Clarkhoward Home

Mon-Fri 1-4pm ET
Stations near you | help

Video Minute Archives
Daily Audio Archives
Rip-off Alerts
Call of the Week

Today's Show Notes
Previous Show Notes
Clark's Greatest Hits
Free and Cheap

Ask Team Clark
Call 10am-7pm ET
(404) 892-8227

Member Center
Blogs
Newsletters
Message boards
Meet the Team

Appearances
Books
Photos
TV
Talk to Clark 1-4pm ET:
(877) 87-CLARK or
(404) 872-0750

Advertisement
Ask Clark  Looking for something on the site? Search for it here!  Also see Clark's Greatest Hits
help
Wednesday, July 23, 2008Other Dates

Websites/phone numbers mentioned:

HomeSales.gov - Find foreclosures online
EmailForeclosures.com - Find foreclosures online
InsideTrip.com - Compare the flying experience across multiple airlines
EvaluateLifeInsurance.org - Estimates "true" investment returns on any cash value life insurance policy or call 603 224 2805

Today's show featured "Best Of Clark" repeats from recent shows

Oddball pricing strategy works in down real estate market

Selling a house is a turbo-challenge right now. Clark's mom recently put her condo on the market, and they discovered that figuring out price point was the most difficult part. Everyone's perplexed by that question these days. Figuring out price point is more of an art than a science.

Here's some advice: Don't look at comps from a year or 2 ago; look at today's comps when you price your home. Know that if you overprice, you'll likely get less in the end than those who price realistically upfront. You lose your initial marketing thrust when you overprice upfront. Listing your home at a realistic price will lead to less angst; a shorter time on the market; and possibly a better price.

Clark and Christa have a mutual friend who was selling her home last year. Clark advised the friend to price her home at a totally oddball figure, something that ended in $XXX,552.27, for example. Everyone laughed at him at the time.

Now financial writer Jonathan Clements reveals this pricing strategy actually works. When you throw out an oddball figure, people think 2 things: First, that it's a bargain. Second, that's there is carefully thought out reason behind it.

But whatever you do, do not overprice your home!

Do clean bathrooms make for successful companies?

What are the bathrooms like where you work? They used to be disgusting at the studio where Clark records. It got to the point that he had to speak to the head of facilities management. Now they're much cleaner.

Years ago, Clark told the story of a Wall St. stock analyst who liked to visit the companies he invests his clients' money in. He got in the habit of routinely using the bathroom at the companies. If the toilet was filthy, he would cancel his appointment and pull all financial support. This stock analyst knew that if the bathroom was filthy, the employees were not valued -- and that speak volumes about the company's chances of long-term success.

The same holds true with reserved parking spots for upper management at a company. Priority parking tells the little guy that he doesn't count, and that doesn't make employees feel valued.

Now The Chicago Tribune reports that employees get fired up when basics aren't being met at the workplace. 1 in 3 will actually quit over things like lousy bathrooms. After all, clean bathrooms are a basic in a developed country like ours.

Website offers new perspective on air travel

It's no secret that gripes about air travel are very common. But what if you could know fares and the quality of a flight before you booked?

That's the premise of a new website called InsideTrip.com. You can shop fares and learn about the load factor on flights, leg room, the age of the fleet, the rate of baggage loss and much more.

InsideTrip.com offers Consumer Reports-type rankings with a system of little circles and a numerical ranking. The consistent No. 1 airline seems to be Milwaukee-based Midwest Airlines. On the flip side, United Airlines is usually the worst. Little surprise there!

Solar energy popular in the mountain states

For those of you who have been giving Clark some heat over his support of nuclear power, this note's for you: There are now plants generating solar energy by using rotating mirrors to follow the sun's path. These plants are popular in the Mountain West where there's fantastic sunlight. In fact, the sun gets so intense that Clark's brother -- who lives south of Phoenix -- has to flee to San Diego for about a month every year!

The New York Times reports there are 2 of these mirror-equipped facilities already on the grid, while 8 more are in the planning or construction stages. It's good to know that there are new solutions on the supply side.

On the demand side, meanwhile, Americans now are using less fuel thanks to fuel-efficient vehicles. Clark recently got a question about whether it was smart to ditch a 4-year-old SUV and buy a new fuel-efficient vehicle. The answer is no, you must instead buy a 4-year-old used fuel-efficient vehicle. Remember, let somebody else take the hit on depreciation!


Advertisement


This week's poll
Which of these recent rip-off alerts shocked you the most?
Campuses taking kickbacks from health insurers.
AT&T settling a lawsuit over 3rd party billing charges.
Online loans coming with interest rates as high as 2,000%.
Scamsters pretending to collect funds for flood-relief charities.
All of the above.
None of the above.
see previous polls


Advertisement