Make That, 25(!) Showings When you think of homes that are the subject of bidding wars (multiple offers), what comes to mind? Gorgeous homes in mint condition with stunning curb appeal, right? Sometimes. But, just as often, homes that attract multiple offers are relatively unassuming — they’re just priced and marketed (very) well, located in...Read More
Hungry Twin Cities Buyers Face Limited Inventory Want to know what’s going on in the Twin Cities housing market now in a nutshell? It’s all in the arrows: Employment/Job Growth: ↑ Housing Inventory (Listings): ↓ Showings: ↑ Mortgage Rates: ↓ Mortgage Applications: ↑ Rents: ↑ Net it all out, and what emerges is a picture of...Read More
Guilt-Free Day Off Today may very well be the climactic day of the year for retail shopping. But, it’s a day off for most Realtors. Edina Realty is officially closed, as are all other major brokers. Going Against the Grain With so many (all?) offices closed today, it can be tough for agents who don’t...Read More
(But, You Have to Be a Realtor) So, how does a Realtor know if a home is vacant? (assuming the online photos don’t give it away first). When they request a showing, they receive an approval automatically (the Buyer’s agent gets an email confirmation in less than 2 seconds). By contrast, “For Sale” homes that...Read More
“You WILL Like This House.” “You WILL Like This House.” “You WILL Like . . . “ Way back when, I commented (approvingly) on the listing agent (representing the Seller) whose lockbox code was “W-O-W.” Even better (and more obvious) was the Minnetonka home I previewed for a client yesterday, with the lockbox code “B-U-Y.” See...Read More
Not All Listings Are Created Equal Notwithstanding fairly steady Fall listing and selling activity, there is a perception afoot amongst many Twin Cities Realtors now that the market is deceptively slow. How can that be? Here’s one theory: while showings statistics overall are flat to slightly down, they’re unusually concentrated amongst a relatively small percentage of...Read More
