Author Archives: BMA2024
After lightning destroyed home, owner rebuilt $1.9M Prior Lake estate
Not many homeowners can say they built the same house twice. Mike and Kathy Viola can. In 2007, the couple built a large “European country casual” home on 2.5 acres in Prior Lake overlooking the Credit River basin.
iBuyers: What you need to know about selling your home with an online investment firm
Key insights:
Large online investment firms known as “iBuyers” provide automated offers to home sellers.
Before selling with an iBuyer, homeowners should know how their algorithms work to generate offers — and how these offers may differ from a traditional buyer’s offer.
New data shows that selling to an iBuyer could cost the seller 2-3 times more than when they sell with a traditional real estate agent who earns a commission.