Category

housing market

Can Curb Appeal Be Quantified?

Three Quibbles A new study purports to put a number on the value of curb appeal: 7%. The study’s authors did that by analyzing Google Street View photos and sales data from 88,980 properties in the greater Denver area. Specifically, they performed these three steps: “The researchers manually scored a set of properties, grading 400 images...
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Realtor Compliments on Broker Tour

Realtor “Atta-Boy”: “Nice Listing!’ A new listing has a surprising number of parallels with the opening of a Broadway play. There’s the opening night anticipation. There are the hopes (and fears) about whether the audience (prospective Buyers) will like it. And there can be a sense of dread about what the toughest critics will have...
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Who Should the Listing Agent Meet at the Seller’s Home?

(Partial) Realtor Job Description 2020: Multiple Choice Test your knowledge of modern residential real estate practice, and answer the following multiple choice question: Q:  Who should the listing agent (representing the Seller) meet at the home? A. The appraiser working for the Buyer’s lender; B. The home inspector doing the city Truth-in-Sale-of-Housing (“TISH”) inspection; C. The...
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Oak — the “Chicken” of Hardwood Floors

Grain vs. Stain If you can’t identify a food you’ve never tasted before, the cliché answer is that it “tastes like chicken.” That’s usually safe, because, depending on how it’s prepared, chicken can taste like anything. Oak floors are a bit the same way (at least to my eye). “Tastes Like Chicken” I recently previewed a home...
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Listing Contract: “Seller’s Agent Will Not Also Represent Buyer”

Advice to Would-Be Home Sellers on Dual Agency: “Don’t” [Editor’s Note: The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway, or any other entity referenced. If you need legal advice, please consult an attorney.] If your prospective Realtor won’t agree to adding the clause above to...
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Winter Walk Shortcut

Thinking Outside the Box Inside the Circle I definitely prefer walking around Lake Calhoun in the summer-time. For one thing, the people watching is better ” there are more of them about, and, minus the bulky winter clothing, you can actually tell the genders apart. For another, you don’t have to worry about below zero...
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