Flies Tenants, Honey, & Vinegar “A home sale can have many potential deal killers. Emotions can run high. There can be hidden agendas. From tenants who don’t want to move to the child who doesn’t want to see the family home sold, third-party players can block or undo a transaction. For agents, it can mean...Read More
Realtor Typo’s — Exhibit A Notice anything amiss in the just-listed Wayzata condo? Realtors will. That’s because, instead of the standard 2.7% payout — the commission offered to the Buyer’s agent — the listing broker is promising to pay a whopping 22.7%(!!). Here’s guessing that that gets corrected in the next few hours . ....Read More
Sellers Who “Fall on Their Sword” (or, Did They??) Even in a Seller’s market, not all homes are destined to sell in multiple offers — or at all. When that’s the case, assuming the Seller is genuinely motivated to sell, and the home is already optimally prepped, staged, marketed, etc., a price reduction is indicated....Read More
Look closely and you’ll see not one but two trunks at the base of this tree, about 1/2 mile west of Minneapolis’ Cedar Lake in St. Louis Park’s Fern Hill neighborhood. The tree ” make that tree(s) ” command a key intersection, which give passing motorists (and pedestrians) a treat this time of year. P.S.: a...Read More
When It’s Poaching — and When It’s Not Is it ever OK to go after another Realtor’s clients? I’d say “yes” — with a major caveat. Namely, it’s OK for Realtors market to another agent’s clients AFTER the deal closes. That’s especially so if the home or Buyer is already in the agent’s geographic farm or sphere of influence...Read More
Just Sold Closed: 2521 Kipling in St. Louis Park’s Fern Hill Neighborhood Where: 2521 Kipling Avenue South, just west of Minneapolis’ Cedar Lake. What: True 1.5 Story, 3 Bedroom/3 Bath home with over 2,200 finished square feet on a huge lot (75′ x 138′). When: closed yesterday (5/10). How much: $450,000. Who: listed by Ross Kaplan, Edina Realty —...Read More
