Belated Happy 4th of July! I don’t believe that this photo was actually on MLS before July 4 — I just noticed it over the weekend. And, I don’t know whether that flag/carpet — in front of a $1.315 million “for sale” home near Minneapolis’ Cedar Lake — is real or virtual. But, it’s certainly eye-catching!Read More
“Spectacular Estate on Nearly 4 Acres” No, boom shots — aerial shots if they’re taken from a plane (drone??) — aren’t cheap. But, neither are the homes they’re marketing. Which is kind of the point. Instead of merely telling prospective Buyers that this 7 BR/8 Bath home (above) sits on nearly four acres, the photo...Read More
Photos That Are One Season (or More) Behind Why does it matter when a home originally listed? Because price varies (negatively) as a function of market time. Translation: owners have the most pricing power soon after their home debuts on the market, and gradually lose leverage thereafter. Cockroaches & Dated Photos So, looking at the...Read More
Are Two “For Sale” Signs Better Than One? Not if the Home is Overpriced What do you do if the home you have listed on a busy street isn’t selling (because it’s overpriced), and the owner won’t agree to a price reduction? (note: it’s not my listing). In the case of a Cape Cod currently...Read More
Cheapskate Listing Agent — But Honest (Sort of) I’m sure it’s not the first time that a “successor” agent has taken over an expired or cancelled listing from the incumbent agent, and re-used their photos. But, I’ve never seen the new agent disclose that fact — albeit in the “Agent” (vs. “Public”) Remarks section on...Read More
“Garage: One Parking Space” –excerpt, MLS listing for downtown St. Paul condo I remember living in New York in the late ’90’s, and eating gyros at a Greek diner near Columbus Circle. When I asked the waiter if I could get some extra Pita bread, he responded with a hearty, “Of course!,” and promptly brought...Read More
