Are the Numbers Padded? One of the statistics available to Edina Realty agents (and their clients) is how many people have saved a specific listing on EdinaRealty.com, the Twin Cities’ most popular real estate site. Especially when a home isn’t selling (or even getting showings), more than 6-8 saved searches is encouraging, and can indicate potential...Read More
“You Lost Me at #sthash.vzZLhbFR.dpuf” If you’re looking for information on Minnesota foreclosures, you’re in luck: the Minnesota Homeownership Center has a Web page with lots of useful data and links. The hard part? Finding it. If you don’t want to attempt entering the (very long) URL, click on this link instead.Read More
I don’t know if Realtors suffer disproportionately from Attention Deficit Disorder.** But, I did just hear a story at a continuing ed class, about an agent who got this t-shirt from his spouse for his birthday: My wife thinks I have ADHD. I don’t think so. Hey, look! A chicken! **Getting emails, texts, and phone calls what seems...Read More
“Who’s on First?” — Real Estate Edition Exactly what role(s) do licensees, principals, agents, subagents, brokers, dual agents, and facilitators play in residential real estate in Minnesota? Consumers, I’m sure, have no idea. But their Realtor does. Moreover, it’s incumbent upon their Realtor to (briefly) explain it to them, at the beginning of the relationship. Step #2: document that they’ve...Read More
Lots of Third Parties, Oversight Test your knowledge of residential real estate, and answer the following question: Which of the following have the power to force a home seller to make a repair prior to closing? A. The Buyer; B. The Buyer’s home insurance carrier; C. The local municipality; D. The Buyer’s lender. Answer: all...Read More
Welcome Winter Reprieve I don’t expect to repeat this post next month or even next week, but here goes: if you want a respite from cool, overcast weather in Southern California . . . come to balmy Minneapolis. Just hurry. 😉 See also, “Winter Humor: Minnesota vs. Miami (& Elsewhere)“; and “True Minnesotan, Defined.”Read More
