“What You’re OK With If You Get It . . . . & What You’re OK With If You Don’t” One of the most fraught questions Realtors field has to do with multiple offers. Specifically, it’s stressed Buyers beseeching their agent, “What the $%#@! do I offer?” I don’t know about other Realtors, but after...Read More
The Overzealous Agent: Asset or Liability? Don’t squeaky wheels get the grease? And in a hyper-competitive multiple offer situation, isn’t an aggressive agent an asset? (nice alliteration, huh?) Yes . . . to a point. Beyond that point, hyper-aggressive behavior on the part of a Buyer’s agent can become a negative to the Seller (and...Read More
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...Read More
Blast From the Past** [Note to Readers: The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway (“Berkshire”), or any other entity referenced. Edina Realty is a subsidiary of Berkshire.] So . . . exactly how do you get multiple offers for a home in today’s housing...Read More
“Outlier” Comp’s — Both High & Low Wanna guess the single best way, bar none, to know for sure the Seller got a (very) good price for their home? It’s not whether the house sold especially fast, for full price (or higher!), or even received multiple offers. All those metrics can be misleading, for a...Read More
Question #2: Good or Bad for Whom?? Is it good news or bad news that a home scheduled to be on “Broker Tour” ” essentially, open houses for local Realtors each Tuesday in the Twin Cities ” abruptly cancelled? Answer: it depends. It’s good news — at least for the Seller, if not frustrated Buyers — if...Read More
