Best (& Worst) Local Cities for Realtors Just like people, some cities have their act together, some don’t. Ranking very high in the former category: the city of Edina. Admittedly, it’s not the most important thing for Realtors (or their clients), but it does come up. Examples include: getting information about zoning and building permits;...Read More
By Popular Demand? The first item in today’s online newsletter from the Minnesota Association of Realtors is a YouTube video titled, “Filing an Ethics Complaint.” Quick Summary: it’s easier than you think. Two educated guesses: 1) there are a lot of seething Realtors (and non-Realtors) out there at the moment; 2) the vast majority are...Read More
Target Market: Former Realtors If you’re over 30 years old, and are a fan of Reese’s peanut butter cups, you may be remember their classic ad campaign from the ’70’s and ’80’s. The ads showed two people, one eating peanut butter and one eating chocolate, colliding. One person would say, “you got peanut butter in...Read More
Realtors & Buyer’s Markets: Feeling Sellers’ Pain It was the best of times, it was the worst of times.–Charles Dickens In a Buyer’s market, Sellers’ pain is Buyers’ gain. And the vast majority of Buyers today are represented by Realtors, too (acting as a Buyer’s Representative). So it seems fair to ask: Why isn’t a...Read More
Where: 37XX 17th Ave. South, Minneapolis What: 4 BR/2 BA, 2,386 FSF When: on market, April 3; closed, May 22; days on market: 2 How much: list price – $88,900; sold price – $121,000 Want an example of a too-cheap foreclosure setting off a feeding frenzy? This spacious 1 1/2 story (much bigger than it...Read More
“For Sale” Homes, Wine, & First-Run Movies Some things become richer and more valuable with time. Fine wine. Love. Collectibles like antique cars or rare paintings. A home for sale isn’t one of those things. Rather, a home on the market is like a newly released movie. The most fanfare accompanies the “premiere,” when the...Read More
