Name your price
By Matt Carter, Monday, June 16, 2008.Bookmarking Sites
The band Radiohead made history last year (or got lots of attention, anyway) by offering their album, "In Rainbows," for download over the Internet -- and letting the buyer name the price. About a third reportedly paid nothing, but the average price paid was £4, or about $8 today.
With that experiment in mind, how much would you pay for a 29-minute DVD that offers an "easy to follow, step by step program where you can stop foreclosure and return to current status on your mortgage without a new loan, and without bankruptcy." I'm willing to bet more than one-third of folks might say nothing. What if I were to tell you the price is a non-negotiable (but supposedly fully refundable) $199?
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Submitted by Brad Coy on June 16, 2008 - 2:01am.
>how much would you pay
WOW! the sites audio cartoon just woke up my whole household... with that said, probably nothing ;)
It does not speak to me. Then again I'm not on the ropes nor the targeted audience I suppose.
Radiohead -- arguably the #1 rock band in the world found themselves in the position (due to technology) to go forth without label nor distribution and do something revolutionary at a time when the music industry is hurting beyond belief. As a result they recieved more of my money for their art.
Art and commerce have long been troubled bedfellows.
If I were facing foreclosure, I sincerely think that dropping a refundable $199 to watch a DVD would not be the wise move. Then again plenty of folks will spend this evening watching infomercials and other fix-it quick solutions to financial and spiritual crisis' in their lives.
Brad Coy
Realtor/VP at San Francisco Real Estate Services
Submitted by Mike McCutcheon on June 16, 2008 - 9:02am.
Mike McCutcheon
I'm sure the authors will generate significant income off this. After all, look at all the folks who buy into to the Get Rich quick in Real Estate infomercials. Desperate time call for desparate measures and the are desperate times for thousands. Although virtually all of the information offered is available for free, we are the MTV 30 second attention span society, so who needs to work when they can spend a few hundred and get step-by-step directions to the poor house?
Submitted by Rick Belben on June 16, 2008 - 4:19pm.
Surely if it was that easy the answer would be all over the internet.
For people who are already in dire straits it seem like a way to get what little money they may have.
Rick Belben
Amerivest Realty of Central Florida
Orlando Real Estate
Orlando MLS
Submitted by Ned Carey on June 23, 2008 - 7:59pm.
If it works it's worth $199. If the information is bad, it's not worth anything.
I buy a lot of real estate investing courses. I am happy to pay a good price for quality stuff. Sadly most of what is out there is a sales pitch for the next level of program.
Ned Carey
http://baltimorerealestateinvestingblog.com/
Submitted by Joe Cline on July 5, 2008 - 7:39pm.
Better be some good stuff for 7 bux a minute. :) Seems like a video I could make in about 1 minute. It would be called, "Bring your mortgage current and stop foreclosure immediately."
Joe Cline
Spillman Ranch Austin Texas | Forest Ridge Real Estate