Save me

Enough about me...where did your parents go wrong?

The last time I wrote about a monthly report issued by the Toronto Real Estate Board with doctored numbers and inaccurate facts, CREA, the real estate mothership, wrote me and said this site had used banned words, specifically one that starts with ‘r’ and refers to people who sell houses. CREA says it owns that word. Non-licensed users will be in big trouble.

Well, doesn’t this create a dilemma for us? If the R-word is used on this site, then it risks copyright infringement and action from a group that I now believe are not among my fans (!). This is a serious issue, since I’m not even sure what key to hit to get ®.

Clearly we need a solution. I’m looking to you. How shall we refer to the people who flog houses? Let me know your thoughts. And soon. I’m told you can’t get online in the Trademark Prison. Plus there are rats and spiders there, and that guy with the hat from The Blacklist who smiles when he shortens your manhood with pliers. Mercy.

Okay, so TREB’s done it again. Here is what the board just released to the media (as altered by the GreaterFool Legal Team):

TORONTO, March 5, 2014 — Toronto Real Estate Board President Dianne Usher announced that February 2014 home sales reported by Greater Toronto Area CENSORED were up by 2.1 per cent compared to the same period last year.  Total February sales amounted to 5,731 compared to 5,613 last year.

Hmmm. Here’s the monthly report from one year ago:

TORONTO, March 5, 2013 — Greater Toronto Area (GTA) CENSORED reported 5,759 sales through the CENSORED system in February 2013 – a decline of 15 per cent in comparison to February 2012.

So last February 5,759 properties sold. This February 5,731 changed hands. That is not a 2.1% increase, but a half-point decrease. In fact, sales in the second month of 2014 were lower than in the disastrous beginning of 2013, when they tumbled by 15% compared with the year before. Moreover, February sales this year were even lower than in 2008, back when mortgages were 6%, not 3% – but when houses were still more affordable.

This all means TREB’s statement that, “Despite the continuation of inclement weather in February, we did see a moderate uptick in sales activity last month,” is untrue. Unless, of course, the R-people secretly revised the 2013 number because it was inaccurate. That would make last year’s sales even worse but (of course) nobody cares any more. It goes to the heart of the issue of accuracy and integrity of information presented to the public by an organization consumers need to trust. Kinda like trademarks, I guess.

Let’s also note that the market in Toronto, as elsewhere, continues to segment. Sales in the lower-end are wobbling badly, while action above the $1 million mark is more than weak. Meanwhile in the middle, we have frenetic activity from desperate yuppies who’ve clearly swallowed the meme that prices will rise forever.

How else to explain that the average SFH in 416 has just hit the $955,000 mark – a year/year increase of 15.7% – while sales last month fell a substantial 8%? In fact, single-family home sales in Toronto have been falling steady now for three winters, and are back at levels not seen since the financial crisis.

This is what cherry-picked, altered information and inaccurate statements from trusted officials yield – the impression of a market in advance, when it’s actually fraying. Lower sales and higher prices aren’t just reflective of stagnant inventory. They signal an unhealthy market that only a price correction can cure, restoring affordability for families now priced out by a cohort of debt-snorfling hipsters.

You’d think that’s what the industry would care about. Instead of me.

341 comments ↓

#1 gladiator on 03.05.14 at 7:06 pm

why go far?
Realturd or Realturds

#2 World According To Garth on 03.05.14 at 7:06 pm

To carry on from yesterday about “income tax”. Seems to me that we all need MSP (here in the province of Bring Cash), you need laundry soap, tp, shampoo and other “normal sundries to live” which are all taxed. You need to go to work (portscam toll bridge), you need to buy gas (phony carbon tax + other GOVT taxes). All these taxes come from…………wait for it.

YER INCOME

So just because its not “wacked off the top” like a carrot top does not mean its not coming off of the “income” you earn. And here in Bring Cash the average working stiff is definitely paying more than 50% in “income tax” based on govt taxes, fees, levies blah blah blah.

Its embarrassing that we rank at the bottom of all OECD countries that also tax as much as we do. Especially with trillions of dollars of resource royalties. So again from yesterday….where the fudge do all those taxes go?

#3 David on 03.05.14 at 7:07 pm

“used property salesperson”

#4 gladiator on 03.05.14 at 7:11 pm

And, btw, when a mountain sinks into the ocean, the sides submerge first and it creeps towards the tip. I find it a good comparison with the RE market meltdown: lower and upper sides fall first while the middle is still “hawt”. Until…

#5 Mishuko on 03.05.14 at 7:14 pm

That’s a little ironic they don’t want you to post factual information. Guess we need to refer to them as ‘RALG’ *censored* Are Liar’s Group.

Love the backlash… I hope they do more and spite their face by smashing their nosd.

#6 James on 03.05.14 at 7:17 pm

Some suggestions : ‘unrealtors’, or ‘house floggers’.

Or perhaps just ‘R’. Because we’ve already got ‘F’.

#7 Mean Gene on 03.05.14 at 7:18 pm

R-word could be okay, however the other word might be a problem.

#8 jayincalgary on 03.05.14 at 7:21 pm

CARTEL – case closed.

Now only if you could help me with my rental problem in Calgary

#9 Scott on 03.05.14 at 7:23 pm

maybe just replace ® (option + R on a mac) with R. would that still be too close for the legal team?
ML* could be MFL for misfit listings…or MLL for misleading listings.
have fun deciding.

#10 calgaryPhantom on 03.05.14 at 7:27 pm

“Minions”

‘ The Minions are small, yellow, cylindrical, creatures who have one or two eyes.
They are impulsive creatures with little self-control, but with a wide-eyed wonder and odd innocence that endears them to viewers and makes them relatable. They can be pesky when they are doing weird interactions with other people, animals, or objects.

Unlike most other criminal masterminds and their usual doctrine of abusing their henchmen, Gru (CREB )gets along famously with his minions. He genuinely seems to like them and even shows appreciation for their hard work and support. He even seems to know each of them by name.

#11 gladiator on 03.05.14 at 7:28 pm

Sorry, one more post.
With the crass, impudent, cocky, bold audacious, impertinent, brazen, insolent, oafish, tasteless, graceless, insensitive, idiotic and evident lies in their reports, why not call them “property overidealizing salesperson”, or “POS” for short? “POSs” for plural.

#12 chris on 03.05.14 at 7:29 pm

Why does it matter? Why do you care?

#13 bob dog on 03.05.14 at 7:33 pm

I was at a bar in Vancouver last week and met a realtor. As usual I referred to his kind as “worthless parasites”. Though accurate, he did not appreciate the label.

#14 Raynor on 03.05.14 at 7:34 pm

Add another adjective there David. “Parasitic Used Property Salespeople” PUPS

#15 mark on 03.05.14 at 7:34 pm

Yeah, I’ve got three words for ’em, they all come from George Carlin’s Seven Dirty Words you can’t say on Garth’s website.

#16 Smoking Man on 03.05.14 at 7:40 pm

How about a Smokster

Screw that, don’t want to damage my brand…

#17 sasquatch on 03.05.14 at 7:40 pm

R-people works. then there’s REAL-tard/s, Property Wheeler Dealers (PWD), and I do kinda like David’s “used property salesperson”.

I imagine you got legal people looking into this, but are they basically trying to cease and desist you of using their name? What about every journalist article that uses their name. Imagine liable wouldn’t look good considering your articles about them straight up lying.

#18 yann on 03.05.14 at 7:42 pm

Surprised to find the daily blog post already up so early tonight.

Pretty annoying to receive such a legalistic, cease-and-decease letter from the property brokerage mafia.

I think you should seek some legal advice – the gist of their argument seems to be that their trademarks could not be used by someone aiming for gain in R.E. transactions, by seeming to be part of their industry or organization.

Their letter stems of course as response to the critical thinking in the blog (and most of the comments) about what a drag high-priced living spaces are on most people’s lives and finances. They don’t like that! :)

Thanks for all the post, Garth. Enjoying the daily reading and the many great comments here.

#19 William Bell on 03.05.14 at 7:44 pm

What cheap shots ! Well , easy fix to this is to have your IT guy come up with a JavaScript snippet that auto-scans and replace sensitive with “BACON” or whatever.

Better yet have your IT guy come up with a server side script that auto-replace sensitive text on the database each time you create a blog entry. Then you can still write freely and have Robocop to look after you.

#20 vatoDETH on 03.05.14 at 7:48 pm

CREA CREA CREA REALTOR REALTOR REALTOR MLS MLS MLS ®®® ©©© ™™™

#21 Mishuko on 03.05.14 at 7:49 pm

CRUD – canadian *censored* undermining demizens

TURD – toronto underestimating realestate declines

#22 John on 03.05.14 at 7:51 pm

#3

I like it…. UPS..

#23 jimmy on 03.05.14 at 7:53 pm

Well ‘they’ do say MULTIPLE Listing Service.

‘They’ sure ruin the meaning of Professional.
You get your butt kicked if you proclaim you’re a Professional Engineer without being a member of the association. That is unless you fail the exam three times and whine to a bogus tax payer funded ‘human rights’ commissar. Perhaps someone can complain about CR.EA.

#24 Toronto_CA on 03.05.14 at 7:53 pm

Is Realtard too offensive? Likely.

#25 Greed is God on 03.05.14 at 7:53 pm

GetRealtors?

#26 Tri-Guy on 03.05.14 at 7:53 pm

Realter ~ A conman licensed to steal. It doesn’t matter to a Realtor who gets screwed as long a as they get thier commision . When the bubble burstes and every one else is losing all they have the Realtor crawls back under a rock, and gets off scott free.

#27 yann on 03.05.14 at 7:53 pm

“Paper wealth provides little security:
Statistics Canada says most families are better off than a decade ago. Why do they feel overstretched, vulnerable and scared?”

Good article by Carol Goar at The Star, debunking the recent StatsCan report that all is well and peachy with the Middle Classes. http://www.thestar.com/opinion/commentary/2014/03/04/paper_wealth_provides_little_security_goar.html

#28 Dinner_with_Groucho on 03.05.14 at 7:55 pm

Susan Pigg is doing the Lord’s work for the TREB again.

The gist of it is that she quoted the phony figures about sales going up 2.1 percent. Then she talked about a 25 bid panicked frenzy for a Danforth and Coxwell dump, strongly implying that this is the last chance to buy anything better than a cardboard box.

She even talked as if Vancouver *WTF* was back on the steamroller to champagne riches and caviar dreams.

It’s shilling on a pretty grand scale.

http://www.thestar.com/business/2014/03/05/shortage_of_new_listings_fuelling_desperation_among_toronto_home_buyers.html

#29 Wosniak on 03.05.14 at 7:56 pm

I want to share a couple of funny deja vu moments I had:
1. “Flip that house”: I listen to Q107 and never I heard an ad to ask for help from “young and energetic” individuals to flip houses in GTA and golden horseshoe area! Sounds familiar? 2005, California…. and rest is
2. Saw Greater Vancouver Avg home price chart today in Globe and Mail. Striking resemblance with Nasdaq 2000 bubble. Slope is now almost vertical.

And the heard gets slaughtered.

#30 mitzerboy on 03.05.14 at 7:56 pm

your like a dog garth…
your a rebel a soul rebel

#31 Old Man on 03.05.14 at 7:58 pm

CREA, I will sue you in a NY minute if your association of deadbeats ever uses my copyright which give to them on a daily basis. Its my middle finger _I_, so now what, as even the car sales people are looking good as compared to these clowns.

#32 Victoria on 03.05.14 at 7:58 pm

@gladiator
What ‘sides’? The ones that gained 20K in just one month? Prices in 905 jumped from 620K in January to 640K February.

#33 Ydnew on 03.05.14 at 8:02 pm

CREAPS?

#34 Freedom First on 03.05.14 at 8:03 pm

This post is Priceless Garth!

Off the top of my head, doesn’t that saying end with “then they fight you, and, then they surrender”. I think the “mocking” part was near the beginning.

Truth is power. And the power is behind Garth. Evil hates truth.

Hey Garth, I bet the TRADEMARK people would just love to sign your cast with: “CENSORED”

Can’t wait to see you with the spring back in your gait as you waltz into your next televised interview Garth. That will be just CENSORED beautiful!

#35 Shawn on 03.05.14 at 8:03 pm

Morons at the Gate

Perhaps the real estate assocication can first go after the Cmpetition Bureau for such infringement. I believe they have also used words like MLS and Multiple Listing Service.

What a bunch of morons, looks to me like we just avoid the r in the circle.

Also I am sure the risk of infringing on their marks on a blog is somewhere less than zero.

As far as inflated data. If they know that the current months data will usually melt down by 2% when sales that fall through are accounted for they should just adjust all reported numbers down by that 2% at the outset.

How can anyone trust these people?
They know they are wrong, We know they they are wrong and God knows that they are wrong.

#36 Squatter on 03.05.14 at 8:05 pm

The RealTurkeys maybe?

#37 Vamanos Pest on 03.05.14 at 8:07 pm

#1 Gladiator
Yep, that’ll do. Realturds it is.

#2 World According To Garth
The answer to your question is simple. Healthcare.
Accounts for 45% of the budget here in Alberta.

