Tag

price discount

The Twin Cities’ Most Unique — and Discounted — “For Sale” Condo

Good Luck Finding a Comp (“Comparable Sold Property”) Full disclosure: I haven’t shown the unit, have no firsthand knowledge of its features, and don’t know the Seller or their listing agent or broker. But, based solely on MLS photos and stats, I’m hard-pressed to think of another condo in Minneapolis — or anywhere in Minnesota...
Read More

Realtor Prayer 2019

Passing on Overpriced Listings Everyone knows this famous passage from The Serenity Prayer: “God, grant me the serenity to accept the things I cannot change the courage to change the things I can and the wisdom to know the difference.” —Reinhold Niebuhr Here’s my version for listing agents (Realtors representing home sellers): “God, grant me...
Read More

House Problems That Will Never Be Fixed

Cost-Effective Repair or Merely Desirable One? Just because every house problem (save for location*) can be fixed, doesn’t mean it will be. That’s often true for poorly conceived floor plans; functional obsolescence (one hall Bath serving four upstairs Bedrooms); and underwhelming curb appeal. In each case, the fix can easily run into six figures — money that...
Read More

The Serenity Prayer — Realtor’s Version

Passing on Overpriced Listings Everyone knows this famous passage from The Serenity Prayer: God, grant me the serenity to accept the things I cannot change the courage to change the things I can and the wisdom to know the difference. –Reinhold Niebuhr Here’s my version for listing agents (Realtors representing home sellers): God, grant me...
Read More

Converted Condo’s & Rental Cars

Separating Siamese Twins — or Quintuplets “No one ever washes a rental car.” –Popularized (if not originated) by NYT columnist Thomas L. Friedman Just as rental cars aren’t exactly known for receiving TLC (never mind the car wash), so, too, rental properties aren’t usually known for their pristine, state-of-the-art condition. Which is why condo conversions...
Read More

"Trickle Down Hardball"

Progeny of “Trickle Down Economics” Want today’s housing market — at least in many locales — in a (sober) nutshell? Here it is: Home Sellers now divide into two groups: those with equity, who can afford to sell; and those who are underwater, and can’t. The ones who can afford to sell, are — but...
Read More

Archives