General Announcement

December 11, 2007 by Lucas Lechuga

I just wanted to make everyone aware that I have been asked by my current brokers to remove all associations between my blog and their office. It was either that or censor my posts and the comments that are left by visitors to this blog. I never delete any comments (unless it is spam) even when people disagree with me wholeheartedly. These comments represent the opinions of the general public and I respect those opinions. However, I respect my brokers’ decision and we have agreed to disagree and part ways.

In the coming days, I will be making a follow-up announcement which will disclose the new office that I have chosen. I think everyone will be pleased with this decision and the resultant features of this blog that will be added within the following weeks.

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60 Comments on "General Announcement"


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Anonymous
8 years 9 months ago

Wow, Lucas-
Well I’m sure wherever you go they will appreciate you more.

Good luck!

Anonymous
simon
8 years 9 months ago

donald trump said :never give up,it is a key to my success .your truthful comments and reporting are the best of any miami broker.

Anonymous
perez
8 years 9 months ago

Good Decision. Your untainted analysis and disclosure makes you stand out among your peers, and brings you publicity and a level of trust other agents should envy.

Anonymous
ignacio
8 years 9 months ago

I agree with Perez, if I need a realtor, or anybody I know needs one I will for sure give them your contact and give the best references. Even when we have never met I totally trust your jugdement in any real estate transaction.

They are the one that think that if nobody talks about the market will get better, naive people

Anonymous
cyrus
8 years 9 months ago

what a loss for them! your candid comments about market reality is what sets you apart … terrible loss for your old firm. when i am ready to buy, i am calling you and no one else. the sales business is tricky … either you’re honest and forthright and build up a proper business or you’re a charlatan. aparently they don’t understand this. best of luck!

Anonymous
pedro
8 years 9 months ago

I’ve always loved your blog. But was surprised when I started seeing your broker post comments in reaction to your reader’s post. I found it completely unethical. And given your integrity, I was surprised you allowed it. For those interested, the broker posts under “tom or thomas”.
Keep on fighting, and good luck with your new company.

Anonymous
rrsafety
8 years 9 months ago
Your blog is the future and you’ve made the correct decision. I have read other blogs by agents and they are obviously “good news only” blogs that are basically fraudulent. This blog, on the other hand, seeks to find nuggets of truth in the market and when people disagree with you, they are free to express that in the comments section. I think your broker’s office is making a mistake, but that is one they’ll have to deal with. Should I be in the market for real estate in your area, I wouldn’t think twice to use you or to… Read more »
Anonymous
8 years 9 months ago

We just hope you keep your blog. You are the the top entry for “miami condo investment” in google right now, IMHO that is the best PR ever!

Just do not take too long before the next post :)

Anonymous
8 years 9 months ago

Out of curiosity, can you post the name of your broker?

Anonymous
Hisham
8 years 9 months ago

Hi Lucas, I follow your blog on a daily basis from Beirut, Lebanon! I very much enjoy the inside information I get on the Miami market. Keep the good work and make sure you tell us about your new blog address and contact. Thanks and good luck

Anonymous
rrsafety
8 years 9 months ago

BTW, I disagree with Pedro above. If Lucas’ broker wants to post here with an opinion, the more the merrier. You might think they have a vested interest in keeping the market up, but there are a number of posters here who like to talk the market down. Everyone should have their say…. (even stealth brokers)…

Anonymous
pedro
8 years 9 months ago

rrsafety,
I agree the broker can post his comments here. But he should not call people with different views than his “hacks”….

Anonymous
8 years 9 months ago

Hisham – The blog address will remain the same. The blog belongs to me so I can take it with me to whichever office I join. Same thing goes with my email address.

Thank you for all of the feedback everyone!

Anonymous
8 years 9 months ago
For anyone who is interested, all you have to do is look at past posts of Lucas’ to see who we are. We are not hiding, nor do we believe that only one opinion is important. Lucas focuses his posts on investors and our business model is based on helping sellers. Unfortunately sometimes those models are at odds from a marketing perspective. We will continue to follow what Lucas posts, becuase it is usually very realistic. We just believe that if you are going to market a customer’s property for sale, then you have to believe in it to do… Read more »
Anonymous
brett
8 years 9 months ago

Their lose.
Too bad, I guess they don’t want to hear what the reality of market conditions that exist. I really appreciate the honesty of what you have to say.
New York

Anonymous

[…] move to another brokerage after his broker wanted to play censor. As I understand it, the split was amicable. A win for both sides I suppose. But, I would add that Lucas appears to be an above average real […]

Anonymous
8 years 9 months ago

Lucas – congrats on a bold decision and following your gut. I am sure you will be happy you did when you look back on this time years from now.

