Twin Cities Real Estate Blog

A perspective on the Minneapolis/St. Paul housing market

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Category: MLS Compliment & Criticism

How Much Commission is Too Much?

23 February, 2010 (15:48) | Info for Buyers, Info for Sellers, MLS Compliment & Criticism, Market Stats, New Construction, Opinion, Personal Experiences | By: Aaron Dickinson - Edina Realty

Today I received an email from DR Horton offering 5% commission on select homes closing in the next 40 days:

What I’m wondering is at what point do commissions get so lucrative that it can severely influence an agent’s actions in representing their buyer?  Since discussing “usual” or “typical” commissions in a public forum can lead to [...]

House Has “Spectacular Room to Grow Marijuana”

10 February, 2010 (08:35) | Info for Buyers, Info for Sellers, MLS Compliment & Criticism, Opinion | By: Aaron Dickinson - Edina Realty

4 Bdrm 4 bath 4,400 sq./ft. hillside home on 4 plus acres, 7 min. from Middleton. Master suite with whirlpool and deck. Fieldstone fireplace, wraparound porch, storm/wine cellar, spectacular room to grow marijuana, open floor plan, elevator and handicap accessible with in-law suite. 2 1/2 car garage with lower level shop. Separate 40′ x 60′ [...]

Think REALTORS Are Rich?

13 January, 2010 (08:01) | Community Issues, Foreclosures and Short Sales, MLS Compliment & Criticism, Market Stats, Opinion, Personal Experiences | By: Aaron Dickinson - Edina Realty

The 3 local REALTOR associations released 2009 housing statistics and I started going through them and my eyes were drawn to the number of closed sales in 2009 -  45,200.
Since most sales have a Buyer’s Agent and a Seller’s Agent, we’re looking at a total of approximately 90,000 trasaction “sides.”
The Twin Cities associations have approximately [...]

Bad MLS Photos

3 December, 2009 (15:58) | Foreclosures and Short Sales, MLS Compliment & Criticism, Personal Experiences, Useless Ramblings | By: Aaron Dickinson - Edina Realty

I wanted to show you just a sampling of the bad photos I see online each day but since they are the property of the agent that took them, I would need to call and ask them for permission.  Could you imagine that call?
Uh hi, my name is Aaron Dickinson and I am blogging about [...]

1000’s of Pending Home Sales may be Missing from MLS Reporting

6 October, 2009 (06:52) | Foreclosures and Short Sales, Info for Buyers, Info for Sellers, MLS Compliment & Criticism, Market Stats, Opinion, Personal Experiences | By: Aaron Dickinson - Edina Realty

The Minneapolis Area Association of Realtors has a fantastic assortment of stats that are published on weekly, monthly, quarterly and yearly cycles.  These reports are based off the listing data provided by our local MLS, the Regional MLS of Minnesota.
As anyone who works with data knows, the statistics you create are only as good as [...]

What Does “Not Disclosed” Mean Anyway?

8 June, 2009 (05:35) | Foreclosures and Short Sales, MLS Compliment & Criticism, Opinion, Personal Experiences | By: Aaron Dickinson - Edina Realty

Over 40% of the sales in the Twin Cities currently occurring are foreclosures or short sales, what we at MAAR call “lender mediated sales.”
The RMLS of Minnesota recently revised their fields regarding foreclosures and short sales (after a year of much confusion over the old fields) and we now have separate fields for in foreclosure, [...]


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