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Tuesday, August 24, 2004 3:38:06 PM
if you hired someone to work on your house and they weren't performing up to your expectations, would you not fire them and hire somebody else or let them continue to do shoddy work until it was done?
We do not have the choice of firing the general contractor, we can only sell the house. If the work was not up to my standards, which resulted in the current market value of the home being depressed, but I felt the foundation was solid, the actual workers were excellent and the location was prime, then I would wait for home to be completed so I could sell it at its fair market value. Because I believe the intrinsic value of the home exceeds what the market is willing to pay today, it would be stupid to sell, in essence throwing the baby out with the bath water. So a rational person might choose not to sell and let it be known that he expects better leadership and performance. Especially in light of the generous amounts that have and are being paid and the incredible bonuses for even moderate success.
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