Tag

Conflict of interest

“Hmm, I Wonder Who the Buyer’s Agent Is??”

The Conspicuously Silent Listing Agent At one extreme, there are the listing agents who call your cell phone for feedback while you’re in the middle of the showing (can you say, “overeager?”). Then, there’s the agent I just encountered in South Minneapolis, who listed a brick 1 1/2 story for $20k below market (my estimate) on Friday....
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Did it Sell TOO Fast?

“How Long Was the Home on the Market?” vs. “How Much Exposure Did the Home Get?” With multiple offers making a comeback in parts of the Twin Cities — I’ve been involved in three in just the last six weeks — it seems appropriate to ask, “Did that just-listed home sell TOO fast?” It’s certainly...
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“Pocket Listings”: Good for Agents, Bad for Clients

“Shhh!  Don’t Tell Anyone My House is for Sale” “Listing agent will not also represent Buyer.” –Clause added to every listing contract I sign If your Realtor will agree to the foregoing clause — as I do on every listing I’ve ever handled — you don’t need to worry about a “pocket listing.” That’s because the Realtor...
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THAT Sure Went Fast (Too Fast??)

“Now You See it . . . Now You Don’t” In a post last month, I posed the question, “Did the Seller Leave Money on the Table? Four Ways to Tell.”That post came to mind as I scanned the particulars of 2900 Chowen Ave. South, which came on MLS this afternoon — I’m not kidding...
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Short Sale Games

Don’t Sell Your House to Your RealtorSelling your house to your Realtor is a bad idea for about 48 different reasons, beginning and ending with conflict of interest. That’s especially true if the sale is a “short sale” — that is, the home is worth less than the mortgage against it. In such cases, the...
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