lowball offers: What is a Lowball Offer in a Hot Real Estate Market? - 04/28/17 07:25 PM
 
It is a very hot real estate market with extremely low inventory. So a savvy buyer wants to impress, not insult the seller of their dream home. So what initial offer can insulting to a home seller? 10% less than asking? 5% less? A full priced offer with 3% of buyer's closing costs paid by the seller?
When housing inventory is as tight as it right now across the Minneapolis/St. Paul area, what is considered a "lowball offer" might be less than you think.
 
As a REALTOR® in the north and east Twin Cities metro, I have seen my share of sellers … (4 comments)

lowball offers: It's a Buyer’s Market—Why You Shouldn't Necessarily Give a Lowball Offer - 04/22/07 01:46 AM
In Minnesota, we are currently experiencing a buyer's market. There are many more homes for sale than buyers in the Twin Cities market right now.
As a Realtor working in the northeast metro, I can pinpoint homes in neighborhoods throughout Anoka and Chisago Counties that haven't sold after being on the market for several months. Communities north of the Forest Lake and Ham Lake areas that were booming a few years ago, like Stacy, Linwood and North Branch are experiencing a tremendous slow down. From Hugo to Lino Lakes, acreage properties and lake homes aren't exempt from the slowdown. There are … (17 comments)

 
Teri Eckholm, REALTOR Serving Mpls/St Paul North & East Metro (Boardman Realty)

Teri Eckholm

REALTOR Serving Mpls/St Paul North & East Metro

White Bear Lake, MN

More about me…

Boardman Realty

Address: 213 E 4th Street, 4th Floor #426, St Paul, MN, 55101

Mobile: (651) 336-7073

Theresa "Teri" Eckholm/Boardman Realty assists Minnesotans to find their way home with helpful tips and quality service. Dedication to customer service has made Teri the REALTOR® of choice for families in Blaine, Forest Lake, Ham Lake, Lino Lakes and Wyoming areas. Licensed in MN.










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