Management Rallies the Troops In keeping with the theme of this year’s annual meeting (“We Lead Because You Lead”), the opening sequence this morning consisted of a montage of Edina Realty agents — all 2,300 of us! (and yes, I caught a glimpse of myself). I don’t know if it was the catchy score, or the fact that I knew...Read More
Robbing Peter to Pay Paul Wall Street “THERE it is.” –“30 Rock” character Liz Lemon, upon identifying the inevitable flaw in each new, too-good-to-be-true suitor. Want a culprit for now-rising prices at the grocery store and gas pump? No, it’s not because of worldwide droughts and floods — headline-grabbing shortages in places like the Soviet Union are roughly...Read More
“Golden (Not So) Oldies” As a service to newcomers to this blog (and to jump start hits on the redesigned site), herewith is a “Top Ten” list of previous City Lakes Real Estate posts. Do a keyword search on any of the post titles (below), and you’ll see it pop up in the top 5 hits (or...Read More
You know that Minnesotans are having an old-fashioned winter when the latest multi-inch snowfall doesn’t even rate a mention on the news. Nor does anyone seem to know — or care — how much the latest storm is supposed to dump. Instead, when you ask someone if they’ve heard a forecast . . . all...Read More
Who says you don’t use anything from college? When I was an undergrad, there was a story circulating about a student in the previous section of Calculus 101 — an entry-level course with easily 400 students — who repeatedly ignored calls to turn in his final exam after time was called. Finally, as the Professor...Read More
30% Commissions!?! Where Do I Sign Up? How do you get to be the world’s second most valuable company? “Insanely great” products, to be sure. But also out-of this-world margins and fat commissions. Like 30% on every iTune it sells online. 30%! Full-service Realtors, who charge a measly 6%-7%, can only dream about such lush...Read More
