Tag

off the market

4 Post-New Year’s Deals; Average Market Time? .25(!) Days (Note the Decimal)

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...
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Back on the Market — at a Higher Price?!?

Sellers Who Are Still Too Far Ahead of the Market With something like 2,000 Twin Cities homes temporarily off the market over the holidays, it’s a good bet that 1,500 or so homes will come back on the market the next few weeks. Or are already back on the market. Of those re-listed homes, how...
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When is a Lease a “Done Deal?”

“Sold Rented, No More Showings” When is a rental property officially “spoken for,” and therefore off the market? A.  When the prospective tenant signs the lease. B. When the landlord deposits their security deposit and first rent check. C. When the landlord completes the tenant’s background check, including credit history. D. When the tenant moves in. Answer: ...
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