Outsource vs. Do-It-Yourself; Racing the Inspection Clock (or Not) True or false: the $10 home radon tests sold at home improvement stores (Home Depot, Lowe’s, etc.) are less reliable than the $200+ tests performed by professional home inspectors (note: the do-it-yourself kits also charge a $35 lab fee for normal processing turnaround, for a total...Read More
Seller Christmas Present/Delayed Closing Gift If you’re a busy agent who’s been involved in lots of deals since last Summer, one of the biggest post-closing scares can be an email — like the one I received earlier this week — from a (selling) client who alerted me about an invoice they’d just gotten from Hennepin...Read More
Did Someone Say, “Is it Quitting Time?!?” When is a (very) quiet Friday afternoon, approaching Thanksgiving, not reflective of market conditions? When the local MLS is down (true since around 1 p.m.), and it’s not possible for Twin Cities Realtors to search for new listings, request showings, or do most of the things agents normally...Read More
The Role of the BPO (“Broker Price Opinion”) When someone owes $250k on a home currently worth $200k, arguably they no longer own the home . . . their bank does (or, at the very least, the bank calls the shots). So, it would seem smart to find out what the bank is willing to sell...Read More
