1. You see how it works in awful weather, do we need to explain that one? 2. No multiple offers. While your friends are binge-watching you can scoop a win because there is less competition in a snowstorm. 3. Listing agents are lonely. Only the hearty show up for open houses when it is negative 9 degrees and snowing. They appreciate you all the more.
Give me a jingle, Hop in, let's go dashing through the snow and … (1 comments)
home selling: Is It Really a Seller’s Market?
- 02/21/18 07:32 AM
There were 235 new listings on the market in the Northstar MLS, Feb. 19. Total single family listings throughout the Twin Cities is over 5000, so 235 might not sound like a lot for one day. There is snow on the ground, and we’re still shoveling out, but we’re in a spring market. During the fall I watched as new listings came on, and sold in a heartbeat. Because we have a shortage of listings we assume that everything sells in multiple offers, and within hours. We prepare buyers to write strong offers and counsel them that they might have to write … (1 comments)
home selling: 7 Tips to Win in Multiple Offers
- 03/13/17 12:31 PM
A couple weeks ago I showed a home in NE Minneapolis whose owners had spent months preparing for the sale. The photos were from last summer. That means that they meticulously planned every corner and cranny since then. There was a constant stream of buyers. That evening I received an email from the listing agent, “Thank you for your patience while we comb through 28 offers.”
The next weekend I showed a similar smaller home, and the 27 who weren’t the winner last week showed up on a Saturday morning to try again. There were 14 offers on that home. Last week … (6 comments)
home selling: A Sellers Market isn't a Magic Lantern
- 02/15/17 11:04 AM
During the real estate boom from 2000-2006, sellers got a little lazy. Put a sign in the yard, and they will come. They weren’t too worried about how the house looked, or fixing minor repairs because they expected multiple offers and could choose from the pile. When the recession hit, even great houses sold below price and buyers seemed to triple repair estimates demanding price reductions. There was a period in 2008-2010 when every buyer wanted an $80,000 house. Their expectation was that it was worth $250,000, and they wound up buying $160,000 thinking that there was something better was waiting. Fast forward … (4 comments)
We're on the fringe of March and we're still facing mountains of snow. However, there are some spectacular move in ready new homes with special offers and perks. 
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