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Housing Market Trends

Wow! 662 Closings . . . in One Year!!

Congrats to Edina Realty Title’s Richelle Pikala For a Realtor, closing 662 deals would be a breathtaking achievement over a 30-year career. So, that’ll give you an idea exactly how impressive it is to handle 662 sales, as a real estate closer, in just one calendar year. That 2018 production qualifies Richelle Pikala as Edina Realty...
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Realtor Prayer 2019

Passing on Overpriced Listings Everyone knows this famous passage from The Serenity Prayer: “God, grant me the serenity to accept the things I cannot change the courage to change the things I can and the wisdom to know the difference.” —Reinhold Niebuhr Here’s my version for listing agents (Realtors representing home sellers): “God, grant me...
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What’s For Sale . . . in St. Louis Park’s Fern Hill Neighborhood

A Fern Hill Primer — Plus, the Neighborhood’s Two Distinguishing Features There aren’t too many Twin Cities neighborhoods that include both 1950’s ramblers for $300k and — less than one mile away — custom, upper bracket Contemporaries with gorgeous views of Cedar Lake and the Downtown Minneapolis skyline commanding (well) north of $3 million. But,...
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And Repeat: “Never Negotiate Furniture,” “Never Negotiate Furniture. . .”

Novice Realtors Rush In Where Pro’s Fear to Tread “Never negotiate furniture.” “Never negotiate furniture.” “Never negotiate furniture.” “Never negotiate furniture.” Realtors who don’t know the above rule ” or forget it ” soon get the opportunity to (re)learn it. That’s because negotiating the sale of personal property, particularly furniture, can be more challenging than dealing...
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Things Real Buyers Say at Open Houses (and DON’T Say)

Qualifying Buyers #101 In the course of holding hundreds (thousands?) of Sunday open houses over the years, I can usually tell relatively quickly whether a given prospect is serious or not. See if you can guess which of the comments below indicate serious Buyer interest: A. “I LOVE this house.  Why is it so cheap?!?” B.  “What...
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How to Choose a Real Estate Broker in 2019

Why a Realtor Team May Not Be the Best Choice for Buyers “If you’re looking for a heart surgeon, no one says, ‘Oh, Dr. Smith is so nice. Go to him. He just got into the business.’ But, you hear that a lot in real estate.” –“Finding the Right Broker Can Be the Key to...
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