Broker BlogWrap: Lessons from the School of Hard Knocks

Broker BlogWrap is our tribute to the brokersphere. 'Cause we love you that much— we really do. Posts of note may be passed along accordingly.

1) It's sometimes tough but necessary to cut your losses in an erratic housing market. In the words of the great American philosopher, Kenny Rogers, "You got to know when to hold em, know when to fold em, Know when to walk away and know when to run." Especially when it gets personal. [SF Hotlist Blog]

2) Buyers, the market is swinging your way. So take some advice from that avuncular animated penny-pincher, Scrooge McDuck: "Work smarter, not harder." Sellers? take some advice from that avuncular animated pop-therapist, Dr. Phil: "Get real." [Luba's SF]

3) Gather 'round children to hear the spiel / of an ill-fated flip at One Rincon Hill. Take a few lessons from the School of Hard Knocks in the story of the most tragically eager flipper. Ever. [The Front Steps]

4) Studies find that Bay Area residents have some of the highest life expectancy rates in the country. So we implore all those thinking of buying a home somewhere else: "With stats like this, how can anyone afford not to live in the Bay Area? Think of the children!" [Burbed]