Also, the fact that the realturds even pay attention to this blog validates Garth’s viewpoints. We’re supposed to kindly just eat the crap they feed us without bringing up things like, well, math, for instance.

Finally, simple proof the numbers are cooked: revision of preliminary numbers is ALWAYS (literally 100% of the time) a revision down. That’s not genuine uncertainty in the preliminary data (which would result in revision up as often as down), that’s lying. (In statistical speak it would be called erroneous data collection or analysis, but in plain English, it’s lying.)

#38 Erick on 03.05.14 at 8:07 pm

Hi Garth

I could find the list of trademarks owned by the canadian real estate association, and they effectively own those that have been mentioned (they could have been lying just to impress you …):
http://www.cipo.ic.gc.ca/app/opic-cipo/trdmrks/srch/bldSrch.do?lang=eng&textField1=canadian+real+estate+association&selectField1=**3**&submitButton=Search&andOr1=and&textField2=&selectField2=tmlookup_ext&andOr2=and&textField3=&selectField3=tmlookup_ext&andOr3=and&textField4=&selectField4=tmlookup_ext&andOr4=and&textField5=&selectField5=tmlookup_ext&selectWithin=&selectStatus=&checkboxTMType=&selectDateStatus=&fromDate=1865-01-01&toDate=2014-03-04&selectMaxDoc=1000&selectDocsPerPage=10

I also found the concept of fair dealing related to copyrighted content, which includes parody, satire, criticism, review, or news reporting:
http://en.wikipedia.org/wiki/Fair_dealing#Canada

I think you should consult a lawyer specialized in trademarks – because the worst case scenario may be a ban of this blog for unauthorized use of trademarks.
The letter you received may be considered as a legal warning, which may be followed by subsequent legal action …

Erick

And did I use the R-word? — Garth

#39 gladiator on 03.05.14 at 8:09 pm

@18 Victoria:
600k is in the tip area.
Sides are below 400k and above 1M.
Satisfied with the clarification now?

#40 REALTORR on 03.05.14 at 8:11 pm

Call them ROTTENS (with a trademark sign!) It’s a new word, but people will understand….

#41 Erick on 03.05.14 at 8:14 pm

#26

I wouldn’t be too worried with the R. word – you can use realtor (lower case) safely since it is a common name identifying a profession, and it is not protected – just don’t use the R. word (upper case) which is protected.

I would be more concerned with the use of the M. word.

Erick

#42 Freedom First on 03.05.14 at 8:15 pm

Smoking Man

Message from Pink Floyd, who I am a fan of:

“Teachers, leave those kids alone”

#43 Chickenlittle on 03.05.14 at 8:18 pm

How about Land Pimps?

Property Jockey?

#44 saskatoon on 03.05.14 at 8:20 pm

curious as to why listings are down…

are people not wanting to sell…because they are waiting for ever-higher prices to “cash-in”?

or…land transfer taxes? realtor fees? cap. gains tax?

or…they feel marginally richer after each susan pigg article?

or…home prices are so high that people don’t want to sell, move, and “buy another overpriced house”?

wtf? why aren’t more people selling into the inflated market and claiming house lottery winnings?

egads! the absurdity of it all! especially after watching property implode state-side.

#45 CalgaryGuy on 03.05.14 at 8:21 pm

Instead of Realtors how about Faketors or Fauxtors?

#46 Blase on 03.05.14 at 8:23 pm

Regression to the mean. “Prime” areas included.

#47 BWilson on 03.05.14 at 8:25 pm

How about: spivs

from urban dictionary

spiv
A flashy, slick operator who makes a living more from speculation or profiteering than from actual work. The kind of guy who wears a shiny medallion, goes bankrupt from a dodgy swampland development scheme, but still has a big house in his wife’s name.

This real estate boom is a spiv’s paradise.

#48 prairie person on 03.05.14 at 8:25 pm

Fair dealing has been expanded to the point that educational institutions don’t feel any need to reimburse authors for work that is copied. Copy budgets and equipment are so available that it is cheaper to run off twenty copies of a book rather than have the students buy the book. I expect your use of the trademark falls under the expanded fair dealing lable.

How? — Garth

#49 Cowtown Refugee on 03.05.14 at 8:27 pm

Apparently the CREA has just gone full Realtard. Nimrods.

#50 stop lying on 03.05.14 at 8:27 pm

I wonder if people would buy the shit coming out of a used car salesman’s mouth if he called himself a AUTOTOR® and put out monthly “stats”?

#51 Squatter on 03.05.14 at 8:28 pm

Real Turf

#52 Sgt Bilko on 03.05.14 at 8:29 pm

We live in a time of great deceit where the more you tell the truth the more people hate you.

“unRealtor”, CREAtive and multiple liars service…

#53 CalgaryGuy on 03.05.14 at 8:31 pm

Ridiculously Egregious Arrogant Liars Transmitting Opportunistically Redacted Statistics – R.E.A.L.T.O.R.S.

#54 Freedom First on 03.05.14 at 8:35 pm

#6 James

I like it. “R”. Then we would have F-C-H-R. That should about do it.

#55 recharts on 03.05.14 at 8:42 pm

call then the Garbaverage people

#56 GLK on 03.05.14 at 8:43 pm

CREA —> “CREASH” like Crash or Canadian Real Estate AsH#&@%.
MLS –> “MLIES” Multiple Lies System.
Realtors –> “Faketors” or “Realdogs” or “RealFools”

#57 NoName on 03.05.14 at 8:44 pm

Kick them in the nuts (r).
Fair dealing is a statutory exception to copyright infringement. It is a defence, with the burden of proof upon the defendant. To qualify under the fair dealing exception, the dealing must be for a purpose enumerated in sections 29, 29.1 or 29.2 of the Copyright Act of Canada (research, private study, education, parody, satire, criticism or review and news reporting), and the dealing must be fair.

#58 Nemesis on 03.05.14 at 8:47 pm

Yikes! Well, never mind, AuldPol… for, as it happens, history is ever at our service:

http://en.wikipedia.org/wiki/Carpetbagger

Sometimes… ya just can’t beat OldSchool.

Speaking of OldSchool… the following #ComicRelief is for Jess courtesy of the NigeriaStandardNews:

http://tinyurl.com/mvxce76

[NoteToJess: Essentially correct if errant in a few minor details {“herbs” were not a contributing factor, more a case of ‘LikeSonLikeFather’}… and no, I’ve no idea how I know that… and even if I did, I would be obliged to feign permanent memory loss. Well. There it is.]

#59 marquis de sale on 03.05.14 at 8:47 pm

They play the Nana Mouskouri Christmas Album over and over all day long in Trademark prison. It’s in Stockholm….made in 1977.

#60 Dual Citizen in Canada on 03.05.14 at 8:51 pm

REP, Real Estate People or Person.
A REP, The REP…

#61 Derek R on 03.05.14 at 8:51 pm

Didn’t they used to be called “real estate agents” or “estate agents” for short? You could use that. Let them keep their fancy, made-up name.

#62 TEMPLE on 03.05.14 at 8:52 pm

I suggest “CREAtin.” Anything to keep you out of the big house.

#63 TurnerNation on 03.05.14 at 8:53 pm

#110 Aggregator

A timely post I saw a small presentation from this Toronto charity:
http://fredvictor.org/community-housing

Vast areas of Toronto’s core have undergone gentrification and kandofication. A basic basement apartment rents $800+.
There’s nowhere for people to go.
On weekends the King and Queen St. steeetcars resemble rolling mental health wards, almost always someone going off or disturbed. At least it’s warm.

I’m usually not giving handouts (I’m not a ‘rightee’ though) but on this year’s coldest night (-38 windchill) I stepped out of the Drake hotel after a night of merriment into a cab, was asked for money (“$23 for a shelter room”) by a middle aged woman who didn’t seem particularly down and out.
I thought for a sec and said why not take this streetcar over to Jarvis and the Salvation Army shelter. She said it’s full tonight. Could not argue with that so reached into pocket and peeled off a 20.
Don’t know if for shelter in this area or drugs but in that weather it was needed.

#64 David on 03.05.14 at 8:55 pm

This is pretty disrespectful but CREAtin is the first creative thing that came to my mind.

#65 sciencemonkey on 03.05.14 at 8:56 pm

sciencemonkey’s random tidbits:

1) At 6:15 pm I went to the local Canada Post in the Shoppers Drug Mart, and lo and behold the Canada Post has reduced hours (that no longer match the Shoppers), only open until 6 pm Mon-Thurs, and 7 pm Friday. I called Canada Post to complain. I’m guessing this is symptomatic of their drive to lay off thousands of workers.

2) My parents (who I don’t talk to mostly), are selling their Thornhill Woods house for $998,000. They bought it in 2002 for something like $440,000. Oh yeah and they are both retired boomers with government indexed pensions. I am le jealous of their undeserved luck.

3) A mainland Chinese friend of mine who has been in the country for ~ 4 years recently bought a condo at Yonge and Finch for $400,000. The down payment of $150,000 came straight from the parents, and they also offered to buy it outright, but the friend thought the parents could get a good interest rate on the money in China, so declined for the time being. I know I know, it’s only an anecdote… but foreign capital stories like this is why I suspect RE price has no connection with wages.

#66 TurnerNation on 03.05.14 at 8:56 pm

Sounds like a SLAPP suit in the making by the cartel.

#67 MDQ on 03.05.14 at 8:58 pm

I would just called them for what they are: ®€₳£₮O®
All they care is about money

#68 Cici on 03.05.14 at 9:04 pm

#2 World According To Garth

Well, here in Quebec the taxes definitely aren’t going towards road repair and maintenance of basic infrastructure. The condition of our viaducs, bridges, roads and highways is embarrassingly bad…especially considering that there are orange cones all over the place every spring, fall and summer.

#69 DJB on 03.05.14 at 9:04 pm

That was at least a $5,000-$6,000 lawyer consultation and letter drafting bill…… I say keep on doing what you do and make everything they send you public. The PR nightmare will be to big for (R)ealtor to handle or the (C)REA.

Your not living until you piss someone off!

#70 John J on 03.05.14 at 9:05 pm

Hi Garth,
How about something like Floggsters along the same vane as banksters.
Mind you, I do like Realturds suggested by #1.
Regards,
John

#71 Eastern Ontario Abe on 03.05.14 at 9:05 pm

My suggestions for names
Creap – Like CREA(TM) but more like creep

Brokens instead of Brokers
Willnots instead of Realtors – just because.

And it’s not just TREB(tm) who releases numbers and then makes up numbers the next year. The Ottawa Bored (typo intended) has been doing the same thing.

#72 Robbie on 03.05.14 at 9:08 pm

So CREA is going to send letters to all the newspapers, blogs, etc. telling them they can’t use CREA or REALTOR? Obviously they won’t be doing that. Stupid move to pick out a blog that criticizes them…makes them seem rather thin-skinned and petty. By the way, I’m a Realtor so I guess I can use those trademarks! ~

#73 Adam on 03.05.14 at 9:09 pm

Best Realtor nickname: “Dirt Pimp.”

I am one though mostly I make my living in the property management business.

Garth, keep up the good work.

#74 PaulieG Bombastic on 03.05.14 at 9:11 pm

Dearest Gman,

Being reading your blog for close to a year now since i moved back to this tax-infested frozen tundra known as Canada. Aside from the frequent laffs, your blog has been very helpful in keeping me up to speed and aware of what is going in the world of finance/investing and the real estate mess that is unfolding.

Speaking of messes, you should consider it an honour that the only way CREA can try and snipe back at you is to threaten you with unauthorized use of their trade marks (like they have nothing better to do). Being the jester that you are, you should keep using it and see how long till they have to send you the “cease and desist” letter from their evil lawyer…oooh look out. Oh course, is the bark bigger than their bite?

What is far more important (and which you hammer on with consistent accuracy) is your alerts/concerns about how this industry is able to operate as it has with little to no accountability (i.e. lying, distorting facts, complete biased statements on the industry and market in general). There is no transparency in the industry. It is all hype instead of dealing with facts/reality. orchestrating bidding wars, not revealing bid offers, controlling process = it is a load of crap that needs to come undone.

In the last few years, the regulators have only seemed to be concerned about the excesses/problems associated with the banking industry (likely due to the fact of how much our economies/livelihoods are reliant on the global economy).

Recently, the regulators clamped down on the mortgage broker industry in the past (likely because of all the small time home owners/grandmas who got swindled by shark brokers in the past). A bit draconian but you dont screw around more if you are in the mortgage broker industry because of what can happen to you if you dont play nice.

So we are left with the the real estate industry/agents themselves? My wrath is directed at the residential industry/not the commercial one where you are generally dealing with a more sophisticated client and broker who can get past the BS and deal with facts as to whether or not it is a good deal.

Keep shining the spotlight on the problem. You are doing a bang up job. The news will continue to get out there. In time, the rats will run out of space to hide and operate. More and more people wil get fed up and realize that what these guys do would get them thrown in jail if they were actually in an accountable and respected “profession” where rules matter (securities, banking etc etc).

