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Twin Cities blog

How (at Least Some) Minnesota Realtors Spend New Year’s Eve

Can You Say, “Great Customer Service?” What do you do when your client is away for the day, and you have not one but two scheduled showings? And, thanks to icy conditions, the home’s front walk is especially treacherous? If you’re Edina Realty – City Lakes agent Susan Anderson, you show up at your client’s with...
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Odd Arithmetic: the In’s & Out’s — and Pluses & Minuses — of Pricing Residential Real Estate

Real Estate Vocabulary #101 At least when it comes to residential real estate, when is a positive a negative, and a negative a positive? Answer:  when it comes to doing a Comparative Market Analysis (“CMA”), the tool Realtors — as well as appraisers — use to estimate a property’s fair market value. CMA Math So,...
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“Stunning Home Only Available Due to Seller Relocation”

Telling Buyers Why the Owner is Selling You see it all the time on MLS:  a listing agent who trumpets that a home is “only available due to Seller relocation.” Such verbiage is: A. Smart marketing, because it lets prospective Buyers know why the property is available. B. Neither a marketing plus nor minus. C. A violation of...
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Man Chairs, Man Caves, and a Little Boutique Shopping (in Nashville!)

No, a “man chair” isn’t what you sit on in a man cave. It’s the chair designated for the male of the species while their better halves — or in this case, my daughter — do a little (OK, a lot of) boutique shopping. The shop in question was Pauli’s Place Boutique* in very trendy...
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Real Estate Typos: What Do You Call the Check That Goes With the Purchase Agreement?

“Earnest Money” vs. “Ernest Money” If your first name is Ernest and you were buying a house, I suppose the check you wrote to go with the Purchase Agreement could be called “Ernest money.” However, for everyone else, the proper term is “earnest money.”  🙂 Definition For those not familiar with earnest money, think of...
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Agent Without Client = Preview. Client Without Agent = ???

Agent to Buyer:  “Stop By That New Listing on Broker Tour Tomorrow” When an agent looks at a home without their client in tow, it’s known as a “Preview.” See, “Proper (and Improper) Uses of Realtor Previews.” That’s in contrast to a “showing,” which is when the agent and client view a home together. So, what...
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