Real Estate Radio Hour

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Full Episodes & Our Websites Here: https://linktr.ee/realestateradiohour What's Happening in the market? Minnesota Bill would limit ownership of single-family rentals https://finance-commerce.com/2024/03/... How to Break Up with Realtor from 1st house purchase Do I have to disclose a sex offender next door to the property I'm selling by owner? I have a house that I purchased to flip and I didn't do my due diligence deep enough apparently, and a registered sex offender lives next door in a rent-to-own home. I am now finished with the home and ready to advertise. When I show people the home, should I disclose this info? I feel like I should, but I'm getting mixed reviews from friends and family members. I'm afraid the prospective buyer could come back and sue me down the road once they find out. I just learned that my real estate agent is cousins with the seller. What do I do? Social Media Reacts Minnesota Luxury Home Spotlight: https://www.zillow.com/homedetails/17...

Full Episodes & Our Websites Here: https://linktr.ee/realestateradiohour The boys are in for another studio session! Going over the spring parade of homes & talking about if LOVE LETTERS are working or not.

Full Episodes & Our Websites Here: https://linktr.ee/realestateradiohour In Studio Episode! Realtors and getting old... how have we handled it? Difference between North & South Metro Real Estate Markets

Full Episodes & Our Websites Here: https://linktr.ee/realestateradiohour Jeffrey Zweifel (30 Min-45 Min) - Real Estate Property Law What's Happening In The Market? New Construction Spotlight: https://www.zillow.com/homedetails/11... Home Owners Association denied Buyer on closing day: "not a good fit" What's Happening In The Market? New Construction Spotlight: https://www.zillow.com/homedetails/11... Home Owners Association denied Buyer on closing day: "not a good fit" On the anticipated day of closing (after multiple extensions due to waiting on approval process for over 30 days), the Zoom interview (last step in approval process) was scheduled. The following day the association sends a denial letter. The only reason provided was the Buyer was "not a good fit." We're all in utter shock and disbelief. The Buyer has excellent credit, clean background and stable long term employment. There was absolutely no reason for the Buyer to be denied. The Buyer met and exceeds all of the requirements set forth in the governing docs and approval requirements. My suspicion is that the board does not want anyone who they think may be problematic or disagree with their actions in the future. During the interview the board member told the buyer about the board's intentions to increase HOA fees in the future. The Buyer naturally asked questions. The board has completely disregarded their own governing documents and approval requirements, yet there seems to be nothing we can do at this time other than request a reversal, which we've done. We've still not gotten a response nor an explanation. We've reached out to the association attorneys and they have not been able to provide a reason or response. The board members were not even all present during the interview. I believe only 1 was. These boards are getting out of control. Has anyone else dealt with something like this? The worst part is how does the Seller find another Buyer if this can happen again? Social Media Reacts

Full Episodes & Our Websites Here: https://linktr.ee/realestateradiohour The guys are back in the studio talking about what it takes to win in 2024. Also, are Slabs Cool Again?

Full Episodes & Our Websites Here: https://linktr.ee/realestateradiohour We inform you on the plan going forward with this show. What's Happening In The Market Social Media Reacts Dalvin Cook Sells Home https://www.realtor.com/news/celebrit... Minnesota Luxury Property: https://www.zillow.com/homedetails/22...

Full Episodes & Our Websites Here: https://linktr.ee/realestateradiohour Would realtors fake having an offer to raise prices? I was looking at a house on the market and made an offer. The house itself had been sitting on the market for a long time now, with no offers to my knowledge (since November I think). Nothing wrong with it, it just needed some updates, which I'm fine with. Literally the next day, the realty company selling the house tells us that another offer has been made. While there is obviously a chance that someone made an offer, this feels too well timed to me. Would a realty company fake having an offer to get more for a house? TOP MINNESOTA REAL ESTATE AGENTS IN 2024? https://gritdaily.com/the-top-10-real... Minnesota Luxury Property: https://www.zillow.com/homedetails/23... Social Media Reacts Minnesota Supreme Court reverses conviction in real estate agent's 2019 killing https://www.foxnews.com/us/minnesota-...

