We have been trying out best to put out a great product and change the perception that “all” flippers only care about the bottom line and don’t do quality work.

Well, now you have crossed over from Egypt to the Promised Land, a place where a whole new world of opportunities is opened up, and where you will CONTINUE to see miracles and blessings if you keep walking in faith :-) Very perceptive :-)  Love that scripture and yes I was raised in the church....

Conversely, as a seller, you want to maximize price, regardless of your valuation.TakeawayThe best investors know that valuations should not be driven by emotions or by their perception of a competitor’s or seller’s value.

It does indicate that you perceived the person to be “crazy” and wanted to cancel the tour in response to that perception.  

Perception is not always going to line up with reality and just because someone "says" hedge funds are buying up everything and forcing prices higher or that inventory is thin does not mean that is the reality on the ground.Of course, I may be a little biased :-) but I say the same thing about a lot of other cities too where people say investing is over or too difficult to mess with anymore.

And don't forget that Zillow calculates value using an automated algorithm that will never replace human perception and local market knowledge.

The media likes to focus on the exceptions, but by doing so it radically skews the perception of decades of data that have been gathered on this.

Ten minutes of blaring sirens while the agent called first the police, then the owner to get the alarm code.

There's a lot going on in the subconscious of the average home buyer that impact their perceptions of a property, and if the news is blaring "avoid crowds, stay out of public places!"

Most REITs should not trade at huge premium and/or discount to NAV and when they do it is often a lot about perception about the future of that REIT or that RE market.