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Agent Smith, "WillSell4U"

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I checked your website www.longislandbubble.com today and I have some few questions for you. It was a good read, it shows you are very serious about this bubble. I can now understand where you are coming from, it seems you are a very bitter buyer who was unfortunate and did not buy it like other people at 2000 who reaped big time profits.
I just wish you have better things to do. Why do you keep complaining about the bubble? What benefit do you gain from telling people about a very sad and depressing scenario we have today? Why do you keep giving bad image of us Realtors making us look like the ones who caused all this mess?
We have done nothing wrong but just doing our job and putting bread on our table for our family. We are just happened to have strike a gold-rush couple years back and are far better off than those who worked as a car salesmen. Is it this simple switch in misfortune that you are aggressively attacking us for? If so I advise you to please stop and go back to your life. Your family needs you.
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September 25 2007 - US
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Randy_H

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Some things are just the labor of love.

http://www.youtube.com/watch?v=-rLYph0J7vc

http://www.youtube.com/watch?v=yoZV5jt9puc

http://www.youtube.com/watch?v=2nw8KCNYWls
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September 25 2007
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redx

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He is right on the money on his web site.
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September 25 2007
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tldtms

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Whats with the calling out of people on this forum? You read his website, he has an email address at the bottom, why not email him?

Look I never read LIB's page, frankly its a wall of text and the search engine spamming at the bottom rubs me the wrong way. BUT you haters and Alpine are 10x more vocal then he is.
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September 25 2007
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mpal

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I agree with you tldtms!
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September 25 2007
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chuckdog24

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Thanks Randy (and LIB). The first video was definitely the best!! "Right Now" was the perfect song to put it to. Kudos for your labors of love!!

PS: Agent Smith, <<What benefit do you gain from telling people about a very sad and depressing scenario we have today?>>
Sounds like you agree with the first video in particular.
Should buyers be compasionate to your "gold-rush" as you call it being over now?
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September 25 2007
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Randy_H

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Funny thing is I actually appreciate the creative high quality of his videos. Even if I am a meanie hater.
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September 25 2007
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Agent Smith, "WillSell4U"

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LongIslandBubble site that he created psychological effect on potential first time house buyers. He made it in a way so that the agents are actually giving poison to their customer when in all reality, agents are just simply giving out homes to those who NEED home to live in!
I seriously think he needs to stop running that website because people out there actually reads those things and will make a decision based on what they have read. He also wrote it in a very convincing manner and it is going to cause a big problem down the road for a lot of potential first time buyers.

Something has to be done to stop this mass hysteria of falsified propaganda treating real estate as an alternative to selling drugs. Am I the only one who feels this has to stop? Somebody needs to step it up and show people like LIB that this world does not need a false hypocrite spreading doom and gloom news all over the internet!!!
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September 25 2007
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Randy_H

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I honestly think he could take the last one, shorten it by half or more, and with a few well placed edits get a major media to pick it up. Of course last time I suggested such blasphemy I was called a shill. Just a shame that this work won't be seen by a few million people it could wake up. Youtube is only so effective. It doesn't reach the, how would one put it, "sheeple"...

Agent Smith is just r2d2 or whatever he was called.
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September 25 2007
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Angelique01

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"Something has to be done to stop this mass hysteria of falsified propaganda treating real estate as an alternative to selling drugs. Am I the only one who feels this has to stop? Somebody needs to step it up and show people like LIB that this world does not need a false hypocrite spreading doom and gloom news all over the internet!!!"

GMAFB!
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September 25 2007
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mrfnuts

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@Agent Smith:

LIB is creating 'mass hysteria' ??

Mainstream media has been cheer leading this bubble for years, even now many pundits are still cheer leading, and the NAR still releases commercials that say "it's a good time to buy"

How big of an audience do you think LIB has??

How much of a budget do you think he has to put out commercials that compete with the NAR?? Here's a clue, never seen ONE LIB commercial on TV yet.

It's been said before, bloggers have a limited audience, why the resentment (weather he's right or wrong?)

