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May 5, 2015

Multiple Offer Winners & Losers, or, “$40k Over Ask Minus $30k in Seller-Paid’s = No House”

Clean vs. Cluttery Offers With multiple offers breaking out all over the Twin Cities housing market now, it’s a smart idea for prospective Buyers competing for a home to know what, besides price, is likely to set their offer apart . . . for both good and bad. Good:  a short, clean offer with a...
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“All Showings Through Listing Agent”: The Golden Rule vs. The House Key Rule

Practice Tip for Agents Whose Listing Sold in Multiple Offers “Whoever has the gold, makes the rules.” –The Golden Rule What trumps The Golden Rule (at least temporarily)? What I’ll call “The House Key Rule”:  whomever controls access to an MLS-listed home controls the sale. That’s particularly relevant in the wake of multiple offers, when...
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