Realtors’ Investment: Skill, Time, & Marketing $$$ How long should a listing contract be? The short answer: “long enough to sell the property being listed.” How long that is ” assuming that the home is well-priced, staged, and marketed ” is typically a function of price. Under $250k in the Twin Cities today, you’d estimate...Read More
Realtors’ Investment: Skill, Time, & Marketing $$$ How long should a listing contract be? The short answer: “long enough to sell the property being listed.” How long that is ” assuming that the home is well-priced, staged, and marketed ” is typically a function of price. Under $250k in the Twin Cities today, you’d estimate 20-40...Read More
Having the TISH Done TOO Soon(?) Assuming the local municipality requires a Truth-in-Sale of Housing (“TISH”) inspection, the usual answer to the question, “When should prospective home sellers have the city inspection done?” is, “as soon as possible.” That gives the homeowner a head start addressing any required repairs, and allows them to combine the...Read More
Realtors’ Investment? Skill, Time, & Marketing $$$ How long should a listing contract be? The short answer: Long enough to sell the property being listed. How long that is — assuming that the home is well-priced, staged, and marketed — is typically a function of price. Under $200k in the Twin Cities today, you’d estimate...Read More
Top of Fifth Inning — or Ninth? If you accept that the housing market is cyclical (I do), then you inevitably find yourself wrestling with these two questions: 1) how long are housing cycles on average?; and 2) where in the current cycle are we? The best empirical data I’m aware of suggests that housing...Read More
Getting a Head Start Getting Used to “2015” Once upon a time, before I was a Realtor — and personal checks were actually handwritten — it was a couple of days into January before I started using the “new” New Year (and invariably got the date a wrong for a few weeks after that). Now, I...Read More