Flies Tenants, Honey, & Vinegar “A home sale can have many potential deal killers. Emotions can run high. There can be hidden agendas. From tenants who don’t want to move to the child who doesn’t want to see the family home sold, third-party players can block or undo a transaction. For agents, it can mean...Read More
Loss Leader Cooperating Broker Compensation Buyer Broker Comp: $ 100 Sub-Agent Comp: 0 % Facilitator Comp: 0 % Variable Rate: N List Type: Exclusive Right In Foreclosure?: No Lender Owned?: No Owner is an Agent?: No –Excerpt, MLS Rental Listing I know a (very) few Twin Cities agents who handle rentals — but I’m not...Read More
Pro’s, Cons — & Pitfalls –“At the beginning (of the relationship), the developer had the experience and the insurance company had the money. At the end . . . the insurance company had the experience, and the developer had the money.” –“Possession is 9/10 of the law.” I heard the first line a couple lifetimes ago, when...Read More
“Sold Rented, No More Showings” When is a rental property officially “spoken for,” and therefore off the market? A. When the prospective tenant signs the lease. B. When the landlord deposits their security deposit and first rent check. C. When the landlord completes the tenant’s background check, including credit history. D. When the tenant moves in. Answer: ...Read More
