15 Closings(!) Today at Edina Realty – City Lakes Title “April showers bring May flowers.” –old saying “July deals bring (late) August closings.” –real estate corollary Combine a very slow-to-start Spring market, surprisingly low interest rates, and a looming month-end, at least for business (Fri., Aug. 29), and what do you get? An exceptionally crowded...Read More
Making a Catch — or a Closing “Save” — Look Easy “Paul Blair never made a great catch because he never had to; he was always standing under the ball when it came down.” –Earl Weaver, Baltimore Orioles manager; “Paul Blair, Center for Champions, Dies at 69.” The New York Times (12/27/2013). How are great...Read More
What happens when you have one client (a Buyer) selling condo unit #402, and another client (a Buyer) purchasing condo unit #403? And the two properties are less than a mile apart, and both are now “Pending” on MLS? It’s hard to keep them straight. Thanks to Edina Title for sorting things out . ....Read More
Closing on a Home Before Dec. 31 With time running out to close on a real estate deal in 2012, Edina Realty Title — in the southeast corner of Edina Realty City Lakes’ office — is quite busy today. As a result, the east parking lot is full. Endings vs. Beginnings Meanwhile, the eve of New...Read More
Seller Semantics According to my contacts at Edina Title, a couple recent closings have hiccupped over the Seller’s well disclosure. Make that, the lack of such a disclosure. In each case, the Seller was under the impression that, because the well on their property had been sealed, it was appropriate to check “No” in the...Read More
“Consider it . . . Sold!” A good marketing campaign strikes a chord in its intended audience. In a still-tentative housing market characterized by what might best be called “fragile optimism,” what better note to strike than . . . confidence and expertise? Cue Edina Realty’s 2012 marketing campaign. Paired with each of its four business segments is a variant of the tag...Read More