MINNEAPOLIS Real Estate Market Leaders

Are you ready to find the home of your dreams? Don’t let the daunting process of buying or selling stop you. It’s time to get the help of an experienced Minneapolis Realtor today.

Current Buyer Representation

PENDING / Carlyle #805

$525,000

 

PENDING / Ivy Residences #2330

Price on Request

 

PENDING / Tower Lofts #320

$425,900

Current Seller Representation

ACTIVE / Carlyle #3203

$1,590,000

ACTIVE / 1516 W 24th

$799,900

COMING SOON / Village Lofts #A240

$899,900

Do You Need a Realtor?

You might be wondering if you really need one. After all, there are plenty of homes listed on Zillow, can’t you do it yourself? (1)

Fortunately, working with a realtor for your house search isn’t an antiquated practice, there are real benefits to being in the market with someone to help navigate the process.

Zach has experience with Minneapolis real estate, from what school districts the property is under to what homes typically sell for in different neighborhoods. That kind of hyper-local expertise is exactly what you want when you’re shopping. This kind of expertise cannot be matched by online house listing sites.

If you’re looking to buy or sell a house in today’s market, the idea of working with a real estate agent or broker may feel outdated. […] When you partner with a broker who is an expert in your market and is committed to helping you reach your goal, you end up saving money, time and hassle. 

Forbes.com

Beyond the benefits that come with expert real estate agents during the process, they can also help you negotiate once you do find the house of your dreams.

If your home is for sale, we can help you qualify buyers and mediate the process, making the transaction a breeze for both you and the buyer.

Minneapolis house twilight

What to Do Before Calling Realtors

There are a few things you should do to prepare for the home buying process before you call real estate agents like Zach Kirchoff to the scene. The lengthy real estate process doesn’t start with looking at online listings and going to house showings, after all.

Consider new homes and what you are looking for. How many beds and baths will you need?

If you’re selling your home, you don’t typically need as many preparations before calling. Once you begin considering the sale, however, it’s an excellent time to consider home staging – as well as decluttering old possessions well before the move.

 

Talk to a Lender

Talking to a lender can help you get your paperwork in order ahead of time, starting the mortgage application process well in advance before you need it. You’ll be able to work with a lender agent to get pre-approved for a certain loan amount, as well as determine what you can afford.

Your lender will be able to provide you with an estimate of what you can be pre-approved for, as well as what paperwork you will need to provide to the bank.

 

Take a Cursory Look at the Market

homes for saleThe current realty market can help show you what homes are available, and we will be able to give you more details about these homes, as well as how many homes are likely to show up over the next year or two.

What are the pros and cons of different neighborhoods? Check multiple review sites for reviews on schools. What is the average minimum rating you would accept?

Before that happens, however, taking a cursory look at Minneapolis, MN realty can help you consider where you want to live and what your needs are for a home.

 

Determine Your Maximum Budget

Your maximum budget isn’t just determined by the loan amount, but also any funds you’ve stored away in savings. This total amount is your maximum budget.

Ideally, the home purchase won’t take this full amount, as you’ll often have negotiating room as well. This, however, will give us a good idea about the range you’re looking for in the Minneapolis area, and what’s truly out of your price range.

white room with grand piano

When is the Right Time to Hire a Real Estate Agent?

The “right time” to hire a real estate agent in Minneapolis might vary based on how expedited your search is. If you’re taking a casual look around and going to open houses on your own to see what is on the market without committing to a purchase right away, it might not be time to hire yet.

Once you know that you’re ready to make an offer on a home and understand the financial commitment that comes with it, you are ready to hire a real estate professional. Likewise, if you’re listing a home, it might be time to consult with an agent once you’re ready to list the house. Your agent will be able to tell you if there are any additional preparations to make on the house, such as getting the title inspected or obtaining other paperwork for prospective buyers.

With Zach Kirchoff, you’ll enjoy a smooth search and transaction experience and max results with his real estate team.

nice room with a view

How to Choose the Best for You in Minneapolis MN

Choosing the best Minneapolis real estate agents can be difficult. There are plenty of good ones out there that come at steep prices, but what about an agent that suits your unique needs for a home purchase or sale?