Full Episodes & Our Websites Here: https://linktr.ee/realestateradiohour Russian On American Homes: "What I always wonder why Americans don't build solid houses? In Russia and Kazakhstan everyone builds house with thick walls with bricks and good foundation. Even poor people don't build houses from plywood. But in America it seems that everyone, poor and rich builds extremely fragile houses. Like I can punch a wall with my knuckle. It seems so absurd. Especially with those prices that I'm hearing about, like house costs hundreds of thousands of dollars, up to a millions of dollars. I can build awesome house here for like $200K with very quality materials. Can American build a good house from bricks with very thick brick walls for a reasonable amount of money?" Single women are winning Twin Cities real estate https://www.axios.com/local/twin-citi... Driving the news: Solo women homebuyers keep rising in share, accounting for over 18% of mortgage applications in 2023, according to mortgage platform Maxwell. (More Than Single Men) Is this a thing now? Blind Offers only, no showings until offer accepted, no current photos… Opportunity awaits in the Chattahoochee River Club with this unique home that currently invites only blind offers. The sellers are needing to sell quickly yet have some temporary occupancy after closing. The home is to be sold AS-IS needing some cosmetic repair. While showings are currently restricted to the due diligence period, the potential of this residence is still evident. Photos are from when the property was initially purchased…. Social Media Reacts Minnesota Luxury Real Estate: South Minneapolis https://www.zillow.com/homedetails/38... Zillow Predicts Home Prices Will Drop In These 10 Minnesota Cities (Attached)

Full Episodes & Our Websites Here: https://linktr.ee/realestateradiohour US real estate market will be 'very ugly' next year, Howard Lutnick warns https://www.foxbusiness.com/real-esta... Agent put my phone number on the listing Is this normal? I'm selling my home. We put it in “coming soon” over the weekend, with plans for photos on Monday (tomorrow). When making these arrangements she asked me if I had gotten any phone calls. She said she'd have to refer them to me to schedule anyway. I work from home but could easily leave 9-5 with my dogs and work elsewhere. It's not that hard. But I wanted to check if this ever happens. My neighbor isn't letting me install trees up against “his” see through fence. What can I do? I have a challenging neighbor with whom it's hard to be friendly. Our houses share a wall on the left side, divided by a half block and half iron fence. Unfortunately, I can see right into his house, which I'd rather not do. He insists that the wall was installed by him and that the previous neighbor didn't contribute to the cost. He's adamant about not wanting anything to touch his wall. Social Media Reacts Minnesota Luxury Real Estate: https://www.zillow.com/homedetails/13... The 10 Most Walkable Cities in Minnesota https://www.redfin.com/blog/most-walk...

Full Episodes & Our Websites Here: https://linktr.ee/realestateradiohour What's Happening In The Market? Found out my home is a historical home with restrictions after closing I purchased a home that was built in 1930 about 3 weeks ago. I had the home repainted and then received a letter from the county telling me I violated their historical architectural restrictions by painting it an unapproved color. Nowhere at closing or during the buying process was I told the home was deemed historical and after going through closing documents there is nothing about covenants or restrictions in the documents. Can a county deem a home historical with architectural restrictions without having any acknowledgement of this during the closing process? Real Estate Feels Like A Giant Pyramid Scheme After being in real estate for a year this industry feels like a giant pyramid scheme. So many slimey people and cheese balls in this biz. Got my license. Have to join a brokerage for them to process the transaction?? Joined a "team" and absolutely got worked over. Team lead constantly changed commission structure and fees right before a deal was going to go through. Kicking a lot of the commission up to the broker and team lead for doing basically nothing. "Prospecting" calling on crap leads all day, reading BS scripts about how it's a great time to buy, felt gross. Asking for referrals or business from your sphere or if they know anyone interested in buying or selling. Literally seeing everyone I know as a dollar sign and always trying to weasel real estate into the conversation. Buyer Was Hacked During Wiring Of Money Has anyone ever heard of anything like this? It was wire fraud. Are they still responsible for earnest money? The day before a close they were allegedly hacked when closing with their other property and now cannot buy this property but the seller just closed on a new house and moved in but needed that money… Social Media Reacts Minnesota Luxury Real Estate (Edina) https://www.zillow.com/homedetails/71... Hidden Cons Of Owning Lake Homes In Minnesota

Full Episodes & Our Websites: https://linktr.ee/realestateradiohour What's Happening In The Market? Prolific Real Estate Developer Kelly Doran Dies at 66 https://tcbmag.com/prolific-real-esta... Reverse Mortgage Vultures? It's 7pm.. and a woman knocked on the door. My brother spoke with this woman outside. She wanted to come inside (she did not) and discuss plans for a mortgage with my mother. (Woman did not meet my mother - only my brother) She claimed to have called my mother multiple times but that's false. We're not behind or anything on our mortgage and this woman isn't linked to the mortgage/bank my parents are associated with. Is this a thing to get you with another lender or a bigger scam?? Minnesota Luxury Property - Breezy Point https://www.zillow.com/homedetails/17... Selling our home, appraisal came in 40k under our agreed-on price and we're supposed to close next week. Advice? 4 of the COOLest Yet Overlooked Minnesota Lakes https://welterheating.com/4-coolest-o...

