“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...Read More
What Should the Runners-Up Agents Say to the Listing Agent? Assuming that the listing agent (representing the Seller) conducted multiple offers openly, fairly, was communicative throughout, etc. — vs. selling the home to their own Buyer* at midnight for $20k less than the highest offer — what is appropriate for the runners-up agents to say...Read More
“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...Read More
Four Ways to Tell In the history of mankind, no first-time Mother has ever under-dressed their newborn in the winter. –Manhattan Pediatrician So which pediatrician uttered the above line? Mine (and my wife’s). What prompted that comment were the 3 layers of clothing my wife had already put on our newborn son (this was 11...Read More
“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...Read More
Instant Access to 1,600 Realtors Does Realtor-to-Realtor networking really work? Well, consider this: With about 20% of the total listings in the Twin Cities housing market, the percentage of Edina Realty listings sold by other Edina Realty agents is 40%. That could just be because “we” — all 1,600-plus local Edina Realty agents — really...Read More
