The Book on First Buyers The first buyer is the best Buyer. –Real estate lore The first offer from the first Buyer is seldom their best offer. –Corollary; Graham Smith, Edina Realty I heard the second observation at a seminar led by Edina Realty’s Graham Smith yesterday. From experience, I can endorse both sentiments, with...Read More
Want to Stand Out? Drop > 10% Want some anecdotal evidence about housing market conditions these days in the Twin Cities? Higher Bar. Edina Realty, the Twin Cities’ largest broker, requires price reductions of 10% or more to qualify for intra-company email distribution (I believe the policy actually dates back to this Summer). Previously, the...Read More
“What You See is What You Get” I’ve written previously about real estate teams (“Teaming Up“), and the pro’s and con’s. So it was interesting to me, during my most recent listing presentation (they hired me), to hear my now-client express a strong preference notto work with a(nother) real estate team. Their reason(s)? On their...Read More
Where: 4617 Tower St.What: 5 BR/5 Bath new construction by Elevation (division of Streeter)How much: $1.2 million asking priceWhen: sold in one day earlier this month (with more buyers reportedly waiting in the wings).Who: listed by Marian Peterson and Noelle Varecka of Edina Realty It’s not hard to tell what the Buyer liked about this...Read More
Make That a 4 Day Weekend There was a major crash yesterday (Tuesday) morning. The stock market? Nope, at Edina Realty. “ProKit,” the proprietary software platform that all 1,800 Edina agents log onto and use day-in, day-out, was out of commission from at least 8 a.m. yesterday, when I first tried to log on, till...Read More
WSJ/Real Trends Top 100 Agents Today’s Wall Street Journal is running a list that purports to rank the nation’s top 100 Realtors. Actually, it has four lists — hence the (slightly confusing) title, “Top 400 Sales Professionals.” The four categories are: 1. Top 100 Agents by transaction sides (representing either a Buyer or Seller)2. Top...Read More
