“Work to be Done by a Licensed Contractor” Usually, inspection issues are all about “what”: what is in disrepair; what documentation the Buyer has to substantiate any issues; and what the Buyer wants the Seller to do about it (fix it, or lower the selling price). But “who” can also be relevant — as in, “who...Read More
Second Bite at the Apple One of the cornerstones of a good home marketing campaign is exposure on Broker Tour. Held from 11 a.m. to 1 p.m. every Tuesday (at least in the Twin Cities), that’s when agents showcase their new listings to the Broker community, and other agents get to efficiently keep up with all the new inventory (and frequently, get a...Read More
Helpful Neighbors I’m not sure if neighbors lend each other cups of sugar anymore. But, when visitors to my open house today in Golden Valley slipped on the front steps, I knew I had to do something. So, I borrowed a cup of salt — the melting kind — from the next-door-neighbor (it helps if...Read More
Yields Down in Housing, Too Yield to a saver is how much interest they get on their savings. To an airline or hotel, it’s how much money they make from a given seat or room, respectively. So, what’s “yield” to a Realtor? It’s how many clients they need to be actively working with to net a prescribed number...Read More
Keeping Your (Price Cut) Powder Dry If a tree falls in a forest and no one is around to hear it, does it make a sound?” –Ancient Riddle If you have to take a price cut, when is the best time to do it? (See also, “Nurse, I Need a Price Reduction, Stat!”). Put it...Read More
Next Up: Resolving Fannie Mae, Freddie Mac Take a load off Fanny Take a load for free Take a load off Fanny And (and) (and) you can put the load right on me –Lyrics, “The Weight” With Quantitative Easing 2.0 playing out now, what’s next up for Congress and the President, economy-wise? Resolving the financial...Read More
