Area Agent Driving Buyers Away???

Area Agent Driving Buyers Away???

Posted in the Columbia Forum

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Concerned Citizen

Waterloo, IL

#1 Apr 7, 2010
I just read the "Where to Live Now" edition of St Louis magazine and I am livid! Local Realtor, Tammy Hines, is quoted as saying that the "influx from St Louis to Columbia has finally slowed due to the SHOCK of our property taxes!" Seriously? You said this to a MISSOURI publication? Why not just put a sign on the bridge saying- "Don't buy here! Our cost of living is WAY too high!" Thanks for making a tough market tougher! I really appreciate the help selling my house to Missouri buyers-I'm sure this will REALLY improve my chances. Jerk.
TammysNotBright

San Ysidro, CA

#2 Apr 7, 2010
Concerned Citizen wrote:
I just read the "Where to Live Now" edition of St Louis magazine and I am livid! Local Realtor, Tammy Hines, is quoted as saying that the "influx from St Louis to Columbia has finally slowed due to the SHOCK of our property taxes!" Seriously? You said this to a MISSOURI publication? Why not just put a sign on the bridge saying- "Don't buy here! Our cost of living is WAY too high!" Thanks for making a tough market tougher! I really appreciate the help selling my house to Missouri buyers-I'm sure this will REALLY improve my chances. Jerk.
I cannot believe she did that. What she forgets (because she's not very smart I suspect) is that the personal property taxes on cars, boats, trailers etc absorb some of that cost difference. Then there is the BIG ONE of MO having a 6% income tax vs. IL having a 3% state income tax. That means for my $200K income I pay an "extra" $6,000 in state income tax lving in MO vs. what I would pay if I lived in IL. In addition, I then have about $1,000 in personal property tax too that I owe in MO that I would not pay if I lived in IL. So even with lower property taxes in MO I am still personally out about $4,000 a year more by living in MO instead of IL. If you are considering living in one state or the other a true comparison needs to look at one's family income and the associated taxes on that to determine if there is a benefit of living in one state vs. the other and the items that would be effected by personal property taxes.

I just decided that I would NEVER use the bimbo because if she hasn't figured that one out and real estate is her occupation which means knowing the entire picture then she reallly does suck as a realtor.
Jay

Millstadt, IL

#3 Apr 7, 2010
Regardless of the reasons...thanks for being a crappy ambassador for us!
columbiadad2

Saint Louis, MO

#4 Apr 7, 2010
I subscribe to st louis magazine too and saw the same quote... you would think someone who has a vested interest in local home sales would do more to promote our community...extremely dissappointed to see that written about Columbia... she should of done more to quote our quality of living... bad decision to say something like that
really

Wentzville, MO

#5 Apr 7, 2010
it's a sad, sad day when stupidity gets published.
We can all hope the buyers are smarter than her.
123breezy123

Waterloo, IL

#6 Apr 8, 2010
That is probably why tammy is no longer top dog. She thinks her face is what everyone wants to see but doesn't worry about what comes out of her mouth. Her ego can't buy her success in this market so blame the taxes. Hopefully people aren't going to give her stupid quote much credibility. Dumb move tammy.
Concerned Citizen

Waterloo, IL

#7 Apr 8, 2010
123breezy123 wrote:
That is probably why tammy is no longer top dog. She thinks her face is what everyone wants to see but doesn't worry about what comes out of her mouth. Her ego can't buy her success in this market so blame the taxes. Hopefully people aren't going to give her stupid quote much credibility. Dumb move tammy.
I'm glad so many people feel the same as me. I thought maybe I was just being crabby, but I just can't see how a so-called real estate professional could basically bad mouth her own town. I guess she can afford to be stupid, but as a seller in a tough market, I can't! I had actually considered listing with her at one point, but am thanking my lucky stars I chose an agent who actually thinks about ME as opposed to just getting her own name and face wherever she can with a complete disregard for how it affects her clients. If this is how she promotes her listings, I feel sorry for her sellers.
Dumb- Dumb -Dumb

Waterloo, IL

#8 Apr 8, 2010
I don't know why anyone would want to sabatage their career, by saying something so stupid. Are you builders noticing this incompetency?
just the facts

United States

#9 Apr 8, 2010
I'm not defending the statement. I agree it doesn't help what is already a declining market in Columbia. Houses in my subdivision are selling at 2/3 of the prices they sold for new 5-10 years ago. However, she is pretty much stating the facts. The outrageous taxes do drive away MO buyers and also cause much buyer remorse and moves back to MO after a few years.

I agree that if you are lucky enough to earn your money in IL, the high property taxes are somewhat balanced by the lower income tax. However, many Columbians work in MO and have to pay MO income income tax on every penny they earn. Some utilities are also higher in IL. Working in MO and living in Columbia is expensive, taxwise, plain and simple. Some don't mind paying a premium to live here, but many others do.
columbiadad2

Saint Louis, MO

#10 Apr 8, 2010
i work in missouri and understand what's being said by "just the facts", but at the end of the day, I think a lot of people are willing to pay a little extra to enjoy the quality of life our kids and families can. Everyone knows that "taxes" is a scary word for a lot of people right now and it just wasn't a good way for Tammy to bring new neighbors to our town. She may mean something totally different, but it sure came off shotty to me...
Concerned Citizen

