11 Quotes by Jim Marks

We were certainly surprised. It seems the worse it gets, the more people trade.

Multi-lender sites allow you to get a good look at the rate market. (Traditionally), it has taken a lot of time and effort to find out what rates are. You'd have to go to two or three different places and possibly even fill out an application each time.

For those three, there is a disconnect between what the market is willing to pay and what the companies think they are worth over the long haul.

We believe there is a place of value for the (traditional) broker. We don't see everything going on to the Internet, just about 20 to 30 percent.

We can't keep cutting maintenance of our buildings and still have programs. Things that they love have to go if they don't want to give us money.

With e-commerce, the challenge is always converting people from lookers to bookers. But in general, people are becoming more comfortable online, as systems become easier and quicker to use.

People retreat to the sidelines, licking their wounds. The whole process is not as attractive anymore.

There's a certain amount of people that probably got cleaned out and aren't coming back. There's nothing to entice them to come back, until the market does perform well.

At a right price, Ricketts would look to sell but that right price is closer to $20.