Realtor Payday Roller Coaster December, January, and February may be the rainy season in Florida, but it’s very definitely the dry season for Realtors. Especially Minnesota Realtors. That’s because from Thanksgiving through the Super Bowl is typically the slowest (chilliest?) time of the year for the local housing market. Because most transactions (at least in Minnesota) close six...Read More
Overpriced + Fat Payout = Overpriced Can a whopper of an agent bonus move what appears to be an overpriced listing? This South Minneapolis duplex (pictured above) would certainly seem to be an excellent test case. Listed Friday for $430,000, what jumped about the listing — besides the modest curb appeal and aggressive asking price...Read More
Defying the Laws of Supply & Demand The post office wants to increase the price of a stamp by 2 cents to 46 cents starting in January. The agency has been battered by losses and declining mail volume. –“Postal Office Seeks 2-Cent Increase in Stamp Prices“; The NY Times (7/6/10) Let’s see . . ....Read More
Want More Showings? Dangle a Fatter Carrot In a culture — and economy — where getting the best possible price is practically a religion (if not a budgeting necessity), why should home sellers consider paying their Realtor a higher commission? Because they might actually make more money that way. That’s because Realtors who charge more...Read More
