Tag

multiple offer

Prospective Home Buyer: “The House I Want is in Multiples; What Should I Offer?”

“What You’re OK With If You Get It . . . . & What You’re OK With If You Don’t” In my 15+ years selling residential real estate, perhaps the most fraught question I’ve fielded from clients has to do with multiple offers. Specifically, it’s stressed Buyers beseeching me, “What the $%#@! do I offer?”...
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Hot or Not? New Stealth Way For Buyers’ Agents to Gauge Interest (or Lack Thereof) in “For Sale” Homes

“MLS Show & Sell Tell”:  When a Calendar Isn’t Just a Calendar [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.] “Tell” /tel/  Noun:  (especially in poker) an unconscious action that is thought to betray an attempted deception. –Dictionary...
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It’s 8 p.m. on a Monday Night. The Listing Agent on a House You Just Showed Is Calling. Do You Pick Up?

All in a Day (and Night’s) Work Ok, so there are plenty of times I wouldn’t have taken the call. Or, would have unplugged my phone, and not known about it until the next morning. But, since I’d left the other agent a voicemail regarding my client’s question around dinner time, I felt it was...
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Listing Agent: “A Few Interested Parties Are Circling, But No Offers Are in Hand at This Time”

Is There REALLY Other Buyer Interest? The Buyer’s agent submitted a request to show a home to their client, and — along with the confirmation — received the “heads up” (above) about the home’s status from the listing agent (representing the Seller). How do you know whether:  a) it’s a bluff — that is, there’s...
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Buyer’s Agent: “Please Keep Me in the Loop”

Realtor-Speak, Translated I don’t know about other listing agents (representing Sellers), but I have to suppress an eye roll when, following a showing, the Buyer’s agent contacts me and asks to be “kept in the loop” if something happens. That “something,” of course, is another offer. Sometimes, Buyers need a day or two to put...
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Sizzling Southwest Minneapolis . . .

 . . . . Housing Market, That Is Never mind the heat and humidity the past week . . . how hot is the Southwest Minneapolis housing market? At least for well-priced, well marketed homes under $400k . . . very (hot). Instant Multiples The home at 3537 Aldrich — listed for $339,900 by Edina...
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