Top Agent Insights

The real estate market is always changing! It is my goal to constantly share what I see in the world of Twin Cities real estate by bringing to you a little bit of my everyday life as a Realtor. Be sure to find me on Instagram and Facebook to stay up to date on best practices and market trends that could help you strategize buying or selling your Minnesota home!


Home Buying Tip

When you close on a home, your first mortgage payment skips a month! ⁣

Sharing this because I’m having a lot of conversations with homebuyers planning their purchase around termination of their lease.⁣

Also sharing that this was about the 20th time I tried to film this so excuse me for counting the months on my hand. 💁🏼‍♀️⁣

EXAMPLE: If your last lease payment is in May, you could start shopping for a home in March, close in April, and make your first mortgage payment in June, avoiding the double payment! ⁣

This also allows for a slower, less stressful move from one home to the other, if desired! ⁣

It’s nearly impossible to time the market, but it is possible to time your move! ⁣

Alex Murray - Edina Realty⁣
There’s No Place Like Home 👠 ⁣
612-242-8658⁣

#firsttimehomebuyer #homebuyer #homebuyingtips #home #homesearch #edinarealty #theresnoplacelikehome #firsthome #mortgage #homemortgage #stoprenting #anokacounty #blainemn #twincitiesrealestate #mn #mnrealestatemarket #mnr

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Hiring a Realtor VS Choosing a Realtor

👠 HIRING VS CHOOSING 👠⁣

As a home seller or home buyer speaking to a real estate professional, I encourage you to view that conversation as if you are conducting an interview. ⁣

Are there agents that do the bare minimum? Yes. Are there agents that are transaction based as opposed to relationship based? Yes. ⁣

But, there are also agents that work tirelessly advocating for their clients 24/7. ⁣

Communicating, negotiating, educating, strategizing, marketing. It doesn’t stop.⁣

We 👏🏼 don’t 👏🏼 stop 👏🏼 until 👏🏼 our 👏🏼 client 👏🏼 WINS. ⁣

And THATS the difference between HIRING and CHOOSING your agent.⁣

What is their VALUE PROPOSITION and how are they going to help you WIN and achieve your goals? I cannot stress enough the importance of this! ⁣

If you’re thinking about buying or selling, I would love nothing more than an opportunity to earn your business!⁣

Alex Murray - Edina Realty⁣
There’s No Place Like Home 👠 ⁣
612-242-8658⁣

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Homes For Local Heroes - Home Buying Discount

⁉️LOOKING FOR A WAY TO SAVE MONEY BUYING A HOME⁉️⁣

If you fall into the following categories, listen up!⁣

- Police Officer⁣
- Firefighter⁣
- Teacher⁣
- EMT⁣
- Nurse/Dr⁣

Everyone else, I need your help.‼️PLEASE SHARE‼️to bring awareness of this awesome program Edina Realty Mortgage has available! ⁣

Reach out and I will get you connected to the fabulous Jenny Hanna Conner to save you money on closing costs and discuss your best options for financing! ⁣

Alex Murray - Edina Realty⁣
There’s No Place Like Home 👠 ⁣
612-242-8659⁣

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Properly Marketing Your Home For Sale

Realtors are allowed 1,000 characters to describe your home on the MLS. ⁣

That’s like, nothing. ESPECIALLY if your home has a ton of unique features or customization. ⁣

When interviewing an agent to help you sell your home, make sure they have a MARKETING PLAN. ⁣

👠 How are they marketing your home online beyond the 1,000 characters?⁣

👠 How is your home being marketed to prospective buyers as they tour your home?⁣

👠 How are they enhancing the overall experience for the buyer as they walk through your home? ⁣

Not every agent does their best to sell their client on your home or even share with them notable updates or customized features that your home may have.⁣

Don’t let any detail get missed.⁣

Higher interest rates have buyers pickier, and a bit gun shy. Marketing is EVERYTHING! ⁣

Alex Murray - Edina Realty⁣
There’s No Place Like Home 👠 ⁣
612-242-8658⁣

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Open House Chaos!

What do Minnesotans call an Open House that can’t be held open because the last agent that showed it lost the key? ⁣

An OPE. House 🥴🥴🥴⁣

Make sure you are working with an agent who operates their business with integrity and professionalism. IT IS SO IMPORTANT 💯⁣

Alex Murray - Edina Realty⁣
There’s No Place Like Home 👠 ⁣
612-242-8658⁣

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Do Solar Panels Increase The Value Of Your Home?

⁉️Do they add value to a home⁉️⁣

I have a client that recently got an offer accepted on a home with a solar panel system. In negotiations, we were made aware of the fact that the solar panel system on the home was not paid off. The seller would not be paying the system off, and the buyer would have to assume the remaining balance of the loan for the system.⁣

❌Sadly, every time I have had a conversation with anyone who has gotten, or considered getting a solar panel system, they stated that the sales rep told them it would add an instant $30-40K in equity.❌⁣

This is where I explain the difference between desirability, and value. A buyer may desire your home over another because of the solar panel system, but it doesn’t necessarily add value to the home. ⁣

Some buyers may look at it as a bonus, and some buyers might not care at all.⁣

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Status Definitions

For sale: Properties which are available for showings and purchase

Active contingent: Properties which are available for showing but are under contract with another buyer

Pending: Properties which are under contract with a buyer and are no longer available for showings

Sold: Properties on which the sale has closed.

Coming soon: Properties which will be on the market soon and are not available for showings.

Contingent and Pending statuses may not be available for all listings