Stay gold.
PG

#75 angela on 03.05.14 at 9:11 pm

Putin of Russia nominated for Nobel peace prize http://www.cbsnews.com/news/vladimir-putin-nominated-for-nobel-peace-prize/ kind of funny Obama already has that one under his belt

#76 tkid on 03.05.14 at 9:11 pm

I vote for Used Property Salesmen or Property Jocky.

#77 Goody Niosi on 03.05.14 at 9:14 pm

As a journalist, I use all these trademark terms – without capitals and without trademark marks. I have never had an issue. Can you imagine reading articles in the paper – and it’s littered with trademark signs – every time I use the word Coke or Pepsi or whatever I am referring to. The same goes for books, magazines etc. – where do you ever see this trademark symbol? It’s just silly. But, if it worries you, just change a letter: Realturs. Maltiple Lusting Survice, etc.

#78 realtors are SCUM of the earth on 03.05.14 at 9:15 pm

These useless eaters are not only useless but are true scum. Realtors HATE facts and would rather mislead. How us Canada held hostage by people without high school education?

#79 mackinaw on 03.05.14 at 9:16 pm

I agree, MLL for MLS, or R-word for the others, whatever you decide, people will get it. Plus, we trust you to present accurate info and analysis, regardless of the sources you use. Rock on! don’t sweat it.

#80 mark on 03.05.14 at 9:17 pm

CREAtin® is definitely a winner.

#81 learningfromyou on 03.05.14 at 9:21 pm

Thank Garth for this post

Is there any way to regulate these institution and to audit the information they provide to the public?

With the house bubble everybody collect more TAXES, so clear enough that F is not interested controlling the madness.

when the gaz price started to increase everybody without every reason to justify the action, I found stickers in the pumps explaining all the cost involved
it included
-production
-TAXES
-station profits.
once again nobody wanted to control that monster, a time later the stickers were removed from the pumps.

So Garth we are screwed to the bones unless we replace F by YOU

#82 45north on 03.05.14 at 9:21 pm

Shawn : morons at the gate

Pretty funny

#83 Maxamillion on 03.05.14 at 9:25 pm

How about “2 weeks course no IQ required” or NoIQ

I have better names but they would get deleted.

#84 AfterTheHouseSold on 03.05.14 at 9:25 pm

Two suggestions:

Grifter (with G in a circle): someone who swindles you through deception or fraud; a confidence (or con) man.

Jokester (with J in a circle) would reference idiotic numbers they come out with and what a joke their industry has become. Would lend itself to the tag line “it’s no laughing matter” and “the joke is on us”.

#85 Daisy Mae on 03.05.14 at 9:26 pm

“REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association”

*****************

I don’t see any little ‘r’ anywhere on your webpage. And that precious little ‘r’ isn’t on MY keyboard, either. What are they babbling about?

Gosh…you sure have upset them, Garth!

#86 Cici on 03.05.14 at 9:28 pm

Garth,

I would get lawyers on their ass immediately (calling all blog dawgs who are lawyers: time to give Garth some free advice!) because their claims are unfounded and abuse and you should tell them to stick it where the sun don’t shine is nice well-formatted legalese.

First, you have never mentioned the Realturd subsidiary association, with or without CAPs and special copyright symbols. You have only referred to real estate agents in a general manner using the plain-language word realtor, and in a way that does not imply to consumers that you, as a non-member, are a licensee of the marks. So, it’s a mute point. The worst of it is that you have recommended to your followers to use a real estate agent when buying or selling. I’m sure you and your lawyer can find proof of these claims within your blog data.

What this comes down to is an abusive censorship attempt. You have done nothing wrong, and I think you should pursue the matter with a healthy legal counterattack.

#87 wallflower on 03.05.14 at 9:29 pm

They all share the same contact phone number and email address. Maybe we should all email them asking them for THEIR suggestions.

200 Catherine Street, 6th Floor
Ottawa, ON K2P 2K9
Phone: 613.237-7111 Fax: 613.234-2567
Toll Free: 1-800-842-2732

For general inquiries

Phone: 613.237-7111
Email: [email protected]

For media related inquiries:

Pierre Leduc
Phone: 613.237-7111
Email: [email protected]

For inquiries related to political affairs:

David Salvatore
Phone: 613.237-7111
Email: [email protected]

For inquiries related to statistical information:

Janet Lemoine
Phone: 613.237-7111
Email: [email protected]

For inquiries related to meetings and events:

Anik Aube
Phone: 613.237-7111
Email: [email protected]

#88 Ford Prefect on 03.05.14 at 9:29 pm

Garth: the second point in today’s blog, the apparently misleading or even false real estate numbers presented as truth.

I began thinking about the Pimco statement that 2014 would be the year of a Canadian real estate correction. Pimco is apparently one of the largest financial institutions in the world and yet its analysis leading to this conclusion is based on nothing more than outsider information that you and many of your readers know about the real estate market. And much of that information, as far as I can tell, is only informed speculation.

It is amazing that an industry of this size can remain almost completely opaque and quite legally at that.

#89 Jack BeNimble on 03.05.14 at 9:32 pm

The problem with using a pseudonym is they still might try to sue for defamation. Hopefully we will have SLAPP legislation in force in Canada rather than the hodge podge of common law which is expensive to defend against. Fingers crossed.

#90 TheCatFoodLady on 03.05.14 at 9:33 pm

Huffery, puffery & pissy petulance on the part of They Who Must Not Be Named.

Frankly I’d expect a professional association to concern itself with professional type stuff; little details such as accurate information, data, stats…

There is no doubt the middle market is frenzied right now. I too don’t get why there aren’t more listings. Maybe boomers wanting to ‘equity out’ are thinking a few months from now, especially with a shortage in listings, they might get more money. Others looking to trade up are realizing that if they’re getting more for their current place, they’ll have to pay an equal premium for an upgrade. Maybe many are smartening up & realizing their current house is okay; they’ve costed out an upgrade/move & realized they’ll gain nothing moving save for big headaches.

I expect prices in the middle will keep rising for a while but with stagnant wages that will come to an end at some point; personal & family assets are finite. When will that point come? Nobody knows for sure. A lot of factors come into play & they’ll vary for different people.

I’m not going to waste any time puzzling over new names or terms for an organization that’s done nothing to earn my respect. We’ll all use different terms & at some point one or a few will be taken up by everyone.

My only concern is making sure Garth stays out of Trademark prison. I hear the meals consist of leftover snacks from open houses & toilet paper is cut up from defunct RE flyers. Fates worse than death & all that…

#91 DaleFromCalgary on 03.05.14 at 9:33 pm

#65 – The reduced hours at the Shoppers retail postal outlet were set by the drug store. Don’t blame Canada Post. The staff at all retail store outlets are store employees, not genuine posties.

#92 Piccaso on 03.05.14 at 9:35 pm

How dare this board undermine the Canadian Real Estate Pyramid

#93 Smoking Man on 03.05.14 at 9:37 pm

Let this be a warning to all of you.

I invented fuex spelling errors to avoid law suits, I’ve patnend the technic, anyone who mimics my style can expect a letter from my attorney..

#94 Rebel Captain on 03.05.14 at 9:39 pm

It’s quite obvious, Rapists.

#95 MarcFromOttawa on 03.05.14 at 9:41 pm

Realtors should be called “Goodbye Horses” after the song from Q Lazzarus immortalized by buffalo bill in Silence of the Lambs.

https://www.youtube.com/watch?v=9-Kz3-NlJc4

#96 DC on 03.05.14 at 9:42 pm

Property Lemmings

Property Magicians, Mrs. Usher could be Houdini

#97 Cici on 03.05.14 at 9:43 pm

#53 CalgaryGuy

Awesome, love the eloquence :-)

#98 Matt on 03.05.14 at 9:47 pm

Given their desperate (e.g. thst lawyer’s letter; heavy-pressure sales tactics) and outlaw-like (in the sense of being unregulated, etc.) behaviour, I think Real Estate Desperadoes (REDs, for short), has a certain ring to it.

#99 totalchaos on 03.05.14 at 9:48 pm

As I was hoovering the house today, I thought of a xerox my spouse gave to me with a list of homes for sale in my hood. I googled a couple of the addresses but quickly came to this site, lest I be tempted to purchase. So TREB won’t let you say the “R” word? I needed a kleenex I laughed so hard.

#100 X on 03.05.14 at 9:49 pm

What happened to the copy of the letter they sent you?

Nothing wrong with posting that, it is good information for all of us to share. It was good to know that real estate agent is a better use for someone who sells homes as opposed to the word that just starts with R, as most real estate agents are members of CREA.

Same for their online listing service, we should know what words to use and not to use. When I am talking with friends I will now refer to it as ‘the online home selling listing, that real estate agents use’. Which would be much more accurate and legal to use than 3 little letters.

Garth what would be the best way for the general public to bring attention to certain people releasing fictitious information to the public? Or do you think something like this is in the works?

If most Canadians have most of their net worth in real estate, shouldn’t the gov’t do something to see that the public is not misled in the purchase of such a commodity? Pensions, RRSP, even my grandmothers cash savings are regulated in regards to what can be stated, posted, advertised, and what is or is not insured.

In this regard, real estate should be considered an investment as much as my hockey cards or stamp collection is. Ironically, I trust the issuer of the hockey card valuation guide more than that of some ‘house seller guys/gals’.

Not to call them all bad, some are great, and worth more than what they get paid. But a board fudging numbers for their own interests. Not cool.

#101 Brad on 03.05.14 at 9:50 pm

You’re not the only blogger to be hit with this:

https://forums.digitalpoint.com/threads/dont-use-the-word-realtor-its-trademarked.77209/

Not sure what to call them as a group, but there’s some hilarious individual real estate agent’s names here:

http://www.smosh.com/smosh-pit/photos/19-most-ridiculous-realtor-names-ever

#102 hohoho on 03.05.14 at 9:50 pm

surely the word is generic trademark …

#103 Notta Sheeple on 03.05.14 at 9:50 pm

Given that most everything these charlatans publish is the complete opposite of the truth, why not spell it backwards?

ROTLAER®

Really
…Obnoxious
……Two-faced
………Lying
…………Egotistical
…………….Rodents

Then again, that would be an insult to Rodents everywhere.

#104 IVoteIndependent on 03.05.14 at 9:51 pm

Right now they seem to be REtALiaTORs…

#105 Notta Sheeple on 03.05.14 at 9:51 pm

I omitted the ‘A’. This is a family blog.

#106 X on 03.05.14 at 9:53 pm

When rates have risen substantially in a few years, fudging the numbers will only be slapping lipstick on a pig.

#107 Ralph Cramdown on 03.05.14 at 9:54 pm

You just call them realtors. It isn’t a copyright issue, it’s a trademark issue. And since you aren’t using it in trade, there’s no actionable issue. The more you use the word ‘realtor’ to refer to a used house salesperson, the weaker their mark becomes.

Incidentally, the Canadian association licenses the mark from the American one. In America, many real estate agents aren’t “Realtors” because they don’t choose to write the qualifying exams and pay the fees, but in Canada, every agent is one because the national body (which all the provincial bodies mandate their members belong to) allows the mark to be used by all.

#108 Grantmi on 03.05.14 at 9:57 pm

#24 Toronto_CA on 03.05.14 at 7:53 pm

Is Realtard too offensive? Likely.

I vote for Realtards!!

#109 Daisy Mae on 03.05.14 at 9:59 pm

“This is what cherry-picked, altered information and inaccurate statements from trusted officials yield – the impression of a market in advance, when it’s actually fraying.”

*****************

Well, it boils down to one fact. They are despicable liars.

#110 NOTHING SURPRISES on 03.05.14 at 10:02 pm

Spell it backwards.

“SROTLAERS”

Everyone on the blog would know and remember………or they would ask!

#111 $ealter on 03.05.14 at 10:03 pm

If it is not too much effort to type, you can call them $ealtor.
or
$ealt0r – this captures the essence, they take all my money and take me to zero

#112 Silver on 03.05.14 at 10:06 pm

is this not fraud on their part… these counterfiet numbers
…and then they threaten you… with corporate “trademark sanctions”…
…. are the Amazons not pissed, and polishing their swords…?

… let them try and cause fear in Garth,
… more powerful have tried…
and failed.

Congrates Garth

#113 Montellino on 03.05.14 at 10:08 pm

Jabberwhackies
—————-
® GBRWKYZ ™

#114 BossHogg on 03.05.14 at 10:08 pm

reeltors with out the capital R

#115 Mr. Reality on 03.05.14 at 10:09 pm

I like “house pimp”, its just feels right.

Mr. R

#116 gladiator on 03.05.14 at 10:10 pm

REALTards does not reflect their clever and cunning methods of manipulating and fudging RE market numbers to give the impression that all is peachy. They know how to lure Joe Sixpack into thinking that he must buy now or he’ll be priced out forever. We gotta give them credit for having the brains to do this albeit criminal deed (which is allowed by our beloved citizen-protecting government, but that’s another story).
I vote either for ROTLAER or for my earlier suggestion REALTurd (am I allowed to vote for myself?)

