Are the Numbers Padded? One of the statistics available to Edina Realty agents (and their clients) is how many people have saved a specific listing on EdinaRealty.com, the Twin Cities’ most popular real estate site. Especially when a home isn’t selling (or even getting showings), more than 6-8 saved searches is encouraging, and can indicate potential...Read More
The Twin Cities’ Best Real Estate Blog? You’re Reading It! As streaks go, I’d much rather have Joe DiMaggio’s (for hits in consecutive baseball games — 56) or Cal Ripken’s (for consecutive games played — 2,632). But, next month will mark the 8th(!) anniversary of the “City Lakes Real Estate Blog.” During that time, I’ve published...Read More
Housing Comp’s vs. Lender Comp’s To Realtors, a Comp (“Comparable Sold Property”) is a nearby, recently sold home similar in size, style, and condition to the “subject home” (the home being valued). What’s a “Comp” to a lender? The borrower’s annual income for any given year. Excluding a Harmful Comp Just like the key to...Read More
Plans B Thru Z For Getting Into a Listing Earlier this week, I (momentarily) had a big scare when my electronic lockbox failed to update. Due to host a couple dozen agents for an Edina Realty Exceptional Properties lunch, I had visions of a crowd of Realtors milling around outside while I struggled with my...Read More
No More to Do (For Now) After a whirlwind 48 hours of inputting a TON of data for my new listing, I felt obliged — passing the hard-working Edina Realty front desk earlier today — to let them know they were safe. As in, I didn’t have anything more for them to do: no more Supplements...Read More
Vanity License Plates — Realtor Edition Espying a similar vanity license plate in the St. Louis Park Target parking lot this am, I made a quick connection with Chicago area Realtor Craig Caffarello. It turns out I’m too late to generate some referral business: Craig and his wife — who’s from the Twin Cities —...Read More
