Showing Feedback — Upper Bracket Edition “Is the Buyer local?” –Question on showing feedback form for a Twin Cities upper bracket home “I know half of my marketing budget is wasted — I just don’t know which half.” –Marketing director lament The typical showing feedback questions — what the Buyer’s agent fields after showing a property —...Read More
Where: 5229 Chowen Ave. South in Southwest Minneapolis. What: 4 BR/2 BA stucco bungalow with 2,100 square feet in mint condition. When: came on the market April 4; under contract April 10. How much: listed for $395,000 Who: listed by Ross Kaplan, Edina Realty City Lakes; sold by Andrew Olive, Edina Realty 50th & France....Read More
Penny Wise Foolish, Pound Foolish, or, “Minnesota Not-Nice” When it comes to real estate transactions, graciousness begets graciousness, and pettiness begets . . . lack of graciousness. In the vast majority of deals, whatever tensions may have accompanied the negotiations are long forgotten, clearing the way for a warm and amicable closing. Which is only natural: ...Read More
“Nice Listing” What’s the best use of an open house — specifically, a Broker open for fellow Realtors? Selling the house would, of course, be delightful. But the highest and best use of a Broker Open — in my opinion — is actually for the listing agent to refine and focus their marketing campaign — and...Read More
Deciphering “Realtor-Speak” I’m sure I’m not the only listing agent out there who’s recently fielded some variation of the following query: “I’ve got an investor who might be interested in your client’s property. Would they be open to something like that?” For those who don’t know Realtor-speak, let me translate: ‘my client would be interested in buying...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 close to full price — typically collect more “Nay’s” than “Yea’s” from prospective Buyers. But it’s true. In...Read More