Jared

Anonymous
ana
8 years 9 months ago

i think this is a very informative blog and i as a possible investor can make intelligent decisions. the on slaught of the sub prime and housing market crisis is that both mortgage brokers and developers along with banks got greedy and showed no ethics (not all but many). Pride cometh before a fall. shame on those brokers for not seeing that and those that continue to do so.

Anonymous
laura
8 years 9 months ago

good luck with your decision. I appreciate your blog very much

Anonymous
Brian
8 years 9 months ago

Good luck..its probably for the best.

Put it this way…I’ve never ever heard of Real Living Properties. But I have heard of Lucas Lechuga.

Anonymous
rrsafety
8 years 9 months ago

Thanks to Tom Grimshaw for chiming in. Hope he continues to post here. The more perspectives we have, the better.

Anonymous
Dave
8 years 9 months ago

Looking forward to the continuation of a very informative blog. Good luck Lucas!

Anonymous
JR
8 years 9 months ago

Not an easy decision, but the correct one for sure.
Well done.

Anonymous
8 years 9 months ago

My brokers and I have left on good terms. They have a different vision for the Real Living brand and I wish them well.

I decided last night which office I will join. I just need to complete the paperwork and submit it to their office.

Anonymous
joma3700
8 years 9 months ago

Lucas, get your broker’s license and open your own company. Why reward another broker with your hard work. Your customers will follow you. Good luck.

Anonymous
BB
8 years 9 months ago
I’d like to echo some of the previous comments. There are lots of real estate agent blogs on the internet. This is one of the very few that I check regularly. The realistic and fact-based approach to the Miami condo market is what drew in many of your readers, including me, in the first place. You come across as more trustworthy than most of the cheerleader-type salesman who take the “slash-and-burn” approach to real estate sales (like telling buyers anything to make a sale). I think that the straight-shooting agents will attract many more clients and make a lot more… Read more »
Anonymous
Rosemarie
8 years 9 months ago

Their loss…..Good Luck in your new office!

Anonymous
8 years 9 months ago

Joma,

I may get my brokers license just to have it but I have zero intention of ever opening my own office. Too many headaches! I want to work with buyers and sellers, not manage an office full of Realtors. The commission that an office earns off of me is well worth it in my opinion.

Anonymous
8 years 9 months ago
Do I have to file a lawsuit to recover my Condominium or Preconstruction Deposit? When considering your options in a contract dispute with a Florida Real Estate Developer, remember, filing a lawsuit is the last and most costly option. The Real Estate Attorneys at Deposit Recovery Services are working hard to forge productive relationships between investors and developers. We never take a “Sue” first approach. We find that litigation is a last resort, one which we employ only after all attempts at negotiations fail. We are here to help you resolve your issues, not collect court enforced legal fees. As… Read more »
Anonymous
8 years 9 months ago

Lucas, I follow your blog on a daily basis from Ottawa, Canada. I do that for a good reason: I am planning to buy a Condo in Miami and I am informed by and impressed with your analysis.

You have the best Miami real estate blog on the internet.

I look forward to more critical analysis to help me make a good decision.

Anonymous
stephen
8 years 9 months ago

Good for you . You will do well wherever you go. Your old bosses can you know what to you know where.

Anonymous
8 years 9 months ago
Wow! I know that I make a lot of negative comments about the properties listed because I have a blog about the housing bubble and crash, so of course, I see the market from a more pessimistic viewpoint. That being said, Lucas is the closest you will find to an ” honest realtor “. Which is why I enjoy this blog so much because even though he is in the business to make money from real estate he will still admit to when a unit is overpriced. Lucas, leaving your job in order to preserve the quality of your blog… Read more »
Anonymous
8 years 9 months ago

BTW Lucas,

When Condo prices in Miami do fall to 150 a sq foot, I will be buying one, and you will be the Realtor I use.

Anonymous
8 years 9 months ago
Thank you Chris for your valued feedback. I read Chris’ blog periodically and enjoy his insight and humor on the current real estate market. As he pointed out, he does have a more pessimistic view of the market but I enjoy his opinions and comments nonetheless. I doubt that he’ll ever be buying a condo through me, however, because I don’t think newly constructed condos in Miami will ever fall to $150 per square foot to end-users unless he’s looking to buy in Hialeah. Bulk buyers may be able to buy at $150 psf, in some areas of Miami, but… Read more »
Anonymous
Antonio
8 years 9 months ago
Glad to hear you are sticking with your gut. This is one of the only blogs I follow.. Why? Because it really talks about what is going on. I think the media down here is sugar coating everything. I think nothing will be resolved until people really know what is going on. I am a computer programmer who survived the dot.com bust. It wasn’t pretty, and for everyone who said the real estate boom wasn’t like the dot.com boom is dead wrong. Best of luck.. Your analysis is the best information I have seen so far as to what is… Read more »
Anonymous
8 years 9 months ago

Antonio – I’m just a street-level guy reporting it as I see it. However, I don’t think much of the media is sugar-coating it. In fact, many Realtors have been upset lately that the media has been too pessimistic about the market. I guess it all depends on what you’re reading though. Like I said, I’m just reporting the market like I see it from the perspective of an agent on the street.

