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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: David Jones who wrote (24802)10/25/2004 4:21:15 PM
From: Elroy JetsonRespond to of 306849
 
Certainly no home seller is going to object to seeing their home in an advertisement, well maybe some might object but this is Los Angeles.

The reason brokerages are spending so much more on advertising in recent weeks is to try to generate new listings and an aura of activity, when in fact the opposite is true.

Sort of like the resort, that hasn't seen a tourist in weeks, advertising that everybody is coming here - but there still a few spaces left. I guess there are some people whose animal spirits will be moved by the assertion that everyone is doing it.