Aren’t Multiple Offers Good For Sellers?? Listing Agent: “How did the showing go?” Buyer’s Agent: “Great! They loved it.” Listing Agent: “Is the Buyer going to write?” Buyer’s agent: “No.” Listing agent: “Why not?” Buyer’s agent: “The Buyer doesn’t want to participate in an auction.” –Email exchange between Buyer’s agent and Listing Agent (representing Seller)...Read More
Why Hand Online Cranks a Megaphone?? “In the architecture of online media, comment sections are the septic tanks.” –“Still Kickin”; Mpls St. Paul Magazine (April 2016) I don’t know about other agents, but there’s not much doubt in my mind about whether or not to allow online consumer comments for a listing. In case it’s unclear,...Read More
Broker Open Pitch: “Drawing for Two $25 Gas Cards” With the hosting agent promising two gas $25 cards, and only five agents (including myself) through so far, I was very much liking my chances at the Broker Open near Cedar Lake yesterday. Then, two (very) full cars of City Lakes agents pulled up just as...Read More
Plentiful Jobs + Affordable Housing “Minneapolis-St. Paul is awash in economic plenty. The area has added more than 200,000 new jobs since 2009, according to the Bureau of Labor Statistics. The area’s unemployment rate in December was just 3.1 percent (not seasonally adjusted), compared with 4.8 percent nationwide. The median household income is well above the national...Read More
“Wait Till Next Year Weekend” Unlike, say, the new baseball season, there’s no official “Opening Day” for the Twin Cities Spring housing market. Rather, local Realtor convention holds that the annual Spring market kicks off (sorry) the first mild weekend after the Super Bowl. By that measure . . . it’s still Winter (local temps today...Read More
OK, so I didn’t really pay 22¢ a gallon when I filled up at Costco in St. Louis Park last night. The official, nominal price was $1.359 a gallon. But, what economists call the real price, adjusted for inflation, was 22¢. That’s because $1 today, adjusted for inflation, is the same as 16¢ in 1970....Read More
