Doing Realtor Damage Control

Thanks to a Star Tribune story Tuesday chronicling a supposedly overheated Twin Cities housing market, crestfallen Buyers who repeatedly(!) came up short in damagemultiple offers this Summer, etc., etc., several thousand local agents had to take a chunk out of their busy schedules this week to do damage control with their anxious selling clients.

At least, selling clients whose homes are over $500k.

Realtor Reality Check

At that price point, the Twin Cities housing market is much more balanced; above $1 million in some parts of town, it’s actually a Buyer’s market now, not a Seller’s market.

Of course, none of that nuance made it into the Star Trib . . .

See also, “Star Tribune Makes Life Difficult for Twin Cities Realtors.  Again”; and “Star Trib:  ‘Twin Cities Housing Market Seen as Buyer’s Market as Sales Decline.

About the author

Ross Kaplan has 19+ years experience selling real estate all over the Twin Cities. He is also a 12-time consecutive "Super Real Estate Agent," as determined by Mpls. - St. Paul Magazine and Twin Cities Business Magazine. Prior to becoming a Realtor, Ross was an attorney (corporate law), CPA, and entrepreneur. He holds an economics degree from Stanford.

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