Full Episodes & Our Websites Here: https://linktr.ee/realestateradiohour Democrats propose new bills aiming to prevent hedge funds from buying homes https://www.aol.com/not-profit-center... Another cautionary tale of buying a house unmarried. Advice please Ex Gf and I bought a house. She broke up with me. I want to sell. She does not. We are both on the deed and mortgage, joint tenancy of survivorship. I am willing for her to buy me out but she is in a lot of debt. I know this because I loaned her 10k and she's still in debt. She is dragging this out. We got in at a 3.4% rate and she refuses to talk to me. I do not want this to drag any longer. How can I force a sale or a buyout right away. I can't do either without her consent, and prolonging this is my biggest fear. I know technically she can if she doesn't agree to sign anything. I know she's dragging this to either make me uncomfortable enough to make me leave. That way she can be in the house without me while keeping that low interest rate.. or buy her enough time to pay down her debts and wait for the interest rates to go down which will be torturous for me. I just want to be done and move on with my life. House appraisal came in way over what we bought it for. So we just closed on a home for 310,000 the appraisal came in a couple of days ago for 405,000 because the house was completely renovated head to toe and apparently the sellers agent was basing it off comps that were only similar in size but completely outdated from what I can tell. My first question is we put 15% but still have PMI wouldn't we be above the 20% equity since the house appraised for so much more than we what we paid for me? Second question is will this most likely affect my taxes or cause any other unforeseen issues I can't think of? Minnesota Luxury Real Estate https://www.zillow.com/homedetails/30... Minnesota Lakes Lake Bemidji Social Media Reacts

Full Episodes & Our Websites Here: https://linktr.ee/realestateradiohour How long should I plan to have my house for sale in this market? I made an offer on a house and they didn't respond to me for almost 3 days, is that normal? What is typically included for personal property? I am an agent and I listed a home and paid for professional photos. After multiple offers, my seller ghosted me and decided they don't want to sell or pay me the $25k commission owed or even a cancellation fee…. I let that go because I didn't want to risk my reputation. Now, I find out 1 year later, she listed her house for sale with another realtor, and that realtor was using my photos. It was probably up for sale for like 4 months when I found out, then they canceled the sale and put it up for rent. It is still up for rent and they are using my photos once again. It's not a lot of money at all, but that seller pissed me off so much that I want to get at least a dime back. Is this worth pursuing? Montevideo company makes custom-made fish houses fit for royalty https://www.cbsnews.com/minnesota/new... Minnesota Lakes: Lake Pepin Social Media Reacts Minnesota Luxury Real Estate: Edina https://www.zillow.com/homedetails/47...

Full Episodes & Our Websites Here: https://linktr.ee/realestateradiohour 2023 NAIOP Awards: Outstanding Properties in Minnesota https://tcbmag.com/2023-naiop-awards-... Are Real Estate Agents hurting right now? Are high rates, inflation, and other matters hurting the profession? https://www.reddit.com/r/RealEstate/c... Is it petty for me to expect the driveway on a new build construction to be all one color concrete? attached Waiting for rates? Perspective: In 1971 mortgage rates were 7.33%. If you waited to purchase a home until rates went down, you waited until 1993. You would have rented for 22 years. Meanwhile, the value of real estate QUADRUPLED! During that time. Interest rates peaked in October of 1981 at 18.1% for a 30 year fixed. It was in 1998 that mortages averaged out at 6.91 percent. Minnesota Luxury Real Estate: Lakeville https://www.zillow.com/homedetails/11... Social Media Reacts: Minnesota Lakes: Leech Lake

Full Episodes & Our Websites Here: https://linktr.ee/realestateradiohour Now Even Zillow Thinks It's A Bad Time To Buy... According to research published by Zillow on Oct 30th, "If you buy now, it can take 13.5 years to make a profit on your home sale." https://www.zillow.com/research/years... Is lying common practice in negotiations? Attached The Only Minnesota City Where Homes Are Selling Fastest Right Now https://krocnews.com/ixp/719/p/the-on... Minnesota Attorney General Opens Investigation Into Controversial Contract-for-Deed Real Estate Practices https://www.propublica.org/article/mi... Social Media Reacts Minnesota Lakes: Big Marine Lake Minnesota Luxury Real Estate: Edina https://www.zillow.com/homedetails/50...