Below is a list of considerations to make when you start searching for the perfect real estate professional to facilitate your search.

 

Get Referrals from Other Homeowners

To start your search, the internet is a great resource, but so are nearby recommendations. Ask around for good recommendations by locals, friends, or family who have recently gone through the real estate process.

When no one else clicks, however, the internet is a great resource for finding the right real estate professional for your needs.

 

Request Previous References

A good real estate professional will have a profile of work and experience to draw from. They won’t necessarily have a lookbook you can view, but they can provide you with previous client references who are willing to put in a good word for them. Alternatively, they may have a range of case studies that you can peruse with different client stories and results.

 

Look for Someone Who Has Your Best Interests at Heart

Your real estate professional is going to be with you throughout the home buying process, recommending different properties to you, or helping you navigate the process and sell your home.

You want to work with someone who truly has your best interests at heart, doing things for your real benefit, rather than the commission they’ll make. This kind of realty team support is invaluable in the real estate industry, providing you with a unique layer of tailored results and extensive network connections.

cozy room with a great view

Does it Matter Who You Choose?

Yes, it does matter who you choose. A good agent will be experienced with the area and able to best represent the properties that match your needs. (2) They’ll take note of what you do or don’t like about homes and use that information to refine their search and find more relevant properties for you to view.

 

You want someone who has knowledge of the neighborhood, who understands the housing market there, knows the inventory, is familiar with the schools, local issues, traffic concerns, and much, much more

Huffpost.com

 

A good agent should take the pain out of the process, ensuring your must-have amenities are nearby or notify you when homes do not meet all your criteria.

By doing the search and utilizing their community connections to get you the best deals – even when they’re early to the listings – a good agent will enable you to focus entirely on whether a home meets your needs.

Don’t settle for anyone less than the best. You deserve the top Minneapolis realtor who will take your interests to heart and search for the perfect fit for both your needs and budget.

Ready to talk to a professional and start your house search in earnest? Contact Zach Kirchoff today for more information.

hardwood floors and a fireplace
cozy dining with fireplace

Your Home Buying Checklist

  • Determine How Much Home You Can Afford. …
  • Save For A Down Payment. …
  • Find A Real Estate Agent You Can Trust. …
  • Get A Mortgage Pre-Approval And Choose A Lender. …
  • Find The Perfect Home For You. …
  • Make A Smart Purchase Offer. …
  • Hire a Real Estate Attorney. …
  • Schedule a Home Inspection.

Read More

white 2 story house
condo with a great city view
minneapolis, mn home

Home Selling Checklist

  • Find a great real estate agent
  • Consider your curb appeal
  • Declutter living areas
  • Depersonalize your space
  • Repaint walls to neutral tones
  • Touch up any scuff marks
  • Fix any loose handles
  • Add some plants

Read More Here

    What is the Difference Between a Realtor and a Real Estate Agent?

    A realtor and a real estate agent are similar, but there are subtle differences that many people are not aware of. Both are licensed and able to help you buy, sell, or rent real estate properties, however, a realtor is a real estate professional who is also a member of the National Association of Realtors.

    The National Association of Realtors, or NAR, requires all its members to adhere to a strict code of ethics. Only real estate professionals who are a member of NAR are allowed to call themselves Realtors.

    The type of real estate professional you choose depends on your needs as a buyer or seller, and the professional you choose should still be able to provide the usual testimonials and experience that you’d ask for in your due diligence regardless.

    living room

    The Buying Process from Start to Close

    For many people, a house is the single most expensive investment you will make in your lifetime. A real estate professional like Zach Kirchoff can help you make the transaction as smooth as possible, enabling you to find your dream home and close the deal with little hassle.

    The buying process begins with a house that fits your needs. Once you put in an offer – and it is accepted by the seller – you can open an escrow account with your bank or an escrow agent. This allows you to hold funds in a third-party account to ensure the money for the transaction is there.

