Try to Locate Past Customers of the Agent

A prospective home buyer can learn a great deal about a real estate agent by talking with some of the agent’s past customers. Do those past customers feel that the agent provided them with a true picture of the real estate in Minnesota? Did the agent acquaint them with facts about the local schools? Did the agent offer plenty of information about the availability of public transportation or the proximity of major highways?

Do Not Hesitate to Interview Agents

Usually before someone is hired for a job he or she must go to an interview. Why then should a prospective home buyer agree to hire a real estate agent without first interviewing that agent? A prospective home buyer should be prepared to seek the following information. v The prospective buyer should learn about the extent of the agent’s experience. Does the agent have a lot of homes included in the available listings? How many homes has the agent sold within the past year? Those are the sort of questions that the prospective home buyer or home seller needs to have answered.

The Biggest Plus for a Real Estate Agent

Of all the qualities that might prove of value to the future homeowner that hires a real estate agent, the most important trait is knowledge of the area. Someone who is looking at Minnesota real estate needs an agent who has developed a strong familiarity with the real estate market in Minnesota. The agent should show a willingness to listen to the desires of the person or couple in need of help with finding Minnesota real estate. Then that agent should be ready to offer advice on the best location for that prospective Minnesota property owner.

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Minnesota Real Estate News

Investors Real Estate Trust Announces Increase in Regular Quarterly Common Share Distribution, and Declares Series A ... (Marketwire via Yahoo! Finance)
Wed, 19 Nov 2008 20:40:00 GMT
Investors Real Estate Trust (NASDAQ: IRETP) announced today that its Board of Trustees has declared a regular quarterly distribution of 16.95 cents per share/unit payable on January 14, 2009, to common shareholders and unitholders of record at the close of business on January 2, 2009. The distribution reinvestment price will be the closing NASDAQ share price on January 14, 2009, less a discount ...

Sale of Woodville Mall near (The Toledo Blade)
Thu, 20 Nov 2008 09:44:48 GMT
It's been on the market for over a year. Now, the Woodville Mall in Northwood has a potential buyer. Metro Equity Management LLC, a Minnesota firm specializing in commercial real estate investment, is currently in negotiations to buy the mall, said Jeff Houge, company vice president for Development and Brokerage. "We've done our part, and we're just waiting to get a date," Mr. Houge said. ...

Minnesota / Property taxes take smaller jump (Pioneer Press)
Thu, 20 Nov 2008 06:41:20 GMT
Property taxes will increase next year in Minnesota, but they won't grow as fast as they have in recent years, the state Revenue Department reported Wednesday.

Economic Breakdown: Real Estate (BizJournals)
Mon, 17 Nov 2008 05:58:26 GMT
As the industries at ground zero of the economic crisis, residential mortgage and real estate have been hit hard by slumping sales, stagnant inventory and increasing layoffs.

Welsh Cos. announces deals, honors (Finance and Commerce)
Wed, 19 Nov 2008 21:36:21 GMT
Minnetonka-based Welsh Cos. announced two notable real estate transactions and an honor awarded to a Welsh property manager. • Welsh brokered the sale of the former Excelsior-Henderson building in Belle Plaine.

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