MLS Agent Remarks: “Listing Agent Must be Present for All Showings” Most listing agents ” myself included ” are usually not thrilled when a home-selling client insists that you be there for all first showings. For one thing, it’s an imposition on your time; for another, prospective Buyers and their agents can view it as...Read More
Recognize This House Today? Me, Neither When the listing agent (OK, me) wrote the marketing verbiage above a year ago, I was contemplating a standard overhaul. You know, gutting the dated Owner’s Suite upstairs, opening up the almost 400 square foot space, and putting in a new, larger Master Bath. So much for my crystal ball....Read More
How Many Real Estate Marketing Errors Can You Spot? To my eye, the listing agent marketing a certain Fern Hill Rambler now commits not one but two mistakes trying to push Buyers’ “Fear of Missing Out” button: One. In an ongoing Seller’s market with too little inventory, it’s certainly plausible that any new-to-market listing will...Read More
“Cock a Doodle Doo Don’t!” Nope, that “For Sale” home isn’t in the sticks somewhere, miles from the nearest neighbors. It’s less than 2 blocks southeast of Minneapolis’ Lake Harriet, in a neighborhood where homes fetch from $500k to triple that (at least) on the lake (this one’s listed for $525k). My Realtor understanding is...Read More
MLS Shorthand for “Potential Tear-Down” Test your knowledge of today’s housing market, and field this question: How can you determine that a “For Sale” home on MLS is a potential tear-down? A. The MLS photos show a home in decrepit condition — or, there are no photos. B. In the “Seller Terms” field on MLS,...Read More
Resale Mystery Amongst the new Twin Cities listings debuting on MLS today, this Minneapolis home caught my eye: 5/31/17 (1:03 p.m.): Closed 5/31/17 (2:53 p.m.): Active Why would someone buy a home — in multiple offers, no less — than immediately put it back on the market? No, it’s not a flip: the Seller paid $330k, and...Read More