#117 devore on 03.05.14 at 10:14 pm

I’m sure Garth has already gotten legal advice on the threat, which amounts to basically SLAPP. Journalists, writers, etc, get to use trademarked terms that are in common lexicon, like Realtor, Coke, BMW, Nike, Harley, etc, without the ™ or (r) symbols, because that’s a right they have. Good luck suing anyone over that.

#118 YVR on 03.05.14 at 10:15 pm

Do what the coffee shop in California did to get around the Starbucks trade mark. They called in Dumb Starbucks. How about Dumb Realtor?

As it turned out the Dumb Starbucks thing was a hoax but Dumb Realtor does have a ring to it.

http://www.thespec.com/news-story/4387135-dumb-starbucks-hoax-mocked-coffee-giant/

#119 ozy- this article illustrates YOU ARE NOT SEEIGN THE FOREST BECAUSE OF THE TREES on 03.05.14 at 10:16 pm

This article illustrates YOU ARE NOT SEEIGN THE FOREST BECAUSE OF THE TREES

who cares if there is a 1-2% reporting margin? the reality is it what it is, anyway: BIDDING HELL

why not make a post on success BUY stories from years back

or show the ones that sell 56% above listing price…document BIDDING HELL from a non-partisan position, interview people and agents on both sides of the barricade…do a TV show —-this is celebrity, a bit of ART

#120 YVR on 03.05.14 at 10:19 pm

Me second suggestion to replace the R word.

When Walmart takes unskilled workers and puts them in a useless non value adding position they call them associates. How about Real Estate Associates? Or would you get sued by Walmart for insulting their greeters?

#121 Silver on 03.05.14 at 10:20 pm

Blacks Law,9 ed. page 1379
realtor (reel-ter). 1. (cap) Servicemark. A real-estate agent who is a member of the National Association of Realtors.[Cases: Brokes 3] 2. Loosely, any real-estate agent or broker.[Cases: Brokers 2].

so only a sevice mark if capitalized. so much for trademark crea or realtor.

Silver

#122 ozy- add this on 03.05.14 at 10:20 pm

negativity did not help anyone

#123 Alberta Guy on 03.05.14 at 10:20 pm

$elltors

#124 Alberta Guy on 03.05.14 at 10:21 pm

or selltor$

#125 Tigger on 03.05.14 at 10:24 pm

How about: “Censors”
Course this might be confusing if we discuss the subjective and suspicious inflation summaries offered by StatsCan (another great institution hyjacked?) in the form of CPI (censored price inflation).

#126 nomad on 03.05.14 at 10:25 pm

Tip: 103 Queensway (near Windemere and Lakeshore)

A typical case of our poorly constructed condos in Toronto, for the sake of a quick investor profit.

My coworker rents there. He says that not only did they replace falling balcony windows, but the elevators are broken so often that a graffiti indoors says “This condo s-cks”. There are leaks in the movie room, and holes in the walls near elevators (guessing that people kicking walls while waiting 10 minutes for the single available elevator).

Pet animals are pooping in the staircase. Because the elevators don’t function properly, it happens that owners don’t have enough time to reach the ground floor…

#127 juno on 03.05.14 at 10:25 pm

Real-turds, should get that trademarked.

How can a real-turd (censor version) be copyright.

Its so generic.

#128 Spiltbongwater on 03.05.14 at 10:27 pm

When I sell my townhouse, some of the commission will go to these ASSHATS® who want to launch frivolous lawsuits on people who are not in any way infringing on the trademark for commercial gain.

#129 torontorocks on 03.05.14 at 10:33 pm

DELETED

#130 TnT on 03.05.14 at 10:33 pm

How about…..

Domus Venditoris – Latin for Home Seller

OR…

Fealtor Ruckers

#131 will on 03.05.14 at 10:35 pm

How about Realsters?

#132 mark on 03.05.14 at 10:36 pm

[email protected], [email protected] and ML$.

#133 saskatoon on 03.05.14 at 10:42 pm

everybody,

are we not talking about “realtor” here…as in the real estate website?

surely, they don’t have a copyright on the actual word “realtor”?

#134 TakingResponsibility on 03.05.14 at 10:43 pm

Laughable. The loss of trademark status would mean that ‘realtor’ is not already a generic word (used a bazillion times by all in the same way the public uses “google” and “Velcro” and “band-aide”).

I’m quite sure that it was sent in jest, and we can always use a little legal satire, right?! I also think we can be assured that that the letter was not some impulsive, fragrantly ham-fisted attempt to bully one lone blogger solely because of his well-known contrarian views regarding investments. After all, that would be quite unconstitutional.

Seriously, the legal question should be ‘is CREA an unreasonable aggressor for issuing a cease and desist for trademark infringement’ in this case.

That little letter needs to go viral. Un/fortunately, in the public forum, the letter will simply solidify the perception that CREA is an aggressive, arrogant entity in apparent need of regulation.

#135 crowdedelevatorfartz on 03.05.14 at 10:44 pm

Well, this subject warms my heart.
The best rebuttal to Garth’s concise, analytical criticisms of CREA’s “spin” is to threaten our favourite blogdog for pointing out statistical anomalies which in some cultures would be called lie’s…..
A realtor by another name………hmmmmmm.
“Leech” would be an insult to all blood sucking parasites.
“Scum” would be an insult to all bottom dwelling pond goo.
“Turd” would negate the positive effects of feces.
“Weasel” would unleash PETA protests.
“Liars” would unleash that other blood sucking rodent known as a Lawyer.
“Legion” has biblical connotations but would confuse many.
So, a Slimy Arrogant Lying Evil Shyster Manipulating All Numbers………….can only be a salesman

#136 Investment Virgin on 03.05.14 at 10:46 pm

Call them Floggers.

#137 JimH on 03.05.14 at 10:46 pm

slugs

#138 Danforth on 03.05.14 at 10:46 pm

Hi, please d something about the link in post 38
It’s crazy long and wreaks havoc on iPhone/ iPad.

Thanks!

#139 heineken on 03.05.14 at 10:50 pm

garth
your providing such an incredible service to all the sheeple.
you must be a musician-every night you wind them up with stories of renting and immoral real estate agents.

we should all get together at queens park and protest with hockey sticks about those dirty realtors.

#140 LJ on 03.05.14 at 10:51 pm

REFs (Real Estate Floggers).

They seem to want to “call the game” all the time. People always hate the bad calls that refs make.

And, it could also be used for each municipality: “Toronto (Van, Calgary) refs stated that sales (rose/plummeted) by some number that they just pulled out of a hat… versus last years number that has been adjusted since we were told it was the undeniable truth.”

#141 Eric on 03.05.14 at 10:54 pm

How about “Realtwhores”.

#142 Country Girl on 03.05.14 at 10:54 pm

When spelled backwards (rotlear), sounds close to RottenLiar.

#143 torontorocks on 03.05.14 at 11:00 pm

hey my first delete! and I was being nice

#144 Early Spring on 03.05.14 at 11:01 pm

What a joke…..I prefer the term”Oxygen Thief” when referring to the rats that sell houses

#145 Early Spring on 03.05.14 at 11:01 pm

Oxygen Thief

#146 Mike T. on 03.05.14 at 11:01 pm

This reader votes for ‘used property salesperson’ because it sounds slimy

or

Realsters – because, you know..

Here is a nice story about people that care about dogs

http://www.castanet.net/news/Kelowna/110288/Vernon-SPCA-turns-to-Kelowna-for-help

if we all gave 50.1%, there would always be surplus

#147 Country Girl on 03.05.14 at 11:05 pm

Really?-ters

#148 Jeff on 03.05.14 at 11:09 pm

Revisionists
Relators
Realturds

#149 Terry on 03.05.14 at 11:13 pm

How about REEFORS for the “R” word?

#150 Harry Wilson on 03.05.14 at 11:16 pm

PLTs: Porcine Lipstick Technicians

If you don’t like that one, I hear that dropping the last vowel is hip and edgy, as is pluralizing with a ‘z’, giving us ‘realtr’ and ‘realtrz’. Maybe just ‘Jrkz’.

Or, to borrow from an ancient SNL skit, ‘Land Sharks’.

I tried to come up with an anagram for (censored) in its plural form, but the best I could do was ‘rear slot’ (make of that what you will) and ‘loser rat’ (maybe a little harsh). Perhaps Turner Nation can come up with an appropriate one; he seems to be another anagram fan.

By the way, since this may be my last chance to post this before our host get locked up, not only does ‘Garth Turner’ anagram into ‘Garner Truth’, but ‘The Greater Fool’ anagrams into ‘G, the realtor foe’.

P.S. Just out of curiosity, could a food safety website get sued for simply using the words ‘Kellogg’s’, ‘Post’, or ‘General Mills’?

#151 Capt. Obvious on 03.05.14 at 11:23 pm

Clearly Surreals will work for this crowd. The Toronto Surreal Board, and so on. Like the Incredibles, but less, much less.

#152 Max Jones on 03.05.14 at 11:26 pm

Hmm, maybe you should let them sue you and argue that their trademarked term belongs in the public domain. Just like Kleenex® vs tissue. What about Aspirin®?

Also, a trademark does not stop anybody from talking about IBM®, Oracle® or Microsoft®. Collectively they employ about a million and a half. All big companies with trademarked names.

#153 Snowboid on 03.05.14 at 11:26 pm

How about using our other official language?

Maybe: l’agent immobilier mensonges?

#154 Jeff on 03.05.14 at 11:28 pm

Realsters

#155 R-word on 03.05.14 at 11:28 pm

“REDACTED”

#156 Hazer on 03.05.14 at 11:30 pm

Surrealtor

#157 DreamingInTechnicolour on 03.05.14 at 11:30 pm

“House Pimps”

#158 Jon B on 03.05.14 at 11:31 pm

How about – Surrealtor

#159 R-word on 03.05.14 at 11:31 pm

Inventory down and prices up? Sounds like a boom to me. The busy is when inventory climbs and prices drop. That’s not happening. Clearly.

#160 Email these scumbags on 03.05.14 at 11:32 pm

They all share the same contact phone number and email address. Maybe we should all email them asking them for THEIR suggestions.

200 Catherine Street, 6th Floor
Ottawa, ON K2P 2K9
Phone: 613.237-7111 Fax: 613.234-2567
Toll Free: 1-800-842-2732

For general inquiries

Phone: 613.237-7111
Email: [email protected]

For media related inquiries:

Pierre Leduc
Phone: 613.237-7111
Email: [email protected]

For inquiries related to political affairs:

David Salvatore
Phone: 613.237-7111
Email: [email protected]

For inquiries related to statistical information:

Janet Lemoine
Phone: 613.237-7111
Email: [email protected]

For inquiries related to meetings and events:

Anik Aube
Phone: 613.237-7111
Email: [email protected]
—————————————————————–

Ive emailed my thoughts and I think others here should so the same.

#161 VICTORIA TEA PARTY on 03.05.14 at 11:32 pm

START A CLASS ACTION SUIT…SUE ‘EM DANNO!

TREB along with others of their ilk are giving away the “family secrets” here with this latest propaganda incantation.

The secret they’re trying to secret is: FEAR…

They are afraid that the laundry list of greater fools is shrinking and too many “estate” agents, as they are known in the Mother Country (England to the rest of you), are going a little hungry.

Often the top of a market can be determined by such perverted “behaviour”. It’s all downhill from here!

Which means that St. Garth of Vindication City is right once more that indeed purchasing a chunk of soil with a domicile atop, is one crappy so-called investment.
I recommend that Garth canvas the “crew” with the aim of making TREB as miserable as possible and sue the blighters into the next stone age with a very public execution of same.

Grounds are pure and simple: somewhere in our Constitution there must be some section or other concerning “free speech” or some such?

Also, if other media outlets are “allowed” to use the “R” word, then why can’t this blog-spot do the same?

Find just one other media outlet that uses that word, and it’s case closed.

Find a good lawyer, maybe somone knowledgeable in property who has quit chasing ambulances as sideline and, in other words, has a conscience.

Good Luck to us all.

#162 R-word on 03.05.14 at 11:32 pm

Inventory down and prices up? Sounds like a boom to me. All investors know this. They also know that a bust is when inventory climbs and prices drop. That’s not happening. Clearly.

#163 Country Girl on 03.05.14 at 11:33 pm

#120 YVR
Real Estate Associates is good and can be shortened to Real Ass’s

#164 Bill Gable on 03.05.14 at 11:33 pm

Pick one:

Thieves

Swine

#165 Realtors are scum on 03.05.14 at 11:33 pm

DELETED

#166 Anon on 03.05.14 at 11:34 pm

Ctrl+F “realtard”, glad to see several mentions already.

#167 A Yank in BC on 03.05.14 at 11:39 pm

So the CREA wants to hide behind their Lawyers. Could they be any more cowardly than that.

#168 Benchwarmers on 03.05.14 at 11:41 pm

I like Dave’s, ” Used Property Salesman”(U.P.S. or Useless Piece of Sh#T) It sounds cheap and unappealing.

#169 Newalgier on 03.05.14 at 11:42 pm

Relitter. After the great Tanta of CalculatedRisk.

http://www.calculatedriskblog.com/2008/12/compendium-of-tantas-posts.html

#170 Cash is King on 03.05.14 at 11:42 pm

How ’bout [email protected] – The Nice Lady at the Open House

#171 Happy Renting on 03.05.14 at 11:42 pm

Stealtor?

