“Price is What You Pay, Value is What You Get” . . . . When it Comes to Realtors, Too “Price is what you pay, value is what you get.” –Warren Buffett, Berkshire Hathaway Chairman (Note: Edina Realty is a Berkshire Hathaway subsidiary). When someone with a couple blocked arteries needs a heart surgeon, their...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
Looking For a Realtor? Or (Lots & Lots of) Compliments? I heard about a prospective home Seller the other day who interviewed seven (!) Realtors to list their home (I wasn’t one of them). To be sure, the home was a multi-million dollar estate on Lake Minnetonka, but still — seven Realtors?? I’m sure that...Read More
Does Over-Interviewing Lead to Overpricing? Anxious Buyers aren’t the only ones bidding up home prices (or at least list prices) this year. So are some Realtors, including at least a few who should (and do) know better. “Buying the Listing” One of the things that can happen when prospective home Sellers interview lots of agents...Read More
Price vs. Value Undoubtedly, lots of home sellers who pose that question this Spring will answer “yes.” But if you then asked them if that’s how they chose their lawyer or CPA or family doctor . . . they’d look at you like you were crazy. Sophisticated consumers — of all professional services — know that...Read More
The Real Purpose of Sunday Open Houses Test your knowledge of Realtor open houses — the ones on Sunday, not Tuesday (also called “Broker Open’s”) — and answer the following multiple choice question. The real purpose of Sunday open houses is to: A. Let the neighbors through, so they can recruit their family and friends....Read More
