Proposed Book TitleI know you’re supposed to come up with the book before you come up with a title, but never mind. If I ever write a real estate book — and with something like 1,500 blog posts under my belt, I probably already have — I know what I’ll call it: ‘Agent Remarks.’ That’s...Read More
You Read it Here First In the course of helping clients find a rental property the last 2 weeks, it’s become abundantly clear that the rental market is much more fragmented and chaotic than the For Sale market. And pricing is much sloppier (what you get for, say, $2,500/mth runs the gamut from properties worth...Read More
Stealth Price Cut What does it mean when a listing agent puts out the word — on MLS or just verbally — that their Seller “will consider all offers?” Here is a rough translation: a) the Seller knows that the current asking price is high; b) but for perceived negotiating leverage, they don’t want to...Read More
I just came across this photo — the lead photo — on a current MLS listing (there are a maximum of 10 photos, but only one appears on the first page of the MLS listing). And no, the home’s not listed for less than $100k somewhere in the ‘sticks; it’s a Golden Valley home on...Read More
Peeking Under the Curtain Last Sunday I showed my clients five homes in the west suburbs that all met the profile of what they were looking for: within 20 minutes or so of downtown Minneapolis; around 3,500 FSF; at least 4 Bedrooms; a nice master Bath; price between $600k and $750k. So what? Only one...Read More
I Guess That Qualifies as Feedback I was wondering what was up with an agent who showed a couple of my listings near Cedar Lake in Minneapolis in the span of a few days last week. The feedback was quick and generic, and there was no follow-up interest. The “mystery” was cleared up this morning...Read More