Waterloo, IL

#11 Apr 8, 2010
just the facts wrote:
I'm not defending the statement. I agree it doesn't help what is already a declining market in Columbia. Houses in my subdivision are selling at 2/3 of the prices they sold for new 5-10 years ago. However, she is pretty much stating the facts. The outrageous taxes do drive away MO buyers and also cause much buyer remorse and moves back to MO after a few years.
I agree that if you are lucky enough to earn your money in IL, the high property taxes are somewhat balanced by the lower income tax. However, many Columbians work in MO and have to pay MO income income tax on every penny they earn. Some utilities are also higher in IL. Working in MO and living in Columbia is expensive, taxwise, plain and simple. Some don't mind paying a premium to live here, but many others do.
You know, I thought about that before posting, but my point is, I would hope an agent in the local market would refrain from pointing out the dfference in our taxes and be preaching the positives of our community when given the chance. I think this statement by Tammy just generates another objection from Missouri buyers, which results in a further decline in property values & number of buyers. I guess driving property values down is one way to help the cost of living here, but as a seller, it's certainly not a good thing for me or anyone else looking to sell. To me, it sounds like the statement was made to try and make herself sound smarter and it bit her in the rear end.
hmmm

Saint Louis, MO

#12 Apr 8, 2010
if my realtor did not inform me about the taxes, it would be the last time i used her or even recommended her. shes just being honest.
123breezy123

Waterloo, IL

#13 Apr 8, 2010
Duh - you tell your client about the taxes - point is you don't mention it in marketing. That is like a tanning company saying 'we noticed a drop in sales because we cause cancer'. Business 101.
columbiadad2

Saint Louis, MO

#14 Apr 8, 2010
123breezy123 could not have said it better!
Agreed

United States

#15 Apr 8, 2010
Well said 123Breezy!!! seriously, is she looking for someone to blame because she is not doing well????
hmmm

Saint Louis, MO

#16 Apr 8, 2010
heres a thought... instead of bitchin at her for tellin the truth, why not work to fix the problem?
Concerned Citizen

Waterloo, IL

#17 Apr 9, 2010
hmmm wrote:
heres a thought... instead of bitchin at her for tellin the truth, why not work to fix the problem?
I'm not debating whether or not it's true that our taxes are higher, but just pointing out that this attitude by a local agent is hurtful to property values in the area. My point is that if your an agent that is given the chance to talk about your community in a publication distributed to MISSOURI why not sing our praises instead of pointing out why you feel like your business has slowed? I know other agents who have increased their business in the area throught this tough market-I guess this attitude helps explain why she hasn't.

As far as fixing the "problem", taxes are a government controlled aspect of being a property owner. Our taxes are higher because our standard of living is higher, and I wouldn't change that for the world. Also, I'd rather pay a higher property tax than pay personal property tax on everything else I own.
hmmm

Saint Louis, MO

#18 Apr 9, 2010
its a shame taxes are government controlled...now if there was only some way of controlling who was running the government...maybe "elections" or something like that.

yeah, we do have a higher standard of living. secret cameras. the mayor controlls the entire local gov. our roads are crap. heroin use on the rise. serious drinking problems. excellent swamps; er; i mean schools.
Columbia Proud

Waterloo, IL

#19 Apr 9, 2010
hmmm wrote:
its a shame taxes are government controlled...now if there was only some way of controlling who was running the government...maybe "elections" or something like that.
yeah, we do have a higher standard of living. secret cameras. the mayor controlls the entire local gov. our roads are crap. heroin use on the rise. serious drinking problems. excellent swamps; er; i mean schools.
Geez, "Hmmm"...so why exactly do you choose to live in Columbia if it is such a horrible place full of drugs, poor roads, and swampish schools? There is truly no other place in the St. Louis metro area I would rather raise a child and I feel that Columbia schools are above average - not to mention they are safe and offer an enviroment conducive for learning and growing both intellectually and socially.

I have lived here for almost 30 years, and I have NEVER once seen evidence of heroin or any other hard-core narcotic...maybe you should pull yourself out of the "swamp" and try hanging with a better class of people...oh, wait...with your attitude...we wouldn't be interested in having you. I'm not saying there aren't people abusing heroin in this town. However, I doubt that it comprises a large number of people relative to those who are not using. I would also bet this group of users are probably not much worth mentioning to be honest nor have much of an impact upon the majority of our community.

At the end of the day, to stay focused on the topic at hand, I agree that not only agents, but all of us in town should be doing as much as possible to encourage families and other potentially desirable folks to be our new neighbors. Our taxes in Columbia are NOT that bad. To be honest...taxes in Dupo and Cahokia are MUCH higher...a 1500 sq foot tri-level in Dupo with a value around $120,000 has taxes at $4,800 a year. As a matter of fact, Ms. Hines has a home for sale in Dupo for $124,900 that is a bi-level with taxes at $3561 a year. I guarantee none of us in Columbia are paying taxes at those rates and we have much better schools, roads, etc. Just food for thought.
hmmm

Saint Louis, MO

#20 Apr 9, 2010
i like columbia. what i don't like are the two kinds of people i find here.
one type insists everything is rosy and its always worse somewhere else. the other type says its horrible and there is nothing we can do about it.
the truth is in the middle. columbia is a nice place, but it could be better. for instance, i like that the police have cameras in secret locations because it keeps the crooks guessing. what i don't like is not having written policies and guidelines about thier use.
i like having a mayor who is actually interested in the town. i don't like haveing a personal; kingdom for him where he gets to pick and choose who gets what job.

columbia is good, but can be better. unfortunately, every time i try to get some help fxing it i run into the above groups; the ostridge and the doomsdayer.

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