Full Episodes & Our Websites Here: https://linktr.ee/realestateradiohour Realtors found liable for $1.8 billion in damages in conspiracy to keep commissions high https://edition.cnn.com/2023/10/31/ec... Title company accidentally wired me 315k instead of 30k at closing... I was supposed to receive roughly 30k for my home, but I received 315k. I told my real estate agent , and we emailed the title company and our attorney. Will this negatively affect my taxes? In-Laws Can't Pay Mortgage. Husband wants us to buy their house? In-laws owe about 200k on their house. They are often unable to pay their mortgage (some of it) and need to "borrow" money from us or husbands siblings. They refuse to move out. We have tried for years to help them with other options but they will not do it. Husband now wants to buy the home and they will just pay utilities and taxes. They have multiple medical conditions and no savings. We have the cash. I would love some advice. Social Media Reacts Minnesota Luxury Real Estate: Prior Lake (Price Cut) https://www.zillow.com/homedetails/64... Minnesota Lakes: Coon Lake

Full Episodes & Our Websites Here: https://linktr.ee/realestateradiohour Real-Estate Commissions Could Be the Next Fee on the Chopping Block https://www.wsj.com/us-news/law/real-... Title company accidentally wired me 315k instead of 30k at closing... I was supposed to receive roughly 30k for my home, but I received 315k. I told my real estate agent , and we emailed the title company and our attorney. Will this negatively affect my taxes? In-Laws Can't Pay Mortgage. Husband wants us to buy their house? In-laws owe about 200k on their house. They are often unable to pay their mortgage (some of it) and need to "borrow" money from us or husbands siblings. They refuse to move out. We have tried for years to help them with other options but they will not do it. Husband now wants to buy the home and they will just pay utilities and taxes. They have multiple medical conditions and no savings. We have the cash. I would love some advice. When are we going to acknowledge the abnormal interest rates of the last decade caused more harm than good? Everyone wants to blame covid checks, pandemic savings, and rising home prices. The fact that many Americans paid down their principals faster than normal and had more equity surely played more of a role in inflation and economic instability? Social Media Reacts Minnesota Luxury Real Estate (Chaska): https://www.zillow.com/homedetails/15... Minnesota Lakes: Buffalo

Full VIDEO episodes & our websites here: https://linktr.ee/realestateradiohour What's Happening In The Market? 3.5 Million Dollar Minnesota Cabin https://www.dwell.com/article/whitefi... Why is squatting a civil matter when it's obviously criminal? What's to stop someone when confronted after breaking into your house to merely respond, "Oh, I live here now." Boom! Now civil! This country is weird... Why is there not a massive tax on owning additional (investment) single family homes? It seems like there is an imbalance in the availability of single-family homes in desirable areas, despite the advocacy of progressive politicians for more affordable and missing middle housing. Why don't we impose high property taxes on non-primary residences could incentivize landlords to sell and increase the housing supply? Additionally, stricter regulations on long-term rentals could also help address the shortage. Minnesota Luxury Real Estate: Bloomington https://www.zillow.com/homedetails/73... Social Media Reacts

Full Episodes & Our Websites Here: https://linktr.ee/realestateradiohour What's Happening In The Market? Homes "unaffordable" in 99% of nation for average American https://www.cbsnews.com/news/homes-fo... Minnesota Has the 12th Most Homebuyers Under 25 https://www.southernminn.com/around_t... Ghost Town Vibes: Vacant Minnesota Air Force Base Needs a Brave Buyer With $800K https://www.realtor.com/news/unique-h... Social Media Reacts Minnesota Luxury Real Estate: Prior Lake https://www.zillow.com/homedetails/91...

Full Episodes & Our Websites: https://linktr.ee/realestateradiohour What's Happening In The Market Minnesota Housing Trends https://www.bankrate.com/real-estate/... Prepping to build on a lot in an older subdivision, neighbors on both sides are unhappy. Solution? attached Minnesota Luxury Real Estate: Eden Prairie https://www.zillow.com/homedetails/11... Social Media Reacts Minnesota Lakes: Lake Osakis Minneapolis Actually Affordable? attached

https://linktr.ee/realestateradiohour Very stressed about selling a home 'as-is' in a neighborhood full of turn-key homes. Helping my grandma sell her home and it's stressing me out beyond belief. Someone please calm my fears or provide any additional insight! Homes in her subdivision have been selling for $625-$750k. This is an upper-middle-class midwestern suburb, where millennials with money want new/updated/modern everything. Not very old appliances, poor landscaping, floor damage, paint necessary, etc. etc. etc. I'm sure things will work out fine, but her house sticks out like a sore thumb. It's 'that' house in the neighborhood that's a little unique, and in great need of some TLC. We're considering listing it around $495k. Why do I keep hearing people say to buy now and refinance later when rates come down? Isn't refinancing expensive and cost a couple percent of the loan amount? Mansion Globe #2 Spot On Minnesota Real Estate Google News Attached Famous Craft Brew Bar Closing In Minneapolis https://patch.com/minnesota/across-mn... Social Media Reacts Minnesota Luxury Spotlight: https://www.zillow.com/homedetails/13...

