Thank you for 2022
Thank You for another Unforgettable Year! As winter approaches here in Northern Minnesota, we want to take a moment to thank all of our clients, friends, families and associates that played a role in another unforgettable real estate season! To All Our Clients, Friends and Acquaintances (both new and old), As the end of the […]
VRBO’s in St. Louis County
Short term rentals in St. Louis County–What You Need to Know Reminder: St. Louis County regulates VRBOs. St. Louis County regulates short term (vacation home) rentals. A short term rental dwelling unit is defined as any home, cabin, condominium or similar building represented to the public as a place where sleeping accommodations are furnished to the public […]
B.I.C. Realty affiliates with eXp Realty
B.I.C. Realty and it’s real estate agents are excited to announce they have joined forces with eXp Realty, the fastest-growing residential real estate company with over 80,000 agents globally. The core values of eXp Realty align with that of B.I.C. Realty include community, collaboration, services, integrity, fun and innovation. This transition will enable B.I.C. Realty to […]
Property Escalation Clause
What Is An Escalation Clause And When Is The Time To Use One? It’s not uncommon for sellers to receive more than one offer in a soaring real estate market. Therefore, depending on the type of real estate market you’re buying a property in, an escalation clause in real estate may be necessary for winning […]
Local Business Spotlight: True North Home Inspection
Kyle Hotchkiss founded True North Home Inspection in 2016 in Northern Minnesota, serving St. Louis, Itasca, Koochiching, Lake and Cook Counties, sometimes Carlton and Aikin, as being centrally located on the Iron Range gives me the advantage to not charge travel fees to our clients. We often perform our services by proxy. We also offer […]
Questions on Floodplains
Minnesota is known as the Land of 10,000 Lakes and with that comes the potential for flooding. If you are interested in purchasing or selling a property that borders public waters, flooding maybe a concern for a buyers and their lender. Flood maps are produced by FEMA and the Minnesota DNR that show how likely […]
Reasons Buyers Are Losing out on Homes
There’s no doubt this is a difficult environment for buyers. With low inventory and high demand, buyers have few options to choose from and an abundance of competitors. However, there are plenty of buyers who are doing themselves a massive disservice by making one (or several) of the following mistakes: 1. Not being aware of just […]
Code of Ethics
Did you know Realtors are obligated to follow a pretty lengthy Code of Ethics? This helps to bring integrity and fairness to real estate transactions. For more information, click here: CODE OF ETHICS
Property Taxes and Assessed Value
How does the Assessor determine your property value? It’s property tax assessment letter season. And, this year, many homeowners in our area are surprised to see a spike in their property values — again. Median property values in our area have increased significantly in the last year due to low inventory and low interest rates. […]
How Much Money will You get when You Sell Your Property?
Considering selling your home, hunting land, lake cabin or recreational property? If so, you are probably wondering how much money you will make when you get to the closing table. 1. Determine Property Value. A property valuation is a great place to start to help determine how much your property is worth in our current […]