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minneapolis: Testimonials are Great, but Pending Sales and Solds are Even Better - 03/08/12 11:53 AM
Testimonials are Great, but Pending Sales and Solds are Even Better
We all love client testimonials. When a transaction is concluded successfully, it's gratifying to come away from a closing with kudos from a client, in addition to that commission check.
For example, here's an endorsement from a fellow whose waterfront home I sold two years ago.
“As usual your marketing talents exceed expectations. Thanks!”
We were able to find him a great buyer and got his home sold at a price that surprised the seller, as well as a few area competitors. He's now preparing to list his Minneapolis area home for … (1 comments)
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minneapolis: Madeline Island – How to Get Here - 01/15/12 11:49 PM
Madeline Island – How to Get Here
I have lots of real estate friends all over the United States (and a few overseas) who periodically write me and say “love your photos of Madeline Island. Where exactly is this place?”
So I figured the best way to explain where our northwest Wisconsin office is located would be to blog about it.
The location of Madeline Island is pinpointed by a red arrow on the map below, which includes most of the continental U.S. Our Island is located on the south shore of Lake Superior in the Apostle Islands, close … (0 comments)
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minneapolis: More Reasons Why Choosing the Right MLS Can be Crucial if you Want your Madeline Island Home to Sell - 12/25/11 11:17 PM
More Reasons Why Choosing the Right MLS Can be Crucial if you Want your Madeline Island Home to Sell
[Household income and median home price figures provided below come from the most recent United States Census data. MLS participation numbers from NAR Realtors Property Resource website.]
Hennepin County (where NorthstarMLS originates) median household income: $61,651
Median home price in Hennepin County (MN): $248,600
Hennepin County, Minnesota(NorthstarMLS) participant members: 13,500
Now let's compare the NorthstarMLS primary service area with that of SAAR..
Douglas County Wisconsin (where SAAR originates) median Household income: $42,656
That's 69% of the median income for Hennepin County, Minnesota
… (0 comments)
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minneapolis: NAR's Yun Blames Inflated Sales Figures on Duplicate Counting of Closed Sales - 12/18/11 06:00 PM
NAR's Lawrence Yun Blames Inflated Sales Figures on Duplicate Counting of Closed Sales
The National Association of Realtors revealed this week that estimates of previously-owned home sales have been inflated, due in part to "double counting".
The practice of double counting can be attributed to multiple MLSs reporting the same closed sale. NAR Chief Economist Lawrence Yun mentioned the Denver, Colorado area real estate market as an example of duplicate reporting of home sales.
We see the same situation in northwest Wisconsin, where some properties appear on multiple MLS systems. In an area like ours, it isn't uncommon for agents and brokers … (110 comments)
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minneapolis: Top Posts of 2011 - Wayzata Lakes Realty - Minneapolis and Saint Paul Metro Area Real Estate Blog - 12/18/11 03:09 PM
Top Posts of 2011 - Wayzata Lakes Realty - Minneapolis and Saint Paul Metro Area Real Estate Blog
Now that December is nearly over, it's time to take a brief look back at the year 2011. I decided to assemble a brief list of our favorite (and most read) posts from the Wayzata Lakes Realty Minneapolis and Saint Paul Metro Area Real Estate Blog.
As many of my readers are aware, I maintain two ActiveRain blogs, one for my Wisconsin company (Madeline Island Real Estate Blog) and the other for my Minneapolis and Saint Paul area company (Wayzata Lakes Realty). … (0 comments)
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minneapolis: Why You Should Consider Buying an Income Producing Property on Madeline Island - 11/27/11 12:07 AM
Why You Should Consider Buying an Income Producing Property on Madeline Island
Our Madeline Island community is unique in many ways, but maybe one of the most significant features of our Island is the shortage of commercial lodging available in what is widely regarded as a resort and recreational community.
Back in 2006, when we sold the Madeline Island Motel on Colonel Woods Avenue, that facility was the largest motel operation on the Island. And since 2006, there has been a conspicuous lack of large-scale hotel/motel construction on Madeline Island.
