“Is That Like a Gorjus FR?” If it were a smart phone app, I’d chalk it up as just one more esoteric, must-have(?) piece of software to add to my (long) list. However, when the term pops up on an MLS listing, I’m pretty sure the agent meant to say . . . “Vaulted Living Room.” Read More
Winning the . . . Bronze Not every Buyer buys, nor does every Seller sell. Surprise, surprise. Circumstances can change, markets can change, priorities can change — and, let’s face it, so can people’s minds (all fine, as long as they haven’t signed a Purchase Agreement!). Consolation Prize: Referrals When that happens, the Realtor may...Read More
Fed Fall-Out — or, “Trying to Avoid Bubble Baths” Quick, which of the following is currently a bubble? A. Stocks B. Bonds C. Commodities D. Housing E. Commercial real estate F. Precious metals (gold, silver, etc. ) G. All of the above Answer: hell if I know. And judging from what I read these days ....Read More
Really, Really Liking Real Estate Want to know one of the worst-kept secrets in real estate sales? It helps to like real estate. “Duh,” right? But I wouldn’t be any good (or I’d be less good) selling cars, clothes, or . . . widgets, because I’m not “into” those things. By contrast, I have always...Read More
Mixed Messages Jay Leno has a regular bit, called “Headlines,” where he pokes fun at especially lame groaners and slip-up’s. In that spirit, I offer: “The Millionaire Real Estate Agent: It’s Not About the Money, It’s About Being the Best You Can Be.” Here’s a tip to the author: if it’s really “not about the money”...Read More
Awkward Legal Construction One of the more confusing parts of the standard Minnesota Buyer Rep agreement — the contract governing the relationship between a home Buyer and their Realtor — is the two-part section discussing compensation. The first part states that the Buyer will pay the agent a to-be-specified retainer fee. That sure would be nice ....Read More
