Wednesday, August 30, 2006

Escondido code sweep nets pile of real estate signs; agents irked | The San Diego Union-Tribune

Escondido code sweep nets pile of real estate signs; agents irked

I had to laugh a bit at this story.


Anonymous said...

As the next election approaches, I hope the real estate agents remember this, and do the city a similar favor by collecting and disposing of all those stupid political signs.

Mr. Brightside said...

Now that would be welcome! Personally I don't like a lot of signage and see many examples downtown spam type of signs.

I understand the need for "Open House" signage and am not against the practice. I've seen "Dumping Condos" a few times downtown and even though I'm bearish on the market I think it's clutter.

Anonymous said...

Political signs are almost always placed on private property with owners' choice or permission. I have rarely seen political signs on corners of intersections, etc like real estate signs.

Mark in San Diego said...

This is TOO rich - I almost chocked on my lunch laughing!!!

Anonymous said...

Good God, anonymous, OPEN YOUR EYES! Those stupid signs are everywhere.

The politicians are no better than TAGGERS who spray paint their initials on the overpass.

At least the real estate signs tell us some information, other than a person's name.

Anyway, one year I took down every sign in my neighborhood. EVERY sign. The various parites/candidates of course blamed each other. For several years after that, they'd tear down each other's signs, saving me the trouble.

Sven said...

That's awesome. It is pretty wacky just how many signs you see on every street corner anymore. I mean it's not an issue if you see a sign or two every 3 or 4 blocks, but when you have 6 signs per intersection like we do here in Pacific Beach on a weekend...

I can't really think of how to restrict it so that it's just not clutter. I suppose when the market has a chance to correct some more, it'll flush out some sellers and make some agents find other jobs.

Anonymous said...

These RE signs are great when you are in the market for buying. It would be annoying to mapquest all the ads in papers rather than folling arrows on the streets.

When you are not in the market to buy, the signs are the annoying ones.

Can't have your cake and eat it too...

Anon 2:59: Not sticking up for politians in any way, but signs on private property is a different issue, whether you see it the same or not.

Anonymous said...

I have no particular sympathy for the politicians, or for the RE types and their reckless clients. Having said that...

You vigilante types who think you own all the sidewalks and are entitled to telling people what to post or not, please just mind your own business, keep your eyes on the road and move on. The signage is harming no one. If you happen to own the lawn the sign is on, then, and only then, please do as you think is best with your property.

Those of you who just report what they see and draw conclusions without drifting into "there oughta be a law" territory: Thanks and please keep it up!


Ripped Off Realtor said...

As a Realtor, I'd like to put in my .02c.

Realtors are generally resented because it appears as though we earn a lot of money, but consider this:

There are 350,000 Realtors in the State of California - only 10% of them are active. Of that 10%, only 10% are earning anything (stats according to the DRE, CAR and OCAR).

It costs money to become a Realtor and to be successful at this profession it takes more than just looking the part and posing as 'Vanna White' in a luxurious beachfront home. It takes many hours of sitting in an Open House on weekends while most others are enjoying family and recreation. It takes working 7 days a week and often 16 - 18 hours a day.

My last sale involved showing the client 46 homes - have you any idea how long that took and what the cost of gas was to ride them around?

To be a Realtor you have to be a successful marketer, too, which means that much money is spent on marketing materials and give aways. Hundreds of miles are walked every month to deliver flyers and door hangers with useful information door-to-door, hoping for the opportunity to meet the neighbors and residents in one's 'farm.

The signs that you are all so against are professionally made signs the likes of which cost me $850! These are not the torn brown cardboard box pieces that are scrawled on with permanent marker, like the garage sale signs or "Earn $1000 from home" signs. Each Real Estate sign comes in at $54, so when they are zapped by the City, it is pretty costly (don't forget that we HAVE TO get them back and that costs us $25 per sign - repeat offenders are cited and the fine can be as much as $250!).

Each City has it's own laws regarding signage and if one is a Realtor like myself that specializes in 6 nor 8 cities, one might have to have 3 nor 4 different types of signage (read: $850 x 3 or 4). Costly? Sure!

