Waiting (and Waiting) For the “Perfect” Home** Every veteran Realtor at one point has them: Buyers who are looking for a home ” just, shall we say . . . very casually. Which is fine and good: the only timetable that matters in real estate sales is the client’s. Plus, as I like to tell...Read More
“It Only Takes One” Q: What do you call the person who finishes last in their medical school class? A. “Doctor.” It may surprise non-Realtors to hear that even well-prepped, well-priced homes ” destined to sell quickly for full price or very close ” typically collect more “Nay’s” than “Yea’s” from prospective Buyers. But it’s...Read More
Quality > Quantity The (Realtor) conventional wisdom about showing activity on holiday weekends, like the one coming up? That it’s a microcosm of the slower, Thanksgiving-to-New Year’s period. Namely, while there is a noticeable drop in traffic, the Buyers out there tend to be more serious and motivated. Call it “quality over quantity.” Practically, with...Read More
How Realtors Grade Clients Clients may have a select few words for their Realtors, but Realtors also have some favorite words for their clients. No, not “%!%#!” Rather, how “cooperative” they are. What do I mean by that? For Sellers, client cooperation boils down to these three things: 1. Pricing. A cooperative client picks a...Read More
Make That, “Good for Whom?” Thanks to MLS protocol, home sellers typically have to “OK” overlapping showing requests — that is, when one or more Buyers want to see the home simultaneously (by convention, at least in Minnesota, showings are for one hour). Should the Seller give their permission? Absolutely! As I tell my selling...Read More
Law of Diminishing Returns Past Three or More Showings Want to handicap the odds of any given Buyer purchasing a home, especially at higher price points that fewer Buyers can reach? Think of a Bell Curve, with the peak corresponding to 2-3 showings (call it “2.5”); the left tail represents one showing, and the right...Read More