Visitors rely on other lodging resources if they wish … (0 comments)
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minneapolis: A Ray of Economic Hope from Across the Border - Minnesota Jobless Rate Drops in October - 11/20/11 11:47 PM
A Ray of Economic Hope from Across the Border - Minnesota Jobless Rate Drops in October
The Minneapolis Star Tribune reported Thursday that the jobless rate in Minnesota fell .5% in October, from 6.9% to 6.4%.
Why is this good news for home sellers on Madeline Island?
Because over three-fourths of prospective buyers in our zip code (54850) come from the State of Minnesota. A significant majority of Madeline Island second home owners come from the Minneapolis - Saint Paul metro area.
It won't bring immediate relief, but good economic news from a neighboring state can mean more buyers, particularly in … (2 comments)
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minneapolis: The Market May Be Bottoming Out, but Not All Sellers Have Gotten the Message - 10/29/11 11:58 AM
The Market May Be Bottoming Out, but Not All Sellers Have Gotten the Message
I read a local newspaper article the other day which speculates that "a market bottom has formed" in the Madeline Island Real Estate market. If one examines closed sales, that may be a valid conclusion, but the vast majority of sellers probably haven't figured that out yet.
List prices have dropped over the past year, but the transition to better pricing has been fairly recent. There still seems to be a lot of seller unreality about pricing.
Just a couple years ago, I remember a heated discussion … (3 comments)
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minneapolis: A Referral From Minneapolis Real Estate Agent Cotty Lowry Shows Why Other Real Estate Professionals Choose Madeline Island Realty - 09/25/11 12:00 PM
A Referral From Minneapolis Real Estate Agent Cotty Lowry Shows Why Other Real Estate Professionals Choose Madeline Island Realty
At the beginning of August, I received a phone call from Minneapolis area Realtor Cotty Lowry, inquiring about a Madeline Island property owned by one of his clients.
Cotty Lowry is a well-known and much respected Realtor in the Twin Cities area who specializes in the south Minneapolis area. He enjoyed a stellar career as a residential Realtor with Coldwell Banker Burnet, becoming one of the top 40 sales associates at that firm in 2002. Cotty is now a partner and owner with the Minneapolis … (0 comments)
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minneapolis: Real Estate Broker and Instructor Eric Kodner to teach the NAR "At Home With Diversity" Course in Minneapolis, October 13, 2011 - 09/11/11 01:25 AM
Real Estate Broker and Instructor Eric Kodner to teach the NAR "At Home With Diversity" Course in Minneapolis, October 13, 2011
Wisconsin and Minnesota Real Estate Broker Eric Kodner will present the National Association of Realtors "At Home With Diversity" course in the Minneapolis - Saint Paul area on October 13, 2011.
Kodner has been an instructor for the NAR-approved AHWD course since early 2010. He presented the course twice in 2010 at the Wisconsin Realtors Association (WRA) in Madison. He is the Managing Broker and owner of Madeline Island Realty in La Pointe, Wisconsin.
The October 13 course will be … (0 comments)
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minneapolis: Another Home SOLD by Broker Eric Kodner - 5230 Circle Down, Golden Valley, Minnesota 55416 - 08/05/11 11:17 PM
Another Home SOLD by Broker Eric Kodner - 5230 Circle Down, Golden Valley, Minnesota 55416
Two closings in two weeks! This four bedroom, three bath home closed on July 22nd and on August 2nd, we closed the purchase of 3342 Big Bay Road, LaPointe, Wisconsin 54850.
Both buyers were procured by Broker Eric Kodner (612.670.2539) with Wayzata Lakes Realty and Madeline Island Realty.
5230 Circle Down is a large four bedroom, three bath home in a prime location, close to downtown Minneapolis and just off Highway 100 in Golden Valley. Large secluded yard with flower garden, patio and mature … (2 comments)
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minneapolis: PRESS RELEASE - WISCONSIN REALTOR ERIC KODNER NAMED 2012 CHAIR OF WISCONSIN REALTORS ASSOCIATION EQUAL OPPORTUNITY IN HOUSING COMMITTEE - 07/23/11 04:09 PM
WISCONSIN REALTOR ERIC KODNER NAMED 2012 CHAIR OF
WISCONSIN REALTORS ASSOCIATION
EQUAL OPPORTUNITY IN HOUSING COMMITTEE
Madison, Wisconsin (July 9, 2011) – Realtor Eric Kodner with Madeline Island Realty in LaPointe, Wisconsin and with Wayzata Lakes Realty in Minneapolis, Minnesota has been named 2012 Chair of the Wisconsin Realtors Association Equal Opportunity in Housing Committee by WRA Chair-Elect Robert Keefe.
