Realtors’ Investment: Skill, Time, & Marketing $$$ How long should a listing contract be? The short answer: “long enough to sell the property being listed.” How long that is ” assuming that the home is well-priced, staged, and marketed ” is typically a function of price. Under $250k in the Twin Cities today, you’d estimate 20-40...Read More
Practice Tips for Newer ” and Not-So-New ” Twin Cities Buyers’ Agents What does the Fall 2019 Parade of Homes ” underway now ” have to do with passing out Realtor business cards? Just this: if a Buyer you’re working with goes through a Parade home and decides to buy it, you may have a...Read More
Homes with “Great Personalities” & Other White Lies [Editor’s Note: While I do my best to avoid such euphemisms in my own capacity as a listing agent (representing Sellers), let me offer two (sort of) defenses on behalf of Realtors who are less circumspect: 1) beauty is frequently in the eye of the beholder, i.e.,...Read More
When the Realtor REALLY IS a “Neighborhood Expert” In finance, “eating your own cooking” means that the investment advisor has their own money in the same kinds of investments that they recommend to their clients. So, what’s the Realtor definition of “eating your own cooking?” Here’s mine: a Buyer’s agent who recommends a neighborhood or condo building...Read More
Client to Agent: “What Would You Do?” “You break it, you own it.” —The Pottery Barn Rule. “You make it, you own it” (translation: if you make a decision for a client . . . you are responsible for the consequences). —Real estate corollary, Ross Kaplan. Whether it’s in the context of choosing a home,...Read More
“Quality vs. Quantity” Trade-Off Which side of that question you come down on ” plus your own pre-Labor Day plans ” likely govern whether you list your home before or after Labor Day weekend (or, advise your client to). In a nutshell, here’s the two-part “for” case: 1) with less housing market activity generally, new...Read More
