I went to HV's and one of the message administrators admitted that coaches are not realtors..... then how can these morons advise realtors on real estate issues..... what a bunch of phonies...
"You, on the other hand, have been defending this company when it was at $14."
You should actually try reading what I wrote when it was at $14. If by "defending" the company you mean I said the P/E was too high, that it was a speculative stock that would take huge dips on bad news and that it was risky, yeah, I guess that's "defending it". What I said was that the reasons people were claiming it's a bad stock were stupid, and they were.
"Oh yeah, you're super secret guidance formula you pounded your chest about. Let's see, the stock dropped 50% because of guidance, not because of a faulty business plan per you. They came out with better guidance and it went up what...a buck or two? Then they didn't reduce guidance and it dropped another 35%. I didn't comment on this since I figured you realized how ridiculous you sounded."
Well, you did comment on it, and you were wrong. The stock went up because of the guidance change, about 30%, but right before that happened you were saying that the stock would continue to go down. I said that the stock will rise and fall sharply on good and bad news, that's not indicative of the business model. At the same time, and all along, I've posted reservations about the affect of the industry on the stock, which low and behold, when real estate sales started slumping, the revenues dropped and the stock dropped, exactly as I've predicted since I started posting.
"I can't remember you saying anything about this company except how good their financials were and how many people the paper said they were hiring. That's up until you recently came to the dark side and started saying things I've said all along."
Of course, people of such limited intelligence only remember what they want to remember, I'll be happy to find you posts where I pointed out their high P/E, how risky they were, why I had reservations about buying the stock and all that.
"The first post said the coaches weren't Realtors to advise on real estate issues. Then you replied about an agent learning marketing. But thanks for admitting you don't know what the coaches do. Now that you know they aren't marketing coaches, would you please stop your useless uninformed posts about marketing and HV coaches?"
I can read their advertising, it's pretty obvious that HV coaches don't teach you how to sell and individual house. Their claim is that they teach you how to market yourself. Here is their profile on Yahoo!:
It says (pay close attention) -
"HouseValues, Inc. provides real estate MARKETING services through Internet in the United States."
Then it says regarding it's training -
"The company provides an integrated service offering for residential real estate agents, which include online lead generation, online prospect management, online real estate portal content and advertising, and agent coaching and training."
It says NOTHING about training real estate agents to close deals or how to sell real estate, it says that it's training them how to use MARKETING TOOLS. That's it.
SELLING is when you talk a potential customer into buying something (or in the case of real estate, selling their house) so you can get commission. Well, not you, because you're spending all your time on this board obsessing over who uses different aliases, even when they don't. I don't know whether or not they do what they say, or of they do it well. I know what the company markets their service as, and it's MARKETING, not SELLING.
"No, I'm not going away."
Of course you won't, you're too stupid not to, as I've predicted.
I guess I just assume that people on a financial bulletin board know the basics. Like how a stock can go up and down. Like I said when you first started saying this, you just needed something that you could say you were right with, regardless if the stock went up or down.
The past year plus, I've posted about SOLD and their business strategy and how wrong their business plan was. The only time I made a stock prediction was the under $6 one. You, on the other hand, have been defending this company when it was at $14. As ambiglious, you were touting Homepages as the best real estate site ever.
Oh yeah, you're super secret guidance formula you pounded your chest about. Let's see, the stock dropped 50% because of guidance, not because of a faulty business plan per you. They came out with better guidance and it went up what...a buck or two? Then they didn't reduce guidance and it dropped another 35%. I didn't comment on this since I figured you realized how ridiculous you sounded.
My posts about their revenue potential said:
- they have 12 month contracts so the slowdown in the real estate market won't be totally reflected in the latest quarterly numbers. It's only going to get worse.
- the slowdown in the market means less leads. This means they would need to extend existing contracts to satisfy a contractual lead committment. Extending the contract means they can't sell an existing subscription to another Realtor.
As RainingDouche, I can't remember you saying anything about this company except how good their financials were and how many people the paper said they were hiring. That's up until you recently came to the dark side and started saying things I've said all along.
No, you're the one that can't read. The first post said the coaches weren't Realtors to advise on real estate issues. Then you replied about an agent learning marketing. But thanks for admitting you don't know what the coaches do. Now that you know they aren't marketing coaches, would you please stop your useless uninformed posts about marketing and HV coaches?
No, I'm not going away. I did say once I was going to when you were the only one posting on this board about nothing but now that the stock dropped again, I'm interested to see what the new crop of pumpers have to say.
"Don't pour douche on my head and tell me it's raining" -RainingDouche 2006
"Great, I posted 2 months ago that if there was bad news, this puppy was going under $6. Remember that post?"
Actually, I didn't disagree with that post, and criticized people who did. Find a post where I said it wasn't a speculative stock that doesn't make big moves when good or bad news comes out, you parroted me on that one, not the other way around.
"you're just repeating things I posted over the past year+ now that you are playing like you're down on HV."
