the 2.5% per side idea, he said it sounded like a great idea. What are you looking for here? One more thing: I was only a Realtor for about a year, while my industry (advertising) recovered. I sold 9 houses (4 as listing agent) and did quite well at it. I only discounted my commission that one time, for the reasons listed. I did do other things, like help clients fix rotten wood on their garages and re-do flowerbeds to help get houses ready to sell. Bottom line -- my responsibility was to that seller. I figured out a way to get his deal done quickly. I took care of my client and he was grateful. And another thing -- had the buyer been forced to cover that 1/2% because of her Realtor's incompetence and I had found out about it, I would have gladly dropped my commission to 2%. I wasn't trying to put anything over on anyone. I worked harder at that job than anybody else I knew in my office. I was really trying to do a good job, because I didn't know how long it would take to get another job in advertising.
  13. Agreed, but A&Ps, not actually the FAA, are the the public's only line of defense in this instance. They put their certification on the line when they sign off an inspection. the FAA regulations depend on them to be enforced. In my mind, they're held to an incredibly high standard. Still human, but high. The more of this story that comes out, the more I'm swayed to the idea that someone's being dishonest here.
  14. I'm guessing you're looking at "For Sale By Owner" properties or a lot of foreclosures if your Realtor wants a retainer. Either that, or (s)he doubts your qualifications to buy and wants to secure some kind of payment if a deal falls through because you cant get a loan. In a standard transaction between two Realtors, the commission will be paid by the seller. The rate may not be the 3% your Realtor wants, but that information is plainly disclosed in the seller's agreement. So, if (s)he doesn't read it when you're researching the property, too bad. As a former Realtor, I once sold a home (listing agent) on which I had only listed 5% commission -- 2.5% per side. I got an offer from an older Realtor representing a first-time buyer who loved the property and put in a full-price bid to lock it down. When I corrected the old guy's expected commission (he had expected 3% and we were well into the deal at this point) he accused me of being unscrupulous and said, "if I had seen that earlier, I never would have brought my client to you." That's sad, but true. The only way I was able to get the listing price where it would sell quickly, was to reduce mine and the buyer's agent's commission. This put the home squarely into this first-time buyer's price range, which she eagerly bought. For 1/2% this other crotchety Realtor was willing to keep this home from his client, who loved it so much, she didn't even want to haggle on the price. Talk about unscrupulous.
  15. Actually, if these new allegations hold up, it crosses the line into the scenario I portrayed as crazy for Southwest to attempt, because there was no way to get away with it. And thus, they got caught. I can only assume the person(s) who made the decision to keep flying the planes after they were found to be in violation of the ADs had little experience dealing with the FAA and thought it really wasn't that big of a deal. It was a very big deal. Nobody familiar with FAA regs or how that agency deals with non-compliance would take such a risk. This is the kind of thing that could cost them their brand name, once it's all done. I'm just a lowly private pilot. I invested $6000-$7000 into obtaining my certificate and hate to think of giving the FAA a reason to take it away. Can you imagine what kind of idiocy it takes for SWA to risk the $billions in their operation over something like this? Even if they're just held to the $10 million, or a portion thereof, that's a serious case of stupidity. I've gotten up in the air and realized I had forgotten to set my transponder to "altitude," which allows ATC to know my altitude on their radar screens. Though this is a very common occurrence, I was so afraid of an FAA call that I self-reported the incident. After doing a little reading on the subject, it turns out that this has happened so often that modern radar has been updated to handle the quirks of transponders' old technology, so there's really not a reason to turn them off of "altitude" in the vast majority of cases, as we're all instructed to do on the ground. It's safer just to leave it on and that is now the prevailing opinion. Well, my reporting, and that of thousands of others is leading to this safety measure becoming common practice. I've flown with my transponder properly set since. That's how the system's supposed to work.
  16. This sheds some new light on the subject: http://www.dallasnews.com/sharedcontent/dw...b2e20a.html?npc It's not looking good for Southwest now.
  17. No question that non-compliance with an AD is a serious matter for an airline and the FAA has zero tolerance for it. I do think "intent" should play a role in assigning punishment, however. That said, would you rather fly a dishonest airline, or a negligent one? I honestly don't think SWA is either, but do not wish to be an apologist for them. I don't really even particularly like them. When I first read the story, it seemed as if the reporter was trying to chum the water with the word "unsafe" and to depict the scenario as the airline being dishonest. While that may actually be the case, it is not clear at this point. The reporting seemed a bit naive. Plus, it was provoking responses like "they put profits ahead of passenger safety" which is unfair without knowing the full story. Like I said -- it may be the case, but if you really look at it, it seems like a real oversimplification of the situation and one that would not benefit the airline in the long run. They'd be crazy to do this. It would cost them millions in regard to their fleet over time and there is NO POSSIBLE WAY TO GET AWAY WITH IT. Anybody with any knowledge of how the FAA works would know this. That's why they self-reported. Pilots do the same thing. FAA regulations are complicated and constantly changing. Pilots violate them all the time. There is a self-reporting Web site for describing your infraction when you do. If your infraction generates an investigation, you are generally let off easy if you self-reported. The goal is safety, not punishment. The system wants to create an atmosphere where a company like SWA will self-report, knowing it may cost them millions, in order to stay safe. It's worked very well for many years and is an effective check against unreasonable power imposed by the FAA and unsafe practices by the aviation community.
