Adding Value by (Sub)Dividing Given the combination of an (over)heated Twin Cities housing market; high demand for new construction; and housing stock which can be functionally obsolete if not in disrepair, it should be no surprise that there are plenty of local homes that are worth less than the land underneath them. That’s especially so...Read More
Comedians & Woodchucks Norm MacDonald: “Is there anything you still want to accomplish?” Jerry Seinfeld: “My entire adult life is just making comedy stuff. For some reason, it’s important to me to make as much of it as I can. I imagine a woodchuck has a similar mindset: ‘I’ve got to chuck wood, as much as...Read More
MLS: “This Beautiful Home Offers 3 Bedrooms on 1 Level, Custom Office with ‘Narnia’-style Closet, Master Suite with Private Bath . . .” Wait a second . . . “Narnia-style closet?!?” After searching MLS for other references to the term — I didn’t find any — and coming up blank personally (I’m not a huge CS...Read More
“Sold, Subject to Inspection” Why would an agent show Buyers a home that’s already under contract? Because the clients are (just) learning the market, and their agent is showing them the home for illustrative purposes only — that is, to educate the Buyer about how much/what kind of house can be had at a specific...Read More
Realtor to Clients: “Is There Anyone Else You’d Like to Be Involved in the Process?” When Baby Boomers are in their 50’s and their kids are in their 20’s, it’s the kids relying on their parents’ advice (and often, financial help) when it comes to making housing decisions. Fifteen years later? It’s now the parents...Read More
Letting Buyers Off the Hook Sometimes, the smartest thing a good Buyer’s agent can do is let their client off the hook — and give them permission to pass on something. That can be because the client just started their home search, and doesn’t know the market yet; a home they really like is in...Read More