https://linktr.ee/realestateradiohour Interest Rates are now pushing 7.5%+ (Attached) Do you think a person is "owed" a home where they grew up? What do you tell people who become priced out of their area due to 'out of staters' moving in? Minnesota Luxury Real Estate Listings for Week of September 5 https://www.mansionglobal.com/listing... $68.96M in capital secured for a Minnesota multi-housing development In Eden Prairie... Good or Bad? https://www.us.jll.com/en/newsroom/ca... Social Media Reacts Is Long Lake (New Brighton) Underrated?

https://linktr.ee/realestateradiohour Lender got mad at me for requesting price match Buyers saying they don't have cash 1 week to close We received an offer over asking and the buyer signed an appraisal addendum to cover the gap. All went great with the appraisal but there was a $20k gap which they signed an addendum to cover. Now, we're one week away from closing and they're stating that they had a family emergency and had to use the funds.. Our realtor is stating that we have to change the purchase price. What recourse do we have and is that the correct advice? The earnest money deposit isn't worth the risk of having to put it back on the market. If you had $1,500,000 to buy a house anywhere in Minnesota, where would you buy? 8 Most Affordable Places to Live in Minnesota https://www.redfin.com/blog/affordabl... Minnesota Luxury Spotlight https://www.zillow.com/homedetails/18... Social Reacts

Full Video Episodes & Our Websites: https://linktr.ee/realestateradiohour JUST IN: US New Home Sales jump 4.4% in July, now up a MASSIVE 31.5% over the last year. Meanwhile, existing home sales are down 16.6% over the last year, biggest drop since 2010. High rates made it too expensive to sell. People are "trapped" in their houses. - https://twitter.com/KobeissiLetter/st... Red Wing Luxury https://bringmethenews.com/minnesota-... Minnesota Luxury Spotlight https://www.mansionglobal.com/listing... Castle Like Home For Sale In St.Paul https://patch.com/minnesota/saintpaul... Northtown Mall (Blaine) Sold for $31 Million Twitter Thread On Market Social Media Reacts

Our Websites: https://linktr.ee/realestateradiohour Brazilian Real Estate Thoughts Social Media Reacts Luxury Real Estate Spotlight New Construction Spotlight Minnesota Ranked 16th In New Homes https://www.southernminn.com/around_t... Historic St Paul Home https://bringmethenews.com/minnesota-...

Full Episodes & Our Websites Here: https://linktr.ee/realestateradiohour Weed Is Legal In Minnesota, Good For Real Estate? Put in a ton of money into house, have to move for work. What are my options if I invested $230k in renovations to my home, including a new steel roof, master bath remodel, new kitchen, updated HVAC, engineered wood deck, water system, water heater, whole house generator, and solar panels. However, the appraised value only reflects a $145k increase, and realtors suggest a selling price of $560-580k, while nearby new builds are priced at $780k+. Additionally, my employer will not compensate or buy my house due to a job relocation. Is there anything I can do in this situation? Minnesota Commercial Real Estate Is Struggling https://finance-commerce.com/2023/08/... Chicago residents are eyeing Twin Cities' homes https://www.axios.com/local/twin-citi... Why Didn't This Home Sell? (Luxury) https://www.zillow.com/homedetails/57... New Construction (Andy Breakdown) https://www.zillow.com/homedetails/10... Social Media Reacts Luxury Minnesota Real Estate

Our Websites & Full Episodes Here https://linktr.ee/realestateradiohour Why Hasn't This House Sold https://www.zillow.com/homedetails/15... Is rate shopping not a thing? We were pre-approved by a lender. Once we got into contract we started rate shopping. We found an incredible rate from another lender and took that to our original lender to see if he could match it (since it would be easier to deal with someone who already has our documents v starting from scratch) and boy was he pissed. What am I missing?? Isn't this a normal part of the house buying procedure? Social Media Reacts Vikings Owner Zygi Wilf Selling Custom Mansion https://kroc.com/mn-vikings-owner-sel... Minnesota Luxury Spotlight This Or That Role Play

Minnesota Property Owner Giving $100,000 Gift Cards To Buyers https://krocnews.com/minnesota-proper... Hobbit Home For Sale In Hastings, Minnesota https://kdhlradio.com/ixp/150/p/hasti... Apparently I own a house...?? I recently stumbled upon the knowledge that someone using my full name and SSN bought a house while I was deployed in Iraq. This property is actually just 10 mins away from my current address.. and I am finally ready to buy a home. This is how I found all this out! What in the world should my first steps be?! I would LOVE to actually just take this house and the equity it's accumulated - is that even an option? Neighbor killed my sale My house was under contract up until two days ago. Buyer came for the inspection and was outside talking with her realtor when my nosy/ gossiper neighbor came over to talk to them. Said neighbor then proceeds to tell lies about the other neighbors such as the house on the other side of mine is a "drug house" and there is someone who drives a Harley and carries a gun who always parks in front of my house. None of these things are true. The buyer, however, being an elderly woman who is moving into a home on her own, was absolutely terrified and ran into the house crying and screaming to cancel the sale. She rescinds her offer. We had only received her first deposit which after legal fees, wouldn't even be worth the hassle. Minnesota Luxury Real Estate Spotlight: https://www.zillow.com/homedetails/10... This Or That: Moundsview Vs Brookyln Park Social Media Reacts

