Comparing Honey Crisps to Braeburns One of the more quizzical looks Realtors get is when they (try to) explain to a prospective home Seller that their neighbor’s house isn’t a “Comp” (Comparable Sold Property). In plain English: it isn’t relevant ” at least directly ” for pricing their home. For the uninitiated, a Comp is one of the...Read More
Financial, Psychological Toll OK, so there’s no actual weight or carrying involved (unlike furniture moving, which I once did). But, veteran Realtors know — and newbie’s will find out — that it’s burdensome to represent homes that linger on the market. While median-priced Twin Cities homes (now around $265k) are still selling (too?) quickly, the expected...Read More
A River Runs Through It (Diagonally) Quick! Test your knowledge of Minneapolis’ quirky geography (or at least, quirky neighborhood names), and see if you know which of the following are real terms, used by the locals . . . and which aren’t: A. “North Minneapolis” B. “South Minneapolis” C. “West Minneapolis” D. “East Minneapolis” E....Read More
Era of “Supertall” Buildings . . . & Packaging People commonly think inflation means paying more for the same amount. But, paying the same price for a smaller amount also qualifies as inflation. In the last year, I’ve noticed everything from cereal to orange juice to Murphy’s Oil(!) being packaged in ever more svelte containers....Read More
Winter 2018-2019: Twin Cities Goes From Bare Ground to +6′ Snow Banks in a Few Weeks [Editor’s Note: Seller liability for ice dams and other home issues is case-specific, and affected by local and state law. For legal advice, please contact an attorney.] At least until a few weeks ago, it looked like the Twin...Read More
Realtor Bragging Rights Professionals who are coached from Day #1 in the business never to be “secret agents” can hardly be expected to be shy when they receive a sales honor. Especially one as meaningful and hard-earned as an Edina Realty “Circle” award, handed out annually to the company’s top agents (mine is pictured above). “Birds...Read More
