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Twin Cities Realtors

The Stock Market & “The Shoeshine Boy Indicator” (Or is that “Uber Driver?”)

Bullish and Bearish Bellwethers Just before the 1929 crash, Joseph Kennedy (father of President John F.) was supposed to have dumped all his stocks because a Wall Street shoeshine boy started giving him stock tips. Kennedy reasoned that, if even shoeshine boys were playing the market, there was no remaining, untapped demand to support stock...
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Estimated Home Values According to CoreLogic, or, “Throwing Darts By Any Other Name”

  Estimates So Broad You Could Drive a Truck Through Them [Editor’s Note: The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway, or any other entity referenced.] RealAVM:  $859,828 RealAVM Range:  $662,068 to $1,057,588 Confidence Score:  66 Forecast Standard Deviation:  23 –Excerpt, MLS If you only...
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“Smile! You’re on Candid Camera!”

Home Buyer — and Buyer’s Agent — Beware According to reliable sources (as they say), it’s officially now happened at least twice in the Twin Cities:  a homeowner with electronic monitoring eavesdropped on Buyers viewing their home during a showing — and what they overheard influenced their selling decision. Surprisingly, the overheard comments cut both...
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Ghost in the Shower? Nah, Just the Listing Agent/Photographer

Amateur vs. Professional Photography If you look very carefully, you’ll see the silhouette of a person reflected in the glass shower door. Wanna guess who? My bet is that it’s the listing agent (representing the Seller), who’s taking their own shots (vs. hiring a professional photographer). A pro would have avoided taking a photo with...
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The Most Stressed Member of the Seller’s Household

Perplexed Fido:  “What . . . What’s . . . Happening?!?” As stressful as selling a home and moving to another is for people . . . it can be even more so for family pets. The obvious reason:  there’s no way to explain to them what’s happening (at least that I know). The cure?...
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Mpls. St. Paul Magazine Announces 2016 “Super Real Estate Agent” Nominations

Three-Peat . . . x 3!! I’m delighted to report that I’ve been nominated as a 2016 Mpls. St. Paul Magazine “Super Real Estate Agent.” The award is jointly sponsored by Mpls. St. Paul Magazine and Twin Cities Business; an independent research company, Crescendo Business Services, makes the selections based on polling the two magazines’ subscribers plus 20,000...
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