“Something-for-Nothing” vs. “Nothing-for-Something” Editor’s Note: President-elect Trump has his negotiating secrets, I have mine. Or did — keep reading . . . 🙂 Ever wonder what the secret(s) to successful negotiation are? By definition, every deal is unique. And, when it comes to buying and selling homes, it’s always a negotiating advantage to know more about...Read More
Good Job, Young Man! Edina Realty’s City Lakes, 50th & France, and Maple Grove offices all have new office managers as of this morning. Per Edina Realty President Barb Jandric, the headliner at this morning’s meeting, City Lakes’ Matt Loskota heads to 50th & France; Jennifer Cutter is the new City Lakes Manager; and Andrew...Read More
$219,900 vs. $225,000 What difference does it make — besides an extra $5k — to list a home for $225,000 instead of $219,900? The home listed for $219,900 will get picked up by Buyers searching for homes between $200k and $225k. By contrast, the $225k listing will likely show up in two Buyer searches: those searching...Read More
Office, Politics That’s the new, official (Edina Realty) City Lakes office policy, as of this morning, per Office Manager Matt Loskota. With a Presidential election in the offing, some controversial Constitutional amendments on the Minnesota ballot this year — and an office full of opinionated Realtors — that’s a wise policy. Hear, Hear . ....Read More
15 Showings — and a Deal! — Last Week Where: 4336 Browndale Ave. in St. Louis Park. What: Stunning Craftsman bungalow with 3 BR/3BA and 3,000 FSF; potential for another +1,000 FSF in lower level with high ceilings, lookout windows. Who: listed by Edina Realty City Lakes agent Jacqui Day. How much: $795,000 When: on...Read More
Housing Market’s “Brussel Sprouts” Edina Realty Regional Manager Terry McDonough gave a terrific talk at City Lakes yesterday about the advantages — and potential pitfalls — of using contracts for deed in today’s housing market. In an environment of zero percent interest rates (“ZIRP”) and lots of stealth home equity (something like 2/3 of those...Read More
