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June 13, 2017

“Pre-Agent” FSBO’s vs. “Post-Agent” FSBO’s

Why Didn’t the Home Sell?? “We finished last with you, we can finish last without you.” –Pirate general manager Branch Rickey to slugger Ralph Kiner, explaining why he decided to trade him. The usual scenario with For Sale By Owner Homes (known in the industry as “FSBO’s”) is a homeowner who initially tries to sell their...
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Three(!) Kinds of Arbitration in Today’s Housing Market

Should Buyers and Sellers Waive Arbitration? Hopefully, It’s a Moot Point [Editor’s Note:  The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway, or any other entity referenced.  If you need legal advice, please consult an attorney.] Unbeknownst to most home buyers and sellers, modern residential real estate...
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The (Exactly) $500,000 or $1 Million Home

Naturally Occurring Shapes — and Numbers Supposedly, there’s no such thing as a naturally-occurring perfect square or rectangle (vs., say, a sphere). Similarly, I’d venture that there’s no such thing as a house that’s worth exactly $500,000 or $1 million. The Lure of Round Numbers So, why does it seem that an inordinate number of...
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