I like #141’s “Realtwhore”, too.

#172 Jackofall on 03.05.14 at 11:43 pm

Lying and posting misleading stats is A-OK, but using a licensed word in published dialog is a no-no. Got it. makes perfect sense. About as much sense as calling a bunch of double-counted properties statistically irrelevant.

Garth, using the CENSORED word, in upper case, with or without the trademark symbol may be a trademark violation, but last time I checked the word “realtor” is an english word and nobody can hold a trademark on a word which appears in the dictionary. So just call them “realtors” and be done with it. But in case that’s not good enough, here are some ideas:

The Turds
Ambassadors of Math Fail
Agents Without Integrity
Magical Fairies Of House Horniness
Puppy Killers
The Shitty Photographers Club
also known as The I-Don’t-Know-How-To-Use-A-Camera-But-Its-OK-Because-I-Always-Use-A-Fisheye-Lens Posse

#173 jordy on 03.05.14 at 11:49 pm

hilarious… I like realtard, maybe reazltor or realhore
Keep up the good work Garth

#174 jan on 03.05.14 at 11:56 pm

How about REALTURDS
YEAP, THAT SOUNDS ABOUT RIGHT.

KEEP UP THE GOOD WORK GARTH.

#175 Catalyst on 03.05.14 at 11:58 pm

Alot of hate on realtors in this comments. There are some good ones and some bad ones.

What I would like to see Garth, is if you focused on who is supposed to be regulating these guys or how we can move towards that. How can such a large part of the economy and the largest portion of all canadians wealth is completely unregulated?

It’s a cruel joke, and many won’t find it funny when the punchline is delivered.

#176 TrumpVu on 03.05.14 at 11:58 pm

DELETED

#177 Sitarow on 03.06.14 at 12:04 am

Real Estate Agent” or “Agent”

Source
https://forums.digitalpoint.com/threads/dont-use-the-word-realtor-its-trademarked.77209/

#178 Saltpony on 03.06.14 at 12:07 am

#3 David
“used property salesperson”

HA HA HA!!!
Please?! Please?!! Can we use it?
I love it!
____________________

BTW Garth, I’ve just opened an account today with TD Bank using e-Series Index Funds. Thanks for your advice and the ensuing remarks of the Commentors® The gal/guy who suggested Couch Potato Investing was right on for my level of investment competence.

xo
PS. I hope the ankle is healing up well and that you aren’t too bored – give Bandit a pat from us please :)

#179 Ontario's Left Coast on 03.06.14 at 12:08 am

Shack Shysters
Dump-Pumpers
Condo Artists
Earth Eels
Plot Pushers
House Hustlers
Crib Creaps
Pit Peddlers
Soil Scammers
Loam Lizards
fREe-Loaders
Turf Flunkies
And my personal favorite: House Humpers

#180 Dan in Victoria on 03.06.14 at 12:08 am

Six Percenters

#181 cornstars on 03.06.14 at 12:22 am

Garth I like your tag, R-People!

#182 Code Red on 03.06.14 at 12:26 am

House Pimps

#183 Nemesis on 03.06.14 at 12:26 am

@CalgaryGuy/#53

OUTSTANDING. Acronyms are an art, you know.

@TurnerNation/#63

BravoZulu. It doesn’t matter what they spent it on… You vastly improved their universe and faith in humanity that evening. GoodOnYou! PS – I’ve fond memories of TheDrake… notwithstanding their MicroSuites and a bar that was somewhat under-crowded/sterile that night. What can one say… I was ostensibly there to honour the only CanadianAcademic/MediaCritic to enjoy a cameo in a WoodyAllen flick… but, alas, I was working on something far more nefarious. Nice work if you can get it, though. Well, some of the time.]

Oh yes, I nearly forgot…

*NotesForTheDefense:

1. http://en.wikipedia.org/wiki/Metonymy

2. http://en.wikipedia.org/wiki/Generic_trademark

[NoteToComplainants: As if. You really, really, really don’t want to go there. Amicus Curiae, much?]

#BonusZen #MediaStudies:

http://youtu.be/sXJ8tKRlW3E

#184 Spaccone on 03.06.14 at 12:27 am

138 Danforth on 03.05.14 at 10:46 pmHi, please d something about the link in post 38It’s crazy long and wreaks havoc on iPhone/ iPad.Thanks!

I was wondering what that was, it’s messed up on an android tablet as well.

#185 drydock on 03.06.14 at 12:29 am

A person who treats other people badly and unfairly: heel.

Heeltor.

#186 Yuus bin Haad on 03.06.14 at 12:31 am

Speaking of HAM

P.S. I like the classic “real estate agent”

#187 Ronaldo on 03.06.14 at 12:31 am

How about this from Wikipedia. They could be referred to as ‘surrealestaters’.

”sur·re·al

adjective: surreal
1.
having the qualities of surrealism; bizarre.
“a surreal mix of fact and fantasy”

synonyms: unreal, bizarre, unusual, weird, strange, freakish, unearthly, uncanny, dreamlike, phantasmagorical More ”

#188 LuckyRenter on 03.06.14 at 12:39 am

DELETED

#189 Retired Boomer - WI on 03.06.14 at 12:50 am

Ah, back from 2 weeks in TN & FL. Why did I bother to return just as I was defrosting? Well, mid-west masochism I guess, and Garth needs a new name for house floggers.

I kind of like the following:

RealTurds

Domus Venditoris

It matters NOT how we refer to them, only to be keenly aware that they do NOT have our long term welfare in mind. If they did, they would clearly steer the weaker buyers out of harms way in this over pumped gas bag of a market. How else to call the numbers?
Renters smart, buyers stoop-id.

#190 Brad on 03.06.14 at 1:04 am

How about parasites

#191 a prairie dawg on 03.06.14 at 1:12 am

DELETED

#192 Kootenay Ma on 03.06.14 at 1:15 am

O My Gosh

I am dying here, of bursts and hoots of laughter !

Y’All so funny

#193 T on 03.06.14 at 1:19 am

DELETED

#194 Happity on 03.06.14 at 1:33 am

With the usa economic renaissance in full swing due to a high in stock markets, healed banks, sound profits, unemployment down, and the fed tapering, who could really be worried about the real estate market in that tiny neighbour to the north?

#195 Marcus Aurelius on 03.06.14 at 1:34 am

#128
I second ASSHATS….lol

#196 Stringman on 03.06.14 at 1:51 am

FMLS

#197 Half Full on 03.06.14 at 1:55 am

Used Property Salesperson
R in keeping with H, F etc
Funniest comments in a while!

#198 captk on 03.06.14 at 1:57 am

I doubt they can prevent using a word in commentary. It’s not commercial use. Otherwise nobody could print reviews, news, or comments on Microsoft(®!) or any other product could they. I’d write them back and tell them they are trying to prevent your freedom of expression under the Canadian Charter of Rights. This is fair use.
Anyways, you could always go with ‘CREAtures’; it’s in the dictionary.

#199 Freedom First on 03.06.14 at 2:18 am

We have the now recognized term: “Wal-Mart Greeters
Perhaps we should try this one: “Open-House Greeters”

#200 TGibs on 03.06.14 at 2:27 am

Best Term for a Realtor is “Dirt Merchant” because that is truly what they are….Not that that is a bad thing.

#201 dominion on 03.06.14 at 2:46 am

Oh my god I love it when companies play this game and expect it not to back fire!

I call them “used house salesmen” add it puts them on the same level as used car salesmen.

#202 AK on 03.06.14 at 3:21 am

Thanks everyone for the feedback, really appreciate it. Lots of positive comments about the rental, the business, and having a baby!

Sounds like the consensus is spruce the place up to an acceptable level and then pass it off to a realtor. I’m not sure what type of condition its going to be in by the time we get the renter out, and I’m not sure how much we afford to put in. The crazy thing is I’m a happy renter in Vancouver and consider myself a pretty good tenant. I cannot believe the crap our tenant pulled. After this, I know I’m not cut out to be a landlord.

Regarding quitting the healthcare job… Day-to-day healthcare is demanding, both professionally and personally. Over the last few years, I’ve ended more days than not wondering if my skills could be better utilized in another field. The transition from healthcare to business has been eye opening. Very competitive and ultra tough. But now that I know what it feels like to not have to answer to someone, I can’t imagine going back. I think its just about finding the right formula now. Thank you all for some very encouraging words. Great perspectives.

And finally, about the baby… My heart is racing just typing out… The nerves may do me in before the big day!

#203 jJane24 on 03.06.14 at 3:48 am

Use the British term – estate agents.

Anyway my UK internet only REALTOR worked out just fine. We close in two weeks.

I paid $934 Cdn in total in RE commission including the sign. That’s it. Nothing further to pay and this was on a $665,000 Cdn house price. They did everything an agent does but since they are based 60 miles away in the original Surrey, we had to show it ourselves. They negotiated the offers, everything.

Agent was House Simple and it sold through http://www.rightmove.co.uk which is a private company and lists most of the property in the UK and international but there are also lots of other UK property sites just as Prime Location which carry all listings for the general public. No MLS system here.

This is the future of RE guys, once the Canadians break the cartel.

We are also using an UK internet lawyer – all scans and emails and they are about 50% the cost of a face to face one.

Smashing day here, temp is plus 12 and all the Spring flowers are up and bobbing. Makes a change from our winter of heavy rain from your polar vortex!!!

Cheers

from the original Dorset

#204 Fortune500 on 03.06.14 at 4:11 am

‘Thatguyfromhighschoolwhofailedmostsubjectsthenbummedaroundyourhometownaftergraduationuntilfinallysettlingonthisoverfinancialadvisorbyanarrowmargin’

I kid of course.

Pushers

#205 Steve French on 03.06.14 at 5:02 am

DELETED

#206 betamax on 03.06.14 at 5:13 am

DELETED

#207 Buy? Curious? on 03.06.14 at 5:18 am

Garth, it looks like the boat you have rocked is taking on water! Use Realtor and CREA all your pretty little heart desires. If you get sued, I would gladly contribute $100 towards your legal fees. Think about it, getting all those CREA bastards and bastardettes testifying under oath, you could single handily take down an industry and bring real reform. You’d have tons of support and you’d be a gawddamn legend like Ghandi!

Why don’t you call their bluff, and I’ll start a cloud funded legal fund and we’ll document the battle on film for 2016 Documentary Awards season?

http://www.youtube.com/watch?v=pPd67CEL54E

Rob Ford 2014! Do you think he’s worried about legal letters?

#208 Buy? Curious? on 03.06.14 at 5:26 am

Canadada has no heros.

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

#209 I'm stupid on 03.06.14 at 7:18 am

Realtors call them what they are… Lietors

#210 HiRezJack on 03.06.14 at 7:19 am

Re: Adam, comment # 73: “Dirt Pimps” : made me laugh out loud.

In terms of number of units, I suspect more condos change hands than houses. “Sky pimps”? “Residence Pimps”?

#211 Woody B on 03.06.14 at 7:40 am

Rotlear – singular
Rotlears – Plural
MLS = SLaM

#212 polecat on 03.06.14 at 7:53 am

The one time I dealt with realtors made me feel dirty. Both mine and seller agents were just hungry for the sale, seemed like a made up drama, signing an offer and counter offer. I suppose there are protocols to follow but I found the lawyer the only pro in the whole process. Maybe just got some bad ones but it left a bad impression. I would rather leave my house to someone who need it in my will than deal with that type of person again. I learned more from the guy installing my heat pump and actually got a real service for the money. It seems to me a made up profession, those that couldn’t cut it as used car sales people.

#213 Steven on 03.06.14 at 7:55 am

DELETED

#214 led on 03.06.14 at 7:57 am

Garth, this can’t be true. but it must me, because otherwise this would be a slanderous post. I hope you are all over this – is this legal to make somebody put that stupid R with a circle every time you mention them? I feel like I am in a fascist country. Is it really your obligation to put the R?

#215 EIT on 03.06.14 at 8:02 am

So much for free speech.

#216 Pr on 03.06.14 at 8:36 am

CREA are so bad. They had to come back on their knees to have quebec CIGM back with them.

When the real people on the street, discover the lies they wher producing for years. People who flog houses WILL BE in big troubles.

#217 Ronaldo on 03.06.14 at 8:51 am

Might be able to find something suitable in this dictionary. Very funny.

http://www.urbandictionary.com/define.php?term=Real%20estate%20broker

#218 jess on 03.06.14 at 9:05 am

http://www.washingtonpost.com/blogs/the-switch/wp/2013/08/29/new-zealand-just-abolished-software-patents-heres-why-we-should-too/

=

r amplifiers without a sound control
============
bread and circus
[…] iam pridem, ex quo suffragia nulli / uendimus, effudit curas; nam qui dabat olim / imperium, fasces, legiones, omnia, nunc se / continet atque duas tantum res anxius optat, / panem et circenses. […]wiki

(Juvenal, Satire 10.77–81)

#219 Smoking Man on 03.06.14 at 9:13 am

After some help from UOG I have the perfect substituted word for [email protected]

Prevaricators.

