Great Price + Seller-Paid Pts. = No Deal? We may be small, but we’re slow. –Cal Tech football team slogan If you’re a Buyer contemplating an offer on an upper bracket Twin Cities home, congratulations! You’ve never had more choices — or more eager Sellers. Just one word of caution, though: Decide whether you want...Read More
Quirks of a Buyer’s Market One of the more surprising things Buyer’s agents are hearing in today’s market is clients who say, “it’s too nice for us” (or at least, I’m hearing it). Huh? What I think is happening is actually a couple things. One, prices of bigger homes, in very nice neighborhoods, have now...Read More
Is it REALLY “Below Market Value?” As many Sellers already know, it’s a tough market out there, especially in the higher brackets. So, to let prospective Buyers know that their home is a deal, more Sellers (or their agents) are peppering their marketing with phrases like, “asking price less than market value.” Is it? “That’s...Read More
Realtors & Buyer’s Markets: Feeling Sellers’ Pain It was the best of times, it was the worst of times.–Charles Dickens In a Buyer’s market, Sellers’ pain is Buyers’ gain. And the vast majority of Buyers today are represented by Realtors, too (acting as a Buyer’s Representative). So it seems fair to ask: Why isn’t a...Read More
Wanted: ‘Something Not on the Market’ One of the puzzles of a supposed Buyer’s market, with 27,000-plus single family homes for sale area-wide, is having serious Buyers who can’t find what they’re looking for (see my earlier post, “Buyer’s Market Conundrum“). Which is why you increasingly hear Realtors who are networking for their clients say,...Read More
How to Know When: Four Signs Just because a home hasn’t sold doesn’t mean that the Realtor is doing a bad job. But, if your home is lingering on the market, it’s imperative to know why. Here are four signs that the problem may not be your home, but your Realtor. One. Mediocrity (or worse)....Read More
