Realtor-Speak, Translated I don’t know about other listing agents (representing Sellers), but I have to suppress an eye roll when, following a showing, the Buyer’s agent contacts me and asks to be “kept in the loop” if something happens. That “something,” of course, is another offer. Sometimes, Buyers need a day or two to put...Read More
“You Know One When You See One” “The race is not to the swift, nor the battle to the strong ” but that’s the way to bet.” -—Ecclesiastes (with an assist from Damon Runyon). For the benefit of non-Realtors, here’s a “Top Ten” List of ways that Realtors know that a home Buyer is serious....Read More
Realtor Showings, Previews, and “Quasi-Showings” A Realtor showing is straightforward: it’s when an agent privately takes their client through a “For Sale” property. Just the Realtor and client (no homeowner), usually for an hour — much less, if it’s a “pass” for the client. Similarly, a public open house is self-explanatory: it’s when agents throw...Read More
Potential Buyer Inspection Issue [Editor’s Note: Seller liability for ice dams and other home issues is case-specific, and affected by local and state law. For legal advice, please contact an attorney.] While the Twin Cities is already on its 3rd (5th?) blast of arctic air this season, there’s been precious little snow (in fact, the...Read More
Counting Down to December 31 December 29 At least for Buyers’ agents, the answer to the question, “should I close on my home purchase in 2017, before any new tax laws take effect?” is easy: “consult your tax advisor.” Fortunately, agents are able to field a related question: “is it still possible to close in 2017?” Closing Hurdles Whether a 2017 close...Read More
How to Tell Where the Fish Buyers are Biting (or at least, looking) As a listing agent counseling a Seller about where to initially price — or, if necessary — reduce to, a key step is to know where the competition is priced. The goal: position the client’s home to stand out. But, what if there was a way...Read More
