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Minneapolis Realtors

“The Stuck Seller”: Psychological Barriers to Pricing Right

Home Seller Lament:  “But, I Got it (Full Price) Before!” One of the toughest pills for home Sellers to swallow is revisiting their asking price in the wake of a failed deal, especially if the deal was for full price (or more), early in the listing. That’s especially so when the deal later fell apart solely...
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Real Estate Photography & Monday’s Solar Eclipse

The Twilight Shot of the Century (But, Good Luck Getting a Re-Shoot) Yes, over 80% of the Sun over the Twin Cities will be covered by the moon’s shadow for about two hours Monday afternoon (August 21). But, no, that shouldn’t affect scheduled photo shoots for upcoming listings locally (a client just asked whether his 1:30 p.m....
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Do Minnesotans Buy Houses During the State Fair?

“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 listings will...
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Sunday Open Houses: Not Just For the Public

When Popping Into a Weekend Open House Trumps Beats a Private Showing For Buyers & Their Agents In general, home buyers and their agents prefer to see “For Sale” homes when: a) it suits their schedule(s); and b) they can count on having it to themselves. Ergo, they prefer private showings — typically, one hour-long — to very...
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Buyer Inspection Item: “New Future Back and Side Doors: (large amount)”

In-Bounds or Out-of-Bounds? The Buyer finished their professional home inspection, and just delivered a long list of issues to resolve with the Seller including this one:  “New future back and side doors:  (large amount).” Such a demand is clearly outside the scope of the inspection, and not properly raised with the Seller. Why? A. The item is prospective, not a here-and-now...
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Include Family Photo With That Buyer Letter? Maybe Not . . .

Would You Sell Your Home to This Buyer? [Insert Photo Here] [Editor’s Note:  The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway, or any other entity referenced.  If you need legal advice, please consult an attorney.] Prospective home buyers seeking to tip the scales in multiple...
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