Anonymous
8 years 9 months ago

Honesty always wins out in the end! As you can
notice from the thoughts of the previous
responders.

Anonymous
8 years 9 months ago
By the way, I was hoping to wait until tomorrow to reveal which office I decided to hang my license with but the information was leaked Tuesday afternoon to the Sellsius Blog (http://blog.sellsiusrealestate.com/). Yes, it is true that I will be joining EWM but it is not true that I’ll be joining their Miami Beach office. I concentrate mainly on Brickell, Brickell Key, Park West and the Downtown areas of Miami. I do some business in Miami Beach but concentrate mainly on the aforementioned areas. Instead, I’ll be joining the newly opened EWM Brickell office located in Mary Brickell Village.… Read more »
Anonymous
llafata
8 years 9 months ago

Lucas, I find your blogs to be highly insightful, honest and “spot on.” For your broker to censor your blog AND take a percentage is too much. We need more honesty and less Big Brother!!! Good luck in your new office, can’t wait to hear about your future successes!

Anonymous
8 years 9 months ago
Lucas: Congratulations on your move to EWM and I join the chorus as to your honesty and wisdom. I can’t agree with Thomas that your views are antithetical to a seller’s RE firm. Sellers need to know when times are good AND bad, if they are going to make rational decisions of how best to sell. I have bought and sold many homes over my lifetime in good and bad markets. In each case, a realistic broker that told me the truth and not the usual stock lines was my best ally! I am sure you will be a success… Read more »
Anonymous
Julio Bonilla
8 years 9 months ago

Good Luck Lucas. Love your blog and will continue to follow it regardless.

Anonymous
JM
8 years 9 months ago

Lucas, I’m sure it won’t affect your business in the slightest. Good luck at the new office. It sounds like a good idea for you to part ways if Real Living is focused on sellers and you’re more of a buyer’s broker.

Anonymous
8 years 9 months ago

Good Luck Lucas! I’m sure EWM will provide great support to you. But you should have joined their beach office. That’s where I started my career.

Anonymous
8 years 9 months ago

Thanks Samir. The beach office definitely has the big guns in this industry but the Brickell office was the logical choice for me because I primarily focus on the Miami side of the causeway. The Brickell office is newly opened and it will take some time for it to become a powerhouse but I think its location makes it inevitable that it will become that very soon.

Anonymous
Steve
8 years 9 months ago

Lucas,

I must say I will never do business with a broker that censors its agent’s honest comments. Real estate is all about “the good, the bad and the ugly.” You are a rare and true buyer’s agent and it is their significant loss. I look forward to your insight and establishment with a far more enlightened broker.
Steve

Anonymous
Sylvia
8 years 9 months ago

I can agree with all the comments made above about your honesty and integrity, which equal character. Speaking the truth and not being afraid will continure to open doors for you. When I’m ready to buy I will surely look you up.
Blessings to you at your new job. I hope they realize who they are getting.

Anonymous
8 years 9 months ago
Lucas – what you failed to disclose to all of your loyal fans is that we did not ask you to censor your blog or the comments. It’s a very simple equation that EWM and any other Broker where you hang your license will also wrestle with. How does a Realtor whose opinion is a continued market delcine make a living? Your insistence you the truth is what made you popular and it is why I always follow your blog. We have never had an issue with the truth. We learned about integrity at EWM ourselves. The point is only… Read more »
Anonymous
Blanca
8 years 9 months ago

Hola Lucas,

Your reputation is your honor where a price tag cannot be attached, honesty is the best policy. Best of luck.

Anonymous
Jurgen
8 years 9 months ago
Lucas, at a time, when most every other broker or realtor in Miami still pretends that the market is moving along just fine, I find your blog to be the only one that really provides interesting and realistic information. I watched the German real estate market melt down in 2000 – 2002. After a boom in 1996-1998 with plenty of overbuilding, the market, in a first phase, started to freeze. An alliance of developers, bankers and realtors still pretended everything was working out just fine. After three years and sales having come to a complete halt, the market went down… Read more »
Anonymous
8 years 9 months ago

Lucas – best of luck with you! Going through what you have gone through is not easy and you did it with finesse and made and made the rest of us, “Miami Realtors” proud.

I’m sure you will do great in whichever office you choose. It’s all about you and which broker can respect that.

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