Category

housing market

"The Unrealistic Buyer": Top 10 Signs

Unrealistic Sellers Meet Their Match Their counterpart, the Unrealistic Seller, has received more ink and attention, but these days Unrealistic Buyers are just as numerous — and intractable. As a public service to would-be Home Sellers, herewith are my top ten signs that you may be dealing with an Unrealistic Buyer (any resemblance to real...
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Mill(stone) Rate

2011 Hennepin County Property Taxes Every time I think I’m a Democrat, they do something stupid. Every time I think I’m a Republican, they do something greedy. –Jay Leno What do you call proposing to steeply raise property taxes against a backdrop of weak home prices and an economy just emerging, maybe, from recession? How...
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How to Keep Hardwood Floors Uncovered

(Borrowed) Realtor Tools of the Trade The cobbler’s kids always goes barefoot. –Proverb The physical therapist’s husband’s back always aches. –Corollary Being married to a physical therapist doesn’t guaranty me free treatment for my achy back; on the contrary, that’s the last thing my wife is interested in doing after attending to patients all day....
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Serious Buyers: Top 10 Signs

“You Know One When You See One” [Editor’s note: this post is a companion to “Unserious Buyers: Top 10 Signs” and “Is the Buyer Serious? Here’s One Clue“] “The race is not to the swift, nor the battle to the strong — but that’s the way to bet.” –Ecclesiastes (with an assist from Damon Runyon)....
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Is the (Home) Buyer Serious? Here’s One Clue

Requesting a Sat. Showing on Wed. I don’t have any statistics backing me up, but it sure seems like there’s a relationship between how far in advance a showing is booked, and how serious the Buyer is. The explanation? Here’s my theory: Serious buyers are methodical, and methodical Buyers carefully plan what they want to...
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How to Identify a "Motivated Seller"

Keys: Price — and Price Reductions How do you identify a motivated seller? No, it’s not because they scream on MLS that they’re “motivated,” “priced to sell,” “won’t last,” etc. Rather, the home is priced aggressively — and, if it doesn’t sell, is reduced at regular intervals thereafter. A good example of a home meeting...
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