Full Episodes & Our Websites Here ⬇️ https://linktr.ee/realestateradiohour Golden handcuffs lock up Minnesota's housing supply https://www.axios.com/local/twin-citi... Rochester real estate investor Matt Onofrio pleads guilty in $35.7 million bank fraud case https://www.postbulletin.com/business... I know a realtor and loan officers who help their clients make fake pay stubs with the help of local businesses, is there any way I can complain to anyone anonymously?? Minnesota Luxury Spotlight https://www.zillow.com/homedetails/15... Role Play: You have been contacted by a couple, the Parkers, who are looking to sell their unique property. The property is a historic lakeside home that has been in their family for generations. However, the couple has faced legal complications regarding the property's ownership and zoning regulations. Your objective is to tactfully navigate these challenges, ensuring a legal and successful sale while preserving the sentimental value of the property for the Parkers. You are a successful real estate agent in Minnesota, tasked with finding a property for an eccentric buyer, Mr. Thompson. He is a vintage car collector and desires a home with a spacious garage, an underground wine cellar, and a secluded outdoor space for hosting extravagant parties. Your objective is to find a property that meets these unique requirements, negotiate within his budget, and provide exceptional service throughout the process. Social Media Reacts Photo Credit: https://greggvanourek.com/golden-hand...

All Our Links & Websites: https://linktr.ee/realestateradiohour Home appraised $110,000 over purchase price, how should I proceed? What are the pros/cons of selling the same year I bought it and are there any ways to mitigate/lessen the Capitol gains tax? Anything else you would recommend instead of selling? The home is in an area that's basically just populated by tourists in the summer due to the surrounding lakes and forests. Tenants want to buy the home they're renting from, and I'm locked at a very good rate. Best way to move forward? In a nutshell, I have good tenants and they want to buy the home they're renting from. I am at a good interest rate right now, but I know they're gonna end up with something much higher if I sell to them- even if I lower the price from fair market value. Is there any possible way to get them to own the property while keeping my rate? Say, rent to own or have me on the paperwork. Just trying to get ideas. I really want to help them out, within reason of course. Minnesota Luxury Real Estate - 4 Seasons Condo https://bringmethenews.com/minnesota-... This Or That: Mankato Or Owatonna Social Media Reacts Agent M.D. I'm losing my house to foreclosure and feels like my life is over

All Our Links & Websites Here ⬇️ https://linktr.ee/realestateradiohour Typical renters in Minneapolis can only afford to buy 24% of homes available https://www.cbsnews.com/minnesota/new... Minnesota Luxury Real Estate Spotlight Social Reacts Agent MD Sell This Listing Photo Credit: https://therealdeal.com/new-york/2021... This Or That (Both) Minneapolis Or St.Paul Best Cabin Town In Minnesota (Andy)

ALL OUR LINKS: https://linktr.ee/realestateradiohour What's happening in the market Some buyers turning to 1% down mortgages, but are they worth it? https://www.cbsnews.com/minnesota/new... Big lenders are trying to boost business by offering 1% down mortgages, aimed primarily at first-time homebuyers who are struggling to qualify for a mortgage as a result of the affordability crisis. Rocket Mortgage's program offers to match 2% of the buyer's 3% payment to save the borrower a few hundred dollars per month, while United Wholesale Mortgage's program allows higher purchase prices but tops out at a $4,000 credit. To qualify for the scheme, buyers must have a credit score of at least 620 and cannot make more than 80% of the median income in the area they purchase in. social reacts role play situations sell this listing This Or That: Mahtomedi Or Stillwater Lino Lakes Or Centerville Our Websites & Links To All Content linktr.ee/realestateradiohour

Find Everything About Us & All The Content Here ⬇️ https://linktr.ee/realestateradiohour More help is on the way for first-time homebuyers in Minnesota https://www.yahoo.com/entertainment/m.... Buyers are short $8k. What are my options? The seller is set to close the deal with the buyer next week but has been informed that the buyer cannot muster the funds to make the payment and is requesting the seller to pay $8k of their closing costs to make the deal work. The seller, who is a working-class individual, is frustrated by this as they accepted the buyer's offer because they had an approval letter for $60k more than their offer, and this demand is not a pocket change for them. The seller is looking for other options other than re-listing or accepting the $8k hit. Serious question: Is the amount of realtor effort any different between a $400k and $800k house to justify double the fees (6% for both)? Why not go to flat rate pricing instead of percentage? This Or That: Chanhassen Vs Chaska This Or That: Elk River Or Rogers Foreign Property - Tropea, Italy https://www.idealista.it/en/immobile/... Social Media Reacts

