Realtor Shorthand for Minneapolis Neighborhoods A knowledgeable Twin Cities Buyer’s agent would never say they had a client looking for a home near Lake Harriet in Minneapolis (“Lake Harriet-ish,” I suppose). Instead, they’d name the various neighborhoods adjacent to it: Linden Hills, Lynnhurst, East Harriet, and Fulton (just to the southwest) — each with (surprisingly)...Read More
Clues to Home’s Condition: Seller’s Financing Terms “Seller Terms: FHA, FHA Rehab 203k, DVA, Conventional, Adj. Rate/Gr Payment, Special Funding, Cash.” –MLS listing Can you spot the yellow flag in the preceding list of financing options? No rule of thumb is 100%, but the vast majority of the time, when the Seller’s financing terms include...Read More
Strategic Use of Showing Feedback Forms It can be a conundrum for both Buyers’ agents and listing agents (representing Sellers): a new-to-market property in a hot neighborhood looks like it’s going to sell quickly, and everyone wants to know what’s going on. Without overplaying their hand. As a listing agent, it’s presumptuous to call an...Read More