  18. The FAA doesn't ground individual airplanes. They can ground an aircraft type for investigation into a crash, but when it comes to enforcement against individuals or companies, they can levy fines, suspend or pull certificates and that's about it. It's up to SWA to self-impose grounding and to self-police inspection regimens in order to stay in compliance. And there's the issue. The FAA did not "permit" SWA to fly those airplanes without inspections. Whether SWA did so KNOWINGLY or not is exactly the question. The ADs involved might have been two- or three-year inspections, not part of the annual. We don't know. So, if the inspection was a 36-month AD and the records mistakenly showed the planes had been inspected, that might explain how a plane could go 30 months out of date before it was caught. SWAs entire fleet is 737s. They'd have no reason to make exceptions in their regimen for these few aircraft. Seems like an error, to me. It doesn't make it right, but it might shed some light on an honest mistake that's being portrayed as sinister by a reporter who doesn't seem to understand the meaning of "airworthy".
  19. We agree almost completely. In your edit, you seem to come around to my point. SWA did not put their profits ahead of safety as you describe, because they CANNOT do so as you describe. Ultimately, breaking the cycle of inspections on those airplanes would render them useless. They could not perform repairs or upgrades without signoffs on their logs. Their entire staff of mechanics in airfields across the country would have to be in on the scam and be willing to put their certifications on the line every time they serviced the plane. This is not to mention the independent mechanics who serviced the plane. This seems like a clerical error that was caught and SWA volunteered the info to protect their standing with the FAA. The FAA only ALLEGES purposeful wrongdoing. But you make it seem like SWA had some motive in passing on inspections to save money. It would cost them millions in ultimate loss of aircraft flying time because repairs couldn't be completed without current ADs and inspection compliance when a plane broke -- which happens very frequently. It would put them out of business if a part failed and the plane crashed. It's too easy to check the logs and see what the maintenance history is. To imply they knowingly tried to get around FAA inspections is ludicrous. They screwed up, missed a date, closed the wrong books or something. It wasn't an effort to deceive. That just doesn't make sense.
  20. The interior of the place is spectacular. The outside, not so much.
  21. I think it'll help round out the convention schedule downtown, offering more budget accommodations to convention travelers. Other than that, I couldn't care less about this. It will affect me exactly zero. When I like to splurge on a weekend being a tourist in my own city, or spend New Year's Eve, or eat a great restaurant, I like posh hotels. I'll never set foot in this place and don't care that it's coming here.
  22. No, an aircraft that is deemed not airworthy cannot LEGALLY take to the air, but is not necessarily unsafe. That's the only point I was making. Plenty of planes out there are out of annual inspection and not flying, but are perfectly safe. I was not trying to condone SWA's shoddy maintenance record keeping. I was merely trying to temper what I believe was a reporter's misunderstanding of a definition. Airplanes receive airworthiness certificates that DO NOT EXPIRE, with the provision that they are inspected regularly. The day after the last day of the month of its inspection, if the plane hasn't passed the inspection, it is no longer airworthy, or legal to fly. The safety of the plane to fly is not determined, absent that inspection. Most likely this was a bookkeeping oversight, as there is nothing to gain by cutting corners with your FAA inspections. They'd either get caught in the following year's inspection, or when a part failed and they were sued after a crash, causing them to have to go out of business. Even if they just wanted to modify or update the planes in the next few months, they'd have to go to the log books with an inspector present, who would catch that the planes were out of inspection and be unable to do the work until they were brought up to speed. This would render their multi-million dollar aircraft useless. They were not "caught with their pants down" trying to get around the FAA. They probably made an error in their airframe logs and missed pulling the planes in question out of service for their inspections. Yes, it was wrong. But, I still contend that the amount of maintenance attention an SWA plane receives just as a matter of course in protecting their $millions invested in their fleet is far greater than their obligatory FAA inspection would render. In other words, if the plane surpassed its inspection date on August 31, 2007, it is highly unlikely that it was any less safe to fly on September 1, 2007 than it was on August 30, 2007. It's a matter of definitions and the FAA plays strictly by the book -- as they should.
  23. Agreed, and being lax with the FAA is never a good thing. However, the idea that SWA was flying planes that were "not airworthy" was the issue. By definition, that was true. By evaluation of the planes -- albeit in absence of said evaluation -- that wasn't the case...yet. Keep in mind that the FAA doesn't inspect planes. Airframe and Engine inspectors inspect the planes -- just like the hundreds of ones SWA has on staff maintaining the fleet every day. The absence of an official inspection is not an indication of a plane not receiving maintenance to keep it airworthy. In fact, much, if not all of this could be a simple bookkeeping error, which in itself is still a violation, but not an indication the airplanes were unsafe, just that they were not airworthy.
  24. The airplanes become "not airworthy" the day they go past their annual inspection without receiving it. It is not an indication of the safety of the aircraft to fly. It is an indication that SWA did not comply with its mandated inspection regimen. Whether that is an indication of the airline's approach to safety, per se, is debatable. Airliners' self-imposed maintenance regimens far exceed the requirements of the FAA. It's a matter of protecting their investment in multi-million-dollar aircraft and avoiding legal actions resulting from dead passengers. In other words, it's just good business. Of course, FAA compliance is also good business. Without it, they can't fly. Most planes in SWA's fleet are 15 years old or older and undergo the stresses of pressurization much more often than most carriers because their flights are relatively short. So, the FAA's inspections are probably more pertinent to SWA than to others and I would feel better if they stuck to their obligation to have their planes inspected. However, an oversight like this does not make me question their safety, so long as it does not become practice. I think this is a case of the media not understanding the definition of "not airworthy".
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