Tag

sale price

On Sale? Yes. Cheap? Not Exactly.

Morel Mushrooms at The Wedge for 33% Off The distinction between “on sale” and “cheap” is nicely illustrated by the morel mushrooms currently on sale for $39.99/lb.(!) at The Wedge Co-op on Lyndale in Minneapolis. And yes, the principle is frequently on display in residential real estate sales. Unfortunately, neither the Kaplan family budget nor...
Read More

What Should the Seller Say?

After the Purchase Agreement is Signed, But Before Closing Loose lips may not sink (housing) ships — but they can cost a Seller money. That’s especially true if their home’s ultimate sales price was (well) below the last asking (list) price, and the deal subsequently doesn’t close. Funny how, in that rare-but-unhappy scenario, the discounted...
Read More

“So, What’d They Get??”

“Only Their Hairdressers Realtors Know For Sure”* When you see the “For Sale” sign disappear in front of a home, the presumption — amongst Realtors and non-Realtors alike — is that the house closed, and that the sales price is now a matter of public record. Which prompts non-Realtors to ask Realtors what it sold for....
Read More

Realtor Rumors & Tall Tales

“It Was THIS Big! No, It Was THIS Big!” First, stipulate that Realtors as a group are a talkative bunch. Then, consider that listing agents (at least good ones) hold any sales details very close to the vest — at least until closing. The result is an active rumor mill surrounding the status and disposition...
Read More

Archives