Looking to the Lender It’s common for Buyers — especially first-time Buyers, at lower price points — to include seller-paid closing costs as part of their offer. So, instead of offering $200k for a home, the Buyer may offer $206k less $6k in seller-paid’s. See, “Maximum Seller Contribution: Not Just 3% Anymore.” To the Seller,...Read More
Wrestling With Realtor Guilt Just like it’s always a good time to buy, some Realtors (and Brokers 🙂 ) say it’s always a good time to hold an open (house, that is). Like today, Easter Sunday. See, “Open Houses on Easter Sunday.” I disagree. Realtors need down time and family time, too (and dare I...Read More
Top 1% of North America Realtors I confess: I regard (at least some) sales awards the way I do compliments: you wonder what the ulterior motive is. In the case of sales honors, they’re often quickly followed by a solicitation to market said award, either by licensing it, advertising it*, or sometimes literally just framing...Read More
Stylish Minnetonka Colonial With $100k(!) Updates for $434,900 Where: 10901 Sumac Lane just northeast of Hopkins Crossroad (Co. 73) and Cedar Lake Rd. What: 4 Bedroom, 4 Bath Colonial with over 2,800 finished square feet on a .31 acre corner lot. When: listed April 14 (days on market = 3). How much: $434,900 Who: listed by Ross Kaplan, Edina Realty – City...Read More
Measuring Success It goes without saying that behind every successful Realtor, there is a less (in?)visible network of colleagues, support staff, and corporate/legal exec’s. In my case, that consists of fellow Edina Realty – City Lakes agent Kathy Dick, who frequently spells me (and even pinch hits for me at the occasional closing!); City Lakes’...Read More
Agents — and Prospective Buyers — Welcome Where: 11725 48th Place North, just northeast of Schmidt Lake (take Schmidt Lake Road to Forestview, then go south to 48th Place). What: Amenity-loaded 4 Bedroom/4 Bath home with 3,300 FSF on a quiet cul-de-sac with seasonal lake views. When: 11 a.m. to 1 p.m. today; days on market: one (more like 16 hours)....Read More