I find his videos no less opinionated than this one:
http://www.youtube.com/watch?v=I8Em6JQGcLA
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September 25 2007
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Angelique01

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I agree, good stuff, LIB. Thank you for your hard work.
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September 25 2007
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ghennis00

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Agent smith -

If you've never had to wait in a bread line for a meal then perhaps someday your karma will allow you to someday soon.....
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September 25 2007
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Marci Reinheimer

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OT - what is GMAFB?
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September 25 2007
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Alan May

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sounds like he's choking on an onion!
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September 25 2007
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mpal

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come on Marci, you can figure that out...give me a ******* break
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September 25 2007
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mrfnuts

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@Marci:

GMAFB: Give me a <expletive> break!
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September 25 2007
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Marci Reinheimer

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oh thanks! I'm just now learning all this stuff. Now when my son says stuff in code, I'll know what he means. LOL
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September 25 2007
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pinksandbaby

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lmao @ r2d2 :o)
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September 25 2007
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2 Big 2 Fail

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Great article about bitter renters, I mean bubble bloggers. Unfortunately, the entire article is about Patrick!

http://sfgate.com//cgi-bin/article.cgi?f=/c/a/2007/09/25/BUKCS4NNB.DTL
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September 25 2007
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kreraeder

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Actually I never even heard of his website until now...so you are marketing him by your post.....well I'm off to go check out the link you posted.
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September 25 2007
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2 Big 2 Fail

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Good, go check out the website so that you will miss out an an excellent buying opportunity. Read the article more carefully. Patrick is running his site merely as a second income. He knows that the stuff he says is BS, like home prices falling 50%. He just tells people what they want to hear to make money from ads.
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September 25 2007
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Space Acer

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"stuff he says is BS, like home prices falling 50%"

So how do you explain Patrick's area of SF South Bay dropping
by 40% in early 90s?

If the SB had a drop of 25% in 1981 and 40% in 1991 dont you think
its even possible a 50% drop can happen.

Maybe you can shed some light on the reason that prices in Paticks area
shot up over 100% from 1998 to 2000 and another 100% shortly after
for nearly 400% increase in under 9 years?

Since inflation hasnt gone up that much and salaries have corrected for the irrational exhubarence ... a nice 50% haircut does make sense. Infact if
prices dont correct, job migration will continue due to the areas deflationary economy. Any of this make sense to you?
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September 25 2007
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Randy_H

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Patrick is not running his site as a second income. I don't know everything about his dealings, but I can tell you he doesn't make enough to even remotely consider his site any kind of "income". For a long time, as recently as 2006, he wasn't even covering bandwidth costs. He gets crawled heavily, and we used to put a lot of graphics in the blog threads, which caused his bandwidth bills to skyrocket. He also had to move hosts recently.

That article has clearly been "cleaned up" for mass media consumption. I'd take a lot of the details with a grain of salt.

And most importantly, Patrick is a *very* nice guy. Any personal attacks on him are entirely out of line. He's just a guy with an opinion and the motivation to run a blog about it. Nothing wrong with that. In fact, Patrick only wrote articles regularly at the very beginning. For the past two years it's been a group of 5-6 regular authors doing all the writing. Only in the past few months has Patrick started regular posting again.
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September 25 2007
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truetech

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hi patrick =)
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September 25 2007
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BossGuy

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I guess I would add if you cant handle some facts in your face then
Patrick's site isnt for you. In your face and real with the facts.
A sober site many new buyers should have been reading.
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September 26 2007
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Callista, "warriorprincess"

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AMEN mrfnuts! Who's the real propaganda machine? Organized well funded interest groups like the NAR, CBIA, etc.. or some dude splicing together videos in his basement?
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September 26 2007
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Callista, "warriorprincess"

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By the way I had a look at the site and a lot of the arguments I read made perfect sense...especially the section on Bubble_o_nomics.
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September 26 2007
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chuckdog24

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I second that AMEN mrfnuts!
r2d2 apparently doesn't believe in free speech & wants the infidels stopped.
You can take away our pens/keyboards when you pry them from our cold, dead hands!
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September 26 2007
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chuckdog24

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Should we also supress the Schiller graph from being posted on the web?

Curious that "Agent Smith" chose a recent pop culture villan (a cold & calculating one) as his handle & icon for this board. Was that a freudian slip?

In case anyone was wondering, "Chuck" is the cat on the right of my picture...full disclosure now being in order since he's not actually a dog.
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September 26 2007
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Agent Smith, "WillSell4U"

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My profile pic stands for the type of person that I am. It is Agent Smith from the movie Matrix. No matter how many times you kill the guy, he always comes back at you. Killing me only makes me stronger. I put this philosophy into the way I handle my business.

It is all about integrity.
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September 26 2007

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