Not Just Price Tag, Scope of Work Discounting for a home’s “vintage” condition is inherently subjective. Some Buyers don’t want to tackle anything more challenging than painting a Bedroom (if that). Others ” especially if they have contracting skills (or access to them) ” are up for remodeling the Kitchen, Bath’s and anything else that...Read More
Decoding Realtor-Speak [Note to Readers: The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway (“Berkshire”), or any other entity referenced. Edina Realty is a subsidiary of Berkshire.] There’s usually not much mystery about which homes fall into the “fixer upper” category. Either the pictures give it...Read More
A Realtor’s Definition of a “7” (or a “3” or a “9”) vs. a Consumer’s [Editor’s Note: The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway, or any other entity referenced.] Good Buyers’ agents don’t just qualify their clients financially, they also vet the Buyer’s selection criteria. Exhibit...Read More
Three Key Factors Besides Price Tag, Scope of Work Discounting for a home’s “vintage” condition is inherently subjective. Some Buyers don’t want to tackle anything more challenging than painting a Bedroom (if that). Others — especially if they have contracting skills (or access to them) — are up for remodeling the Kitchen, Bath’s and anything...Read More
Realtor Mistake #3 First, a caveat: by far the more common Realtor mistake is not doing pre-list marketing — touting an upcoming listing to colleagues — far enough in advance. Or, not doing it at all. However, at least in my opinion, it’s also possible to err on the side of doing it too soon. Call it an “advanced beginner” (or...Read More
Fixer Uppers On Sale Fixer-uppers are not the darlings of the New York City real estate market right now. With so many well-groomed apartments for sale to choose from, why bother? But when there is a lot of inventory on the market, the price gap between the renovated and unrenovated often grows. —For the Right...Read More
