When it comes to buying and selling real estate, I truly believe
experience does matter because no 2 transactions are alike. I have been a
full time real estate agent since July 19, 1985 with 928 closed sales
to date. I am also the longest full time real estate agent residing in
the same community I have loved since 1958, Northeast Minneapolis.
To find out how long an agent has been licensed, click here and type in their name http://bit.ly/22qyElE
Thursday, June 2, 2016
Wednesday, April 13, 2016
Think before you jump!
With housing inventory at an all-time low, before you jump
and purchase, think about re-sale!
In a low inventory market like we are in now, almost
everything is selling, but if you have or want to sell in a more normal market in
the future, will it sell as easily and will you get what you paid plus sales
cost to be able to sell?
Monday, February 8, 2016
Proper Seller Representation
As social media is used by more
and more real estate agents to showcase a new listing, I've noticed a trend.
Agents are posting a new listing on social media pages before posting the
property on the RMLS with captions like “Neighborhood Sneak Peak” or “Pick Your
Neighbor” or “Special Neighborhood Invite”. While this may sound like a good
idea, I do not agree this practice is in the best interest of the seller.
First, it must be discussed
with the seller and agreed to by both the seller and the agent in writing by
signing a “Certification to Withhold Property Listing from NorthstarMLS ”.
Second, withholding the
property from the RMLS severely limits the property's exposure to the masses.
Third, it is a tactic used by
the listing agent to possibly secure their own buyer, sell the property and
enjoy the benefit of handling both sides of the transaction. In other words,
these agents are looking out for their interest more than for the seller’s.
By not putting the property on
the RMLS and limiting the seller’s property exposure, how does a seller really
know they received the highest and best offer?
I have always represented sellers
by my golden rule, “I do not tell a soul until I can tell the world”. I believe
this rule is in the best interest of my seller who is with me in a contractual
relationship.
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