“Ghost” For Sale Signs A “new listing” is self-explanatory. A “pre-list” is a Realtor drumming up interest in a soon-to-debut home (unfortunately, some Twin Cities agents now define “soon” as, “in the next six months”). So, what’s a “post-listing?” Answer (at least, mine): a “For Sale” sign post left in the front yard, after the house sale has closed. The depressing-but-true explanation: ...Read More
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
Powell Succeeds Yellen as Fed Reserve Chair “In Friday pre-trading, the yield on the benchmark 10-year Treasury note rose to 2.854%, the highest intraday level since January 2014.” –“Dow Set for Its Biggest Weekly Fall in Two Years“; The Wall Street Journal (2/2/18). It had to happen. With the stock market making record highs, and...Read More
Snow Day!! ( . . . and Night??) Professional photographers can digitally compensate for many weather conditions, less-than-ideal light, etc. But, near-white out conditions are the exception. Which is why my scheduled photo shoot near Cedar Lake this afternoon is a scrub. Ditto, apparently, for many Twin Cities schools today, virtually all local after-school activities,...Read More
Proof That High Pressure Sales Tactics Don’t Work At least in my experience, the odds of any one showing leading to a consummated transaction are perhaps 1 in 10. The exception to that? If the Buyer’s agent is headed to the airport, or otherwise under acute time pressure. When that’s the case, I’d estimate that...Read More