#220 Milkman on 03.06.14 at 9:16 am

Realters.
Realators.
Reeltors.
Realtools.

#221 Internal Auditor on 03.06.14 at 9:35 am

Rhealtors

#222 economictsunami on 03.06.14 at 9:38 am

Although Stats Can data may be accurate, does it go far enough to become more useful in shaping policy?

Studies undertaken by special interest groups (such as the one reported yesterday for the CC) and banks provide more context but may not be widely disseminated…

Hidden jobs data paint a bleak picture of Canada’s labour market: CLC…

http://ca.finance.yahoo.com/news/hidden-jobs-data-paint-bleak-picture-canadas-labour-090020003.html

#223 robert james on 03.06.14 at 9:57 am

Crea seems to be rather insecure as well as petty these days.. I expect it will get worse..

#224 DJG on 03.06.14 at 9:59 am

Just because a word is a registered trademark, it does not mean only the owner or its licensees can use it. In the US they have fair use; here we have fair dealing. If you were selling Realtor-branded merchandise, then they would have a point, but the use of the word that comprises the mark in commentary is perfectly fine. Keep using it. The general public mostly have very little love or respect for Realtors, so they’d be judged pretty harshly in the court of public opinion if they chose to file some kind of pathetic claim. Not surprising that an organization whose members generally have little or no formal education or training has such difficulty understanding the law.

However, you are simply incorrect about any slowing in the Toronto market for SFHs, even at the $1 million+ mark. In any central neighbourhood, virtually everything below $2 million is selling in days or a couple of weeks.

#225 Daisy Mae on 03.06.14 at 10:06 am

“How shall we refer to the people who flog houses?”

****************

Well, I think ‘R-people’ is okay…but I much prefer ‘realturd’.

#226 tkid on 03.06.14 at 10:11 am

Loam Lizards! roftlmao!

#227 Squatter on 03.06.14 at 10:22 am

R-tors

#228 Dupcheck on 03.06.14 at 10:24 am

It seems that now days lies from “important” agencies are a norm. Media is to be taken with multiple grains of salt.

#229 Mike on 03.06.14 at 10:24 am

What about “Real Estate Agents”? Isn’t that what they used to call themselves but couldn’t trademark it? You also could move your website’s location to an off shore location and then it would be okay, wouldn’t it?

#230 Funky on 03.06.14 at 10:30 am

How about the “Reaple”.

#231 Irene on 03.06.14 at 10:33 am

Scalpers!

(I call head-hunters scalpers too.)

#232 Daisy Mae on 03.06.14 at 10:34 am

#41 Erick: “just don’t use the R. word (upper case) which is protected.”

***********************

I’ll use it, if I like…REALTOR, REALTOR, REALTOR. Without the teeny weeny ‘r’ within the teeny weeny circle, it’s perfectly legal. How ridiculous can CREA be?

#233 Ryan on 03.06.14 at 10:39 am

+1 for “realtard”.

#234 NairBear on 03.06.14 at 10:42 am

Having watched this all unfold in the US some 10 years ago.. my favorite “new words” of the time were:
• EKWITY – that money you think you have in your pocket (making you feel rich) because your house went up in value.
• STEALTORS – parasitic pests on a transactional process

By the way… anybody ever see Lemony Snicket’s A Series Of Unfortunate Events? Meryl Streep is deathly afraid of Realtors. How did *they* get permission?

Violet Baudelaire:
Well, Aunt Josephine, have you ever thought of, maybe, moving someplace else? Maybe, if you moved away from Lake Lachrymose, you might feel better.

Aunt Josephine: Oh, I could never, never, never, never sell this house.
[pause]

Aunt Josephine: I’m terrified of realtors.

Lemony Snicket: There are two kinds of fears. Rational and irrational. Being afraid of realtors is an irrational fear.

#235 Penny Henny on 03.06.14 at 10:51 am

All these posters coming here to put down a group of people. Your host here has on numerous occasions recommended the services of a realtor especially when purchasing a home. But on this blog everybody wants to put them down.
So I’ll ask you all this question. Why do so many of you here love to hate?

In my opinion it’s not healthy.
Peace.

#236 Daisy Mae on 03.06.14 at 10:58 am

#134: “That little letter needs to go viral. Un/fortunately, in the public forum, the letter will simply solidify the perception that CREA is an aggressive, arrogant entity in apparent need of regulation.”

*****************

Perfect! Let’s watch them shoot themselves in the foot.

#237 T.O. Bubble Boy on 03.06.14 at 11:03 am

“RE Agent” is pretty straightforward.

“R” fits with “F” for this blog.

“Realturd” captures public sentiment.

#238 first post on 03.06.14 at 11:10 am

REA – real estate agent

#239 Daisy Mae on 03.06.14 at 11:11 am

#195: ‘CREAtures’

**********************

Love all these suggestions! CREAs gonna be sorry they ever started up with us! LOL

#240 NoName on 03.06.14 at 11:11 am

censorship by copyright.

i was always under impression that copyright law was put in place to “encourage and promote” innovations and creativity, but now days same law seems to be used to treat, intimidate and CENSOR. i gues our country is free’er than some, but we are here on slippery slope here with this law. we have copyright law that is used to banned and remove content for the wrong reasons. i wander how much time i have before lobyloves start slapping me silly…

examples of censorships by copyright around world
http://boingboing.net/tag/censorship

http://i62.tinypic.com/29kxoxt.jpg

#241 matt on 03.06.14 at 11:13 am

House Hustlers? heh heh has a nice ring to it!

#242 elmsley on 03.06.14 at 11:13 am

Maybe last years sales were counted before they fell through. There’s no way to pretty up a drop in 15%. Then they can later admit that it was really at 17% drop, but hey, it will let them play with number for the next year. And why doesn’t the gov’t have these numbers, these people have to report it, don’t they? Why let TREB do this?

#243 cramar on 03.06.14 at 11:14 am

People like to modernize their labels. Every time I see a TV car commercial I substitute the old terminology. I.e. “now available at your Ford Store,” will always be a “dealership” to me. A store is a store and a dealership is a dealership! Similarly, realtor will always be “agent” to me. So for me, they are:

real estate agent = REA or REAs (plural)

Or as suggested, you could use:
[email protected]
Re®ltor
Either way, they are still agents to me!

Maybe it is all a hidden plot to make TORonto the centre of the RE world, as in Realtor(onto).

#244 Daisy Mae on 03.06.14 at 11:17 am

#204 Buy? “Use Realtor and CREA all your pretty little heart desires. If you get sued…”

***************

No one is getting sued. The word ‘Realtor’ and the company abbreviation, CREA, are free for anyone to use.

#245 John Prine on 03.06.14 at 11:19 am

All this vitriol for realtors everywhere, it isn’t the realtor in Small Town Canada causing all these problems, it is TREB and VREB, the average realtor just works 7 days a week to make a living and don’t ask for this bad press at all. The few friends I have who are realtors would just as soon get any “bubbles” over with and get on with business.

Garth recommends when buying or selling your home to get a good realtor, we have bought and sold homes privately and with realtors and unless you have a really desirable property at a reasonable price its bloody hard being a “FSBO” We had a home that we tried to sell in 2010 by ourselves, correctly priced, no complications but no buyers either, after listing with a big national company it sold to a couple that lived on the other side of the country in less than a month, we got out at a good time and it was because of the exposure the property got across the Canada….

#246 Aggregator on 03.06.14 at 11:22 am

G&M: Staples to shut 225 stores in North America as sales fall

Next…

#247 Blacksheep on 03.06.14 at 11:23 am

Short positions increasing on US housing related companies.

#248 Huuk on 03.06.14 at 11:27 am

Easy – REA (Real Estate Agent)

#249 rainclouds on 03.06.14 at 11:36 am

housesalesperson

#250 Smoking Man on 03.06.14 at 11:37 am

Never bet against smoking man

Anyone see where the USDCAD is right now, anyone remember when I called batman on it.

That was an easy 150 k….

Whooooo Hoooooooo

#251 ciccio on 03.06.14 at 11:42 am

DELETED

#252 gladiator on 03.06.14 at 11:44 am

@232 Henny:
“Why do so many of you here love to hate?”

Why shall we love or even tolerate a group of people who distort numbers with a clear goal of beefing up their own business and profits, at the expense of current buyers of the product they flog, as well as at the expense of a healthy future of this country’s economy in general? Why love those whose actions will trigger pain down the road for me and, maybe, for my children via higher public debt from bankrupt house buyers, higher taxes to pay of that debt, fewer public services from less money in public coffers from government-imposed austerity measures again caused by debt, from the impossibility to buy an average house with 3.5-4 average salaries due to the madness that these individuals fuel via creating bidding wars, etc. etc. etc.?
What’s to love here? These individuals, by making good money for themselves, make the rest of us poorer now and in the future. What pours gas on the fire is the inaction of our government which encouraged all this via lowering rates and allowing 40y-nothing down mortgages, which does not call RE cartels on their lies in publicly-released reports. We all see that something really wrong is being done and feel powerless because those who supposedly should “take care of us” let this happen.

#253 NairBear on 03.06.14 at 11:57 am

I don’t hate Realtors. I just wish I could pay them like I do my lawyer. Or my accountant. Or my financial planner. Or my housekeeper. That is, I pay you an hourly rate for the WORK you do. Not just… ‘cus.

#254 tkid on 03.06.14 at 12:01 pm

Penny Henny, the loam lizards started this. Go complain to them if you don’t like the results.

#255 Value hunter on 03.06.14 at 12:05 pm

I quite like PERP (practically every realty person or professional – I use the latter sarcastically).

It seems quite fitting given the Oxford definition;
-noun
-North American• informal
-The perpetrator of a crime

#256 Alex n Calgary on 03.06.14 at 12:10 pm

Oh they’re desperate now!!! I like Unrealtors and Dirt Merchants, Soon-to-be-fish-salesman is good too! I like the guy explaning how RE sales was done in the UK, thats the way things will go (also your plan to start a large online low cost alternative to MLS when the market hits the crapper)
Keystone XL ain’t looking to likely in the US, once they convince the refineries to convert too producing US sweet fracked crude, no demand for nasty canadian Bitumen

#257 Kootenay Ma on 03.06.14 at 12:13 pm

CREAltors

#258 Nemesis on 03.06.14 at 12:15 pm

#QuelleSurprise #WhatWouldAuntJosephineSay?

“You might think that if risk appetite has returned, it would undermine the safe haven story… But no. Those prices are still rising.” – Liam Bailey, KnightFrank GlobalResearch

[WSJ] – Superrich Pushed Prices of Top-Tier Homes Higher in 2013: Number of People With More Than $30 million in Net Assets Also Rose

…”Prices in prime locations rose last year in 54 of the 90 cities surveyed by Knight Frank. That’s a greater proportion of gainers than in the prior year’s survey, when half the cities showed rises.

The data suggest that the rich are spreading their wings, after years of retreating to a relatively small number of stable cities. When the banking crisis kicked off in 2008, a “big wave of money” flocked to investing in cities like London, New York, Sydney, and Vancouver, said Liam Bailey, global head of residential research at Knight Frank in London.

That wave is spreading out. Six of the 10 cities with the biggest average price gains in Knight Frank’s Prime International Residential Index were in the Asian-Pacific region this year. Jakarta, Indonesia, was on top with a 38% gain.

Los Angeles was the only North American city in the top 15, posting a 14% rise.

While Europe continued to slump—the region lost 1% and contributed to 80% of all locations where prices declined last year —there were signs of recovery. Dublin captured the fifth spot on the index with a 17% gain, and Madrid posted an increase of 5%.”…

http://online.wsj.com/news/articles/SB10001424052702304815004579419300147541882

#259 Andrew on 03.06.14 at 12:20 pm

You have obviously hit a nerve and they don’t know how else to try to stop the pain. Good for you.

r**ltor
r3alt0r
raeltor
relator
realtur
re-agent

#260 Raging Ranter on 03.06.14 at 12:27 pm

How about ‘Fealtor’? Since they all seem to have sworn an oath of fealty to the CREA and the various regional boards, and have agreed never to question or otherwise cast doubt on dubious industry statistics and press releases.

#261 Holy Crap Wheres The Tylenol on 03.06.14 at 12:28 pm

#93 Smoking Man on 03.05.14 at 9:37 pm
Let this be a warning to all of you.
I invented fuex spelling errors to avoid law suits, I’ve patnend the technic, anyone who mimics my style can expect a letter from my attorney..
_____________________________________________

Use my attorneys. Dewy, Cheat-um, & Howe!

#262 Holy Crap Wheres The Tylenol on 03.06.14 at 12:31 pm

Smoking Man if you got em, smoke em. Enjoy

http://www.youtube.com/watch?v=tly5CjjGmPk

#263 Holy Crap Wheres The Tylenol on 03.06.14 at 12:36 pm

Go on any MLS listing and you will always find multiples for the same property. When are they going to stop this. The freaking map has millions of dots, and quite a few are the same place. Where is the credibility with these guys. Its almost false advertising.

