AlexanderGroup
Real Estate
Look at local inventory, days on market, interest rates, and your personal plans — well-priced homes sell year-round.
Not legally, but a Realtor improves pricing, marketing, negotiation, and legal compliance, often increasing your net.
Value is based on comparable sales, condition, location, and market trends. A CMA gives the best estimate.
In a balanced Minnesota market, 30–60 days to receive an offer is typical, depending on price and condition.
Selling first avoids carrying two mortgages, but bridge loans, HELOCs, or extended closings can help you buy first if needed.
Yes — serious buyers still purchase, and low inventory often offsets higher rates.
Meet with a Realtor for a walkthrough, pricing strategy, timeline, and preparation plan.
You need enough to cover your loan payoff, commissions, taxes, and closing costs. A net sheet can estimate this.
Not necessarily. Winter buyers are serious and competition is lower.
Yes — your mortgage is paid off at closing from the proceeds.
Pricing at true market value generates more showings and stronger offers.
No — overpricing leads to fewer showings and often a lower net.
Only if the cost brings a strong return. Paint, flooring, and lighting usually offer the best ROI.
Fix safety issues, leaks, electrical defects, and anything that signals neglect.
Yes — staging improves photos, makes rooms feel larger, and helps buyers visualize living there.
Essential. Buyers decide online whether to schedule a showing.
Yes, especially for acreage, lake properties, and unique lots.
Optional but useful if you want to fix issues upfront or market transparency.
Show-ready clean — decluttered, spotless bathrooms, fresh smells, and tidy entryways.
Yes — it helps buyers picture themselves in the home.
Remove or crate them, and note instructions for agents.
Tremendously — buyers form impressions in the first 10 seconds.
Neutral, fresh paint is one of the best returns on investment.
If it’s worn, stained, or dated, yes — buyers notice.
Absolutely — small flaws make buyers wonder about bigger issues.
Yes — deep cleaning and neutral scents help avoid turning buyers off.
Valuables, prescriptions, personal documents, and sentimental items.
Yes, as long as the work is disclosed and progress is clear.
Yes — keep the home neutral and inviting for everyone.
Aim for 30–50% less than you currently have visible.
Your Realtor summarizes price, financing, contingencies, and net proceeds.
Not legally, but professionally yes.
Not always — financing strength, inspection terms, and timing matter more.
The buyer’s good-faith deposit, usually 1–2% of price.
Yes — it strengthens the buyer’s commitment.
A clause where the buyer automatically beats competing offers up to a limit.
Only with proper forms — otherwise you risk double-acceptance.
Typically 12–24 hours.
Counter reasonably — it’s a starting point, not an insult.
Yes, but only based on terms, not on buyer type.
Many brokers discourage them due to fair-housing concerns.
Cash removes appraisal and financing risk — often the strongest offer.
You can lower price, split the difference, or ask the buyer to bring cash.
Yes, if they have an appraisal contingency.
They may require repairs, but many sellers accept them without issue.
If within the financing contingency, they can cancel. Otherwise, they may default.
Yes, as long as it doesn’t delay closing or weaken their qualifications.
Minnesota legal process allowing you to cancel if the buyer defaults under specific rules.
Usually 15–30 days, depending on method.
Only when the buyer defaults outside their contingencies.
Use statutory cancellation or, rarely, arbitration/legal remedies.
Yes — buyers may seek damages or specific performance.
You can issue a notice or cancel under the contract terms.
You can sell with the lease in place or negotiate move-out.
Yes — leases transfer to the new owner.
Follow MN notice laws and coordinate respectfully.
The personal representative signs; probate may apply.
Follow court or settlement agreements; both parties usually must sign.
Only with court approval — highly specialized.
Yes — but still use full disclosures and proper paperwork.
Options include cash-to-close, lender negotiations, or a short sale.