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Factors Determining Compensation. All Realtors are not alike! Some are new, some are part-time, but many are mediocrity. The National Association of Realtors says 80% of Realtors are out of the business within 2 years. Here today, Gone tomorrow. Is that the person you want representing you? In most other professions: plumbers, electricians, teachers, lawyers, […]

Which is the right pricing strategy for you? Three price strategy: Less is More: Price slightly below market value in anticipation of a bidding war. Buyers think it’s a steal and start a bidding war through multiple offers driving the price up. Market Average: No more, no less. It’s the average days on the market […]

What has changed in the real estate industry in the last couple of years? Amazon, iBuyer, Guaranteed Sale, Open Door, Opcity, Homestead Road, HomePartners, Redfin, Zillow, Hubuz, Make Me Move, Virtual Agent are now in real estate sales. These national technology-driven entries into real estate are competing against traditional real estate companies for your business. […]

Some are reporting that there is trepidation regarding the real estate market in the United States. Apparently, the American people are quite comfortable. Porch.com, a major network helping homeowners with their renovation projects, recently conducted a survey which asked Americans: “What do you believe is the safest investment over the next 10 years?” U.S. housing came in […]

Should you list your house, or keep it on the market during the holidays? Well, there’s been a lot of debate about this question, a lot of Pros and Cons. As a seller, you notice a slow down of buyer activity and there’s so much other stuff to do: holiday decorating, family and friends visits […]

The Housing Report for October 2019 brought to you by the Minnesota Realtors. To view the Written Report click here October 2018 vs October 2019 Closed Sales 7,802 up 1.3% Homes for sale 20,796 down 5.3% 7 County Metro median sales price +5.9% Statewide median sales price +4.6% Days on market -9.4%