#264 PROTEA on 03.06.14 at 1:01 pm

I have met very few honest or honourable Real Estate Agents in my life. Have purchased or sold 8 properties and at least 70% of the deals left a bad taste afterwards.

Being in sales myself (Insurance ) I have many times if a need cannot be established to move on and compliment the person for the position they in. When you ask a Realtor for advice it is always slanted towards the sale process with their normal propaganda nonsense of why this is the best time to buy or sell.

In the UK their industry has a better reputation as the lawyer plays a significant role. So in reference to how I describe realtors are unprofessional sales people shysterealtors. Was given great advice by a lawyer in Vancouver that it is not difficult to act for oneself in a selling transaction but get listed on MLS and offer to pay the buyers commision.

I always prefer to deal eye ball to eyeball with the owner when buying anything ie.Real estate ,cars or boats. I can read them much more easily then a shyster agent who only sees $$$ comm.

#265 Fed-up on 03.06.14 at 1:04 pm

Shack Shysters
Hut Humpers
Termite Protectionists
Den Dumpers
Realdorks
Mold Mongers
Rodent Advocates
Purveyors of Debt

#266 Ray Skunk on 03.06.14 at 1:08 pm

Bumper levels of commentary for this one!

I say call their bluff. Let them take you to court. Publicize it. You’ll then have a platform for revealing the truth about their practices.

I can’t see you losing, but – as another blog dog stated – I’d happily chuck $100 into the Garth Turner Benevolent Fund.

#267 Benchwarmers on 03.06.14 at 1:14 pm

After a night of brainstorming I’ve got it! Realosaurus! I thought it was fitting as they are about to go the way of the rest of the dinosaurs.

#268 BCD (D for Dealtor) on 03.06.14 at 1:18 pm

Costco gas at $1.27 a litre this morning. Wage freeze on in BC for gov’t workers. 10 years ago I was paying HALF this amount for petrol and HALF this amount for MANY groceries. What’s changed? Don’t tell me oil is a more limited resource now. . .

I know, I know, I know. . .I am the enemy. . .me and my huge gov’t salary job. Ask any gov’t worker about a pay increase and you will hear the same story. If they would just stop inflating the price of everything we wouldn’t need a raise. The price of gas has been jacked up over 100% in the last 10 years. . . but my wages sure as heck haven’t gone up 100%.

Garth you talk about investing. How about doing a blog post on the price of food. Anyone who “invested” in a wack of non perishables 3-4 years ago would have seen their investment rise 30% at minimum. Sounds like doomer nonsense—but it’s not.

#269 Randis on 03.06.14 at 1:31 pm

DELETED

#270 pinstripe on 03.06.14 at 1:32 pm

Why is there so much hatred toward the Real Estate industry?

Every industry has an important role to offer in our society. A functional society will consist of the wealthy and the poor. Changing the equation becomes dysfunctional. Those in society that are STUPID deserve to be taught a lesson periodically. It is impossible to educate STUPID.

The political leaders in our society are considered the role models and yet there are multi scandals on the books. It is interesting how the drama in the senate has been snuffed out.

#271 pinstripe on 03.06.14 at 1:41 pm

Every industry has their own agenda, seeking whatever marketing tactic to use to obtain the most money and power. Once enough money is obtained the power will adjust accordingly in short order. Thereafter, bigger and better steps are taken without too much challenge.

#272 Aj on 03.06.14 at 1:42 pm

Talk about a bunch of sore losers pulling copyright infringement. I thought I would get in on this, so how about:

property jerks
Residential Purchasing and Assistance Operatives
Home Floggers
Convertable Nation
Special Home Friends
Them Housing Folks

And my favourite:

Residential Executive Purchasing Operatives (REPO for short)

#273 Cici on 03.06.14 at 1:48 pm

Back to Bitcoins…latest, breaking news is the CEO is dead:
http://www.dailymail.co.uk/news/article-2573863/Bitcoin-exchange-CEO-dead-home-suspected-suicide-age-28.html

Another “suicide”

#274 pinstripe on 03.06.14 at 1:49 pm

Fighting the Real Estate industry is a waste of valuable time and money resources. Join the Real Estate industry and reap the benefits like everyone else within the industry. Performers will be REWARDED, and Non-Performers are forced to step aside in short order.

Capitalism is a wonderful thing.

#275 Cici on 03.06.14 at 1:49 pm

Oh, and on the last point…Tenth death in six weeks in the global financial services sector

Read more: http://www.dailymail.co.uk/news/article-2573863/Bitcoin-exchange-CEO-dead-home-suspected-suicide-age-28.html

#276 BCD (D for Dealtor) on 03.06.14 at 1:51 pm

#120 YVR on 03.05.14 at 10:19 pm

When Walmart takes unskilled workers and puts them in a useless non value adding position they call them associates. How about Real Estate Associates? Or would you get sued by Walmart for insulting their greeters?
_____________________________________________

Your suggestion that the people that work at Walmart are somehow “substandard” or engaged in “meaningless work” is offensive to me.

Everyone I meet during my day serves an important function. . .from the barista serving coffee to the Walmart employee ringing through my lunch items for the day. I value these people and they are among some of the hardest working folks I know–many have been unlucky or are too honest to shamelessly self promote themselves.

Sorry if you feel you are slumming with the great unwashed when you go to Walmart. I guess when you were born with that silver spoon in your mouth it also came with a great big dollop of FOOL.

#277 Bottoms_Up on 03.06.14 at 1:51 pm

The disclaimer required in the reported statistics that is missing is thus:

“2.1% increase in sales, by comparing completed and pending sales from Feb. 2013, with completed sales Feb. 2012.”

And if the CREA doesn’t want to point out how they derived their statistics, then the onus would be on the MSM and REPORTERS to report these details.

#278 Bottoms_Up on 03.06.14 at 1:53 pm

#254 Kootenay Ma on 03.06.14 at 12:13 pm
———————————————–
LOL good one. CREAltors should be it.

#279 angela on 03.06.14 at 1:57 pm

Staples Celebrates The Recovery With 225 Store Closures, Sales Plunge

#280 Bottoms_Up on 03.06.14 at 1:57 pm

#86 Cici on 03.05.14 at 9:28 pm
————————————–
You really think Garth is sweating it? A former MP in Harper’s cabinet? A dark knight of the condo pumping roundtable?

The letter probably made him feel all gooey and tickly inside.

#281 BCD (D for Dealtor) on 03.06.14 at 1:58 pm

In fact. . .the comments on this blog today are completely classless, and I’ve had enough today. I get that you are angry at the Realtors Garth, but do you think it was wise to open them up to the scorn of all the small minds on here? These people are trying to get by like everyone else. You can say they lie for a living if it makes you feel better—but people often accuse lawyers and financial advisors of being liars and charlatans as well.

The small minded insults and intolerant attitudes exhibited on this blog today are exactly the reason I DON’T come here.

I have often encouraged the use of real estate agents, many of whom are extraordinarily professional. — Garth

#282 dE on 03.06.14 at 2:02 pm

REAPER: a person or machine that harvests a crop. Close enough phonetically, cold-blooded enough, and we all know who the crop is. No real need to prefix with “GRIM”…

#283 happity on 03.06.14 at 2:14 pm

Fed’s Fisher Admits Stocks Are At “Eye-Popping Levels”

What does the fed know? The USA is in the midst of an economic renaissance for Petes sake

#284 Old Man on 03.06.14 at 2:25 pm

I find this all so amusing as cannot locate the mark of the beast on my keyboard. It appears that CREA needs to discipline their own membership for using the secret symbol on the blog. They are pointing the figure at the wrong people, and suggest a class action lawsuit might be in order against CREA for defaming the good name of this blog.

#285 jess on 03.06.14 at 2:35 pm

parasitic pests on a transactional process

follow the bribes!
http://www.taxjustice.net/2014/03/05/graces-story-schoolgirl-world-corruption/

rent a judge

http://www.taxjustice.net/2014/03/05/renting-judges-secret-rulings-delaware/

#286 airhead princess on 03.06.14 at 2:54 pm

DELETED

#287 bdy sktrn on 03.06.14 at 2:55 pm

#272 BCD (D for Dealtor) on 03.06.14 at 1:58 pm
In fact. . .the comments on this blog today are completely classless, and I’ve had enough today.
———————————————-
agreed.

don’t like’em? don’t use’em.
the name calling is rather weak/childish.

keep to the facts/numbers.

#288 Big M on 03.06.14 at 2:58 pm

DELETED

#289 Daisy Mae on 03.06.14 at 2:59 pm

“So last February 5,759 properties sold. This February 5,731 changed hands. That is not a 2.1% increase, but a half-point decrease.”

*********************

This is so funny! LOL All those CREA idiots have done is awaken a sleeping giant. NOW, they’re gonna get it!

#290 Nemesis on 03.06.14 at 3:01 pm

#QuoteOfTheDay #CPPCZen

“Our investigation showed the price cut was a one-off phenomenon. All those houses were immediately bought out by frenzied investors.” – Deputy Housing Minister Qi Ji @ Chinese People’s Political Consultative Conference

[SCMP] – Why Premier Li Keqiang avoided property price pledges in work report

…”Li Jingguo, a property researcher with the Chinese Academy of Social Sciences, said the central government appeared to be on the right track. “The huge difference from city to city requires the government to adopt different policies for different cities,” he said.

But others accused Li of sidestepping the issue to avoid a property market downturn and allow local governments to continue to squeeze revenue from land sales. “Bubbles have built up in Chinese property markets and government intervention is absolutely necessary,” said Yuan Gangming, a research fellow at Tsinghua University’s Centre for China in the World Economy.
Bubbles have built up … and government intervention is necessary,” said
Yuan Gangming, economic expert

“Li did nothing because he needs fiscal income generated by land sales. This will prompt the further rise of the property market,” Yuan said. “He might be making an even bigger mistake than his predecessor.”…

http://www.scmp.com/news/china/article/1442168/why-premier-li-keqiang-avoided-property-price-pledges-work-report

#BonusZen

SoundFamiliar?

http://youtu.be/AyenRCJ_4Ww

…now see how that story actually ends…

http://youtu.be/JnN-SR_2ovA

#291 Harry Wilson on 03.06.14 at 3:14 pm

A few commenters have mentioned that today’s exercise in wordplay is unnecessarily cruel. I don’t believe that too many people here are targeting the individuals that move real estate, but rather the weak jab that crea has thrown at a media outlet that does not toe the line. They made their move, and we show them several hundred counter-moves.

It is a hallmark of megalomaniacs that they become paranoid, and when that happens, the thing that they seek most is control. While I understand and respect your feelings on the matter and the methods, I’m happy to be part of the group letting them know that public opinion can’t always be counted on to just roll over.

———————————————————

On a completely unrelated note, does anyone find it odd or newsworthy that RBC is now offering 25 year mortgages on its website, or has this been going on all along? I’m not a house-buyer, so perhaps I just never noticed.

http://www.rbcroyalbank.com/mortgages/mortgage-rates.html

#292 Debtfree on 03.06.14 at 3:16 pm

Reeltor(s)

#293 givemeabreakplease on 03.06.14 at 3:20 pm

“You can say they lie for a living if it makes you feel better—but people often accuse lawyers and financial advisors of being liars and charlatans as well.”

Everyone lies, salespeople more than most.

When I think of real-estate agents I am bitter. The entire industry could be replaced by craigslist and a regulatory body that is entire funded from a much small commission of the sales price.

Everything about the way these transactions occur is out of date to the point of comedy. Buyers and sellers are sending Morse code messages to each other through intermediaries in an age of seamless, global, wireless communication.

Any rational dispassionate observer would conclude that current state of affairs is against the public interest and clearly designed to maintain a privileged monopoly.

No tears for ignorant realtors who can’t see further than their next commission.

#294 bill on 03.06.14 at 3:28 pm

for the want of a more scathing term realtor[s] will do nicely.
the word realtor seems to be destined for the same contempt for unscrupulous sales that was once reserved for ‘used car salesman’ .
like coke and kleenex it will enter the lexicon as another word for a ‘rip-off’ artist.
as for crea and treb: a hearty ‘deleted’ you.

#295 Daisy Mae on 03.06.14 at 3:29 pm

#277 BCD (D for Dealtor): “In fact. . .the comments on this blog today are completely classless, and I’ve had enough today.”

********************

Lighten up. It’s about time we had some fun….and if it’s at CREAs expense, quite simply they deserve it.

#296 Free at 55 on 03.06.14 at 3:30 pm

The whole housing fiasco in Canada is ultimately the fault of overeager buyers. If they paid attention to the logic that Garth exhorts, the market would settle down, prices would find their equilibrium, and the risk of residential property ownership would normalize. We can blame the realt**s, but actually, it’s just another case of caveat emptor (“buyer beware” – for those educated in the public school system).

#297 jess on 03.06.14 at 3:30 pm

who shot out the large transformers in california?and how long does a new one take to arrive from s. korea?

http://fecundstench.wordpress.com/2014/03/06/very-large-transformers/

#298 Daisy Mae on 03.06.14 at 3:35 pm

#284 Harry Wilson: “I don’t believe that too many people here are targeting the individuals that move real estate, but rather the weak jab that crea has thrown at a media outlet that does not toe the line….”

