Tag

home showing

When Should Home Buyers Stop “Playing the Field?”

“Sold, Subject to Inspection” (the House, Not the Fiancé) “Seller shall/shall not have the right to continue to show property.” –Inspection Addendum Once someone is engaged to be married, should they suspend their dating service membership? Most people would unhesitatingly say “yes.” The bride and groom-to-be have made commitments to one another, and continuing to...
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Lazy Lockbox Codes

What’s the Listing Agent’s Defense If There’s a Security Issue? If you had a briefcase — does anyone anymore?? — you probably wouldn’t walk around with the latch code set to “0-0-0-0” (the factory setting). So, it’s always a bit of a head scratcher as a Buyer’s agent to request a home showing, then receive...
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Jury Verdicts & Home Showings

When One Showing = Three The evidence is mixed about whether a quick jury verdict is good or bad for the defendant. But in residential real estate, there’s no such ambiguity:  a quick showing is invariably bad for the owner, while a long one is very, very good. In fact, the longer the better. I...
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Showers, Sleet, and Showings

Unfortunately, that last one doesn’t go with the first two — especially at the beginning of the season (by the end, you’re inured to it, and just go about your routine regardless). With a blustery, cold day in store for the Twin Cities, most home sellers aren’t likely to see much activity today (my guess)....
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Step #1: Replace Roof. Step #2: Put Home on Market

“Strike 1 3/4,” or, There’s Never Just One Cockroach When you pull up in front of a “For Sale” home with a visibly worn-out roof, what goes through Buyers’ — and Buyers’ agents’ — minds? Thoughts like: •“I wonder what other major, capital repairs are waiting for the next owner?” •“If the owner/seller couldn’t keep...
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Showing Feedback: Outlier or Mainstream?

Who’s the ‘Knucklehead’?? “If one guy honks at you on the freeway, he’s a knucklehead. If five guys honk at you, you’re the knucklehead.’ –“Programmers Keeps Shows Prospects in Focus (Groups)”; The New York Times (5/11/2012) “Ten showings, $10,000.” –Real estate saying (translation:  if a home has had 10 showings and no offers, it’s overpriced...
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