No, because what you've been saying for the past YEAR didn't happen in the timeline you claimed or for the reason you claimed. I've given specifics and I was right.
"But it looks like you did learn that if you say things I've said, you'll actually be right for once."
I said they wouldn't meet earnings estimates because real estate agents are spending less money. I didn't need to say it for a year, because it happened now. You claimed the stock would keep falling then it bounced back up when they revised their guidance, show me the post where you predicted that, then you'll have credibility. Saying a stock with drop for more than a year and simply bashing it is a great winning scenario, eventually something bad happens to every stock so it drops, then you can claim you were right. The trick is to know when it will happen, and I was dead on with this one, a WEEK prior to it happening.
"And you want to argue with someone about HV coaching and you don't even know what they do? It sounds like from your reply, you still don't understand the difference between sales and marketing."
Seriously, you lack the ability to read. The guy posted that the folks from HV aren't real estate agents. My comment was that it doesn't matter, because I wouldn't want to learn how to MARKET from a SALESPERSON anyhow. You and your the other moron don't know the difference between the two because you think you should be learning MARKETING from a SALESPERSON. I don't know what they do, I simply (for those who can read) was addressing the logic of claiming that you should learn MARKETING from a SALESPERSON instead of a MARKETING PERSON. A person, such as yourself who believes that, does not understand the difference between SALES and MARKETING.
Yeah, I guess I don't know as much about the douce world as you do, so I won't argue with you on how they work. I'm sure you're going away forever, just like you said last time and the time before that. You keep posting to and about me, as I've predicted you would... and you'll do it again.
Great, I posted 2 months ago that if there was bad news, this puppy was going under $6. Remember that post? The one you were quick to reply with your usual dumbf*ck attitude saying I was full of it. Well, I was right again. And like I said in an earlier post, you're just repeating things I posted over the past year+ now that you are playing like you're down on HV. But it looks like you did learn that if you say things I've said, you'll actually be right for once.
And you want to argue with someone about HV coaching and you don't even know what they do? It sounds like from your reply, you still don't understand the difference between sales and marketing.
If I'm the douchbag, you must be the douche. Without me to hold you up, you'd be flushed away. Your ambiglious nick was bad but your raining posts take the cake. Seriously, you need to pick a new nick. Try seeing if the nick masingill is available. It would fit you just fine...ole' disposable one.
There's a lot of House Values operatives roaming this message board. Their job is to police everybody's thoughts about SOLD. The minute you say something negative, the whole mob gang up on you. It's a good thing that Putz shared his working experience at SOLD. It's pretty brave for him to do that also.
Um... douchebag, I posted that I'd short the stock before the earnings release and gave the exact reason for the drop:
I've watched earnings release after earnings release as you've said it would happen and it didn't, but the one time I predicted it... wow, all of a sudden it happened. What a shock :)
I don't know the effectiveness of their "coaching", I'm not even defending them. The point I made was that if I wanted to market something I would pay a person a person who sells the product, I would pay an expert in marketing, that's why they give out those silly marketing degrees at Universities, there are actually experts who don't do anything but get paid on marketing different products and services.
No, I would suggest that *your* theory that if Microsoft wants to market it's software it should pay software programmers to devise a good marketing strategy is completely idiotic.
I would suggest the same to any mechanic, I wouldn't pay another mechanic a lot of money to describe how to market the business, I would pay a company which specializes in marketing.
If you get a chance to read (or if you can read) Paco Underhill's book "Why We Shop" you'll realize that there are highly paid professionals who just work on the sciences of marketing and selling. It's really weird that when they talk about Nordstrom developing a marketing plan they don't pay seamstresses and shoemakers to create those plans, they pay marketing people.
I don't think there's anything wrong with a mechanic (or real estate agent) going to a friend and asking marketing questions, but if I'm going to pay a professional, I want someone who does marketing full time, not someone who just sells houses.
Once again raining is wrong and just doesn't get it.
What the h*ll do you think a HV coach is supposed to do? What "marketing" expertise are they going to provide a subscriber?
HV sells leads. It's SALES not marketing. The marketing is what HV does to get people to fill out a damn form. It's SALES that's going to close the lead.
So they hire people that have NEVER sold real estate, call them a coach, and that is supposed to help an agent on how to close a sale? Yeah, right. The only ones who would say this are HV employees and idiots. Which one are you?
Raining you're such a tool. You are never right. All you can do is bring up Microsoft, make references to non-real estate industries, and spend time going back in the archives to find posts and criticize others for wasting time. Oh yeah, I can't forget your latest...come on the message board after a stock drop and claim you shorted and made money (but you aren't a basher). If you're short, why are you here defending this company? Hmmm...
Classic raining. What's with you and mechanics.
We'll yes... if someone runs a mechanic shop and wants to know how to market his service he should call other mechanics who have been in the business and know how to do it... makes perfect sense. Or maybe they should call a marketing company that works for Microsoft to help them sell their mechanic services... that would probably be your suggestion.