A real estate broker in Wisconsin and Minnesota, Kodner becomes the first Madeline Island real estate licensee to chair a WRA State Committee. He has served on the WRA Equal Opportunity in Housing Committee since the … (1 comments)
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minneapolis: Will Your Agent Drive 250 Miles to Write Your Offer On a Madeline Island Home? - 07/19/11 11:12 AM
WILL YOUR AGENT DRIVE 250 MILES TO WRITE YOUR OFFER ON A MADELINE ISLAND HOME?
We do this all the time. Last week, I drove four and a half hours, from Madeline Island to Minneapolis, to write an offer on a Madeline Island home.
Sure, this could have been done over the phone or by email, or by fax. But the crafting of an offer that accurately reflects a buyer's wishes takes time and is best done in person.
So I caught a 4:30 pm ferry from La Pointe to Bayfield, Wisconsin and finally rolled into downtown Minneapolis around … (2 comments)
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minneapolis: The "Hire a Local Agent" Myth - 11/17/10 09:02 PM
THE "HIRE A LOCAL AGENT" MYTH
One of my competitors is fond of telling visitors to his office that his real estate office is "open year-round". He also tells customers that they should always "hire a local agent".
Uh-huh.
Last Friday, I was in Bayfield, Wisconsin for a closing and afterward I took the Madeline Island Ferry to LaPointe. I arrived on Madeline Island at around 3 pm and stopped by a few competitors' offices. Guess what? Not one of those real estate offices were open. Nope, not a single one.
I called one of my competitors, who also happens to be a friend … (15 comments)
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minneapolis: Yes, We do Open Houses - A Quality Virtual Tour is a 24/7 Open House, 365 Days a Year - 09/05/10 11:23 PM
One of my competitors on Madeline Island is sitting at an old-fashioned "Open House" today. He was there last weekend too, diligently waiting for people to walk in off the street and look at his listing. I'm told he had a total of four visitors last Saturday.
The problem with those old-fashioned Open Houses is that they rely upon drive-by prospects to notice the "Open" sign. Hopefully, those drive-by folks will overcome their nervousness about being face-to-face with an agent and then they'll actually stop the car and go inside.
Four viewings in five hours is a pretty slow and inefficient way to market a house, in my … (9 comments)
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minneapolis: You See Any Golden Arches in Front of my Office? - 09/03/10 12:06 AM
In a resort/recreational community, consumers often expect to walk into most real estate offices on impulse. And when you run a real estate office in a recreational area, you can expect your office to be occasionally a place where folks come in to ask for directions or even a substitute for a local FedEx or Insty-Prints shop.
Walk-ins ask us where to get a good meal, where to buy gasoline, where to rent a sailboat, sometimes asking us where to spend the night. We hand out ferry schedules, give directions to restaurants and shops, and draw maps for people who are lost. We let … (6 comments)
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minneapolis: A Tripod is Still a Vitally Important Piece of Equipment for Best Results in Real Estate Photography - 07/25/10 06:23 PM
Let's talk tripods.
Until someone figures out how to develop image stabilization that works well in all situations, photographic tripods will still be around. In low light and for shots where you want a level horizon, a tripod is essential. Yeah, you can level the horizon later on in most photo editing software, but you'll need to crop and you'll lose frame width.
The place where I see tripods least often used, and most often needed, is in video tours for real estate. Going handheld with a videocamera when shooting a home tour is pretty unwise. No one enjoys watching a jittery, bouncy image … (2 comments)
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minneapolis: Minneapolis Photographer Steve McHugh Creates New Bell Street Art Gallery on Madeline Island - 01/01/09 06:42 PM
The summer of 2009 will bring the opening of a new art gallery on Madeline Island.