Video Episodes & Our Websites Here ⬇️ https://linktr.ee/realestateradiohour?fbclid=IwAR1rfMXbKwjP7_7bGzrYBdfGIAkXp8I5xe39MX-xjYyHxJZ9D7MDlqeS8u4 What's Happening In The Market? Buying Real Estate With Self Directed IRA - Mindland Trust Senior Business Development Associate Paul Herbes Should Inspections be a legal requirement for listing a property? Minnesota's Construction Industry Gains Thousands Of Jobs Since Pand3mic https://www.bizjournals.com/twincitie... This Or That: Edina / Wayzata This Or That: Coon Rapids / Andover Social Media Reacts

Full Video Episodes & Our Websites Here ⬇️ https://linktr.ee/realestateradiohour A Psychic joins us to talk real estate... Apple Valley named ‘City of the Year' by the Minnesota Real Estate Journal https://www.hometownsource.com/sun_th... Best place to buy luxury real estate in Minnesota right now ? Best place to buy a starter home in Minnesota right now? Best place to buy an appreciating home in Minnesota right now? This or that: Prior Lake or Lakeville This or that: Champlain or Blaine Social Media Reacts

Full Episodes & Our Websites: linktr.ee/realestateradiohour Agent M.D. ~ Handling Objections SRS Brokers $26.9M Sale of Apartment Complex in Rochester, Minnesota https://rebusinessonline.com/srs-brok... Luxury lake homes from Minnesota family compound for sale individually https://bringmethenews.com/minnesota-... Billions of Dollars of Bad Real-Estate Debt Could Mean Big Bank Losses Attached Role Play: A client is looking for a single-family home in a secure neighborhood with a good school system and easy access to amenities, but are limited to a $400,000 budget. How would you guide them in their search? A young family is looking for a home in an up-and-coming neighborhood. Explain the risks and benefits of buying in an area that is still gentrifying. You have an investor client looking to purchase an income generating property in an area that is likely to appreciate quickly. Explain the potential implications of investing in a fast-moving seasonally volatile market. You have a client who desires living in an urban area, but is limited on budget. Describe options for urban living that may provide an outstanding quality of life while coming in below the client's maximum spend. Sell This Home Social Media Reacts

Full Episodes & Our Websites Here ⬇️ linktr.ee/realestateradiohour As of May 1, if you have a 680+ Credit Score with 15-20% down you will see a higher mortgage rate to subsidize higher-risk buyers. https://nypost.com/2023/04/16/how-the... Minnesota Real Estate Journal's 2023 Real Estate Awards https://rejournals.com/a-big-night-fo... Supreme Court to hear case of 94-year-old Minnesota woman who lost her condo over $2,300 in unpaid taxes (attached) 'Landmark' Lake Minnetonka estate lists for nearly $11M https://bringmethenews.com/minnesota-... Social Media Reacts Sell This Listing Agent M.D. - What Stands In Your Way

Full Video Episodes And Our Websites Here ⬇️ https://linktr.ee/realestateradiohour Real Estate Role Play 1. You are a real estate agent working with a family selling their home of 30 years. The family desperately needs to make a good deal quickly in order to cover expensive medical bills. 2. You are a real estate agent working with a veteran family to find a new home quickly. You must be aware of the special benefits and programs available for veterans, and be able to find a suitable home that meets all of the family's needs. 3. . You are a real estate agent working with a high-end client who is looking for the perfect luxury home in a highly desirable neighborhood. The client is picky and has specific requirements, and they are seeking your expertise in helping them find the perfect home. Rapid Fire - Make These Listing Phrases Better 1. Spacious Backyard 2. Wet bar 3. Chef's Kitchen 4. Open-Concept Living 5. Expansive Deck 6. Oversized Master Bedroom 7. Fireplace 8. Luxurious Touches 9. Vaulted Ceilings 10. Granite Countertops Foreign Property Review: https://www.luxuryestate.com/p2472680... https://www.indomio.al/en/13034743?po... Social Media Reacts Agent MD Dealing with multiple offers

https://linktr.ee/realestateradiohour https://chrisrooney.com/blog/watch-ou... 9 HARDBALL TACTICS USED IN REAL ESTATE NEGOTIATIONS Blue Cross Blue Shield of Minnesota closes main building Meet The 4 Largest Landowners In Minnesota Is it normal to have to kick out buyers from a showing? New homeless shelter near prospective buy? Leave it? Social Media Reacts Sell This Listing Agent M.D.

