Three Scenarios Wait a second ” when an otherwise well-prepped and marketed home isn’t selling, don’t listing agents try to get home sellers to reduce their price? And don’t most home sellers stubbornly resist, no matter how compelling the Realtor’s market data (or underwhelming Buyers’ interest)? Well . . . usually. But there are exceptions...Read More
Seller Semantics “As I am smoking . . . I don’t expect to be thanked.” —What John Hurt’s character ” in “Love and Death on Long Island” (1997) ” says to the cab driver, when the latter points to the cab’s “Thank You For Not Smoking” sign, and asks Hurt to extinguish his cigarette. Shortly after showing their client a new-on-the...Read More
When to Hold Onto an Offer, Or, It Takes Two (**Four?) to Tango The first question a Buyer’s agent contemplating writing an offer this weekend should ask is, “is there anyone around to receive it* (and then respond)? Assuming the answer is “no,” either because the listing agent and/or homeowner are unavailable, what do you...Read More
Five Job Duties In “Realtor Job Description,” I summarized what good agents do in their capacity as a “Listing agent” (representing Sellers) and as a “Buyer’s agent” representing . . . . (obvious, right? Except that after closing, the Buyer’s Agent is referred to as the “Selling agent”). In this post, I’ll discuss modern Realtors’ five...Read More
Role Reversal [Editor’s Note: Thanks to Edina Realty colleague Kathy Dick for her contribution to the following post.] Wait a second — don’t Realtors try to get home sellers to reduce their price? And don’t most home sellers stubbornly resist, no matter how compelling the Realtor’s market data (or underwhelming Buyers’ interest)? Well . . ....Read More
