Tag

pending sale

Giving the Selling Agent Equal Billing

“Here You Go, Arthur!” I’ve certainly heard wackier proposals. So, per Arthur Lee, the Selling agent on my listing at 1901 Fifth Ave. South in Minneapolis (closed this am!) comes this idea:  once the Buyer removes their Inspection Contingency and the listing’s status is switched to “Pending” on MLS, the selling agent (representing the Buyer) should...
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Real Estate “Guilt by Association”

Smoking Guns & Yellow Flags I think it’s fair to say that — as a rule — compared to “laymen,” Realtors put much less stock in things like Seller motivation; historical information like what the owner paid (unless it raises the prospect of a short sale); and even representations (or lack thereof) in the Seller’s Disclosure....
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Year-End Spike in Activity?

Like most Realtors, I set up what are (or used to be) called “hot sheets” on MLS to track activity in areas of specific interest to my clients. So, just by clicking “Update,” I can see everything that’s changed on the market — across multiple neighborhoods, price ranges, etc. — since the last time I...
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What’s Selling: Hopkins

Days on Market: 12 Where:  301 13th Ave. North, near downtown Hopkins What:  3 BR/2 Bath stucco bungalow with over 1,800 finished square feet; nicely updated. When: listed 10/29; off market yesterday (11/10) How much:  asking $250k Who:  listing agents — Stacy and Christina Cranbrook (Edina Realty); selling agent — Nancy Bourland (Edina Realty) “We...
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What’s Selling . . . Fern Hill

Where: 2537 Joppa, in St. Louis Park’s Fern Hill neighborhood, 2 blocks west of Cedar Lake. What: 1 1/2 story home built in 1950 with almost 2,000 finished square feet. How (much): listed for $285,000 When: market time = 2 weeks (listed August 27); scheduled to close Oct. 15 (currently “Pending” on MLS) Who: sold...
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