linktr.ee/realestateradiohour Why do realtors hate submitting low ball offers? Genuine question--why do realtors hate submitting low ball offers for their clients? Is 10% below asking a low ball offer if it's been on the market for 3 months? Does it affect the realtor's reputation at all? It's the buyers submitting the offer, so I'm not sure why realtors hate it? AGENT M.D. - the importance of the disclosure statement. Real Estate Social Media React Sell This Listing

Watch Full Video Episodes & Find Our Websites Here: https://linktr.ee/realestateradiohour Home sales spike 14.5% in February as the median price drops for the first time in over a decade https://www.cnbc.com/2023/03/21/febru... Our real estate agent wants to buy our house, need advice. This is an off market deal. The house is not/will not be actually listed. This agent acted as our buying agent for this house 2 years ago. T he offer price is at market value and they are charging a 6% commission. The mortgage rates have been skyrocketing recently, it's at about 6-7%, but these rates seem more in line with the average interest rates before about 2008. What made interest rates so low between 2008 and now? Over the next 5 years, more than $2.5 trillion in commercial real estate debt will mature. (attached) Elon Musk: 'Most Serious Looming Issue' is Commercial Real Estate Debt Market Andy Top 10 Segment Chris MD Segment Social Media Reacts Sell This Listing

Full Video Episodes And Our Websites Here: https://linktr.ee/realestateradiohour Monthly Brokerage Stats & National Data ~ March 2023 Minnesota to BAN corporations buying single-family homes Minnesota recently introduced a bill (HF 685) to ban corporations and businesses from buying single-family homes to convert into a rental units, in an attempt to get more families into single family homes and build equity. https://www.revisor.mn.gov/bills/text... Is “First home isn't your forever home” obsolete? In Minnesota, is it wise to invest in a larger starter home if the interest is to stay in the same neighborhood for a while? Friends and family are finding themselves locked into their starter homes due to the rising housing costs in their neighborhood, unable to afford to move. Social Media Reacts Real Estate Role Play Sell This City

All Full Videos & Our Websites Are Here ⬇️ https://linktr.ee/realestateradiohour My agent (buyer side) is asking for 3% commission. If the seller only offers 2% to the buyer agent then my agent is asking me to cover the difference 1%. Is this standard? I live on 3.5 acres. One of my neighbors wants to connect to the water main across my property to save money and get a direct line instead of going around me to the main road. He'll need an easement on my property to run the water line. What are things I should consider before allowing this? Out-of-Towners Head to ‘Climate-Proof Duluth' The former industrial town in Minnesota is coming to terms with its status as a refuge for people moving from across the country because of climate change. https://www.nytimes.com/2023/03/10/re... Goldman Sachs: 99% of borrowers have a mortgage rate lower than the current market rate Role Play Social Media Reacts Sell This City!

Find FULL Video Episodes Here & Our Websites: https://linktr.ee/realestateradiohour It would be helpful to understand the approach each Realtor takes on: Do they always send the MLS listing first? Do they always check for sump-pumps? Are radon mitigation systems necessary? What basic checks can you do for major utilities (e.g. furnace, water softener) at a showing? What prior house maintenance can we ideally or practically expect from existing homeowners? Should I dump my realtor? Or am I overreacting? My husband and I recently made an offer on a property that has been on the market for 158 days. We offered 8% below listing and our agent told us it was a lowball offer. However, two hours after sending our offer, he posted a video of the property to social media, essentially advertising it as if it was still on the market. We feel like this was unprofessional of him and are not sure if we should continue to work with this agent or if we are overreacting. Housing affordability hits historic low https://thehill.com/business/3881539-... Summary A recent study conducted by the National Association of Realtors (NAR) found that housing affordability in the United States has hit a historic low. The median family income of Americans is now only enough to afford the median-priced home in one-third of the country, and many major metropolitan areas have median family incomes that can't even cover the median-priced home. The NAR predicts that this lack of affordability will have a negative impact on the housing market. How in the WORLD are people handling the interest rates ? Homes are still moving since inventory is low- but how is anyone handling this market after a year of shopping? I'm feeling very distressed about the current housing market. Last year, when I started looking for a home, inventory was low but manageable. Now, even with my budget of $530k, I'm having difficulty finding anything decent within an hour radius. I'm worried that the market will continue to be so competitive, and I'm trying to come to terms with how much it has changed in the last 1.5 years. Social Media Reacts Real Estate Role Play Fix This Listing Photo Credit: https://thehill.com/business/3881539-...