Exactly What Part is “Partial?” I certainly know what a “partial basement” is. At least in the Twin Cities, that often goes with a pre-1900 structure, and is commonly made of limestone. On the other hand, I have no idea what a “partial bathroom” is (and certainly wouldn’t want to use one!). That was the term...Read More
High Profile Agents (and Their Business Models) If working with a Realtor with a huge ego is a deal breaker, you’re in luck: there’s an easy way to identify such agents. Just look up when you’re out and about driving (but only for a second 🙂 ). Hands Off (or is that, “Hand Off??”) At least...Read More
From 12 Photos to 16 to 24 to ???? Thankfully, the new listing sporting those 59(!) photos (see lower left corner of photo, above) is an upper bracket home — a Wayzata condo that just came on the market for $3.5 million, in fact — that can actually take advantage of the new, unlimited number of photos...Read More
Retail vs. Wholesale Open Houses One of the best, early omens for a new listing is when agents leaving the Broker Open casually toss off compliments like “nice listing,” “good job!,” or simply “congratulations.” What’s another? When several newer, less experienced agents contact you, asking if they can hold a weekend open house at your...Read More
The Case For — and Against In a microcosm, the considerations for doing an open house over Memorial Day weekend are the same as for deciding whether to list a home during a traditionally slow time of the year (like around the holidays). Here’s how the arguments shape up: Pros: –Not much competition from other open...Read More
No Takers (at least, not yet) It’s certainly an understandable request from a frustrated homeowner whose home isn’t selling: spend more on print advertising, specifically ads in local or even national publications. Unfortunately, veteran Realtors know — even if their clients don’t — that that’s not how homes are sold these days (the local MLS, search...Read More