Home Selling in Minneapolis : Advice

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Josh Lund, Real Estate Pro in Minneapolis, MN
Josh Lund answered:
What commission should I pay for a one time showing.?
Hello Leorand,

Good morning.

Typically 7% is the amount the seller is going to be paying the agents total. Usually 2.7% for the buyers agent and the remaining to the sellers age ... more
0 votes Share Flag Thu Jul 9, 2015 Home Selling in Minneapolis
Aimee Morice…, Real Estate Pro in 55374
Aimee Morice REALTOR answered:
My large historic house has been on the market for 10 weeks. Should I take it off the market?
Id look at the feedback specifically- is it a pricing issue or something else? On average I'd look to see how long it takes to sell in that particular market. Good luck!
0 votes Share Flag Tue May 12, 2015 Home Selling in Minneapolis
MNreno, Home Buyer in Saint Paul, MN
MNreno answered:
what is a fair commission on a one time showing contract?
Well I'm not a realtor so I can legally tell you that yes, 2.7% is the most common going rate, just as someone mentioned below and others didn't like it. You have to wonder why it's so ... more
0 votes Share Flag Fri Apr 24, 2015 Home Selling in Minneapolis
Clayton Ande…, Home Buyer in Minneapolis, MN
Clayton Anderson asked:
When i search for 4150 Wentworth Ave, Minneapolis (a house that is on the MLS and for sale) it shows up as not for sale and the picture is not right.? Could you please email me and explain how to list this house with the correct picture and price. the MLS # 4568354. My email is tbrick02@yahoo.com
0 votes Share Flag Tue Apr 14, 2015 Home Selling in Kingfield
Karen Peyton, Real Estate Pro in Chandler, AZ
Karen Peyton answered:
Buyers are asking me to pay for new gas fireplace after closing.
Since it sounds you may have quite a few bucks at stake (insert from the 90's which is likely obsolete) I suggest as your Realtor advises and speak with an attorney. Before doing so, i ... more
0 votes Share Flag Sat Mar 21, 2015 Home Selling in Minneapolis
tonino517, Home Seller in Melrose Park, IL
tonino517 answered:
How long should I keep my house on market before it gets over-exposed?
as long as it takes. That simple.
0 votes Share Flag Mon Sep 15, 2014 Home Selling in Minneapolis
Kim Benedict, Real Estate Pro in 06902
Kim Benedict answered:
i have my house listed with a Broker, but I may have someone who wants to buy it on contract. What do I have to pay my Realtor? Does she get t?
Read your agreement as there should be a clause in there that states up to a certain amount of days after the listing expires the broker still collects commission as its only fair.

... more
0 votes Share Flag Sun Sep 14, 2014 Home Selling in 55412
Gary Geer, Real Estate Pro in Antioch, IL
Gary Geer answered:
What are my obligations to pay for repairs after closing on a sale?
Talk to the buyers in good faith. Let them know you are willing to work with them for a reasonable repair. Ask them to share with the cost if possible. If you used an attorney to close ... more
0 votes Share Flag Thu Jul 17, 2014 Home Selling in Minneapolis
Joel Johnson, Real Estate Pro in Bloomington, MN
Joel Johnson answered:
We are selling our home. Our swimming pool needs $15,000 of repairs. Should we just fill it in?
Sounds like a reasonable option. Just make sure you get all the required permissions and permits for the local municipalities.
0 votes Share Flag Wed Jul 2, 2014 Home Selling in 55447
Angie Carcio…, Real Estate Pro in Minneapolis, MN
Angie Carciofini answered:
Can I sign a listing contract to sell my home even though my husband is not available but is fully agreeable to sign the deed at closing?
I'm not an attorney either, but I am a Realtor in Minneapolis, MN. It's simple. It takes 1 to buy, 2 to sell. If there's more than 1 seller who owns a property, they all need to sign e ... more
0 votes Share Flag Fri Jun 27, 2014 Home Selling in 55412
Joel Johnson, Real Estate Pro in Bloomington, MN
Joel Johnson answered:
What are the taxes and fees involved with selling a coop apartment with a $56K value a share in minneapolis.?
Start with checking with your homeowners association. They should be able to give you an excellent idea of the expenses associated with a sale. Typically, property taxes will be pro-r ... more
0 votes Share Flag Wed Jun 25, 2014 Home Selling in Minneapolis
Joel Johnson, Real Estate Pro in Bloomington, MN
Joel Johnson answered:
What are the costs associated with selling a home besides the realtor commission?
It can vary quite widely. You will incur the broker compensation, generally a combination of broker commission and broker admin fee. Are there any deferred taxes or special assessment ... more
0 votes Share Flag Sun Apr 20, 2014 Home Selling in Minneapolis
Mark Abdel, Real Estate Pro in Minneapolis, MN
Mark Abdel answered:
Which home features are both highly desirable in the Minneapolis market and will help maintain or increase resale value?
Always put your money into kitchens and bathrooms, light neutral paint colors, nice curb appeal will always help you sell faster.

Mark Abdel
Remax Advantage plus
licensed realtor
... more
0 votes Share Flag Sun Apr 20, 2014 Home Selling in Minneapolis
Mike Kelcher, Real Estate Pro in Minneapolis, MN
Mike Kelcher answered:
I am currently looking into selling my home. I owe 187,000 on it and the county info I get says it is only worth 161,000. What options do I have?
Frank had this question in 2012. I hope he found his answers by now.
0 votes Share Flag Sun Apr 6, 2014 Home Selling in 55423
Ken Carpenter, Real Estate Pro in Plymouth, MN
Ken Carpenter answered:
i have a land in erwindale ca how can i know the value of each lot
Contact a real estate agent in Erwindale and request a comparative market analysis. Or hire an appraiser.
0 votes Share Flag Wed Nov 27, 2013 Home Selling in Cedar-Isles-Dean
Ken Carpenter, Real Estate Pro in Plymouth, MN
Ken Carpenter answered:
Buyer just signed - Tennant just gave notice to move. Do I disclose?
Always disclose in writing as soon as you know.
0 votes Share Flag Wed Nov 27, 2013 Home Selling in Minneapolis
Ken Carpenter, Real Estate Pro in Plymouth, MN
Ken Carpenter answered:
I closed on my house today. Is there a grace period for the buyer in Minneapolis?
In Minnesota we do not hold escrow after closing like many other states. Unless your contract specified otherwise, you own the home the day of closing.
0 votes Share Flag Wed Nov 27, 2013 Home Selling in 55407
Arne  Johans…, Real Estate Pro in 55408
Arne Johansson answered:
Selling without updating
Update the house. Many buyers have a hard time envisioning updates. And some don't have the patience.
0 votes Share Flag Tue Nov 26, 2013 Home Selling in Minneapolis
Gerri Levent…, Real Estate Pro in Upper Montclair, NJ
Gerri Leventhal answered:
How do I get my name corrected on my property after a divorce in Minneapolis, MN?
You need to correct the deed immediately. When you go to sell the home and the new buyer does a title search all these issues will show up. It will not be very expensive, I would contac ... more
0 votes Share Flag Mon Nov 25, 2013 Home Selling in 55412
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