Thursday, June 2, 2016

Is Expierence Important?

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

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.