The Bell Street Gallery is the creation of Steve McHugh, a well-known professional photographer from Minneapolis, Minnesota. Steve has been a Madeline Island summer resident for nearly two years now.
Steve saw one of our commercial listings, located at 807 Bell Street, this past summer. He was able to look beyond the rustic facade and the bright red paint job that adorned the building. Steve and his wife Mary fell in love with the location and the property's commercial potential, so they purchased the property in October … (6 comments)
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minneapolis: Skip the Bong & Blatnik bridges in Duluth - taking the Highway 39 bridge route via Oliver to Superior, Wisconsin and beyond - 05/31/08 09:46 PM
If you're headed north on Interstate 35 from Minneapolis - Saint Paul toward Duluth and plan to cross over into Wisconsin, here are alternate routes you may want to try over the congested Fourth of July weekend.
[NOTE: I drive back and forth to and from Madeline Island from the Twin Cities quite a bit, and scenic routes like these can really make the trip more serene and fun!]
Instead of taking the Bong Bridge (Interstate Highway 2) into Wisconsin, take the Minnesota 210 exit near Black Bear Casino and head east through Carlton, Minnesota. This route takes you past the Thomson Hydroelectric Dam site and … (0 comments)
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minneapolis: Blogging On The Road In Northwest Wisconsin - 05/07/08 04:51 AM
Tonight I'm tapping this out on my laptop in the car, at a wayside rest stop on the east end of Superior, Wisconsin. It's about 4:45 a.m. and I drove up here from Minneapolis late last evening, a trip of about 160 miles. I'm on my way to Port Wing to show one of my listings there, a $1,150,000 log home on Lake Superior.
Thanks to the "miracle of technology" (a small wireless modem that plugs into a USB port in my laptop), I'm able to get on the Web anywhere I can get a cellphone signal. My rule of thumb … (20 comments)
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Eric Kodner CRS, Madeline Island Realty, LaPointe, WI 54850 - Lake Superior
La Pointe,
WI
More about me…
Madeline Island Realty - Eric Kodner Sells Madeline Island
Address: 809 Main Street, Box 553, LaPointe, WI, 54850
Office Phone: (715) 747-6500
Cell Phone: (612) 670-2539
Email Me
Information and insights about the Madeline Island real estate marketplace
351 Old Fort Road, LaPointe, Wisconsin 54850
Overview
Maps
Photos
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| $1,799,900 |
| Single Family Home |
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Main Features
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6 Bedrooms
4 Bathrooms
3 Partial Bathrooms
4 Units
Interior: 6416 sqft
Lot: 10.50 acre(s)
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Location
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351 Old Fort Road
LaPointe, WI 54850
USA
To get updates on open home dates and other property events, please click the "Like" button below:
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Eric M Kodner
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Our recent listings
351 Old Fort Road, LaPointe, Wisconsin 548502865 North Shore Road, LaPointe, WI 548504121 Chippewa Trail, LaPointe, Wisconsin - Madeline Island Waterfront Lot2650 North Shore Road, Madeline Island, LaPointe, Wisconsin 54850 - Ashland County4820 Markay Ridge, Golden Valley, Minnesota 55422
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7401 Hyde Park Drive, Edina, MN 55439
Overview
Maps
Photos
Features
Video
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| $434,000 |
| Single Family Home |
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Main Features
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4 Bedrooms
3 Bathrooms
Interior: 2,891 sqft
Lot: 0.32 acre(s)
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Location
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7401 Hyde Park Drive
Edina, MN 55439
USA
To get updates on open home dates and other property events, please click the "Like" button below:
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Eric M Kodner
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10405 Portland Avenue South, Bloomington MN 55420
Overview
Maps
Photos
Features
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| $239,900 |
| Single Family Home |
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Main Features
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2 Bedrooms
1 Bathroom
1 Partial Bathroom
Interior: 1,824 sqft
Lot: 0.44 acre(s)
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Location
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10405 Portland Avenue South
Bloomington, MN 55420
USA
To get updates on open home dates and other property events, please click the "Like" button below:
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Eric M Kodner
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 Listings
Links
Archives
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