“What do you call a cat who likes to lounge around with the dogs? A cat.”
Even so, we touched on it a little yesterday, me broad-brush in my post and Brian more-granularly in the comments. There is nothing blindingly new in what either of us has to say, but the territory is virtually unexplored, anyway.
A salesman cursed by luck has no reliable systems – ask me how I know. But a cargo cult is not the antidote to chaos.
The second worst problem with cargo cults is their atheoretical idiocy: “The other guys does all the knowing for me.” But the worst problem is the assumption that the other guy knows what he’s doing.
If you don’t know why, you don’t know what. If you got no theory, you got no praxis.
In other news:
Housing Wire: NYC, LA and SF residents are moving to these cities.
Mike DelPrete: Zillow, Power Buyers, and the Challenge of Attaching Mortgage.
Ashe Schow: Former Seattle Police Chief Says Media Downplayed Violence At CHOP To Make It Appear Peaceful.
Brad Polumbo: Here Are the 10 States Where Residents Pay the Highest Lifetime Taxes.
Christopher Rufo: The Woke-Industrial Complex: Lockheed, the nation’s largest defense contractor, sends key executives on a mission to deconstruct their “white male privilege.”
The American Mind: Miserable Women, Purposeless Men.
Brian Brady says:
RE: Mike’s Zillow Mortgage piece
There is a reason why Zillow Mortgage isn’t performing like they thought it might– they aren’t mortgage geeks. A good mortgage broker is part financial analyst, part car salesman, and part tech geek. When those qualities converge with a burning passion to advocate for customers, he/she can’t be defeated.
Customers like the unknown explained to them thoroughly and, as the explanations have moved from the conference room to ZOOM room, the independent mortgage broker can compete effectively against FinTech.
The ONLY way FinTech can defeat a mortgage broker is by offering portfolio products or convincing Wall Street to buy low or no doc loans
May 27, 2021 — 6:57 am
Greg Swann says:
Since the purpose of the house is the note, they should A/B test using the loan as the teaser to get the home-buyer: “Sign the paperwork and the house is FREE!”
May 28, 2021 — 5:45 am