Multi-Tasking Buyers’ Agents I’m sure my colleagues could fill in their own, umm . . . favorite. But, here’s mine: “You know the showing instructions are too long when . . . the Buyer’s agent (in this case, me) has to print them out to keep everything straight. And then has to print out the...Read More
Three Questions (“Good,” “Better,” “Best”), or “Highest and Best?” Not Exactly As a Buyer’s agent, doing a good job for a client competing for a home in multiple offers means giving them good advice. In turn, that means knowing “the lay of the land” — at least to the extent that the listing agent is...Read More
Jewelry, Prescription Meds, Valuables . . . $1,500 Vases In the “hindsight is 20/20 department,” I’m sure that the Plymouth home Seller — and their agent! — certainly wish that that $1,500 Living Room vase had safely been put in storage before prospective Buyers showed up.* Instead, the listing agent got the unenviable task of...Read More
Your client is interested in a Downtown Minneapolis loft (or condo); as their Realtor, what do you do first? A. Show them the unit, to see if they like it; B. Review the Association doc’s, to look for pet restrictions, prospective capital improvements, etc.; C. Check out the MLS price history, to see how long...Read More
Complying With The Golden Rule (Still) Admittedly, it’s not a perfect analogy: I’m hardly suggesting that all Realtors are wizards, and that lenders are all witches (sometimes, it’s the other way around). But, at least from the perspective of a Buyer’s agent, clients (especially first-time Buyers) can seem a little bit like Dorothy, and the process...Read More
Real Estate Math I showed clients an upper bracket Edina home yesterday that’s been languishing on the market — at ever-lower prices — for 3(!) years. The reason(s) became apparent literally 10 steps in the door: every square foot of the very large home needs updating (the online photos nicely camouflaged that). Given the home’s...Read More