***************

Well said.

#299 monkey5672 on 03.06.14 at 3:49 pm

Let’s keep it short and weird … how about Raëltor? I like those dots about the e …

#300 jess on 03.06.14 at 3:52 pm

Staples
http://ca.finance.yahoo.com/q?s=SPLS

2008 netherlands filling?
http://www.dutchnews.nl/news/archives/2008/08/last_day_for_corporate_express.php

#301 Paul on 03.06.14 at 4:01 pm

I find it strange yesterday’s informative well written blog received 187 comments and today’s so far 284 comments. It just shows the level ————————- fill in the blank!

#302 airhead princess on 03.06.14 at 4:01 pm

#2 WATG…you said “Its embarrassing that we rank at the bottom of all OECD countries that also tax as much as we do. Especially with trillions of dollars of resource royalties. So again from yesterday….where the fudge do all those taxes go?”

The fact is that bridges get built with bond offerings…not tax dollars. 100% of the entire tax revenue goes to salaries and perks for civil servants.

#303 jess on 03.06.14 at 4:06 pm

Lawyer founded fake church to funnel money while saying he couldn’t pay sanctions, judge says (4 Mar 2014)

…the church of the latter day austrian economists lol

=
Ana Gomes, MEP letter

Brussels, February 28th 2014

Dear Elmar, Sharon and Juan Fernando,
Chairs of the AFET, ECON and LIBE Committees,
As you may know, Credit Suisse executives testified this week before the US Senate Permanent
Subcommittee on Investigations in a hearing over allegations of tax evasion. A report from the
subcommittee on Tuesday said that Credit Suisse made false claims in US visa applications,
conducted business with clients in secret elevators and shredded documents to help more than
22,000 American customers avoid US taxes. Credit Suisse is also alleged to have opened an office in
Zurich airport holding more than 10,000 US accounts under the code name SIO85, so that American
clients could fly in and access them easily. Lawmakers have accused the Swiss bank of helping
wealthy Americans avoid paying taxes on as much as $12 billion in assets held at the institution….read more

http://www.anagomes.eu/PublicDocs/38fcff1b-67f7-4066-bc48-ec9dde6c67bc.pdf

#304 Ralph Cramdown on 03.06.14 at 4:07 pm

#265 BCD (D for Dealtor) — “Costco gas at $1.27 a litre this morning. Wage freeze on in BC for gov’t workers. 10 years ago I was paying HALF this amount for petrol and HALF this amount for MANY groceries.”

But you weren’t.
http://www.statcan.gc.ca/pub/11-402-x/2010000/chap/ener/tbl/tbl03-eng.htm

http://www.neb-one.gc.ca/clf-nsi/rnrgynfmtn/prcng/cndnnrgprcngtrndfct2011/cndnnrgprcngtrndfct-eng.html

http://www.torontogasprices.com/retail_price_chart.aspx

#305 Sheila on 03.06.14 at 4:12 pm

The Ripsters or Recons

#306 Tim on 03.06.14 at 4:41 pm

A name for R? I’ve heard it called house porn so let’s call them “Property Pimps” or PP for short.

#307 New name on 03.06.14 at 4:47 pm

R34Lt0R

#308 New name on 03.06.14 at 4:49 pm

Or reverse the letters.
Rotlear

#309 Steven on 03.06.14 at 4:50 pm

Wanna know why people like me are critical of certain groups that promote and practice financial crimes, immorality or jacking up house prices?
I t is because it offends our sense of what is proper or it has caused harm to us and our interests in some way.
If the offended trouble makers don’t want criticism then don’t make trouble or cause harm to us or society as a whole. It really is quite simple.

#310 Panhead on 03.06.14 at 4:51 pm

Come on you guy’s … BPOE’s
(Best People On Earth) … gotta be.

#311 just a reader on 03.06.14 at 4:58 pm

#272

The problem is not what a single real estate agent does. The problem is what the real estate institutions do, the effect of their intentional misinformation, the way they practice their profession. they are playing with people’s lifetime finances… (do you see something more expensive than a house in the average Canadian household? or in the lifetime of anyone of us?)

IMHO, the line of guilty people comes in this order:

1st- buyers. in the end they are the ones buying, and pushing prices up with so much financial illiteracy, irresponsibility, shallowness, greed, stupidity, etc… (ownership is not a right, and should not be a goal in life nor a retirement strategy). nobody put a gun in the buyers head to make them sign.

2nd – government. they rule the country, they should do a better job in order to help Canadians with such a basic need as shelter. in addition the government is also getting a good load of money with higher prices (CMHC premiums, property taxes, land transfer taxes, new development taxes, land sold to developers, income tax from the whole industry, and a long etcetera…)

Real estate institutions and agents are next in line. They also have some of the blame.

#312 Adrian on 03.06.14 at 5:01 pm

Mortarmonger

#313 jan on 03.06.14 at 5:21 pm

DELETED

#314 jan on 03.06.14 at 5:24 pm

DELETED

#315 Penny Henny on 03.06.14 at 5:33 pm

hey smokey. good luck with the lawsuit.
http://news.nationalpost.com/2014/03/06/blackout-drunk-gambler-loses-500k-in-vegas-casino-loan-launches-lawsuit-against-casino/

#316 LTL_FTC on 03.06.14 at 5:33 pm

No one for House Traders (play on horse trader)?

http://en.wikipedia.org/wiki/Horse_trading

Reasonably accurate and mildly condescending.

#317 bob on 03.06.14 at 5:40 pm

Here’s a compilation of some of the top ones.

Realturds
UnRealtors
R
R*
Realtards
Faketors
Fauxtors
R.E.A.L.T.O.R.S. (as acryonym, e.g. Ridiculously Egregious Arrogant Liars Transmitting Opportunistically Redacted Statistics)
REP (real estate people/person)
SROTLAERS / ROTLAER (realtor backwards).. sound slike RottenLiar
Retaliator
realtors (english dictionary word)
realtor – used house salesperson, or used property salesperson
Surrealtor
Stealtor
Realtools
Realters
Crealtors

#318 BCD on 03.06.14 at 5:40 pm

#301 Ralph Cramdown on 03.06.14 at 4:07 pm
#265 BCD (D for Dealtor) — “Costco gas at $1.27 a litre this morning. Wage freeze on in BC for gov’t workers. 10 years ago I was paying HALF this amount for petrol and HALF this amount for MANY groceries.”

But you weren’t.
http://www.statcan.gc.ca/pub/11-402-x/2010000/chap/ener/tbl/tbl03-eng.htm
_____________________________________________

I was in Calgary 2003, 66 cents a litre. We can argue semantics here. . .or how many angels can dance around on the tip of a needle. . .but to do that is to miss the general point. If my wages would just keep up with the price of gas or chicken breast I’d be making 30% more easy.

#319 Hawk on 03.06.14 at 5:49 pm

Where the “1%” are vested:

http://www.zerohedge.com/news/2014-03-06/record-71-household-net-worth-financial-assets

#320 Son of Ponzi on 03.06.14 at 5:55 pm

Garth,
Your index finger must be hurting from hitting the delete button.
Peepal, give the guy a break. He just broke his angle.

#321 espressobob on 03.06.14 at 5:59 pm

#202 AK

I hope your business is successful! All those hours are a bitch and well worth it! Best of luck with that & the baby!

#322 EB on 03.06.14 at 6:05 pm

Anything too cutesy or pedantic gets tiresome after a while. I’d just suggest r——s or r******s or something like that.

#323 nubbers on 03.06.14 at 6:35 pm

Not so much into bashing agents. As a contractor I started off despising contract agents (sometimes aka ‘pimps’, but what does that make us?) Later I learned to understand their motivations and learned to work with them just fine. They have some nasty tactics at times, but these come about because us contractors don’t play fair either.

Agents of all kinds including estate agents or r******s, as you refer to them, are moulded by their circumstances and rules of the game. If you want different behaviour from them then you are going to have to sort it out with your politicians to vote in the right laws.

#324 Darryl on 03.06.14 at 6:56 pm

Reapers

#325 Humpty Dumpty on 03.06.14 at 7:04 pm

No one is listening because no one cares…

Rain forest dwellers accused Texaco, later acquired by Chevron, of intentionally dumping 18 billion gallons of toxic oil waste into the Ecuadorian Amazon between 1964 and 1992. The area around the Lago Agrio oil field has become infamous for its ecological problems, with the rainforest being virtually destroyed, and catastrophic levels of oil pollution in some areas. Environmental activists blamed the pollutants for continued contamination of the water supply and a 150% spike in cancer cases in the community and region.

http://rt.com/business/chevron-ecuador-judgment-corrupt-921/

#326 Old Man on 03.06.14 at 7:07 pm

#318 BCD – I pay nothing for car gasoline as line up my corporate targets on a weekly basis. Last weekend it was shoppers drugmart just a 5 minute drive down the street. Bought some 1/2 price deals and hooped them for $25.00; the savings went into the gas tank, but a few minutes away. I am waiting for midnight to see the weekend sales for my next victim nearby, as need some more gas in the tank.

#327 Smoking Man on 03.06.14 at 7:35 pm

#315 Penny Henny on 03.06.14 at 5:33 pmhttp://news.nationalpost.com/2014/03/06/blackout-drunk-gambler-loses-500k-in-vegas-casino-loan-launches-lawsuit-against-casino/

…..

Ha I’ve seen it all.. Regarding me when I play I dont drink, when I reach my target loss or win. I stop playing, the hammer the booze. Ear buds on…

Floating and flying while racking up my delete score on here.

#328 Paul W on 03.06.14 at 7:47 pm

Whatever you do, take the highroad. Stick to the facts. Leave nothing to chance. Hopefully some Pro Bono legal advice is available.

Keep going Garth, read your “pathetic” blog everyday…

#329 Daisy Mae on 03.06.14 at 7:58 pm

Cashtration (n.): The act of buying a house, which renders the subject financially impotent for an indefinite period of time.

#330 Alberta Guy on 03.06.14 at 8:12 pm

realt*r [email protected] ml$

problem solved

#331 Aggregator on 03.06.14 at 8:23 pm

Average small central London flat to cost £36m by 2050, investor predicts

You may think a shoebox-sized flat in central London costing more than £1m is an insane illustration of a property price bubble, but it could be the bargain of the century.

According to projections by one of the biggest investors in "prime" property in the capital, that average flat could fetch £36m by the middle of the century – if its predictions of 9%-a-year growth in prices become reality.

We've seen this type of hyper-optimism before at a time when credit spreads were razon thin, like now. And we've also seen how it ends when too many people (as Bernanke would put it) are overconfident in markets.

#332 TheCatFoodLady on 03.06.14 at 8:29 pm

Daisie mae – cashtration… love it. It so resonates as a concept for anyone that sinks everything into one asset class.

Garth – haven’t asked for a while; hope the healing process is proceeding on schedule. The way spring appears to be reluctant to appear, you may not miss much riding season.

I printed out your precis on taxation; handy for the younglings I help with taxes every year.

#333 Daisy Mae on 03.06.14 at 8:30 pm

#306 Tim: “A name for R? I’ve heard it called house porn so let’s call them “Property Pimps” or PP for short.”

********************

Now, THIS really had me laughing. ‘PP’? Perfect!

#334 Daisy Mae on 03.06.14 at 8:34 pm

#311 JustAReader: “…the government is also getting a good load of money with higher prices (CMHC premiums, property taxes, land transfer taxes, new development taxes, land sold to developers, income tax from the whole industry, and a long etcetera…)”

***************

And…this is precisely why the government does nothing.

#335 live within your means on 03.06.14 at 8:36 pm

#42 Freedom First on 03.05.14 at 8:15 pm

Message from Pink Floyd, who I am a fan of:

“Teachers, leave those kids alone”
……………………………

LOVE some of Pink Floyd’s music.

The other day I rec’d an email from an old GF in Mtl. (70 – few years older than). She finally sold her beautiful condo last yr. in downtown Mtl. A few old GF’s had a reunion at her place 2 yrs. ago. when I went to Mtl. She’s now renting one on Nun’s Island (where I lived in the early 70’s) & wondered whether she should continue renting or buy one. Guess what my recommendation was.

#336 Daisy Mae on 03.06.14 at 8:39 pm

#318 BCD: “If my wages would just keep up with the price of gas or chicken breast I’d be making 30% more easy.”

*****************

And so we continue to cut back, and cut back some more….and everyone suffers from what is ultimately, greed.

#337 big hat no capital gain on 03.06.14 at 9:01 pm

realticks
real debt agents
debt slingers

#338 Future Expatriate on 03.07.14 at 12:38 am

How does “housepimp” grab you?

#339 mythbuster on 03.07.14 at 1:28 am

Garth: For ‘r’ use ‘ReFloggers’. And trademark it for the protection of your rights for free speech!

#340 Jonah on 03.07.14 at 1:58 am

It is a good thing that people that don’t know the reality about Realtor being a trademark would realize that how trademarks can be used to bring “unreal” facts, figures and stats to pump up the real estate.

#341 KG on 03.08.14 at 12:07 am

FUNY – Foolish Unscrupulous No-use Yo-yo’s.