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housing market

“Valuted LR”

“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.” 
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Realtor Sales Secret

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...
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“OK, So Maybe It’s a LITTLE About the Money”

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”...
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Commission Confusion

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 ....
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Business Cliches 2011: Phrases I’m Sick Of

[Fill in Your Terms Here] Why is hail always the size of something else?” –George Carlin Here’s what’s on my list of hackneyed phrases that should disappear immediately: –“Soft patch,” “rough spell,” “bump in the road,”  “economic headwinds,” and all related synonyms –“Extended period of time” –“New Normal” –“Oversold” (as in, “stocks are now oversold...
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The Big Dig — St. Paul Version

Retail No-Man’s Land Count me amongst the Twin Citians that had no idea that the next leg of  the Twin Cities’ light rail system — the Central Corridor along University Ave. — was so far along. Traveling in the area this morning, I had expected to see a couple blocks under construction, with the attendant traffic snafus....
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