The Case For — and Against In a microcosm, the considerations for doing an open house on Easter Sunday are the same as for deciding whether to list a home during a traditionally slow time of the year (like around the holidays). Here’s how the arguments shape up: Pros: –Not much competition from other open...Read More
Law of Diminishing Returns Show me a “For Sale” home that’s open Sunday after Sunday, rain or shine, and I’ll show you a house where: a) the home is likely overpriced and going nowhere in the market; b) a frustrated Realtor is trying to placate an impatient owner; or most likely c) both “a.” and...Read More
Surprisingly Spacious Four-Level(!) Split in Southwest Minneapolis Where: 5737 Oliver Avenue South. What: 2 BR/2 Baths with four finished levels, vaulted Living Room with Fireplace, and over 1,600 finished square feet on a huge, .22 acre lot. When: listed March 21; closed April 1 (Friday). How much: asking price — $250k; sold for $277,500. Who:...Read More
Tough Crowd (& Not Very Hungry*) At least in the Twin Cities, Realtors traditionally debut their new listings on Broker Tour, held each Tuesday from 11 a.m. to 1 p.m. To get their fellow agents to come, the listing (host) agent will often offer food, prizes or other goodies like gas cards or restaurant vouchers....Read More
Piggybacking on the Uptown Art Fair If you’re a Realtor listing a home in or near Minneapolis’ Uptown neighborhood, what does this weekend’s art fair represent? Free advertising — and tons of extra foot traffic! Which is why there is sure to be a bumper crop of open houses there this weekend. P.S.: If you’re interested in...Read More
Late Lunch in the Resource Room If you were tied up with a closing and missed Broker Tour yesterday (as I did), there’s another way to tell how busy it was: by how much food is left in the Resource Room mid-afternoon (note: that’s where listing agents hosting homes on tour typically leave any leftovers)....Read More