Holiday Countdown Officially Begins, or “T Minus 26 Days” to Black Friday With the calendar now showing November(!), home Sellers who are serious about selling in 2014 are well-advised to revisit their current asking price. Especially if their home has been at that price for more than 30 days. That’s because most home Buyers are...Read More
From 16,000 Houses Down to . . . a Dozen or So “Before you’re addicted to heroin, you have lots of worries; after you’re addicted . . . you just have one.” –George Carlin on the “virtue” of being a heroin addict. “I’m not in favor of abolishing the government. I just want to shrink it...Read More
Fewer Showings — But a Silver Lining, Too So far this Fall, the word amongst active listing agents (representing Sellers) is that showings are way down (that’s been my experience, too). If you want a benign explanation, blame it on the gorgeous Fall the Twin Cities has been enjoying thus far, keeping Buyers’ focus elsewhere...Read More
When it Works — and When it Doesn’t; or, “Good! Go Lowball Someone Else!” Fear of loss can be a huge motivator in real estate sales. For home Buyers, it means losing out on their dream home to a higher bidder. So, what do home Sellers fear losing? A good Buyer. “The Runner-Up House” Which...Read More
“Just Say ‘No'” — or,”Tomorrow Works Much Better” As a rule, the more accessible a home is to prospective Buyers . . . the easier it is to sell. But, that doesn’t mean Sellers can never say “no” — either to a showing request, or, to a Buyer (and their agent) literally standing in their...Read More
When Ignorance is Bliss — Realtor Version Show me an agent who knows the particulars of Buyer-Seller arbitration, and I’ll show you . . . an agent who’s just gone through arbitration. Which in turn means they were involved in a deal where the Buyer and Seller were VERY unhappy with one another. Or should...Read More