    Next, you’ll want to get a home inspection done. This will help you find any defects or surprises about the home’s overall condition that could save you thousands in repairs later on.

    Defects with the house can also be used as negotiation points to lower the overall sale price, or have the seller fix the issues before the sale. If the seller refuses, you can either walk away from the transaction or continue with the understanding that these issues will be resolved under your ownership. Any issues must be resolved or negotiated before you can proceed with the mortgage agreement.

    Next, you’ll need to complete your mortgage application with the bank and have the lender appraise the home. The appraisal fee is typically the buyer’s responsibility. Zach can help you navigate the mortgage application process and prepare you with the documents you’ll need before you ever see the house.

    Once the mortgage is in place, it’s time for the sale to become official. You’ll have a few more complex documents to sign and do a final walkthrough of the home to go down the purchase agreement checklist.

    The next step is new keys, and a moving truck to get you started at your new property.

    home on the lake, real estate

    Do Buyers Pay the Fees in Minnesota?

    No, buyers do not typically pay the fees in Minnesota, however, each case may be a little different. Real estate fees are most often wrapped into the seller’s closing costs, which are much higher than the buyer’s fees for the transaction.

    Fees are typically determined based on the home’s final closing price, and sellers can expect to pay anywhere from 5-12% of that cost, whereas buyers do not typically pay an additional fee.

    average review score, real

    Can a Realtor Help You Sell Your Home?

    Yes, a realtor can help you sell your home in Minneapolis. While not legally required, it’s a good investment to make, especially since most home sales go for over $100K for a single transaction. Between the transaction price, ensuring all the documents are in order, and having to negotiate the sale yourself, a real estate professional’s fee suddenly seems much smaller so they handle these details instead.

    Not only does using an agent help you make the selling process go faster and much more smoothly, but it’s an incentive for buyers who don’t want to purchase a For Sale By Owner (FSBO) home.

    Your agent will guide you every step of the way, helping you get your documentation together ahead of time, setting the price based on current hyper-local prices, as well as marketing your property across different networks and platforms.

    This kind of service is the standard for realtors assisting sellers, which is also why FSBO properties tend to be listed much longer, as the seller has to figure these details out on their own, and too often comes up with missing documents that extend the sales transaction.

    multiple review sites, homes for sale, ave, real

    Top Real Estate Agents Minneapolis: Zach Kirchoff

    Are you looking for homes for sale in Minnesota, or are you ready to sell your current house?

    Whether you’re ready to sell or trying out different options for buying, Zach Kirchoff is the right choice for property owners and buyers looking for new homes.

    You shouldn’t have to worry about the logistics, just whether the sale is successful, or if the property is the right fit for your needs. With the right professional, the entire process is made easy with brokerage and property search services.

    Contact Zach via phone or email for more information about real estate around Minneapolis, MN today.

    homes for sale, minneapolis real

    References:

    1. com, Three Essential Ways Agents Provide Value Today, https://www.forbes.com/sites/forbesrealestatecouncil/2021/03/12/three-essential-ways-realtors-provide-value-in-todays-market/?sh=4ca538d5ba5f
    2. com, What You Really Need to Know Before You Pick an Agent, https://www.huffpost.com/entry/how-to-pick-a-real-estate-agent_n_5a5fbe5ee4b0ccf9f12121d2

    average review score, homes for sale, real

    Find Us on the Web

    How Do I Find a Good Realtor?

    Buying a home is one of the biggest decisions you’ll make in your lifetime. So, it’s important to take everything into consideration when shopping around for a realtor. 

    Here are some things to consider when choosing someone to work with: 

    • Are they knowledgeable and experienced? 
    • What kind of services do they provide? 
    • Do they have any investment properties or other conflicts of interest? 
    • How much commission will I be paying them out of my own pocket? 
    • How often can we meet and how long can we talk on the phone each time before we sign an agreement together? 
    • Can I get references from people that have worked with this person before in order to gain more insight about their service level and personality?

     

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      Lakes Sotheby’s International Realty

       

      120 Hennepin Avenue #224
      Minneapolis, MN 55401

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