YTD Waterfront Market Update
Here is a look at the 2024 Waterfront market around the Iron Range.
The Negotiation Process of Selling a Home
The negotiation process can be one of the most exciting parts of selling a home, but until you get there, you may be wringing your hands, worried that you won’t be able to secure the deal. Whether you receive multiple offers or you get just one or two offers, B.I.C. Realty’s experienced agents can help […]
January 16, 2025 Newsletter
B.I.C. REALTY FEATURED LISTINGS Private Country Home! MLS#147594 $280,000 Privacy and peace of this cozy country home located on 17 acres and close to Pelican Lake. The 2 bedroom/ 1 bath home has all single floor living and a gorgeous covered porch on the front. Learn more Charming Home in VIrginia! MLS#147549 $170,000 This 3 […]
Homeowners Insurance
Minnesota Homeowners Insurance: Types of Coverage and Reimbursements to know when when buying a home. Quick Takeaways In Minnesota, average homeowners insurance premiums have increased by 39 percent over the past seven years, and 15 percent in 2023 alone. Homeowners insurance is a “package policy”—this means it covers both actual, physical property and legal responsibility […]
Lake Vermilion Homes and Cabins Sold YTD
As the year winds down, we have seen a lot of changes in the local real estate market including second home and lake cabins. Below is a link to the lake homes on Lake Vermilion that have been sold year to date by B.I.C. Realty and other realtors as data provided by our local Range […]
Steps to Buying A Home
Step 1. What can you afford? Mortgage Rates, Affordibility and Down Payment If you’re in the market to buy a home, you should understand how the mortgage rate affects your ability to afford a home and watch mortgage rates carefully. Mortgage RatesA mortgage rate is the interest rate you pay on the money you borrow […]
What is a Listing Agreement?
A listing agreement is a contract between you and your agent company that says the agent can represent you and market your property to potential buyers and their agents and establishes the sales price for your home.
Why Fall can be the Best Time to Sell and Buy Property
Key Insights In Minnesota Fall is a historically good time for buying and selling Property. Sellers will deal with more serious offers and buyers during Fall. Buyers will face less competition from other buyers. Many buyer and sellers assume Spring and Summer are the busiest times of the year for real estate transactions but in […]
Q&A What is the MLS for Realtors?
What Is A Multiple Listing Service (MLS)? Multiple listing services (MLS databases) are created and maintained by cooperating realtors and associations to share information about properties that are listed for sale by a realtor. This data usually includes details such as the listing price, bedrooms, bathrooms, square footage and other similar data points relevant to […]
Should You Accept the First Offer on Your Home?
You just got your home listed and you received a strong offer! Congratulations! Now, you need to decide if you should accept your first, strong offer or hold out for a stronger offer. It’s a big decision home sellers have to make. A seller may think they have underpriced their home and they will get […]