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Showing posts with label City Lakes. Show all posts
Showing posts with label City Lakes. Show all posts

Tuesday, December 21, 2010

TNAS Over the Holidays: How Prevalent?

No Showings = 0% Chance of Selling

Home Sellers who don't want to accommodate showings over the holidays -- or any other time that's inconvenient -- can elect to switch their home's status to "TNAS," or "Temporarily Not Available for Showing."

While the "For Sale" sign in front will typically stay put, the home no longer shows "Active" on MLS, effectively putting the kibosh on showing requests.

So, how many formerly active homes are "on ice" over the holidays?

At least in MLS area #300, near the City Lakes, fewer than you might imagine.

Specifically, out of 144 single family homes currently on the market, only 11 -- less than 8% -- were TNAS.

You'd certainly guess that none of the latter were vacant.

Friday, October 1, 2010

"Calhoun Lake??" Is that by Isles Lake?

Neighborhood Expertise -- and Lack Thereof

Want a sure sign that a Realtor doesn't sell much by the City Lakes?

They refer to "Lake Calhoun" as "Calhoun Lake" in their marketing materials.

Fish (er, Realtor) Out of Water

It may be forgivable to confuse Forest Lake (the city 40 miles north of the Twin Cities) with Lake Forest (the St. Louis Park neighborhood just west of Cedar Lake and north of Fern Hill).

But getting "Lake Calhoun" (pictured above) wrong is pretty glaring -- just imagine someone calling it "Minnetonka Lake," or "Superior Lake."

In turn, a Realtor who doesn't know the local landmarks is often a sign that the home owner hired a family friend or relative, opting for a personal connection over local expertise.

P.S.: If instead it's just a typo -- it's a big one.