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overpriced

Price Reductions: a First Chance to Make a Second Impression

When?  How Much? If an otherwise well-staged, well-marketed home isn’t selling after a reasonable interval on the market**, a price reduction is invariably indicated. How big? It all depends on how overpriced the home appears to be. Toss Out the CMA Once a home is actually on the market, interest from prospective Buyers ” or...
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Price Reductions: a First Chance to Make a Second Impression

When?  How Much? If an otherwise well-staged, well-marketed home isn’t selling after a reasonable interval on the market**, a price reduction is invariably indicated. How big? It all depends on how overpriced the home appears to be. Toss Out the CMA Once a home is actually on the market, interest from prospective Buyers ” or...
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Price Reductions: a First Chance to Make a Second Impression

When?  How Much? If an otherwise well-staged, well-marketed home isn’t selling after a reasonable interval on the market**, a price reduction is invariably indicated. How big? It all depends on how overpriced the home appears to be. Toss Out the CMA Once a home is actually on the market, interest from prospective Buyers ” or...
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How to Save $109,999,750 on Art Work

Four Easy Steps; Total Cost:  < $250 “Untitled Jean-Michel Basquiat Painting Auctioned for $110 Million, a U.S. Record.” –headline, nbcnews.com (5/18/2017). For those without the means — or acquired taste(?) — to drop $110 million for an abstract painting (by Jean-Michel Basquiat), I have a much cheaper alternative. Step 1:  buy the recent New Yorker...
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“Let My People Go . . . to the Movies!”**

A Little Passover Irony, or “Wait a Second!  Isn’t ‘Exodus’ Associated with Getting OUT??” I’ve made my peace with paying close to $10 for a movie ticket. However, $4 for a smallish candy bar or a box of M&M’s is another thing. So — full confession — we Kaplan’s have been known to smuggle a...
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Why the Market Feels Slower to Most Realtors Than Statistics Suggest

Not All Listings Are Created Equal Notwithstanding fairly steady Fall listing and selling activity, there is a perception afoot amongst many Twin Cities Realtors now that the market is deceptively slow. How can that be? Here’s one theory:  while showings statistics overall are flat to slightly down, they’re unusually concentrated amongst a relatively small percentage of...
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