4 BR/3 Bath Colonial Just Blocks From City Lakes What: 4 Bedroom/3 Bath two-story Colonial with 2,650 finished square feet on a gorgeous, level .20 acre lot. Where: 2851 Huntington Avenue South in Fern Hill; about four blocks southwest of Cedar Lake, and one mile west of Lake Calhoun. When: open tomorrow (August 5) from noon to...Read More
High Profile Agents (and Their Business Models) If working with a Realtor with a huge ego is a deal breaker, you’re in luck: there’s an easy way to identify such agents. Just look up when you’re out and about driving (but only for a second 🙂 ). Hands Off (or is that, “Hand Off??”) At least...Read More
Looking for Signs of a Market Top Once upon a time, a sure-fire yellow (or red!) flag for frothy home prices was Realtors buying homes for themselves, either as investments, or to fix up and flip. See, “Insider Buying & the Housing Market: Why Realtors are a CONTRARIAN Indicator.” The logic: agents were most bullish...Read More
True or false: what Realtors call “the selling agent” once a deal closes represents the Seller (no, this isn’t another “Grant’s Tomb” question). Answer: false. The agent who represents the owner/seller is called “the listing agent”; post-closing, the Buyer’s agent is referred to as “the selling agent.” Nomenclature Once you work in real estate sales...Read More
As stressful as selling a home and moving to another is for people . . . it can be even more so for family pets. The obvious reason: there’s no way to explain to them what’s happening (at least that I know). The cure? Extra attention, exercise, and TLC ” and if that doesn’t work,...Read More
Law of Diminishing Returns Show me a “For Sale” home that’s open Sunday after Sunday, rain or shine, and I’ll show you a house where: a) the home is likely overpriced and going nowhere in the market; b) a frustrated Realtor is trying to placate an impatient owner; or most likely c) both “a.” and “b.”...Read More