In the City of Fountain Valley, we are only allowed to place our signs on private property, with prior permission from the owner (that means going door to door and asking permission EVERY DAY that the house is held open)... we may post signs on only two entrances to a tract and no more than one major intersection from the entrance to the tract. This has automatically reduced our reach in drawing visitors to our sellers home for sale. It's not the Realtor that suffers, but the seller who has dutifully paid taxes and supported that City for how many years? Why penalize the seller by making it more difficult to sell his/her home?

If it becomes difficult to sell homes in a City, and the home takes too long to sell, the home devalues, dragging down the price of every other home in that area. So what, then happens to the price of YOUR property?

Let's add something else to the mix: Let's consider the kids who think that it is fun to turn signs in the opposite direction, or move them onto City sidewalks or worse still, into the middle of the road, which when it causes an accident, the name and phone number of the agent is what Police take down and the agent is responsible for ALL damages!

How would you like to earn $10,000 in commission and have to pay $1,000,000 in damages because someone's kid moved your sign into the road, causing an innocent person to be crippled for life?

Honestly, as Realtors, we TRY to abide by the law, but we are fighting a losing battle. Some of the top producers in our industry make so much money that they couldn't care about the fines - they put their signs anywhere they damn well choose, which makes it really hard on those of us who try to do things the right way.

Local residents who lose their bunnies and post cardboard signs on City lamp posts don't help either.

Let's not hack the Real Estate agents - we're just trying to do our job, just like the rest of you and when it comes time to sell YOUR home, we'd like to know that we will be able to post Open House signs on someone else's property, so that we can get top dollar for YOU!

What goes around, comes around, y'know?

Thanks for your time.

Mr. Brightside said...

Hi ripped off realtor,

I see the need for the signs. I'm not a fan of the handwritten "Downtown Condos, Free Recorded Message" variety as they are not marketing a specific property.

Like a lot of things in life little is black and white.

What areas of San Diego do you focus on? What is your read on the market?

Thanks for dropping by.

Mark in San Diego said...

My 2 cents on Realtors. . .I have been very kind to realtors here and on other blogs. . .many have confused them with "financial advisors" during the Real Estate Bubble, but they were just there to sell and market your property. Stock brokers didn't make people buy internet stocks (although some of the talking heads on CNBC made misleading comments). If there is blame here, it was greed and speculators, and perhaps the large sub-prime mortgage companies, that created loans for anyone witha pulse.

Sven said...

I'm not going to try to be antagonistic here, and I understand and appreciate that you are just trying to make a living with real estate. At the same time though, the REAL problem appears to be that there are just too many realtors. The reason you have to try so hard to get customers (door to door) is because you will get overlooked in the sea of people in your profession when someone is looking to buy a place and seek out a realtor. The market was too good for too long.

The last figure I heard showed real estate agents growing at some phenominal rate. (I don't remember the number specifically, but it was in the ballpark of doubling over 3 years) A couple of years ago, a friend of mine was in medical school and was seriously thinking about dropping out to do real estate because a girl in school with him was selling real estate on the side (while going to medical school mind you) and pulled in 120k in the last year.

Let's bring things into perspective. I am a computer programmer. I spent almost 10 years professionally and about 6 years in school to make my current average of 80k-100k a year. This is working 50-60 hours in a week. For someone to spend a couple of months studying, take a test, and make 120k in a year just doesn't balance out. Professional architects very often work for 10-20 years before they can get close to a six figure salary. (this is with a college degree too) Yes, Real Estate takes licensing and training, but I know people who have completed the program in less than 3 months.

I do sympathize that the industry is just swamped right now, and a lot of great, professional real estate agents who have invested a lot of time and effort in the industry aren't doing well now. My only consolation to this is that it will get better. Sellers will get realistic, volume will go back up, and a lot of people will switch to different professions. (in turn reducing competition) I just hope that people like you saved up for times like this back during the housing boom.

Think on the "brightside", at least your job is never outsourced to India ;)