I Thought Realtors Weren’t Supposed to Bring Up Politics Realtors “network” (share in-person and electronically) a variety of things: upcoming listings, Buyer needs, price reductions, etc. They also canvass their colleagues for good, reliable contractors — especially if they need someone ASAP. Which explains this email in my in-box earlier today: In need of an...Read More
To be sure, there are some needle-in-the-haystack properties that truly require Buyer — and Buyer’s agent — patience to find. In the Twin Cities, that includes bigger, updated condo’s near the Lakes (the developers are all building luxury apartments); waterfront estates on Lake Minnetonka; and downtown Minneapolis condo’s with views and over 1,500 square feet...Read More
Pre-List Activity on Edina Realty’s “Network One” If closed sales — at the very end of the process — are a famously lagging indicator, what qualifies as a leading housing indicator? Pre-list activity on Edina Realty’s proprietary “Network One.” Essentially a Realtor-to-Realtor bulletin board for Edina agents, Network One allows Buyers’ agents and Listing agents...Read More
Pre-Market and Off-Market Sales Barely over one month into the New Year, my clients are in the middle of four different deals. Deal #1 is an expired listing that had been rented for the last year, where an interested Buyer popped up after Jan. 1 to inquire about the home’s availability. Fortuitously, the about-to-expire lease...Read More
Realtor version of “Ready . . . Fire . . . Aim“ With Realtors starving for inventory in many U.S. housing markets at the moment — the Twin Cities very much included — it’s a logical, next step: Realtors so eager to land listings that they “jump the gun,” and start marketing homes they haven’t...Read More
